Monthly Rent Report
Gramercy Park Rent Report — November 2024
Asking rents in ZIP 90047, Los Angeles, from 37 listings.
Median 1BR rent in Gramercy Park was $1,975 in November 2024, down 1.3% (−$25) from October 2024 and up 1.3% year-over-year. The middle half of 1BR listings asked between $1,975 and $1,994. That puts Gramercy Park $98 below the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 37 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | +$200 (+12.5%) | +$200 (+12.5%) | $1,800 – $1,800 | 1 |
| Studio | $1,800 | +$200 (+12.5%) | +$200 (+12.5%) | $1,800 – $1,800 | 1 |
| 1BR | $1,975 | −$25 (-1.3%) | +$25 (+1.3%) | $1,975 – $1,994 | 10 |
| 1BR | $1,695 | −$305 (-15.3%) | −$255 (-13.1%) | $1,695 – $1,695 | 1 |
| 2BR | $2,800 | +$350 (+14.3%) | +$134 (+5.0%) | $2,800 – $2,800 | 1 |
| 2BR | $3,052 | +$602 (+24.6%) | +$386 (+14.5%) | $2,675 – $3,052 | 8 |
| 3BR | $3,140 | −$177 (-5.4%) | +$540 (+20.8%) | $3,140 – $3,140 | 1 |
| 3BR | $3,465 | +$148 (+4.4%) | +$865 (+33.3%) | $3,295 – $3,950 | 11 |
| 4BR | $3,200 | −$600 (-15.8%) | −$199 (-5.9%) | $3,200 – $3,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — November 2024
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| Studio | $1,800 | $1,750 | +$50 (+2.9%) |
| 1BR | $1,975 | $2,073 | −$97 (-4.7%) |
| 1BR | $1,695 | $2,073 | −$377 (-18.2%) |
| 2BR | $2,800 | $2,850 | −$50 (-1.8%) |
| 2BR | $3,052 | $2,850 | +$202 (+7.1%) |
| 3BR | $3,140 | $3,895 | −$755 (-19.4%) |
| 3BR | $3,465 | $3,895 | −$430 (-11.0%) |
| 4BR | $3,200 | $5,220 | −$2,019 (-38.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.