Iowa Security deposit limit
How much can a landlord charge for a security deposit in Iowa?
Under Iowa Code § 562A.12(1), a landlord shall not demand or receive as a security deposit an amount or value in excess of two months' rent. Other subsections of § 562A.12 address how rental deposits must be held, return timing and itemization, transfer of the landlord's interest, and damages for bad-faith retention; those rules are not fully restated here. Example: if monthly rent is $1,200, the landlord may not demand a security deposit of more than $2,400.
Verified Source: Iowa Code § 562A.12(1) · last checked 2026-11-12
Same topic in neighboring states
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