Monthly Rent Report

Gramercy Park Rent Report — November 2021

Asking rents in ZIP 90047, Los Angeles, from 7 listings.

Median 1BR rent in Gramercy Park was $1,533 in November 2021, up 2.2% (+$34) from October 2021 and down 4.2% year-over-year. The middle half of 1BR listings asked between $1,501 and $1,564. That puts Gramercy Park $365 below the Los Angeles citywide 1BR median of $1,898. The month's figures are based on 7 listings across 6 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2021Vs. November 2020P25–P75 RangeListings
Studio$1,395$0 (0.0%)$1,395 – $1,3951
1BR$1,533+$34 (+2.2%)−$67 (-4.2%)$1,501 – $1,5642
2BR$2,195−$185 (-7.8%)+$45 (+2.1%)$2,195 – $2,1951
2BR$2,045−$335 (-14.1%)−$105 (-4.9%)$2,045 – $2,0451
3BR$2,900+$500 (+20.8%)+$25 (+0.9%)$2,900 – $2,9001
4BR$2,995−$5 (-0.2%)−$105 (-3.4%)$2,995 – $2,9951

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

Gramercy Park vs. Los AngelesNovember 2021

BedroomsGramercy Park MedianLos Angeles Citywide MedianDifference
Studio$1,395$1,520−$125 (-8.2%)
1BR$1,533$1,898−$365 (-19.2%)
2BR$2,195$2,550−$355 (-13.9%)
2BR$2,045$2,550−$505 (-19.8%)
3BR$2,900$3,595−$695 (-19.3%)
4BR$2,995$4,420−$1,425 (-32.2%)

Citywide figure is the median of zip-level medians across 123 Los Angeles zip codes with listings in November 2021.

Advertisement