Iowa late fee law
Read from the statute itself on 2026-11-09. Statewide rule; a city or county can add its own.
- Statutory cap
- Depends — see the rule
- Grace period
- None in the statute
Rent of $700/month or less: at most $12/day and $60/month in total. Rent above $700/month: at most $20/day and $100/month in total. No grace period.
Source: Iowa Code § 562A.9(4) · read on 2026-11-09
Calculate it for your rent
The rule depends on your situation
Rent of $700/month or less: at most $12/day and $60/month in total. Rent above $700/month: at most $20/day and $100/month in total. No grace period.
Grace period
None in the statute
Statutory cap
Depends — see the rule
Source: Iowa Code § 562A.9(4) · read on 2026-11-09
Iowa: common questions
What is the maximum late fee in Iowa?
Rent of $700/month or less: at most $12/day and $60/month in total. Rent above $700/month: at most $20/day and $100/month in total. No grace period.
- Iowa security deposit law
- Every state side by side: the 2026 report
- Late fee calculator for all 50 states and DC
Not legal advice. Confirm with a local landlord-tenant attorney before relying on a figure.
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