Partial Rent Calculator

Formula

To calculate the Partial Rent (PR):

\[ PR = \frac{MR}{30.5} \times D \]

Where:

$PR$ is the Partial Rent ($)
$MR$ is the Monthly Rent ($)
$D$ is the Days Occupied

What is Partial Rent?

Partial rent is the amount of rent calculated based on the number of days a property is occupied within a month. It is useful for prorating rent when a tenant moves in or out partway through a month.

Example Calculation

Let's assume the following values:

Monthly Rent ($MR$) = $1500
Days Occupied ($D$) = 15

Using the formula:

\[ PR = \frac{1500}{30.5} \times 15 = 737.70 \text{ dollars} \]

The Partial Rent is $737.70.