Monthly Rent Report
Gramercy Park Rent Report — December 2023
Asking rents in ZIP 90047, Los Angeles, from 91 listings.
Median 1BR rent in Gramercy Park was $2,096 in December 2023, up 7.5% (+$146) from November 2023 and up 11.8% year-over-year. The middle half of 1BR listings asked between $2,046 and $2,200. That puts Gramercy Park $33 below the Los Angeles citywide 1BR median of $2,129. The month's figures are based on 91 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2023 | Vs. December 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,840 | +$240 (+15.0%) | +$240 (+15.0%) | $1,840 – $1,840 | 1 |
| Studio | $1,840 | +$240 (+15.0%) | +$240 (+15.0%) | $1,840 – $1,840 | 1 |
| 1BR | $2,096 | +$146 (+7.5%) | +$221 (+11.8%) | $2,046 – $2,200 | 15 |
| 1BR | $1,995 | +$45 (+2.3%) | +$120 (+6.4%) | $1,995 – $1,995 | 1 |
| 2BR | $2,995 | −$5 (-0.2%) | +$495 (+19.8%) | $2,995 – $3,046 | 12 |
| 2BR | $2,173 | −$827 (-27.6%) | −$327 (-13.1%) | $2,034 – $2,311 | 2 |
| 3BR | $3,235 | +$635 (+24.4%) | −$230 (-6.6%) | $3,235 – $3,235 | 1 |
| 3BR | $3,299 | +$699 (+26.9%) | −$166 (-4.8%) | $3,299 – $3,299 | 1 |
| 4BR | $3,399 | +$962 (+39.4%) | −$1 (-0.0%) | $3,195 – $3,399 | 40 |
| 4BR | $3,399 | +$962 (+39.4%) | −$1 (-0.0%) | $3,195 – $3,399 | 14 |
Median, P25, and P75 are asking rents from listings posted in December 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — December 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,840 | $1,750 | +$90 (+5.1%) |
| Studio | $1,840 | $1,750 | +$90 (+5.1%) |
| 1BR | $2,096 | $2,129 | −$33 (-1.6%) |
| 1BR | $1,995 | $2,129 | −$134 (-6.3%) |
| 2BR | $2,995 | $2,795 | +$200 (+7.2%) |
| 2BR | $2,173 | $2,795 | −$622 (-22.3%) |
| 3BR | $3,235 | $3,923 | −$687 (-17.5%) |
| 3BR | $3,299 | $3,923 | −$623 (-15.9%) |
| 4BR | $3,399 | $4,750 | −$1,351 (-28.4%) |
| 4BR | $3,399 | $4,750 | −$1,351 (-28.4%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in December 2023.