Monthly Rent Report
Sherman Oaks Rent Report — June 2023
Asking rents in ZIP 91423, Los Angeles, from 128 listings.
Median 1BR rent in Sherman Oaks was $2,295 in June 2023, up 18.0% (+$350) from May 2023 and up 4.4% year-over-year. The middle half of 1BR listings asked between $2,100 and $2,450. That puts Sherman Oaks $195 above the Los Angeles citywide 1BR median of $2,100. The month's figures are based on 128 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. May 2023 | Vs. June 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$345 (+20.9%) | +$445 (+28.7%) | $1,995 – $1,995 | 1 |
| Studio | $1,995 | +$345 (+20.9%) | +$445 (+28.7%) | $1,895 – $2,043 | 3 |
| 1BR | $2,295 | +$350 (+18.0%) | +$96 (+4.4%) | $2,100 – $2,450 | 33 |
| 1BR | $2,095 | +$150 (+7.7%) | −$104 (-4.7%) | $1,995 – $2,195 | 2 |
| 2BR | $2,795 | −$235 (-7.8%) | +$245 (+9.6%) | $2,795 – $2,795 | 1 |
| 2BR | $3,150 | +$120 (+4.0%) | +$600 (+23.5%) | $2,773 – $3,415 | 31 |
| 3BR | $4,190 | $0 (0.0%) | −$2,305 (-35.5%) | $4,190 – $4,190 | 37 |
| 3BR | $7,950 | +$3,760 (+89.7%) | +$1,455 (+22.4%) | $7,950 – $7,950 | 1 |
| 4BR | $8,000 | +$325 (+4.2%) | −$500 (-5.9%) | $5,574 – $13,750 | 10 |
| 4BR | $5,295 | −$2,380 (-31.0%) | −$3,205 (-37.7%) | $5,295 – $5,545 | 3 |
Median, P25, and P75 are asking rents from listings posted in June 2023. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — June 2023
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,758 | +$237 (+13.5%) |
| Studio | $1,995 | $1,758 | +$237 (+13.5%) |
| 1BR | $2,295 | $2,100 | +$195 (+9.3%) |
| 1BR | $2,095 | $2,100 | −$5 (-0.2%) |
| 2BR | $2,795 | $2,900 | −$105 (-3.6%) |
| 2BR | $3,150 | $2,900 | +$250 (+8.6%) |
| 3BR | $4,190 | $3,850 | +$340 (+8.8%) |
| 3BR | $7,950 | $3,850 | +$4,100 (+106.5%) |
| 4BR | $8,000 | $5,100 | +$2,900 (+56.9%) |
| 4BR | $5,295 | $5,100 | +$195 (+3.8%) |
Citywide figure is the median of zip-level medians across 130 Los Angeles zip codes with listings in June 2023.