Minnesota Security Deposit Laws
Minnesota requires landlords to pay 1% annual simple interest on security deposits and return them within 21 days with itemized deductions.
Key Rules
- Limit
- No statutory cap
- Return Deadline
- 21 days after tenancy ends and tenant provides forwarding address
- Interest Required
- Yes — 1% simple interest per year
- Itemization Required
- Yes — written itemized statement required
- Penalty For Wrongful Withholding
- Landlord liable for double the wrongfully withheld amount plus interest and attorney fees
Some citations below have not been confirmed against their official source. Confirm current requirements with local legal aid or an attorney.
Applicable Statutes
Security deposit return: no statutory cap on deposits. Landlord must return deposit within 21 days after tenancy ends and tenant provides forwarding address, with itemized deductions.
Not confirmed against its source · checked
Interest on security deposits: landlord must pay interest on deposits at a rate of one percent simple per year.
Not confirmed against its source · checked
Legal Aid Resources
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Not Legal Advice. This site provides general educational information only — not legal counsel. Laws vary by location. Consult a qualified attorney for advice on your specific situation.