Enter the days occupied and the market rent for the home ($/month) into the Calculator. The calculator will evaluate the Occupational Rent. 

Occupational Rent Formula

OR = DO * MR/30.5

Variables:

  • OR is the Occupational Rent ($)
  • DO is the days occupied
  • MR is the market rent for the home ($/month)

To calculate Occupational Rent, multiply the days occupied by the market rent per day for the home or unit.

How to Calculate Occupational Rent?

The following steps outline how to calculate the Occupational Rent.

  1. First, determine the days occupied. 
  2. Next, determine the market rent for the home ($/month). 
  3. Next, gather the formula from above = OR = DO * MR/30.5.
  4. Finally, calculate the Occupational Rent.
  5. After inserting the variables 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.

days occupied = 15

market rent for the home ($/month) = 3000