How to Prorate Rent
To calculate prorated rent, start by dividing your monthly rent by the number of days in the month. For example, if it's September and your rent is $900 a month, divide $900 by 30 to get $30 a day. Then, multiply the daily rent by how many days you'll be renting the apartment before the first day of the next month. If, for example, you moved in on September 20, multiply the daily rate by 11, since there are 11 days until October 1.
Calculate daily rent. Total monthly rent is the amount of rent charged every month that the tenant will occupy the apartment, condo or house for a full month. Divide the total monthly rent amount by the number of days in the month to determine a daily rent rate. Use the current month. January, March, May, July, August, October and December have 31 days. April, June, September and November have 30 days. February has 28 days except for leap years, when it has 29 days. For example, in September, if you were paying $900 a month, you would divide 900 by 30 since September has 30 days. This equals a daily rent rate of $30. Calculate prorated rent. Multiply this daily rent rate by the total number of occupancy days to determine the prorated rent amount. Number of occupancy days is how many days you will be renting the apartment before the first day of the next month begins. For example, if you moved in on September 20, your number of occupancy days is 11 (just like hotels book rooms, you include the day you move in). 11 days x 30$/day = 330$ total. ANSWER = [(rent for a month) / 30] x # of days you're staying Calculate yearly rent. This is the most appropriate option when dealing with a year long lease. Multiply the monthly rent amount by 12 in order to get the total yearly rent amount. Monthly rent is the amount of rent charged every month that the tenant will occupy the apartment, condo or house a full month. For example, a tenant might pay $900 per month. $900 x 12 = $10,800 in rent per year. Calculate daily rent. Divide the total yearly rent amount by 365 (the number of days in the year) in order to get the daily prorated rent amount. For example, if your yearly rent amount is 10,800$, 10,8000/365=29.5$ in rent per day. For yearly rent, it does not matter which month you are currently in. Calculate prorated rent. Multiply the daily prorated rent amount by the number of occupancy days remaining in the month to get the prorated rent amount. Number of occupancy days is how many days you will be renting the apartment before the first day of the next month begins. For example, if you moved in on September 20, your number of occupancy days is 11 (just like hotels book rooms, you include the day you move in). 11 days x 29.5$/day = 324.50$ total. ANSWER = [(rent for a year) / 365] x # of days you're staying Calculate total monthly or yearly utilities. Depending on if you are going to use either the “days in a year” or “days in a month” method to calculate your prorated rent amount, determine the respective cost of your utilities. For example, your utilities might be 50$/month, or 600$/year. Add utilities cost to rent cost. For whatever method you are using, add the calculated utility cost to the calculated rent cost to create a sum of total money you owe the landlord per month, or per year. Include here other landlord paid/reimbursed expenses if applicable. In mathematical format: rent rate + utility rate = total $$ you owe the landlord For example, if monthly rent is 900$ and monthly utilities is 50$, then your total sum of money owed to the landlord each month is 950$. For example, If yearly rent is 10,800$ and yearly utilities is $600, then you owe the landlord $11,400 each year. Calculate prorated rent total. Use either the “days in a year” or “days in a month” method to calculate your prorated rent amount. In your equations, replace your total monthly or yearly rent amount with this calculated total sum of rent and utilities. For monthly rent: ANSWER = [(rent + utilities for a month) / 31] x # of days you're staying For yearly rent: ANSWER = [(rent + utilities for a year) / 365] x # of days you're staying 
Calculate daily rent. Calculate prorated rent. Calculate yearly rent. Calculate daily rent. Calculate prorated rent. Calculate total monthly or yearly utilities. Add utilities cost to rent cost. Calculate prorated rent total. 