Prorated Rent Calculator

Calculates the prorated rent for a move in date, taking into account monthly rent, move in and next rent start dates.

Result Prorated Amount $0 Days Occupied 0 days Daily Rate 0% Period End 0000-00-00 0 Days in Month

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Daily Rate Formula

Daily rate = Monthly rent / Days in month

$1860 / 31 = $60.00John pays $1860 as rent every month, and there are 31 days in January. The result shows that John's daily rent is approximately $60.00 per day.

Prorated Amount Formula

Prorated amount = Daily rate * Days occupied

$60 * 10 = $600.00If John occupies the property for 10 days in a month, his prorated rent amounts to $600.00 for that period.

Meaning

Prorated rent is the rent you pay for only part of a month. It’s calculated by dividing the full monthly rent by the number of days in the month and then multiplying by the number of days you occupy the property.