Monthly Rent Report
Sherman Oaks Rent Report — November 2024
Asking rents in ZIP 91403, Los Angeles, from 55 listings.
Median 1BR rent in Sherman Oaks was $2,284 in November 2024, down 2.8% (−$66) from October 2024 and up 6.3% year-over-year. The middle half of 1BR listings asked between $2,284 and $2,284. That puts Sherman Oaks $212 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 55 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,061 | +$111 (+5.7%) | +$363 (+21.4%) | $2,061 – $2,061 | 1 |
| Studio | $1,250 | −$700 (-35.9%) | −$448 (-26.4%) | $1,250 – $1,250 | 2 |
| 1BR | $2,284 | −$66 (-2.8%) | +$135 (+6.3%) | $2,284 – $2,284 | 2 |
| 1BR | $2,650 | +$300 (+12.8%) | +$501 (+23.3%) | $2,650 – $2,800 | 9 |
| 2BR | $3,150 | +$551 (+21.2%) | +$350 (+12.5%) | $2,971 – $3,200 | 20 |
| 2BR | $2,890 | +$291 (+11.2%) | +$90 (+3.2%) | $2,890 – $2,890 | 1 |
| 3BR | $3,900 | +$300 (+8.3%) | −$3,000 (-43.5%) | $3,900 – $4,249 | 4 |
| 3BR | $3,900 | +$300 (+8.3%) | −$3,000 (-43.5%) | $3,900 – $4,538 | 12 |
| 4BR | $5,500 | −$3,700 (-40.2%) | −$3,400 (-38.2%) | $5,500 – $5,500 | 1 |
| 4BR | $9,000 | −$200 (-2.2%) | +$100 (+1.1%) | $9,000 – $9,000 | 1 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — November 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,061 | $1,750 | +$311 (+17.8%) |
| Studio | $1,250 | $1,750 | −$500 (-28.6%) |
| 1BR | $2,284 | $2,073 | +$212 (+10.2%) |
| 1BR | $2,650 | $2,073 | +$578 (+27.9%) |
| 2BR | $3,150 | $2,850 | +$300 (+10.5%) |
| 2BR | $2,890 | $2,850 | +$40 (+1.4%) |
| 3BR | $3,900 | $3,895 | +$5 (+0.1%) |
| 3BR | $3,900 | $3,895 | +$5 (+0.1%) |
| 4BR | $5,500 | $5,220 | +$281 (+5.4%) |
| 4BR | $9,000 | $5,220 | +$3,781 (+72.4%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.