
Cheap Homes for Rent in Oviedo, FL from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Oviedo.


1824 Lake St

14613 Kristenright Ln

2155 Alafaya Trail

4047 Stonefield Dr
Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities
Why fight Orlando's tourist traffic when you don't have to? Explore the best cities surrounding Orlando for renters, with expert tips on commuting, lifestyle, hidden costs, and where to find the most value.

1824 Lake St

14503 Kristenright LN, Unit Bedroom #1

1824 Lake St

1909 Summer Club Dr, Unit 209

147 Dalton Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1218 La Mesa Ave

1949 Summer Club Dr

112 Reserve Cir

609 Casa Park A Ct

601 Casa Park N Ct
The Soul of the City Beautiful: What Life in Orlando Is Really Like
Orlando is much more than theme parks. Uncover the city's rich history, diverse neighborhoods like Winter Park and Downtown, and its bustling cultural and culinary life.

1824 Lake St, Unit 3
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 | $1,983 | $1,600 | $2,900 |
| Oviedo 3 Bedroom Homes for Rent | $2,323 | $1,200 | $2,900 |
| Oviedo 4 Bedroom Homes for Rent | $2,807 | $2,170 | $3,995 |
| Oviedo 5 Bedroom Homes for Rent | $3,193 | $2,449 | $3,995 |
Browse Top Homes for Rent in Oviedo
Explore Oviedo
Oviedo, FL Local Guide
- Oviedo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Oviedo, FL
Pricing Updated: 08/20/2026Current apartment rentals in the Oviedo, FL area range in price from $1,199 to $4,085 with an overall median price of $2,021. 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 | $2,021 | $1,199 | 81 |
Cheapest Available Oviedo Apartments for Rent
 The cheapest available apartment rental in Oviedo, FL is a 3 Beds unit found at Northgate Lakes in the The Villages of Camelot neighborhood priced from $1,035. The Station Alafaya in the The Villages of Camelot neighborhood has the second lowest priced unit, which is a 4 Beds 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 |
|---|---|---|---|
| Northgate Lakes | 3x3 | 3BR,3BA | $1,035 |
| The Station Alafaya | Lumpkin A -4x4 | 4BR,4BA | $1,095 |
| Enclave at Alafaya | Two Bedroom Two Bath (b) | 2BR,2BA | $1,317 |
| Trails at Loma | One Bedroom One Bath | 1BR,1BA | $1,349 |
| Alafaya Woods | Azalea | 2BR,2BA | $1,399 |
Best Value Apartments for Rent in Oviedo, FL
As of August 20, 2026 the best value apartment in the Oviedo area is the $0.66 price per square foot Lumpkin B Furnished-4x4.5 Model at The Station Alafaya in the in the The Villages of Camelot neighborhood starting from $1,220. The second greatest value Oviedo apartment is the Fieldstone Model at Promenade at Aloma Apartments starting at $2,004 with a $1.58 price per square foot in the The Villages of Camelot 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 | Lumpkin B Furnished-4x4.5 | 4BR,4.5BA | $0.66 |
| Promenade at Aloma Apartments | Fieldstone | 3BR,2BA | $1.58 |
| Oviedo Town Centre | Three Bedroom Two Bath (b) | 3BR,2BA | $1.40 |
| Northgate Lakes | 3x3 | 3BR,3BA | $0.88 |
| Mystic Cove | Three Bedroom Two Bath | 3BR,2BA | $1.33 |
| Legends Winter Springs | Magnolia | 2BR,2BA | $1.48 |
| Alafaya Woods | Azalea | 2BR,2BA | $1.27 |
| Elmhurst Village | Lexington | 2BR,2BA | $1.69 |
| Grandeville at RiverPlace | Addison - Premium Plus | 1BR,1BA | $1.70 |
| Trails at Loma | One Bedroom One Bath | 1BR,1BA | $1.66 |
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 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 ArticleReal 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.
Best Local Schools in Oviedo, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oviedo, FL Rentals by Map
See the most popular apartments and homes in Oviedo, FL
Frequently Asked Questions about Oviedo
What type of rentals are currently available in Oviedo?
There are currently 40 Apartments for Rent in Oviedo, FL with pricing that ranges from $814 to $4,085. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oviedo ranging from $700 to $3,995.
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 $700 to $3,995 with an average monthly rent of $2,286.
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 $845 to $4,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,170 and Four Bedroom Apartments start at $814.
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

Where Orlando Locals Actually Live: A Renter's Guide to the Surrounding Cities
Written by: Darla Ferrara
When people think of Orlando, FL, the iconic theme parks and buzz of downtown tend to steal the spotlight.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.