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Grand Island, NE Security Deposit Laws 2026

Nebraska limits security deposits to 1 month(s) of rent. In Grand Island, that's $1,215 at the median 2BR rent of $1,215/month. Miss the 14-day return deadline and you could owe $2,430+.

In Nebraska, landlords must return security deposits within 14 days after move-out. The maximum deposit is 1 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $2,430 or more.

Key Takeaways — Grand Island Security Deposit Laws

  • Maximum deposit: 1 month(s) of rent = $1,215 at Grand Island's median rent
  • Return deadline: 14 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($2,430)
  • Itemized statement: Required with any deductions

Security Deposit Laws in Grand Island

Under Nebraska law, landlords in Grand Island may collect a maximum security deposit of 1 month(s) of rent, regardless of whether the unit is furnished or unfurnished. At Grand Island's median 2-bedroom rent of $1,215/month, that means the most you can legally collect is $1,215.

$1,215

max deposit (1mo × $1,215)

14 days

return deadline

$2,430

max penalty for late return

Returning the Deposit: The 14-Day Clock

Once a tenant moves out of your Grand Island rental, Nebraska law gives you exactly 14 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 Grand Island:

  • 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 Nebraska security deposit laws rules in Grand Island and you could owe $2,430+. At Grand Island's median rent of $1,215/month, even a single violation adds up fast.

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

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How Grand Island Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Grand Island landlords typically collect:

Unit Size Median Rent (Grand Island) Max Deposit (1mo) Penalty Risk
Studio $867/mo $867 $1,734
1-Bedroom $978/mo $978 $1,956
2-Bedroom $1,215/mo $1,215 $2,430
3-Bedroom $1,530/mo $1,530 $3,060

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

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Phillips, NE
Pop. 327
Alda, NE
Pop. 643
Chapman, NE
Pop. 264
Doniphan, NE
Pop. 811
Giltner, NE
Pop. 415

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How we researched this page: Security deposit laws rules are based on Nebraska state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Hall 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.