How Is Discounted Rent Calculated?

If that makes any sense.. My rent is 1250 a month & I moved in on the 11th of May. The manager said I would be discounted for next months rent, does anyone know how it’s discounted, is it percentage or by days minus the rent amount ??

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One Response to “How Is Discounted Rent Calculated?”

  1. areyouth says:

    Ask him to be 100% sure but most places calculate per day so divide 30 days by 1250 and there ya go. Known as prorating the rent. 791.66 would be your rent for June if he uses this method.

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