Altura, MN Late Fee Limits 2026
Late fees in Altura are capped at 8% of rent ($85 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.
In Minnesota, late fees must be reasonable and proportional to actual damages from late payment. The cap is 8% of rent. Grace periods are typically set by the lease.
This applies to properties in Altura, MN. Check all requirements for your property →
Key Takeaways — Altura Late Fee Limits
- Key rule: 8% Max or Tenants Sue
- Violation risk: face a lawsuit
Late Fee Limits in Altura
Altura landlords must follow Minnesota state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$1,066
median 2BR rent
8% Max or Tenants Sue
key requirement
Penalty Warning
Violate Minnesota late fee limits rules in Altura and you could face a lawsuit. At Altura's median rent of $1,066/month, even a single violation adds up fast.
Altura Rental Market Context
Altura is the 512th-largest city in Minnesota (population 465). With a median 2-bedroom rent of $1,066/month, it falls in the above-average range for Minnesota rental costs — 7% above the state median of $999/month.
How Altura Compares in Winona County
Altura ranks #5 of 8 cities in Winona County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Late Fee Limit |
|---|---|---|---|
| Winona | 26,029 | $1,066/mo | $85 max |
| Lewiston | 1,507 | $1,066/mo | $85 max |
| Stockton | 816 | $1,066/mo | $85 max |
| Rollingstone | 677 | $1,066/mo | $85 max |
| Altura | 465 | $1,066/mo | $85 max |
| Dakota | 290 | $1,066/mo | $85 max |
| Utica | 258 | $1,066/mo | $85 max |
| Minnesota City | 184 | $1,066/mo | $85 max |
Rents based on HUD Fair Market Rents (FY2026) for Winona County, Minnesota. All cities follow Minnesota state law unless a local ordinance applies.
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Late Fee Limits by Unit Size in Altura
Late fee caps scale with rent. Here's the maximum by unit type:
| Unit Size | Median Rent | Max Late Fee (8%) |
|---|---|---|
| Studio | $791/mo | $63 |
| 1-Bedroom | $868/mo | $69 |
| 2-Bedroom | $1,066/mo | $85 |
| 3-Bedroom | $1,336/mo | $106 |
Rents based on HUD Fair Market Rents (FY2026) for Winona County.
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More Altura Landlord Laws
Late Fee Limits in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Late Fee Limits checklist for Minnesota landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
