Monthly Rent Report
Gramercy Park Rent Report — December 2024
Asking rents in ZIP 90047, Los Angeles, from 65 listings.
Median 1BR rent in Gramercy Park was $2,025 in December 2024, up 19.5% (+$330) from November 2024 and up 1.5% year-over-year. The middle half of 1BR listings asked between $1,993 and $2,375. That puts Gramercy Park $43 below the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 65 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,800 | $0 (0.0%) | −$40 (-2.2%) | $1,800 – $1,800 | 1 |
| Studio | $1,800 | $0 (0.0%) | −$40 (-2.2%) | $1,800 – $1,800 | 1 |
| 1BR | $2,025 | +$330 (+19.5%) | +$30 (+1.5%) | $1,993 – $2,375 | 10 |
| 1BR | $1,963 | +$268 (+15.8%) | −$32 (-1.6%) | $1,919 – $2,006 | 2 |
| 2BR | $2,465 | −$587 (-19.2%) | −$530 (-17.7%) | $2,358 – $2,573 | 2 |
| 2BR | $3,000 | −$52 (-1.7%) | +$5 (+0.2%) | $2,800 – $3,100 | 28 |
| 3BR | $3,705 | +$240 (+6.9%) | +$470 (+14.5%) | $3,321 – $4,061 | 4 |
| 3BR | $3,900 | +$435 (+12.6%) | +$665 (+20.6%) | $3,788 – $3,925 | 12 |
| 4BR | $2,500 | −$700 (-21.9%) | −$899 (-26.4%) | $2,500 – $2,500 | 2 |
| 4BR | $4,000 | +$800 (+25.0%) | +$601 (+17.7%) | $4,000 – $4,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — December 2024
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,800 | $1,725 | +$75 (+4.3%) |
| Studio | $1,800 | $1,725 | +$75 (+4.3%) |
| 1BR | $2,025 | $2,068 | −$42 (-2.1%) |
| 1BR | $1,963 | $2,068 | −$105 (-5.1%) |
| 2BR | $2,465 | $2,750 | −$285 (-10.4%) |
| 2BR | $3,000 | $2,750 | +$250 (+9.1%) |
| 3BR | $3,705 | $3,995 | −$290 (-7.3%) |
| 3BR | $3,900 | $3,995 | −$95 (-2.4%) |
| 4BR | $2,500 | $4,900 | −$2,400 (-49.0%) |
| 4BR | $4,000 | $4,900 | −$900 (-18.4%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.