Monthly Rent Report
Gramercy Park Rent Report — April 2023
Asking rents in ZIP 90047, Los Angeles, from 491 listings.
Median 1BR rent in Gramercy Park was $1,670 in April 2023, down 7.0% (−$125) from March 2023 and up 4.4% year-over-year. The middle half of 1BR listings asked between $1,658 and $1,683. That puts Gramercy Park $427 below the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 491 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,100 | +$605 (+40.5%) | +$605 (+40.5%) | $2,100 – $2,100 | 1 |
| Studio | $1,600 | +$105 (+7.0%) | +$105 (+7.0%) | $1,600 – $1,600 | 2 |
| 1BR | $1,670 | −$125 (-7.0%) | +$70 (+4.4%) | $1,658 – $1,683 | 2 |
| 1BR | $1,695 | −$100 (-5.6%) | +$95 (+5.9%) | $1,695 – $1,995 | 31 |
| 2BR | $2,600 | $0 (0.0%) | +$500 (+23.8%) | $2,245 – $2,845 | 83 |
| 2BR | $2,600 | $0 (0.0%) | +$500 (+23.8%) | $2,245 – $2,845 | 70 |
| 3BR | $3,199 | +$324 (+11.3%) | +$899 (+39.1%) | $2,855 – $3,294 | 138 |
| 3BR | $3,199 | +$324 (+11.3%) | +$899 (+39.1%) | $2,855 – $3,294 | 138 |
| 4BR | $3,195 | −$609 (-16.0%) | −$555 (-14.8%) | $3,195 – $3,400 | 25 |
| 4BR | $1,375 | −$2,429 (-63.9%) | −$2,375 (-63.3%) | $1,375 – $1,375 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — April 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,100 | $1,775 | +$325 (+18.3%) |
| Studio | $1,600 | $1,775 | −$175 (-9.9%) |
| 1BR | $1,670 | $2,097 | −$427 (-20.4%) |
| 1BR | $1,695 | $2,097 | −$402 (-19.2%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 2BR | $2,600 | $2,795 | −$195 (-7.0%) |
| 3BR | $3,199 | $3,895 | −$696 (-17.9%) |
| 3BR | $3,199 | $3,895 | −$696 (-17.9%) |
| 4BR | $3,195 | $4,970 | −$1,775 (-35.7%) |
| 4BR | $1,375 | $4,970 | −$3,595 (-72.3%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.