What Is Prorated Rent and How to Calculate It

Learn about prorated rent and how to calculate it as a landlord, whether your tenant is moving in or out mid-month.

Updated September 12, 2024 | Written by Jana Freer
Reviewed by Susan Chai, Esq.

When you move into a new property in the middle of the month, you may not want to pay an entire month’s rent. Instead, you may seek out another option: prorated rent.

However, there is often a lot of confusion over what prorated is and how to calculate it.

Here are the answers to your burning questions about prorating that you’ve been too embarrassed to ask.