Free Security Deposit Calculator

Calculate the security deposit amount based on monthly rent and local maximum deposit rules.

USD
USD

Security Deposit

$2,000

Total Upfront (Deposit + Pet + First Month)$4,000
Total Deposits Only$2,000

Security Deposit vs Monthly Rent

Security Deposit Calculation

Security deposits protect landlords against property damage and unpaid rent.

Formula

Security Deposit = Monthly Rent x Multiplier

Total Upfront = Security Deposit + Pet Deposit + First Month Rent

Legal Limits

  • Many states cap security deposits at 1-2 months rent
  • Some jurisdictions require deposits be held in interest-bearing accounts
  • Returns must be made within a set period after moveout (typically 14-30 days)
  • Example Calculation

    $2,000/month rent with a deposit of 1x monthly rent and no pet deposit.

    1. 01Security deposit: $2,000 x 1 = $2,000
    2. 02Total deposits: $2,000 + $0 = $2,000
    3. 03Total upfront with first month: $2,000 + $0 + $2,000 = $4,000

    Frequently Asked Questions

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