Enter the base monthly rent, any additional monthly charges (optional), and the holdover period (by dates or months) into the calculator to estimate the holdover rent using any applicable holdover multipliers.
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Holdover Rent Formula
A common lease-based approach is to calculate holdover rent as the normal rent for the charged holdover period, multiplied by any holdover premium (multiplier) specified in the lease or applicable law.
H = M \times P \times \frac{k}{100}Variables:
- H is the total holdover rent (in dollars) for the charged holdover period
- M is the monthly rent used as the basis (often base rent, or base rent + additional monthly charges if your lease defines holdover on a “gross” basis)
- P is the charged holdover period in months (after subtracting any grace period, if applicable)
- k is the holdover multiplier as a percentage (for example, 150 means 1.5× the normal rent rate)
To calculate holdover rent for a single rate, multiply the monthly rent basis by the charged holdover period and the holdover multiplier. If your lease uses step-ups (tiers) over time (for example 150% for the first month and 200% thereafter), calculate each tier separately for its portion of the holdover period and add the results. Some leases prorate partial months daily (such as using actual days in month or a 30‑day convention), which is what the calculator above supports.
What is Holdover Rent?
Holdover rent refers to rent charged when a tenant remains in a rental property after the lease term ends. Depending on the facts and local law, staying over can become a landlord-consented periodic tenancy (such as month-to-month) or, if the landlord does not consent, a tenancy at sufferance. The amount charged during the holdover period depends on the lease and applicable law: it may be the same as the prior rent or it may include a premium (often stated as a percentage such as 150%–200% of base rent) and may be prorated by month or by day.
How to Calculate Holdover Rent?
The following steps outline how to calculate the Holdover Rent.
- First, determine the monthly rent basis (M) (for example, base rent only, or base rent plus additional charges if your lease defines holdover on a “gross” basis).
- Next, determine the charged holdover period (P) in months (or determine the holdover dates and convert/prorate to a monthly amount), excluding any grace period if applicable.
- Next, determine the holdover multiplier (k) from the lease or applicable law (for example, 150% for the first month, 200% thereafter).
- Next, calculate the holdover rent. For a single rate, use H = M × P × (k/100). For tiered step-ups, calculate each tier’s amount and add them together.
- After inserting the values and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
Monthly Rent Amount (M) = $1000
Holdover Period (P) = 3 months
If the lease specifies a 150% holdover rate (k = 150), then H = 1000 × 3 × (150/100) = $4,500. If there is no holdover premium (k = 100), then H = 1000 × 3 × (100/100) = $3,000.