Monthly Rent Report
Sherman Oaks Rent Report — March 2023
Asking rents in ZIP 91403, Los Angeles, from 421 listings.
Median 1BR rent in Sherman Oaks was $2,245 in March 2023, up 16.0% (+$310) from February 2023. The middle half of 1BR listings asked between $2,099 and $2,398. That puts Sherman Oaks $148 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 421 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,131 | +$20 (+0.9%) | — | $2,062 – $2,141 | 3 |
| Studio | $2,095 | −$16 (-0.8%) | — | $2,045 – $2,111 | 33 |
| 1BR | $2,245 | +$310 (+16.0%) | — | $2,099 – $2,398 | 110 |
| 1BR | $1,845 | −$90 (-4.7%) | — | $1,820 – $1,870 | 2 |
| 2BR | $2,898 | −$47 (-1.6%) | — | $2,699 – $3,310 | 151 |
| 2BR | $2,395 | −$550 (-18.7%) | — | $2,395 – $2,395 | 1 |
| 3BR | $5,150 | +$220 (+4.5%) | — | $4,195 – $5,995 | 58 |
| 3BR | $4,250 | −$680 (-13.8%) | — | $4,250 – $4,250 | 1 |
| 4BR | $10,500 | −$2,000 (-16.0%) | — | $10,500 – $11,500 | 3 |
| 4BR | $10,500 | −$2,000 (-16.0%) | — | $10,500 – $10,500 | 1 |
| 4BR | $8,500 | −$4,000 (-32.0%) | — | $7,173 – $18,000 | 27 |
Median, P25, and P75 are asking rents from listings posted in March 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — March 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,131 | $1,745 | +$386 (+22.1%) |
| Studio | $2,095 | $1,745 | +$350 (+20.1%) |
| 1BR | $2,245 | $2,097 | +$148 (+7.1%) |
| 1BR | $1,845 | $2,097 | −$252 (-12.0%) |
| 2BR | $2,898 | $2,750 | +$148 (+5.4%) |
| 2BR | $2,395 | $2,750 | −$355 (-12.9%) |
| 3BR | $5,150 | $3,923 | +$1,228 (+31.3%) |
| 3BR | $4,250 | $3,923 | +$328 (+8.3%) |
| 4BR | $10,500 | $4,760 | +$5,740 (+120.6%) |
| 4BR | $10,500 | $4,760 | +$5,740 (+120.6%) |
| 4BR | $8,500 | $4,760 | +$3,740 (+78.6%) |
Citywide figure is the median of zip-level medians across 135 Los Angeles zip codes with listings in March 2023.