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πŸ”‘ Rental Property Rules/Security Deposit Rules

Security Deposit Rules: Bloomington vs Minneapolis

How do security deposit rules rules compare between Bloomington, MN and Minneapolis, MN?

Bloomington and Minneapolis have similar restriction levels.

Bloomington, MN

Hennepin County

Some Restrictions

Minnesota Statute 504B.178 caps security deposits at no specific amount but requires landlords return deposits within 21 days of lease termination with itemized deductions. Landlords must pay 1% annual interest on held deposits and face triple damages plus $500 punitive damages for bad-faith withholding.

View full Bloomington rules β†’

Minneapolis, MN

Hennepin County

Some Restrictions

Minnesota Statute Section 504B.178 caps rental security deposits and mandates return within 21 days after lease end, with itemized deductions and 1% monthly interest accrual on deposits held over a year.

View full Minneapolis rules β†’

Key Facts Comparison

FactBloomingtonMinneapolis
Return deadline21 days21 days post move-out
Interest rate1% annually1% simple, annual
State capNone-
Bad faith damagesTriple plus $500-
State statute-Minn. Stat. Β§504B.178
Penalty-Double withheld amount

Highlighted rows indicate differences between cities.

Bloomington FAQ

How much can a Minneapolis landlord charge?

Minnesota sets no statutory cap. Most landlords charge one to two months' rent. Minneapolis requires installment options for voucher holders to ease move-in costs.

What if my deposit is not returned?

Send a demand letter to the last known landlord address. If unanswered after 21 days, file in Hennepin County conciliation court for the deposit plus punitive damages.

Minneapolis FAQ

What counts as 'ordinary wear and tear'?

Carpet wear from normal walking, faded paint, and minor scuffs are ordinary. Carpet stains, holes in walls, broken fixtures, and pet damage are deductible.

Can my landlord charge a non-refundable cleaning fee?

No. Minnesota law treats all upfront tenant payments held against damages as refundable security deposits. 'Non-refundable' fees are unenforceable under Minn. Stat. Β§504B.178.

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