Monthly Rent Report
Gramercy Park Rent Report — September 2024
Asking rents in ZIP 90047, Los Angeles, from 34 listings.
Median 1BR rent in Gramercy Park was $2,000 in September 2024, up 5.3% (+$100) from August 2024 and up 0.3% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Gramercy Park in line with the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 34 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,500 | −$350 (-18.9%) | −$340 (-18.5%) | $1,346 – $1,755 | 10 |
| 1BR | $2,000 | +$100 (+5.3%) | +$5 (+0.3%) | $2,000 – $2,000 | 1 |
| 1BR | $1,950 | +$50 (+2.6%) | −$45 (-2.3%) | $1,950 – $2,178 | 11 |
| 2BR | $2,650 | +$150 (+6.0%) | +$68 (+2.6%) | $2,650 – $2,650 | 1 |
| 3BR | $3,095 | −$1,405 (-31.2%) | +$250 (+8.8%) | $3,095 – $3,095 | 1 |
| 3BR | $3,345 | −$1,155 (-25.7%) | +$500 (+17.6%) | $3,220 – $3,470 | 2 |
| 4BR | $3,200 | −$800 (-20.0%) | −$5,300 (-62.4%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — September 2024
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,500 | $1,755 | −$255 (-14.5%) |
| 1BR | $2,000 | $1,999 | +$2 (+0.1%) |
| 1BR | $1,950 | $1,999 | −$48 (-2.4%) |
| 2BR | $2,650 | $2,795 | −$145 (-5.2%) |
| 3BR | $3,095 | $3,850 | −$755 (-19.6%) |
| 3BR | $3,345 | $3,850 | −$505 (-13.1%) |
| 4BR | $3,200 | $4,995 | −$1,795 (-35.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.