Monthly Rent Report
Gramercy Park Rent Report — March 2022
Asking rents in ZIP 90047, Los Angeles, from 13 listings.
Median 1BR rent in Gramercy Park was $1,924 in March 2022, up 6.3% (+$115) from February 2022 and down 8.2% year-over-year. The middle half of 1BR listings asked between $1,924 and $1,924. That puts Gramercy Park in line with the Los Angeles citywide 1BR median of $1,900. The month's figures are based on 13 listings across 7 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2022 | Vs. March 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | — | — | $1,363 – $1,400 | 3 |
| 1BR | $1,924 | +$115 (+6.3%) | −$172 (-8.2%) | $1,924 – $1,924 | 1 |
| 2BR | $2,475 | −$425 (-14.7%) | +$250 (+11.2%) | $2,288 – $2,663 | 2 |
| 3BR | $3,800 | +$945 (+33.1%) | +$955 (+33.6%) | $3,800 – $3,800 | 1 |
| 3BR | $3,225 | +$370 (+13.0%) | +$380 (+13.4%) | $2,963 – $3,488 | 2 |
| 4BR | $3,195 | −$100 (-3.0%) | $0 (0.0%) | $3,195 – $3,245 | 3 |
Median, P25, and P75 are asking rents from listings posted in March 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — March 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,600 | −$200 (-12.5%) |
| 1BR | $1,924 | $1,900 | +$24 (+1.3%) |
| 2BR | $2,475 | $2,775 | −$300 (-10.8%) |
| 3BR | $3,800 | $3,700 | +$100 (+2.7%) |
| 3BR | $3,225 | $3,700 | −$475 (-12.8%) |
| 4BR | $3,195 | $4,500 | −$1,305 (-29.0%) |
Citywide figure is the median of zip-level medians across 124 Los Angeles zip codes with listings in March 2022.