Lease dictionary
Prorated rent
Partial-month rent, charged only for the days you actually occupy the unit.
Prorated rent covers a partial month - moving in on the 20th means paying only for the days from the 20th on. The daily rate comes from dividing monthly rent by either the month's actual days or a flat 30.
Proration is convention, not usually law, so confirm the amount and method in writing before you sign.
Watch out
Confirm which divisor your landlord uses - on a $2,000 rent the two methods differ by real money in short and long months.
See it in action
The Prorated rent calculator puts this term to work for you.