Monthly Rent Report
Gramercy Park Rent Report — August 2022
Asking rents in ZIP 90047, Los Angeles, from 221 listings.
Median 1BR rent in Gramercy Park was $1,875 in August 2022, up 25.4% (+$380) from July 2022 and up 10.3% year-over-year. The middle half of 1BR listings asked between $1,725 and $1,875. That puts Gramercy Park $220 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 221 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2022 | Vs. August 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$5 (-0.3%) | −$1,005 (-40.2%) | $1,495 – $1,495 | 1 |
| 1BR | $1,875 | +$380 (+25.4%) | +$175 (+10.3%) | $1,725 – $1,875 | 7 |
| 1BR | $1,875 | +$380 (+25.4%) | +$175 (+10.3%) | $1,800 – $1,880 | 4 |
| 2BR | $1,895 | −$605 (-24.2%) | −$350 (-15.6%) | $1,895 – $1,895 | 1 |
| 2BR | $2,245 | −$255 (-10.2%) | $0 (0.0%) | $2,225 – $2,845 | 43 |
| 3BR | $2,395 | −$480 (-16.7%) | −$460 (-16.1%) | $2,395 – $2,395 | 1 |
| 3BR | $2,855 | −$20 (-0.7%) | $0 (0.0%) | $2,745 – $2,945 | 120 |
| 4BR | $3,257 | +$57 (+1.8%) | +$157 (+5.1%) | $3,195 – $3,295 | 29 |
| 4BR | $3,257 | +$57 (+1.8%) | +$157 (+5.1%) | $3,195 – $3,295 | 15 |
Median, P25, and P75 are asking rents from listings posted in August 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — August 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,773 | −$277 (-15.7%) |
| 1BR | $1,875 | $2,095 | −$220 (-10.5%) |
| 1BR | $1,875 | $2,095 | −$220 (-10.5%) |
| 2BR | $1,895 | $2,880 | −$985 (-34.2%) |
| 2BR | $2,245 | $2,880 | −$635 (-22.0%) |
| 3BR | $2,395 | $3,795 | −$1,400 (-36.9%) |
| 3BR | $2,855 | $3,795 | −$940 (-24.8%) |
| 4BR | $3,257 | $5,200 | −$1,943 (-37.4%) |
| 4BR | $3,257 | $5,200 | −$1,943 (-37.4%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.