Prorated Rent Calculator

Calculate the fair rent amount for a partial month when moving in or out.

Lease Details

Monthly Rent ($)

Move-in Day of the Month

e.g. 15 for the 15th

Days in Month

Rent Due

Prorated Amount$1,066.6716 billable days

Daily Rate$66.67

Billing Period15-30

Calculation Summary

You are responsible for 16 days of rent at a rate of $66.67 per day.

About this calculator

Overview

Prorating rent involves calculating the cost of rent based on the number of days a tenant occupies a property, rather than paying for the full month.

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Pro Tips

Lenders and landlords usually include the move-in day as the first full billable day.
Some leases use a standard 30-day month for all prorating calculations regardless of the actual month.
Always verify if the daily rate is calculated based on 30 days, 31 days, or 365 days per year.
Security deposits are typically not prorated and are based on the full monthly rent.

Fun Facts

Formula: Daily Rate = Monthly Rent / Days in Month | Prorated Amount = Daily Rate × Days Occupied