
Cheap Apartments for Rent in Sherman Oaks, CA from $500 (251 Rentals)
Search the lowest-cost Apartments available for rent right now in Sherman Oaks.


14716 Magnolia Blvd

The Sherman

Villa Nicola Apartments

The Embassy

Addison Arms Apartments

4501 Vista Del Monte

5216 Kester Ave

14632 Magnolia Blvd

Murietta Palms Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Kingston

5104 Sepulveda Blvd

Orange Wood Court

Tiara Oaks

14636-14638 Moorpark St

4940 Woodman Ave

6546 Sepulveda Blvd

Casa Vieja Apartments

Oasis Apartments

The Renaissance At Sherman Oaks
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4916 Hazeltine Ave

15017 Dickens St

5451 Sepulveda Blvd

4770 Kester Ave

4610 Natick Ave

5201 Cedros Ave

4345 Ventura Canyon Ave

Moorparks Palms

13411 Moorpark St

Sherman Oaks Regency Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Embassy House Apartments

Woodman Ave Apartments

Orion Court Apartments

14836 Archwood St, Unit 14

4706 Vantage Ave, Unit 3A

7325 Sepulveda Blvd

15938 Vanowen St, Unit 11

Heritage Park at Woodman (Senior 55+)

14024 Oxnard St, Unit 20

San Regis Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

5104 Sepulveda Blvd

Total Monthly Price
5725 Burnet Ave, Unit Studio Efficiency Guest House

Sepulveda Manhattan Apartments

Diamond Pointe

Southoaks Pointe Apartments

Total Monthly Price
14210 Sylvan St, Unit 2

14210 Sylvan St

14617 Gilmore St, Unit 5

6222 Hazeltine Ave

Reflections at Barbara Ann
LA Alternatives: Find the Perfect Commuter City for Renting in the Los Angeles Metro Area
Get more breathing room without compromising proximity to LA. Our Los Angeles local expert breaks down the best neighboring cities for renting more affordable apartments with easier commutes.
Sherman Oaks, CA Local Guide

How much does it cost to rent an apartment in Sherman Oaks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Sherman Oaks Studio Apartments | $1,871 | $1,295 | $3,116 |
| Cheap Sherman Oaks 1 Bedroom Apartments | $2,261 | $850 | $4,300 |
| Cheap Sherman Oaks 2 Bedroom Apartments | $2,947 | $1,703 | $8,732 |
| Cheap Sherman Oaks 3 Bedroom Apartments | $3,610 | $2,350 | $10,000+ |
| Cheap Sherman Oaks 4 Bedroom Apartments | $4,678 | $3,825 | $6,500 |
Browse Top Apartments in Sherman Oaks
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Sherman Oaks, CA Local Guide

