Prorated Rent Calculator

Calculate exactly how much rent a tenant owes for a partial month. Works for both move-in and move-out dates.

Rent Details
$
1May 1531
Prorated Rent
$822.58
Daily Rate
$48.39
Days Occupied
17 of 31
Tenant Saves
$677.42
How It's Calculated
Full monthly rent$1,500.00
Days in May 202631 days
Daily rate$1,500.00 / 31 = $48.39
Days from May 15 to May 3117 days
Prorated rent owed$48.39 x 17 = $822.58
May 2026
Su
Mo
Tu
We
Th
Fr
Sa
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Move-in day
Days occupied

How to Calculate Prorated Rent

Prorated rent is the amount a tenant pays when they don't occupy the unit for a full calendar month. This typically happens during move-in or move-out. The standard method is to divide the monthly rent by the number of days in that month, then multiply by the number of days the tenant will occupy the unit.

The formula: (Monthly Rent / Days in Month) x Days Occupied = Prorated Rent

For example, if monthly rent is $1,500 and a tenant moves in on January 15th: $1,500 / 31 days = $48.39/day. From the 15th through the 31st is 17 days. So the prorated rent is $48.39 x 17 = $822.58.

Some landlords use a 30-day month for simplicity, but the most accurate and legally defensible method uses the actual number of days in the calendar month. This calculator uses the actual days method and accounts for leap years.

Looking for a tool to track all your rent payments? RentalSlate tracks payments, leases, and generates Schedule E tax reports for free.