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Lafayette, TN Late Fee Limits 2026

Late fees in Lafayette are capped at 10% of rent ($97 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.

In Tennessee, late fees must be reasonable and proportional to actual damages from late payment. The cap is 10% of rent. A 5-day grace period applies.

This applies to properties in Lafayette, TN. Check all requirements for your property →

Key Takeaways — Lafayette Late Fee Limits

  • Key rule: 10% Max or Tenants Sue
  • Violation risk: face a lawsuit

Late Fee Limits in Lafayette

Lafayette landlords must follow Tennessee state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.

$972

median 2BR rent

10% Max or Tenants Sue

key requirement

Penalty Warning

Violate Tennessee late fee limits rules in Lafayette and you could face a lawsuit. At Lafayette's median rent of $972/month, even a single violation adds up fast.

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Lafayette Rental Market Context

Lafayette is the 94th-largest city in Tennessee (population 5,839). With a median 2-bedroom rent of $972/month, it falls in the moderate range for Tennessee rental costs — equal to the state median of $975/month.

How Lafayette Compares in Macon County

Lafayette ranks #1 of 2 cities in Macon County by population. Because late fee limits rules are often tied to rent amounts, costs vary across the county.

City Population Median Rent Late Fee Limit
Lafayette 5,839 $972/mo $97 max
Red Boiling Springs 1,214 $972/mo $97 max

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

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Late Fee Limits by Unit Size in Lafayette

Late fee caps scale with rent. Here's the maximum by unit type:

Unit SizeMedian RentMax Late Fee (10%)
Studio$847/mo$84
1-Bedroom$887/mo$88
2-Bedroom$972/mo$97
3-Bedroom$1,290/mo$129

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

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How we researched this page: Late fee limits rules are based on Tennessee state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Macon 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.