Indiana Security Deposit Law (2026): Limit & Deadline

Maximum deposit

No statutory limit

Return deadline

45 days after termination of the rental agreement and delivery of possession

Controlling statute

Ind. Code § 32-31-3-12 (return); ch. 32-31-3 (Security Deposits)

No statutory dollar cap. Indiana sets no statewide limit on the deposit amount — but local ordinances may, and the return deadline above still applies. Market practice is typically 1–2 months of rent.

Maximum security deposit in Indiana

Returning the deposit

45 days after termination of the rental agreement and delivery of possession; itemized written notice of deductions required (clock does not start until tenant provides a mailing address in writing). Read Ind. Code § 32-31-3-12 (return); ch. 32-31-3 (Security Deposits) for the exact triggers, itemization requirements, and penalties for late or bad-faith withholding.

Compare with other states

See the full sortable table in our free security deposit limits by state tool, or jump to another state below.

Frequently asked questions

What is the maximum security deposit a landlord can charge in Indiana?

No statutory limit (Ind. Code ch. 32-31-3 governs deposits/return but sets no cap). Title 32 > Article 31 > Chapter 3 > Section 32-31-3-12. Tenant remedy: recover full deposit due plus reasonable attorney fees. This is a best-effort summary verified against the official statute (Ind. Code § 32-31-3-12 (return); ch. 32-31-3 (Security Deposits)) on June 7, 2026 — always confirm with the current law or an attorney.

When must a landlord return a security deposit in Indiana?

45 days after termination of the rental agreement and delivery of possession; itemized written notice of deductions required (clock does not start until tenant provides a mailing address in writing). See Ind. Code § 32-31-3-12 (return); ch. 32-31-3 (Security Deposits) for the exact conditions and any itemization requirements.

What statute governs security deposits in Indiana?

Ind. Code § 32-31-3-12 (return); ch. 32-31-3 (Security Deposits). The official text is published by the state at https://iga.in.gov/laws/current/ic/titles/32.

Is this legal advice?

No. This page is a best-effort summary compiled from primary legal authority and verified on June 7, 2026. Statutes change, and many states use tiers or exceptions a summary can't capture. Confirm with the current statute or a licensed attorney before relying on it.

Indiana security deposit law