Monthly Rent Report
Sherman Oaks Rent Report — July 2024
Asking rents in ZIP 91403, Los Angeles, from 168 listings.
Median 1BR rent in Sherman Oaks was $2,038 in July 2024, up 1.9% (+$38) from June 2024 and up 2.1% year-over-year. The middle half of 1BR listings asked between $1,931 and $2,144. That puts Sherman Oaks $58 below the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 168 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,854 | +$54 (+3.0%) | −$96 (-4.9%) | $1,841 – $1,866 | 2 |
| Studio | $1,858 | +$58 (+3.2%) | −$92 (-4.7%) | $1,855 – $1,869 | 9 |
| 1BR | $2,038 | +$38 (+1.9%) | +$43 (+2.1%) | $1,931 – $2,144 | 2 |
| 1BR | $2,100 | +$100 (+5.0%) | +$105 (+5.2%) | $1,899 – $2,382 | 34 |
| 1BR | $2,099 | +$99 (+5.0%) | +$104 (+5.2%) | $1,950 – $2,295 | 25 |
| 2BR | $2,873 | −$327 (-10.2%) | −$12 (-0.4%) | $2,770 – $3,036 | 4 |
| 2BR | $3,300 | +$100 (+3.1%) | +$415 (+14.4%) | $3,300 – $3,300 | 1 |
| 2BR | $3,250 | +$50 (+1.6%) | +$365 (+12.7%) | $2,893 – $3,448 | 15 |
| 2BR | $2,809 | −$391 (-12.2%) | −$76 (-2.6%) | $2,605 – $3,134 | 33 |
| 3BR | $5,750 | +$361 (+6.7%) | +$3,350 (+139.6%) | $5,750 – $5,750 | 1 |
| 3BR | $8,500 | +$3,111 (+57.7%) | +$6,100 (+254.2%) | $5,000 – $9,575 | 11 |
| 3BR | $5,100 | −$289 (-5.4%) | +$2,700 (+112.5%) | $4,421 – $6,838 | 8 |
| 4BR | $9,248 | −$252 (-2.7%) | +$2,275 (+32.6%) | $6,300 – $10,338 | 10 |
| 4BR | $16,900 | +$7,400 (+77.9%) | +$9,928 (+142.4%) | $16,900 – $16,900 | 1 |
| 4BR | $16,900 | +$7,400 (+77.9%) | +$9,928 (+142.4%) | $16,900 – $16,900 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — July 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,854 | $1,778 | +$75 (+4.2%) |
| Studio | $1,858 | $1,778 | +$80 (+4.5%) |
| 1BR | $2,038 | $2,095 | −$57 (-2.7%) |
| 1BR | $2,100 | $2,095 | +$5 (+0.2%) |
| 1BR | $2,099 | $2,095 | +$4 (+0.2%) |
| 2BR | $2,873 | $2,835 | +$38 (+1.3%) |
| 2BR | $3,300 | $2,835 | +$465 (+16.4%) |
| 2BR | $3,250 | $2,835 | +$415 (+14.6%) |
| 2BR | $2,809 | $2,835 | −$26 (-0.9%) |
| 3BR | $5,750 | $3,900 | +$1,850 (+47.4%) |
| 3BR | $8,500 | $3,900 | +$4,600 (+117.9%) |
| 3BR | $5,100 | $3,900 | +$1,200 (+30.8%) |
| 4BR | $9,248 | $5,270 | +$3,978 (+75.5%) |
| 4BR | $16,900 | $5,270 | +$11,630 (+220.7%) |
| 4BR | $16,900 | $5,270 | +$11,630 (+220.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.