St. Marys Point, MN Late Fee Limits 2026
Late fees in St. Marys Point are capped at 8% of rent ($89 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 St. Marys Point, MN. Check all requirements for your property →
Key Takeaways — St. Marys Point Late Fee Limits
- Key rule: 8% Max or Tenants Sue
- Violation risk: face a lawsuit
Late Fee Limits in St. Marys Point
St. Marys Point landlords must follow Minnesota state law on late fee limits. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$1,124
median 2BR rent
8% Max or Tenants Sue
key requirement
Penalty Warning
Violate Minnesota late fee limits rules in St. Marys Point and you could face a lawsuit. At St. Marys Point's median rent of $1,124/month, even a single violation adds up fast.
St. Marys Point Rental Market Context
St. Marys Point is the 563rd-largest city in Minnesota (population 344). 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 St. Marys Point Compares in County
St. Marys Point ranks #99 of 170 cities in 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 |
|---|---|---|---|
| St. Paul | 303,820 | $973/mo | $77 max |
| Bloomington | 87,398 | $973/mo | $77 max |
| Brooklyn Park | 82,017 | $973/mo | $77 max |
| Woodbury | 79,538 | $973/mo | $77 max |
| Plymouth | 77,648 | $973/mo | $77 max |
| Blaine | 73,774 | $973/mo | $77 max |
| Maple Grove | 71,288 | $973/mo | $77 max |
| St. Cloud | 71,013 | $973/mo | $77 max |
| Eagan | 67,396 | $973/mo | $77 max |
| Coon Rapids | 63,377 | $973/mo | $77 max |
| Apple Valley | 55,336 | $973/mo | $77 max |
| Edina | 53,348 | $973/mo | $77 max |
| St. Louis Park | 49,697 | $973/mo | $77 max |
| Maplewood | 39,958 | $973/mo | $77 max |
| Richfield | 36,445 | $973/mo | $77 max |
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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Late Fee Limits by Unit Size in St. Marys Point
Late fee caps scale with rent. Here's the maximum by unit type:
| Unit Size | Median Rent | Max Late Fee (8%) |
|---|---|---|
| Studio | $808/mo | $64 |
| 1-Bedroom | $898/mo | $71 |
| 2-Bedroom | $1,124/mo | $89 |
| 3-Bedroom | $1,482/mo | $118 |
Rents based on HUD Fair Market Rents (FY2026) for State Average.
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More St. Marys Point Landlord Laws
Late Fee Limits in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Late Fee Limits checklist for Minnesota landlords.
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.
