Average Rent in Sherman Oaks, Los Angeles, CA

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Current Versus Historical Sherman Oaks, Los Angeles, CA Rents

Sherman Oaks rentals average $1,864 for a studio rental to $13,000 for a 4-bedroom rental. The median price of all currently available listings is $4,750, or roughly $39 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $157 (9.20%) year-over-year from $1,707 to $1,864. 1-bedroom rentals prices have increased by $50 (2.43%) year-over-year from $2,072 to $2,123. 2-bedroom rentals prices have increased by $103 (3.68%) year-over-year from $2,797 to $2,900. 3-bedroom rentals prices have increased by $746 (13.81%) year-over-year from $5,399 to $6,145. 4-bedroom rentals prices have decreased by $317 (-2.38%) year-over-year from $13,317 to $13,000. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.68% this month. 1-bedroom rents have gone up by 1.22% this month. 2-bedroom rents have gone up by 1.19% this month. 3-bedroom rents have gone up by 9.93% this month. 4-bedroom rents have gone down by 2.99% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$47.09	$1,864	$1,707 (9.20%)	$1,711 (8.95%)
1 BR	$36.46	$2,123	$2,072 (2.43%)	$2,079 (2.08%)
2 BR	$31.89	$2,900	$2,797 (3.68%)	$2,881 (0.68%)
3 BR	$41.76	$6,145	$5,399 (13.81%)	$5,049 (21.70%)
4+ BR	$44.44	$13,000	$13,317 (-2.38%)	$11,664 (11.45%)

Historical Rents in Sherman Oaks, Los Angeles, CA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Sherman Oaks

There are a total of 41 cities nearby Sherman Oaks. The average rent in Sherman Oaks is currently $3,925 per month. A total of 27 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,150, is the most affordable city nearby. In contrast, the most expensive city near Sherman Oaks, Los Angeles, CA is Malibu, CA. Monthly rents here are on average $25,000 per month.

Let's compare Sherman Oaks, Los Angeles, CA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Sherman Oaks, Los Angeles, CA is 3.70% more expensive than other cities nearby. One bedrooms are about 14.56% more affordable. Two bedrooms in Sherman Oaks, Los Angeles, CA are about 10.34% more affordable. Finally, rent for three bedrooms are about 22.16% more expensive. Want more information? Check out the top 10 cities out of 41 total cities near Sherman Oaks, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,673	$1,798	$2,550	$2,150
Inglewood, CA	$1,795	$1,995	$2,500	$2,450
Glendale, CA	$1,873	$2,100	$3,000	$2,998
Burbank, CA	$2,175	$2,400	$2,900	$3,275
Los Angeles, CA	$1,725	$2,300	$3,350	$3,675
Culver City, CA	$2,613	$2,150	$3,500	$4,095
Santa Monica, CA	$2,350	$2,900	$4,995	$4,500
West Hollywood, CA	$2,173	$3,295	$6,148	$4,613
Calabasas, CA	$2,050	$2,950	$3,800	$6,950
Beverly Hills, CA	$2,524	$3,448	$4,723	$8,500

Top Neighborhoods Near Sherman Oaks

There are a total of 73 neighborhoods in or near Sherman Oaks. Some of these neighborhoods include Hollywood Studio District, Central Hollywood, and Van Nuys. We've included the top 30 neighborhoods out of 73 total neighborhoods in or near Sherman Oaks, Los Angeles, CA in the following table.

The average rent for these 30 neighborhoods in or near Sherman Oaks, Los Angeles, CA is currently around $3,690 per month. A total of 55 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Sherman Oaks's average rent, which is actually $4,750. Out of all the neighborhoods in or near Sherman Oaks, Westlake has the most affordable average rent at $1,295 per month. Whereas, at $18,900 average rent per month, Bel Air-Beverly Crest is the most expensive neighborhood in or near Sherman Oaks. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Hollywood Studio District, Los Angeles, CA	$1,473	$1,873	$2,948	$2,350
Central Hollywood, Los Angeles, CA	$1,497	$1,995	$3,022	$2,650
Van Nuys, Los Angeles, CA	$1,450	$2,000	$2,500	$2,750
Reseda, Los Angeles, CA	$1,850	$1,950	$2,950	$3,150
Mid-Town North Hollywood, Los Angeles, CA	$1,695	$2,000	$2,865	$3,250
Palms, Los Angeles, CA	$2,310	$3,495	$3,373	$3,407
West Los Angeles, Los Angeles, CA	$1,648	$2,395	$3,643	$3,493
Lake Balboa, Los Angeles, CA	$1,675	$1,895	$2,995	$3,500
Greater Wilshire, Los Angeles, CA	$1,895	$2,395	$2,925	$3,500
Winnetka, Los Angeles, CA	$1,700	$2,095	$2,800	$3,600
Greater Valley Glen, Los Angeles, CA	$1,775	$1,987	$2,800	$3,690
South Robertson, Los Angeles, CA	$1,900	$2,545	$3,485	$3,750
Valley Village, Los Angeles, CA	$1,875	$2,200	$3,023	$3,900
Northridge, Los Angeles, CA	$1,775	$1,995	$3,099	$3,900
Mid City, Los Angeles, CA	$2,500	$1,995	$2,700	$3,925
Greater Griffith Park, Los Angeles, CA	$1,825	$2,733	$3,700	$3,950
Mid-City West, Los Angeles, CA	$1,695	$2,899	$4,250	$4,085
Tarzana, Los Angeles, CA	$1,725	$1,975	$2,800	$4,200
Wilshire-Montana, Santa Monica, CA	$1,748	$2,950	$4,950	$4,265
Mid-City, Santa Monica, CA	$2,400	$2,760	$4,495	$4,498
Westwood, Los Angeles, CA	$2,323	$3,250	$4,700	$4,600
PICO, Los Angeles, CA	$1,650	$2,550	$3,995	$4,929
Hollywood United, Los Angeles, CA	$1,495	$2,973	$4,200	$4,950
Westside, Los Angeles, CA	$2,248	$2,595	$4,108	$5,273
Hollywood Hills West, Los Angeles, CA	$1,673	$2,445	$3,993	$5,400
Encino, Los Angeles, CA	$1,993	$1,950	$3,173	$5,400
Studio City, Los Angeles, CA	$1,549	$2,950	$3,473	$6,500
Brentwood, Los Angeles, CA	$3,295	$2,998	$4,999	$9,500
Pacific Palisades, Los Angeles, CA	$1,800	$3,438	$6,800	$16,900
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$4,848	$8,875	$18,900

