What is the maximum security deposit in New Prague, Minnesota?

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

How many days does a New Prague landlord have to return a security deposit?

Landlords in New Prague 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 New Prague?

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.

New Prague Security Deposit Calculator (2026) — Free

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

Calculate Your Security Deposit Limits

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New Prague Security Deposit by Unit Size

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

Unit Size	Median Rent	Max Deposit	Penalty Risk
Studio	$1,242/mo	No limit	$2,484
1-Bedroom	$1,405/mo	No limit	$2,810
2-Bedroom	$1,709/mo	No limit	$3,418
3-Bedroom	$2,262/mo	No limit	$4,524
4-Bedroom	$2,531/mo	No limit	$5,062

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

Penalty Warning

If you fail to return the deposit within 21 days, a New Prague 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 New Prague 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 New Prague area. Last updated: August 2026. This tool provides general information, not legal advice. Consult a licensed attorney for guidance specific to your situation.

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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.