4432 Coldwater Canyon
4432 Coldwater Canyon,
Studio City, CA 91604
2 Beds | $2,498 - 2,598
Rental Market Trends in Sherman Oaks, CA
What is the average rent in Sherman Oaks, CA?
$2,045/month
Average Rent
660 Sq Ft
Average Apartment Size
-0.1%
Decrease in the Last Year
As of November 2024, the average rent in Sherman Oaks, CA is $2,045 per month. This is 31% higher than the national average rent price of $1,559/month, making Sherman Oaks one of the most expensive cities in the US. When you rent an apartment in Sherman Oaks, you can expect to pay about $1,716 per month for a studio, $2,045 for a one-bedroom apartment, and around $2,670 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,168 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Sherman Oaks, CA?
In the past year, rent has decreased by 0.1%, which averages out to $2 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Sherman Oaks, CA
Last Updated November 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
1%
$700 - $1,000/month
9%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
67%
Above $2,000/month
What salary do I need to live comfortably in Sherman Oaks, CA?
Because the average rent in Sherman Oaks is $2,045, you’ll want to make about $6,816 per month or $81,792 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Sherman Oaks, CA compare to other nearby cities and neighborhoods?
Use the tool below to compare Sherman Oaks, CA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Sherman Oaks we think you'll love
Property Management Companies in Sherman Oaks, CA
Moss & Company
-
121
Communities
-
8,416
Units
-
33
Cities
14 Communities in Sherman Oaks
Berglas & Garfield
-
26
Communities
-
1,175
Units
-
9
Cities
7 Communities in Sherman Oaks
Xenon Investment Corporation
-
24
Communities
-
1,207
Units
-
10
Cities
5 Communities in Sherman Oaks
North Oak Real Estate Investments Inc.
-
59
Communities
-
1,340
Units
-
16
Cities
4 Communities in Sherman Oaks
Jones & Jones Communities
-
23
Communities
-
2,649
Units
-
14
Cities
4 Communities in Sherman Oaks
The Beaumont Co.
-
23
Communities
-
953
Units
-
11
Cities
4 Communities in Sherman Oaks
Carlo, Inc.
-
12
Communities
-
704
Units
-
8
Cities
4 Communities in Sherman Oaks
CONAM Management Corporation
-
140
Communities
-
27,209
Units
-
75
Cities
3 Communities in Sherman Oaks
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Methodology
† 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.
* Percentages may not total 100 due to rounding.