Monthly Rent Report

Sherman Oaks Rent Report — August 2022

Asking rents in ZIP 91423, Los Angeles, from 116 listings.

Median 1BR rent in Sherman Oaks was $2,395 in August 2022, down 4.2% (−$105) from July 2022. The middle half of 1BR listings asked between $2,100 and $2,625. That puts Sherman Oaks $300 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 116 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. July 2022Vs. Year AgoP25–P75 RangeListings
Studio$2,310+$70 (+3.1%)$2,283 – $2,3444
Studio$1,796−$444 (-19.8%)$1,796 – $1,7961
1BR$2,395−$105 (-4.2%)$2,100 – $2,62539
1BR$1,995−$505 (-20.2%)$1,995 – $1,9952
2BR$4,000+$1,305 (+48.4%)$4,000 – $4,0001
2BR$2,395−$300 (-11.1%)$1,395 – $2,5505
3BR$4,045−$1,602 (-28.4%)$3,595 – $5,19553
3BR$6,500+$853 (+15.1%)$6,150 – $6,8502
4BR$5,500−$7,000 (-56.0%)$5,500 – $5,5001
4BR$5,500−$7,000 (-56.0%)$5,500 – $5,5001

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

Sherman Oaks vs. Los AngelesAugust 2022

BedroomsSherman Oaks MedianLos Angeles Citywide MedianDifference
Studio$2,310$1,773+$538 (+30.3%)
Studio$1,796$1,773+$24 (+1.3%)
1BR$2,395$2,095+$300 (+14.3%)
1BR$1,995$2,095−$100 (-4.8%)
2BR$4,000$2,880+$1,120 (+38.9%)
2BR$2,395$2,880−$485 (-16.8%)
3BR$4,045$3,795+$250 (+6.6%)
3BR$6,500$3,795+$2,705 (+71.3%)
4BR$5,500$5,200+$300 (+5.8%)
4BR$5,500$5,200+$300 (+5.8%)

Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in August 2022.

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