Monthly Rent Report
Sherman Oaks Rent Report — June 2024
Asking rents in ZIP 91403, Los Angeles, from 392 listings.
Median 1BR rent in Sherman Oaks was $2,960 in June 2024, up 42.8% (+$888) from May 2024 and up 29.0% year-over-year. The middle half of 1BR listings asked between $2,960 and $2,960. That puts Sherman Oaks $860 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 392 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2024 | Vs. June 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$132 (+7.1%) | −$20 (-1.0%) | $1,995 – $1,995 | 1 |
| Studio | $1,965 | +$102 (+5.5%) | −$50 (-2.5%) | $1,853 – $1,979 | 29 |
| Studio | $1,800 | −$63 (-3.4%) | −$215 (-10.7%) | $1,800 – $1,800 | 1 |
| 1BR | $2,960 | +$888 (+42.8%) | +$665 (+29.0%) | $2,960 – $2,960 | 3 |
| 1BR | $2,000 | −$72 (-3.5%) | −$295 (-12.9%) | $1,923 – $2,150 | 19 |
| 1BR | $2,200 | +$128 (+6.2%) | −$95 (-4.1%) | $2,200 – $2,200 | 1 |
| 2BR | $3,200 | +$303 (+10.4%) | +$1,005 (+45.8%) | $3,200 – $3,200 | 1 |
| 2BR | $2,650 | −$247 (-8.5%) | +$455 (+20.7%) | $2,398 – $3,395 | 17 |
| 2BR | $2,874 | −$23 (-0.8%) | +$679 (+30.9%) | $2,650 – $3,195 | 166 |
| 3BR | $5,389 | $0 (0.0%) | +$1,089 (+25.3%) | $4,300 – $9,500 | 11 |
| 3BR | $8,750 | +$3,361 (+62.4%) | +$4,450 (+103.5%) | $8,750 – $8,750 | 1 |
| 3BR | $5,100 | −$289 (-5.4%) | +$800 (+18.6%) | $4,275 – $8,000 | 75 |
| 4BR | $10,500 | $0 (0.0%) | +$3,005 (+40.1%) | $9,850 – $12,250 | 5 |
| 4BR | $9,500 | −$1,000 (-9.5%) | +$2,005 (+26.8%) | $8,100 – $12,500 | 37 |
| 4BR | $16,500 | +$6,000 (+57.1%) | +$9,005 (+120.1%) | $16,500 – $16,500 | 2 |
Median, P25, and P75 are asking rents from listings posted in June 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — June 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,759 | +$236 (+13.4%) |
| Studio | $1,965 | $1,759 | +$206 (+11.7%) |
| Studio | $1,800 | $1,759 | +$41 (+2.3%) |
| 1BR | $2,960 | $2,100 | +$860 (+41.0%) |
| 1BR | $2,000 | $2,100 | −$100 (-4.8%) |
| 1BR | $2,200 | $2,100 | +$100 (+4.8%) |
| 2BR | $3,200 | $2,885 | +$315 (+10.9%) |
| 2BR | $2,650 | $2,885 | −$235 (-8.1%) |
| 2BR | $2,874 | $2,885 | −$11 (-0.4%) |
| 3BR | $5,389 | $3,900 | +$1,489 (+38.2%) |
| 3BR | $8,750 | $3,900 | +$4,850 (+124.4%) |
| 3BR | $5,100 | $3,900 | +$1,200 (+30.8%) |
| 4BR | $10,500 | $5,000 | +$5,500 (+110.0%) |
| 4BR | $9,500 | $5,000 | +$4,500 (+90.0%) |
| 4BR | $16,500 | $5,000 | +$11,500 (+230.0%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in June 2024.