Deposit Laws

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Minnesota security deposit law

Short answer: A Minnesota landlord has three weeks after the tenancy ends (once the tenant gives a mailing address) to return the deposit with 1% interest, or send a written statement of the specific reasons for keeping any of it. State law sets no limit on the deposit amount.

Deadline to return the depositThree weeks (21 days) after the tenancy ends and the landlord has the tenant's mailing address. Five days if the tenant had to leave because the building was condemned through no fault of the tenant.
Limit on how much a landlord can chargeNo limit in state law.
Itemized list of deductionsYes. The landlord must give a written statement showing the specific reason for withholding any part of the deposit.
Interest on the depositYes: 1% simple interest a year (amounts under $1 are excluded).
Penalty if the landlord breaks the rulesA landlord who misses the deadline (or skips the required inspections) owes the amount withheld plus interest, plus the same amount again as a penalty. Bad-faith retention adds up to $500 in punitive damages per deposit, and bad faith is presumed if the landlord doesn't return the deposit within two weeks after a lawsuit is filed.
What the tenant has to doGive the landlord your mailing address or delivery instructions; the deadline doesn't start until you do. Don't hold back your last month's rent and tell the landlord to keep the deposit.
The lawMinnesota Statutes Section 504B.178

Official law: Minnesota Statutes Section 504B.178. Checked against the statute on 2026-11-04.

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Common questions

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

Three weeks (21 days) after the tenancy ends and the landlord has the tenant's mailing address. Five days if the tenant had to leave because the building was condemned through no fault of the tenant.

Is there a limit on security deposits in Minnesota?

No limit in state law.

Does a landlord in Minnesota have to itemize deductions?

Yes. The landlord must give a written statement showing the specific reason for withholding any part of the deposit.