1. What is Prorated Rent?

Prorated rent is the portion of monthly rent that's calculated based on the number of days a tenant actually occupies a property during a partial month. It's commonly used when a tenant moves in or out mid-month.

2. How Does the Calculator Work?

The calculator uses the prorated rent formula:

Where:

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

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?

Details: Prorated rent is typically used when a tenant moves in after the first of the month or moves out before the end of the month. It ensures fair payment for partial month occupancy.

4. Using the Calculator

Tips: Enter the full monthly rent amount, the total days in the specific month (28-31), and the number of days the property will be occupied. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Is prorated rent required by law?
A: Laws vary by location, but many jurisdictions require landlords to prorate rent when tenants move in or out mid-month.

Q2: How are partial days calculated?
A: Typically, any day the tenant has access to the property counts as a full day, regardless of move-in/move-out time.

Q3: What if the month has 31 days but February has 28?
A: Always use the actual number of days in the specific month you're calculating for.

Q4: Can prorated rent be used for other billing periods?
A: Yes, the same principle can be applied to weekly or other periodic rents by adjusting the formula.

Q5: How should prorated rent be documented?
A: It should be clearly stated in the lease agreement or a written addendum to avoid disputes.