
Cheap Homes for Rent in Oviedo, FL from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Oviedo.


1824 Lake St

4147 Shadow Creek Cir

3479 Foxcroft Cir

139 E 8th St

14503 Kristenright LN, Unit Bedroom #2

321 E 4th St
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.

1824 Lake St

270 Suncrest Ct

1824 Lake St

1409 Madrid Way

607 S County Rd 419

1949 Summer Club Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Oviedo, FL Local Guide

How much does it cost to rent a home in Oviedo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oviedo 2 Bedroom Homes for Rent | $3,662 | $1,395 | $10,000+ |
| Oviedo 3 Bedroom Homes for Rent | $2,313 | $1,450 | $3,410 |
| Oviedo 4 Bedroom Homes for Rent | $2,712 | $2,085 | $3,950 |
| Oviedo 5 Bedroom Homes for Rent | $3,865 | $2,920 | $4,999 |
| Oviedo 6 Bedroom Homes for Rent | $3,275 | $3,275 | $3,275 |
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Oviedo, FL Local Guide
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Cheapest Neighborhoods for Apartments in Oviedo, FL
Pricing Updated: 12/31/2025Current apartment rentals in the Oviedo, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Oviedo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Oviedo | $2,134 | $1,244 | 87 |
Cheapest Available Oviedo Apartments for Rent
 The cheapest available apartment rental in Oviedo, FL is a 2 Beds unit found at Promenade at Aloma Apartments in the Walden Chase neighborhood priced from $981. Mystic Cove in the Walden Chase neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Oviedo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Promenade at Aloma Apartments | Parkline | 2BR,2BA | $981 |
| Mystic Cove | One Bedroom One Bath | 1BR,1BA | $1,095 |
| Northgate Lakes | 3x3 | 3BR,3BA | $1,155 |
| Enclave at Alafaya | Two Bedroom Two Bath (b) | 2BR,2BA | $1,280 |
| Elmhurst Village | Sterling | 1BR,1BA | $1,387 |
Best Value Apartments for Rent in Oviedo, FL
As of December 31, 2025 the best value apartment in the Oviedo area is the $0.64 price per square foot Woodbury Flat Furnished-4x4 Model at The Station Alafaya in the in the Walden Chase neighborhood starting from $1,125. The second greatest value Oviedo apartment is the Woodlake Model at Promenade at Aloma Apartments starting at $2,073 with a $1.54 price per square foot in the Walden Chase neighborhood. Here is today’s list of the best values for Oviedo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Station Alafaya | Woodbury Flat Furnished-4x4 | 4BR,4BA | $0.64 |
| Promenade at Aloma Apartments | Woodlake | 2BR,2BA | $1.54 |
| Northgate Lakes | 3x3 | 3BR,3BA | $0.98 |
| Alafaya Woods | Magnolia | 3BR,2BA | $1.67 |
| Oviedo Town Centre | Two Bedroom Two Bath | 2BR,2BA | $1.55 |
| Knights Circle | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
| Enclave at Alafaya | Two Bedroom Two Bath (b) | 2BR,2BA | $1.40 |
| Legends Winter Springs | Cypress | 1BR,1BA | $1.71 |
| Elmhurst Village | Sterling | 1BR,1BA | $1.64 |
| Mystic Cove | One Bedroom One Bath | 1BR,1BA | $1.49 |
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 ArticleYour Guide to the Perfect Orlando Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Orlando, FL | Find Orlando Off-Campus Student Housing at ApartmentHomeLiving.com
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.
Pet Friendly LifestyleOviedo, FL
Ranked #535
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Oviedo, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Oviedo
What type of rentals are currently available in Oviedo?
There are currently 42 Apartments for Rent in Oviedo, FL with pricing that ranges from $955 to $4,656. There are also 136 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oviedo ranging from $200 to $15,700.
What is the current price range for Rental Homes in Oviedo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oviedo ranges from $200 to $15,700 with an average monthly rent of $2,768.
How much are larger Three and Four Bedroom Rentals in Oviedo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oviedo range from $955 to $4,656, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,410. Four Bedroom Single-Family rentals are also available starting from $2,085 and Four Bedroom Apartments start at $955.
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.
Helpful Local Expert Guides

An Orlando Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Darla Ferrara
For many, Orlando is the place where you vacation, not live. However, this city, located in the central region of Florida, offers a vibrant tech community, plenty of outdoor activities, and some of the best schools in the country.

Your Guide to the Perfect Orlando Neighborhood for Student Renters
Written by: Darla Ferrara
There is never a dull moment in Orlando, Florida. Along with top-tier universities, technical schools, and local colleges, there are world-class entertainment venues, the ocean within driving distance, and lots of sunshine.

Unlock Your Orlando Commute: An Expert Guide to Ideal Neighborhoods Near Major Local Employers
Written by: Darla Ferrara
When I first moved to Orlando, Florida, in the 1990s, one of the things that drew me here was the remarkably low unemployment rates. There was a job for everyone. Two decades later, that fundamental appeal remains.

The Soul of the City Beautiful: What Life in Orlando Is Really Like
Written by: Darla Ferrara
When people think of Orlando, Florida, they dream of theme parks and sunny weather, and rightfully so. It’s that energy that keeps this city a mainstay in the global tourist industry.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
