Enter the monthly rent ($) and the rebate rate (%) into the Calculator. The calculator will evaluate the Rent Rebate. 

Rent Rebate Formula

RR = MR * Rr/100

Variables:

  • RR is the Rent Rebate (%)
  • MR is the monthly rent ($)
  • Rr is the rebate rate (%)

To calculate Rent Rebate, multiply the monthly rent by the rebate rate over 100.

How to Calculate Rent Rebate?

The following steps outline how to calculate the Rent Rebate.

  1. First, determine the monthly rent ($). 
  2. Next, determine the rebate rate (%). 
  3. Next, gather the formula from above = RR = MR * Rr/100.
  4. Finally, calculate the Rent Rebate.
  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.

monthly rent ($) = 4000

rebate rate (%) = 10