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Nashwauk, MN Late Fee Limits 2026

Late fees in Nashwauk are capped at 8% of rent ($85 at median rent). Charge more and tenants sue to recover — courts void excessive fees regardless of what the lease says.

In Minnesota, late fees must be reasonable and proportional to actual damages from late payment. The cap is 8% of rent. Grace periods are typically set by the lease.

This applies to properties in Nashwauk, MN. Check all requirements for your property →

Key Takeaways — Nashwauk Late Fee Limits

  • Key rule: 8% Max or Tenants Sue
  • Violation risk: face a lawsuit

Late Fee Limits in Nashwauk

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

$1,074

median 2BR rent

8% Max or Tenants Sue

key requirement

Penalty Warning

Violate Minnesota late fee limits rules in Nashwauk and you could face a lawsuit. At Nashwauk's median rent of $1,074/month, even a single violation adds up fast.

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Nashwauk Rental Market Context

Nashwauk is the 365th-largest city in Minnesota (population 959). With a median 2-bedroom rent of $1,074/month, it falls in the above-average range for Minnesota rental costs — 8% above the state median of $999/month.

How Nashwauk Compares in Itasca County

Nashwauk ranks #5 of 14 cities in Itasca 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
Grand Rapids 11,271 $1,074/mo $85 max
Cohasset 2,714 $1,074/mo $85 max
Coleraine 1,989 $1,074/mo $85 max
Keewatin 971 $1,074/mo $85 max
Nashwauk 959 $1,074/mo $85 max
Deer River 906 $1,074/mo $85 max
Bovey 813 $1,074/mo $85 max
Taconite 644 $1,074/mo $85 max
Marble 609 $1,074/mo $85 max
Bigfork 407 $1,074/mo $85 max
Calumet 325 $1,074/mo $85 max
Warba 184 $1,074/mo $85 max
Effie 107 $1,074/mo $85 max
Squaw Lake 100 $1,074/mo $85 max

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

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Late Fee Limits by Unit Size in Nashwauk

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

Unit SizeMedian RentMax Late Fee (8%)
Studio$754/mo$60
1-Bedroom$860/mo$68
2-Bedroom$1,074/mo$85
3-Bedroom$1,401/mo$112

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

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Late Fee Limits in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Keewatin, MN
Pop. 971
Calumet, MN
Pop. 325
Marble, MN
Pop. 609
Taconite, MN
Pop. 644
Bovey, MN
Pop. 813

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