Cheap Apartments for Rent in East Lyme, CT from $900 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in East Lyme.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
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Brookside Commons
1 Bedroom Apartments

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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120 Broad St
Studio to 3 Bedroom Apartments

120 Broad St

120 Broad StNew London, CT 06320
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East Lyme, CT Local Guide

Cheapest Available East Lyme Apartments for Rent

 

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. Crocker House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable East Lyme apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oxoboxo Lofts1 Bedroom1BR,1BA$922
Crocker HouseStudio1BR,1BA$1,100
Morton HouseEfficiency1BR,1BA$1,200
Villages at Shore LandingCoveStudio,1BA$1,250
Highland ApartmentsOne BedroomStudio,1BA$1,350

Best Value Apartments for Rent in East Lyme, CT

As of July 30, 2025 the best value apartment in the East Lyme area is the $2.19 price per square foot Atlantic Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $2,495. The second greatest value East Lyme apartment is the Three Bedroom Apartment Model at Faire Harbour Landings starting at $2,000 with a $1.84 price per square foot . Here is today’s list of the best values for East Lyme apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsAtlantic Townhouse1BR,1BA$2.19
Faire Harbour LandingsThree Bedroom Apartment3BR,1.5BA$1.84
Groton TownhomesRenovated Townhouse - 2 Bedroom2BR,1BA$2.46
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.50
Nutmeg WoodsThe Cedar2BR,1BA$2.46
ReNew GrotonBerkley2BR,1BA$2.16
ReNew Washington ParkAsheville1BR,1BA$2.32
Eagle PointeONE BEDROOM1BR,1BA$2.49
Oxoboxo Lofts1 Bedroom1BR,1BA$1.67
Highland ApartmentsOne BedroomStudio ,1BA$2.53

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Best Local Schools in
East Lyme, CT

School data provided by Great Schools

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Getting Around East Lyme, CT

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap East Lyme Apartments

What is the Cheapest Studio apartment in East Lyme?

Currently the most affordable Cheap Studio Apartment in East Lyme is at Villages at Shore Landing listed at $1,250.

How much is rent for a Cheap One Bedroom East Lyme Apartment?

The lowest price for a Cheap One Bedroom East Lyme Apartment is $922 at Oxoboxo Lofts.

What is the lowest price for a Cheap Two Bedroom East Lyme Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Lyme is starting from $1,084 at Oxoboxo Lofts.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.