What is the maximum security deposit in Green Isle, Minnesota?

Minnesota has no statutory limit on security deposits. Landlords should charge a reasonable amount.

How many days does a Green Isle landlord have to return a security deposit?

Landlords in Green Isle must return the security deposit within 21 days after the tenant moves out. 21 days (or 5 days if wrongful withholding)

What is the penalty for not returning a security deposit on time in Green Isle?

Tenant may recover up to 2x the deposit plus attorney fees for bad faith withholding The tenant can also recover court costs and attorney fees in most cases.

Green Isle Security Deposit Calculator (2026) — Free

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

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Green Isle Security Deposit by Unit Size

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

Unit Size	Median Rent	Max Deposit	Penalty Risk
Studio	$671/mo	No limit	$1,342
1-Bedroom	$742/mo	No limit	$1,484
2-Bedroom	$973/mo	No limit	$1,946
3-Bedroom	$1,299/mo	No limit	$2,598
4-Bedroom	$1,304/mo	No limit	$2,608

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

Penalty Warning

If you fail to return the deposit within 21 days, a Green Isle 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 Green Isle 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 Green Isle 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.