Monthly Rent Report
Sherman Oaks Rent Report — July 2024
Asking rents in ZIP 91423, Los Angeles, from 304 listings.
Median 1BR rent in Sherman Oaks was $2,445 in July 2024, up 15.2% (+$323) from June 2024 and up 4.0% year-over-year. The middle half of 1BR listings asked between $2,320 and $2,648. That puts Sherman Oaks $350 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 304 listings across 18 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2024 | Vs. July 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $2,173 | −$277 (-11.3%) | +$288 (+15.3%) | $1,895 – $2,450 | 4 |
| Studio | $1,775 | −$675 (-27.6%) | −$110 (-5.8%) | $1,635 – $2,398 | 7 |
| Studio | $1,995 | −$455 (-18.6%) | +$110 (+5.8%) | $1,995 – $1,995 | 6 |
| 1BR | $2,445 | +$323 (+15.2%) | +$95 (+4.0%) | $2,320 – $2,648 | 64 |
| 1BR | $2,485 | +$363 (+17.1%) | +$135 (+5.7%) | $2,485 – $2,485 | 42 |
| 1BR | $1,895 | −$227 (-10.7%) | −$455 (-19.4%) | $1,895 – $1,895 | 1 |
| 2BR | $3,090 | +$155 (+5.3%) | −$120 (-3.7%) | $3,090 – $3,365 | 83 |
| 2BR | $2,825 | −$110 (-3.7%) | −$385 (-12.0%) | $2,705 – $3,565 | 53 |
| 2BR | $2,795 | −$140 (-4.8%) | −$415 (-12.9%) | $2,595 – $2,995 | 2 |
| 3BR | $6,000 | +$1,000 (+20.0%) | +$1,810 (+43.2%) | $6,000 – $6,000 | 1 |
| 3BR | $3,450 | −$1,550 (-31.0%) | −$740 (-17.7%) | $3,450 – $3,450 | 1 |
| 3BR | $5,950 | +$950 (+19.0%) | +$1,760 (+42.0%) | $3,495 – $8,125 | 15 |
| 4BR | $11,000 | +$6,950 (+171.6%) | +$1,500 (+15.8%) | $11,000 – $11,000 | 1 |
| 4BR | $11,000 | +$6,950 (+171.6%) | +$1,500 (+15.8%) | $10,500 – $15,000 | 5 |
| 4BR | $11,000 | +$6,950 (+171.6%) | +$1,500 (+15.8%) | $7,650 – $13,750 | 7 |
Median, P25, and P75 are asking rents from listings posted in July 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — July 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $2,173 | $1,778 | +$394 (+22.2%) |
| Studio | $1,775 | $1,778 | −$3 (-0.2%) |
| Studio | $1,995 | $1,778 | +$217 (+12.2%) |
| 1BR | $2,445 | $2,095 | +$350 (+16.7%) |
| 1BR | $2,485 | $2,095 | +$390 (+18.6%) |
| 1BR | $1,895 | $2,095 | −$200 (-9.5%) |
| 2BR | $3,090 | $2,835 | +$255 (+9.0%) |
| 2BR | $2,825 | $2,835 | −$10 (-0.4%) |
| 2BR | $2,795 | $2,835 | −$40 (-1.4%) |
| 3BR | $6,000 | $3,900 | +$2,100 (+53.8%) |
| 3BR | $3,450 | $3,900 | −$450 (-11.5%) |
| 3BR | $5,950 | $3,900 | +$2,050 (+52.6%) |
| 4BR | $11,000 | $5,270 | +$5,730 (+108.7%) |
| 4BR | $11,000 | $5,270 | +$5,730 (+108.7%) |
| 4BR | $11,000 | $5,270 | +$5,730 (+108.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in July 2024.