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Rentals in Sherman Oaks, North Hollywood

Sherman Oaks Rental Market

$6,500

Median Rent

122

Available

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About Renting in Sherman Oaks

Sherman Oaks is a popular neighborhood in North Hollywood, OH for renters. Currently, there are 122 rental properties available with a median rent of $6,500/month.

Sherman Oaks Rental Pulse

Median Rent

$6,500/mo

Census estimate for Sherman Oaks

Rental Velocity

How fast rentals are leasing

Slower Pace

Rentals are taking longer to lease—renters have more time to compare options and negotiate.

● <30d: Landlords● 30–45d: Balanced● 45d+: Renters

Rental Inventory Distribution

High Turnover

Rentals are being leased quickly—most listings move within 30 days, signaling strong renter demand.

New

Active

Aging

Stale

Under 30 days → competitive—act quicklyOver 60 days → potential negotiation opportunities

Median Rent by Bedroom

Rent increases significantly with bedroom count—larger units command premium prices.

1 Bed

$2,180

2 Bed

$3,536

3 Bed

$7,009

4 Bed

$11.8K

5 Bed

$14.0K

Each additional bedroom adds about $2,947.5/mo to rent on average, with larger units commanding higher premiums.

Largest increase: 3 → 4 bedrooms (+$4,742/mo)

Rent Reductions

High Activity

42 listings have reduced their rent

34% of active listings

Average reduction: 9.2% (~$598/mo)

A significant share of landlords are reducing rents—this suggests a softening rental market where renters have strong negotiating leverage.

Nearby Neighborhoods

Valley Village Studio City Toluca Lake Universal City

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All North Hollywood Rentals Homes for Sale in Sherman Oaks

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