What is the maximum security deposit in Thief River Falls, Minnesota?

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

How many days does a Thief River Falls landlord have to return a security deposit?

Landlords in Thief River Falls 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 Thief River Falls?

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.

Thief River Falls Security Deposit Calculator (2026) — Free

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

Calculate Your Security Deposit Limits

Monthly Rent ($)

Furnished or Unfurnished?

--

result

--

deadline / notice

--

penalty if violated

Thief River Falls Security Deposit by Unit Size

Here are the amounts at Thief River Falls's current Fair Market Rents:

Unit Size	Median Rent	Max Deposit	Penalty Risk
Studio	$774/mo	No limit	$1,548
1-Bedroom	$855/mo	No limit	$1,710
2-Bedroom	$1,122/mo	No limit	$2,244
3-Bedroom	$1,496/mo	No limit	$2,992
4-Bedroom	$1,631/mo	No limit	$3,262

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

Penalty Warning

If you fail to return the deposit within 21 days, a Thief River Falls 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

Get your move-in/move-out checklist + deposit return timeline

Includes itemized deduction worksheet, return deadline tracker, and MN deposit law summary. Enter your email and we'll send it right over.

Free. No spam. Unsubscribe anytime.

Or skip straight to managing your properties Start Free Trial →

Founding Customer Rate — 62 of 100 spots remaining

Get $1,188 in Operator features — free for 30 days

Then lock in $19/mo forever. Property managers charge $100–200/unit/month. You get unlimited units.

✅ 299 CAA forms, AI auto-fill

✅ E-signatures

✅ Online rent collection

✅ Compliance tracking

✅ Maintenance requests

✅ Tenant screening

$99/mo Operator plan

$0 for 30 days

You save $1,188/yr

vs Operator monthly pricing

Claim Your Founding Rate →

No charge today · Cancel in one click · Your rate locked forever

Trusted by Sacramento landlords managing 1–50 units 🔒 Secured by Stripe

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

Never miss a compliance deadline in Thief River Falls

LeaseBase tracks deadlines, generates compliant forms, and documents everything automatically.

Start Free Trial Schedule a Demo

Founding Customer Rate: $19/mo locked forever (only 62 of 100 spots left) · $0 today · Cancel anytime

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 Thief River Falls 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.