Sherman Oaks, California Short Term Rental Regulations
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Reviewed by Derick Hargrave
Last updated September 03, 2023
Sherman Oaks Short-Term Rental Regulations
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Short Term City Rating5.7
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Competition
5.1 -
Real Estate Cost
2.4 -
STR Regulations
N/A -
Seasonality
6.8 -
Rental Rates
8.7
Sherman Oaks, California Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 65,436
- STR License Required
- No
- Tourist Season
- May to September
- County
- Los Angeles
- Airports
- Los Angeles International Airport (LAX)
- Hollywood Burbank Airport (BUR)
Want to learn more about Sherman Oaks?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Sherman Oaks rental analytics guide if you're interested in data on the Sherman Oaks rental market.
Review the popular activities that hosts include in their property positing in Sherman Oaks.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Sherman Oaks guests.
Interested in other California cities?
Check out the California Airbnb rules directory
What makes Sherman Oaks a great place to invest?
- Strategic Location: Sherman Oaks boasts a strategic location that is close to major attractions in Los Angeles, including Hollywood, Universal Studios, and the Getty Center. This makes it a convenient base for tourists looking to explore the city, thereby increasing the demand for short-term rentals.
- Variety of Amenities: The neighborhood offers a wide range of amenities, from trendy cafes and restaurants to shopping centers and fitness facilities. This ensures that visitors have everything they need at their fingertips, making it an attractive option for short-term stays.
- Proximity to Natural Beauty: Sherman Oaks is close to the Santa Monica Mountains, providing easy access to hiking trails, parks, and outdoor activities. This is a major draw for nature enthusiasts and those looking to escape the hustle and bustle of city life.
- Well-Connected Transportation: With easy access to major highways and public transportation, getting around from Sherman Oaks is a breeze. This is a significant advantage for tourists who may not have a car and rely on public transportation to explore the city.
- Safe and Family-Friendly: Sherman Oaks is known for being a safe and family-friendly neighborhood, which is a key consideration for many travelers, especially those with children. This reputation helps attract a steady stream of visitors looking for a comfortable and secure place to stay.
Sherman Oaks Nearby Cities
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6 miles away
- Rating: 5.4
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6 miles away
- Rating: 5.5
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Local Real Estate
How expensive is the real estate in Sherman Oaks?
The cost of real estate can vary widely depending on the location, size, and features of the property, as well as market conditions. The median home value in Sherman Oaks has decreased -7% over the past year, and the average price per square foot is $748, which is higher than the national average.
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Median Sale Price
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$1,572,417
-7% YoY
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Median per Square Foot
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$748
-2% YoY
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Average Monthly Rent
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$4,456
4% YoY
The most common terms hosts include in their listings for Sherman Oaks, California
Common terms for Sherman Oaks short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Sherman Oaks has a description approximately 1,939 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 1,967 listings in Sherman Oaks, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Pool, Outdoor, Backyard, Beautiful, Quiet, Santa Monica, Patio, Los Angeles, Place, and Comfortable.
What are the most popular tourist activities in Sherman Oaks?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Sherman Oaks involve Hiking, Museums, the Health Spa, Cycling, and Mountain Biking. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Hiking
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Museums
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Health Spa
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Cycling
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Mountain Biking
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Swimming
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Theme Parks
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Horseback Riding
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Adventure Activities
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Zoo
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Beach
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Wildlife Viewing
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Sherman Oaks, including Universal Studios Hollywood, Santa Monica Beach, Venice Beach, Santa Monica Pier, and Rodeo Drive. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Well Known Attraction
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Santa Monica Beach
Included on 55% of listings
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Well Known Attraction
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Getty Center
Included on 55% of listings
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Well Known Attraction
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University of California, Los Angeles
Included on 54% of listings
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Well Known Attraction
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Ronald Reagan UCLA Medical Center
Included on 54% of listings
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Well Known Attraction
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Santa Monica Pier
Included on 49% of listings
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Well Known Attraction
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Sunset Strip
Included on 46% of listings
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Well Known Attraction
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Rodeo Drive
Included on 45% of listings
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Well Known Attraction
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Melrose Avenue
Included on 44% of listings
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Well Known Attraction
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Hollywood Boulevard
Included on 42% of listings
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Well Known Attraction
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The Grove
Included on 42% of listings
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Well Known Attraction
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Universal Studios Hollywood
Included on 41% of listings
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Well Known Attraction
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Venice Beach
Included on 41% of listings
What’s the weather like in Sherman Oaks, California?
The weather is about the same as the national average, with an average high temperature of around 75°, while the average low is about 55°. It has normal rainfall, averaging about 13 inches per year, compared to the national average of about 27 inches. Snowfall is scarce, with an average year having no snowfall. The humidity levels in Sherman Oaks are generally lower than the national average, and the city has a mix of clouds and sunshine for most of the year.
Winter
December through February
47° Low 66° High
Spring
March through May
53° Low 72° High
Summer
June through August
63° Low 83° High
Fall
September through November
57° Low 78° High
Cities Near Sherman Oaks
Sherman Oaks, California, is located in Los Angeles County. Some cities that are located nearby include:
