Monthly Rent Report
Gramercy Park Rent Report — December 2022
Asking rents in ZIP 90047, Los Angeles, from 86 listings.
Median 1BR rent in Gramercy Park was $1,875 in December 2022, down 3.6% (−$70) from November 2022 and up 27.6% year-over-year. The middle half of 1BR listings asked between $1,713 and $2,038. That puts Gramercy Park $218 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 86 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2022 | Vs. December 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,550 | −$450 (-22.5%) | +$55 (+3.7%) | $1,550 – $1,550 | 1 |
| Studio | $1,600 | −$400 (-20.0%) | +$105 (+7.0%) | $1,550 – $1,600 | 5 |
| 1BR | $1,875 | −$70 (-3.6%) | +$405 (+27.6%) | $1,713 – $2,038 | 2 |
| 1BR | $1,795 | −$150 (-7.7%) | +$325 (+22.1%) | $1,795 – $1,898 | 3 |
| 2BR | $2,500 | −$100 (-3.8%) | −$175 (-6.5%) | $1,995 – $2,500 | 37 |
| 2BR | $2,675 | +$75 (+2.9%) | $0 (0.0%) | $2,675 – $2,675 | 1 |
| 3BR | $3,000 | −$300 (-9.1%) | −$200 (-6.3%) | $3,000 – $3,000 | 1 |
| 3BR | $3,465 | +$165 (+5.0%) | +$265 (+8.3%) | $3,118 – $3,700 | 24 |
| 4BR | $3,400 | −$400 (-10.5%) | +$205 (+6.4%) | $3,400 – $3,400 | 1 |
| 4BR | $3,842 | +$42 (+1.1%) | +$647 (+20.3%) | $3,400 – $3,995 | 9 |
Median, P25, and P75 are asking rents from listings posted in December 2022. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — December 2022
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,550 | $1,795 | −$245 (-13.6%) |
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| 1BR | $1,875 | $2,093 | −$217 (-10.4%) |
| 1BR | $1,795 | $2,093 | −$297 (-14.2%) |
| 2BR | $2,500 | $2,795 | −$295 (-10.6%) |
| 2BR | $2,675 | $2,795 | −$120 (-4.3%) |
| 3BR | $3,000 | $4,145 | −$1,145 (-27.6%) |
| 3BR | $3,465 | $4,145 | −$680 (-16.4%) |
| 4BR | $3,400 | $4,998 | −$1,597 (-32.0%) |
| 4BR | $3,842 | $4,998 | −$1,155 (-23.1%) |
Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.