Monthly Rent Report
Gramercy Park Rent Report — January 2023
Asking rents in ZIP 90047, Los Angeles, from 293 listings.
Median 1BR rent in Gramercy Park was $2,096 in January 2023, up 16.8% (+$301) from December 2022 and up 31.4% year-over-year. The middle half of 1BR listings asked between $2,096 and $2,096. That puts Gramercy Park $29 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 293 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. January 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | $0 (0.0%) | +$105 (+7.0%) | $1,600 – $1,600 | 1 |
| Studio | $1,600 | $0 (0.0%) | +$105 (+7.0%) | $1,600 – $1,700 | 3 |
| 1BR | $2,096 | +$301 (+16.8%) | +$501 (+31.4%) | $2,096 – $2,096 | 1 |
| 1BR | $1,895 | +$100 (+5.6%) | +$300 (+18.8%) | $1,895 – $1,895 | 1 |
| 2BR | $1,945 | −$730 (-27.3%) | −$55 (-2.8%) | $1,945 – $1,945 | 1 |
| 2BR | $2,666 | −$9 (-0.3%) | +$666 (+33.3%) | $2,245 – $2,845 | 91 |
| 3BR | $2,875 | −$590 (-17.0%) | −$300 (-9.4%) | $2,855 – $3,294 | 155 |
| 3BR | $3,295 | −$170 (-4.9%) | +$120 (+3.8%) | $3,295 – $3,295 | 1 |
| 4BR | $3,350 | −$492 (-12.8%) | +$100 (+3.1%) | $3,325 – $3,375 | 2 |
| 4BR | $3,195 | −$647 (-16.8%) | −$55 (-1.7%) | $3,195 – $3,300 | 37 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — January 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| Studio | $1,600 | $1,795 | −$195 (-10.9%) |
| 1BR | $2,096 | $2,125 | −$29 (-1.4%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $1,945 | $2,861 | −$916 (-32.0%) |
| 2BR | $2,666 | $2,861 | −$195 (-6.8%) |
| 3BR | $2,875 | $3,848 | −$972 (-25.3%) |
| 3BR | $3,295 | $3,848 | −$552 (-14.4%) |
| 4BR | $3,350 | $5,000 | −$1,649 (-33.0%) |
| 4BR | $3,195 | $5,000 | −$1,804 (-36.1%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.