1. What is Prorated Rent?

Prorated rent is a calculated amount that a tenant pays for occupying a rental property for only part of a month. It's commonly used when moving in or out mid-month.

2. How Does the Calculator Work?

The calculator uses the prorated rent formula:

Where:

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

Explanation: The formula calculates the daily rent rate and multiplies it by the number of days the tenant will actually occupy the property.

3. Importance of Prorated Rent Calculation

Details: Accurate prorated rent calculation ensures fair payment for partial-month occupancy, prevents disputes between landlords and tenants, and helps with move-in/move-out budgeting.

4. Using the Calculator

Tips: Enter the full monthly rent amount, the total days in the month (typically 30 or 31), and the number of days you'll occupy the property. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What if the month has 28 or 29 days?
A: For February, use 28 or 29 days depending on whether it's a leap year. The calculator accepts 28-31 days.

Q2: Do all landlords prorate rent?
A: Not all landlords prorate rent automatically. It's important to discuss and agree on proration terms before moving in or out mid-month.

Q3: What's the most common method for prorating rent?
A: The daily rate method (shown in this calculator) is most common, though some use a 30-day month for simplicity regardless of actual days.

Q4: Should utilities be prorated too?
A: Utilities are typically handled separately from rent proration, unless specified in the lease agreement.

Q5: What if I move in on the 1st but after noon?
A: Most landlords count full days only, but some may prorate by half-days. This should be specified in your lease agreement.