Moving in or out mid-month? Enter the monthly rent and your date to see the prorated amount, the daily rate and the number of days charged, with all three common calculation methods side by side.
| Method | Daily rent | Days charged | Prorated rent |
|---|
Runs entirely in your browser. Nothing is uploaded to any server.
Avoid paying a full month for a partial stay.
Confirm the amount on your first or last bill.
Bill new tenants fairly and consistently.
Rent proration turns a monthly price into a daily one. The choice of divisor is what separates the methods, and over a single partial month the difference is usually small but real.
For a move-in on the 20th of a 30-day month, you occupy 11 days (20th to 30th inclusive). At $1,500 a month that is $50 a day, or $550 prorated.
Rent / days in that month.
Rent x 12 / days in the year.
Rent / 30, at most 30 days.
Daily rent multiplied by the days you occupy the unit. The most common daily rent is monthly rent divided by the number of days in that month.
The one in your lease. If the lease is silent, the days-in-month method is the most common. Some landlords use rent x 12 / 365, and some use a 30-day month.
Usually yes: if you get the keys on the 20th you pay for the 20th. Untick the option to exclude the move date if your lease says so.
From the 1st of the month up to and including the move-out day, unless you exclude the move date.
Daily rent changes with the divisor. In a 31-day month the days-in-month daily rate is lower than the 30-day banker rate, and in February it is higher.
More free tools from My Panda Toolbox.