1. What is Prorated Rent?

Prorated rent is a calculated amount that a tenant pays when they move in or out of a rental property partway through a billing period. It ensures the tenant only pays for the days they actually occupy the property.

2. How Does the Calculator Work?

The calculator uses the prorated rent formula:

Where:

• Monthly Rent — The full month's rent amount
• Days in Month — Total days in the specific month (usually 28-31)
• Days Occupied — Number of days the tenant will occupy the property

Explanation: The formula calculates the daily rent rate first, then multiplies it by the number of days the tenant will actually be living in the property.

3. When is Prorated Rent Used?

Common scenarios: When a tenant moves in mid-month, moves out before the end of the month, or when the lease starts/ends on a day other than the first/last of the month.

4. Using the Calculator

Tips: Enter the full monthly rent amount, select the correct number of days for the specific month (28, 29, 30, or 31), and enter the exact number of days the tenant will occupy the property.

5. Frequently Asked Questions (FAQ)

Q1: Should I use calendar days or billing cycle days?
A: Typically calendar days are used, but check your lease agreement as some landlords may use a fixed 30-day month for calculations.

Q2: Is prorated rent required by law?
A: Laws vary by location. Many jurisdictions require prorated rent when tenants move in mid-month, but not all require it for move-outs.

Q3: How are partial days calculated?
A: Most landlords count any portion of a day as a full day, but some may calculate by hours. Check your lease agreement.

Q4: What if the lease starts on the first but ends mid-month?
A: The final month's rent would be prorated based on the number of days occupied in that month.

Q5: Can prorated rent be applied to other fees?
A: Typically only the base rent is prorated. Other fees (like parking or utilities) may be charged separately.