Direct answer
In New York, the security deposit for residential rentals is generally limited to one month’s rent. For apartments that are not rent regulated, landlords generally must return the deposit within 14 days after you move out with an itemized statement of deductions; without that statement, the full deposit is typically due. Rent-regulated apartments follow a “reasonable time” standard. NYC broker fee rules (FARE Act) are separate but affect what you pay to move in. Not legal advice.
Last reviewed November 2026
Deposit and related move-in costs
One-month deposit cap
Security deposits are generally capped at one month’s rent statewide for covered residential tenancies.
Return timing
Non-regulated units: typically 14 days after move-out with itemization. Rent-regulated: reasonable time. Keep records of condition at move-in and move-out.
Application / credit check fees
Background or credit check fees are capped (generally $20 or actual cost, whichever is less), with a copy of the check and invoice.
NYC broker fees
Under NYC’s FARE Act (in effect since June 11, 2025), a broker who represents the landlord generally cannot charge you a fee. Confirm current DCA guidance for your listing.
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Frequently asked questions
How do I know if my unit is rent stabilized?
Request the unit’s rent history from NYS Homes and Community Renewal (HCR). Stabilized leases should also come with a rider.
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