Monthly Rent Report
Sherman Oaks Rent Report — October 2024
Asking rents in ZIP 91423, Los Angeles, from 69 listings.
Median 1BR rent in Sherman Oaks was $2,395 in October 2024, up 14.3% (+$300) from September 2024 and up 24.4% year-over-year. The middle half of 1BR listings asked between $2,085 and $2,495. That puts Sherman Oaks $384 above the Los Angeles citywide 1BR median of $2,011. The month's figures are based on 69 listings across 10 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2024 | Vs. October 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,745 | −$250 (-12.5%) | −$145 (-7.7%) | $1,720 – $1,770 | 2 |
| Studio | $2,195 | +$200 (+10.0%) | +$305 (+16.1%) | $2,045 – $2,206 | 3 |
| 1BR | $2,395 | +$300 (+14.3%) | +$470 (+24.4%) | $2,085 – $2,495 | 9 |
| 1BR | $1,950 | −$145 (-6.9%) | +$25 (+1.3%) | $1,948 – $2,050 | 3 |
| 2BR | $3,222 | +$477 (+17.4%) | +$227 (+7.6%) | $2,750 – $3,295 | 18 |
| 2BR | $2,495 | −$250 (-9.1%) | −$500 (-16.7%) | $2,495 – $2,495 | 1 |
| 3BR | $6,400 | +$3,400 (+113.3%) | −$9,600 (-60.0%) | $3,900 – $8,813 | 10 |
| 3BR | $8,250 | +$5,250 (+175.0%) | −$7,750 (-48.4%) | $8,250 – $8,250 | 1 |
| 4BR | $11,950 | +$8,050 (+206.4%) | +$2,775 (+30.2%) | $7,995 – $11,950 | 10 |
Median, P25, and P75 are asking rents from listings posted in October 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — October 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,745 | $1,700 | +$45 (+2.6%) |
| Studio | $2,195 | $1,700 | +$495 (+29.1%) |
| 1BR | $2,395 | $2,011 | +$384 (+19.1%) |
| 1BR | $1,950 | $2,011 | −$61 (-3.0%) |
| 2BR | $3,222 | $2,727 | +$495 (+18.2%) |
| 2BR | $2,495 | $2,727 | −$232 (-8.5%) |
| 3BR | $6,400 | $3,816 | +$2,584 (+67.7%) |
| 3BR | $8,250 | $3,816 | +$4,434 (+116.2%) |
| 4BR | $11,950 | $5,225 | +$6,725 (+128.7%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in October 2024.