Monthly Rent Report

Gramercy Park Rent Report — November 2022

Asking rents in ZIP 90047, Los Angeles, from 44 listings.

Median 1BR rent in Gramercy Park was $1,850 in November 2022, up 12.5% (+$205) from October 2022 and up 20.7% year-over-year. The middle half of 1BR listings asked between $1,850 and $1,850. That puts Gramercy Park $216 below the Los Angeles citywide 1BR median of $2,066. The month's figures are based on 44 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. October 2022Vs. November 2021P25–P75 RangeListings
Studio$1,600+$50 (+3.2%)+$205 (+14.7%)$1,600 – $1,6002
Studio$2,000+$450 (+29.0%)+$605 (+43.4%)$1,800 – $2,0003
1BR$1,850+$205 (+12.5%)+$318 (+20.7%)$1,850 – $1,8501
1BR$1,945+$300 (+18.2%)+$413 (+26.9%)$1,770 – $2,0218
2BR$2,600−$100 (-3.7%)+$405 (+18.5%)$2,573 – $2,63315
2BR$2,900+$200 (+7.4%)+$705 (+32.1%)$2,900 – $2,9001
3BR$1,787−$1,613 (-47.4%)−$1,113 (-38.4%)$1,787 – $1,7871
3BR$3,300−$100 (-2.9%)+$400 (+13.8%)$3,300 – $3,3005
4BR$3,800+$505 (+15.3%)+$805 (+26.9%)$3,800 – $3,8983
4BR$3,800+$505 (+15.3%)+$805 (+26.9%)$3,800 – $3,9955

Median, P25, and P75 are asking rents from listings posted in November 2022. Changes compare against the nearest prior month with data.

Gramercy Park vs. Los AngelesNovember 2022

BedroomsGramercy Park MedianLos Angeles Citywide MedianDifference
Studio$1,600$1,695−$95 (-5.6%)
Studio$2,000$1,695+$305 (+18.0%)
1BR$1,850$2,066−$216 (-10.5%)
1BR$1,945$2,066−$121 (-5.9%)
2BR$2,600$2,873−$272 (-9.5%)
2BR$2,900$2,873+$28 (+1.0%)
3BR$1,787$3,700−$1,913 (-51.7%)
3BR$3,300$3,700−$400 (-10.8%)
4BR$3,800$5,000−$1,200 (-24.0%)
4BR$3,800$5,000−$1,200 (-24.0%)

Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in November 2022.

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