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Iowa rules for deposits, notice, and late fees

Deposit, notice, and late-fee figures cited to the state statute.

RuleRule text
Security deposit capA landlord shall not demand or receive a security deposit in an amount or value in excess of two months' rent. Iowa Code § 562A.12. As of 2026-10-09.
Deposit return deadlineWithin 30 days after the tenancy ends and the landlord receives the tenant's mailing address or delivery instructions, the landlord shall return the rental deposit or furnish a written statement of the specific reason for withholding any of it. If any of the deposit is withheld to restore the unit, the statement shall specify the nature of the damages. Iowa Code § 562A.12. As of 2026-10-09.
Notice to end a tenancyEither party may terminate a week-to-week tenancy by written notice given at least 10 days before the termination date. Either party may terminate a month-to-month tenancy by written notice given at least 30 days before the periodic rental date in the notice. A tenancy longer than month to month may be terminated by written notice given at least 30 days before the end of the term. Iowa Code § 562A.34. As of 2026-10-09.
Notice before entryExcept in an emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours' notice of intent to enter and may enter only at reasonable times. Iowa Code § 562A.19. As of 2026-10-09.
Late feeIf rent does not exceed $700 a month, a rental agreement shall not provide a late fee above $12 a day or $60 a month. If rent is greater than $700 a month, the late fee shall not exceed $20 a day or $100 a month. Iowa Code § 562A.9. As of 2026-10-09.
Eviction noticeFor a material noncompliance with the rental agreement, or a noncompliance with section 562A.17 that materially affects health and safety, the landlord may give written notice that the rental agreement will terminate on a date not less than 7 days after receipt if the breach is not remedied in 7 days. If substantially the same act or omission recurs within six months, the landlord may terminate on at least 7 days' written notice. If rent is unpaid when due and the tenant does not pay within 3 days after written notice of nonpayment and of the intention to terminate, the landlord may terminate the rental agreement. Iowa Code § 562A.27. As of 2026-10-09.
Full statute text

A landlord shall not demand or receive a security deposit in an amount or value in excess of two months' rent.

Within 30 days after the tenancy ends and the landlord receives the tenant's mailing address or delivery instructions, the landlord shall return the rental deposit or furnish a written statement of the specific reason for withholding any of it. If any of the deposit is withheld to restore the unit, the statement shall specify the nature of the damages.

If rent does not exceed $700 a month, a rental agreement shall not provide a late fee above $12 a day or $60 a month. If rent is greater than $700 a month, the late fee shall not exceed $20 a day or $100 a month.

Figures are from Iowa statutes, retrieved 2026-10-09. Primary sources: https://www.legis.iowa.gov/docs/code/2026/562A.12.pdf, https://www.legis.iowa.gov/docs/code/2026/562A.34.pdf, https://www.legis.iowa.gov/docs/code/2026/562A.19.pdf, https://www.legis.iowa.gov/docs/code/2026/562A.9.pdf, https://www.legis.iowa.gov/docs/code/2026/562A.27.pdf.

Use the figures with a deal

Questions

What is the security deposit cap in Iowa?

A landlord shall not demand or receive a security deposit in an amount or value in excess of two months' rent. Source: Iowa Code § 562A.12, https://www.legis.iowa.gov/docs/code/2026/562A.12.pdf, as of 2026-10-09.

How soon must a landlord return a security deposit in Iowa?

Within 30 days after the tenancy ends and the landlord receives the tenant's mailing address or delivery instructions, the landlord shall return the rental deposit or furnish a written statement of the specific reason for withholding any of it. If any of the deposit is withheld to restore the unit, the statement shall specify the nature of the damages. Source: Iowa Code § 562A.12, https://www.legis.iowa.gov/docs/code/2026/562A.12.pdf, as of 2026-10-09.

How much notice ends a tenancy in Iowa?

Either party may terminate a week-to-week tenancy by written notice given at least 10 days before the termination date. Either party may terminate a month-to-month tenancy by written notice given at least 30 days before the periodic rental date in the notice. A tenancy longer than month to month may be terminated by written notice given at least 30 days before the end of the term. Source: Iowa Code § 562A.34, https://www.legis.iowa.gov/docs/code/2026/562A.34.pdf, as of 2026-10-09.

How much notice must a landlord give before entering in Iowa?

Except in an emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours' notice of intent to enter and may enter only at reasonable times. Source: Iowa Code § 562A.19, https://www.legis.iowa.gov/docs/code/2026/562A.19.pdf, as of 2026-10-09.

What late fee does Iowa allow?

If rent does not exceed $700 a month, a rental agreement shall not provide a late fee above $12 a day or $60 a month. If rent is greater than $700 a month, the late fee shall not exceed $20 a day or $100 a month. Source: Iowa Code § 562A.9, https://www.legis.iowa.gov/docs/code/2026/562A.9.pdf, as of 2026-10-09.

What eviction notice does Iowa require?

For a material noncompliance with the rental agreement, or a noncompliance with section 562A.17 that materially affects health and safety, the landlord may give written notice that the rental agreement will terminate on a date not less than 7 days after receipt if the breach is not remedied in 7 days. If substantially the same act or omission recurs within six months, the landlord may terminate on at least 7 days' written notice. If rent is unpaid when due and the tenant does not pay within 3 days after written notice of nonpayment and of the intention to terminate, the landlord may terminate the rental agreement. Source: Iowa Code § 562A.27, https://www.legis.iowa.gov/docs/code/2026/562A.27.pdf, as of 2026-10-09.

Estimates for planning; not tax/legal advice.