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Rental Market Trends in Oviedo, FL

What is the average rent in Oviedo, FL?

$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.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,702/month
795 Sq Ft
Two Bedroom
$1,908/month
1,124 Sq Ft
Three Bedroom
$2,256/month
1,325 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$875/month
89 Sq Ft
Three Bedroom
$2,261/month
1,424 Sq Ft
Four Bedroom
$3,493/month
2,653 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,634/month
989 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,560/month
1,751 Sq Ft

How much has average rent changed in Oviedo, FL?

In the past year, rent has increased by 0.1%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oviedo, FL
Last Updated March 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Oviedo, FL
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
44% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oviedo?

Based on current rent prices, Madison Creek, Downtown Oviedo and Lakes of Aloma are the most affordable neighborhoods in Oviedo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Madison Creek
$1,538/month
749 Sq Ft
Downtown Oviedo
$1,879/month
759 Sq Ft
Lakes of Aloma
$2,007/month
778 Sq Ft

What are the most expensive neighborhoods in Oviedo?

Based on current rent prices, Lakes of Aloma, Downtown Oviedo and Madison Creek are the most expensive neighborhoods in Oviedo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakes of Aloma
$2,007/month
778 Sq Ft
Downtown Oviedo
$1,879/month
759 Sq Ft
Madison Creek
$1,538/month
749 Sq Ft

Which Oviedo neighborhoods have the most rentals available?

The neighborhoods in Oviedo with the most apartments available are Downtown Oviedo, Madison Creek and Lakes of Aloma .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Oviedo
$1,879/month
759 Sq Ft
Madison Creek
$1,538/month
749 Sq Ft
Lakes of Aloma
$2,007/month
778 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Oviedo, FL?

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.

City

Oviedo, FL

434 Available Apartments for Rent

Search for Nearby Apartments

How does Oviedo, FL compare to other nearby cities and neighborhoods?

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.

Explore the Area Guide for Oviedo, FL

Apartment Averages

Madison Creek

Oviedo, FL

Lakes of Aloma

Oviedo, FL

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Winter Springs Average Rent
  • Casselberry Average Rent

Apartment communities in Oviedo we think you'll love

Dwell Oviedo

Dwell Oviedo

500 Sugar Mill Rd,
Oviedo, FL 32765

$1,815 - $3,050

1-3 Beds

Alafaya Woods

Alafaya Woods

407 Alafaya Woods Blvd,
Oviedo, FL 32765

$1,462 - $1,878

2-3 Beds

Oviedo Grove

Oviedo Grove

1600 Oviedo Grove Cir,
Oviedo, FL 32765

$1,675 - $3,653

1-3 Beds

Grandeville at RiverPlace

Grandeville at RiverPlace

2980 Grandeville Cir,
Oviedo, FL 32765

$1,574 - $3,491

1-4 Beds

Property Management Companies in Oviedo, FL

BH
BH
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  • 85,901

    Units

  • 169

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2 Communities in Oviedo
ConcordRENTS
ConcordRENTS
  • 57

    Communities

  • 9,186

    Units

  • 29

    Cities

2 Communities in Oviedo
Greystar
Greystar
  • 3,469

    Communities

  • 955,410

    Units

  • 894

    Cities

1 Community in Oviedo
Cushman & Wakefield
Cushman & Wakefield
  • 459

    Communities

  • 108,509

    Units

  • 230

    Cities

1 Community in Oviedo
UDR
UDR
  • 170

    Communities

  • 58,994

    Units

  • 85

    Cities

1 Community in Oviedo
Two Coast Living
Two Coast Living
  • 90

    Communities

  • 27,655

    Units

  • 77

    Cities

1 Community in Oviedo
Yugo
Yugo
  • 51

    Communities

  • 10,995

    Units

  • 41

    Cities

1 Community in Oviedo
Landmark Properties
Landmark Properties
  • 45

    Communities

  • 8,900

    Units

  • 28

    Cities

1 Community in Oviedo

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United States Florida Oviedo Rental Trends

Methodology

† 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.

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Equal Housing Opportunity