Security Deposit Calculator
Move-In Cost Estimate
Calculate total upfront move-in costs
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Deposit Interest
Calculate interest owed on a security deposit (required in some states)
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%
months
Formula
Total Move-In = Security Deposit + First/Last Month Rent + Fees | Deposit Interest = Deposit × (Annual Rate / 12) × Months
Frequently Asked Questions
How much is a typical security deposit?
A typical security deposit is 1-2 months' rent, though it varies by state law. Many states cap deposits: California limits it to 1 month for unfurnished units, while other states may allow up to 3 months.
Do landlords have to pay interest on security deposits?
In some states and cities, yes. For example, Illinois, Maryland, and New York City require landlords to hold deposits in interest-bearing accounts and pay tenants the earned interest. Check your local laws.
When do I get my security deposit back?
Most states require landlords to return the deposit within 14-60 days after move-out. Deductions for damages beyond normal wear and tear must be itemized. Cleaning fees are generally not deductible from deposits unless the unit was left excessively dirty.
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