Monthly Rent Report

Gramercy Park Rent Report — May 2021

Asking rents in ZIP 90047, Los Angeles, from 477 listings.

Median 1BR rent in Gramercy Park was $1,600 in May 2021, down 1.4% (−$22) from April 2021. The middle half of 1BR listings asked between $1,575 and $1,683. That puts Gramercy Park $198 below the Los Angeles citywide 1BR median of $1,798. The month's figures are based on 477 listings across 8 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2021Vs. Year AgoP25–P75 RangeListings
1BR$1,600−$22 (-1.4%)$1,575 – $1,6833
1BR$1,750+$128 (+7.9%)$1,750 – $1,7501
2BR$2,225+$30 (+1.4%)$2,225 – $2,24551
2BR$2,155−$40 (-1.8%)$2,155 – $2,1551
3BR$2,845$0 (0.0%)$2,715 – $2,875191
3BR$2,845$0 (0.0%)$2,715 – $2,875183
4BR$3,195$0 (0.0%)$3,195 – $3,19524
4BR$3,195$0 (0.0%)$3,195 – $3,19523

Median, P25, and P75 are asking rents from listings posted in May 2021. Changes compare against the nearest prior month with data.

Gramercy Park vs. Los AngelesMay 2021

BedroomsGramercy Park MedianLos Angeles Citywide MedianDifference
1BR$1,600$1,798−$198 (-11.0%)
1BR$1,750$1,798−$48 (-2.7%)
2BR$2,225$2,450−$225 (-9.2%)
2BR$2,155$2,450−$295 (-12.0%)
3BR$2,845$3,295−$450 (-13.7%)
3BR$2,845$3,295−$450 (-13.7%)
4BR$3,195$3,990−$795 (-19.9%)
4BR$3,195$3,990−$795 (-19.9%)

Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in May 2021.

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