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

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## Daily Rent Formula

The following formula is used to calculate the Daily Rent.

Rd = Rm * 12 / 365

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

To calculate the daily rent, multiply the monthly rent by 12, then divide by 365.

## How to Calculate Daily Rent?

The following example problems outline how to calculate Daily Rent.

**Example Problem #1:**

- First, determine the total monthly rent ($). In this example, the total monthly rent ($) is given as 2500.
- 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)