Whether you are moving in or out a tenant, all you need is your rent amount, the month of move-in or move-out, and additional move-in costs, if applicable.
Input the correct numbers in the calculator below to discover your prorated rent amount.
If you don't occupy a rented apartment for the entire month, this prorated rent calculator will surely come in handy. It allows you to easily determine the rent you need to pay if you're moving in at any date other than the first of the month. Read on to learn:
Additionally, we have provided an example of the prorates rent calculation to make things clearer for you.
Imagine that you are moving into a new apartment. You have already talked to the landlord and agreed to move in on the 20th of September. Typically, rent is charged every month; it seems unfair, though, to demand from you a full month's rent for September. A fair solution would be to charge you prorated rent - a certain percentage of the total rent proportional to the number of days you'll be staying in the apartment.
When prorated rent is applied, and you move into an apartment on the 20th of September (which has 30 days), your payment for this month would be one-third (10 / 30), i.e. about 33% of the full month's rent. Similarly, the prorated rent could be used to calculate the amount of the rent due if your landlord asks you to move out before the end of the month or if you want to stay an extra couple of days at the beginning of next month.
So what is prorated rent exactly? The formal prorated rent definition is the portion of the rental rate that corresponds to whatever part of the month the tenant lives in (or has access to) the property. Or in other words, the prorated rent is the amount of money a landlord charges a tenant for occupying the rented property for part of the base rental period (usually a month).
The easiest and best explanation is that it is the only way to be fair!
More specifically, this fairness refers to the way the landlord treats his tenant from the first day. It is because rent proration is a mechanism that is used to calculate the rent amount due for a month during which the tenant did not fully occupy the property.
So to answer the question of why prorate rent, the tenant has a favorable view of his landlord. It is always good to develop a good relationship with the people with whom you do business. After all, they can also influence those with whom you do business in the future. Thanks to prorating, the landlord receives the correct amount of rent due, and the tenant only pays for the actual period they stayed in the property. Everybody wins. It doesn't hurt that the tenant now has a favorable view of his landlord.
So are you now wondering how to prorate rent? To calculate the amount of prorated rent, you first need to determine a daily rent amount. To do so, you have to divide the total rent amount by the number of days in a month. Then you should multiply the obtained daily rent amount by the number of days you will be occupying the property in that month. The result of this operation is the prorated rent amount for the partial month of renting.
To compute the prorated rent amount, it is easier to use our prorated rent calculator. However, if you want to know how the calculations are done, you should take a look at the following steps. A practical example of prorated rent calculations is provided in the next section. Don't worry - it's easier than you think!
That's it. The result of the last operation is the exact amount of your prorated rent.
In the following example, let's make two assumptions: you move into a rented flat on the 15th of September, and the monthly rent is $650.
Below you can see a step-by-step guide on how to calculate the prorated rent:
Remember to be very careful with calculating the number of days you will occupy the apartment in a month. In our example, you count the 15th of September as the first day, the 16th as the second day, and so on. In total, you will occupy this apartment for 16 days.
Finally, your prorated rent in September is $346.67. If you fill the appropriate fields of our prorated rent calculator, you will receive the same value.
As you have seen, calculating prorated rent is generally a piece of cake. All you need to know is the amount of monthly rent and the number of days in the month. The former will be in the rental agreement. The latter is a bit more complicated as not every month has the same number of days. Thanks, Caesar. However, this number is the same every year (except February, which changes every leap year), so if you are unsure of the correct values, you can check it in the table below.
| Month | Number of days | Month | Number of days |
|---|---|---|---|
| January | 31 | July | 31 |
| February | 28 (29 in leap years) | August | 31 |
| March | 31 | September | 30 |
| April | 30 | October | 31 |
| May | 31 | November | 30 |
| June | 30 | December | 31 |
🙋 Did you know that the mean month length of the Gregorian calendar is 30.436875 days? If you multiply this number by 12, it gives 365.2425. That is why we have leap years (or intercalary years) when February has one additional day.
"Thirty days has September
April, June, and November.
All the rest have thirty-one
Excepting February alone,
Which only has but 28 days clear
And 29 in each leap year."
There is no federal or state law regarding prorated rent; only in some places is prorated rent required by law. Usually, most of the landlords will agree to prorate rent if you move in during the month. However, don't be surprised if they deny prorating rent when you suddenly decide to move out. It is advisable always to check the possibility of prorating with your landlord. Also, try to include it in the rental contract.
Since it is in the landlord's best interest to have his apartments rented at all times, you may request prorated rent be a part of your agreement should you leave in the middle of a month.
Prorated rent is a way to consider the actual moving-in date when starting a rental contract for any house or apartment. If you are not starting your stay at the beginning of the month, paying the entire month's rent would be unfair: the prorated rent allows you to pay only the exact amount due. Prorated rent is calculated proportionally, depending on the day of the month you will move in. Always ask for this type of payment if you are eligible!
To calculate the prorated rent, you can set up a proportion. Follow these simple steps:
If you moved on the 6th of June, the prorated rent would be 83.3% of the total monthly rent. To find this result, follow these steps:
Thus the prorated rent is 83.3% of the monthly one.
Prorated rent is not usually regulated by law: it will depend on your landlord if you can pay for the total number of days you will spend in your rented apartment. Usually, it's easier to ask for prorated rent in the first month than in the last month, and it's always better to ask for a written agreement in advance if you are interested in this type of payment.