Monthly Rent Report
Sherman Oaks Rent Report — January 2023
Asking rents in ZIP 91403, Los Angeles, from 251 listings.
Median 1BR rent in Sherman Oaks was $2,073 in January 2023, up 3.9% (+$78) from December 2022. The middle half of 1BR listings asked between $1,934 and $2,211. That puts Sherman Oaks $53 below the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 251 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,033 | +$136 (+7.2%) | — | $2,033 – $2,033 | 1 |
| Studio | $1,895 | −$2 (-0.1%) | — | $1,798 – $2,069 | 18 |
| 1BR | $2,073 | +$78 (+3.9%) | — | $1,934 – $2,211 | 2 |
| 1BR | $2,196 | +$201 (+10.1%) | — | $2,098 – $2,687 | 77 |
| 2BR | $2,995 | +$45 (+1.5%) | — | $2,995 – $2,995 | 1 |
| 2BR | $2,940 | −$10 (-0.3%) | — | $2,750 – $3,550 | 92 |
| 2BR | $2,795 | −$155 (-5.3%) | — | $2,795 – $2,795 | 1 |
| 3BR | $3,799 | −$2,051 (-35.1%) | — | $3,799 – $3,799 | 1 |
| 3BR | $4,560 | −$1,290 (-22.1%) | — | $4,360 – $5,995 | 23 |
| 4BR | $8,950 | +$1,450 (+19.3%) | — | $8,950 – $8,950 | 1 |
| 4BR | $10,950 | +$3,450 (+46.0%) | — | $8,371 – $12,850 | 24 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — January 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,033 | $1,795 | +$238 (+13.3%) |
| Studio | $1,895 | $1,795 | +$100 (+5.6%) |
| 1BR | $2,073 | $2,125 | −$52 (-2.5%) |
| 1BR | $2,196 | $2,125 | +$71 (+3.3%) |
| 2BR | $2,995 | $2,861 | +$134 (+4.7%) |
| 2BR | $2,940 | $2,861 | +$79 (+2.8%) |
| 2BR | $2,795 | $2,861 | −$66 (-2.3%) |
| 3BR | $3,799 | $3,848 | −$48 (-1.3%) |
| 3BR | $4,560 | $3,848 | +$713 (+18.5%) |
| 4BR | $8,950 | $5,000 | +$3,951 (+79.0%) |
| 4BR | $10,950 | $5,000 | +$5,951 (+119.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.