Clarkfield, MN Late Fee Limits 2026
Late fees in Clarkfield are capped at 8% of rent ($77 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 Clarkfield, MN. Check all requirements for your property →
Key Takeaways — Clarkfield Late Fee Limits
- Key rule: 8% Max or Tenants Sue
- Violation risk: face a lawsuit
Late Fee Limits in Clarkfield
Clarkfield landlords must follow Minnesota state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$973
median 2BR rent
8% Max or Tenants Sue
key requirement
Penalty Warning
Violate Minnesota late fee limits rules in Clarkfield and you could face a lawsuit. At Clarkfield's median rent of $973/month, even a single violation adds up fast.
Clarkfield Rental Market Context
Clarkfield is the 386th-largest city in Minnesota (population 827). With a median 2-bedroom rent of $973/month, it falls in the budget range for Minnesota rental costs — 3% below the state median of $999/month.
How Clarkfield Compares in Yellow Medicine County
Clarkfield ranks #3 of 7 cities in Yellow Medicine 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 |
|---|---|---|---|
| Granite Falls | 2,685 | $973/mo | $77 max |
| Canby | 1,683 | $973/mo | $77 max |
| Clarkfield | 827 | $973/mo | $77 max |
| Wood Lake | 375 | $973/mo | $77 max |
| Hanley Falls | 242 | $973/mo | $77 max |
| Echo | 238 | $973/mo | $77 max |
| Porter | 163 | $973/mo | $77 max |
Rents based on HUD Fair Market Rents (FY2026) for Yellow Medicine County, Minnesota. All cities follow Minnesota state law unless a local ordinance applies.
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Late Fee Limits by Unit Size in Clarkfield
Late fee caps scale with rent. Here's the maximum by unit type:
| Unit Size | Median Rent | Max Late Fee (8%) |
|---|---|---|
| Studio | $671/mo | $53 |
| 1-Bedroom | $753/mo | $60 |
| 2-Bedroom | $973/mo | $77 |
| 3-Bedroom | $1,169/mo | $93 |
Rents based on HUD Fair Market Rents (FY2026) for Yellow Medicine County.
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More Clarkfield 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.
