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$1,815 - $3,0601 to 3 Bedroom Apartments Available Now
Dwell Oviedo
500 Sugar Mill RdOviedo, FL 32765
Cheap Apartments for Rent in the Downtown Oviedo Neighborhood of Oviedo, FL from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Oviedo area of Oviedo.
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Rent Specials
$1,733 - $3,3681 to 2 Bedroom Apartments Available Now
The Ellington at Oviedo Park
234 E Mitchell Hammock RdOviedo, FL 32765
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$1,393 - $1,7002 to 3 Bedroom Apartments Available Now
Alafaya Woods
407 Alafaya Woods BlvdOviedo, FL 32765
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Rent Specials
$1,846 - $3,7851 to 3 Bedroom Apartments Available Now
Oviedo Grove
1600 Oviedo Grove CirOviedo, FL 32765
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.
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$1,199 - $2,2491 to 4 Bedroom Apartments Available Now
Oviedo Town Centre
450 Fontana CirOviedo, FL 32765
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$1,957 - $5,1161 to 3 Bedroom Apartments Available Now
ARIUM at Oviedo Park
940 City Plaza WayOviedo, FL 32765
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1 to 3 Bedroom Apartments
The Strand
370 Center Lake LnOviedo, FL 32765
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$1,593 - $2,165
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,593 - $2,165
Total Monthly Price
$1,593 - $2,165
Legends Winter Springs
440 Courtney Springs CorWinter Springs, FL 32708
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.
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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 | $1,928 | $1,234 | $3,077 |
| Downtown Oviedo 2 Bedroom Apartments | $2,256 | $1,393 | $3,248 |
| Downtown Oviedo 3 Bedroom Apartments | $2,388 | $1,573 | $3,785 |
| Downtown Oviedo 4 Bedroom Apartments | $2,002 | $1,899 | $2,109 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Oviedo Neighborhood of Oviedo, FL.
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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 2 Beds unit found at Alafaya Woods priced from $1,369. 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 |
|---|---|---|---|
| Alafaya Woods | Azalea | 2BR,2BA | $1,369 |
| Oviedo Town Centre | Two Bedroom Two Bath | 3BR,2BA | $1,599 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1,643 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of April 24, 2026 the best value apartment in the Downtown Oviedo area is the $1.37 price per square foot Magnolia Model at Alafaya Woods in the in the Walden Chase neighborhood starting from $1,573. The second greatest value Downtown Oviedo apartment is the Two Bedroom Two Bath Model at Oviedo Town Centre starting at $1,599 with a $1.55 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. |
|---|---|---|---|
| Alafaya Woods | Magnolia | 3BR,2BA | $1.37 |
| Oviedo Town Centre | Two Bedroom Two Bath | 2BR,2BA | $1.55 |
| Oviedo Grove | Cypress | 2BR,1BA | $1.95 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1.82 |
| The Ellington at Oviedo Park | A4 | 1BR,1BA | $2.72 |
| The Strand | A8b | 1BR,1BA | $2.51 |
| ARIUM at Oviedo Park | Onix | 1BR,1BA | $2.74 |
| Dwell Oviedo | Bronze | 1BR,1BA | $2.67 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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.
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Best Local Schools in Downtown Oviedo, Oviedo, FL
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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 $1,593, while the average apartment in Downtown Oviedo costs $2,357.
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 19 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 $989 which is $1,368 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.