Glossary Term
Prorated rent is a partial rent payment that covers only the days you actually occupy a unit during a partial month, instead of a full month's rent. It usually applies when you move in or out on a date other than the first or last day of the month. The landlord divides the monthly rent by the number of days to find a daily rate, then multiplies by the days you occupy.
In short
Prorated rent is a partial rent payment that covers only the days you actually occupy a unit during a partial month, instead of a full month's rent. It usually applies when you move in or out on a date other than the first or last day of the month. The landlord divides the monthly rent by the number of days to find a daily rate, then multiplies by the days you occupy.
Without proration you could pay a full month's rent for only a few days of occupancy, which can cost hundreds of dollars. Knowing how the math works lets you confirm your first or last payment is fair and catch overcharges.
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Divide the monthly rent by the number of days in the month to get a daily rate, then multiply by the number of days you occupy the unit. Some landlords use a flat 30-day month instead.
Not always. Whether proration applies often depends on your lease and local law, so confirm it in writing before you move in.
Yes, if you leave mid-month and your lease or landlord agrees. It is worth negotiating since proration is not automatic at move-out.
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