Cheap Apartments for Rent in the Downtown Oviedo Neighborhood of Oviedo, FL from $1,100 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Oviedo area of Oviedo.

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The Strand
1 to 3 Bedroom Apartments

The Strand

370 Center Lake LnOviedo, FL 32765

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Downtown Oviedo, Oviedo, FL Local Guide

Cheapest Available Downtown Oviedo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Oviedo area of Oviedo, FL is a 1 Bed unit found at Legends Winter Springs priced from $1,531. Alafaya Woods has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,558. Here are the most affordable Downtown Oviedo apartments for rent in Oviedo, FL:

Apartment ListingModel NameBed/BathPriced From
Legends Winter SpringsCypress1BR,1BA$1,531
Alafaya WoodsAzalea2BR,2BA$1,558
Oviedo Town CentreTwo Bedroom Two Bath2BR,2BA$1,575

Best Value Apartments for Rent in Downtown Oviedo, FL

As of January 20, 2026 the best value apartment in the Downtown Oviedo area is the $1.63 price per square foot Magnolia Model at Alafaya Woods in the in the Walden Chase neighborhood starting from $1,874. The second greatest value Downtown Oviedo apartment is the Two Bedroom Two Bath Model at Oviedo Town Centre starting at $1,575 with a $1.53 price per square foot in the Walden Chase neighborhood. Here is today’s list of the best values for Downtown Oviedo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alafaya WoodsMagnolia3BR,2BA$1.63
Oviedo Town CentreTwo Bedroom Two Bath2BR,2BA$1.53
Oviedo GroveCypress2BR,1BA$1.96
Legends Winter SpringsCypress1BR,1BA$1.75
The StrandA8b1BR,1BA$2.47
ARIUM at Oviedo ParkOnix1BR,1BA$2.19
Dwell OviedoBronze1BR,1BA$2.67
The Ellington at Oviedo ParkA11BR,1BA$2.48

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.

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Frequently Asked Questions about Cheap Downtown Oviedo Apartments

What is the price of a cheap apartment in Downtown Oviedo?

The cheapest apartment in Downtown Oviedo is Legends Winter Springs which is listed at $1,531, while the average apartment in Downtown Oviedo costs $2,120.

What types of apartments are the cheapest in Downtown Oviedo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Downtown Oviedo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Oviedo?

Cheap apartments in Downtown Oviedo have an average cost of $957 which is $1,163 cheaper than the average rent for all rentals in Downtown Oviedo.

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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!