29 Apartments under 1000 for rent in Oviedo, FL

Last updated August 18 at 6:11am UTC
1949 Summer Club Dr. #307
Oviedo
Oviedo, FL
Updated August 15 at 11:22am UTC
1 Bedroom
$950
Results within 5 miles of Oviedo, FL
3740 IDLEBROOK CIRCLE
Casselberry
Casselberry, FL
Updated August 16 at 10:38am UTC
1 Bedroom
$975
2550 N Alafaya Trl #6111
Morningside
Orlando, FL
Updated August 14 at 9:50am UTC
1 Bedroom
$900
Pine Harbour
10600 Bloomfield Dr
Orlando, FL
Updated August 18 at 3:24am UTC
1 Bedroom
$960
2 Bedrooms
$1,370
3 Bedrooms
$1,610
Results within 10 miles of Oviedo, FL
Sanford Court Apartments
3291 S Sanford Ave
Sanford, FL
Updated August 13 at 6:52pm UTC
Studio
$799
1 Bedroom
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2 Bedrooms
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Aqua Links
2450 Hartwell Ave
Sanford, FL
Updated August 18 at 3:24am UTC
2 Bedrooms
$950
3 Bedrooms
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460 IRIS ROAD
Casselberry
Casselberry, FL
Updated August 18 at 3:16am UTC
1 Bedroom
$800
460 Iris Road
Casselberry
Casselberry, FL
Updated August 17 at 9:50am UTC
2 Bedrooms
$800
200 Maitland Ave, #93
Altamonte Springs
Altamonte Springs, FL
Updated August 16 at 10:19am UTC
1 Bedroom
$925
2517 Caper Lane #207
Maitland
Maitland, FL
Updated August 16 at 10:13am UTC
1 Bedroom
$850
2145 FONTEBRANDA LOOP
Casselberry
Casselberry, FL
Updated August 8 at 11:01pm UTC
1 Bedroom
$950
1321 Elliott St.
Sanford
Sanford, FL
Updated August 8 at 9:46am UTC
3 Bedrooms
$999
212 Orienta Point Street #212
Altamonte Springs
Altamonte Springs, FL
Updated August 15 at 11:14am UTC
1 Bedroom
$875
2827 Coral Reef Dr
Orlando
Orlando, FL
Updated August 17 at 5:21pm UTC
2 Bedrooms
$995
2550 N Alafaya Trail
Morningside
Orlando, FL
Updated August 8 at 5:20pm UTC
1 Bedroom
$899
3772 IDLEBROOK CIRCLE, #112
Casselberry
Casselberry, FL
Updated July 17 at 9:27am UTC
1 Bedroom
$925
2569 Grassy Point Dr
Lake Mary
Lake Mary, FL
Updated August 17 at 5:20pm UTC
1 Bedroom
$899

August 2018 Oviedo Rent Report

Welcome to the August 2018 Oviedo Rent Report. Oviedo rents declined over the past month. In this report, we'll evaluate trends in the Oviedo rental market, including comparisons to cities throughout the metro, state, and nation.

View full Oviedo Rent Report
Rent Report
Oviedo

August 2018 Oviedo Rent Report

Welcome to the August 2018 Oviedo Rent Report. Oviedo rents declined over the past month. In this report, we'll evaluate trends in the Oviedo rental market, including comparisons to cities throughout the metro, state, and nation.

Oviedo rents declined significantly over the past month

Oviedo rents have declined 0.5% over the past month, but are up moderately by 2.5% in comparison to the same time last year. Currently, median rents in Oviedo stand at $1,290 for a one-bedroom apartment and $1,540 for a two-bedroom. Oviedo's year-over-year rent growth leads the state average of 2.1%, as well as the national average of 1.2%.

Rents rising across the Orlando Metro

Throughout the past year, rent increases have been occurring not just in the city of Oviedo, but across the entire metro. Of the largest 10 cities that we have data for in the Orlando metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Winter Park has seen the fastest rent growth in the metro, with a year-over-year increase of 8.2%. The median two-bedroom there costs $1,260, while one-bedrooms go for $1,050.
  • Over the past month, Winter Garden has seen the biggest rent drop in the metro, with a decline of 0.8%. Median two-bedrooms there cost $1,240, while one-bedrooms go for $1,040.
  • Sanford has the least expensive rents in the Orlando metro, with a two-bedroom median of $1,140; rents were up 0.4% over the past month and 1.9% over the past year.
  • Oviedo has the most expensive rents of the largest cities in the Orlando metro, with a two-bedroom median of $1,540; rents decreased 0.5% over the past month but were up 2.5% over the past year.

Many large cities nationwide show more affordable rents compared to Oviedo

As rents have increased moderately in Oviedo, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Oviedo is less affordable for renters.

  • Rents increased moderately in other cities across the state, with Florida as a whole logging rent growth of 2.1% over the past year. For example, rents have grown by 2.3% in Jacksonville and 0.9% in Miami.
  • Oviedo's median two-bedroom rent of $1,540 is above the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.5% rise in Oviedo.
  • While Oviedo's rents rose moderately over the past year, the city of Nashville saw a decrease of 0.1%.
  • Renters will generally find more expensive prices in Oviedo than most large cities. For example, Houston has a median 2BR rent of $1,030, where Oviedo is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Orlando $1,070 $1,280 0.4% 5.9%
Kissimmee $1,020 $1,220 -0.4% 3.7%
Sanford $950 $1,140 0.4% 1.9%
Apopka $970 $1,170 -0.0% 1.1%
Altamonte Springs $1,050 $1,250 0.4% 4.6%
Winter Garden $1,040 $1,240 -0.8% 3.6%
Oviedo $1,290 $1,540 -0.5% 2.5%
Winter Springs $1,070 $1,290 0.1% 1.3%
Winter Park $1,050 $1,260 1.3% 8.2%
Casselberry $1,060 $1,270 -0.3% 4.0%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.