Landlord Tools

South Dakota Security Deposit Law

A 2026 guide for South Dakota landlords: how much you can hold, the 14-day deadline to return it, whether interest is required, and the penalties for getting it wrong — plus a free calculator set to South Dakota's rules.

Deposit cap

1 month's rent (more allowed if justified by increased risk, e.g., pets)

Refund deadline

14 days

2 weeks if no deductions; 45 days if deductions are itemized.

Interest required?

No

No statewide interest requirement.

Separate account?

Not required

Penalty for noncompliance

Bad-faith retention can result in up to twice the amount wrongfully withheld.

Statute: S.D. Codified Laws § 43-32-24

South Dakota security deposit refund calculator

Pre-set to South Dakota's 14-day deadline. Enter the deposit and any deductions to see the refund and the exact due date.

Itemized deductions

Result

$1,500.00

Amount owed back to the tenant

Deposit held
$1,500.00
Total deductions
$0.00

Legal deadline in South Dakota

Return the deposit (or an itemized statement of deductions) within 14 days of move-out.

2 weeks if no deductions; 45 days if deductions are itemized.

Full South Dakota deposit law guide →Generate itemized deduction letter →

How to return a security deposit in South Dakota

  1. 1

    Inspect and document the unit

    As soon as the tenant moves out, photograph every room and compare it against the move-in condition. In South Dakota, deductions generally must reflect actual damage beyond normal wear and tear.

  2. 2

    Itemize every deduction in writing

    List each deduction with a dollar amount. South Dakota — like nearly every state — can bar a landlord from keeping any of the deposit if deductions aren't itemized in a written statement.

  3. 3

    Confirm no interest is required

    No statewide interest requirement. That means you generally return the deposit minus documented deductions, with no added interest.

  4. 4

    Return the balance within 14 days

    Send the remaining balance and the itemized statement to the tenant's forwarding address within 14 days of move-out. 2 weeks if no deductions; 45 days if deductions are itemized. Missing this deadline is the single most common way landlords lose a deposit dispute.

South Dakota security deposit FAQ

How much can a landlord charge for a security deposit in South Dakota?

1 month's rent (more allowed if justified by increased risk, e.g., pets).

How long does a landlord have to return a security deposit in South Dakota?

A landlord generally has 14 days after the tenant moves out to return the deposit or send an itemized statement of deductions. 2 weeks if no deductions; 45 days if deductions are itemized.

Is interest required on security deposits in South Dakota?

No statewide interest requirement.

Does South Dakota require the deposit to be held in a separate account?

South Dakota does not impose a statewide separate-account requirement, though keeping deposits separate is still good practice.

What happens if a landlord wrongfully withholds a deposit in South Dakota?

Bad-faith retention can result in up to twice the amount wrongfully withheld.

Related free tools

Deposit laws in other states

This page summarizes general state-level rules as of 2026 and does not cover city or county ordinances, which can be stricter. Verify against the statute cited above (S.D. Codified Laws § 43-32-24) or with a local attorney before relying on it.