CalculateRealEstateROI

Rental Property

How much security deposit should I collect?

Maximum allowed by state — typically 1–2 months rent.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Direct answer

Maximum allowed by state — typically 1–2 months rent.

Expanded explanation

Some states cap at 1 month (CA, IL, MA); others allow up to 2 (TX, FL). Hold in separate account where required. Move-in inspection with photos is mandatory.

Examples

  • $1,500 rent × 1 month = $1,500 deposit in TX.

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