Oviedo, Florida Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Oviedo, Florida rental market.
Oviedo, Florida
Average Apartment Rent
$2,209
Y-o-Y Change in Average
Apartment Rent
1%
As of May 2026
Compared to a year ago, Oviedo, Florida apartments have recorded a 1% rent increase.
Oviedo, Florida Average apartment rent trend
Oviedo, Florida Average Apartment Rent
Oviedo, Florida Apartment rent ranges
At 52.4%, apartments priced $1,500 - $2,000 represent the bulk of Oviedo, Florida rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 3.09%.
Oviedo, Florida Housing tenure**
Renters take up 21% of Oviedo, Florida real estate, occupying a total of 2,711 units, while homeowners live in 10,214 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$87,962
Average household size of renter-occupied housing units**
2.88
Rental vacancy rate**
7.4%
Oviedo, Florida Renter-occupied housing units by no. of bedrooms**
There are 940 rentals in Oviedo, Florida with 3 beds making up the highest share of the market, at 35%. Units with 5 or more beds, on the other hand, hold the lowest percentage (8%), amounting to 223 units. Overall, the median number of rooms in Oviedo, Florida homes for rent is 5.1.
Oviedo, Florida Renter-occupied units by age of householder**
Most condos for rent in Oviedo, Florida are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 45 - 54 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Oviedo, Florida Renter-occupied housing units by family type**
Oviedo, Florida Renter-occupied housing units by the presence of own children**
A total of 1,940 apartments for rent in Oviedo, Florida, or 72% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 1,180 units. All in all, the median size of a renter-occupied household in Oviedo, Florida is 2.88.
Oviedo, Florida Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Oviedo, Florida.
Oviedo, Florida Renter-occupied units by year structure built**
The highest share of Oviedo, Florida apartment rentals, namely 25% or 684 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (23%, 633 units), and the ones Built 1980 - 1989 (20%, 546 units).
Oviedo, Florida Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Oviedo, Florida renters (50%) moved in 2010 to 2017, while only 4% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Oviedo, Florida condos for rent is 2017.
Oviedo, Florida Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Oviedo, Florida renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 12% have 3 vehicles available.
Oviedo, Florida Means of transportation to work of householders living in renter-occupied housing units**
Oviedo, Florida Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Oviedo, Florida apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
