Sherman Oaks / Studio City, CA
June 2026
91403,91423,91604
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,089 – $2,309 | 3.25% | -3.55% |
| 2-Bedroom | $2,672 – $2,983 | 0.03% | -2.16% |
| 3-Bedroom | $3,387 – $3,797 | 1.52% | -3.75% |
| 4-Bedroom | $4,260 – $4,569 | 1.32% | 1.72% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,317 – $2,436 | -0.89% | -1.93% |
| 2-Bedroom | $2,987 – $3,269 | -2.55% | -2.60% |
| 3-Bedroom | $3,866 – $4,333 | -5.78% | -4.10% |
| 4-Bedroom | $4,591 – $4,839 | -0.33% | 2.13% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,203 – $2,349 | -3.03% | -5.84% |
| 2-Bedroom | $3,669 – $4,015 | 7.38% | 7.28% |
| 3-Bedroom | $5,318 – $5,877 | 3.41% | -1.06% |
| 4-Bedroom | $5,872 – $6,491 | 3.48% | 1.09% |
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.