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Lake Success Security Deposit Calculator (2026) — Free

One missed deadline. One wrong deduction. That's all it takes to owe 2x penalties in Lake Success. Calculate your exact limits before it costs you.

Calculate Your Security Deposit Limits

Results for Lake Success, NY

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result

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deadline / notice

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penalty if violated

Lake Success Security Deposit by Unit Size

Here are the amounts at Lake Success's current Fair Market Rents:

Unit Size Median Rent Max Deposit (1mo) Penalty Risk
Studio $1,215/mo $1,215 Varies
1-Bedroom $1,315/mo $1,315 Varies
2-Bedroom $1,579/mo $1,579 Varies
3-Bedroom $1,976/mo $1,976 Varies
4-Bedroom $2,193/mo $2,193 Varies

Rents based on HUD Fair Market Rents (FY2026) for State Average.

Penalty Warning

If you fail to return the deposit within 14 days, a Lake Success tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Tenant may recover the deposit plus interest if not properly held or returned

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For the full breakdown of rules, deadlines, and procedures, see our Lake Success Security Deposit Laws guide.

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How we built this calculator: Security Deposit Calculator rules are based on New York state statutes (N.Y. Real Prop. Law §226-C et seq.). Default rent values come from HUD Fair Market Rents (FY2026) for the Lake Success area. Last updated: August 2026. This tool provides general information, not legal advice. Consult a licensed attorney for guidance specific to your situation.
RA

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.