
Cheap Homes for Rent in the Downtown Oviedo Neighborhood of Oviedo, FL from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oviedo area of Oviedo.


147 Dalton Dr
Orlando's Best Affordable Neighborhoods
Learn about Orlando and the best places to live with original content written by our Local Expert Darla Ferrara

1949 Summer Club Dr

1919 Summer Club Dr, Unit 207
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.

1260 Palm Dr
Downtown Oviedo, Oviedo, FL Local Guide

How much does it cost to rent a home in Downtown Oviedo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Oviedo 2 Bedroom Homes for Rent | $2,325 | $1,800 | $2,850 |
| Downtown Oviedo 3 Bedroom Homes for Rent | $2,339 | $1,200 | $2,900 |
| Downtown Oviedo 4 Bedroom Homes for Rent | $2,605 | $2,595 | $2,615 |
| Downtown Oviedo 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Oviedo Neighborhood of Oviedo, FL.
Explore Oviedo
Downtown Oviedo, Oviedo, FL Local Guide
- Nearby Oviedo neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $1,385. Legends Winter Springs has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,644. 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 | $1,385 |
| Legends Winter Springs | Magnolia | 2BR,2BA | $1,644 |
| Oviedo Grove | Birchwood | 1BR,1BA | $1,758 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of August 25, 2026 the best value apartment in the Downtown Oviedo area is the $1.56 price per square foot Palm Model at Legends Winter Springs in the in the Walden Chase neighborhood starting from $2,075. The second greatest value Downtown Oviedo apartment is the Magnolia Model at Alafaya Woods starting at $1,566 with a $1.36 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. |
|---|---|---|---|
| Legends Winter Springs | Palm | 3BR,2BA | $1.56 |
| Alafaya Woods | Magnolia | 3BR,2BA | $1.36 |
| Oviedo Town Centre | Two Bedroom Two Bath | 2BR,2BA | $1.74 |
| Oviedo Grove | Birchwood | 1BR,1BA | $2.14 |
| The Strand | A8b | 1BR,1BA | $2.42 |
| ARIUM at Oviedo Park | Onix | 1BR,1BA | $2.57 |
| The Rowan | A1 | 1BR,1BA | $2.62 |
| 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 | $2.74 |
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 Downtown Oviedo
What type of rentals are currently available in Downtown Oviedo?
There are currently 17 Apartments for Rent in Downtown Oviedo, FL with pricing that ranges from $1,199 to $3,840. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oviedo ranging from $1,000 to $3,800.
What is the current price range for Rental Homes in Downtown Oviedo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Oviedo ranges from $1,000 to $3,800 with an average monthly rent of $2,353.
How much are larger Three and Four Bedroom Rentals in Downtown Oviedo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Oviedo range from $1,566 to $3,840, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,999.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.