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States/Minnesota/Security Deposit
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Minnesota renter guide

Minnesota Security Deposit Rules (2026)

Minnesota requires security deposits to earn one-percent simple noncompounded interest and generally gives landlords three weeks after tenancy termination, after receipt of the tenant’s mailing address or delivery instructions, to return the deposit or send a written withholding explanation. Ordinary wear and tear is excluded, and the landlord bears the burden of proving the reason for withholding.

Last reviewed: August 30, 20263 official sources cited
Return / explanation3 weeks (21 days)

After termination and receipt of mailing address/delivery instructions.

Interest1% simple

Noncompounded interest under § 504B.178.

Ordinary wearExcluded

Withholding to restore condition excludes ordinary wear and tear.

Burden of proofLandlord

For the reason behind withholding in an action concerning the deposit.

Records to keep

  • Lease and deposit payment record.
  • Tenant mailing address or delivery instructions provided to landlord.
  • Initial inspection records or agreed photos/video.
  • Move-out inspection notice and records.
  • Written withholding statement and refund.
  • Move-in/move-out photos and repair records.

Compare this issue across states

Security Deposit Rules by State
Compare the full security-deposit framework across all states.
Educational statewide guide. Billing method, lease disclosures, address/delivery instructions, inspections and local rules can change the result. This page is not legal advice.

Official sources

Minnesota Revisor of StatutesMinnesota Statutes § 504B.178 — security deposits ↗

Current official statute for 1% interest, 21-day return/accounting, ordinary-wear exclusion, burden of proof and remedies.

Minnesota Revisor of StatutesMinnesota Statutes § 504B.182 — initial and final inspections ↗

Current official statute requiring notice of the option to request initial and move-out inspections.

Minnesota Attorney GeneralEnding the Tenancy — Landlords & Tenants ↗

Official consumer guide explaining deposit refunds, one-percent interest, withholding and inspection rights.

Related Minnesota guides

21-Day Rule →1% Interest →Initial Inspection →Move-Out Inspection →