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Canby Security Deposit Calculator (2026) — Free

One missed deadline. One wrong deduction. That's all it takes to owe 2x penalties in Canby. Calculate your exact limits before it costs you.

Calculate Your Security Deposit Limits

Results for Canby, MN

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deadline / notice

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penalty if violated

Canby Security Deposit by Unit Size

Here are the amounts at Canby's current Fair Market Rents:

Unit Size Median Rent Max Deposit Penalty Risk
Studio $671/mo No limit $1,342
1-Bedroom $753/mo No limit $1,506
2-Bedroom $973/mo No limit $1,946
3-Bedroom $1,169/mo No limit $2,338
4-Bedroom $1,312/mo No limit $2,624

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

Penalty Warning

If you fail to return the deposit within 21 days, a Canby tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Tenant may recover up to 2x the deposit plus attorney fees for bad faith withholding

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For the full breakdown of rules, deadlines, and procedures, see our Canby Security Deposit Laws guide.

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How we built this calculator: Security Deposit Calculator rules are based on Minnesota state statutes (Minn. Stat. §504B.001 et seq.). Default rent values come from HUD Fair Market Rents (FY2026) for the Canby area. Last updated: August 2026. This tool provides general information, not legal advice. Consult a licensed attorney for guidance specific to your situation.
RA

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.