Iola Security Deposit Calculator (2026) — Free
One missed deadline. One wrong deduction. That's all it takes to owe 3x penalties in Iola. Calculate your exact limits before it costs you.
Calculate Your Security Deposit Limits
Results for Iola, TX
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result
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deadline / notice
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penalty if violated
Iola Security Deposit by Unit Size
Here are the amounts at Iola's current Fair Market Rents:
| Unit Size | Median Rent | Max Deposit | Penalty Risk |
|---|---|---|---|
| Studio | $830/mo | No limit | $2,490 |
| 1-Bedroom | $853/mo | No limit | $2,559 |
| 2-Bedroom | $1,067/mo | No limit | $3,201 |
| 3-Bedroom | $1,287/mo | No limit | $3,861 |
| 4-Bedroom | $1,570/mo | No limit | $4,710 |
Rents based on HUD Fair Market Rents (FY2026) for Grimes County.
Penalty Warning
If you fail to return the deposit within 30 days, a Iola tenant can sue for up to 3x the amount wrongfully withheld, plus attorney fees. Tenant may recover 3x the wrongfully withheld amount plus $100 and attorney fees for bad faith
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For the full breakdown of rules, deadlines, and procedures, see our Iola Security Deposit Laws guide.
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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.
