Larsen Bay, AK Security Deposit Laws 2026
Alaska limits security deposits to 2 month(s) of rent. In Larsen Bay, that's $4,150 at the median 2BR rent of $2,075/month. Miss the 14-day return deadline and you could owe $4,150+.
In Alaska, landlords must return security deposits within 14 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 $4,150 or more.
This applies to properties in Larsen Bay, AK. Check all requirements for your property →
Key Takeaways — Larsen Bay Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $4,150 at Larsen Bay's median rent
- Return deadline: 14 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($4,150)
- Itemized statement: Required with any deductions
Security Deposit Laws in Larsen Bay
Under Alaska law, landlords in Larsen Bay may collect a maximum security deposit of 2 month(s) of rent. At Larsen Bay's median 2-bedroom rent of $2,075/month, that means the most you can legally collect is $4,150.
$4,150
max deposit (2mo × $2,075)
14 days
return deadline
$4,150
max penalty for late return
Returning the Deposit: The 14-Day Clock
Once a tenant moves out of your Larsen Bay rental, Alaska 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 Larsen Bay:
- 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 Alaska security deposit laws rules in Larsen Bay and you could owe $4,150+. At Larsen Bay's median rent of $2,075/month, even a single violation adds up fast.
Larsen Bay Rental Market Context
Larsen Bay is the 145th-largest city in Alaska (population 33). With a median 2-bedroom rent of $2,075/month, it falls in the premium range for Alaska rental costs — 46% above the state median of $1,424/month.
How Larsen Bay Compares in Kodiak Island County
Larsen Bay ranks #5 of 5 cities in Kodiak Island 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 |
|---|---|---|---|
| Kodiak | 5,354 | $2,075/mo | $4,150 |
| Old Harbor | 207 | $2,075/mo | $4,150 |
| Port Lions | 165 | $2,075/mo | $4,150 |
| Ouzinkie | 102 | $2,075/mo | $4,150 |
| Larsen Bay | 33 | $2,075/mo | $4,150 |
Rents based on HUD Fair Market Rents (FY2026) for Kodiak Island County, Alaska. All cities follow Alaska state law unless a local ordinance applies.
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How Larsen Bay Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Larsen Bay landlords typically collect:
| Unit Size | Median Rent (Larsen Bay) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $1,431/mo | $2,862 | $5,724 |
| 1-Bedroom | $1,581/mo | $3,162 | $6,324 |
| 2-Bedroom | $2,075/mo | $4,150 | $8,300 |
| 3-Bedroom | $2,488/mo | $4,976 | $9,952 |
Rents based on HUD Fair Market Rents (FY2026) for Kodiak Island Borough.
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More Larsen Bay Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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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.