How much is a security deposit

With the cost of living on the rise, many people are asking how much is a security deposit. The short answer is that it varies depending on where you live and what type of dwelling you’re renting out. For example, in California your security deposit can be as high as two months’ rent for an unfurnished apartment without dependents or three to four months’ rent if you have children who will reside with you; however, there are other factors involved such as income level which can affect this amount. It’s important to know what these costs may be before signing any contracts so that you don’t wind up overspending due to lack of knowledge about them beforehand!