What is the maximum security deposit in Penn Yan, New York?

New York limits security deposits to 1 month(s) of rent. At Penn Yan's median rent of $1,097/month, the maximum deposit is $1,097.

How many days does a Penn Yan landlord have to return a security deposit?

Landlords in Penn Yan must return the security deposit within 14 days after the tenant moves out. 14 days

What is the penalty for not returning a security deposit on time in Penn Yan?

Tenant may recover the deposit plus interest if not properly held or returned The tenant can also recover court costs and attorney fees in most cases.

Penn Yan Security Deposit Calculator (2026) — Free

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

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Penn Yan Security Deposit by Unit Size

Here are the amounts at Penn Yan's current Fair Market Rents:

Unit Size	Median Rent	Max Deposit (1mo)	Penalty Risk
Studio	$756/mo	$756	Varies
1-Bedroom	$836/mo	$836	Varies
2-Bedroom	$1,097/mo	$1,097	Varies
3-Bedroom	$1,329/mo	$1,329	Varies
4-Bedroom	$1,840/mo	$1,840	Varies

Rents based on HUD Fair Market Rents (FY2026) for Yates County.

Penalty Warning

If you fail to return the deposit within 14 days, a Penn Yan 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 Penn Yan 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 Penn Yan area. Last updated: August 2026. This tool provides general information, not legal advice. Consult a licensed attorney for guidance specific to your situation.

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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.