Monthly Rent Report
Gramercy Park Rent Report — October 2022
Asking rents in ZIP 90047, Los Angeles, from 96 listings.
Median 1BR rent in Gramercy Park was $1,795 in October 2022, down 14.5% (−$305) from September 2022 and up 19.7% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Gramercy Park $301 below the Los Angeles citywide 1BR median of $2,096. The month's figures are based on 96 listings across 9 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2022 | Vs. October 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | — | −$290 (-15.8%) | $1,550 – $1,550 | 1 |
| 1BR | $1,795 | −$305 (-14.5%) | +$296 (+19.7%) | $1,795 – $1,795 | 1 |
| 1BR | $1,645 | −$455 (-21.7%) | +$146 (+9.7%) | $1,645 – $1,645 | 2 |
| 2BR | $2,400 | −$850 (-26.2%) | +$20 (+0.8%) | $2,400 – $2,400 | 1 |
| 2BR | $2,700 | −$550 (-16.9%) | +$320 (+13.4%) | $2,700 – $2,700 | 2 |
| 3BR | $3,400 | +$525 (+18.3%) | +$1,000 (+41.7%) | $3,400 – $3,400 | 6 |
| 3BR | $3,000 | +$125 (+4.3%) | +$600 (+25.0%) | $3,000 – $3,000 | 1 |
| 4BR | $3,295 | $0 (0.0%) | +$295 (+9.8%) | $3,195 – $3,295 | 48 |
| 4BR | $3,295 | $0 (0.0%) | +$295 (+9.8%) | $3,195 – $3,295 | 34 |
Median, P25, and P75 are asking rents from listings posted in October 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — October 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| 1BR | $1,795 | $2,096 | −$301 (-14.4%) |
| 1BR | $1,645 | $2,096 | −$451 (-21.5%) |
| 2BR | $2,400 | $2,900 | −$500 (-17.2%) |
| 2BR | $2,700 | $2,900 | −$200 (-6.9%) |
| 3BR | $3,400 | $3,948 | −$547 (-13.9%) |
| 3BR | $3,000 | $3,948 | −$947 (-24.0%) |
| 4BR | $3,295 | $4,838 | −$1,542 (-31.9%) |
| 4BR | $3,295 | $4,838 | −$1,542 (-31.9%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in October 2022.