2 Hours Ago
Highlights
- Refrigerator
- Washer/dryer
Location
16836 Sherman Way, Van Nuys, California 91406, United States|Lake Balboa
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Property Overview
Sherman Villas at Lake Balboa, LLC is rated 8 out of 10 by Zumper, reflecting strong overall quality and reliability. With excellent scores for price (9/10) and location (9/10), this property offers great value and convenience, situated near top-rated schools and amenities. Notable features include a refrigerator and washer/dryer, contributing to its appeal as a premier choice for renters seeking an elevated standard of living.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- High school nearby
- Middle school nearby
Floor plans
| 2BR/2.0BA | 2 bed | 2 bath | 1,162 sqft | $2,695 /mo | 1 unit available | 2 bedroom, 2 bathroom, washer/dryer, refrigerator | |
| 3BR/2.0BA | 3 bed | 2 bath | 1,323 sqft | $3,050 /mo | 1 unit available | 3 bedroom, 2 bathroom, washer/dryer, refrigerator |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 18 |
|---|
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About Sherman Villas at Lake Balboa, LLC
2 bedroom, 2 bathroom, washer/dryer, refrigerator
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, Sherman Villas at Lake Balboa, LLC is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Sherman Villas at Lake Balboa, LLC has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Sherman Villas at Lake Balboa, LLC stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Sherman Villas at Lake Balboa, LLC is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Sherman Villas at Lake Balboa, LLC is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Sherman Villas at Lake Balboa, LLC does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Sherman Villas at Lake Balboa, LLC provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Sherman Villas at Lake Balboa, LLC compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 262 sqft larger than other listings nearby
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 3-bedroom is 119 sqft larger than other listings nearby
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Rent trends in Lake Balboa
If you decide to upgrade your space, you can expect 2-bedrooms at Sherman Villas at Lake Balboa, LLC to be 5% more than the average for similarly sized apartments in Lake Balboa.
3-bedroom apartments at Sherman Villas at Lake Balboa, LLC cost about 23% less than the average rent price for 3-bedroom apartments in Lake Balboa.
Median rents as of Jan 3 2026.
Lake Balboa
Los Angeles
| Month | Median Rent |
|---|---|
| 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 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,745 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,715 |
| March 2024 | $1,779 |
| April 2024 | $1,655 |
| May 2024 | $1,666 |
| June 2024 | $1,695 |
| July 2024 | $1,625 |
| August 2024 | $1,857 |
| September 2024 | $1,981 |
| October 2024 | $1,667 |
| November 2024 | $1,650 |
| January 2025 | $1,631 |
| February 2025 | $1,640 |
| March 2025 | $1,635 |
| April 2025 | $1,543 |
| May 2025 | $1,686 |
| June 2025 | $1,715 |
| July 2025 | $1,742 |
| August 2025 | $1,666 |
| September 2025 | $1,679 |
| October 2025 | $1,689 |
| November 2025 | $1,695 |
| December 2025 | $1,750 |
| January 2026 | $1,750 |
Affordability calculator
Can I afford to live at 16836 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
$107,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $107,800 annually to afford this 2-bedrooms monthly rent price of $2,695.
For more information on rent affordability, visit our rent calculator.
Schools near Sherman Villas at Lake Balboa, LLC
Gault Street Elementary School
17000 gault st
lake balboa, CA, 91406
K-5Public
B-
Lokrantz Special Education Center
19451 wyandotte st
reseda, CA, 91335
K-12Public
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
Marlton
4000 santo tomas dr
los angeles, CA, 90008
K-12Public
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
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Internet available near Sherman Villas at Lake Balboa, LLC
Getting around Van Nuys near 16836 Sherman Way
Walking
6/10
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
6/10
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 16836 Sherman Way, Van Nuys
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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