
Cheap Homes for Rent in East Lyme, CT from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.


24 Hartford Rd

7 Griswold Ct

640 Williams St

42 Sea Breeze Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

73 Horse Pond Rd

7 Lyme St

48 Swan Ave

1580 Hartford-New London Turnpike, Unit 2L

39 Brockett Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.
East Lyme, CT Local Guide

How much does it cost to rent a home in East Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Lyme 2 Bedroom Homes for Rent | $2,542 | $1,650 | $3,500 |
| East Lyme 3 Bedroom Homes for Rent | $3,162 | $2,000 | $7,500 |
| East Lyme 4 Bedroom Homes for Rent | $6,450 | $1,750 | $10,000+ |
| East Lyme 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
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East Lyme, CT Local Guide
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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. 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 |
Best Value Apartments for Rent in East Lyme, CT
As of July 26, 2026 the best value apartment in the East Lyme area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value East Lyme apartment is the Sailfish Model at The Edgewater starting at $2,830 with a $1.99 price per square foot in the South Lyme 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. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| The Edgewater | Sailfish | 2BR,1.5BA | $1.99 |
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Monte Cristo Building | Studio | Studio ,1BA | $1.76 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
The 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.
Best Local Schools in East Lyme, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about East Lyme
What type of rentals are currently available in East Lyme?
There are currently 73 Apartments for Rent in East Lyme, CT with pricing that ranges from $1,000 to $4,747. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,495 to $40,000.
What is the current price range for Rental Homes in East Lyme?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lyme ranges from $1,495 to $40,000 with an average monthly rent of $3,180.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.