Iowa Security Deposit Laws

Iowa Security Deposit Limit

Landlords may charge the equivalent of two months’ rent for the security deposit.

Deadline for Returning Security Deposit

The security deposit must be returned within 30 days after the tenant has moved out and returned the keys.

If the security deposit is kept in an interest-bearing account, interest must be paid to the tenant if the tenancy lasted more than five years (the landlord keeps any interest earned during the first five years).