How much can a landlord charge for a late rent fee in Iowa?
In Iowa, a late fee may not exceed $12 a day or $60 in a month where the rent is $700 a month or less, and $20 a day or $100 in a month where the rent is more than $700. This is Iowa Code § 562A.9(4).
| What | Iowa |
|---|---|
| Maximum late fee | $12 a day, $60 a month (rent up to $700); $20 a day, $100 a month above |
Source
Iowa Code § 562A.9(4) — last checked 2026-09-16.
This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.
How Seayora uses this rule
Seayora charges only the late fee written into the lease, after the grace period the lease sets, and adds no late fee of its own. This page states the statutory ceiling and waiting period so the terms of a lease can be checked against them before it is signed.
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The same question in other states
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Hawaii
- Maine
- Maryland
- Minnesota
- Nevada
- New Mexico
- New York
- North Carolina