Monthly Rent Report
Sherman Oaks Rent Report — November 2024
Asking rents in ZIP 91423, Los Angeles, from 54 listings.
Median 1BR rent in Sherman Oaks was $2,210 in November 2024, up 13.3% (+$260) from October 2024 and down 5.8% year-over-year. The middle half of 1BR listings asked between $2,210 and $2,210. That puts Sherman Oaks $138 above the Los Angeles citywide 1BR median of $2,073. The month's figures are based on 54 listings across 14 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. October 2024 | Vs. November 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,472 | −$273 (-15.6%) | −$458 (-23.7%) | $1,472 – $1,472 | 2 |
| Studio | $1,825 | +$80 (+4.6%) | −$105 (-5.4%) | $1,825 – $1,825 | 1 |
| 1BR | $2,210 | +$260 (+13.3%) | −$135 (-5.8%) | $2,210 – $2,210 | 10 |
| 1BR | $1,995 | +$45 (+2.3%) | −$350 (-14.9%) | $1,995 – $1,995 | 1 |
| 2BR | $2,750 | −$472 (-14.6%) | +$300 (+12.2%) | $2,674 – $3,725 | 3 |
| 2BR | $2,750 | −$472 (-14.6%) | +$300 (+12.2%) | $2,750 – $2,750 | 1 |
| 2BR | $2,672 | −$550 (-17.1%) | +$222 (+9.1%) | $2,672 – $2,672 | 1 |
| 3BR | $3,498 | −$2,902 (-45.4%) | +$603 (+20.8%) | $3,495 – $4,649 | 18 |
| 3BR | $3,000 | −$3,400 (-53.1%) | +$105 (+3.6%) | $3,000 – $3,000 | 1 |
| 3BR | $4,700 | −$1,700 (-26.6%) | +$1,805 (+62.3%) | $4,700 – $4,700 | 1 |
| 4BR | $14,000 | +$2,050 (+17.2%) | +$6,200 (+79.5%) | $14,000 – $14,000 | 1 |
| 4BR | $13,500 | +$1,550 (+13.0%) | +$5,700 (+73.1%) | $13,500 – $13,500 | 1 |
| 4BR | $7,500 | −$4,450 (-37.2%) | −$300 (-3.8%) | $5,650 – $10,750 | 3 |
Median, P25, and P75 are asking rents from listings posted in November 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — November 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,472 | $1,750 | −$278 (-15.9%) |
| Studio | $1,825 | $1,750 | +$75 (+4.3%) |
| 1BR | $2,210 | $2,073 | +$138 (+6.6%) |
| 1BR | $1,995 | $2,073 | −$77 (-3.7%) |
| 2BR | $2,750 | $2,850 | −$100 (-3.5%) |
| 2BR | $2,750 | $2,850 | −$100 (-3.5%) |
| 2BR | $2,672 | $2,850 | −$178 (-6.2%) |
| 3BR | $3,498 | $3,895 | −$397 (-10.2%) |
| 3BR | $3,000 | $3,895 | −$895 (-23.0%) |
| 3BR | $4,700 | $3,895 | +$805 (+20.7%) |
| 4BR | $14,000 | $5,220 | +$8,781 (+168.2%) |
| 4BR | $13,500 | $5,220 | +$8,281 (+158.6%) |
| 4BR | $7,500 | $5,220 | +$2,281 (+43.7%) |
Citywide figure is the median of zip-level medians across 143 Los Angeles zip codes with listings in November 2024.