General information only, not legal advice. Laws change. Verify requirements with a licensed attorney or the statute before acting. Last reviewed: June 2026.
Security Deposit · MN
Minnesota security deposit law
Key rules for landlords and tenants in Minnesota, cited to Minn. Stat. § 504B.178.
At a glance
- Max deposit
- No statutory limit
- Return deadline
- 21 days after move-out
- Interest required
- Yes (Interest at 1% per year from date of receipt (no minimum holding period))
- Statute
- Minn. Stat. § 504B.178
- Last reviewed
- June 2026
Frequently asked questions
What is the maximum security deposit in Minnesota?
No statutory limit. (Minn. Stat. § 504B.178, last reviewed June 2026.)
How long does a landlord have to return a security deposit in Minnesota?
21 days after move-out. The landlord must provide an itemized statement of any deductions. Failure to return on time may entitle the tenant to penalties under Minn. Stat. § 504B.178.
Is interest required on security deposits in Minnesota?
Yes. Interest at 1% per year from date of receipt (no minimum holding period)
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