Top Counties Near Sherman Oaks

There are a total of 3 counties located by Sherman Oaks, Los Angeles, CA. Some of these counties include Los Angeles, CA, Ventura, CA, and Orange, CA. The average rent for rentals in these counties is $4,000. That's roughly around $38 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Los Angeles, CA. Its average rent per month is $3,600. Vice versa, with an average rent of $4,800, Orange, CA is the most expensive county by Sherman Oaks, Los Angeles, CA.

Typically, rent for studios in Sherman Oaks, Los Angeles, CA is 9.98% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Sherman Oaks, Los Angeles, CA is 9.79% more affordable than other counties nearby. Finally, rent for two bedrooms in Sherman Oaks, Los Angeles, CA is 10.34% more affordable than other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Los Angeles, CA	$1,725	$2,289	$3,200	$3,600
Ventura, CA	$2,050	$2,300	$3,000	$4,000
Orange, CA	$2,600	$2,550	$3,500	$4,800

Top Zipcodes Near Sherman Oaks

There are a total of 50 zipcodes in or near Sherman Oaks, Los Angeles, CA. The average rent for all of these zipcodes is $3,600. A total of 39 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 90006, Los Angeles, CA at $2,154 per month. In comparison, the zipcode with the most expensive average rent of $23,000 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,750. That's at least $48 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Sherman Oaks, Los Angeles, CA is $2,241 per month. Or in other words, $42 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,195 per month. Which comes out to $38 per sqft. The following table includes the top 10 zipcodes in Sherman Oaks, Los Angeles, CA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
91423, Los Angeles, CA	$1,944	$2,150	$3,195	$4,975
91403, Los Angeles, CA	$1,698	$2,074	$2,850	$4,298
91411, Los Angeles, CA	$1,423	$1,945	$2,599	$2,675
91401, Los Angeles, CA	$1,750	$1,999	$2,398	$3,498
91607, Los Angeles, CA	$1,875	$2,200	$3,023	$3,975
91604, Los Angeles, CA	$1,549	$2,973	$3,495	$6,700
91405, Los Angeles, CA	N/A	$2,000	$2,773	$2,948
90210, Los Angeles, CA	N/A	$4,800	$6,098	$23,000
91606, Los Angeles, CA	$1,675	$1,895	$2,800	$2,865
91406, Los Angeles, CA	$1,650	$2,095	$2,600	$3,400

Frequently Asked Questions - Sherman Oaks Average Rents

What is the average rent price in Sherman Oaks, Los Angeles, CA?

The average monthly rental price for Sherman Oaks, Los Angeles, CA apartments for rent is approximately $4,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Sherman Oaks, Los Angeles, CA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Sherman Oaks, Los Angeles, CA.

How much is a studio apartment in Sherman Oaks, Los Angeles, CA?

The average monthly rental price for studio apartments is $1,864 and an average price per square feet of $47.09. There are a total of 7 studio apartment listings currently available for rent in Sherman Oaks.

How much is a one bedroom apartment in Sherman Oaks, Los Angeles, CA?

The average monthly rental price for one bedroom apartments is $2,095 and an average price per square feet of $36.46. There are a total of 35 one bedroom apartment listings currently available for rent in Sherman Oaks.

How much is a two bedroom apartment in Sherman Oaks, Los Angeles, CA?

The average monthly rental price for two bedroom apartments is $2,900 and an average price per square feet of $31.89. There are a total of 69 two bedroom apartment listings currently available for rent in Sherman Oaks.

How have rent prices in Sherman Oaks, Los Angeles, CA changed this year?

Rent prices for rentals in Sherman Oaks, Los Angeles, CA can fluctuate yearly. Specifically, studio rental prices have changed by 0.09%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in Sherman Oaks, Los Angeles, CA?

A reasonable rent price in Sherman Oaks, Los Angeles, CA is around $3,800/month. You can search for these reasonably priced rental listings on RentHop.