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Cheapest Available Sherman Oaks Apartments for Rent
 The cheapest available apartment rental in Sherman Oaks, CA is a Studio unit found at Laurel Cyn 6820 in the Antelope Valley neighborhood priced from $1,300. Heritage Park at Woodman (Senior 55+) in the Antelope Valley neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Sherman Oaks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Laurel Cyn 6820 | 0BR/1.0BA | Studio,1BA | $1,300 |
| Heritage Park at Woodman (Senior 55+) | Studio 1 Bathroom | Studio,1BA | $1,300 |
| Gorgeous 2 Bed/2 bath apartment in excellent Sherman Oaks area! | 0BR/1.0BA | Studio,1BA | $1,395 |
| San Regis Apartments | 1 Bedroom - 50% AMI | 1BR,1BA | $1,420 |
| Sepulveda Manhattan Apartments | Studio | Studio,1BA | $1,425 |
| The Sherman | Unit #1 (Studio) | Studio,1BA | $1,445 |
| Diamond Pointe | Studio | Studio,1BA | $1,450 |
| Southoaks Pointe Apartments | Studio | Studio,1BA | $1,475 |
| Reflections at Barbara Ann | One Bedroom | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Sherman Oaks, CA
As of June 10, 2026 the best value apartment in the Sherman Oaks area is the $1.90 price per square foot 3 Bedroom 2 Bath Model at Jaclyn Terrace Apartments in the in the Antelope Valley neighborhood starting from $3,521. The second greatest value Sherman Oaks apartment is the 11685 Magnolia Blvd Model at 11685 Magnolia Blvd, Unit B starting at $2,395 with a $1.37 price per square foot in the Antelope Valley neighborhood. Here is today’s list of the best values for Sherman Oaks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jaclyn Terrace Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.90 |
| 11685 Magnolia Blvd, Unit B | 11685 Magnolia Blvd | 2BR,1BA | $1.37 |
| Kester Villas | 2BR/2.0BA | 2BR,2BA | $1.97 |
| 4432 Coldwater Canyon | 2BR/2.0BA | 2BR,2BA | $1.84 |
| The New Yorker | 2 BD 2BT Low Income | 2BR,2BA | $1.54 |
| 6651 Haskell Ave | 2BR/2.0BA | 2BR,2BA | $1.71 |
| Delano Townhomes | open plan | 2BR,2BA | $1.92 |
| 6310 Sylmar Ave | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Park Fulton | 2 Bed + 1 Bath | 2BR,1BA | $1.90 |
| 7524 Sepulveda Blvd | 1/1 | 1BR,1BA | $1.77 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Learn About the Best Neighborhoods to Rent Near College Campuses in Los Angeles, CA | Find Los Angeles Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Sherman Oaks Overview
If you are looking for a beautiful place to live and work, then take a closer look at Sherman Oaks, CA. The area of Sherman Oaks, CA is known for its gorgeous weather, friendly people, and vibrant community. Located in the San Fernando Valley of Los Angeles, CA, there is always something to do in Sherman Oaks, CA! If you are looking for Sherman Oaks apartments, then you need to learn more about the area! Check out some of the helpful information that we have compiled and let us help you find your next apartments in Sherman Oaks, CA!áThe area of Sherman Oaks, CA sits in the San Fernando Valley and includes a portion of the Santa Monica Mountains as well. As a result, Sherman Oaks, CA has a slightly lower population density than the other portions of Los Angeles. This means that Sherman Oaks, CA feels a little bit less crowded than some of the other areas. This area is known for having beautiful weather and a welcoming feel for both residents and visitors alike.
Why live in Sherman Oaks, CA?
There are lots of reasons why people choose to live and work in Sherman Oaks, CA. First, the weather is very mild, as it almost never rains and the weather is warm throughout the entire year. Hurricanes and tornadoes do not develop in Sherman Oaks, CA. Second, this provides people with easy access to the Los Angeles job market without having to worry about paying the cost of living that exists in Los Angeles. Finally, the commute and traffic in Sherman Oaks, CA are lighter than it is in Los Angeles, even though it can be heavy. Overall, there are lots of reasons why people love to live and work in Sherman Oaks, CA.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sherman Oaks, CA Rentals by Map
See the most popular apartments and homes in Sherman Oaks, CA
Frequently Asked Questions about Cheap Sherman Oaks Apartments
What is the Cheapest Studio apartment in Sherman Oaks?
Currently the most affordable Cheap Studio Apartment in Sherman Oaks is at Laurel Cyn 6820 listed at $1,300.
How much is rent for a Cheap One Bedroom Sherman Oaks Apartment?
The lowest price for a Cheap One Bedroom Sherman Oaks Apartment is $1,420 at San Regis Apartments.
What is the lowest price for a Cheap Two Bedroom Sherman Oaks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sherman Oaks is starting from $1,873 at The New Yorker.
What is the most affordable Sherman Oaks Three Bedroom Apartment?
The best deal on a cheap Sherman Oaks Three Bedroom Apartment rental is at Woodman Plaza and starts from $2,350.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Los Angeles, CA
Written by: Rachel Presser
Los Angeles is a vast and vibrant city where modernity meets more than a century of fascinating history, in addition to being a global bastion for the entertainment industry and the arts.

A Local Expert's Top Neighborhood Guide for Renters While Attending Major Colleges and Universities in Los Angeles
Written by: Rachel Presser
When most people think of collegiate destination cities, Boston and New York often come to mind in addition to smaller college towns.

More Than Just Hollywood: A Local Experts Deep Dive into LA Living
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.

The LA Price Check: Separating Cost of Living Myth from Reality
Written by: Rachel Presser
Hi from LA! I’m Rachel, your ApartmentHomeLiving.com Local Expert for Los Angeles, CA.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.