Prorated rent calculator
When a tenant moves in or out partway through a month, they usually pay only for the days they have the place. Enter the rent and the date to get the amount.
13 days at $41.67 a day from move-in through the end of the month.
The three ways to prorate
All three find a daily rate and multiply it by the number of days. They differ in how they find the daily rate, so check what your lease says.
| Method | Daily rate | $1,250 rent, move in Nov 18 (13 days) |
|---|---|---|
| Days in that month | Rent ÷ days in the month | $1,250 ÷ 30 × 13 = $541.67 |
| 365-day year | Rent × 12 ÷ 365 | $15,000 ÷ 365 × 13 = $534.25 |
| 30-day month | Rent ÷ 30 | $1,250 ÷ 30 × 13 = $541.67 |
The days-in-month method is the most common. It means a day costs a little more in February than in July. The 365-day method gives the same daily rate all year.
Count the days the right way
For a move-in, count the move-in day itself through the last day of the month. Moving in on November 18 means paying for the 18th through the 30th, which is 13 days. For a move-out, count from the 1st through the move-out day.
Record it as its own line
Put prorated rent on the ledger as a separate charge, then start the regular rent on the first full month. That keeps every month’s rent line the same and makes the history easy to read. See how to keep rent records.
LedgerLatch adds the prorated charge for you when you enter a new tenant, then posts full rent each month. Free for 1 unit.