Illinois vs Indiana: Security Deposit Laws Compared
By Tenant Know-How Editorial TeamLast updated 3 min read
| Aspect | Illinois | Indiana |
|---|---|---|
| Return Deadline | 45 days | 45 days |
| Maximum Deposit | No cap | No cap |
| Itemization Required | Yes | Yes |
| Interest Required | Yes | No |
| Statute | 765 ILCS 710 | Ind. Code § 32-31-3-12 |
| Penalty for Violation | 2x the deposit plus attorney's fees for bad faith withholding. | Full deposit plus attorney's fees. |
Which state is more tenant-friendly?
“Tenant-friendly” depends on which factor matters most to you. A shorter return deadline favors tenants who want their money back fast. A lower maximum deposit favors tenants moving in. Stronger penalties for violations help if you end up in a dispute. Required interest helps over long tenancies.
For a typical renter, the most-watched signal is the return deadline. By that measure:
- Illinois: 45 days to return (765 ILCS 710)
- Indiana: 45 days to return (Ind. Code § 32-31-3-12)
What you need to know about each state
Illinois
Chicago has stricter rules (30 days, 2x penalty).
Full Illinois security deposit law →
Indiana
Must provide itemized list of damages within 45 days.
FAQ
Which state is more tenant-friendly for security deposits, Illinois or Indiana?
Illinois requires landlords to return deposits within 45 days, while Indiana requires 45 days. Both states share the same return deadline. Other factors like maximum deposit caps and statutory penalties also matter — see the comparison table below.
What is the difference in maximum security deposit between Illinois and Indiana?
Illinois: No statutory cap. Indiana: No statutory cap.