Minn. Stat. § 504B.178: Minnesota security deposit rules in plain English
What Minn. Stat. § 504B.178 says about Minnesota security deposits: the cap, the deadline to return the deposit, itemized deductions and interest. Every fact below comes from our statute-checked data. Last verified 2026-10-22.
Quick answer
- Return deadline
- 21 days
- Maximum deposit
- No statutory cap on the amount.
- Itemized list
- Yes, an itemized list of deductions is required
- Interest
- Yes: 1% simple, noncompounded interest per year (amounts under $1 excluded).
What Minn. Stat. § 504B.178 says, as we verified it
Deposit limit
No statutory cap on the amount.
Interest
Yes: 1% simple, noncompounded interest per year (amounts under $1 excluded).
Full citation: Minn. Stat. § 504B.178, subds. 2-3 Read the official text
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FAQ: Minn. Stat. § 504B.178
How long does a landlord have to return a deposit under Minn. Stat. § 504B.178?
Under Minn. Stat. § 504B.178, a Minnesota landlord has 21 days to return the security deposit or send an itemized list of deductions.
Is there a limit on the security deposit in Minnesota?
No statutory cap on the amount.
Does Minnesota require an itemized list of deductions?
Yes, an itemized list of deductions is required. Citation: Minn. Stat. § 504B.178, subds. 2-3.
Does the landlord have to pay interest on the deposit in Minnesota?
Yes: 1% simple, noncompounded interest per year (amounts under $1 excluded).
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Scan my Minnesota leaseGeneral information only, not legal advice. Last verified 2026-10-22. Laws change; verify with the linked source or a licensed attorney.