Lake Placid Security Deposit Calculator (2026) — Free
One missed deadline. One wrong deduction. That's all it takes to owe 2x penalties in Lake Placid. Calculate your exact limits before it costs you.
Calculate Your Security Deposit Limits
Results for Lake Placid, FL
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result
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deadline / notice
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penalty if violated
Lake Placid Security Deposit by Unit Size
Here are the amounts at Lake Placid's current Fair Market Rents:
| Unit Size | Median Rent | Max Deposit | Penalty Risk |
|---|---|---|---|
| Studio | $876/mo | No limit | Varies |
| 1-Bedroom | $1,006/mo | No limit | Varies |
| 2-Bedroom | $1,271/mo | No limit | Varies |
| 3-Bedroom | $1,538/mo | No limit | Varies |
| 4-Bedroom | $2,017/mo | No limit | Varies |
Rents based on HUD Fair Market Rents (FY2026) for Highlands County.
Penalty Warning
If you fail to return the deposit within 15 days, a Lake Placid tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Landlord may owe deposit plus interest if holding in non-interest-bearing account; bad faith withholding may result in damages
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For the full breakdown of rules, deadlines, and procedures, see our Lake Placid Security Deposit Laws guide.
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Reviewed 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.
