
Cheap Homes for Rent in Downtown Oviedo Neighborhood of Oviedo, FL from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oviedo area of Oviedo.


28 Sandalwood Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

32 Sandalwood Ct

34 Sandalwood Ct

1999 Summer Club Dr

1289 E Harrison St

1289 E Harrison St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1016 Olliff Way

120 Stephen Ave

580 Prospect Point
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 | $1,744 | $1,490 | $2,099 |
Downtown Oviedo 3 Bedroom Homes for Rent | $2,710 | $1,980 | $4,000 |
Downtown Oviedo 4 Bedroom Homes for Rent | $3,300 | $2,350 | $3,800 |
Downtown Oviedo 5 Bedroom Homes for Rent | $4,495 | $4,495 | $4,495 |
Downtown Oviedo 6 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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
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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 $1,369. Grandeville at RiverPlace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,529. 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 | $1,369 |
Grandeville at RiverPlace | Addison - Premium | 1BR,1BA | $1,529 |
Alafaya Woods | Azalea | 2BR,2BA | $1,558 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of May 29, 2025 the best value apartment in the Downtown Oviedo area is the $1.47 price per square foot Four Bedroom Three Bath Model at Oviedo Town Centre in the in the Walden Chase neighborhood starting from $2,149. The second greatest value Downtown Oviedo apartment is the Magnolia Model at Alafaya Woods starting at $1,692 with a $1.47 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 | Four Bedroom Three Bath | 4BR,3BA | $1.47 |
Alafaya Woods | Magnolia | 3BR,2BA | $1.47 |
Legends Winter Springs | Magnolia | 2BR,2BA | $1.59 |
Oviedo Grove | Cypress | 2BR,1BA | $1.95 |
Grandeville at RiverPlace | Addison - Premium Plus | 1BR,1BA | $1.77 |
Trailside Gardens at Alafaya | A1 | 1BR,1BA | $2.12 |
The Strand | A5 | 1BR,1BA | $2.51 |
Park Place Oviedo Apartments | Onix | 1BR,1BA | $2.59 |
Dwell Oviedo | Bronze | 1BR,1BA | $2.62 |
Integra 360 | 1 | 1BR,1BA | $2.46 |
Quick 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.
Frequently Asked Questions about Downtown Oviedo
What type of rentals are currently available in Downtown Oviedo?
There are currently 19 Apartments for Rent in Downtown Oviedo, FL with pricing that ranges from $1,149 to $3,551. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oviedo ranging from $1,400 to $4,850.
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 $1,400 to $4,850 with an average monthly rent of $3,083.
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 $1,692 to $3,413, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,980 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,999.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.