Monthly Rent Report
Gramercy Park Rent Report — April 2022
Asking rents in ZIP 90047, Los Angeles, from 7 listings.
Median 1BR rent in Gramercy Park was $1,600 in April 2022, down 16.8% (−$324) from March 2022 and down 1.4% year-over-year. The middle half of 1BR listings asked between $1,600 and $1,600. That puts Gramercy Park $438 below the Los Angeles citywide 1BR median of $2,038. The month's figures are based on 7 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2022 | Vs. April 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | +$95 (+6.8%) | +$100 (+7.2%) | $1,495 – $1,495 | 1 |
| 1BR | $1,600 | −$324 (-16.8%) | −$22 (-1.4%) | $1,600 – $1,600 | 2 |
| 2BR | $2,100 | −$375 (-15.2%) | −$135 (-6.0%) | $2,100 – $2,100 | 1 |
| 3BR | $2,300 | −$925 (-28.7%) | −$700 (-23.3%) | $2,300 – $2,300 | 1 |
| 3BR | $3,900 | +$675 (+20.9%) | +$900 (+30.0%) | $3,900 – $3,900 | 1 |
| 4BR | $3,750 | +$555 (+17.4%) | +$555 (+17.4%) | $3,750 – $3,750 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — April 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,575 | −$80 (-5.1%) |
| 1BR | $1,600 | $2,038 | −$438 (-21.5%) |
| 2BR | $2,100 | $2,795 | −$695 (-24.9%) |
| 3BR | $2,300 | $3,850 | −$1,550 (-40.3%) |
| 3BR | $3,900 | $3,850 | +$50 (+1.3%) |
| 4BR | $3,750 | $4,998 | −$1,247 (-25.0%) |
Citywide figure is the median of zip-level medians across 127 Los Angeles zip codes with listings in April 2022.