Monthly Rent Report
Gramercy Park Rent Report — July 2022
Asking rents in ZIP 90047, Los Angeles, from 101 listings.
Median 1BR rent in Gramercy Park was $1,495 in July 2022, down 25.3% (−$505) from June 2022 and down 14.6% year-over-year. The middle half of 1BR listings asked between $1,495 and $1,495. That puts Gramercy Park $605 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 101 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2022 | Vs. July 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | +$260 (+21.0%) | +$105 (+7.5%) | $1,500 – $1,500 | 4 |
| Studio | $1,500 | +$260 (+21.0%) | +$105 (+7.5%) | $1,500 – $1,500 | 1 |
| 1BR | $1,495 | −$505 (-25.3%) | −$255 (-14.6%) | $1,495 – $1,495 | 1 |
| 1BR | $1,495 | −$505 (-25.3%) | −$255 (-14.6%) | $1,495 – $1,495 | 1 |
| 2BR | $2,500 | +$255 (+11.4%) | +$455 (+22.2%) | $2,245 – $2,845 | 22 |
| 2BR | $2,500 | +$255 (+11.4%) | +$455 (+22.2%) | $2,500 – $2,500 | 1 |
| 3BR | $2,875 | −$1,275 (-30.7%) | −$325 (-10.2%) | $2,745 – $2,945 | 53 |
| 3BR | $2,600 | −$1,550 (-37.3%) | −$600 (-18.8%) | $2,600 – $2,600 | 1 |
| 4BR | $3,200 | −$95 (-2.9%) | +$5 (+0.2%) | $3,200 – $3,200 | 1 |
| 4BR | $3,200 | −$95 (-2.9%) | +$5 (+0.2%) | $3,195 – $3,295 | 15 |
Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — July 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,695 | −$195 (-11.5%) |
| Studio | $1,500 | $1,695 | −$195 (-11.5%) |
| 1BR | $1,495 | $2,100 | −$605 (-28.8%) |
| 1BR | $1,495 | $2,100 | −$605 (-28.8%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 2BR | $2,500 | $2,995 | −$495 (-16.5%) |
| 3BR | $2,875 | $3,900 | −$1,025 (-26.3%) |
| 3BR | $2,600 | $3,900 | −$1,300 (-33.3%) |
| 4BR | $3,200 | $5,273 | −$2,072 (-39.3%) |
| 4BR | $3,200 | $5,273 | −$2,072 (-39.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.