Monthly Rent Report
Sherman Oaks Rent Report — May 2022
Asking rents in ZIP 91423, Los Angeles, from 15 listings.
Median 1BR rent in Sherman Oaks was $2,345 in May 2022, up 23.7% (+$450) from April 2022. The middle half of 1BR listings asked between $2,345 and $2,345. That puts Sherman Oaks $395 above the Los Angeles citywide 1BR median of $1,950. The month's figures are based on 15 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. April 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,595 | −$5 (-0.3%) | — | $1,595 – $1,595 | 1 |
| 1BR | $2,345 | +$450 (+23.7%) | — | $2,345 – $2,345 | 1 |
| 1BR | $2,395 | +$500 (+26.4%) | — | $2,395 – $2,395 | 1 |
| 2BR | $2,795 | $0 (0.0%) | — | $2,795 – $2,795 | 1 |
| 2BR | $2,695 | −$100 (-3.6%) | — | $2,695 – $2,695 | 1 |
| 3BR | $3,950 | +$253 (+6.8%) | — | $3,523 – $4,475 | 3 |
| 3BR | $5,623 | +$1,925 (+52.1%) | — | $5,495 – $5,875 | 4 |
| 4BR | $5,500 | −$4,495 (-45.0%) | — | $5,500 – $5,500 | 1 |
| 4BR | $5,690 | −$4,305 (-43.1%) | — | $5,690 – $5,690 | 1 |
Median, P25, and P75 are asking rents from listings posted in May 2022. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — May 2022
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,595 | $1,620 | −$25 (-1.5%) |
| 1BR | $2,345 | $1,950 | +$395 (+20.3%) |
| 1BR | $2,395 | $1,950 | +$445 (+22.8%) |
| 2BR | $2,795 | $2,800 | −$5 (-0.2%) |
| 2BR | $2,695 | $2,800 | −$105 (-3.8%) |
| 3BR | $3,950 | $3,995 | −$45 (-1.1%) |
| 3BR | $5,623 | $3,995 | +$1,628 (+40.7%) |
| 4BR | $5,500 | $5,100 | +$400 (+7.8%) |
| 4BR | $5,690 | $5,100 | +$590 (+11.6%) |
Citywide figure is the median of zip-level medians across 129 Los Angeles zip codes with listings in May 2022.