Sherman Oaks, CA
August 2026
91403,91423
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,135 – $2,359 | 5.64% | 1.73% |
| 2-Bedroom | $2,729 – $3,047 | 7.80% | 1.60% |
| 3-Bedroom | $3,566 – $3,941 | 3.33% | 0.08% |
| 4-Bedroom | $4,356 – $4,673 | 0.82% | 1.26% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,246 – $2,361 | -0.09% | -1.78% |
| 2-Bedroom | $2,918 – $3,193 | -0.27% | -0.78% |
| 3-Bedroom | $3,916 – $4,200 | -3.41% | -1.67% |
| 4-Bedroom | $4,600 – $4,934 | 0.73% | 1.59% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,386 – $2,509 | 3.08% | -0.38% |
| 2-Bedroom | $3,432 – $3,870 | 5.83% | 7.79% |
| 3-Bedroom | $5,006 – $5,533 | 1.14% | -2.48% |
| 4-Bedroom | $5,711 – $6,312 | 4.98% | 2.17% |
In the Sherman Oaks (91403, 91423) rental market, 4-bedroom condo/townhome units posted a significant monthly gain, reaching $4,740 after a 3.93% increase compared to the prior month. This makes this segment the strongest month-over-month performer among all property types and bedroom counts in the current data.
While 2-bedroom apartments in Sherman Oaks (91403, 91423) recorded a median rent of $2,752, the same segment in the condo/townhome category outpaced them at $3,062—a notable $310 premium. Both segments, however, saw year-over-year declines, with apartments down 3.17% and condos/townhomes down 1.50%.
The Sherman Oaks (91403, 91423) rental trends indicate that 3-bedroom single-family homes experienced a pronounced decrease, falling 5.52% year-over-year to $5,224—a sharper annual decline than the corresponding apartment or condo/townhome segments.