Cost of Living in Oviedo, FL
Population: 39,990 • 2026 Data
$114,092
Median Household Income
+47% vs national
$1,963
Median Monthly Rent
+46% vs national
$428,500
Median Home Value
+26% vs national
4.6%
Unemployment Rate
Housing in Oviedo
The median home value in Oviedo, FL is $428,500. Monthly rent for a typical unit averages $1,963, while total monthly housing costs (including utilities and insurance) average $1,942.
Rent-to-income ratio: 20.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Oviedo, FL is $114,092. The unemployment rate stands at 4.6%, with a labor force of 21,515 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.