Terre Haute, IN Security Deposit Laws 2026
Indiana limits security deposits to 2 month(s) of rent. In Terre Haute, that's $2,188 at the median 2BR rent of $1,094/month. Miss the 45-day return deadline and you could owe $2,188+.
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 $2,188 or more.
This applies to properties in Terre Haute, IN. Check all requirements for your property →
Key Takeaways — Terre Haute Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $2,188 at Terre Haute's median rent
- Return deadline: 45 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,188)
- Itemized statement: Required with any deductions
Security Deposit Laws in Terre Haute
Under Indiana law, landlords in Terre Haute may collect a maximum security deposit of 2 month(s) of rent. At Terre Haute's median 2-bedroom rent of $1,094/month, that means the most you can legally collect is $2,188.
$2,188
max deposit (2mo × $1,094)
45 days
return deadline
$2,188
max penalty for late return
Returning the Deposit: The 45-Day Clock
Once a tenant moves out of your Terre Haute 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 Terre Haute:
- 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 Terre Haute and you could owe $2,188+. At Terre Haute's median rent of $1,094/month, even a single violation adds up fast.
Terre Haute Rental Market Context
Terre Haute is the 15th-largest city in Indiana (population 58,502). With a median 2-bedroom rent of $1,094/month, it falls in the above-average range for Indiana rental costs — 9% above the state median of $1,008/month.
How Terre Haute Compares in Vigo County
Terre Haute ranks #1 of 4 cities in Vigo 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 |
|---|---|---|---|
| Terre Haute | 58,502 | $1,094/mo | $2,188 |
| West Terre Haute | 2,151 | $1,094/mo | $2,188 |
| Seelyville | 1,009 | $1,094/mo | $2,188 |
| Riley | 237 | $1,094/mo | $2,188 |
Rents based on HUD Fair Market Rents (FY2026) for Vigo County, Indiana. All cities follow Indiana state law unless a local ordinance applies.
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How Terre Haute Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Terre Haute landlords typically collect:
| Unit Size | Median Rent (Terre Haute) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $859/mo | $1,718 | $3,436 |
| 1-Bedroom | $864/mo | $1,728 | $3,456 |
| 2-Bedroom | $1,094/mo | $2,188 | $4,376 |
| 3-Bedroom | $1,312/mo | $2,624 | $5,248 |
Rents based on HUD Fair Market Rents (FY2026) for Vigo County.
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More Terre Haute 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.
