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.
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: For the tenant's first and last months, they pay only for the exact number of days in their rental period – just like a hotel. For all other months, they pay the full month’s rent.
Example: If the tenant moves out on 3 April, they pay for 3 days in April.
Half-monthly basis: For the tenant's first and last months:
- If they stay half a month or less, they pay half that month’s rent.
- If they stay more than half a month, they pay the full month’s rent.
For all other months, they pay the full month’s rent.
Example: If the tenant moves out on 3 April, they pay half a month’s rent for April.
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 3 April, they pay for the full month of April.
Understanding the different ways of calculating rent helps you confidently set your rental terms. Our goal is to make managing your listings as clear and straightforward as possible, helping you attract the right tenants for your properties.