Monthly Rent Report

Sherman Oaks Rent Report — July 2022

Asking rents in ZIP 91423, Los Angeles, from 92 listings.

Median 1BR rent in Sherman Oaks was $2,500 in July 2022, down 32.4% (−$1,200) from June 2022. The middle half of 1BR listings asked between $2,500 and $2,500. That puts Sherman Oaks $400 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 92 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. June 2022Vs. Year AgoP25–P75 RangeListings
Studio$1,795+$245 (+15.8%)$1,795 – $1,7951
Studio$2,240+$690 (+44.5%)$2,004 – $2,2454
1BR$2,500−$1,200 (-32.4%)$2,500 – $2,5001
1BR$2,270−$1,430 (-38.6%)$1,895 – $2,6209
2BR$3,400−$150 (-4.2%)$3,000 – $3,89533
2BR$2,695−$855 (-24.1%)$2,695 – $2,6951
3BR$5,648−$847 (-13.0%)$4,471 – $6,8242
3BR$5,200−$1,295 (-19.9%)$4,499 – $5,50033
4BR$12,500+$4,000 (+47.1%)$12,500 – $12,5001
4BR$12,500+$4,000 (+47.1%)$8,898 – $13,0003

Median, P25, and P75 are asking rents from listings posted in July 2022. Changes compare against the nearest prior month with data.

Sherman Oaks vs. Los AngelesJuly 2022

BedroomsSherman Oaks MedianLos Angeles Citywide MedianDifference
Studio$1,795$1,695+$100 (+5.9%)
Studio$2,240$1,695+$545 (+32.2%)
1BR$2,500$2,100+$400 (+19.0%)
1BR$2,270$2,100+$170 (+8.1%)
2BR$3,400$2,995+$405 (+13.5%)
2BR$2,695$2,995−$300 (-10.0%)
3BR$5,648$3,900+$1,748 (+44.8%)
3BR$5,200$3,900+$1,300 (+33.3%)
4BR$12,500$5,273+$7,228 (+137.1%)
4BR$12,500$5,273+$7,228 (+137.1%)

Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in July 2022.

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