Monthly Rent Report
Gramercy Park Rent Report — May 2025
Asking rents in ZIP 90047, Los Angeles, from 82 listings.
Median 1BR rent in Gramercy Park was $1,950 in May 2025, down 13.2% (−$297) from April 2025 and up 2.6% year-over-year. The middle half of 1BR listings asked between $1,800 and $2,000. That puts Gramercy Park $245 below the Los Angeles citywide 1BR median of $2,195. The month's figures are based on 82 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2025 | Vs. May 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,400 | $0 (0.0%) | −$572 (-29.0%) | $1,400 – $1,400 | 1 |
| 1BR | $1,950 | −$297 (-13.2%) | +$50 (+2.6%) | $1,800 – $2,000 | 22 |
| 1BR | $1,950 | −$297 (-13.2%) | +$50 (+2.6%) | $1,950 – $1,950 | 1 |
| 2BR | $3,095 | +$595 (+23.8%) | +$445 (+16.8%) | $3,095 – $3,095 | 1 |
| 2BR | $2,400 | −$100 (-4.0%) | −$250 (-9.4%) | $2,325 – $2,972 | 19 |
| 3BR | $3,528 | −$107 (-2.9%) | +$292 (+9.0%) | $3,134 – $4,000 | 23 |
| 3BR | $4,500 | +$865 (+23.8%) | +$1,264 (+39.1%) | $4,500 – $4,500 | 1 |
| 4BR | $3,800 | +$2,525 (+198.0%) | +$5 (+0.1%) | $3,800 – $3,900 | 7 |
| 4BR | $3,900 | +$2,625 (+205.9%) | +$105 (+2.8%) | $3,850 – $3,950 | 2 |
Median, P25, and P75 are asking rents from listings posted in May 2025. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — May 2025
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,400 | $1,800 | −$400 (-22.2%) |
| 1BR | $1,950 | $2,195 | −$245 (-11.2%) |
| 1BR | $1,950 | $2,195 | −$245 (-11.2%) |
| 2BR | $3,095 | $2,960 | +$135 (+4.6%) |
| 2BR | $2,400 | $2,960 | −$560 (-18.9%) |
| 3BR | $3,528 | $3,862 | −$334 (-8.6%) |
| 3BR | $4,500 | $3,862 | +$638 (+16.5%) |
| 4BR | $3,800 | $5,000 | −$1,200 (-24.0%) |
| 4BR | $3,900 | $5,000 | −$1,100 (-22.0%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in May 2025.