Table of contents
Table of contents
Loans
*Quote takes 1 minute, no credit pull
Insurance*1 quote from 40+ carriers
Listings*New listings daily
Table of contents
Table of contents
Mastering the Rent Calculator Prorated: A Guide to Fair Rent Payments
Last updated: April 13, 2025
Understanding Prorated Rent
Prorated rent is an essential concept for tenants and landlords, especially when moving in or out mid-month. It calculates the rent owed based on the number of days you'll occupy the rental space within the billing period.
What Is Prorated Rent?
Prorated rent refers to adjusting the rent amount based on the actual number of days you'll reside in the property. For example, if your monthly rent is $1,200 and you move in on the 15th, you'll only pay for the days you occupy the unit. This method ensures fairness by dividing the total rent by the total number of days in the month, allowing you to pay only for what you use.
