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Stinesville, IN Security Deposit Laws 2026

Indiana limits security deposits to 2 month(s) of rent. In Stinesville, that's $2,420 at the median 2BR rent of $1,210/month. Miss the 45-day return deadline and you could owe $2,420+.

In Indiana, landlords must return security deposits within 45 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 $2,420 or more.

Key Takeaways — Stinesville Security Deposit Laws

  • Maximum deposit: 2 month(s) of rent = $2,420 at Stinesville's median rent
  • Return deadline: 45 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($2,420)
  • Itemized statement: Required with any deductions

Security Deposit Laws in Stinesville

Under Indiana law, landlords in Stinesville may collect a maximum security deposit of 2 month(s) of rent. At Stinesville's median 2-bedroom rent of $1,210/month, that means the most you can legally collect is $2,420.

$2,420

max deposit (2mo × $1,210)

45 days

return deadline

$2,420

max penalty for late return

Returning the Deposit: The 45-Day Clock

Once a tenant moves out of your Stinesville rental, Indiana law gives you exactly 45 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 Stinesville:

  • 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 Indiana security deposit laws rules in Stinesville and you could owe $2,420+. At Stinesville's median rent of $1,210/month, even a single violation adds up fast.

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How Stinesville Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Stinesville landlords typically collect:

Unit Size Median Rent (Stinesville) Max Deposit (2mo) Penalty Risk
Studio $966/mo $1,932 $3,864
1-Bedroom $1,072/mo $2,144 $4,288
2-Bedroom $1,210/mo $2,420 $4,840
3-Bedroom $1,572/mo $3,144 $6,288

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

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

Gosport, IN
Pop. 847
Ellettsville, IN
Pop. 6,694
Spencer, IN
Pop. 2,464
Paragon, IN
Pop. 565
Bloomington, IN
Pop. 78,840

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How we researched this page: Security deposit laws rules are based on Indiana state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for Monroe 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.