Rent Calculator – Determine Your Affordable Rent
The Rent Calculator helps you estimate weekly, bi-weekly, or monthly rent payments based on your total rent amount and payment frequency. Whether you're a tenant, landlord, or sharing rent with roommates, this tool simplifies housing budget planning.
How to Use the Rent Calculator
Enter the following details:
- Total rent amount (monthly or yearly)
- Payment frequency – weekly, bi-weekly, or monthly
- Optional: Number of roommates to split rent
The calculator will provide the breakdown of your rent payments and individual shares (if splitting).
Rent Calculation Formula
- Weekly Rent = Monthly Rent × 12 ÷ 52
- Daily Rent = Monthly Rent × 12 ÷ 365
- Rent Per Person = Total Rent ÷ Number of People
Example
Monthly Rent: $1,200
Roommates: 3
→ Weekly Rent = 1200 × 12 ÷ 52 = $276.92
→ Rent Per Person = $1200 ÷ 3 = $400/month
Common Use Cases
- Rent sharing between roommates
- Landlords calculating tenant invoices
- Budgeting for apartment hunting
- Comparing rent offers with different billing cycles
- Rental property financial planning
Why Use a Rent Calculator?
Rent costs often differ based on frequency and sharing. This calculator ensures clarity and helps both landlords and tenants avoid confusion, disputes, and miscalculations.
Frequently Asked Questions (FAQs)
How do I convert monthly rent to weekly rent?
Multiply the monthly rent by 12 and divide by 52 to get the equivalent weekly rent.
Can this calculator split rent between roommates?
Yes, you can enter the number of people and it will divide the rent evenly.
Does it account for utilities or deposits?
No, this calculator is for base rent only. Add utility or deposit costs separately.
How accurate is the daily rent estimate?
It uses 365 days per year (not 360) for precise daily calculation.
Can landlords use this for invoices?
Yes, it's helpful for setting rent schedules and calculating partial-month payments.
Related tools: Money Calculator.