Monthly Rent Report

Gramercy Park Rent Report — March 2025

Asking rents in ZIP 90047, Los Angeles, from 406 listings.

Median 1BR rent in Gramercy Park was $2,198 in March 2025, up 20.6% (+$375) from February 2025 and up 10.2% year-over-year. The middle half of 1BR listings asked between $2,096 and $2,299. That puts Gramercy Park $98 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 406 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2025Vs. March 2024P25–P75 RangeListings
Studio$1,448−$47 (-3.2%)−$277 (-16.1%)$1,200 – $1,84016
Studio$1,195−$300 (-20.1%)−$530 (-30.7%)$1,195 – $1,1951
1BR$2,198+$375 (+20.6%)+$203 (+10.2%)$2,096 – $2,2992
1BR$1,985+$163 (+8.9%)−$10 (-0.5%)$1,845 – $2,20096
2BR$2,650+$300 (+12.8%)+$243 (+10.1%)$2,250 – $2,800130
2BR$2,900+$550 (+23.4%)+$493 (+20.5%)$2,825 – $2,9003
3BR$3,500−$50 (-1.4%)+$265 (+8.2%)$3,074 – $3,825123
3BR$4,444+$894 (+25.2%)+$1,209 (+37.4%)$4,079 – $4,8102
4BR$4,000+$2,205 (+122.8%)+$517 (+14.8%)$3,695 – $4,50019
4BR$2,748+$953 (+53.1%)−$735 (-21.1%)$2,748 – $2,7481

Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.

Gramercy Park vs. Los AngelesMarch 2025

BedroomsGramercy Park MedianLos Angeles Citywide MedianDifference
Studio$1,448$1,750−$302 (-17.3%)
Studio$1,195$1,750−$555 (-31.7%)
1BR$2,198$2,100+$98 (+4.6%)
1BR$1,985$2,100−$115 (-5.5%)
2BR$2,650$2,845−$195 (-6.9%)
2BR$2,900$2,845+$55 (+1.9%)
3BR$3,500$4,100−$600 (-14.6%)
3BR$4,444$4,100+$344 (+8.4%)
4BR$4,000$5,259−$1,259 (-23.9%)
4BR$2,748$5,259−$2,511 (-47.7%)

Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in March 2025.

Advertisement