Iowa · Late fees

Iowa late fee law

Iowa law caps late fees. There’s no required grace period.

The rule

Grace period
None required
Cap
Rent up to $700/month: $12 per day, max $60 per month; rent over $700: $20 per day, max $100 per month
Grace period
No statutory grace period.

Law: Iowa Code § 562A.9(4)

Last reviewed September 30, 2026

Not legal advice. Statutes change; check the linked section.