East Peru, IA Security Deposit Laws 2026
Iowa limits security deposits to 2 month(s) of rent. In East Peru, that's $1,976 at the median 2BR rent of $988/month. Miss the 30-day return deadline and you could owe $1,976+.
In Iowa, landlords must return security deposits within 30 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 $1,976 or more.
This applies to properties in East Peru, IA. Check all requirements for your property →
Key Takeaways — East Peru Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $1,976 at East Peru's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($1,976)
- Itemized statement: Required with any deductions
Security Deposit Laws in East Peru
Under Iowa law, landlords in East Peru may collect a maximum security deposit of 2 month(s) of rent. At East Peru's median 2-bedroom rent of $988/month, that means the most you can legally collect is $1,976.
$1,976
max deposit (2mo × $988)
30 days
return deadline
$1,976
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your East Peru rental, Iowa law gives you exactly 30 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 East Peru:
- 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 Iowa security deposit laws rules in East Peru and you could owe $1,976+. At East Peru's median rent of $988/month, even a single violation adds up fast.
East Peru Rental Market Context
East Peru is the 789th-largest city in Iowa (population 118). With a median 2-bedroom rent of $988/month, it falls in the above-average range for Iowa rental costs — 8% above the state median of $919/month.
How East Peru Compares in County
East Peru ranks #32 of 81 cities in County by population. Because security deposit laws rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Max Deposit |
|---|---|---|---|
| Pleasant Hill | 11,617 | $926/mo | $1,852 |
| Asbury | 6,007 | $926/mo | $1,852 |
| DeWitt | 5,587 | $926/mo | $1,852 |
| Windsor Heights | 5,067 | $926/mo | $1,852 |
| University Heights | 1,187 | $926/mo | $1,852 |
| Melcher-Dallas | 1,184 | $926/mo | $1,852 |
| Jewell Junction | 1,183 | $926/mo | $1,852 |
| St. Ansgar | 1,160 | $926/mo | $1,852 |
| Elk Run Heights | 1,055 | $926/mo | $1,852 |
| McGregor | 725 | $926/mo | $1,852 |
| Shueyville | 723 | $926/mo | $1,852 |
| Lakeside | 686 | $926/mo | $1,852 |
| St. Charles | 643 | $926/mo | $1,852 |
| Orleans | 508 | $926/mo | $1,852 |
| Riverdale | 377 | $926/mo | $1,852 |
Rents based on HUD Fair Market Rents (FY2026) for County, Iowa. All cities follow Iowa state law unless a local ordinance applies.
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How East Peru Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what East Peru landlords typically collect:
| Unit Size | Median Rent (East Peru) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $738/mo | $1,476 | $2,952 |
| 1-Bedroom | $787/mo | $1,574 | $3,148 |
| 2-Bedroom | $988/mo | $1,976 | $3,952 |
| 3-Bedroom | $1,282/mo | $2,564 | $5,128 |
Rents based on HUD Fair Market Rents (FY2026) for State Average.
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More East Peru Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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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.