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Jan 25, 2019 · If your state has specific laws limiting securitydeposits, then the maximum you can charge is based on the monthly rent of your unit. For example, in Maryland the security deposit limit is two months' rent. If the monthly rent of your unit is $1,000, the the most you can charge as a security deposit is $2,000, or two months' rent.. The deposit amount is usually determined based upon the monthly rental for the property. It may, for example, be set at the value of two months’ rental. However, the final amount will ultimately be decided upon between the tenant and the landlord. In most lease agreements, there is a rental increase that commences after the first 12 months.
