Monthly Rent Report
Gramercy Park Rent Report — November 2023
Asking rents in ZIP 90047, Los Angeles, from 104 listings.
Median 1BR rent in Gramercy Park was $2,300 in November 2023, down 4.0% (−$95) from October 2023 and up 18.3% year-over-year. The middle half of 1BR listings asked between $2,200 and $2,300. That puts Gramercy Park $175 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 104 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2023 | Vs. November 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | $0 (0.0%) | −$400 (-20.0%) | $1,600 – $1,600 | 1 |
| Studio | $1,600 | $0 (0.0%) | −$400 (-20.0%) | $1,600 – $1,600 | 6 |
| 1BR | $2,300 | −$95 (-4.0%) | +$355 (+18.3%) | $2,200 – $2,300 | 3 |
| 1BR | $1,950 | −$445 (-18.6%) | +$5 (+0.3%) | $1,895 – $2,100 | 54 |
| 2BR | $3,000 | +$1,105 (+58.3%) | +$100 (+3.4%) | $3,000 – $3,000 | 1 |
| 2BR | $2,666 | +$771 (+40.7%) | −$234 (-8.1%) | $2,666 – $2,666 | 1 |
| 3BR | $2,600 | −$1,315 (-33.6%) | −$700 (-21.2%) | $2,600 – $2,600 | 1 |
| 3BR | $2,600 | −$1,315 (-33.6%) | −$700 (-21.2%) | $2,600 – $2,600 | 1 |
| 4BR | $3,399 | −$501 (-12.8%) | −$401 (-10.6%) | $3,195 – $3,399 | 30 |
| 4BR | $2,438 | −$1,462 (-37.5%) | −$1,362 (-35.9%) | $1,856 – $3,019 | 2 |
Median, P25, and P75 are asking rents from listings posted in November 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — November 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,775 | −$175 (-9.9%) |
| Studio | $1,600 | $1,775 | −$175 (-9.9%) |
| 1BR | $2,300 | $2,125 | +$175 (+8.2%) |
| 1BR | $1,950 | $2,125 | −$175 (-8.2%) |
| 2BR | $3,000 | $2,795 | +$205 (+7.3%) |
| 2BR | $2,666 | $2,795 | −$129 (-4.6%) |
| 3BR | $2,600 | $3,950 | −$1,350 (-34.2%) |
| 3BR | $2,600 | $3,950 | −$1,350 (-34.2%) |
| 4BR | $3,399 | $4,994 | −$1,595 (-31.9%) |
| 4BR | $2,438 | $4,994 | −$2,556 (-51.2%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in November 2023.