Enter the monthly rent ($) and the days occupied into the calculator to determine the Partial Rent. 

Partial Rent Formula

The following formula is used to calculate the Partial Rent. 

PR = MR / 30.5 * D
  • Where PR is the Partial Rent ($)
  • MR is the monthly rent ($) 
  • #D is the days occupied 

To calculate the particle rent, divide the monthly rent by 30.5, then multiply by the number of days occupied.

How to Calculate Partial Rent?

The following example problems outline how to calculate Partial Rent.

Example Problem #1:

  1. First, determine the monthly rent ($). In this example, the monthly rent ($) is given as 1350.
  2. Next, determine the days occupied. For this problem, the days occupied is given as 10.
  3. Finally, calculate the Partial Rent using the equation above: 

PR = MR / 30.5 * #D

The values given above are inserted into the equation below:

PR = 1350 / 30.5 * 10 = 442.622 ($)


FAQ

What factors can affect the calculation of Partial Rent?

Factors that can affect the calculation of Partial Rent include the total monthly rent, the exact number of days the property is occupied during the month, and any variations in the month’s length (since the formula uses an average of 30.5 days per month). Changes in any of these variables will directly impact the calculated Partial Rent.

Can the Partial Rent formula be used for any type of rental property?

Yes, the Partial Rent formula can be applied to any type of rental property, including residential apartments, commercial spaces, and shared properties. However, it’s essential to ensure that the lease or rental agreement allows for partial rent calculations based on occupancy days.

How does the Partial Rent calculation benefit both landlords and tenants?

The Partial Rent calculation benefits landlords by ensuring they receive fair compensation for the actual days their property is occupied. For tenants, it provides a fair method to only pay for the days they occupy the property, which can be particularly beneficial for short-term leases or situations where the tenant moves in or out mid-month.