Rents are 10% below what Oviedo's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,133 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Oviedo, FL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 55.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Oviedo, FL has changed in 5 years
Compared with 2021, rent in Oviedo, FL has increased by $522 per month, settling near $2,133 after starting the period at $1,611. Median household income grew from $103,882 to $117,070 between 2021 and 2024, a 12.7% shift. Rent outpaced income growth by roughly 19.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 39,405 to 40,599 between 2021 and 2024, a 3.0% change. About 23.3% of households rent today, against 21.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 53.5% to 55.5%. Taken together, the five-year picture in Oviedo, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Oviedo on your salary?
At $2,133/mo, how Oviedo rent compares to typical pay (30% rule).
Oviedo rent by bedroom count
Median rent for each apartment size in Oviedo. Click any size for full breakdown.
Tips for renters in Oviedo
Last updated: August 17, 2026
The median rent in Oviedo is $2,133/mo as of August 2026. A studio apartment averages $2,090/mo while a 2-bedroom runs $2,500/mo. One-bedroom apartments average $2,205/mo and 3-bedroom units go for $3,170/mo.
At 22% of local median household income ($117,070/yr), Oviedo ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.5% over the past year.
Frequently asked questions
Is Oviedo an affordable city for renters?
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How does Oviedo rent compare to other cities in Florida?
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What percentage of Oviedo residents rent vs. own?
How does Oviedo rent compare to the national average?
At $2,133/mo, rent takes ~22% of Oviedo's median household income ($117,070/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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