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How to Calculate Prorate Rent: A Simple Step-by-Step Guide for Tenants

Last updated: April 13, 2025

Understanding Prorated Rent

Prorated rent ensures you only pay for the days you occupy a rental space, making it essential for accurate financial planning. Knowing how to calculate prorated rent can help you manage housing expenses effectively.

Definition of Prorated Rent

Prorated rent refers to a portion of the monthly rent based on the number of days you occupy the rental property. When you move in or out on a day other than the first or last day of the month, your rent adjusts accordingly. This calculation allows you to pay fairly for your actual time in the unit.