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South Beloit Security Deposit Calculator (2026) — Free

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

Calculate Your Security Deposit Limits

Results for South Beloit, IL

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result

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deadline / notice

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penalty if violated

South Beloit Security Deposit by Unit Size

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

Unit Size Median Rent Max Deposit Penalty Risk
Studio $810/mo No limit $1,620
1-Bedroom $895/mo No limit $1,790
2-Bedroom $1,175/mo No limit $2,350
3-Bedroom $1,555/mo No limit $3,110
4-Bedroom $1,594/mo No limit $3,188

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

Penalty Warning

If you fail to return the deposit within 30 days, a South Beloit tenant can sue for up to 2x the amount wrongfully withheld, plus attorney fees. Tenant may recover up to 2x the deposit plus interest (statewide); Chicago RLTO provides additional penalties

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

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How we built this calculator: Security Deposit Calculator rules are based on Illinois state statutes (765 ILCS 705 et seq.). Default rent values come from HUD Fair Market Rents (FY2026) for the South Beloit 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.