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Beech Grove, IN Security Deposit Laws 2026

Indiana limits security deposits to 2 month(s) of rent. In Beech Grove, that's $2,946 at the median 2BR rent of $1,473/month. Miss the 45-day return deadline and you could owe $2,946+.

In Indiana, landlords must return security deposits within 45 days after move-out. The maximum deposit is 2 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $2,946 or more.

Key Takeaways — Beech Grove Security Deposit Laws

  • Maximum deposit: 2 month(s) of rent = $2,946 at Beech Grove's median rent
  • Return deadline: 45 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($2,946)
  • Itemized statement: Required with any deductions

Security Deposit Laws in Beech Grove

Under Indiana law, landlords in Beech Grove may collect a maximum security deposit of 2 month(s) of rent. At Beech Grove's median 2-bedroom rent of $1,473/month, that means the most you can legally collect is $2,946.

$2,946

max deposit (2mo × $1,473)

45 days

return deadline

$2,946

max penalty for late return

Returning the Deposit: The 45-Day Clock

Once a tenant moves out of your Beech Grove rental, Indiana law gives you exactly 45 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.

What you can deduct from a security deposit in Beech Grove:

  • Unpaid rent
  • Damage beyond normal wear and tear
  • Cleaning costs to restore the unit to move-in condition
  • Costs for restoring or replacing personal property (if lease allows)

What you cannot deduct:

  • Normal wear and tear (minor scuffs, carpet wear, faded paint)
  • Pre-existing damage (document with photos at move-in)
  • Professional cleaning if the tenant left the unit in reasonable condition

Penalty Warning

Violate Indiana security deposit laws rules in Beech Grove and you could owe $2,946+. At Beech Grove's median rent of $1,473/month, even a single violation adds up fast.

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How Beech Grove Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Beech Grove landlords typically collect:

Unit Size Median Rent (Beech Grove) Max Deposit (2mo) Penalty Risk
Studio $1,118/mo $2,236 $4,472
1-Bedroom $1,267/mo $2,534 $5,068
2-Bedroom $1,473/mo $2,946 $5,892
3-Bedroom $1,907/mo $3,814 $7,628

Rents based on HUD Fair Market Rents (FY2026) for Marion County.

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Indianapolis, IN
Pop. 887,642
Greenwood, IN
Pop. 66,296
New Palestine, IN
Pop. 3,541
Speedway, IN
Pop. 14,157
Whiteland, IN
Pop. 5,415

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How we researched this page: Security deposit laws rules are based on Indiana state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Marion County. Last updated: August 2026.
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Reviewed 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.