Last updated: April 11, 2025
Prorated rent calculates the amount you owe based on the exact days you occupy your rental unit during a billing period. This approach ensures you pay only for the time you reside in the property.
Prorated rent determines the daily rental cost by dividing your monthly rent by the total days in that month. Multiply this daily rate by the number of days you occupy the unit. For example, if your rent is $1,500 and you move out after 10 days in a 30-day month, your prorated rent is $500.