Minnesota Statutes Chapter 504B controls security deposits for Saint Paul rentals, requiring interest at 1% per year, return within 21 days of move-out, and itemized written deductions for any withholding.
Saint Paul follows Minnesota's statewide security-deposit framework rather than imposing a separate city cap. Under Minn. Stat. § 504B.178, landlords must accrue 1% simple interest annually on deposits and return them within 21 days of move-out, with an itemized list of any deductions. Withholding for ordinary wear and tear is not allowed. Tenants may sue for the deposit plus a punitive amount equal to the bad-faith withholding. Saint Paul's rental-licensing process informs tenants of these rights at move-in via DSI tenant materials.
Bad-faith withholding can expose landlords to recovery of the deposit plus an equal punitive amount, plus court costs and attorney fees in some cases.
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See how Saint Paul's security deposit rules rules stack up against other locations.
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