Monthly Rent Report
Sherman Oaks Rent Report — September 2024
Asking rents in ZIP 91403, Los Angeles, from 44 listings.
Median 1BR rent in Sherman Oaks was $2,000 in September 2024, down 15.3% (−$360) from August 2024 and down 10.1% year-over-year. The middle half of 1BR listings asked between $2,000 and $2,000. That puts Sherman Oaks in line with the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 44 listings across 11 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,910 | +$610 (+46.9%) | +$115 (+6.4%) | $1,855 – $1,943 | 3 |
| 1BR | $2,000 | −$360 (-15.3%) | −$225 (-10.1%) | $2,000 – $2,000 | 1 |
| 1BR | $2,800 | +$440 (+18.6%) | +$575 (+25.8%) | $2,800 – $2,800 | 1 |
| 1BR | $2,800 | +$440 (+18.6%) | +$575 (+25.8%) | $2,800 – $2,800 | 1 |
| 2BR | $2,695 | +$100 (+3.9%) | +$448 (+19.9%) | $2,695 – $2,695 | 1 |
| 2BR | $2,700 | +$105 (+4.0%) | +$453 (+20.1%) | $2,625 – $2,700 | 6 |
| 3BR | $6,150 | +$2,700 (+78.3%) | +$2,850 (+86.4%) | $5,475 – $6,825 | 2 |
| 3BR | $4,495 | +$1,045 (+30.3%) | +$1,195 (+36.2%) | $4,495 – $4,495 | 1 |
| 4BR | $7,950 | −$5,050 (-38.8%) | −$4,275 (-35.0%) | $7,950 – $7,950 | 1 |
| 4BR | $8,725 | −$4,275 (-32.9%) | −$3,500 (-28.6%) | $6,000 – $13,000 | 26 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — September 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,910 | $1,755 | +$155 (+8.8%) |
| 1BR | $2,000 | $1,999 | +$2 (+0.1%) |
| 1BR | $2,800 | $1,999 | +$802 (+40.1%) |
| 1BR | $2,800 | $1,999 | +$802 (+40.1%) |
| 2BR | $2,695 | $2,795 | −$100 (-3.6%) |
| 2BR | $2,700 | $2,795 | −$95 (-3.4%) |
| 3BR | $6,150 | $3,850 | +$2,300 (+59.7%) |
| 3BR | $4,495 | $3,850 | +$645 (+16.8%) |
| 4BR | $7,950 | $4,995 | +$2,955 (+59.2%) |
| 4BR | $8,725 | $4,995 | +$3,730 (+74.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.