Monthly Rent Report
Sherman Oaks Rent Report — December 2024
Asking rents in ZIP 91403, Los Angeles, from 92 listings.
Median 1BR rent in Sherman Oaks was $2,223 in December 2024, down 16.1% (−$427) from November 2024 and down 5.4% year-over-year. The middle half of 1BR listings asked between $2,033 and $2,449. That puts Sherman Oaks $155 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 92 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,985 | −$76 (-3.7%) | +$134 (+7.2%) | $1,950 – $2,145 | 22 |
| 1BR | $2,223 | −$427 (-16.1%) | −$127 (-5.4%) | $2,033 – $2,449 | 4 |
| 1BR | $2,000 | −$650 (-24.5%) | −$350 (-14.9%) | $2,000 – $2,000 | 1 |
| 2BR | $2,695 | −$195 (-6.7%) | −$80 (-2.9%) | $2,695 – $2,695 | 1 |
| 2BR | $2,895 | +$5 (+0.2%) | +$120 (+4.3%) | $2,521 – $3,721 | 38 |
| 2BR | $2,900 | +$10 (+0.3%) | +$125 (+4.5%) | $2,600 – $3,475 | 4 |
| 3BR | $5,150 | +$1,250 (+32.1%) | +$1,655 (+47.4%) | $5,150 – $5,150 | 1 |
| 3BR | $7,325 | +$3,425 (+87.8%) | +$3,830 (+109.6%) | $4,563 – $9,925 | 4 |
| 3BR | $4,125 | +$225 (+5.8%) | +$630 (+18.0%) | $3,813 – $4,438 | 2 |
| 4BR | $16,900 | +$7,900 (+87.8%) | −$1,095 (-6.1%) | $7,175 – $16,900 | 8 |
| 4BR | $16,900 | +$7,900 (+87.8%) | −$1,095 (-6.1%) | $16,900 – $16,900 | 2 |
| 4BR | $5,299 | −$3,701 (-41.1%) | −$12,696 (-70.6%) | $5,299 – $5,299 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — December 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,985 | $1,725 | +$260 (+15.1%) |
| 1BR | $2,223 | $2,068 | +$155 (+7.5%) |
| 1BR | $2,000 | $2,068 | −$67 (-3.3%) |
| 2BR | $2,695 | $2,750 | −$55 (-2.0%) |
| 2BR | $2,895 | $2,750 | +$145 (+5.3%) |
| 2BR | $2,900 | $2,750 | +$150 (+5.5%) |
| 3BR | $5,150 | $3,995 | +$1,155 (+28.9%) |
| 3BR | $7,325 | $3,995 | +$3,330 (+83.4%) |
| 3BR | $4,125 | $3,995 | +$130 (+3.3%) |
| 4BR | $16,900 | $4,900 | +$12,000 (+244.9%) |
| 4BR | $16,900 | $4,900 | +$12,000 (+244.9%) |
| 4BR | $5,299 | $4,900 | +$399 (+8.1%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.