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 $1,850 for a studio rental to $13,000 for a 4-bedroom rental. The median price of all currently available listings is $4,500, or roughly $39 per square feet.

For the apartment units and housing in July 2026, median rents have risen over the last year. Studio rentals prices have increased by $251 (15.20%) year-over-year from $1,649 to $1,900. 1-bedroom rentals prices have increased by $172 (8.32%) year-over-year from $2,064 to $2,236. 2-bedroom rentals prices have increased by $27 (0.93%) year-over-year from $2,873 to $2,900. 3-bedroom rentals prices have increased by $546 (10.02%) year-over-year from $5,449 to $5,995. 4-bedroom rentals prices have decreased by $1,235 (-8.38%) year-over-year from $14,735 to $13,500. 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 6.68% this month. 1-bedroom rents have gone up by 7.69% this month. 2-bedroom rents have gone down by 2.17% this month. 3-bedroom rents have gone up by 9.87% this month. 4-bedroom rents have gone up by 10.35% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$46.52	$1,900	$1,649 (15.20%)	$1,739 (9.25%)
1 BR	$37.90	$2,236	$2,064 (8.32%)	$2,114 (5.75%)
2 BR	$33.13	$2,900	$2,873 (0.93%)	$2,855 (1.59%)
3 BR	$40.62	$5,995	$5,449 (10.02%)	$5,133 (16.80%)
4+ BR	$44.82	$13,500	$14,735 (-8.38%)	$9,558 (41.25%)

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 38 cities nearby Sherman Oaks. The average rent in Sherman Oaks is currently $3,994 per month. A total of 24 cities nearby have an average rent lower than that. Our records show that Hawthorne, CA, with an average rent of $2,375, 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 $24,950 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 7.31% more expensive than other cities nearby. One bedrooms are about 16.35% more affordable. Two bedrooms in Sherman Oaks, Los Angeles, CA are about 13.75% more affordable. Finally, rent for three bedrooms are about 16.30% more expensive. Want more information? Check out the top 10 cities out of 38 total cities near Sherman Oaks, Los Angeles, CA in the following table.

City	Studio	1 Bed	2 Bed	All
Hawthorne, CA	$1,500	$1,775	$2,625	$2,375
Inglewood, CA	$1,700	$1,950	$2,673	$2,500
Glendale, CA	$1,645	$2,150	$3,000	$2,800
Burbank, CA	$1,900	$2,400	$3,250	$3,600
Los Angeles, CA	$1,722	$2,295	$3,399	$3,650
Culver City, CA	$2,295	$2,423	$3,995	$4,348
West Hollywood, CA	$2,100	$3,295	$5,995	$4,472
Santa Monica, CA	$2,200	$2,985	$5,000	$4,500
Calabasas, CA	N/A	$3,675	$3,895	$7,973
Beverly Hills, CA	$1,975	$3,500	$5,248	$9,250

