Monthly Rent Report
Sherman Oaks Rent Report — February 2023
Asking rents in ZIP 91403, Los Angeles, from 241 listings.
Median 1BR rent in Sherman Oaks was $2,213 in February 2023, up 6.8% (+$141) from January 2023. The middle half of 1BR listings asked between $1,995 and $2,413. That puts Sherman Oaks $88 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 241 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,111 | +$78 (+3.8%) | — | $2,111 – $2,111 | 1 |
| Studio | $1,977 | −$56 (-2.8%) | — | $1,572 – $2,045 | 16 |
| 1BR | $2,213 | +$141 (+6.8%) | — | $1,995 – $2,413 | 64 |
| 1BR | $1,935 | −$137 (-6.6%) | — | $1,905 – $1,965 | 2 |
| 2BR | $2,945 | +$5 (+0.2%) | — | $2,700 – $3,395 | 86 |
| 2BR | $3,100 | +$160 (+5.4%) | — | $3,100 – $3,100 | 1 |
| 3BR | $4,930 | +$1,131 (+29.8%) | — | $3,562 – $5,750 | 31 |
| 3BR | $4,495 | +$696 (+18.3%) | — | $4,495 – $4,495 | 1 |
| 4BR | $12,500 | +$3,550 (+39.7%) | — | $8,495 – $14,950 | 17 |
| 4BR | $12,500 | +$3,550 (+39.7%) | — | $12,500 – $12,500 | 1 |
| 4BR | $10,500 | +$1,550 (+17.3%) | — | $10,500 – $10,500 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — February 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,111 | $1,795 | +$316 (+17.6%) |
| Studio | $1,977 | $1,795 | +$182 (+10.1%) |
| 1BR | $2,213 | $2,125 | +$88 (+4.1%) |
| 1BR | $1,935 | $2,125 | −$190 (-8.9%) |
| 2BR | $2,945 | $2,773 | +$172 (+6.2%) |
| 2BR | $3,100 | $2,773 | +$327 (+11.8%) |
| 3BR | $4,930 | $3,850 | +$1,080 (+28.1%) |
| 3BR | $4,495 | $3,850 | +$645 (+16.8%) |
| 4BR | $12,500 | $4,695 | +$7,805 (+166.2%) |
| 4BR | $12,500 | $4,695 | +$7,805 (+166.2%) |
| 4BR | $10,500 | $4,695 | +$5,805 (+123.6%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.