A bigger deposit is allowed only if special conditions put the home at risk.
Why, and the exact law
From S.D. Codified Laws § 43-32-6.1, read Oct 6, 2026.Show the law
“A lessor of residential premises may not demand or receive a security deposit, however denominated, in an amount or value in excess of one month's rent except that a larger deposit may be agreed upon between the lessor and the lessee where special conditions pose a danger to maintenance of the premises …”
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Every rule here, word for word (1)
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South Dakota lawIn force
South Dakota residential security deposit cap and return rules
How big can the deposit be?
Max 1 month's rent.
A bigger deposit is allowed only if special conditions put the home at risk.
Who it covers
Covers: Residential rental premises.
In force since
1976
The law, word for word
“A lessor of residential premises may not demand or receive a security deposit, however denominated, in an amount or value in excess of one month's rent except that a larger deposit may be agreed upon between the lessor and the lessee where special conditions pose a danger to maintenance of the premises …”