Monthly Rent Report
Gramercy Park Rent Report — December 2021
Asking rents in ZIP 90047, Los Angeles, from 38 listings.
Median 1BR rent in Gramercy Park was $1,470 in December 2021, down 4.1% (−$62) from November 2021 and down 5.2% year-over-year. The middle half of 1BR listings asked between $1,470 and $1,470. That puts Gramercy Park $503 below the Los Angeles citywide 1BR median of $1,973. The month's figures are based on 38 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2021 | Vs. December 2020 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$100 (+7.2%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,470 | −$62 (-4.1%) | −$80 (-5.2%) | $1,470 – $1,470 | 3 |
| 2BR | $2,675 | +$480 (+21.9%) | +$880 (+49.0%) | $2,675 – $2,675 | 1 |
| 3BR | $3,200 | +$300 (+10.3%) | +$903 (+39.3%) | $3,200 – $3,200 | 1 |
| 4BR | $3,195 | +$200 (+6.7%) | −$50 (-1.5%) | $3,195 – $3,295 | 32 |
Median, P25, and P75 are asking rents from listings posted in December 2021. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — December 2021
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,550 | −$55 (-3.5%) |
| 1BR | $1,470 | $1,973 | −$503 (-25.5%) |
| 2BR | $2,675 | $2,500 | +$175 (+7.0%) |
| 3BR | $3,200 | $3,650 | −$450 (-12.3%) |
| 4BR | $3,195 | $4,161 | −$966 (-23.2%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in December 2021.