Martinsville Security Deposit Calculator (2026) — Free
One missed deadline. One wrong deduction. That's all it takes to owe 2x penalties in Martinsville. Calculate your exact limits before it costs you.
Calculate Your Security Deposit Limits
Results for Martinsville, VA
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result
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deadline / notice
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penalty if violated
Martinsville Security Deposit by Unit Size
Here are the amounts at Martinsville's current Fair Market Rents:
| Unit Size | Median Rent | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $749/mo | $1,498 | Varies |
| 1-Bedroom | $753/mo | $1,506 | Varies |
| 2-Bedroom | $914/mo | $1,828 | Varies |
| 3-Bedroom | $1,096/mo | $2,192 | Varies |
| 4-Bedroom | $1,282/mo | $2,564 | Varies |
Rents based on HUD Fair Market Rents (FY2026) for Martinsville city.
Penalty Warning
If you fail to return the deposit within 45 days, a Martinsville tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Tenant may recover the deposit plus damages and attorney fees
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For the full breakdown of rules, deadlines, and procedures, see our Martinsville 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.
