581 N Central Ave
OviedoFL32765
Cheap Homes for Rent in Downtown Oviedo Neighborhood of Oviedo, FL from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oviedo area of Oviedo.
1969 Summer Club Dr
OviedoFL32765
1969 Summer Club Dr, Unit 207
1969 Summer Club Dr
OviedoFL32765
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.
1989 Summer Club Dr
OviedoFL32765
850 TETBURY Lp
OviedoFL32765
431 Geneva Dr
OviedoFL32765
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.
629 Pinebranch Cir
Winter SpringsFL32708
Showing Results 1-7, Page 1 of 1
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 | $1,495 | $1,495 | $1,495 |
| Downtown Oviedo 3 Bedroom Homes for Rent | $2,457 | $1,980 | $3,500 |
| Downtown Oviedo 4 Bedroom Homes for Rent | $2,996 | $2,625 | $3,400 |
| Downtown Oviedo 5 Bedroom Homes for Rent | $5,266 | $3,800 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $1,386. Legends Winter Springs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,578. 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 | $1,386 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1,578 |
| Oviedo Town Centre | Three Bedroom Two Bath (b) | 3BR,2BA | $1,699 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of April 10, 2026 the best value apartment in the Downtown Oviedo area is the $1.44 price per square foot Four Bedroom Three Bath Model at Oviedo Town Centre in the in the Walden Chase neighborhood starting from $2,114. The second greatest value Downtown Oviedo apartment is the Magnolia Model at Alafaya Woods starting at $1,588 with a $1.38 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 | $1.44 |
| Alafaya Woods | Magnolia | 3BR,2BA | $1.38 |
| Oviedo Grove | Cypress | 2BR,1BA | $1.95 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1.81 |
| The Ellington at Oviedo Park | A4 | 1BR,1BA | $2.68 |
| The Strand | A2 | 1BR,1BA | $2.52 |
| ARIUM at Oviedo Park | Onix | 1BR,1BA | $2.50 |
| 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.
Read Article
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.
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.
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Best Local Schools in Downtown Oviedo, Oviedo, FL
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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 $1,234 to $3,777. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oviedo ranging from $995 to $6,500.
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 $995 to $6,500 with an average monthly rent of $2,441.
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 $1,588 to $3,777, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,980 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,625 and Four Bedroom Apartments start at $2,029.
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
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.
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.