Low Income Apartments and Affordable Housing For Rent in Oviedo, FL

Discover affordable housing in Oviedo where there are 49+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

4761 Sternwheeler Ln

4761 Sternwheeler Ln, Oviedo, Florida 32765

bed 4
payment $2800/mo.

1950 Summer Club Dr Unit 202

1950 Summer Club Dr Unit 202, Oviedo, Florida 32765

bed 3
payment $2100/mo.

1023 Bartlett Ct

1023 Bartlett Ct, Oviedo, Florida 32765

bed 3
payment $2280/mo.

1125 Geneva Dr

1125 Geneva Dr, Oviedo, Florida 32765

bed 3
payment $2075/mo.

5204 Hidden Cypress Ln

5204 Hidden Cypress Ln, Oviedo, Florida 32765

bed 3
payment $2250/mo.

Mystic Cove

2780 Mystic Lake Dr, Oviedo, Florida 32765

switch_access_shortcut Short Wait
accessibility Accessible

Loma Vista

5200 Loma Vista Cir, Oviedo, Florida 32765

accessibility Accessible

Barrington Place Apartments

2734 Chaddsford Cir, Oviedo, Florida 32765

switch_access_shortcut Short Wait
accessibility Accessible

Academy Place Villas

251 Academy Ave, Oviedo, Florida 32765

payment Subsidized

How To Identify Affordable Housing in Oviedo, Florida

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Oviedo, Florida
$35.17/hour
$23.17 (+193%) more than Florida minimum wage and $27.92 (+385%) more than the Federal minimum wage.
Learn More About Oviedo, Florida Affordable Housing ↓

What HUD offices serve Oviedo, Florida?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Oviedo, Florida.

Go to the Florida Public Housing and Low-Income Apartments Waiting Lists page for openings near Oviedo.

How many renters live in Oviedo, Florida?

The City of Oviedo has people living in households.

There are renters living in renter households in this City. Renters make up 19.76 percent of the population living in Oviedo.

What is the rental market like in Oviedo, Florida?

There are an estimated housing units in the Oviedo area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Oviedo, Florida, there are 1.08 rental units.

What is the vacancy rate for rentals in Oviedo?

The rental vacancy rate in Oviedo is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Oviedo for each bedroom size?

Occupied Rental Units by Size in Oviedo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 260 860 940 428
Occupied Rental Units by Size in Oviedo

A large number of apartments in Oviedo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Oviedo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,558 to $2,849. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,558
One BR $1,638
Two BR $1,857
Three BR $2,362
Four BR $2,849
2024 Fair Market Rents in Oviedo, Florida

How many units are rented at Fair Market Rent (FMR) in Oviedo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
One BR 100 38 percent
Two BR 151 18 percent
Rental Units Below FMR in Oviedo, Florida

How many affordable rental units are in Oviedo?

There are a variety of federal affordable housing programs serving households in Oviedo, Florida including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Tracked Units by Federal Program in Oviedo, Florida

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Oviedo, Florida

Oviedo features 30 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Oviedo, Florida

There are 997 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oviedo.

Housing Choice Vouchers in Oviedo, Florida

On average, Section 8 Housing Choice vouchers pay Oviedo landlords $1,300 per month towards rent. The average voucher holder contributes $600 towards rent in Oviedo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oviedo, Florida for a two-bedroom apartment is between $1,671 and $2,043.

Sourced from federal housing data and AffordableHousingOnline.com research.

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