Prorated Rent Calculator
Calculate fair and accurate partial month rent payments for mid-month move-ins or move-outs.
Calculate Prorated Rent
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Prorated Rent
$0.00
Calculation Details
Monthly Rent: $1,500.00
Daily Rent: $50.00
Days in Month: 30
Days to Prorate: 0
Payment Schedule
Please select a move date to see your payment schedule.
Understanding Prorated Rent
Prorated rent is a partial rent payment calculated for a period less than a full month. It's commonly used when tenants move in or out in the middle of a month, ensuring they only pay for the days they actually occupy the property.
When Is Rent Prorated?
Rent is typically prorated in these situations:
- Mid-month move-ins: When a tenant moves in after the first day of the month
- Mid-month move-outs: When a tenant moves out before the last day of the month
- Lease adjustments: When aligning a lease start date with a specific day of the month
- Temporary accommodations: For short-term stays that don't align with full rental periods
How to Calculate Prorated Rent
There are several methods to calculate prorated rent:
Method 1: Actual Days in Month
Daily Rent = Monthly Rent ÷ Number of Days in Month
Prorated Rent = Daily Rent × Number of Days Occupied
Method 2: 30-Day Month
Daily Rent = Monthly Rent ÷ 30
Prorated Rent = Daily Rent × Number of Days Occupied
Method 3: 365-Day Year
Daily Rent = (Monthly Rent × 12) ÷ 365
Prorated Rent = Daily Rent × Number of Days Occupied
The most common method is using the actual number of days in the month, as it's the most accurate and fair approach for both landlords and tenants.
Prorated Rent Examples
Example 1: Mid-Month Move-In
Let's say your monthly rent is $1,500 and you're moving in on March 15th.
Using Actual Days in Month:
Daily Rent = $1,500 ÷ 31 = $48.39
Days Occupied = 31 - 15 + 1 = 17 days
Prorated Rent = $48.39 × 17 = $822.63
Example 2: Mid-Month Move-Out
If your monthly rent is $1,200 and you're moving out on April 10th:
Using Actual Days in Month:
Daily Rent = $1,200 ÷ 30 = $40.00
Days Occupied = 10 days
Prorated Rent = $40.00 × 10 = $400.00
Frequently Asked Questions
Is prorated rent legally required?
Prorated rent is not universally required by law, but it's a common and fair practice. Some states or local jurisdictions may have specific regulations regarding rent proration. Always check your lease agreement, as it should specify how and when rent will be prorated.
Which proration method is most common?
The most common method is using the actual number of days in the month (Method 1). This approach is generally considered the fairest as it accounts for the varying lengths of months. However, some landlords prefer the simplicity of the 30-day month method.
Do I need to pay prorated rent before moving in?
Payment timing depends on your landlord's policies and your lease agreement. Some landlords require prorated rent to be paid at lease signing, while others may combine it with the first full month's rent or the security deposit. Make sure to clarify this with your landlord before signing the lease.
Can a landlord refuse to prorate rent?
Yes, landlords can refuse to prorate rent unless required by local laws or specified in the lease agreement. However, most landlords are willing to prorate rent as it's a standard practice in the rental industry. If proration is important to you, discuss it with your landlord before signing the lease.