Monthly Rent Report
Gramercy Park Rent Report — June 2023
Asking rents in ZIP 90047, Los Angeles, from 341 listings.
Median 1BR rent in Gramercy Park was $1,795 in June 2023, down 5.3% (−$100) from May 2023 and down 10.3% year-over-year. The middle half of 1BR listings asked between $1,795 and $1,795. That puts Gramercy Park $305 below the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 341 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,495 | −$105 (-6.6%) | +$255 (+20.6%) | $1,443 – $1,548 | 2 |
| Studio | $1,600 | $0 (0.0%) | +$360 (+29.0%) | $1,548 – $2,013 | 4 |
| 1BR | $1,795 | −$100 (-5.3%) | −$205 (-10.3%) | $1,795 – $1,795 | 1 |
| 1BR | $1,795 | −$100 (-5.3%) | −$205 (-10.3%) | $1,695 – $1,995 | 29 |
| 2BR | $2,000 | −$558 (-21.8%) | −$245 (-10.9%) | $2,000 – $2,000 | 1 |
| 2BR | $2,499 | −$59 (-2.3%) | +$254 (+11.3%) | $2,245 – $2,700 | 75 |
| 3BR | $2,695 | +$1,095 (+68.4%) | −$1,455 (-35.1%) | $2,695 – $2,695 | 1 |
| 3BR | $2,945 | +$1,345 (+84.1%) | −$1,205 (-29.0%) | $2,773 – $3,368 | 187 |
| 4BR | $1,275 | −$100 (-7.3%) | −$2,020 (-61.3%) | $1,275 – $1,275 | 1 |
| 4BR | $3,465 | +$2,090 (+152.0%) | +$170 (+5.2%) | $3,195 – $3,465 | 38 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — June 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,495 | $1,758 | −$263 (-15.0%) |
| Studio | $1,600 | $1,758 | −$158 (-9.0%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 1BR | $1,795 | $2,100 | −$305 (-14.5%) |
| 2BR | $2,000 | $2,900 | −$900 (-31.0%) |
| 2BR | $2,499 | $2,900 | −$401 (-13.8%) |
| 3BR | $2,695 | $3,850 | −$1,155 (-30.0%) |
| 3BR | $2,945 | $3,850 | −$905 (-23.5%) |
| 4BR | $1,275 | $5,100 | −$3,825 (-75.0%) |
| 4BR | $3,465 | $5,100 | −$1,635 (-32.1%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.