Prorated Rent Calculator for Moving In/Out
Calculate rent for a partial month.
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When to Prorate Rent
Rent is prorated when a tenant moves in or out on any day other than the first of the month. This ensures the tenant only pays for the days they actually have possession of the property.
Calculation Steps
- Determine the daily rental rate (Monthly Rent / Days in the Month).
- Count the number of days the tenant will occupy the unit.
- Multiply the daily rate by the number of days occupied.
Frequently Asked Questions
How do you calculate daily rent?
Divide the total monthly rent by the number of days in that specific month (e.g., $1200 / 30 = $40/day).
Should I use 30 days or the actual days in the month?
It is most accurate and legally safer to use the actual number of days in the specific month (28, 29, 30, or 31).