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    henriettabinns's Avatar
    henriettabinns Posts: 1, Reputation: 1
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    #1

    Jun 18, 2009, 09:09 AM
    How do I prorate rent?
    Lease starts July3, ends July 2. Rent is paid on 7th day each month. Thank you.
    h_leann_b's Avatar
    h_leann_b Posts: 247, Reputation: 35
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    #2

    Jun 18, 2009, 09:45 AM

    Generally the easiest way to pro-rate rent is to figure out how much it costs per day; take the amount of the rent and divide by the days in the month.

    So for example if the rent was $800/month you would divide 800 by 30(days in the month); which ends up being about $26.67/day. So if they were staying 10 days out of a month it would be about $266.70 (26.67{amount per day} X 10 {days staying})

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