Located right on the LA river, Sherman Oaks is an urban business hub of Los Angeles. Residents love to spend time at the Sherman Oaks Galleria — a super cool mall that offers a movie theater and a spa, among other things. It’s also a great neighborhood for wannabe paparazzi — lots of stars live here.
Welcome to Sherman Oaks, a deceptively quiet suburban city with the backdrop of picturesque hills and the Santa Monica Mountains. The neighborhood combines all the perks of a lively city with the slow mellow allure of the suburb – that’s why you’ll see young professionals, retired middle class representetives, and a lot of kids of all ages. Sherman Oaks, Los Angeles is not your immediate love; it grows into you with its careful cozy charm. Take a stroll around the city – see if you can spot local landmarks, La Reina Theatre, Sherman Oaks Gallery, and Loft Ensemble. By the way, there’s some trivia for you. A whole specter of superstars of your childhood were born or still reside in Sherman Oaks: Rachel from Friends, Olsen twins, Charlie Sheen, James Dean, and a newer addition of Demi Lovato (yeah, it’s her fault that song from Frozen is still stuck in your head).
The area attracts all sorts of demographics to Sherman Oaks, California. Public schools, proximity of amenities, and overall safety make the city very homey and family-friendly. Lots of millennials with good education and decent jobs breathe the young vibe into the neighborhood. The suburban atmosphere of quaint calm streets with soft rustle of palm leaves above your head draws more mature population. Majority of the population is white, but there’s also a big Hispanic community, as well as not so big Asian and African American ones.
You think Sherman Oaks is slow and lazy? Think again, ‘cause it has a couple of aces up its sleeve. Visit Ventura Boulevard to find a bunch of exclusive boutiques and trendy cafés. Take your family for a picnic to the Van Nuys Sherman Oaks Park or for a game of miniature golf in the Sherman Oaks Castle Park. There’s also Sherman Oaks Gallery, an easy attraction for cinema geeks – year 1983, young Nicolas Cage, and the unforgettable flic Valley Girl, your little guilty pleasure. Don’t tell us you didn’t enjoy it!
A number of local bus routes circle around Sherman Oaks, Los Angeles. There are also a dozen buses that go between the LA neighborhoods regularly. Ventura Freeway spreads along the Los Angeles River, and San Diego Freeway runs along the western border of Sherman Oaks. If you travel a lot, consider northeastern corner of the neighborhood: a rather short drive through the North Hollywood will take you to the Bob Hope Airport. As for the rest, use your feet, the best way to get to know the city.
|Rent Price||Aug||vs Last Month|
|1 bed apartments||$1,491||-4.9%|
|2 bed apartments||$2,733||+6.4%|
|3 bed apartments||$4,981||-9%|
|4+ bed apartments||$10,364||-2.5%|
Over the Aug 2020, the average rent for an apartment in/near Sherman Oaks, Los Angeles, CA decreased by 10.2% to $3,517.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 4.9% to $1,491. Pricing for 2-bed apartment also increased by 6.4% and a place of this size will now cost you $2,733. 3-bed apartment rent pricing starts at $4,981, it decreased by 9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 2.5% and made it down to $10,364.
|Rent Type Price||Aug||vs Last Month|
The median rent for an apartment in Sherman Oaks, Los Angeles, CA decreased by 0.8% to $4,583. Statistics show that house rent price increased by 16.4% this month making it up to $7,241. Condos faced an upward trend these days. The median rent for a condo decreased by 2.6%, it’s now available for $2,336. The median rent for a loft did not face significant changes this time, it now still goes for $7,000. An average room will now go for $1,087, the median rent price for a room increased by 7.1%. The median rent for a townhouse increased by 4.6%, you’ll have to spend around $3,775 to get one.
The apartments for rent in Sherman Oaks are somewhat lost on the background of the other wealthy neighborhoods of Los Angeles County. But don’t rush to conclusions; first, consider real estate prices and the cost of living – quite a deal for living this close to Hollywood and Beverly Hills. Choose the pet-friendly apartments for rent near Ventura and Van Nuys Boulevards if you like spontaneous shopping sprees. Van Nuys, Valley Glen, Studio City, and Valley Village are the closest neighbors offering each their own attractions, from historic sites to dusk-till-dawn nightlife. The parks that surround the neighborhood are a great addition if you’re looking for houses for rent in Sherman Oaks – make sure your kids breathe fresh air all year round.