Enter the total monthly rent ($) into the calculator to determine the Daily Rent. 

Daily Rent Formula

The following formula is used to calculate the Daily Rent. 

Rd = Rm * 12 / 365

  • Where Rd  is the Daily Rent ($/day)
  • Rm is the total monthly rent ($) 

How to Calculate Daily Rent?

The following example problems outline how to calculate Daily Rent.

Example Problem #1:

  1. First, determine the total monthly rent ($). In this example, the total monthly rent ($) is given as 2500.
  2. Finally, calculate the Daily Rent using the equation above: 

Rd = Rm * 12 / 365

The values given above are inserted into the equation below:

Rd = 2500 * 12 / 365 = 82.19 ($/day)


Example Problem #2: 

The variables needed for this problem are provided below:

total monthly rent ($) = 1500

Entering these values and solving gives:

Rd = 1500 * 12 / 365 = 49.31 ($/day)