Minnesota Security deposit limit

Related Minnesota rules

Deposit return deadline

Within three weeks after the tenancy ends (and after receiving the tenant's mailing address or delivery instructions): return the deposit with interest, or a written statement of reasons for withholding.

Verified Source: Minn. Stat. § 504B.178 · last checked 2026-10-15 · Full Minnesota deposit return deadline page

Interest on deposits

Deposits earn simple, non-compounded interest of 1% a year, from the first day of the month after the deposit is fully paid until the deposit is returned. Interest under $1 is excluded.

Verified Source: Minn. Stat. § 504B.178, subd. 2 · last checked 2026-10-15 · Full Minnesota interest on deposits page

Move-in/move-out checklist

Landlords must offer inspections. At the start of the tenancy or within 14 days of move-in, the landlord must tell the tenant they may request an initial inspection. Before the tenancy ends, the landlord must tell the tenant in writing they may request a move-out inspection and be present; it is held no earlier than 5 days before move-out. If the tenant agrees, the landlord may instead give written acknowledgment of photos or videos of the unit and agree on its condition at the start or end of the tenancy.

Verified Source: Minn. Stat. § 504B.182 · last checked 2026-10-22 · Full Minnesota move-in/move-out checklist page