Last updated: April 13, 2025
Prorated rent refers to the adjustment made to rent payments when a tenant occupies a rental property for less than a full month. This approach ensures both tenants and landlords calculate the correct amount owed based on actual occupancy days.
Prorated rent represents a fair way to charge rent when moving in or out does not align with the typical monthly billing cycle. For example, if your monthly rent is $1,200, dividing this by the total days in that month—let's say 30—sets a daily rent of $40. Therefore, if you occupy the unit for 10 days, your prorated rent would total $400. This method helps prevent overcharging and simplifies settling payments.