Monthly Rent Report
Sherman Oaks Rent Report — April 2023
Asking rents in ZIP 91403, Los Angeles, from 367 listings.
Median 1BR rent in Sherman Oaks was $2,198 in April 2023, down 2.1% (−$47) from March 2023 and down 2.3% year-over-year. The middle half of 1BR listings asked between $2,099 and $2,397. That puts Sherman Oaks $101 above the Los Angeles citywide 1BR median of $2,097. The month's figures are based on 367 listings across 13 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. March 2023 | Vs. April 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,046 | −$49 (-2.3%) | −$5 (-0.3%) | $2,001 – $2,049 | 3 |
| Studio | $2,095 | $0 (0.0%) | +$44 (+2.1%) | $2,051 – $2,291 | 21 |
| 1BR | $2,198 | −$47 (-2.1%) | −$52 (-2.3%) | $2,099 – $2,397 | 98 |
| 1BR | $1,995 | −$250 (-11.1%) | −$255 (-11.3%) | $1,995 – $1,995 | 1 |
| 2BR | $2,799 | +$404 (+16.9%) | −$198 (-6.6%) | $2,600 – $3,197 | 137 |
| 2BR | $2,798 | +$403 (+16.8%) | −$200 (-6.7%) | $2,796 – $2,799 | 2 |
| 3BR | $3,950 | −$1,200 (-23.3%) | +$353 (+9.8%) | $3,950 – $3,950 | 1 |
| 3BR | $4,410 | −$740 (-14.4%) | +$813 (+22.6%) | $3,500 – $6,400 | 50 |
| 4BR | $10,950 | +$2,450 (+28.8%) | +$4,451 (+68.5%) | $8,500 – $14,338 | 26 |
| 4BR | $9,995 | +$1,495 (+17.6%) | +$3,496 (+53.8%) | $9,995 – $10,248 | 3 |
| 4BR | $8,995 | +$495 (+5.8%) | +$2,496 (+38.4%) | $8,995 – $8,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in April 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — April 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,046 | $1,775 | +$271 (+15.3%) |
| Studio | $2,095 | $1,775 | +$320 (+18.0%) |
| 1BR | $2,198 | $2,097 | +$101 (+4.8%) |
| 1BR | $1,995 | $2,097 | −$102 (-4.9%) |
| 2BR | $2,799 | $2,795 | +$4 (+0.1%) |
| 2BR | $2,798 | $2,795 | +$3 (+0.1%) |
| 3BR | $3,950 | $3,895 | +$55 (+1.4%) |
| 3BR | $4,410 | $3,895 | +$515 (+13.2%) |
| 4BR | $10,950 | $4,970 | +$5,980 (+120.3%) |
| 4BR | $9,995 | $4,970 | +$5,025 (+101.1%) |
| 4BR | $8,995 | $4,970 | +$4,025 (+81.0%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in April 2023.