📅 Prorated Rent Calculator
Moving in or out in the middle of the month? Calculate your exact prorated rent.
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How many days will you actually hold the keys during this month?
Prorated Rent Amount
$0
Daily Rate: $0 / day
What is Prorated Rent?
Prorating rent means paying only for the days you actually occupy an apartment. If your lease starts on the 10th of the month, it wouldn't be fair to pay the landlord for the 9 days you didn't live there. A prorated rent calculator figures out your exact "daily rate" and multiplies it by the days you live in the unit.
How Landlords Calculate Daily Rent
There are two common methods landlords use to calculate the daily rent rate:
- Exact Days Method: The landlord divides the monthly rent by the exact number of days in that specific month (e.g. 31 days in May). This is the most common method.
- Banker's Year (Average Method): Some corporate landlords divide your yearly rent by 365 to get a standard daily rate, which averages out to 30.4 days per month. You can select this in the calculator above.
Frequently Asked Questions
Does move-in day count as a billable day? +
Yes. The day you receive the keys and your lease officially begins is considered day one of your occupancy, and you must pay for it.
Can I be charged full rent if I move out early? +
Yes. Most standard lease agreements state that rent is due on the 1st of the month in full. If you voluntarily leave on the 15th, the landlord is usually not legally obligated to refund you the rest of the month, unless you have specifically negotiated a prorated move-out.