Monthly Rent Report
Sherman Oaks Rent Report — October 2024
Asking rents in ZIP 91403, Los Angeles, from 93 listings.
Median 1BR rent in Sherman Oaks was $2,500 in October 2024, down 10.7% (−$300) from September 2024 and up 11.4% year-over-year. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Sherman Oaks $489 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 93 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,950 | +$40 (+2.1%) | +$328 (+20.2%) | $1,937 – $1,962 | 4 |
| Studio | $1,950 | +$40 (+2.1%) | +$328 (+20.2%) | $1,950 – $1,950 | 1 |
| Studio | $1,916 | +$6 (+0.3%) | +$294 (+18.1%) | $1,895 – $1,936 | 5 |
| 1BR | $2,500 | −$300 (-10.7%) | +$255 (+11.4%) | $2,500 – $2,500 | 2 |
| 1BR | $2,350 | −$450 (-16.1%) | +$105 (+4.7%) | $1,948 – $2,500 | 20 |
| 1BR | $1,895 | −$905 (-32.3%) | −$350 (-15.6%) | $1,895 – $1,895 | 1 |
| 2BR | $4,990 | +$2,290 (+84.8%) | −$485 (-8.9%) | $4,990 – $4,990 | 1 |
| 2BR | $2,599 | −$101 (-3.7%) | −$2,876 (-52.5%) | $1,975 – $2,599 | 19 |
| 3BR | $3,600 | −$2,550 (-41.5%) | −$3,400 (-48.6%) | $3,400 – $3,800 | 2 |
| 3BR | $6,500 | +$350 (+5.7%) | −$500 (-7.1%) | $6,500 – $6,500 | 2 |
| 4BR | $11,500 | +$3,550 (+44.7%) | +$4,505 (+64.4%) | $11,500 – $11,500 | 2 |
| 4BR | $9,200 | +$1,250 (+15.7%) | +$2,205 (+31.5%) | $6,000 – $13,500 | 20 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — October 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,950 | $1,700 | +$250 (+14.7%) |
| Studio | $1,950 | $1,700 | +$250 (+14.7%) |
| Studio | $1,916 | $1,700 | +$216 (+12.7%) |
| 1BR | $2,500 | $2,011 | +$489 (+24.3%) |
| 1BR | $2,350 | $2,011 | +$339 (+16.8%) |
| 1BR | $1,895 | $2,011 | −$116 (-5.8%) |
| 2BR | $4,990 | $2,727 | +$2,263 (+83.0%) |
| 2BR | $2,599 | $2,727 | −$128 (-4.7%) |
| 3BR | $3,600 | $3,816 | −$216 (-5.7%) |
| 3BR | $6,500 | $3,816 | +$2,684 (+70.3%) |
| 4BR | $11,500 | $5,225 | +$6,275 (+120.1%) |
| 4BR | $9,200 | $5,225 | +$3,975 (+76.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.