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 $1,795 for a studio rental to $12,900 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $38 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $80 (-3.89%) year-over-year from $2,056 to $1,976. 1-bedroom rentals prices have increased by $46 (2.15%) year-over-year from $2,149 to $2,195. 2-bedroom rentals prices have increased by $235 (7.29%) year-over-year from $3,216 to $3,450. 3-bedroom rentals prices have increased by $1,173 (24.20%) year-over-year from $4,849 to $6,023. 4-bedroom rentals prices have increased by $1,287 (11.08%) year-over-year from $11,613 to $12,900. 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 6.46% this month. 1-bedroom rents have gone up by 6.38% this month. 2-bedroom rents have gone up by 14.52% this month. 3-bedroom rents have gone up by 0.26% this month. 4-bedroom rents have gone up by 8.25% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $45.48 $1,976 $2,056 (-3.89%) $1,716 (15.14%)
1 BR $35.05 $2,195 $2,149 (2.15%) $2,030 (8.14%)
2 BR $32.97 $3,450 $3,216 (7.29%) $2,749 (25.52%)
3 BR $39.40 $6,023 $4,849 (24.20%) $4,417 (36.36%)
4+ BR $43.78 $12,900 $11,613 (11.08%) $9,988 (29.15%)

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 40 cities nearby Sherman Oaks. The average rent in Sherman Oaks is currently $3,973 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 $2,178, 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 2.51% more expensive than other cities nearby. One bedrooms are about 13.95% more affordable. Two bedrooms in Sherman Oaks, Los Angeles, CA are about 2.34% more affordable. Finally, rent for three bedrooms are about 19.83% more expensive. Want more information? Check out the top 10 cities out of 40 total cities near Sherman Oaks, Los Angeles, CA in the following table.
City Studio 1 Bed 2 Bed All
Hawthorne, CA $1,695 $1,798 $2,425 $2,178
Inglewood, CA $1,725 $2,100 $2,595 $2,450
Glendale, CA $1,695 $2,250 $3,000 $3,000
Burbank, CA $2,886 $2,348 $3,248 $3,297
Los Angeles, CA $1,750 $2,300 $3,399 $3,700
Culver City, CA $2,575 $2,550 $3,588 $3,875
West Hollywood, CA $2,375 $3,200 $5,995 $4,400
Santa Monica, CA $2,432 $3,095 $5,050 $4,500
Calabasas, CA $2,400 $2,600 $3,700 $7,900
Beverly Hills, CA $2,348 $3,175 $4,800 $7,950

Top Neighborhoods Near Sherman Oaks

There are a total of 68 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 68 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 $3,756 per month. A total of 48 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Sherman Oaks's average rent, which is actually $4,500. Out of all the neighborhoods in or near Sherman Oaks, MacArthur Park has the most affordable average rent at $1,737 per month. Whereas, at $18,995 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 $1,399 $1,847 $2,623 $2,547
Central Hollywood, Los Angeles, CA $1,543 $1,963 $3,097 $2,776
Van Nuys, Los Angeles, CA $1,495 $1,900 $2,750 $2,900
Reseda, Los Angeles, CA $1,795 $1,950 $2,895 $3,050
Lake Balboa, Los Angeles, CA $1,575 $1,895 $2,821 $3,275
Mid-Town North Hollywood, Los Angeles, CA $1,648 $1,948 $2,793 $3,318
Greater Griffith Park, Los Angeles, CA $1,808 $2,425 $3,150 $3,473
Greater Wilshire, Los Angeles, CA $1,690 $2,300 $2,800 $3,495
Palms, Los Angeles, CA $1,800 $3,369 $4,150 $3,523
Winnetka, Los Angeles, CA $1,500 $1,948 $2,800 $3,600
Valley Village, Los Angeles, CA $1,875 $2,225 $2,950 $3,625
Greater Valley Glen, Los Angeles, CA $1,875 $1,997 $2,845 $3,695
West Los Angeles, Los Angeles, CA $1,595 $2,400 $3,950 $3,790
Northridge, Los Angeles, CA $1,775 $2,000 $3,195 $3,948
South Robertson, Los Angeles, CA $1,900 $2,448 $3,895 $4,123
Wilshire-Montana, Santa Monica, CA $1,995 $3,085 $4,575 $4,175
Mid-City West, Los Angeles, CA $1,650 $2,973 $3,900 $4,498
Mid-City, Santa Monica, CA N/A $2,895 $4,295 $4,498
PICO, Los Angeles, CA $1,895 $2,198 $3,995 $4,561
Hollywood Hills West, Los Angeles, CA $1,700 $2,495 $3,695 $4,700
Tarzana, Los Angeles, CA $1,395 $1,898 $2,650 $4,875
Westwood, Los Angeles, CA $2,250 $3,600 $4,750 $5,095
Hollywood United, Los Angeles, CA $3,180 $2,400 $4,025 $5,500
Westside, Los Angeles, CA $2,248 $2,674 $5,095 $5,533
Encino, Los Angeles, CA $1,695 $2,090 $2,950 $5,825
Studio City, Los Angeles, CA $1,599 $2,925 $3,525 $7,997
Brentwood, Los Angeles, CA $2,175 $3,325 $5,023 $8,500
North of Montana, Santa Monica, CA $3,648 $4,200 $8,995 $9,250
Pacific Palisades, Los Angeles, CA $2,550 $3,521 $5,236 $14,500
Bel Air-Beverly Crest, Los Angeles, CA $1,900 $4,500 $7,000 $18,995

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 $4,200. That's roughly around $39 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 $4,900, Orange, CA is the most expensive county by Sherman Oaks, Los Angeles, CA.

Typically, rent for studios in Sherman Oaks, Los Angeles, CA is 14.21% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Sherman Oaks, Los Angeles, CA is 11.63% more affordable than other counties nearby. Finally, rent for two bedrooms in Sherman Oaks, Los Angeles, CA is on par with the other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Los Angeles, CA $1,748 $2,290 $3,200 $3,600
Ventura, CA $2,050 $2,400 $3,000 $4,200
Orange, CA $2,600 $2,650 $3,650 $4,900

Top Zipcodes Near Sherman Oaks

There are a total of 49 zipcodes in or near Sherman Oaks, Los Angeles, CA. The average rent for all of these zipcodes is $3,800. A total of 37 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 $2,100 per month. In comparison, the zipcode with the most expensive average rent of $23,500 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,710. 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 $2,213 per month. Or in other words, $43 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,208 per month. Which comes out to $37 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 $1,590 $2,150 $3,475 $4,195
91403, Los Angeles, CA $1,845 $2,098 $3,200 $6,000
91401, Los Angeles, CA $1,500 $1,900 $2,495 $3,495
91607, Los Angeles, CA $1,935 $2,213 $2,925 $4,080
91604, Los Angeles, CA $1,599 $2,950 $3,400 $8,250
91405, Los Angeles, CA $1,573 $1,899 $2,800 $3,195
90210, Los Angeles, CA $2,275 $4,650 $8,500 $23,500
91606, Los Angeles, CA $1,749 $1,800 $2,600 $3,000
91406, Los Angeles, CA $1,347 $1,923 $2,600 $2,895
91316, Los Angeles, CA $1,695 $2,248 $2,893 $4,000

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 $4,500. 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 $1,795 and an average price per square feet of $45.48. 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 $2,150 and an average price per square feet of $35.05. There are a total of 33 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 $3,200 and an average price per square feet of $32.97. There are a total of 71 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 -0.04%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.07%, three bedroom rental prices have changed by 0.24% 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 $3,600/month. You can search for these reasonably priced rental listings on RentHop.