Search the lowest-cost Apartments available for rent right now in East Lyme.
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap East Lyme Studio Apartments | $1,762 | $1,284 | $2,334 |
| Cheap East Lyme 1 Bedroom Apartments | $2,085 | $1,000 | $3,844 |
| Cheap East Lyme 2 Bedroom Apartments | $2,501 | $1,200 | $4,724 |
| Cheap East Lyme 3 Bedroom Apartments | $3,051 | $1,400 | $3,815 |
The cheapest available apartment rental in East Lyme, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Village Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable East Lyme apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
| Village Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,000 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Monte Cristo Building | Studio | Studio,1BA | $1,350 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,421 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Vessel - Bank Street | One Bedroom One Bath | 1BR,1BA | $1,660 |
| Harbor View | Studio | Studio,1BA | $1,695 |
As of August 23, 2026 the best value apartment in the East Lyme area is the $1.70 price per square foot Whaler Model at The Edgewater in the in the South Lyme neighborhood starting from $3,535. The second greatest value East Lyme apartment is the Townhouse Model at 120 Broad St starting at $2,650 with a $1.76 price per square foot in the New London neighborhood. Here is today’s list of the best values for East Lyme apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Edgewater | Whaler | 3BR,2.5BA | $1.70 |
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| Country Glen Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.03 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Central @ Waterford Woods | Work Force Housing - 80% 2BD/2BA - Oak Grove | 2BR,2BA | $1.92 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleFrom the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleThe common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in East Lyme, CT
Currently the most affordable Cheap Studio Apartment in East Lyme is at Monte Cristo Building listed at $1,350.
The lowest price for a Cheap One Bedroom East Lyme Apartment is $922 at Oxoboxo Lofts.
Today's best deal for a Cheap Two Bedroom Apartment in East Lyme is starting from $1,100 at Crocker House.
The best deal on a cheap East Lyme Three Bedroom Apartment rental is at Pride Point and Progress Point and starts from $1,400.
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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