
Cheap Homes for Rent in East Lyme, CT from $1,800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.


48 Swan Ave

159 Boston Post Rd

81 E Pattagansett Rd
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.

42 Sea Breeze Ave

5 Meriden Rd

22 Bush Hill Dr

38 Millstone Rd W
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.
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 | $2,749 | $1,850 | $5,000 |
East Lyme 3 Bedroom Homes for Rent | $2,829 | $2,250 | $3,500 |
East Lyme 4 Bedroom Homes for Rent | $9,476 | $2,200 | $10,000+ |
East Lyme 5 Bedroom Homes for Rent | $5,750 | $5,000 | $6,500 |
Browse Top Homes for Rent in East Lyme
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
Crocker House | Studio | 1BR,1BA | $1,100 |
Morton House | Efficiency | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in East Lyme, CT
As of May 28, 2025 the best value apartment in the East Lyme area is the $2.18 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,325. The second greatest value East Lyme apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.90 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. |
---|---|---|---|
The Cove at Gateway Commons | Cape Townhouse | 2BR,2BA | $2.18 |
The Edgewater | Sailfish | 2BR,1.5BA | $1.90 |
Bayonet Street Apartments | Two Bed Large | 2BR,2BA | $1.86 |
Pleasant Valley Apartments | One Bedroom Unit 2 | 1BR,1BA | $2.36 |
Groton Townhouse Apartments | Two Bedroom - Renovated | 2BR,1BA | $2.46 |
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.17 |
Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.12 |
Peppertree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.11 |
Gull Harbor Apartments | 1 BEDROOM | 1BR,1BA | $2.54 |
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1.60 |
Quick 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.
Frequently Asked Questions about East Lyme
What type of rentals are currently available in East Lyme?
There are currently 66 Apartments for Rent in East Lyme, CT with pricing that ranges from $905 to $3,795. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,850 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 $1,850 to $40,000 with an average monthly rent of $4,225.
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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.