1. What is Prorated Rent?

Prorated rent is a calculated amount that tenants pay when they move in or out during the middle of a billing period. It ensures tenants only pay 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 monthly rental amount
• Days Occupied — Number of days the tenant will occupy the property in the month
• Days in Month — Total number of days in the move-in month (typically 28-31)

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

3. Importance of Prorated Rent Calculation

Details: Accurate prorated rent calculation ensures fairness for both landlords and tenants, prevents disputes, and helps with proper accounting for partial-month occupancy.

4. Using the Calculator

Tips: Enter the full monthly rent amount, the number of days the tenant will occupy the property, and the total days in the month (default is 30). All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: When should prorated rent be used?
A: Prorated rent should be used when a tenant moves in or out during the middle of a month, rather than on the first day.

Q2: How are partial days counted?
A: Typically, move-in day counts as a full day of occupancy regardless of move-in time.

Q3: What if the month has 31 days but I use 30?
A: Using 30 days will slightly favor the landlord (higher daily rate), while 31 days slightly favors the tenant.

Q4: Is prorated rent required by law?
A: Laws vary by location, but most jurisdictions require fair proration when tenants don't occupy for a full month.

Q5: Can this be used for move-out proration?
A: Yes, the same formula applies when calculating refunds for early move-outs.