Cheap Homes for Rent in East Lyme, CT from $1,800 (8 Rentals)

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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.

property at 22 Bush Hill Dr

22 Bush Hill Dr

NianticCT06357

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

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

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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsCape Townhouse2BR,2BA$2.18
The EdgewaterSailfish2BR,1.5BA$1.90
Bayonet Street ApartmentsTwo Bed Large2BR,2BA$1.86
Pleasant Valley ApartmentsOne Bedroom Unit 21BR,1BA$2.36
Groton Townhouse ApartmentsTwo Bedroom - Renovated2BR,1BA$2.46
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.17
Eagle PointeTWO BEDROOM2BR,1BA$2.12
Peppertree Apartments1 Bedroom 1 Bathroom1BR,1BA$2.11
Gull Harbor Apartments1 BEDROOM1BR,1BA$2.54
Oxoboxo Lofts1 Bedroom1BR,1BA$1.60

Quick Rent Budget Calculator

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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.

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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.

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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.

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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.