Citrus Commons
14150 Riverside Dr,
Sherman Oaks, CA 91423
$2,795 - $6,080
Studio - 2 Beds
Rental Market Trends in Sherman Oaks, CA
What is the average rent in Sherman Oaks, CA?
$2,099/month
Average Rent
664 Sq Ft
Average Apartment Size
-1.8%
Decrease in the Last Year
As of April 2026, the average rent in Sherman Oaks, CA is $2,099 per month. This is 28% higher than the national average rent price of $1,640/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 $1,820 per month for a studio, $2,099 for a one-bedroom apartment, and around $2,769 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,277 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 1.8%, which averages out to $38 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 April 2026
Legend
2025
2026
Rent Ranges in Sherman Oaks, CA
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
6%
$1,001 - $1,500/month
22%
$1,501 - $2,000/month
71%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Sherman Oaks?
Based on current rent prices, Dickens Terrace South is the most affordable neighborhood in Sherman Oaks.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Sherman Oaks?
Based on current rent prices, Dickens Terrace South is the most expensive neighborhood in Sherman Oaks.
Neighborhood
Average Rent
Average Sq Ft
Which Sherman Oaks neighborhoods have the most rentals available?
The neighborhood in Sherman Oaks with the most apartments available is Dickens Terrace South .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Sherman Oaks, CA?
Because the average rent in Sherman Oaks is $2,099, you’ll want to make about $6,996 per month or $83,952 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.
Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
Apartment communities in Sherman Oaks we think you'll love
Property Management Companies in Sherman Oaks, CA
Moss & Company
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139
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9,707
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37
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Kls Financial
-
19
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822
Units
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10
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Landmark Realty & Property Management LLC
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19
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691
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8
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LBPM
-
35
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1,290
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10
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8 Communities in Sherman Oaks
Berglas & Garfield
-
26
Communities
-
1,181
Units
-
9
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8 Communities in Sherman Oaks
Property Management Associates
-
67
Communities
-
3,322
Units
-
25
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7 Communities in Sherman Oaks
The Beaumont Co.
-
25
Communities
-
864
Units
-
11
Cities
7 Communities in Sherman Oaks
Carlo, Inc.
-
15
Communities
-
777
Units
-
8
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7 Communities in Sherman Oaks
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Methodology
† 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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.