Sherman Oaks / Studio City, CA
April 2026
91403,91423,91604
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,072 – $2,290 | -1.48% | -1.04% |
| 2-Bedroom | $2,700 – $3,014 | 1.67% | 0.50% |
| 3-Bedroom | $3,563 – $3,938 | 4.21% | 1.61% |
| 4-Bedroom | $4,168 – $4,471 | 0.14% | 2.10% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,302 – $2,420 | -1.02% | 0.31% |
| 2-Bedroom | $3,071 – $3,408 | 2.03% | 3.05% |
| 3-Bedroom | $4,132 – $4,495 | 2.89% | 4.73% |
| 4-Bedroom | $4,400 – $4,719 | 0.31% | 1.73% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,321 – $2,440 | -3.96% | 0.79% |
| 2-Bedroom | $3,272 – $3,580 | -3.97% | -0.20% |
| 3-Bedroom | $5,127 – $5,666 | -3.77% | -1.13% |
| 4-Bedroom | $5,662 – $6,346 | -1.45% | 3.51% |
In the Sherman Oaks / Studio City (91403, 91423, 91604) rental market, 3-bedroom condos reached a median rent of $4,313, registering a 4.73% year-over-year gain. This growth significantly exceeds that of 3-bedroom apartments, which were up 1.61% to $3,750, highlighting stronger appreciation in the condo/townhome segment within Sherman Oaks / Studio City (91403, 91423, 91604).
Rents for 2-bedroom apartments in Sherman Oaks / Studio City (91403, 91423, 91604) posted a 1.67% month-over-month increase, bringing the median to $2,857. In contrast, single-family 2-bedroom homes registered a 3.97% decline MoM, underlining divergent short-term pricing trends between these property types.
Looking at larger homes, Sherman Oaks / Studio City (91403, 91423, 91604) rental trends point to a 3.51% year-over-year rise for 4-bedroom single-family residences, which reached $6,004. This increase surpasses the 1.73% annual appreciation of 4-bedroom condos, which stood at $4,559 in the latest data.