The rent your tenant pays for their first and last month depends on two factors:
Their exact move-in and move-out dates.
Your chosen rent calculation method for the listing.
You can choose to calculate rent on a daily, half-monthly, or monthly basis.
In this article:
Manage rent calculation
When you create a listing, you'll select how rent is calculated.
To change the method for an existing listing, go to Listing overview > Edit listing. Your new calculation method will only apply to new conversations.
Here are your options for calculating rent:
Daily basis: This method calculates rent per day. For any partial month (like the tenant's first or last month), they pay only for the exact number of days in their rental period. For all full calendar months, they pay the full month’s rent.
Example: If the tenant moves out on 10 April, they pay for 10 days in April.
Half-monthly basis: For the tenant's first and last months, the charge is based on a clear day count:
If they stay for 14 days or less in that month, they pay half a month’s rent.
If they stay for 15 days or more in that month, they pay the full month’s rent.
(For all other full months, they pay the full month's rent.)
Example: If the tenant moves out on 14 April, they pay half a month’s rent. If they move out on 15 April, they pay the full month's rent.
Monthly basis: The tenant always pays the full month’s rent, regardless of their move-in and move-out dates.
Example: If the tenant moves out on 10 April, they pay for the full month of April.
Remember the Second Month Adjustment
For all methods, the tenant pays their full first month's rent to HousingAnywhere to book. If your method (Daily or Half-monthly) results in an overpayment for that first month, you must deduct that extra amount from the tenant's second month's rent.
Understanding the different ways of calculating rent helps you set your rental terms confidently. Our goal is to make managing your listings as clear and straightforward as possible, helping you attract the right tenants for your properties.