Monthly Rent Report
Sherman Oaks Rent Report — February 2023
Asking rents in ZIP 91423, Los Angeles, from 230 listings.
Median 1BR rent in Sherman Oaks was $2,400 in February 2023, down 3.8% (−$95) from January 2023. The middle half of 1BR listings asked between $2,100 and $2,563. That puts Sherman Oaks $275 above the Los Angeles citywide 1BR median of $2,125. The month's figures are based on 230 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2023 | Vs. Year Ago | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,023 | +$28 (+1.4%) | — | $1,995 – $2,095 | 10 |
| Studio | $1,995 | $0 (0.0%) | — | $1,995 – $2,095 | 9 |
| 1BR | $2,400 | −$95 (-3.8%) | — | $2,100 – $2,563 | 70 |
| 1BR | $2,025 | −$470 (-18.8%) | — | $2,025 – $2,025 | 1 |
| 2BR | $3,015 | +$720 (+31.4%) | — | $2,825 – $3,275 | 71 |
| 2BR | $3,050 | +$755 (+32.9%) | — | $3,050 – $3,050 | 1 |
| 3BR | $4,255 | +$55 (+1.3%) | — | $2,995 – $4,884 | 42 |
| 3BR | $3,300 | −$900 (-21.4%) | — | $3,300 – $3,300 | 1 |
| 4BR | $6,500 | −$6,450 (-49.8%) | — | $6,500 – $7,495 | 18 |
| 4BR | $4,295 | −$8,655 (-66.8%) | — | $4,295 – $4,295 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — February 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,023 | $1,795 | +$228 (+12.7%) |
| Studio | $1,995 | $1,795 | +$200 (+11.1%) |
| 1BR | $2,400 | $2,125 | +$275 (+12.9%) |
| 1BR | $2,025 | $2,125 | −$100 (-4.7%) |
| 2BR | $3,015 | $2,773 | +$242 (+8.7%) |
| 2BR | $3,050 | $2,773 | +$277 (+10.0%) |
| 3BR | $4,255 | $3,850 | +$405 (+10.5%) |
| 3BR | $3,300 | $3,850 | −$550 (-14.3%) |
| 4BR | $6,500 | $4,695 | +$1,805 (+38.4%) |
| 4BR | $4,295 | $4,695 | −$400 (-8.5%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in February 2023.