New Brunswick Rental Deposit Rules & Calculator
New Brunswick generally allows up to one month of rent as the security deposit for monthly or longer leases.
Calculate the standard maximum
This models the standard rule summarized by the official source below. Special tenancy types, pets, keys or other permitted charges can follow different rules.
The rule in plain English
For month-to-month, year-to-year and fixed-term leases, New Brunswick states that the security deposit can be up to one month of rent. Week-to-week leases use a one-week limit.
For a typical monthly lease, a renter may need the first month of rent plus up to one month as the security deposit.
What renters should verify before paying
- Monthly, yearly and fixed-term leases generally allow up to one month of rent.
- Week-to-week leases use a one-week maximum.
- New Brunswick has a specific government process for holding and returning security deposits.
A landlord asking for money does not by itself establish that the payment is permitted. Ask what the payment is for, get the amount and purpose in writing, and keep proof of payment. This is especially important for newcomers who may be unfamiliar with local tenancy rules and may feel pressure to secure housing quickly.
Why this rule matters to your move-in budget
The deposit changes how much cash you need before move-in. At $2,000 monthly rent, a one-month deposit means another $2,000 upfront; a half-month cap means $1,000; and a rule that prohibits an additional security deposit can materially reduce the amount a landlord may require. Use the calculator with your actual rent rather than a national average.
Credit history does not erase tenancy law
Newcomers sometimes encounter requests for extra money because they have little or no Canadian credit history. Deposit rules still matter. Before offering several months of rent or an extra “damage deposit,” check what the relevant tenancy authority allows and consider safer ways to strengthen an application, such as employment evidence, references or a guarantor where appropriate.
Primary official source
New Brunswick — security deposits →
General information only. Residential tenancy law can change and special situations can have different rules. Check the official source before acting.
Related CanadaStarter tools
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