1. What is Prorated Rent?

Prorated rent is a calculated amount of rent that a tenant pays for occupying a property for a partial month. It's based on the number of days the tenant actually occupies the unit compared to the total number of days in that month.

2. How Does the Calculator Work?

The calculator uses the prorated rent formula:

Where:

• \( \text{Rent} \) — Monthly rent amount (USD)
• \( \text{Days} \) — Number of days the tenant will occupy the property
• \( \text{Month Days} \) — Total number of days in the month

Explanation: The formula calculates the portion of monthly rent that corresponds to the actual days of occupancy.

3. When is Prorated Rent Used?

Details: Prorated rent is commonly used when a tenant moves in or moves out mid-month, during lease renewals with staggered dates, or for short-term rentals that don't cover full months.

4. Using the Calculator

Tips: Enter the full monthly rent amount, the number of days the property will be occupied, and the total days in the month (typically 30 or 31). All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Is prorated rent required by law?
A: Laws vary by location, but generally landlords must charge only for days the tenant occupies the unit.

Q2: How are month days calculated?
A: You can use actual days in the month (28-31) or a standard 30 days, depending on lease terms.

Q3: What if I move in on the 15th of a 31-day month?
A: You'd pay for 17 days (31 - 14), calculated as (Monthly Rent × 17/31).

Q4: Does this include utilities?
A: This calculates base rent only. Utilities may need separate proration if included in rent.

Q5: Can this be used for commercial leases?
A: Yes, the same principle applies, though commercial leases may have different terms.