How it works
Choose the billing period and method. The start date is included; you decide whether the end date is billable.
Property management calculator
This free prorated rent calculator works out rent for a partial occupancy period — a move-in or move-out date that falls mid-month. Pick the actual-days, 30-day, or 365-day method, and the calculator shows the daily rate and billable days behind the final number, no account needed.
Estimates for planning only, based on the numbers you enter. Not financial, tax, or legal advice.
Choose the billing period and method. The start date is included; you decide whether the end date is billable.
Prorated rent = daily rent × billable days. Daily rent uses actual days, 30 days, or annual rent divided by 365.
At $2,000 monthly rent in a 31-day month, the actual-days daily rent is about $64.52.
Lease terms and local practice can specify the required method and whether move-out day is charged. Confirm the applicable agreement.
Prorated rent covers only the days a tenant actually occupies a unit during a partial billing period — most often the month a tenant moves in or out. Divide the monthly (or annual) rent down to a daily rate, then multiply by the number of billable days. The three common methods differ only in how that daily rate is found: actual days in the specific month, a flat 30-day month, or annual rent divided by 365.
Worked example: rent is $1,800 a month and a tenant moves in on June 10. June has 30 days, so under the actual-days method the daily rate is $1,800 ÷ 30 = $60. With the move-in date counted, the tenant owes rent for 21 days (June 10 through June 30): 21 × $60 = $1,260 for that first partial month.
Once the amount is settled, document the payment with our Rent Receipt Generator or log it straight into the Tenant Ledger.
Estimate a monthly rent budget from income and housing costs.
Estimate net operating income and capitalization rate.
Compare percentage, flat, and combined management fees.
Calculate a new rent amount after a percentage or fixed increase.
Estimate rental income lost while a unit sits vacant.
Calculate cash-on-cash return from rental income, expenses, financing, and cash invested.