4950 Coldwater Canyon
4950 Coldwater Canyon,
Sherman Oaks, CA 91423
$2,798 - $3,498 | 3 Beds
A thriving neighborhood in the San Fernando Valley region of Los Angeles, Sherman Oaks is located 16 miles northwest of downtown Los Angeles and just 12 miles northeast of Santa Monica, housing the famous Santa Monica Pier. With other popular cities like Beverly Hills and Hollywood nearby, residents have convenient access to everything wonderful and exciting about living in Los Angeles, California.
With a portion of the Santa Monica Mountains within its boundaries, Sherman Oaks offers beautiful natural landscapes paired with modern amenities and a lively community. Sherman Oaks provides an incredible selection of restaurants, shopping, entertainment, community parks, and more.
With access to LAX, the Los Angeles International Airport, and several interstate highways, residents have convenient and easy travel options. Sherman Oaks is within a short drive of the Los Angeles Zoo, Universal Studios Hollywood, and the famous Hollywood sign. Apartments are abundant and upscale with fabulous amenities. Prospective renters should know that renting an apartment in Sherman Oaks comes with a price tag. Most locals pay over $2,300 for an apartment, and home buyers should expect to see houses selling for around $1.4 million.
Beautiful view of the San Fernando Valley
Speeding traffic on US Route 101
Houses nestled into the hills of Southern California
As of March 2025, the average apartment rent in Sherman Oaks, CA is $1,715 for a studio, $2,066 for one bedroom, $2,682 for two bedrooms, and $3,253 for three bedrooms. Apartment rent in Sherman Oaks has increased by 0.7% in the past year.
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.