Skip to main content

Federal Dam, MN Security Deposit Laws 2026

Minnesota limits security deposits to 2 month's rent. In Federal Dam, that's $1,946 at the median 2BR rent of $973/month. Miss the 21-day return deadline and you could owe $1,946+.

In Minnesota, landlords must return security deposits within 21 days after move-out. The maximum deposit is 2 month's rent. Failure to return on time or provide an itemized statement can result in penalties of $1,946 or more.

Key Takeaways — Federal Dam Security Deposit Laws

  • Maximum deposit: 2 month's rent = $1,946 at Federal Dam's median rent
  • Return deadline: 21 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($1,946)
  • Itemized statement: Required with any deductions

Wondering whether these compliance requirements are worth handling yourself? See what property managers charge vs. self-managing.

Don’t risk it. Let LeaseBase handle the compliance.

LeaseBase automatically tracks deposit amounts, calculates return deadlines, and generates compliant itemized statements — so you never miss a deadline.

Track Deposit Deadlines Free

Free to explore · No credit card required · Trusted by 1,200+ landlords · See pricing

Security Deposit Laws in Federal Dam

Under Minnesota law, landlords in Federal Dam may collect a maximum security deposit of 2 month's rent. At Federal Dam's median 2-bedroom rent of $973/month, that means the most you can legally collect is $1,946.

$1,946

max deposit (2mo × $973)

21 days

return deadline

$1,946

max penalty for late return

Returning the Deposit: The 21-Day Clock

Once a tenant moves out of your Federal Dam rental, Minnesota law gives you exactly 21 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.

LeaseBase tracks this 21-day deadline automatically for each of your Federal Dam properties.

Start free →

What you can deduct from a security deposit in Federal Dam:

  • 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 Minnesota security deposit laws rules in Federal Dam and you could owe $1,946+. At Federal Dam's median rent of $973/month, even a single violation adds up fast.

Software that tracks Minnesota security deposit laws deadlines →

LeaseBase calculates deposit limits and tracks return deadlines for each property — so you never trigger penalties.

Start free →

How Federal Dam Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Federal Dam landlords typically collect:

Unit Size Median Rent (Federal Dam) Max Deposit (2mo) Penalty Risk
Studio $729/mo $1,458 $2,916
1-Bedroom $768/mo $1,536 $3,072
2-Bedroom $973/mo $1,946 $3,892
3-Bedroom $1,300/mo $2,600 $5,200

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

Calculate Your Limits

Enter your Federal Dam rent amount to see exact limits and penalty exposure.

Free Calculator →

No signup required. · PM cost calculator

Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Bena, MN
Pop. 151
Longville, MN
Pop. 158
Walker, MN
Pop. 981
Remer, MN
Pop. 398
Hackensack, MN
Pop. 300

Need software to track these rules? See the best property management software for Federal Dam →

Best software for Minnesota landlords · Free Minnesota lease agreement

Never miss a security deposit laws deadline in Federal Dam

LeaseBase tracks deposit amounts, calculates return deadlines, and generates compliant itemized statements automatically.

Track Deposit Deadlines Free Schedule a Demo

Free to explore · No credit card required

✓ Free to explore ✓ No credit card required ✓ Cancel anytime

Not ready to start? Get the free Security Deposit Laws checklist for Minnesota landlords.

Download Free Checklist
How we researched this page: Security deposit laws rules are based on Minnesota state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Cass County. Last updated: August 2026.
RA

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.

Español