How Prorated Rent Is Calculated

  // Calendar method (most common)

  Daily rate = Monthly rent ÷ days in that month

  Prorated rent = Daily rate × days you occupy

  // Banker's method (some landlords)

  Daily rate = Monthly rent ÷ 30

  Prorated rent = Daily rate × days occupied

Moving in on the 15th of a 30-day month means you pay half rent. Moving in on the 15th of a 31-day month means you pay 17/31 of the rent. The calendar method is slightly different each month — always clarify which method your landlord uses before signing.

When is prorated rent due?

Usually on or before your move-in date, along with the security deposit and sometimes first and last month's rent. Your lease should specify the exact amount and due date. If it doesn't, ask your landlord to put the prorated amount in writing before you move in.

Is it worth moving in mid-month?

Sometimes. Moving mid-month means lower first-month cost, but your lease anniversary will be mid-month forever — making budgeting slightly awkward. Moving on the 1st is simpler. Some landlords offer move-in incentives for mid-month starts (when units are harder to fill). If you can negotiate free rent for the prorated period, take it.

📅 Prorated Rent Calculator

How Prorated Rent Is Calculated