Apartments in 91423

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13131 Moorpark St Sherman Oaks, CA
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How much does it cost to rent an apartment in 91423?

91423 apartments
Bed Type Average Rent Range
Studio $1,950 $1,650 - $2,150
1BR $2,250 $2,000 - $2,590
2BR $2,700 $2,220 - $3,510
3BR $3,500 $2,900 - $4,600
4+BR $3,650 $3,650 - $8,750
Find an Apartment in 91423
Looking for apartments for rent in the 91423 zip code? Rentable has a range of options for you to choose from. Currently, there are 140 available units in Sherman Oaks, CA. The average rent in 91423 is $2,420.

If you're looking for a specific floor plan type, the minimum rent for that type is $1,650. Whether you're searching for a studio, one-bedroom, or multi-bedroom apartment, there is something to suit your needs.

Sherman Oaks, CA offers a great location with convenient access to many nearby points of interest and community amenities. Enjoy the Southern California lifestyle with easy access to parks, shopping centers, and entertainment options. Take advantage of the vibrant neighborhood and make your next home in 91423.

If you're ready to find your next rental in Sherman Oaks, don't hesitate to explore Rentable's apartments near 91423. With a variety of options and price ranges, you're sure to find the perfect place to call home.

Sherman Oaks:
February Rent Report

Welcome to the February 2026 Sherman Oaks Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 key findings and figures for the Sherman Oaks rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Sherman Oaks and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Sherman Oaks average rent prices in the chart below.

Monthly Rent Report

$2,800
$2,100
$1,400
$700
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Sherman Oaks Rent Prices Decrease From January to February

Sherman Oaks rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Sherman Oaks one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Sherman Oaks experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Sherman Oaks two-bedroom apartments currently stands at $.

February Prices: Sherman Oaks vs. Surrounding Areas

Rent Prices in Sherman Oaks and Surrounding Areas

Rent prices have decreased in Sherman Oaks over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Sherman Oaks suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Sherman Oaks suburbs

  • Rents did not decrease in any of the Sherman Oaks suburbs.

February 2026 Pricing Trends: Sherman Oaks vs. National Comparisons

Sherman Oaks Rent Prices More Affordable Than Major Cities

Rent growth in Sherman Oaks over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Sherman Oaks average rent prices appear to be relatively affordable for local residents.

The price for a Sherman Oaks one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Sherman Oaks and surrounding area rent prices, take a look at the complete data set below.

Data set for Sherman Oaks and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.