Show envy oddly in French street (5)
I believe the answer is:
revue
'show' is the definition.
(revue is a kind of show)
'envy oddly in french street' is the wordplay.
'oddly' means one should take alternating letters.
'in' indicates putting letters inside.
'french street' becomes 'rue' (French for street or road).
The alternate letters of 'envy' are 'ev'.
'ev' put within 'rue' is 'REVUE'.
(Other definitions for revue that I've seen before include "Topical variety show" , "Theatrical show" , "Light theatrical entertainment" , "Song and dance entertainment" , "Variety show with mixed entertainments" .)