How much does it cost to rent in Oviedo, FL?

As of July 2026, the median monthly rent in Oviedo, FL is $2,169. This figure is based on aggregated data from public sources and community-submitted rents.

Is Oviedo cheaper than other Florida cities?

Oviedo falls in the middle range for Florida, ranking #135 out of 288 cities at $2,169/mo.

When was Oviedo rent data last updated?

Oviedo rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · FL

Oviedo

Name: Average Rent Prices in Oviedo, FL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 40,599·135th most expensive in Florida·Oviedo rents are up 7.8% over the past year

Median rent (all units)

$2,169/mo

Year-over-Year

+7.8%

Month-over-Month

+0.7%

vs US Median

+$204

Rising (Monthly)

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Most AffordableMost Expensive

Oviedo · $2,169

More expensive than 68% of US cities · National median $1,965/mo

Rent Reality Score

66/100

Good value

OverheatedFairGreat value

Rents are 8% below what Oviedo's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$2,169/mo

Expected by trend

$2,361/mo

The Rent Reality Score compares today's median rent to where Oviedo's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$2,090

1 BR

$2,205

2 BR

$2,500

3 BR

$3,170

4 BR+

$3,780

Research median

$2,500/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$26,028/yr

At $2,169/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 7.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+7.8% YoY, +0.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

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.

Population

40,599

Median income

$117,070

Median age

37.6

Renters

23.3%

Age distribution

25.5%

20.8%

29.2%

13.4%

Under 1825.5%

18–3420.8%

35–5429.2%

55–6413.4%

65+11.1%

Gender

49%

51%

Male49%

Female51%

Race & ethnicity

62.7%

23.4%

White62.7%

Black8.5%

Hispanic23.4%

Asian6.6%

Education (25+)

13.2%

27.1%

55.5%

No HS diploma4.2%

HS diploma13.2%

Some college27.1%

Bachelor's+55.5%

Housing tenure

76.7%

23.3%

Owner76.7%

Renter23.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Oviedo, FL has changed in 5 years

Rent

$1,611 → $2,169

up 34.6%

Income

$103,882 → $117,070

up 12.7%

Population

39,405 → 40,599

up 3.0%

Renter share

21.4% → 23.3%

+1.9 pts

Bachelor's+

53.5% → 55.5%

+2.0 pts

Median age

36.7 → 37.6

+0.9 yrs

Compared with 2021, rent in Oviedo, FL has increased by $558 per month, settling near $2,169 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 21.9 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.

Community

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View Oviedo rent history (2015–2026) →

Salary vs rent

Can you afford rent in Oviedo on your salary?

At $2,169/mo, how Oviedo rent compares to typical pay (30% rule).

Registered Nurse

Avg $87,866/yr · Rent = 29.6% income

affordable

Elementary School Teacher

Avg $62,384/yr · Rent = 41.7% income

rent-burdened

Police Officer

Avg $71,861/yr · Rent = 36.2% income

stretched

Software Developer

Avg $128,442/yr · Rent = 20.3% income

affordable

Lawyer

Avg $164,117/yr · Rent = 15.9% income

very comfortable

Firefighter

Avg $58,413/yr · Rent = 44.6% income

rent-burdened

Truck Driver

Avg $52,740/yr · Rent = 49.4% income

rent-burdened

Electrician

Avg $65,007/yr · Rent = 40% income

rent-burdened

By apartment size

Oviedo rent by bedroom count

Median rent for each apartment size in Oviedo. Click any size for full breakdown.

Local insights

Tips for renters in Oviedo

About renting in Oviedo, FL

Last updated: July 20, 2026

The median rent in Oviedo is $2,169/mo as of July 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 7.8% over the past year.

FAQ

Frequently asked questions

Is Oviedo an affordable city for renters?

Oviedo is considered very affordable for renters. At $2,169/mo, rent takes approximately 22% of the local median household income ($117,070/yr). The standard benchmark is 30%. Oviedo falls comfortably within that range.

How much income do you need to rent in Oviedo?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,169/mo in Oviedo. The local median household income is $117,070/yr, meaning the typical Oviedo household meets that threshold.

Is rent going up or down in Oviedo?

Rent in Oviedo has increased 7.8% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Oviedo neighborhoods have the lowest rent?

The most affordable ZIP codes in Oviedo are 32765 ($2,139/mo), and 32766 ($3,006/mo). Citywide, the median rent in Oviedo is $2,169/mo.

How does Oviedo rent compare to other cities in Florida?

Oviedo is middle-of-the-pack for Florida for rent, ranking #135 out of 288 tracked cities at $2,169/mo.

Which nearby cities are cheaper to rent in than Oviedo?

Several nearby cities have lower median rents than Oviedo ($2,169/mo): Winter Park ($1,787/mo), Sanford ($1,837/mo), Casselberry ($1,891/mo).

What percentage of Oviedo residents rent vs. own?

According to Census data, approximately 23.3% of Oviedo households are renters, while 76.7% are owner-occupied. Oviedo leans toward homeownership, which can mean a smaller rental inventory.

How does Oviedo rent compare to the national average?

Oviedo's median rent of $2,169/mo is $204 (10%) above the US national median of $1,965/mo. Within Florida, it ranks #135 out of 288 tracked cities.

Income Affordability

22%

VERY AFFORDABLE

At $2,169/mo, rent takes ~22% of Oviedo's median household income ($117,070/yr). The standard benchmark is 30%.

Oviedo 22%Benchmark 30%

State income taxNone

Run the Oviedo affordability calculator →

Nearby cities