Monthly Rent Report
Sherman Oaks Rent Report — January 2023
Asking rents in ZIP 91423, Los Angeles, from 310 listings.
Median 1BR rent in Sherman Oaks was $2,295 in January 2023, up 12.0% (+$245) from December 2022. The middle half of 1BR listings asked between $2,295 and $2,295. That puts Sherman Oaks $170 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 310 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. December 2022 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,043 | +$443 (+27.7%) | — | $1,995 – $2,119 | 12 |
| Studio | $1,995 | +$395 (+24.7%) | — | $1,995 – $1,995 | 1 |
| 1BR | $2,295 | +$245 (+12.0%) | — | $2,295 – $2,295 | 1 |
| 1BR | $2,495 | +$445 (+21.7%) | — | $2,175 – $2,625 | 99 |
| 2BR | $2,295 | −$630 (-21.5%) | — | $2,295 – $2,295 | 1 |
| 2BR | $2,995 | +$70 (+2.4%) | — | $2,795 – $3,375 | 87 |
| 3BR | $3,995 | −$552 (-12.1%) | — | $3,995 – $3,995 | 1 |
| 3BR | $4,200 | −$347 (-7.6%) | — | $3,273 – $4,649 | 58 |
| 4BR | $12,950 | +$2,200 (+20.5%) | — | $10,499 – $16,500 | 22 |
| 4BR | $5,350 | −$5,400 (-50.2%) | — | $5,350 – $5,350 | 1 |
Median, P25, and P75 are asking rents from listings posted in January 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — January 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,043 | $1,795 | +$248 (+13.8%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $2,295 | $2,125 | +$170 (+8.0%) |
| 1BR | $2,495 | $2,125 | +$370 (+17.4%) |
| 2BR | $2,295 | $2,861 | −$566 (-19.8%) |
| 2BR | $2,995 | $2,861 | +$134 (+4.7%) |
| 3BR | $3,995 | $3,848 | +$148 (+3.8%) |
| 3BR | $4,200 | $3,848 | +$353 (+9.2%) |
| 4BR | $12,950 | $5,000 | +$7,951 (+159.0%) |
| 4BR | $5,350 | $5,000 | +$351 (+7.0%) |
Citywide figure is the median of zip-level medians across 131 Los Angeles zip codes with listings in January 2023.