Magnolia · Illinois
Magnolia, IL Landlord Laws 2026
Every housing law that applies to Magnolia landlords — security deposits, eviction rules, rent increases, and more. Updated for 2026.
Based on Illinois state law.
Magnolia Rental Market in 2026
$937
median 2BR rent
247
population
$1,874
max security deposit
Magnolia landlords must comply with Illinois state landlord-tenant laws. At a median 2-bedroom rent of $937/month, understanding deposit caps, notice periods, and eviction rules can save you thousands in penalties.
Local Housing Market Data
The HUD Fair Market Rent for a 2-bedroom in Magnolia is $937/month, which affects Section 8 voucher amounts and affordable housing calculations.
Key Takeaways for Magnolia Landlords
- Security deposit: Capped at 2 month(s) of rent ($1,874 at median rent). Must return within 30 days or face penalties up to $1,874.
Illinois Laws That Apply in Magnolia
Illinois Landlord and Tenant Act
765 ILCS 705 et seq.
Statewide law governing landlord-tenant relationships, including security deposits with interest requirements.
Illinois Security Deposit Return Act
765 ILCS 710
Requires itemized statements for deductions and return within 30 days.
Chicago Residential Landlord and Tenant Ordinance (RLTO)
Chicago Mun. Code §5-12
Extensive local ordinance with additional tenant protections for Chicago properties, including deposit limits, late fee caps, and mandatory disclosures.
Magnolia Landlord Law Topics
Click any topic below for detailed Magnolia-specific rules, deadlines, penalties, and free compliance tools.
Security Deposit Laws
Magnolia-specific rules and penalties →
Eviction Process & Notice Requirements
Magnolia-specific rules and penalties →
Rent Increase Laws
Magnolia-specific rules and penalties →
Landlord Entry & Access Rules
Magnolia-specific rules and penalties →
Maintenance & Habitability Standards
Magnolia-specific rules and penalties →
Late Fee Limits
Magnolia-specific rules and penalties →
Lease Termination & Renewal
Magnolia-specific rules and penalties →
Fair Housing Protections
Magnolia-specific rules and penalties →
Tenant Screening Rules
Magnolia-specific rules and penalties →
Required Landlord Disclosures
Magnolia-specific rules and penalties →
Rent Control
Magnolia-specific rules and penalties →
Property Registration Requirements
Magnolia-specific rules and penalties →
Get your free Magnolia compliance snapshot — no account required.
Check Your Property's ComplianceMagnolia Landlord Calculators
Free tools — no account required.
Don’t Risk Penalties
At Magnolia’s median rent of $937/month, a single deposit violation could cost you $1,874+. A wrongful eviction can cost thousands more in court fees, relocation payments, and damages. Know the rules before they cost you.
Don’t risk it. Let LeaseBase track Magnolia compliance for you.
Deposit deadlines, eviction notice periods, rent cap calculations — monitored automatically.
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Nearby Cities — Landlord Laws
Own properties in multiple cities? Laws may differ. Check the rules for nearby areas:
Pop. 374
Same state laws apply — check for local ordinances
Henry, ILPop. 2,312
Same state laws apply — check for local ordinances
Lostant, ILPop. 432
Same state laws apply — check for local ordinances
Toluca, ILPop. 1,334
Same state laws apply — check for local ordinances
La Rose, ILPop. 99
Same state laws apply — check for local ordinances
Manage Your Magnolia Rentals with LeaseBase
Everything you need to self-manage rental properties — compliance tracking, rent collection, and more.
Check your Magnolia property’s compliance
Track Illinois landlord-tenant law compliance, collect rent online, and manage maintenance — all in one platform.
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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.
