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La Fontaine, IN Security Deposit Laws 2026

Indiana limits security deposits to 2 month(s) of rent. In La Fontaine, 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.

This applies to properties in La Fontaine, IN. Check all requirements for your property →

Key Takeaways — La Fontaine Security Deposit Laws

  • Maximum deposit: 2 month(s) of rent = $1,912 at La Fontaine'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 La Fontaine

Under Indiana law, landlords in La Fontaine may collect a maximum security deposit of 2 month(s) of rent. At La Fontaine'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 La Fontaine 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 La Fontaine:

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

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La Fontaine Rental Market Context

La Fontaine is the 344th-largest city in Indiana (population 795). With a median 2-bedroom rent of $956/month, it falls in the budget range for Indiana rental costs — 5% below the state median of $1,008/month.

How La Fontaine Compares in Wabash County

La Fontaine ranks #3 of 5 cities in Wabash 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
Wabash 10,269 $956/mo $1,912
North Manchester 5,225 $956/mo $1,912
La Fontaine 795 $956/mo $1,912
Roann 435 $956/mo $1,912
Lagro 346 $956/mo $1,912

Rents based on HUD Fair Market Rents (FY2026) for Wabash County, Indiana. All cities follow Indiana state law unless a local ordinance applies.

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How La Fontaine Rents Affect Deposit Amounts

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

Unit Size Median Rent (La Fontaine) 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 $1,146/mo $2,292 $4,584

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

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Marion, IN
Pop. 28,105
Lagro, IN
Pop. 346
Sweetser, IN
Pop. 1,064
Wabash, IN
Pop. 10,269
Van Buren, IN
Pop. 783

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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 Wabash 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.