You could use an OLED display then. Monochrome ones can be accessed via OSC with O2O.
If you send three floats to the /parameter path these get displayed as bars of variable width which can work as vumeters. It can be modified and extended to display more.
OSC is compact enough that it won't become your bottleneck. Just make sure you send data slow enough (e.g.: 20 or 30 times per second) that the display can keep up.