Monthly Rent Report

Sherman Oaks Rent Report — December 2022

Asking rents in ZIP 91423, Los Angeles, from 216 listings.

Median 1BR rent in Sherman Oaks was $2,050 in December 2022, down 16.3% (−$400) from November 2022. The middle half of 1BR listings asked between $2,050 and $2,050. That puts Sherman Oaks $43 below the Los Angeles citywide 1BR median of $2,093. The month's figures are based on 216 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. November 2022Vs. Year AgoP25–P75 RangeListings
Studio$1,650−$340 (-17.1%)$1,584 – $1,7838
Studio$1,600−$390 (-19.6%)$1,575 – $1,6252
1BR$2,050−$400 (-16.3%)$2,050 – $2,0501
1BR$2,348−$102 (-4.2%)$2,050 – $2,57142
2BR$2,925+$475 (+19.4%)$2,542 – $3,22947
2BR$2,700+$250 (+10.2%)$2,700 – $2,7001
3BR$5,050−$225 (-4.3%)$4,200 – $5,92530
3BR$4,548−$727 (-13.8%)$4,200 – $5,50056
4BR$11,750+$5,750 (+95.8%)$11,625 – $11,8752
4BR$10,750+$4,750 (+79.2%)$6,500 – $12,00014

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

Sherman Oaks vs. Los AngelesDecember 2022

BedroomsSherman Oaks MedianLos Angeles Citywide MedianDifference
Studio$1,650$1,795−$145 (-8.1%)
Studio$1,600$1,795−$195 (-10.9%)
1BR$2,050$2,093−$42 (-2.0%)
1BR$2,348$2,093+$255 (+12.2%)
2BR$2,925$2,795+$130 (+4.7%)
2BR$2,700$2,795−$95 (-3.4%)
3BR$5,050$4,145+$905 (+21.8%)
3BR$4,548$4,145+$403 (+9.7%)
4BR$11,750$4,998+$6,753 (+135.1%)
4BR$10,750$4,998+$5,753 (+115.1%)

Citywide figure is the median of zip-level medians across 132 Los Angeles zip codes with listings in December 2022.

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