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Security Deposit Laws in Minnesota

Minnesota does not cap security deposits, requires 1% simple interest and return within 3 weeks after the tenancy ends, and requires at least 24 hours' notice before landlord entry.

Last checked . General information, not legal advice.

Minnesota at a glance

Security deposit limit
No statewide limit
State law sets no maximum deposit
Deposit return deadline
21 days
3 weeks (21 days) after termination of tenancy
Interest on deposits
Required
Notice before landlord entry
24 hours
Good-faith effort at notice of at least 24 hours; entry only 8 a.m. to 8 p.m.

The rules in Minnesota

How much can a landlord charge for a security deposit in Minnesota?

Minnesota law sets no statewide limit on security deposits, so the amount is set by the lease. Check for local rules where you rent.

How long does a landlord have to return a security deposit in Minnesota?

Minnesota rule: 3 weeks (21 days) after termination of tenancy.

Does a landlord have to pay interest on a security deposit in Minnesota?

Yes. Minnesota law requires landlords to pay interest on security deposits.

How much notice must a landlord give before entering a rental in Minnesota?

Minnesota rule: Good-faith effort at notice of at least 24 hours; entry only 8 a.m. to 8 p.m.

Where do the Minnesota rules for residential leases come from?

They come from Minn. Stat. 504B.178 Security deposits and Minn. Stat. 504B.211 Residential tenant's right to privacy. We last checked them in October 2026. Laws change, so check the current statute before you rely on it.

How Minnesota compares

Minnesota is one of 21 jurisdictions with no statewide cap. Its 21-day return deadline is shorter than the most common deadline of 30 days; 9 jurisdictions require a faster return.

What this means in practice

Landlords: state the deposit amount, where it is held and how it will be returned in the lease, and send the refund with any deductions in writing within the deadline.

Tenants: record the unit's condition with photos and a move-in checklist, keep your receipts, and give the landlord a forwarding address in writing when you move out.

Both sides: normal wear and tear is generally not deductible. Disputes over deductions usually go to small claims court.

General information, not legal advice. Laws change, and cities can add their own rules, so check the current statute before you rely on it.