As of April 2026, rental prices in Sherman Oaks, CA range from $2,137 to $5,953 per month depending on property type and bedroom count.

The largest year-over-year increase was for 3-bedroom condo/townhomes in Sherman Oaks, CA, which rose 5.91%.

For 2-bedroom units, condo/townhomes command a higher median rent at $3,171 compared to apartments at $2,797.

What is the current range of rental prices in Sherman Oaks, CA?

As of April 2026, rents in Sherman Oaks, CA span from $2,137 for a 1-bedroom apartment up to $5,953 for a 4-bedroom single-family home.

Which rental segment in Sherman Oaks, CA stands out for having an unusually high value?

The 4-bedroom single-family homes in Sherman Oaks, CA have an unusually high median rent of $5,953 as of April 2026, which is much higher than other property types and bedroom counts.

Are rents generally rising or falling across different property types in Sherman Oaks, CA?

The rental market in Sherman Oaks, CA shows a mixed trend as of April 2026, with some segments like 3-bedroom condo/townhomes rising 5.91% year-over-year and others like 1-bedroom apartments declining by 2.28%.

What is the premium cost difference between apartment and condo rentals for the same bedroom count in Sherman Oaks, CA?

In Sherman Oaks, CA as of April 2026, a 2-bedroom condo/townhome rents for $3,171 while a 2-bedroom apartment rents for $2,797, indicating a premium of $374 per month for the condo/townhome.

Sherman Oaks, CA

April 2026

91403,91423

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,030 – $2,243 -2.34% -2.28%
2-Bedroom $2,643 – $2,951 1.99% -0.52%
3-Bedroom $3,431 – $3,792 2.49% -0.49%
4-Bedroom $4,167 – $4,469 0.04% 1.83%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,195 – $2,307 -1.26% -2.05%
2-Bedroom $3,076 – $3,266 3.61% 1.98%
3-Bedroom $4,021 – $4,374 4.66% 5.91%
4-Bedroom $4,403 – $4,723 0.26% 1.49%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $2,326 – $2,445 -2.52% 1.76%
2-Bedroom $3,079 – $3,370 -3.53% -1.17%
3-Bedroom $4,995 – $5,521 -1.22% -0.32%
4-Bedroom $5,614 – $6,293 0.23% 4.98%
Data updated: June 2, 2026

In the Sherman Oaks (91403, 91423) rental market, 2-bedroom condo/townhome units reached a median rent of $3,171, rising 3.61% month-over-month and 1.98% year-over-year. This segment led 2-bedroom apartments, which posted $2,797 with a smaller monthly gain of 1.99% in April.

Although 3-bedroom single-family homes in Sherman Oaks (91403, 91423) recorded a higher rent at $5,258 compared to $4,197 for 3-bedroom condos, single-family units declined 1.22% month-over-month and 0.32% year-over-year, while condos grew 4.66% MoM and 5.91% YoY.

Looking at segment-level pricing, Sherman Oaks (91403, 91423) rental trends show that 1-bedroom apartments dropped to $2,137, with decreases of 2.34% month-over-month and 2.28% year-over-year. Meanwhile, 1BR condos posted a smaller monthly decline of 1.26% and registered a higher median at $2,251.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $2,137 $2,797 $3,611 $4,318
March 2026 $2,199 $2,742 $3,529 $4,315
February 2026 $2,146 $2,809 $3,790 $4,343
January 2026 $2,189 $2,827 $3,723 $4,403
December 2025 $2,167 $2,803 $3,682 $4,454
November 2025 $2,182 $2,792 $3,660 $4,477
October 2025 $2,121 $2,809 $3,724 $4,501
September 2025 $2,151 $2,814 $3,734 $4,486
August 2025 $2,202 $2,847 $3,737 $4,462
July 2025 $2,251 $2,860 $3,758 $4,387
June 2025 $2,232 $2,831 $3,710 $4,349
May 2025 $2,195 $2,848 $3,661 $4,290

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $2,251 $3,171 $4,197 $4,563
March 2026 $2,276 $3,080 $4,044 $4,551
February 2026 $2,272 $3,159 $4,032 $4,585
January 2026 $2,286 $3,185 $3,965 $4,636
December 2025 $2,290 $3,132 $3,993 $4,689
November 2025 $2,306 $3,118 $4,050 $4,722
October 2025 $2,314 $3,059 $4,085 $4,730
September 2025 $2,318 $3,075 $4,093 $4,718
August 2025 $2,345 $3,083 $4,118 $4,693
July 2025 $2,351 $3,121 $4,114 $4,653
June 2025 $2,351 $3,116 $4,071 $4,600
May 2025 $2,321 $3,108 $4,019 $4,534

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $2,385 $3,224 $5,258 $5,953
March 2026 $2,456 $3,310 $5,301 $6,025
February 2026 $2,457 $3,394 $5,251 $5,773
January 2026 $2,463 $3,462 $5,335 $6,001
December 2025 $2,479 $3,460 $5,312 $6,188
November 2025 $2,489 $3,465 $5,320 $6,065
October 2025 $2,487 $3,483 $5,423 $6,010
September 2025 $2,477 $3,424 $5,298 $5,841
August 2025 $2,458 $3,383 $5,397 $5,885
July 2025 $2,433 $3,363 $5,512 $5,959
June 2025 $2,403 $3,349 $5,555 $5,965
May 2025 $2,371 $3,303 $5,519 $5,813

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