When do I have to pay the rent?

The article was updated on 28. 8. 2024.

Wondering how the payment due dates are set and why? There's a simple system! Check out our explanations in this article.

First rent's due date
Second and other rents' due date
Where to find your rent list?

Rental payments have a given schedule that we show you within the listing detail before you create a booking request and is then also stated in the lease agreement itself.

Let's take a look at how the due dates are set and why!

First rent's due date

The payment of the first rent (along with other steps) is part of the lease signing process, which needs to be completed within 24 hours of the landlord's acceptance of your booking request. When the money for the first rent is credited to Flatio's account, the lease agreement becomes valid and your rented accommodation is prepaid for up to 30 days (depending on the length of your lease).

Second and other rents' due date

Since the first rent covers your stay for the first 30 days from the beginning of the rental period, additional rents are required only if your stay is longer than 30 days.

The due date of the next (second) rent is 10 days before the end of the prepaid period, or differently said, 20 days after the lease's beginning. Any subsequent rental payment has the same system, i.e. its due date is set to 10 days before the last covered period ends and therefore 20 days after the beginning of the previously prepaid period.

For better clarification, feel free to check out an example situation below.

Example situation

Imagine you have a booking for 24.05.-31.07. (69 days).

By paying the first rent during the lease signing process, you prepay your accommodation for the first 30 days from the start of the lease agreement, i.e. the period 24.05.-22.06. Then, there are 39 days left yet unpaid.
The due date of the second rent is within 20 days after the beginning of the prepaid period covered by the first rent, i.e. on 12.06. By this date, the money for the second rent must be physically credited to Flatio's account. The second rent covers another 30 days, i.e. the period 23.06.-22.07.
The same principle is then applied to the due date of the third and last rent, which proportionally covers only 9 days, i.e. the final period 23.07.-31.07. The due date of the third rent will again be within 20 days of the start of the last prepaid period, i.e. 12.7.

This schedule is here to protect you and your landlord. Please note that in case the rent is not covered by the due date, your landlord may terminate the lease agreement for gross violation, based on which you'll be obligated to vacate the premises by the last day covered by your previous payment. To avoid these stressful situations, we strongly recommend that you always pay the rent on time - we also send you reminder emails so you don't miss the due date.

Where to find your rent list?

The full rent list with the exact payment schedule applicable to you can be found in the My Housing web app. You can either:

Go to section Contracts and click the Sublease button with the PDF icon. The lease agreement will open and you'll find the complete rent list in Annex No. 1.
Go to section Payments and under the All payments section, click the "View history of payments" and the "View future payments" buttons to see all past and future payments that should be paid according to your lease agreement(s).