Monthly Rent Report
Gramercy Park Rent Report — June 2024
Asking rents in ZIP 90047, Los Angeles, from 670 listings.
Median 1BR rent in Gramercy Park was $2,150 in June 2024, up 13.2% (+$250) from May 2024 and up 19.8% year-over-year. The middle half of 1BR listings asked between $2,050 and $2,338. That puts Gramercy Park $50 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 670 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,650 | −$322 (-16.3%) | +$50 (+3.1%) | $1,344 – $1,995 | 24 |
| Studio | $1,650 | −$322 (-16.3%) | +$50 (+3.1%) | $1,331 – $1,984 | 26 |
| 1BR | $2,150 | +$250 (+13.2%) | +$355 (+19.8%) | $2,050 – $2,338 | 14 |
| 1BR | $1,995 | +$95 (+5.0%) | +$200 (+11.1%) | $1,895 – $2,200 | 89 |
| 2BR | $2,638 | +$38 (+1.4%) | +$139 (+5.5%) | $2,250 – $2,845 | 150 |
| 2BR | $2,749 | +$149 (+5.7%) | +$250 (+10.0%) | $2,749 – $2,749 | 1 |
| 3BR | $3,300 | +$64 (+2.0%) | +$355 (+12.1%) | $3,300 – $3,300 | 1 |
| 3BR | $3,243 | +$7 (+0.2%) | +$298 (+10.1%) | $2,945 – $3,515 | 288 |
| 4BR | $1,275 | −$2,124 (-62.5%) | −$2,190 (-63.2%) | $1,275 – $1,275 | 1 |
| 4BR | $3,399 | $0 (0.0%) | −$66 (-1.9%) | $3,195 – $3,500 | 69 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — June 2024
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,650 | $1,759 | −$109 (-6.2%) |
| Studio | $1,650 | $1,759 | −$109 (-6.2%) |
| 1BR | $2,150 | $2,100 | +$50 (+2.4%) |
| 1BR | $1,995 | $2,100 | −$105 (-5.0%) |
| 2BR | $2,638 | $2,885 | −$247 (-8.6%) |
| 2BR | $2,749 | $2,885 | −$136 (-4.7%) |
| 3BR | $3,300 | $3,900 | −$600 (-15.4%) |
| 3BR | $3,243 | $3,900 | −$657 (-16.9%) |
| 4BR | $1,275 | $5,000 | −$3,725 (-74.5%) |
| 4BR | $3,399 | $5,000 | −$1,601 (-32.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.