Calculator

Security deposit calculator

Estimate a security deposit within your state's cap.

The short answer

With a one-month cap and $2,000 rent, a $2,500 request is reduced to $2,000.

Security deposit

Deposit = min(requested deposit, cap in months × monthly rent)

Cap at this rent
$2,000.00
Deposit to charge
$2,000.00
  • Requested deposit exceeds the 1-month cap you entered; 2000 was applied.
  • Confirm your own state and local deposit cap, holding and return rules — they vary and change.
Show the arithmetic
  • Cap: 2000 × 1 = 2000
  • Deposit: 2000
Worked example

With a one-month cap and $2,000 rent, a $2,500 request is reduced to $2,000.

Assumptions
  • You enter the cap. State and local deposit limits differ and change, so this calculator does not assume one for you.
  • Some jurisdictions require deposits to be held in a separate interest-bearing account and returned within a set number of days.

Every figure is calculated from the values you entered. Nothing is fetched from market data, and this is general information rather than financial, legal or tax advice.

Formula

Deposit = min(requested deposit, cap in months × monthly rent)

What you need

  • Monthly rent
  • Local cap in months of rent (0 for none)
  • Deposit you want to charge

Worked example

With a one-month cap and $2,000 rent, a $2,500 request is reduced to $2,000.

Assumptions and units

  • You enter the cap. State and local deposit limits differ and change, so this calculator does not assume one for you.
  • Some jurisdictions require deposits to be held in a separate interest-bearing account and returned within a set number of days.

Limitations

Every figure is calculated from the values you enter — nothing is estimated from market data. Real outcomes depend on your state, your lease terms and your property. This is general information, not financial, legal or tax advice.

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