Medicine Lake, MN Security Deposit Laws 2026
Minnesota limits security deposits to 2 month(s) of rent. In Medicine Lake, that's $2,248 at the median 2BR rent of $1,124/month. Miss the 21-day return deadline and you could owe $2,248+.
In Minnesota, landlords must return security deposits within 21 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 $2,248 or more.
This applies to properties in Medicine Lake, MN. Check all requirements for your property →
Key Takeaways — Medicine Lake Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $2,248 at Medicine Lake's median rent
- Return deadline: 21 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,248)
- Itemized statement: Required with any deductions
Security Deposit Laws in Medicine Lake
Under Minnesota law, landlords in Medicine Lake may collect a maximum security deposit of 2 month(s) of rent. At Medicine Lake's median 2-bedroom rent of $1,124/month, that means the most you can legally collect is $2,248.
$2,248
max deposit (2mo × $1,124)
21 days
return deadline
$2,248
max penalty for late return
Returning the Deposit: The 21-Day Clock
Once a tenant moves out of your Medicine Lake rental, Minnesota law gives you exactly 21 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 Medicine Lake:
- 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 Minnesota security deposit laws rules in Medicine Lake and you could owe $2,248+. At Medicine Lake's median rent of $1,124/month, even a single violation adds up fast.
Medicine Lake Rental Market Context
Medicine Lake is the 581st-largest city in Minnesota (population 317). With a median 2-bedroom rent of $1,124/month, it falls in the above-average range for Minnesota rental costs — 13% above the state median of $999/month.
How Medicine Lake Compares in County
Medicine Lake ranks #103 of 170 cities in 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 |
|---|---|---|---|
| St. Paul | 303,820 | $973/mo | $1,946 |
| Bloomington | 87,398 | $973/mo | $1,946 |
| Brooklyn Park | 82,017 | $973/mo | $1,946 |
| Woodbury | 79,538 | $973/mo | $1,946 |
| Plymouth | 77,648 | $973/mo | $1,946 |
| Blaine | 73,774 | $973/mo | $1,946 |
| Maple Grove | 71,288 | $973/mo | $1,946 |
| St. Cloud | 71,013 | $973/mo | $1,946 |
| Eagan | 67,396 | $973/mo | $1,946 |
| Coon Rapids | 63,377 | $973/mo | $1,946 |
| Apple Valley | 55,336 | $973/mo | $1,946 |
| Edina | 53,348 | $973/mo | $1,946 |
| St. Louis Park | 49,697 | $973/mo | $1,946 |
| Maplewood | 39,958 | $973/mo | $1,946 |
| Richfield | 36,445 | $973/mo | $1,946 |
Rents based on HUD Fair Market Rents (FY2026) for County, Minnesota. All cities follow Minnesota state law unless a local ordinance applies.
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How Medicine Lake Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Medicine Lake landlords typically collect:
| Unit Size | Median Rent (Medicine Lake) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $808/mo | $1,616 | $3,232 |
| 1-Bedroom | $898/mo | $1,796 | $3,592 |
| 2-Bedroom | $1,124/mo | $2,248 | $4,496 |
| 3-Bedroom | $1,482/mo | $2,964 | $5,928 |
Rents based on HUD Fair Market Rents (FY2026) for State Average.
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More Medicine Lake Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Download Free ChecklistReviewed 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.
