Monthly Rent Report
Sherman Oaks Rent Report — December 2024
Asking rents in ZIP 91423, Los Angeles, from 82 listings.
Median 1BR rent in Sherman Oaks was $2,119 in December 2024, up 6.2% (+$124) from November 2024 and down 17.2% year-over-year. The middle half of 1BR listings asked between $2,119 and $2,119. That puts Sherman Oaks $52 above the Los Angeles citywide 1BR median of $2,068. The month's figures are based on 82 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. November 2024 | Vs. December 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,995 | +$170 (+9.3%) | +$300 (+17.7%) | $1,845 – $2,195 | 8 |
| Studio | $2,195 | +$370 (+20.3%) | +$500 (+29.5%) | $2,195 – $2,195 | 1 |
| Studio | $1,395 | −$430 (-23.6%) | −$300 (-17.7%) | $1,395 – $1,395 | 1 |
| 1BR | $2,119 | +$124 (+6.2%) | −$441 (-17.2%) | $2,119 – $2,119 | 1 |
| 1BR | $2,750 | +$755 (+37.8%) | +$190 (+7.4%) | $2,250 – $2,750 | 12 |
| 1BR | $2,250 | +$255 (+12.8%) | −$310 (-12.1%) | $2,250 – $2,250 | 1 |
| 2BR | $4,078 | +$1,406 (+52.6%) | +$1,403 (+52.4%) | $3,719 – $4,436 | 2 |
| 2BR | $2,695 | +$23 (+0.9%) | +$20 (+0.7%) | $2,350 – $3,593 | 19 |
| 2BR | $2,495 | −$177 (-6.6%) | −$180 (-6.7%) | $2,495 – $2,495 | 1 |
| 3BR | $5,025 | +$325 (+6.9%) | +$775 (+18.2%) | $4,663 – $5,388 | 2 |
| 3BR | $3,900 | −$800 (-17.0%) | −$350 (-8.2%) | $3,900 – $3,900 | 1 |
| 3BR | $3,200 | −$1,500 (-31.9%) | −$1,050 (-24.7%) | $2,720 – $4,550 | 14 |
| 4BR | $4,250 | −$9,750 (-69.6%) | −$11,250 (-72.6%) | $4,250 – $4,250 | 1 |
| 4BR | $4,250 | −$9,750 (-69.6%) | −$11,250 (-72.6%) | $4,250 – $4,250 | 1 |
Median, P25, and P75 are asking rents from listings posted in December 2024. Changes compare against the nearest prior month with data.
Sherman Oaks vs. Los Angeles — December 2024
| Bedrooms | Sherman Oaks Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,995 | $1,725 | +$270 (+15.7%) |
| Studio | $2,195 | $1,725 | +$470 (+27.2%) |
| Studio | $1,395 | $1,725 | −$330 (-19.1%) |
| 1BR | $2,119 | $2,068 | +$52 (+2.5%) |
| 1BR | $2,750 | $2,068 | +$683 (+33.0%) |
| 1BR | $2,250 | $2,068 | +$183 (+8.8%) |
| 2BR | $4,078 | $2,750 | +$1,328 (+48.3%) |
| 2BR | $2,695 | $2,750 | −$55 (-2.0%) |
| 2BR | $2,495 | $2,750 | −$255 (-9.3%) |
| 3BR | $5,025 | $3,995 | +$1,030 (+25.8%) |
| 3BR | $3,900 | $3,995 | −$95 (-2.4%) |
| 3BR | $3,200 | $3,995 | −$795 (-19.9%) |
| 4BR | $4,250 | $4,900 | −$650 (-13.3%) |
| 4BR | $4,250 | $4,900 | −$650 (-13.3%) |
Citywide figure is the median of zip-level medians across 142 Los Angeles zip codes with listings in December 2024.