Investor Tool

Prorated Rent Calculator

Figure out the exact rent for a partial move-in month. Enter the rent, the move-in date, and the calculation method — get the daily rate, days occupied, and the precise amount due in seconds.

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The exact rent for a partial month

Set the rent and move-in date. The results update instantly — no waiting, no email gate.

Lease Details

$1,900.00
Day 15

The day the tenant takes possession.

Actual days uses the real days in the month. Banker's year assumes 30 days — common in commercial leases.

Prorated Rent Due
$1,013.33

For 16 days of occupancy in November 2026 — move-in day 15 through month end.

Days in Month
30
Daily Rate
$63.33
Days Occupied
16

November 2026 — Occupancy Timeline

Unpaid 14d
Paid 16d
Day 1Move-in: Day 15Day 30
Full month rent$1,900.00
Less unpaid days− $886.67
Prorated amount due$1,013.33

When to use which method

Actual days is the standard for residential leases — divide monthly rent by the real number of days in that month. Banker's year (30 days) is simpler and common in commercial leases, but it slightly over-prorates in 31-day months and under-prorates in February. Put the agreed method in the lease to avoid disputes. The next full rent payment is due December 1, 2026.

Want rent collection this clean, every month?

Prorated move-ins are easy to get wrong. Our rent collection handles proration, late fees, and direct deposit automatically — so every tenant pays the right amount on time, without you doing the math.

Disclaimer: This calculator produces a prorated rent estimate based on the inputs and method you select. The actual amount due is governed by your lease — always confirm the proration method (actual days vs. banker's year) and billing date in the lease agreement before collecting. This is not legal or financial advice.

The Guide

How prorated rent works — and how to get it right

When a tenant moves in mid-month, they don't owe a full month's rent — they owe a prorated amount for the days they actually occupy the unit. It sounds simple, but landlords and tenants disagree about it constantly because there's more than one way to calculate it. This guide walks through the two standard methods so the number on the lease matches the number in everyone's head.

Method 1: Actual days in the month

The standard for residential leases. You divide the monthly rent by the real number of days in that month (31 in January, 28 or 29 in February, etc.) to get a daily rate, then multiply by the days the tenant occupies. A $1,900 rent in a 31-day month gives a daily rate of about $61.29; the same rent in February gives about $67.86. This is the most accurate method and the one most residential leases use.

Method 2: Banker's year (30 days)

Simpler and common in commercial leases. You assume every month has 30 days, so the daily rate is always monthly rent ÷ 30. A $1,900 rent gives a flat $63.33/day regardless of the month. It's easier to calculate but slightly over-prorates in 31-day months and under-prorates in February. If your lease specifies this method, use it — consistency matters more than the small difference.

Which days count — and the move-in day question

The most common dispute isn't the method, it's whether the move-in day itself counts. The standard convention is that the tenant pays for the day they take possession — so a move-in on the 15th of a 30-day month means 16 days of prorated rent (the 15th through the 30th). This calculator uses that convention. Put it in the lease so there's no argument at move-in.

Next step: rent collection that handles this for you

Proration is easy to get wrong and tedious to track. Our rent collection service calculates prorated move-ins, applies late fees automatically, and deposits rent directly to you — so every tenant pays the right amount on time without you doing the math. For a rent number backed by real Metro Detroit comparables, request a free rental analysis.

Calculator FAQ

Prorated rent — common questions

Straight answers on the methods, the move-in day, and how to use the result.

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