Free tool
Prorated Rent Calculator
The Prorate Rent Calculator will help you determine what rent to charge when someone moves in mid-month.
Your results
- Total Billable Rent Days
- —
- Rent Amount Per Day
- —
- Prorated rent to charge
- —
Numbers or rent amounts are not saved.
The Prorate Rent Calculator will help you determine what rent to charge when someone moves in mid-month. This helpful tool will save you a lot of time and also allow you to quickly change the numbers to show what your rent amount could be based on timing.
The Proration Rent Calculator will also show you the "Total Billable Rent Days", "Rent Amount Per Day", and what to ultimately charge for when tenants move in on any other day besides the first. Numbers or rent amounts are not saved.
If you have any questions, please reach out to us. REI Avenue Support
Prorated Rent Calculator FAQ
Additional Prorated Rent Calculator Answers Below
What is Prorated Rent?
Prorated rent means your tenants only pay for the days they occupy a home. This allows people to only pay for the portion or number of days the home is occupied.
Can rent proration be used when a tenant leaves early?
Yes, the calculator works the same if a tenant leaves early and your contract states that you will prorate the rent based on when a tenant exits.
Why are there so many decimals?
We provided a long string of decimals so landlords, property managers, and real estate investors can choose to round up or down as needed or not at all. We believe more info is better.
Why include number of days in a month?
Given that most months have 30 or 31 days we wanted to also account for a leap year. Additionally, this allows for partial payment calculations as well as calculating daily rates for rent payments.
How do we contact you if we have additional questions?
Please contact REI Avenue (Real Estate Investors Avenue) on our contact page.
Signup to Receive Tools & Tips
Curiosity Pays Dividends: Signup today to be notified of our launch and receive a discount.