Skip to main content

Kingman, IN Security Deposit Laws 2026

Indiana limits security deposits to 2 month's 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 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 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

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 Kingman

Under Indiana law, landlords in Kingman may collect a maximum security deposit of 2 month's 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.

LeaseBase tracks this 45-day deadline automatically for each of your Kingman properties.

Start free →

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.

Software that tracks Indiana security deposit laws deadlines →

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

Start free →

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.

Calculate Your Limits

Enter your Kingman 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:

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

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

Best software for Indiana landlords · Free Indiana lease agreement

Never miss a security deposit laws deadline in Kingman

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 Indiana landlords.

Download Free Checklist
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.
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