Monthly Rent Report
Gramercy Park Rent Report — August 2021
Asking rents in ZIP 90047, Los Angeles, from 223 listings.
Median 1BR rent in Gramercy Park was $1,700 in August 2021, down 2.9% (−$50) from July 2021. The middle half of 1BR listings asked between $1,700 and $1,700. That puts Gramercy Park $163 below the Los Angeles citywide 1BR median of $1,863. The month's figures are based on 223 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2021 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,500 | +$1,105 (+79.2%) | — | $2,500 – $2,500 | 1 |
| Studio | $2,500 | +$1,105 (+79.2%) | — | $2,500 – $2,500 | 1 |
| 1BR | $1,700 | −$50 (-2.9%) | — | $1,700 – $1,700 | 1 |
| 1BR | $1,700 | −$50 (-2.9%) | — | $1,700 – $1,700 | 1 |
| 2BR | $1,750 | −$295 (-14.4%) | — | $1,750 – $1,750 | 2 |
| 2BR | $2,245 | +$200 (+9.8%) | — | $2,225 – $2,845 | 61 |
| 3BR | $2,900 | −$300 (-9.4%) | — | $2,900 – $2,900 | 1 |
| 3BR | $2,855 | −$345 (-10.8%) | — | $2,745 – $2,875 | 137 |
| 4BR | $3,100 | −$95 (-3.0%) | — | $3,100 – $3,100 | 1 |
| 4BR | $3,195 | $0 (0.0%) | — | $3,195 – $3,195 | 17 |
Median, P25, and P75 are asking rents from listings posted in August 2021. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — August 2021
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,500 | $1,549 | +$952 (+61.4%) |
| Studio | $2,500 | $1,549 | +$952 (+61.4%) |
| 1BR | $1,700 | $1,863 | −$162 (-8.7%) |
| 1BR | $1,700 | $1,863 | −$162 (-8.7%) |
| 2BR | $1,750 | $2,680 | −$930 (-34.7%) |
| 2BR | $2,245 | $2,680 | −$435 (-16.2%) |
| 3BR | $2,900 | $3,595 | −$695 (-19.3%) |
| 3BR | $2,855 | $3,595 | −$740 (-20.6%) |
| 4BR | $3,100 | $4,350 | −$1,250 (-28.7%) |
| 4BR | $3,195 | $4,350 | −$1,155 (-26.6%) |
Citywide figure is the median of zip-level medians across 125 Los Angeles zip codes with listings in August 2021.