Round Lake, NY Late Fee Limits 2026
Late fees in Round Lake are capped at 5% of rent ($85 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.
In New York, late fees must be reasonable and proportional to actual damages from late payment. The cap is 5% of rent. A 5-day grace period applies.
This applies to properties in Round Lake, NY. Check all requirements for your property →
Key Takeaways — Round Lake Late Fee Limits
- Key rule: 5% Max or Tenants Sue
- Violation risk: face a lawsuit
Late Fee Limits in Round Lake
Round Lake landlords must follow New York state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$1,702
median 2BR rent
5% Max or Tenants Sue
key requirement
Penalty Warning
Violate New York late fee limits rules in Round Lake and you could face a lawsuit. At Round Lake's median rent of $1,702/month, even a single violation adds up fast.
Round Lake Rental Market Context
Round Lake is the 450th-largest city in New York (population 854). With a median 2-bedroom rent of $1,702/month, it falls in the above-average range for New York rental costs — 25% above the state median of $1,360/month.
How Round Lake Compares in Saratoga County
Round Lake ranks #9 of 10 cities in Saratoga County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Late Fee Limit |
|---|---|---|---|
| Saratoga Springs | 28,544 | $1,702/mo | $85 max |
| Mechanicville | 5,089 | $1,702/mo | $85 max |
| Ballston Spa | 4,933 | $1,702/mo | $85 max |
| South Glens Falls | 3,717 | $1,702/mo | $85 max |
| Corinth | 2,644 | $1,702/mo | $85 max |
| Waterford | 2,026 | $1,702/mo | $85 max |
| Stillwater | 1,748 | $1,702/mo | $85 max |
| Schuylerville | 1,350 | $1,702/mo | $85 max |
| Round Lake | 854 | $1,702/mo | $85 max |
| Galway | 159 | $1,702/mo | $85 max |
Rents based on HUD Fair Market Rents (FY2026) for Saratoga County, New York. All cities follow New York state law unless a local ordinance applies.
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Late Fee Limits by Unit Size in Round Lake
Late fee caps scale with rent. Here's the maximum by unit type:
| Unit Size | Median Rent | Max Late Fee (5%) |
|---|---|---|
| Studio | $1,217/mo | $60 |
| 1-Bedroom | $1,417/mo | $70 |
| 2-Bedroom | $1,702/mo | $85 |
| 3-Bedroom | $2,041/mo | $102 |
Rents based on HUD Fair Market Rents (FY2026) for Saratoga County.
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More Round Lake Landlord Laws
Late Fee Limits in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Late Fee Limits checklist for New York landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
