1. What is Prorated Rent?

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

2. How Does the Calculator Work?

The calculator uses the standard prorated rent formula:

Where:

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

Explanation: This calculation divides the monthly rent by the number of days in the month to get a daily rate, then multiplies by the number of days the tenant will actually occupy the property.

3. When to Use Prorated Rent

Details: Prorated rent is typically used when a tenant moves in or moves out mid-month, during lease transitions, or when adjusting rent for partial month occupancy.

4. Using the Calculator

Tips: Enter the full monthly rent amount, the total days in the month (28, 29, 30, or 31), and the number of days the tenant will occupy the property. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Why prorate rent instead of charging a full month?
A: Prorating ensures fairness when tenants don't occupy the property for a full month, which is common during move-ins/move-outs.

Q2: Should I use calendar days or business days?
A: Always use calendar days (total days in month) for prorating rent calculations.

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

Q4: Is prorated rent required by law?
A: Laws vary by location, but most jurisdictions require fair prorating when tenants occupy for partial months.

Q5: Can I use a flat 30-day month for simplicity?
A: While some landlords do this for simplicity, it's not as precise as using the actual days in the specific month.