Monthly Rent Report
Sherman Oaks Rent Report — September 2024
Asking rents in ZIP 91423, Los Angeles, from 43 listings.
Median 1BR rent in Sherman Oaks was $2,095 in September 2024, flat versus August 2024 and down 11.4% year-over-year. The middle half of 1BR listings asked between $2,045 and $2,145. That puts Sherman Oaks $97 above the Los Angeles citywide 1BR median of $1,999. The month's figures are based on 43 listings across 8 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. August 2024 | Vs. September 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,750 | −$925 (-34.6%) | −$45 (-2.5%) | $1,750 – $1,750 | 1 |
| Studio | $1,995 | −$680 (-25.4%) | +$200 (+11.1%) | $1,800 – $2,025 | 15 |
| 1BR | $2,095 | $0 (0.0%) | −$270 (-11.4%) | $2,045 – $2,145 | 2 |
| 2BR | $2,745 | −$125 (-4.4%) | −$54 (-1.9%) | $2,745 – $2,745 | 1 |
| 3BR | $9,000 | +$6,100 (+210.3%) | +$5,900 (+190.3%) | $9,000 – $9,000 | 3 |
| 3BR | $3,000 | +$100 (+3.4%) | −$100 (-3.2%) | $3,000 – $3,000 | 1 |
| 4BR | $3,900 | −$6,550 (-62.7%) | −$3,950 (-50.3%) | $3,600 – $4,400 | 3 |
Median, P25, and P75 are asking rents from listings posted in September 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — September 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,750 | $1,755 | −$5 (-0.3%) |
| Studio | $1,995 | $1,755 | +$240 (+13.7%) |
| 1BR | $2,095 | $1,999 | +$97 (+4.8%) |
| 2BR | $2,745 | $2,795 | −$50 (-1.8%) |
| 3BR | $9,000 | $3,850 | +$5,150 (+133.8%) |
| 3BR | $3,000 | $3,850 | −$850 (-22.1%) |
| 4BR | $3,900 | $4,995 | −$1,095 (-21.9%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in September 2024.