Monthly Rent Report
Gramercy Park Rent Report — July 2024
Asking rents in ZIP 90047, Los Angeles, from 76 listings.
Median 1BR rent in Gramercy Park was $1,911 in July 2024, down 11.1% (−$239) from June 2024 and up 19.8% year-over-year. The middle half of 1BR listings asked between $1,898 and $2,025. That puts Gramercy Park $184 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 76 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,325 | −$325 (-19.7%) | −$1,925 (-59.2%) | $1,275 – $1,488 | 3 |
| 1BR | $1,911 | −$239 (-11.1%) | +$316 (+19.8%) | $1,898 – $2,025 | 23 |
| 1BR | $2,000 | −$150 (-7.0%) | +$405 (+25.4%) | $2,000 – $2,000 | 1 |
| 2BR | $2,400 | −$237 (-9.0%) | −$6,100 (-71.8%) | $2,400 – $2,400 | 3 |
| 2BR | $2,901 | +$264 (+10.0%) | −$5,599 (-65.9%) | $2,826 – $2,977 | 2 |
| 3BR | $3,645 | +$345 (+10.5%) | +$700 (+23.8%) | $3,349 – $3,645 | 3 |
| 3BR | $3,875 | +$575 (+17.4%) | +$930 (+31.6%) | $3,863 – $3,888 | 2 |
| 4BR | $3,399 | +$2,124 (+166.6%) | +$2,124 (+166.6%) | $3,195 – $3,399 | 33 |
| 4BR | $3,052 | +$1,777 (+139.4%) | +$1,777 (+139.4%) | $3,052 – $3,052 | 1 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — July 2024
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,325 | $1,778 | −$453 (-25.5%) |
| 1BR | $1,911 | $2,095 | −$184 (-8.8%) |
| 1BR | $2,000 | $2,095 | −$95 (-4.5%) |
| 2BR | $2,400 | $2,835 | −$435 (-15.3%) |
| 2BR | $2,901 | $2,835 | +$66 (+2.3%) |
| 3BR | $3,645 | $3,900 | −$255 (-6.5%) |
| 3BR | $3,875 | $3,900 | −$25 (-0.6%) |
| 4BR | $3,399 | $5,270 | −$1,871 (-35.5%) |
| 4BR | $3,052 | $5,270 | −$2,218 (-42.1%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.