Cheap Homes for Rent in Downtown Oviedo Neighborhood of Oviedo, FL from $1,500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Oviedo area of Oviedo.

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.

property at 52 Saint Johanna Dr

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

2 Bedroom, 2 Bath Home for Rent

Available Now

52 Saint Johanna Dr

OviedoFL32765
property at 1029 Kelsey Ave

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,920
Required Monthly Fees
$30

Total Monthly Price
$1,950

3 Bedroom, 2.5 Bath Rentals

Available Mar 11

1029 Kelsey Ave

OviedoFL32765

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Downtown Oviedo, Oviedo, FL Local Guide

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 $1,407. Oviedo Town Centre has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,439. Here are the most affordable Downtown Oviedo apartments for rent in Oviedo, FL:

Apartment ListingModel NameBed/BathPriced From
Alafaya WoodsAzalea2BR,2BA$1,407
Oviedo Town CentreOne Bedroom One Bath1BR,1BA$1,439
ARIUM at Oviedo ParkPicasso1BR,1BA$1,604

Best Value Apartments for Rent in Downtown Oviedo, FL

As of February 24, 2026 the best value apartment in the Downtown Oviedo area is the $1.41 price per square foot Magnolia Model at Alafaya Woods in the in the Walden Chase neighborhood starting from $1,627. The second greatest value Downtown Oviedo apartment is the Cypress Model at Oviedo Grove starting at $1,945 with a $2.06 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Alafaya WoodsMagnolia3BR,2BA$1.41
Oviedo GroveCypress2BR,1BA$2.06
Legends Winter SpringsCypress1BR,1BA$1.87
Oviedo Town CentreOne Bedroom One Bath1BR,1BA$1.74
ARIUM at Oviedo ParkLennon1BR,1BA$2.19
The StrandA21BR,1BA$2.46
Dwell OviedoBronze1BR,1BA$2.67
The Ellington at Oviedo ParkA11BR,1BA$2.59

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Frequently Asked Questions about Downtown Oviedo

What type of rentals are currently available in Downtown Oviedo?

There are currently 16 Apartments for Rent in Downtown Oviedo, FL with pricing that ranges from $1,199 to $3,679. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oviedo ranging from $1,550 to $5,500.

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 $1,550 to $5,500 with an average monthly rent of $3,020.

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 $1,549 to $3,679, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,849.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.