Best answer

One month rent

People also ask

  • How much can a landlord charge for a rental security deposit?

  • State landlord-tenant laws limit how much of a rental security deposit a landlord can collect from a tenant. As a rule of thumb, a security deposit is equal to 1 month or more of rent, depending on the state.

  • What is a security deposit for a house?

  • A security deposit is a sum of money that a tenant pays a landlord before moving into a rental property. The amount is usually based on the monthly rent amount. The amount is often equivalent to one or two months of rent. This may also be based partially on your credit score.

  • Do you have to pay deposit to rent a house?

  • Many landlords require the security deposit and first month rent (and sometimes last month rent too) before they檒l give you keys. Landlords set security deposits to protect them from damage and non-payment.

  • What do landlords need to know about security deposits?

  • In some states, landlords must provide tenants with the name and address of the bank in which they檒l be storing the deposit, along with the amount they檙e depositing there. Landlords may also be required to pay tenants interest on their security deposits in certain circumstances.