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$1,876 - $4,1051 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 $1,199 (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
$1,730 - $3,4671 to 2 Bedroom Apartments Available Now
The Ellington at Oviedo Park
234 E Mitchell Hammock RdOviedo, FL 32765
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$1,355 - $1,8902 to 3 Bedroom Apartments Available Now
Alafaya Woods
407 Alafaya Woods BlvdOviedo, FL 32765
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Rent Specials
$1,705 - $3,8081 to 3 Bedroom Apartments Available Now
Oviedo Grove
1600 Oviedo Grove CirOviedo, FL 32765
Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla Ferrara
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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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$1,591 - $3,5881 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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$1,536 - $2,241
Total Monthly Price
Base Rent$1,536 - $2,241
Total Monthly Price$1,536 - $2,241
Legends Winter Springs
440 Courtney Springs CorWinter Springs, FL 32708
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $2,014 | $1,234 | $3,435 |
| Downtown Oviedo 2 Bedroom Apartments | $2,320 | $1,385 | $3,475 |
| Downtown Oviedo 3 Bedroom Apartments | $2,714 | $1,649 | $4,105 |
| Downtown Oviedo 4 Bedroom Apartments | $2,149 | $1,999 | $2,249 |
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.
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 2 Beds unit found at Alafaya Woods priced from $1,355. Legends Winter Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,536. 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 | $1,355 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1,536 |
| ARIUM at Oviedo Park | Rockwell | 1BR,1BA | $1,591 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of September 10, 2026 the best value apartment in the Downtown Oviedo area is the $1.64 price per square foot Magnolia Model at Alafaya Woods in the in the Walden Chase neighborhood starting from $1,890. 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 | $1.64 |
| Oviedo Town Centre | Two Bedroom Two Bath | 2BR,2BA | $1.55 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1.76 |
| Oviedo Grove | Birchwood | 1BR,1BA | $2.08 |
| The Strand | A8b | 1BR,1BA | $2.47 |
| ARIUM at Oviedo Park | Onix | 1BR,1BA | $2.57 |
| The Rowan | A1 | 1BR,1BA | $2.59 |
| Dwell Oviedo | Bronze | 1BR,1BA | $2.75 |
| 1969 Summer Club Dr, Unit #109 | 1969 Summer Club Dr | 1BR,1BA | $2.24 |
| The Ellington at Oviedo Park | A1 | 1BR,1BA | $2.65 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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 $1,536, while the average apartment in Downtown Oviedo costs $2,043.
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 30 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 $514 which is $1,529 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.