Sherman Oaks / Studio City, CA
August 2026
91403,91423,91604
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,154 – $2,381 | 3.94% | 0.39% |
| 2-Bedroom | $2,744 – $3,063 | 6.03% | 0.57% |
| 3-Bedroom | $3,627 – $4,008 | 1.79% | 0.17% |
| 4-Bedroom | $4,357 – $4,673 | 0.84% | 1.55% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,314 – $2,433 | 0.09% | -2.09% |
| 2-Bedroom | $2,980 – $3,261 | -0.30% | -0.41% |
| 3-Bedroom | $4,221 – $4,665 | -0.40% | 1.90% |
| 4-Bedroom | $4,596 – $4,929 | 0.71% | 1.95% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,371 – $2,493 | -0.23% | -1.73% |
| 2-Bedroom | $3,522 – $3,948 | 7.21% | 4.53% |
| 3-Bedroom | $5,501 – $6,080 | 5.37% | 1.59% |
| 4-Bedroom | $5,773 – $6,471 | 3.18% | 3.07% |
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.