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Grade 7 Rent Calculation Worksheet

Calculate monthly, weekly, and daily rent, understand security deposits, and practice budgeting for rent and utilities.

Grade 7 Math Financial LiteracyRent Calculation
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Fill in the Blanks2 Short AnswerMultiple Choice

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7.RP.A.37.EE.B.3
6 sections · Free to use · Printable
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Rent Calculation Worksheet

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Read each question carefully and calculate the answers. Show your work where requested.

1. The money paid regularly by a tenant to a landlord for the use of property is called  .

2. An amount of money paid to the landlord at the beginning of a lease to cover any damages or unpaid rent is called a  .

3. Costs associated with living in a home, such as electricity, water, and gas, are known as  .

1. If an apartment costs $900 per month, how much would a tenant pay in rent over one year?

2. Sarah pays $1,200 every month for her apartment. How much does she pay in rent over a 6-month period?

1. A landlord requires a security deposit equal to one and a half months' rent. If the rent is $800 per month, how much is the security deposit?

a

$800

b

$1,200

c

$1,600

d

$2,000

1. Mark's monthly rent is $1,050. His average utility bill is $180 per month. How much money should Mark budget each month for housing expenses (rent + utilities)?

2. Emily found an apartment for $950 per month. She estimates utilities will be $150 and she wants to save an additional $50 each month for unexpected housing costs. What is her total monthly housing budget?