Prorated Rent Calculator
Calculate exactly how much rent you owe when moving in or out mid-month.How Prorated Rent Calculator Works
Moving in or out mid-month? You shouldn't have to pay full rent for days you don't live there. That's where prorated rent comes in—it calculates the exact amount you owe based on how many days you actually occupy the property.
The calculator works by taking your monthly rent and dividing it by the total number of days in that month to get your daily rent rate. Then it multiplies that rate by the number of days you'll be living there. For example, if your rent is $2,000 and you move in on the 4th of a 31-day month, you'd pay for 28 days instead of the full month.
Most landlords use prorated rent to be fair to tenants, though they're not legally required to offer it. It's especially helpful during busy moving seasons when exact move-in dates are hard to coordinate. The calculator also factors in additional move-in costs like security deposits and fees to give you your total first-month expenses.
Whether you're moving in or moving out, prorated rent ensures you only pay for the time you actually use the space. This makes budgeting easier and prevents disputes with landlords over what you owe.
Prorated Rent Calculator Formula Breakdown
Formula
Daily rent rate = Monthly rent ÷ Days in the month
Days occupied = Days in month - Move day + 1 (for moving in) OR Move day (for moving out)
Prorated rent = Daily rent rate × Days occupied
Total first month costs = Prorated rent + Additional move costs
Variables Explained
- Monthly rentThe full monthly rent amount as stated in your lease agreement. This is the base amount used to calculate your daily rate, typically found in your rental contract or lease documents.
- Move dayThe specific day of the month you're moving in or out. For move-ins, this is when you get your keys and start occupying the space. For move-outs, this is your last day in the property.
- MonthThe month you're moving, which determines how many days are used in the calculation. Different months have different numbers of days (28-31), affecting your daily rent rate.
- Additional move costsExtra fees beyond rent that you need to pay upfront, such as security deposits, pet deposits, application fees, or agent/broker fees. These are typically due with your first month's payment.
- Type of prorated rentWhether you're calculating for moving in (paying for the remainder of the month) or moving out (paying for the days you occupied). This determines how the occupied days are calculated.
Example Calculation
Given:
- Monthly rent: $2,000
- Move day: 4th
- Month: July (31 days)
- Additional move costs: $400
- Type of prorated rent: Moving-in
Calculation:
Daily rent rate: $2,000 ÷ 31 days = $64.52 per day
Days occupied: 31 - 4 + 1 = 28 days
Prorated rent: $64.52 × 28 days = $1,806.56
Total first month costs: $1,806.56 + $400 = $2,206.56
Result:
$2,206.56Explanation
This example shows a tenant moving into a $2,000/month apartment on July 4th with $400 in additional move-in costs. Instead of paying the full month's rent, they only pay for the 28 days they'll actually live there, plus their move-in fees.
Tips for Using Prorated Rent Calculator
- 💡Get prorated rent agreements in writing before signing your lease—not all landlords offer it, and having it documented prevents disputes later.
- 💡Double-check the calculation method with your landlord since some use a standard 30-day month while others use the actual days in each month.
- 💡Factor in your move-in timeline when budgeting—moving mid-month might save on prorated rent but could increase moving costs if you need storage or temporary housing.
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