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Kingman, IN Security Deposit Laws 2026

Indiana limits security deposits to 2 month(s) of rent. In Kingman, that's $1,912 at the median 2BR rent of $956/month. Miss the 45-day return deadline and you could owe $1,912+.

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 $1,912 or more.

Key Takeaways — Kingman Security Deposit Laws

  • Maximum deposit: 2 month(s) of rent = $1,912 at Kingman's median rent
  • Return deadline: 45 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($1,912)
  • Itemized statement: Required with any deductions

Security Deposit Laws in Kingman

Under Indiana law, landlords in Kingman may collect a maximum security deposit of 2 month(s) of rent. At Kingman's median 2-bedroom rent of $956/month, that means the most you can legally collect is $1,912.

$1,912

max deposit (2mo × $956)

45 days

return deadline

$1,912

max penalty for late return

Returning the Deposit: The 45-Day Clock

Once a tenant moves out of your Kingman 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 Kingman:

  • 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 Kingman and you could owe $1,912+. At Kingman's median rent of $956/month, even a single violation adds up fast.

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How Kingman Rents Affect Deposit Amounts

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

Unit Size Median Rent (Kingman) Max Deposit (2mo) Penalty Risk
Studio $685/mo $1,370 $2,740
1-Bedroom $729/mo $1,458 $2,916
2-Bedroom $956/mo $1,912 $3,824
3-Bedroom $1,178/mo $2,356 $4,712

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

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Wallace, IN
Pop. 79
Marshall, IN
Pop. 275
Newport, IN
Pop. 411
Cayuga, IN
Pop. 944
Veedersburg, IN
Pop. 2,085

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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 Fountain 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.