Cheap Homes for Rent in East Lyme, CT from $1,400 (7 Rentals)

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

property at 53 Sea Spray Rd
$1,400

Total Monthly Price

Base Rent$1,400

Total Monthly Price$1,400
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

53 Sea Spray Rd

Old LymeCT06371
property at 11 Woodland Dr
$1,495

Total Monthly Price

Base Rent$1,495

Total Monthly Price$1,495
1 Bedroom, 1 Bath Home for Rent
Available Now

11 Woodland Dr

WaterfordCT06385
property at 48 Swan Ave
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
12 Month Lease Term
Studio, 1 Bath Home for Rent
Available Now

48 Swan Ave

Old LymeCT06371

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property at 8 Oak Tree Ln
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

8 Oak Tree Ln

LymeCT06371
property at 10 Hilltop Rd
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

10 Hilltop Rd

East LymeCT06357
property at 163 Pennsylvania Ave
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
2 Bedroom, 1.5 Bath Home for Rent
Available Now

163 Pennsylvania Ave

East LymeCT06357

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property at 7 Central Ave
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

7 Central Ave

NianticCT06357

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 Village Apartments in the Northeast New London Norwich neighborhood priced from $1,000. Crocker House in the New London neighborhood has the second lowest priced unit, which is a 2 Beds 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
Village Apartments1 Bedroom / 1 Bath1BR,1BA$1,000
Crocker HouseStudio2BR,2BA$1,100
Oxoboxo Lofts1 Bedroom1BR,1BA$1,136

Best Value Apartments for Rent in East Lyme, CT

As of September 10, 2026 the best value apartment in the East Lyme area is the $1.95 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,815. The second greatest value East Lyme apartment is the Sailfish Model at The Edgewater starting at $2,835 with a $2.00 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 CommonsAnchor Townhome3BR,2.5BA$1.95
The EdgewaterSailfish2BR,1.5BA$2.00
Country Glen Apartments3 Bedroom 2 Bathroom3BR,2BA$2.04
Brookside Commons2 bedroom - 80%2BR,1.5BA$1.73
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
Bayonet Street ApartmentsBayo II - Two Bed Two Bath2BR,2BA$1.69
Village Apartments2 Bedroom / 1 Bath2BR,1BA$1.44
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Eagle PointeTWO BEDROOM2BR,1BA$2.16
Monte Cristo BuildingStudioStudio ,1BA$2.07

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 74 Apartments for Rent in East Lyme, CT with pricing that ranges from $1,000 to $4,928. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,400 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 $1,400 to $40,000 with an average monthly rent of $4,138.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

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.