Monthly Rent Report
Sherman Oaks Rent Report — September 2023
Asking rents in ZIP 91403, Los Angeles, from 78 listings.
Median 1BR rent in Sherman Oaks was $1,895 in September 2023, down 9.7% (−$203) from August 2023 and down 13.7% year-over-year. The middle half of 1BR listings asked between $1,895 and $1,895. That puts Sherman Oaks $105 below the Los Angeles citywide 1BR median of $2,000. The month's figures are based on 78 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2023 | Vs. September 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,400 | +$505 (+26.6%) | +$531 (+28.4%) | $2,400 – $2,400 | 1 |
| Studio | $1,795 | −$100 (-5.3%) | −$74 (-4.0%) | $1,795 – $1,795 | 1 |
| 1BR | $1,895 | −$203 (-9.7%) | −$300 (-13.7%) | $1,895 – $1,895 | 1 |
| 1BR | $2,225 | +$127 (+6.1%) | +$30 (+1.4%) | $2,149 – $2,350 | 17 |
| 2BR | $2,895 | +$43 (+1.5%) | +$695 (+31.6%) | $2,800 – $3,300 | 27 |
| 2BR | $2,248 | −$604 (-21.2%) | +$48 (+2.2%) | $2,224 – $2,271 | 2 |
| 3BR | $5,995 | $0 (0.0%) | −$4,955 (-45.3%) | $5,995 – $5,995 | 1 |
| 3BR | $3,300 | −$2,695 (-45.0%) | −$7,650 (-69.9%) | $3,100 – $3,613 | 8 |
| 4BR | $12,250 | −$2,700 (-18.1%) | −$4,700 (-27.7%) | $12,250 – $12,250 | 9 |
| 4BR | $12,225 | −$2,725 (-18.2%) | −$4,725 (-27.9%) | $12,225 – $12,225 | 1 |
Median, P25, and P75 are asking rents from listings posted in September 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — September 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,400 | $1,795 | +$605 (+33.7%) |
| Studio | $1,795 | $1,795 | $0 (0.0%) |
| 1BR | $1,895 | $2,000 | −$105 (-5.3%) |
| 1BR | $2,225 | $2,000 | +$225 (+11.3%) |
| 2BR | $2,895 | $2,750 | +$145 (+5.3%) |
| 2BR | $2,248 | $2,750 | −$502 (-18.3%) |
| 3BR | $5,995 | $3,948 | +$2,048 (+51.9%) |
| 3BR | $3,300 | $3,948 | −$647 (-16.4%) |
| 4BR | $12,250 | $5,000 | +$7,250 (+145.0%) |
| 4BR | $12,225 | $5,000 | +$7,225 (+144.5%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in September 2023.