Rent Late Fee Calculator — New York
The late fee is capped at the lesser of $50 or 5% of the monthly rent. A late fee may not be charged until the rent is more than 5 days late.
We'll check it against your state's legal cap.
Maximum lawful late fee
$50.00
The lesser of $50 or 5% of rent.
Not legal advice. LandlordKit provides general informational tools, not legal advice. Landlord-tenant laws change and vary by city and county. Verify the cited statute and consult a licensed attorney before acting on any result.
New York late fee rules
The late fee is capped at the lesser of $50 or 5% of the monthly rent. A late fee may not be charged until the rent is more than 5 days late.
Last verified June 1, 2026.
New York late fee FAQ
What is the maximum late fee a landlord can charge in New York?+
The late fee is capped at the lesser of $50 or 5% of the monthly rent. A late fee may not be charged until the rent is more than 5 days late. (N.Y. Real Prop. Law § 238-a).
Is there a grace period for late rent in New York?+
Yes — a late fee cannot be charged until the rent is more than 5 days late.
Can a late fee exceed the legal cap if the lease says so?+
No. A lease clause that sets a late fee above the state's legal limit is generally void and unenforceable, even if the tenant signed it.
Is this late fee calculator free?+
Yes — it's free and requires no signup.