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Apartments for Rent in Sherman Oaks, Los Angeles, CA - 59 Rentals available

Renters’ Guide to Sherman Oaks

Sherman Oaks is a suburb of Los Angeles in the San Fernando Valley region of California. The city sits in the center of the valley 10 miles northwest of downtown Hollywood, 13 miles north of Santa Monica, and a short 15 miles west of Los Angeles, giving residents easy access to Downtown LA and Hollywood. The city was founded in 1927, and its sprawling green spaces and charming little shops and restaurants lining the streets make for a peaceful retreat in the center of the San Fernando Valley.

The weather in Sherman Oaks is very pleasant for most of the year, as its dry-summer subtropical zone climate gives area residents dry, sunny summers and very mild winters with moderate rainfall.

Sherman Oaks, Los Angeles, CA Demographics

  • Total Population69,159
  • Female 34,024
    Male 35,135
  • Median Age37

Cost of Living in Sherman Oaks, CA

The city offers many different options for public transportation, including the Metro bus or rail system, allowing riders to get anywhere throughout LA’s vast transport network on a $1.75 one-way pass including Hollywood, Downtown LA, and many other popular areas of the metro.

For a night out to eat, two can expect to spend between $40 and $75, with the average meal for two at a mid-range restaurant costing about $65. The average cost for amenities like electricity, water, and heating in Sherman Oaks is typically around $130, slightly below the national average of $140.

Average Rent in Sherman Oaks, Los Angeles, CA

  • Sherman Oaks, Los Angeles, CA Average Rental Price, August 2017$1,810/mo
  • Studio$1,250
  • 1 Bedroom$1,652
  • 2 Bedrooms$2,197
  • Studio$1,523
  • 1 Bedroom$1,928
  • 2 Bedroom$2,556

Sherman Oaks, Los Angeles, CA Apartment Rent Ranges

  • $701-$1,0003%
  • $1,001-$1,50027%
  • $1,501-$2,00036%
  • > $2,00033%

Sherman Oaks, Los Angeles, CA Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
August 2017 $1,810 $1,250 $1,652 $2,197
Sept / 2016 $1,775 $1,236 $1,671 $2,180
May / 2016 $1,751 $1,178 $1,623 $2,098
Jan / 2016 $1,732 $1,115 $1,585 $2,126
Sept / 2015 $1,667 $1,210 $1,604 $2,060
May / 2015 $1,580 $1,126 $1,475 $1,905
Jan / 2015 $1,561 $1,078 $1,433 $1,867
Sept / 2014 $1,481 $1,065 $1,389 $1,794
May / 2014 $1,448 $1,124 $1,342 $1,743
Jan / 2014 $1,425 $1,046 $1,286 $1,701

Living in Sherman Oaks, CA

One of the biggest pros to living in Sherman Oaks is the wide variety of entertainment options available. Whether it’s for the food lover, craft beer connoisseur, or the shopaholics, Sherman Oaks has a little something for everyone, as the streets are lined with eclectic little shops, restaurants, and craft breweries.

Although it’s to be expected, one of the few cons to living in Sherman Oaks is the traffic, as Sherman Oaks and the surrounding areas can get pretty congested with their close proximity to Los Angeles. However, Sherman Oaks does offer a wide variety of public transport options, so many area residents opt to use public transport instead of navigating through traffic.

Things to Do in Sherman Oaks

There’s no shortage of fun things to do in Sherman Oaks, with tons of restaurants, gastropubs, shops, and more. For those looking for a night on the town some of the more popular spots include Oaks Tavern, a local favorite with pool tables and nightly karaoke. The Local Peasant and The Woodman are also popular nightlife spots, as both gastropubs offer vast selections of craft beer and delicious food.

To shop in Sherman Oaks, residents don’t need to look hard. The Sherman Oaks Galleria offers an abundance of high-end stores and top-notch restaurants and cafes. And a little history: if the Sherman Oaks Galleria sounds familiar, it should: it was actually the mall from the famous movie “Fast Times at Ridgemont High.” The Sherman Oaks Mall is also home to the ArcLight Movie Theater, which allows moviegoers to enjoy an open-air setting, perfect for a nice spring or fall afternoon.

For some fun in the sun, residents can head over to Sherman Oaks Park, which includes tennis courts, basketball courts, baseball diamonds, a full-sized football field, and even a public swimming pool. The park is a great place for those with kids, or for those looking for something to do without spending money in Sherman Oaks. The park hosts a Memorial Day Festival every year, a summer concert series, and lots of other fun, family-friendly events.

The city of Sherman Oaks also hosts the annual Sherman Oaks Street Fair every October, otherwise known as “the biggest event in the valley.” The fair sees over 100,000 visitors every year, along with 250+ vendors, and hosts tons of food trucks, concerts, and even a car show.

Sports fans also have plenty to do, as both the Chargers and the Rams of the National Football League play their games in Los Angeles. Also in Los Angeles are the Angels (MLB), the Kings (NHL), as well as the Clippers and the Lakers (NBA).

Employment and Economy

Sherman Oaks includes a wide range of different businesses in the tech, telecommunications, finance, and healthcare industries. Azubu—a large Esports streaming website—as well as Sherman Oaks Hospital, both headquartered in the city, and both Wells Fargo and AT&T have regional offices in Sherman Oaks.

The unemployment rate in Sherman Oaks is 5.35%—above the US average of 4.9% but well below the California state average of 6.3%.

Sherman Oaks, Los Angeles, CA Households

  • Total Number of Households30,071
  • Family 15,832
    Non-family 14,239
  • Children 7,250
    No Children 22,821
  • Average People Per Household2.23
  • Median Household Income$64,723
  • Median Housing Costs Per Month$1,550

Education in Sherman Oaks

Sherman Oaks residents are among the most educated in the county, as it has the highest percentage of residents over the age of 25 in the county with a four-year degree and with a master’s degree.

While a large percentage of the residents of Sherman Oaks do not have school-aged children, the area has several notable public and private schools, including Sherman Oaks Elementary School, Notre Dame High School, Village Glen School, and Ivy Bound Academy. There is also a local library in the area, called the Sherman Oaks Library, operated and run by the Los Angeles Public Library.

Sherman Oaks, Los Angeles, CA Education Statistics

  • No High School4%
  • Some High School18%
  • Some College22%
  • Associate Degree7%
  • Bachelor Degree33%
  • Graduate Degree17%

Tips for Renting in Sherman Oaks

Renters rights in Sherman Oaks fall under the jurisdiction of California state law, and are similar to most US tenant laws. California tenants do have the ability to make repairs themselves or pay to have them made if they affect tenantability, and that money may ultimately be deducted from rent costs. Owners also must give 30-days’ notice for a tenant to move out, or 60-days’ notice for tenants that have lived on the property for more than one year.

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