OpenRent Community

How should you pro rata rent?


#1

Hello,

Does anybody know what is the standard way to pro rata rent payments? I’m struggling to find any recommendations or guidance! Please help

Kirstie


#2

Hi Kirstie!

If the rent is paid monthly then it’s monthly rent multiplied by 12, and then that value divided by 365 for a daily rent.

Hope that helps!
Sam