Late fee rules in Iowa
In Iowa, a late fee is at most $12 a day and $60 a month ($20 and $100 when rent is over $700). Iowa law sets no grace period before a late fee.
Checked against Iowa law on Oct 28, 2026.
What Iowa law says
What is the maximum late fee a landlord can charge in Iowa?
In Iowa, a late fee is at most $12 a day and $60 a month ($20 and $100 when rent is over $700).
Source: Iowa Code § 562A.9(4), read Oct 28, 2026.
When can a landlord charge a late fee in Iowa?
Iowa law sets no grace period before a late fee.
We read the state's landlord-tenant law on Oct 28, 2026 and found no statute on this.
Check your city's rules too: a city or county can set stricter limits. This is general information, not legal advice.