Sherman Oaks, San Fernando Valley, CA Rental Market Trends

What is the average rent in Sherman Oaks?

The average rent for an apartment in Sherman Oaks is $2,521. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Sherman Oaks, San Fernando Valley, CA

Last updated February 2025
Average Rent Average Apartment Size
$2,521 851 sq. ft.

What is the average apartment size in Sherman Oaks, San Fernando Valley, CA?

The average size for a Sherman Oaks, San Fernando Valley, CA apartment is 851 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Sherman Oaks, San Fernando Valley, CA apartment rent ranges

Sherman Oaks, San Fernando Valley, CA Occupied Housing Units

19,067 or 62% of the households in Sherman Oaks, San Fernando Valley, CA are renter-occupied while 11,726 or 38% are owner-occupied.

Sherman Oaks, San Fernando Valley, CA rent trends

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Average Rent in Los Angeles, CA By Neighborhood

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What are the most affordable neighborhoods in Los Angeles?

The most affordable neighborhoods in Los Angeles are Pico - Union, where the average rent goes for $1,582/month, Arlington Heights, where renters pay $1,616/mo on average, and El Sereno, where the average rent goes for $1,765/mo. If you’re looking for other great deals, check out the listings from Mission Hills ($1,845), Winnetka ($1,848), and Lake View Terrace ($1,853), where the asking prices are below the average Los Angeles rent of $2,733/mo.

What are the most expensive neighborhoods in Los Angeles?

The most expensive neighborhoods in Los Angeles are Playa Vista ($4,138), Downtown Santa Monica ($4,204) and Exposition Park ($4,451).

What are the most popular neighborhoods in Los Angeles?

The most popular neighborhood in Los Angeles is Hollywood, where there are 157 listings with an average rent of $2,666. Next up is Koreatown, where apartments go for $2,231/month, followed by Palms with $2,743 If you’re looking to rent in Los Angeles’s most popular neighborhoods, make sure to also check out Westlake, where renters pay $2,195 on average, and Downtown Los Angeles, where the average monthly rent is $2,888.

Los Angeles | Rent Comparison by Neighborhood

City
vs.

Rent in Sherman Oaks is 56% higher than in Arlington Heights

$2,521

Sherman Oaks rent is the same as Los Angeles average

Average Rent $2,521
$1,616

Arlington Heights rent is 36% lower than Los Angeles average

Average Rent $1,616

How Los Angeles Compares to Other Cities

State Average Rent
Los Angeles $2,733
San Francisco $3,397
East Bay $2,629
San Diego $2,967
Sacramento $1,895
Long Beach $2,628
San Jose $3,041
Oakland $2,581
Tulare $1,681
Vallejo $2,102
Fresno $1,591
Santa Monica $3,893
West Hollywood $3,140
Inglewood $2,435
Hawthorne $1,967
Pasadena $3,150
Torrance $2,487
Glendale $2,979
Burbank $2,795
Downey $2,252
Santa Clarita $2,572

Most Popular Apartments in Los Angeles

8665 Burton Way, Los Angeles, CA 90048
9 Units available
STUDIO $2,681+
1 BED $3,087+
2 BEDS $4,062+

21601 Erwin Street, Woodland Hills, CA 91367
Available
STUDIO $2,175
1 BED $2,295+
2+ BEDS $2,650

5700 W. 6Th St., Los Angeles, CA 90036
5 Units available
1 BED N/A
2 BEDS $3,053+

22100 Erwin Street, Woodland Hills, CA 91367
9 Units available
STUDIO $2,055+
1 BED $2,474+
2+ BEDS $2,523+

10965 Strathmore Dr, Los Angeles, CA 90024
17 Units available
1 BED $3,550+
2 BEDS $3,900

6060 Buckingham Parkway, Culver City, CA 90230
7 Units available
STUDIO N/A
1 BED $2,645
2+ BEDS $3,595

10407 Magnolia Blvd, North Hollywood, CA 91601
5 Units available
2 BEDS $2,949+
3 BEDS $3,591+

333 Andover Dr, Burbank, CA 91504
6 Units available
1 BED $2,542+
2 BEDS $3,029+

523 Westmoreland, Los Angeles, CA 90020
12 Units available
STUDIO $1,500+
1 BED $2,000+

11950 And 12000 Idaho Ave, Los Angeles, CA 90025
3 Units available
1 BED $3,129+
2 BEDS $4,522+
3 BEDS N/A

233 S Barrington Ave, Los Angeles, CA 90049
6 Units available
STUDIO $2,555+
1 BED $3,278+
2+ BEDS $3,786+

3324 Castle Heights Ave., Los Angeles, CA 90034
7 Units available
STUDIO $2,363+
1 BED $2,579+
2 BEDS $3,232+

1030 Tiverton Avenue, Los Angeles, CA 90024
3 Units available
STUDIO $2,551+

521 E Palm Ave, Burbank, CA 91501
3 Units available
1 BED $2,495+
2 BEDS N/A

3016 Waverly Drive, Los Angeles, CA 90039
2 Units available
STUDIO N/A
1 BED $3,025+
2 BEDS N/A

15736 Vanowen St, Van Nuys, CA 91406
2 Units available
2 BEDS $2,354+

4500 Via Marina, Marina Del Rey, CA 90292
13 Units available
STUDIO N/A
1 BED $3,415+
2 BEDS N/A

4045 Vineland Ave, Studio City, CA 91604
4 Units available
1 BED $2,890+
2 BEDS $4,239+

10853 Rose Avenue, Los Angeles, CA 90034
Available
1 BED N/A
2 BEDS $2,925+

1200 S Grand Ave, Los Angeles, CA 90015
Available
STUDIO $1,955+
1 BED $2,495+
2 BEDS $2,672
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