Monthly Rent Report

Gramercy Park Rent Report — July 2021

Asking rents in ZIP 90047, Los Angeles, from 261 listings.

Median 1BR rent in Gramercy Park was $1,725 in July 2021, up 19.4% (+$280) from June 2021. The middle half of 1BR listings asked between $1,675 and $1,775. That puts Gramercy Park $120 below the Los Angeles citywide 1BR median of $1,845. The month's figures are based on 261 listings across 11 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2021Vs. Year AgoP25–P75 RangeListings
Studio$1,395$1,395 – $1,3951
1BR$1,725+$280 (+19.4%)$1,675 – $1,7754
1BR$1,750+$305 (+21.1%)$1,750 – $1,7501
2BR$2,045−$180 (-8.1%)$2,045 – $2,1483
2BR$2,245+$20 (+0.9%)$2,225 – $2,24544
3BR$2,845$0 (0.0%)$2,715 – $2,875167
3BR$3,200+$355 (+12.5%)$3,200 – $3,2001
4BR$3,195$0 (0.0%)$3,195 – $3,19519
4BR$3,195$0 (0.0%)$3,195 – $3,19519

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

Gramercy Park vs. Los AngelesJuly 2021

BedroomsGramercy Park MedianLos Angeles Citywide MedianDifference
Studio$1,395$1,525−$130 (-8.5%)
1BR$1,725$1,845−$120 (-6.5%)
1BR$1,750$1,845−$95 (-5.1%)
2BR$2,045$2,529−$483 (-19.1%)
2BR$2,245$2,529−$283 (-11.2%)
3BR$2,845$3,338−$492 (-14.8%)
3BR$3,200$3,338−$137 (-4.1%)
4BR$3,195$3,995−$800 (-20.0%)
4BR$3,195$3,995−$800 (-20.0%)

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

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