Cheap Homes for Rent in East Lyme, CT from $1,600 (14 Rentals)

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

property at 83 Horse Pond Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

83 Horse Pond Rd

SalemCT06420
property at 14 High St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

14 High St

East LymeCT06357
property at 11 King Arthur Dr

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

11 King Arthur Dr

East LymeCT06357
property at 6 10th Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1.5 Bath Home for Rent

Available Now

6 10th Ave

WaterfordCT06385

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 76 S Edgewood Rd

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Jan 4, 2026

76 S Edgewood Rd

East LymeCT06357
property at 22 Luce Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 1 Bath Home for Rent

Available Now

22 Luce Ave

East LymeCT06357
property at 68 S Edgewood Rd

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

68 S Edgewood Rd

East LymeCT06357
property at 310 Boston Post Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

310 Boston Post Rd

WaterfordCT06385
property at 155 Flanders Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 2 Bath Home for Rent

Available Now

155 Flanders Rd

East LymeCT06357
property at 49 Indianola Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1.5 Bath Home for Rent

Available Now

49 Indianola Rd

East LymeCT06357
property at 34 Brightwater Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1 Bath Home for Rent

Available Now

34 Brightwater Rd

East LymeCT06357

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.

East Lyme, CT Local Guide

Cheapest Available East Lyme Apartments for Rent

 

The cheapest available apartment rental in East Lyme, CT is a 2 Beds unit found at Crocker House priced from $1,100. Morton House in the Southwest New London Lyme neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable East Lyme apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio2BR,2BA$1,100
Morton HouseEfficiency1BR,1BA$1,200
Villages at Shore LandingCoveStudio,1BA$1,290
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1,300
Highland ApartmentsOne BedroomStudio,1BA$1,350

Best Value Apartments for Rent in East Lyme, CT

As of December 25, 2025 the best value apartment in the East Lyme area is the $2.19 price per square foot Driftwood Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,165. The second greatest value East Lyme apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $1.92 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 CommonsDriftwood Townhouse2BR,2BA$2.19
The EdgewaterSailfish 22BR,2BA$1.92
19 Church Ln, Unit A19 Church Ln3BR,1.5BA$1.58
Groton TowersBoston2BR,1BA$2.03
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.44
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Riverbank Luxury Apartments1 Bed1BR,1BA$2.30
283 Boston Post Rd, Unit 5283 Boston Post Rd1BR,1BA$2.43
Faire Harbour LandingsOne Bedroom Apartment1BR,1BA$2.23
Courtview Square ApartmentsA11BR,1BA$2.34

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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
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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.

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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 72 Apartments for Rent in East Lyme, CT with pricing that ranges from $905 to $4,412. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,600 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 $1,600 to $40,000 with an average monthly rent of $3,819.

How much are larger Three and Four Bedroom Rentals in East Lyme?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lyme range from $1,900 to $3,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $3,000.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!