Monthly Rent Report
Gramercy Park Rent Report — May 2022
Asking rents in ZIP 90047, Los Angeles, from 18 listings.
Median 1BR rent in Gramercy Park was $1,750 in May 2022, up 9.4% (+$150) from April 2022 and unchanged year-over-year. The middle half of 1BR listings asked between $1,738 and $1,750. That puts Gramercy Park $200 below the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 18 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. May 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | $0 (0.0%) | — | $1,495 – $1,495 | 1 |
| 1BR | $1,750 | +$150 (+9.4%) | $0 (0.0%) | $1,738 – $1,750 | 4 |
| 2BR | $2,200 | +$100 (+4.8%) | +$45 (+2.1%) | $2,200 – $2,200 | 1 |
| 2BR | $2,800 | +$700 (+33.3%) | +$645 (+29.9%) | $2,800 – $2,800 | 1 |
| 3BR | $3,425 | −$475 (-12.2%) | +$580 (+20.4%) | $3,388 – $3,463 | 2 |
| 3BR | $3,995 | +$95 (+2.4%) | +$1,150 (+40.4%) | $3,995 – $3,995 | 1 |
| 4BR | $3,500 | −$250 (-6.7%) | +$305 (+9.5%) | $3,500 – $3,500 | 1 |
| 4BR | $3,500 | −$250 (-6.7%) | +$305 (+9.5%) | $3,500 – $3,500 | 6 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — May 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,620 | −$125 (-7.7%) |
| 1BR | $1,750 | $1,950 | −$200 (-10.3%) |
| 2BR | $2,200 | $2,800 | −$600 (-21.4%) |
| 2BR | $2,800 | $2,800 | $0 (0.0%) |
| 3BR | $3,425 | $3,995 | −$570 (-14.3%) |
| 3BR | $3,995 | $3,995 | $0 (0.0%) |
| 4BR | $3,500 | $5,100 | −$1,600 (-31.4%) |
| 4BR | $3,500 | $5,100 | −$1,600 (-31.4%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.