Monthly Rent Report
Gramercy Park Rent Report — February 2023
Asking rents in ZIP 90047, Los Angeles, from 385 listings.
Median 1BR rent in Gramercy Park was $1,913 in February 2023, down 8.8% (−$183) from January 2023 and down 0.6% year-over-year. The middle half of 1BR listings asked between $1,749 and $2,050. That puts Gramercy Park $213 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 385 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. February 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | $0 (0.0%) | — | $1,600 – $1,600 | 2 |
| Studio | $1,600 | $0 (0.0%) | — | $1,495 – $1,600 | 9 |
| 1BR | $1,913 | −$183 (-8.8%) | −$11 (-0.6%) | $1,749 – $2,050 | 36 |
| 1BR | $1,895 | −$201 (-9.6%) | −$29 (-1.5%) | $1,895 – $1,895 | 1 |
| 2BR | $1,799 | −$867 (-32.5%) | −$1,101 (-38.0%) | $1,799 – $1,799 | 1 |
| 2BR | $2,499 | −$167 (-6.3%) | −$401 (-13.8%) | $2,245 – $2,845 | 109 |
| 3BR | $3,400 | +$525 (+18.3%) | +$545 (+19.1%) | $3,400 – $3,400 | 1 |
| 3BR | $2,945 | +$70 (+2.4%) | +$90 (+3.2%) | $2,855 – $3,224 | 184 |
| 4BR | $3,950 | +$755 (+23.6%) | +$655 (+19.9%) | $3,950 – $3,950 | 1 |
| 4BR | $3,195 | $0 (0.0%) | −$100 (-3.0%) | $3,195 – $3,450 | 41 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — February 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 | $1,913 | $2,125 | −$212 (-10.0%) |
| 1BR | $1,895 | $2,125 | −$230 (-10.8%) |
| 2BR | $1,799 | $2,773 | −$974 (-35.1%) |
| 2BR | $2,499 | $2,773 | −$274 (-9.9%) |
| 3BR | $3,400 | $3,850 | −$450 (-11.7%) |
| 3BR | $2,945 | $3,850 | −$905 (-23.5%) |
| 4BR | $3,950 | $4,695 | −$745 (-15.9%) |
| 4BR | $3,195 | $4,695 | −$1,500 (-31.9%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.