- Home
- Security deposit laws
- Minnesota
Minnesota security deposit law
The state rules a landlord in Minnesota has to follow for a residential security deposit, from Minn. Stat. 504B.178.
- Maximum deposit
- No statutory limit.
- Deadline to return it
- Within 3 weeks after the tenancy ends (5 days after condemnation).
- Itemized deductions
- Return the deposit or give a written statement of the specific reason for withholding.
- Interest on the deposit
- Yes: simple interest at 1% a year.
- Penalty for wrongful withholding
- Landlord owes a penalty equal to the amount withheld plus interest, and up to $500 more for bad faith.
Before you keep any part of a deposit
- Compare the unit with the move-in inspection and photos. Normal wear and tear is generally not chargeable.
- Keep receipts or written estimates for every deduction.
- Send the return or the itemized list within the deadline above, to the tenant's forwarding address, and keep proof of mailing.
Working out the last month's rent? The prorated rent calculator does the partial-month math.
Source
Verification status: verified summary. Research date: November 5, 2026. Statute: Minn. Stat. 504B.178. Source: www.revisor.mn.gov.
General information, not legal advice. Cities and counties can add stricter rules, and laws change. Check the current statute or a local attorney before you act.
Other states: Massachusetts · Missouri · all states
Last updated November 5, 2026.