Top Neighborhoods Near Sherman Oaks

There are a total of 70 neighborhoods in or near Sherman Oaks. Some of these neighborhoods include Van Nuys, Hollywood Studio District, and Reseda. We've included the top 30 neighborhoods out of 70 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 $3,698 per month. A total of 51 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, Westlake has the most affordable average rent at $1,350 per month. Whereas, at $19,750 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
Van Nuys, Los Angeles, CA	$1,645	$1,995	$2,495	$2,800
Hollywood Studio District, Los Angeles, CA	$1,645	$2,040	$3,198	$2,850
Reseda, Los Angeles, CA	$1,700	$1,898	$2,950	$2,950
Central Hollywood, Los Angeles, CA	$1,595	$2,200	$3,195	$3,098
Mid-Town North Hollywood, Los Angeles, CA	$1,645	$2,100	$2,895	$3,199
Greater Wilshire, Los Angeles, CA	$2,048	$2,185	$3,175	$3,300
Palms, Los Angeles, CA	$2,695	$3,395	$3,625	$3,437
Lake Balboa, Los Angeles, CA	$1,700	$1,950	$2,938	$3,461
Valley Village, Los Angeles, CA	$1,590	$2,095	$2,900	$3,495
Winnetka, Los Angeles, CA	$1,950	$1,973	$2,948	$3,500
Northridge, Los Angeles, CA	$1,850	$1,995	$2,895	$3,500
Sun Valley, Los Angeles, CA	$1,650	$1,895	$2,950	$3,525
Greater Valley Glen, Los Angeles, CA	$1,545	$1,995	$2,700	$3,700
West Los Angeles, Los Angeles, CA	$1,945	$2,500	$3,595	$3,795
South Robertson, Los Angeles, CA	$1,898	$2,293	$3,523	$4,000
Wilshire-Montana, Santa Monica, CA	$2,049	$3,198	$4,795	$4,380
Hollywood United, Los Angeles, CA	$1,745	$2,725	$3,950	$4,500
Tarzana, Los Angeles, CA	$1,900	$1,898	$2,700	$4,500
Mid-City, Santa Monica, CA	$1,795	$2,795	$4,500	$4,548
Mid-City West, Los Angeles, CA	$1,798	$2,900	$4,495	$4,595
PICO, Los Angeles, CA	$1,985	$2,195	$4,000	$4,650
Hollywood Hills West, Los Angeles, CA	$1,705	$2,295	$3,995	$4,650
Westwood, Los Angeles, CA	$2,400	$2,995	$4,875	$5,100
Westside, Los Angeles, CA	$1,923	$2,800	$4,198	$5,225
Encino, Los Angeles, CA	$2,000	$2,498	$2,957	$5,500
Brentwood, Los Angeles, CA	$2,745	$2,995	$4,925	$6,000
Studio City, Los Angeles, CA	$1,549	$2,995	$4,000	$6,600
North of Montana, Santa Monica, CA	$3,448	$3,750	$8,395	$9,448
Pacific Palisades, Los Angeles, CA	$1,800	$3,166	$7,249	$18,500
Bel Air-Beverly Crest, Los Angeles, CA	$2,500	$2,750	$10,150	$19,750

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 $4,150. 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 $3,595. Vice versa, with an average rent of $4,950, Orange, CA is the most expensive county by Sherman Oaks, Los Angeles, CA.

Typically, rent for studios in Sherman Oaks, Los Angeles, CA is 1.49% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Sherman Oaks, Los Angeles, CA is 14.56% more affordable than other counties nearby. Finally, rent for two bedrooms in Sherman Oaks, Los Angeles, CA is 10.14% 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	$1,700	$2,250	$3,249	$3,595
Ventura, CA	$1,823	$2,400	$3,000	$4,150
Orange, CA	$2,475	$2,565	$3,595	$4,950

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 $3,721. 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 $2,126 per month. In comparison, the zipcode with the most expensive average rent of $23,950 per month is 90210, Los Angeles, CA.

Studios in these zipcodes have an average rent of $1,785. That's at least $49 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 $2,284 per month. Or in other words, $40 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,207 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	$1,925	$2,098	$2,998	$5,373
91403, Los Angeles, CA	$1,823	$2,048	$2,950	$4,000
91411, Los Angeles, CA	$1,550	$1,801	$2,750	$2,800
91401, Los Angeles, CA	$1,795	$2,000	$2,495	$3,748
91607, Los Angeles, CA	$1,695	$2,085	$2,938	$3,495
91604, Los Angeles, CA	$1,549	$3,295	$4,175	$6,950
91405, Los Angeles, CA	$2,053	$2,000	$2,750	$2,850
90210, Los Angeles, CA	N/A	$4,800	$6,850	$23,950
91606, Los Angeles, CA	$1,500	$2,095	$2,395	$2,600
91406, Los Angeles, CA	$1,650	$1,795	$2,900	$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 $4,500. 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 $1,850 and an average price per square feet of $46.52. There are a total of 9 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 $37.90. 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 $2,950 and an average price per square feet of $33.13. There are a total of 62 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 0.15%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.01%, three bedroom rental prices have changed by 0.10% 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.