
Cheap Apartments for Rent in the Downtown Oviedo Neighborhood of Oviedo, FL from $1,100 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Oviedo area of Oviedo.


878 TETBURY Lp

1685 Greenleaf Woods Cv

894 TETBURY Lp

798 TETBURY Lp

Alafaya Woods
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.

Oviedo Grove

ARIUM at Oviedo Park

The Rowan

1950 Summer Club Dr

Dwell Oviedo

794 TETBURY Lp
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.

1989 Summer Club Dr

431 Geneva Dr

1950 Summer Club Dr

The Strand

Total Monthly Price
Legends Winter Springs

654 Pinebranch Cir
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.
Downtown Oviedo, Oviedo, FL Local Guide

How much does it cost to rent an apartment in Downtown Oviedo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Oviedo 1 Bedroom Apartments | $1,946 | $1,234 | $3,003 |
| Downtown Oviedo 2 Bedroom Apartments | $2,292 | $1,539 | $3,312 |
| Downtown Oviedo 3 Bedroom Apartments | $2,441 | $1,599 | $3,800 |
| Downtown Oviedo 4 Bedroom Apartments | $2,085 | $1,899 | $2,234 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Oviedo Neighborhood of Oviedo, FL.
See all Apartments in OviedoExplore Oviedo
Downtown Oviedo, Oviedo, FL Local Guide
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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 $1,581. Oviedo Town Centre has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,599. Here are the most affordable Downtown Oviedo apartments for rent in Oviedo, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legends Winter Springs | Cypress | 1BR,1BA | $1,581 |
| Oviedo Town Centre | Three Bedroom Two Bath (b) | 3BR,2BA | $1,599 |
| The Strand | A7 | 1BR,1BA | $1,841 |
| Dwell Oviedo | Gold | 1BR,1BA | $1,876 |
| The Ellington at Oviedo Park | A2 | 1BR,1BA | $1,930 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of June 09, 2026 the best value apartment in the Downtown Oviedo area is the $1.32 price per square foot Three Bedroom Two Bath (b) Model at Oviedo Town Centre in the in the Walden Chase neighborhood starting from $1,599. The second greatest value Downtown Oviedo apartment is the Cypress Model at Legends Winter Springs starting at $1,581 with a $1.81 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oviedo Town Centre | Three Bedroom Two Bath (b) | 3BR,2BA | $1.32 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1.81 |
| Oviedo Grove | Birchwood | 1BR,1BA | $2.35 |
| The Ellington at Oviedo Park | A3 | 1BR,1BA | $2.73 |
| ARIUM at Oviedo Park | Lennon | 1BR,1BA | $2.60 |
| The Strand | A7 | 1BR,1BA | $2.60 |
| Dwell Oviedo | Bronze | 1BR,1BA | $2.75 |
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 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.
Best Local Schools in Downtown Oviedo, Oviedo, FL
School data provided by Great Schools
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 $1,581, while the average apartment in Downtown Oviedo costs $2,433.
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 17 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 $493 which is $1,940 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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.