324 Queen Ave
OviedoFL32765
Cheap Homes for Rent in the Downtown Oviedo Neighborhood of Oviedo, FL from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Oviedo area of Oviedo.
1685 Greenleaf Woods Cv
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.
1949 Summer Club Dr
OviedoFL32765
1989 Summer Club 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.
798 TETBURY Lp
OviedoFL32765
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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 | $1,691 | $1,575 | $1,750 |
| Downtown Oviedo 3 Bedroom Homes for Rent | $2,380 | $1,995 | $3,100 |
| Downtown Oviedo 4 Bedroom Homes for Rent | $2,793 | $2,395 | $2,999 |
| Downtown Oviedo 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
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 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
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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 $1,395. Oviedo Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,670. 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 | $1,395 |
| Oviedo Grove | Birchwood | 1BR,1BA | $1,670 |
| The Rowan | A1 | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Downtown Oviedo, FL
As of July 11, 2026 the best value apartment in the Downtown Oviedo area is the $1.70 price per square foot Cypress Model at Legends Winter Springs in the in the Walden Chase neighborhood starting from $1,488. The second greatest value Downtown Oviedo apartment is the A4 Model at The Ellington at Oviedo Park starting at $2,339 with a $2.81 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 | Cypress | 1BR,1BA | $1.70 |
| The Ellington at Oviedo Park | A4 | 1BR,1BA | $2.81 |
| Oviedo Grove | Birchwood | 1BR,1BA | $2.04 |
| The Strand | A2 | 1BR,1BA | $2.56 |
| ARIUM at Oviedo Park | Onix | 1BR,1BA | $2.65 |
| The Rowan | A1 | 1BR,1BA | $2.59 |
| Dwell Oviedo | Bronze | 1BR,1BA | $2.73 |
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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Real 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.
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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 $1,224 to $4,014. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Oviedo ranging from $800 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 $800 to $5,500 with an average monthly rent of $2,721.
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 $1,699 to $4,014, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,014.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.