Dwell Oviedo
500 Sugar Mill Rd,
Oviedo, FL 32765
$1,815 - $3,050
1-3 Beds
$1,702/month
Average Rent
795 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
As of March 2026, the average rent in Oviedo, FL is $1,702 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Oviedo rent prices are 5% higher than the national average. When you rent an apartment in Oviedo, you can expect to pay about per month for a studio, $1,702 for a one-bedroom apartment, and around $1,908 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,256 or more.
In the past year, rent has increased by 0.1%, which averages out to $3 more per month.
Based on current rent prices, Madison Creek, Downtown Oviedo and Lakes of Aloma are the most affordable neighborhoods in Oviedo.
Based on current rent prices, Lakes of Aloma, Downtown Oviedo and Madison Creek are the most expensive neighborhoods in Oviedo.
The neighborhoods in Oviedo with the most apartments available are Downtown Oviedo, Madison Creek and Lakes of Aloma .
Because the average rent in Oviedo is $1,702, you’ll want to make about $5,673 per month or $68,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Use the tool below to compare Oviedo, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.