15 Hours Ago
Location
15150 Sherman Way, Van Nuys, CA 91405, USA|Van Nuys
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Floor plans
| 2x2 | 2 bed | 2 bath | $2,295 /mo | 1 unit available | |||
| 3x2 | 3 bed | 2 bath | $2,725 /mo | 1 unit available |
Let's explore this property.
Amenities for Palm Terrace
Apartment Amenities
| Air Conditioning | Blinds |
| Laminate Floors | Large Patio |
Appliances
| Central A/C | Dishwasher |
| Fridge | Oven |
| Stove/Oven |
Building
| Controlled Access | Elevator |
| Fitness Center | Gym |
| Onsite Laundry |
Grounds
| Assigned Parking | BBQ Area |
| Gate | Outdoor Space |
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
No pets allowed.
Parking
| Assigned Parking | Contact for Price |
|---|
Required one-time fees
| Application Fee | Variable |
|---|---|
| Security Deposit | $2,295 |
Building details
Property details
| Units | 28 |
|---|
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About Palm Terrace
TTY available. Go to our website RSTrents. com to access the phone number you will need for the 711 TTY service. MANAGED BY: RST & Assoc. Find us on Google. IT491014 - IT49RS46
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Palm Terrace compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Van Nuys
If you decide to upgrade your space, you can expect 2-bedrooms at Palm Terrace to be 13% less than the average for similarly sized apartments in Van Nuys.
3-bedroom apartments at Palm Terrace cost about 25% less than the average rent price for 3-bedroom apartments in Van Nuys.
Median rents as of Oct 11 2025.
Van Nuys
Los Angeles
| Month | Median Rent |
|---|---|
| October 2023 | $1,795 |
| November 2023 | $1,796 |
| December 2023 | $1,777 |
| January 2024 | $1,785 |
| February 2024 | $1,695 |
| March 2024 | $1,712 |
| April 2024 | $1,718 |
| May 2024 | $1,750 |
| June 2024 | $1,778 |
| July 2024 | $1,816 |
| August 2024 | $1,848 |
| September 2024 | $1,848 |
| October 2024 | $1,801 |
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,700 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,575 |
| November 2023 | $1,567 |
| December 2023 | $1,550 |
| January 2024 | $1,550 |
| February 2024 | $1,573 |
| March 2024 | $1,582 |
| April 2024 | $1,584 |
| May 2024 | $1,595 |
| June 2024 | $1,593 |
| July 2024 | $1,565 |
| August 2024 | $1,592 |
| September 2024 | $1,617 |
| October 2024 | $1,603 |
| November 2024 | $1,605 |
| December 2024 | $1,631 |
| January 2025 | $1,697 |
| February 2025 | $1,731 |
| March 2025 | $1,688 |
| April 2025 | $1,627 |
| May 2025 | $1,603 |
| June 2025 | $1,605 |
| July 2025 | $1,604 |
| August 2025 | $1,614 |
| September 2025 | $1,650 |
| October 2025 | $1,646 |
Affordability calculator
Can I afford to live at 15150 Sherman Way?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 2-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Schools near Palm Terrace
Valerio Street Elementary School
15035 valerio st
van nuys, CA, 91405
K-5Public
C+
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
Lokrantz Special Education Center
19451 wyandotte st
reseda, CA, 91335
K-12Public
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
Marlton
4000 santo tomas dr
los angeles, CA, 90008
K-12Public
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Internet available near Palm Terrace
Getting around Van Nuys near 15150 Sherman Way
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 15150 Sherman Way, Van Nuys
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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