diff --git a/crates/env/src/api.rs b/crates/env/src/api.rs
index 96f3567473..945ab8e5d4 100644
--- a/crates/env/src/api.rs
+++ b/crates/env/src/api.rs
@@ -34,7 +34,10 @@ use crate::{
         HashOutput,
     },
     topics::Topics,
-    types::RentParams,
+    types::{
+        RentParams,
+        RentStatus,
+    },
     Environment,
     Result,
 };
@@ -170,6 +173,28 @@ where
     })
 }
 
+/// Returns information about the required deposit and resulting rent.
+///
+/// # Parameters
+///
+/// - `at_refcount`: The refcount assumed for the returned `custom_refcount_*` fields.
+///   If `None` is supplied the `custom_refcount_*` fields will also be `None`.
+///
+///   The `current_*` fields of `RentStatus` do **not** consider changes to the code's
+///   refcount made during the currently running call.
+///
+/// # Errors
+///
+/// If the returned value cannot be properly decoded.
+pub fn rent_status<T>(at_refcount: Option<core::num::NonZeroU32>) -> Result<RentStatus<T>>
+where
+    T: Environment,
+{
+    <EnvInstance as OnInstance>::on_instance(|instance| {
+        TypedEnvBackend::rent_status::<T>(instance, at_refcount)
+    })
+}
+
 /// Returns the current block number.
 ///
 /// # Errors
diff --git a/crates/env/src/backend.rs b/crates/env/src/backend.rs
index 96f23cae23..feaffca187 100644
--- a/crates/env/src/backend.rs
+++ b/crates/env/src/backend.rs
@@ -23,7 +23,10 @@ use crate::{
         HashOutput,
     },
     topics::Topics,
-    types::RentParams,
+    types::{
+        RentParams,
+        RentStatus,
+    },
     Environment,
     Result,
 };
@@ -230,6 +233,16 @@ pub trait TypedEnvBackend: EnvBackend {
     /// For more details visit: [`RentParams`][`crate::RentParams`]
     fn rent_params<T: Environment>(&mut self) -> Result<RentParams<T>>;
 
+    /// Returns information about the required deposit and resulting rent.
+    ///
+    /// # Note
+    ///
+    /// For more details visit: [`RentStatus`][`crate::RentStatus`]
+    fn rent_status<T: Environment>(
+        &mut self,
+        at_refcount: Option<core::num::NonZeroU32>,
+    ) -> Result<RentStatus<T>>;
+
     /// Returns the current block number.
     ///
     /// # Note
diff --git a/crates/env/src/engine/experimental_off_chain/impls.rs b/crates/env/src/engine/experimental_off_chain/impls.rs
index e89f063d52..0781e0670f 100644
--- a/crates/env/src/engine/experimental_off_chain/impls.rs
+++ b/crates/env/src/engine/experimental_off_chain/impls.rs
@@ -35,6 +35,7 @@ use crate::{
     EnvBackend,
     Environment,
     RentParams,
+    RentStatus,
     Result,
     ReturnFlags,
     TypedEnvBackend,
@@ -309,6 +310,16 @@ impl TypedEnvBackend for EnvInstance {
         unimplemented!("off-chain environment does not support rent params")
     }
 
+    fn rent_status<T>(
+        &mut self,
+        _at_refcount: Option<core::num::NonZeroU32>,
+    ) -> Result<RentStatus<T>>
+    where
+        T: Environment,
+    {
+        unimplemented!("off-chain environment does not support rent status")
+    }
+
     fn block_number<T: Environment>(&mut self) -> Result<T::BlockNumber> {
         self.get_property::<T::BlockNumber>(Engine::block_number)
     }
diff --git a/crates/env/src/engine/off_chain/impls.rs b/crates/env/src/engine/off_chain/impls.rs
index 51168ac693..abf6790816 100644
--- a/crates/env/src/engine/off_chain/impls.rs
+++ b/crates/env/src/engine/off_chain/impls.rs
@@ -32,7 +32,10 @@ use crate::{
         Sha2x256,
     },
     topics::Topics,
-    types::RentParams,
+    types::{
+        RentParams,
+        RentStatus,
+    },
     EnvBackend,
     Environment,
     Error,
@@ -391,6 +394,16 @@ impl TypedEnvBackend for EnvInstance {
         })
     }
 
+    fn rent_status<T>(
+        &mut self,
+        _at_refcount: Option<core::num::NonZeroU32>,
+    ) -> Result<RentStatus<T>>
+    where
+        T: Environment,
+    {
+        unimplemented!("off-chain environment does not support rent status")
+    }
+
     fn block_number<T: Environment>(&mut self) -> Result<T::BlockNumber> {
         self.current_block()
             .expect(UNINITIALIZED_EXEC_CONTEXT)
diff --git a/crates/env/src/engine/on_chain/ext.rs b/crates/env/src/engine/on_chain/ext.rs
index 7cfb0808ac..dfbd3dd167 100644
--- a/crates/env/src/engine/on_chain/ext.rs
+++ b/crates/env/src/engine/on_chain/ext.rs
@@ -348,6 +348,12 @@ mod sys {
             output_ptr: Ptr32Mut<[u8]>,
             output_len_ptr: Ptr32Mut<u32>,
         );
+
+        pub fn seal_rent_status(
+            at_refcount: u32,
+            output_ptr: Ptr32Mut<[u8]>,
+            output_len_ptr: Ptr32Mut<u32>,
+        );
     }
 }
 
@@ -610,6 +616,20 @@ pub fn rent_params(output: &mut &mut [u8]) {
     extract_from_slice(output, output_len as usize);
 }
 
+pub fn rent_status(at_refcount: Option<core::num::NonZeroU32>, output: &mut &mut [u8]) {
+    let mut output_len = output.len() as u32;
+    {
+        unsafe {
+            sys::seal_rent_status(
+                at_refcount.map_or(0, |rc| rc.get()),
+                Ptr32Mut::from_slice(output),
+                Ptr32Mut::from_ref(&mut output_len),
+            )
+        };
+    }
+    extract_from_slice(output, output_len as usize);
+}
+
 pub fn random(subject: &[u8], output: &mut &mut [u8]) {
     let mut output_len = output.len() as u32;
     {
diff --git a/crates/env/src/engine/on_chain/impls.rs b/crates/env/src/engine/on_chain/impls.rs
index 6946f372d2..eacc2d2769 100644
--- a/crates/env/src/engine/on_chain/impls.rs
+++ b/crates/env/src/engine/on_chain/impls.rs
@@ -36,7 +36,10 @@ use crate::{
         Topics,
         TopicsBuilderBackend,
     },
-    types::RentParams,
+    types::{
+        RentParams,
+        RentStatus,
+    },
     Clear,
     EnvBackend,
     Environment,
@@ -363,6 +366,18 @@ impl TypedEnvBackend for EnvInstance {
         self.get_property::<RentParams<T>>(ext::rent_params)
     }
 
+    fn rent_status<T>(
+        &mut self,
+        at_refcount: Option<core::num::NonZeroU32>,
+    ) -> Result<RentStatus<T>>
+    where
+        T: Environment,
+    {
+        let output = &mut self.scoped_buffer().take_rest();
+        ext::rent_status(at_refcount, output);
+        scale::Decode::decode(&mut &output[..]).map_err(Into::into)
+    }
+
     fn invoke_contract<T, Args>(
         &mut self,
         call_params: &CallParams<T, Args, ()>,
diff --git a/crates/env/src/lib.rs b/crates/env/src/lib.rs
index f61bf4b50c..9c2f21d513 100644
--- a/crates/env/src/lib.rs
+++ b/crates/env/src/lib.rs
@@ -99,5 +99,6 @@ pub use self::{
         NoChainExtension,
         Perbill,
         RentParams,
+        RentStatus,
     },
 };
diff --git a/crates/env/src/types.rs b/crates/env/src/types.rs
index 775252a734..922f9e716b 100644
--- a/crates/env/src/types.rs
+++ b/crates/env/src/types.rs
@@ -314,3 +314,37 @@ pub struct RentParams<T: Environment> {
     /// Reserved for backwards compatible changes to this data structure.
     pub _reserved: Option<()>,
 }
+
+/// Information about the required deposit and resulting rent.
+///
+/// The easiest way to guarantee that a contract stays alive is to assert that
+/// `max_rent == 0` at the **end** of a contract's execution.
+///
+/// # Note
+///
+/// The `current_*` fields do **not** consider changes to the code's refcount made during
+/// the currently running call.
+#[derive(scale::Decode)]
+#[cfg_attr(test, derive(Debug, PartialEq))]
+pub struct RentStatus<T: Environment> {
+    /// Required deposit assuming that this contract is the only user of its code.
+    pub max_deposit: T::Balance,
+
+    /// Required deposit assuming the code's current refcount.
+    pub current_deposit: T::Balance,
+
+    /// Required deposit assuming the specified refcount (`None` if `0` is supplied).
+    pub custom_refcount_deposit: Option<T::Balance>,
+
+    /// Rent that is paid assuming that the contract is the only user of its code.
+    pub max_rent: T::Balance,
+
+    /// Rent that is paid given the code's current refcount.
+    pub current_rent: T::Balance,
+
+    /// Rent that is paid assuming the specified refcount (`None` if `0` is supplied).
+    pub custom_refcount_rent: Option<T::Balance>,
+
+    /// Reserved for backwards compatible changes to this data structure.
+    pub _reserved: Option<()>,
+}
diff --git a/crates/lang/src/env_access.rs b/crates/lang/src/env_access.rs
index c4e492fe5c..c59c6b72ce 100644
--- a/crates/lang/src/env_access.rs
+++ b/crates/lang/src/env_access.rs
@@ -25,6 +25,7 @@ use ink_env::{
     },
     Environment,
     RentParams,
+    RentStatus,
     Result,
 };
 use ink_primitives::Key;
@@ -190,6 +191,27 @@ where
         ink_env::rent_params::<T>().expect("couldn't decode contract rent params")
     }
 
+    /// Returns information about the required deposit and resulting rent.
+    ///
+    /// # Parameters
+    ///
+    /// - `at_refcount`: The refcount assumed for the returned `custom_refcount_*` fields.
+    ///   If `None` is supplied the `custom_refcount_*` fields will also be `None`.
+    ///
+    ///   The `current_*` fields of `RentStatus` do **not** consider changes to the code's
+    ///   refcount made during the currently running call.
+    ///
+    /// # Note
+    ///
+    /// For more details visit: [`ink_env::RentStatus`]
+    pub fn rent_status(
+        self,
+        at_refcount: Option<core::num::NonZeroU32>,
+    ) -> RentStatus<T> {
+        ink_env::rent_status::<T>(at_refcount)
+            .expect("couldn't decode contract rent params")
+    }
+
     /// Returns the current block number.
     ///
     /// # Note