What are the landlord-tenant laws in Waverly, New York?

Waverly landlords must follow New York state law covering security deposits (capped at 1 month(s) of rent, returned within 14 days), eviction notice requirements, rent increase rules. Violations can result in penalties of $2,206+.

What is the maximum security deposit in Waverly?

Waverly landlords can charge up to 1 month(s) of rent as a security deposit. At the median 2BR rent of $1,103/month, the maximum deposit is $1,103. The deposit must be returned within 14 days after move-out.

How much notice is required for rent increases in Waverly?

Landlords must provide 30 days' written notice before raising rent. Failure to comply can void the increase.

Waverly · New York

Waverly, NY Landlord Laws 2026

Every housing law that applies to Waverly landlords — security deposits, eviction rules, rent increases, and more. Updated for 2026.

Based on New York state law.

Waverly Rental Market in 2026

$1,103

median 2BR rent

4,270

population

$1,103

max security deposit

Waverly landlords must comply with New York state landlord-tenant laws. At a median 2-bedroom rent of $1,103/month, understanding deposit caps, notice periods, and eviction rules can save you thousands in penalties.

Local Housing Market Data

The HUD Fair Market Rent for a 2-bedroom in Waverly is $1,103/month, which affects Section 8 voucher amounts and affordable housing calculations.

Key Takeaways for Waverly Landlords

Security deposit: Capped at 1 month(s) of rent ($1,103 at median rent). Must return within 14 days or face penalties up to $2,206.

New York Laws That Apply in Waverly

Good Cause Eviction Law

N.Y. Real Prop. Law §226-C et seq.

Statewide rent increase cap (10% or 5% + CPI) and just cause eviction protections. Covers most residential tenancies outside NYC rent stabilization.

Housing Stability and Tenant Protection Act (HSTPA)

2019 Session Laws, ch. 36

Major 2019 reform limiting security deposits to 1 month, restricting late fees, and strengthening rent stabilization in NYC.

NYC Rent Stabilization Law

NYC Admin Code §26-501 et seq.

Covers approximately 1 million apartments in NYC with RGB-set annual rent increases.

Waverly Landlord Law Topics

Click any topic below for detailed Waverly-specific rules, deadlines, penalties, and free compliance tools.