Cheap Homes for Rent in East Lyme, CT from $1,400 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 11 Woodland Dr

$1,495

Total Monthly Price

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 24 Hartford Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

24 Hartford Rd

SalemCT06420
property at 7 Griswold Ct

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

7 Griswold Ct

New LondonCT06320
property at 640 Williams St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

640 Williams St

New LondonCT06320
property at 42 Sea Breeze Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

4 Bedroom, 2 Bath Home for Rent

Available Now

42 Sea Breeze Ave

East LymeCT06357

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.

property at 73 Horse Pond Rd

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

73 Horse Pond Rd

SalemCT06420
property at 7 Lyme St

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

1 Bedroom, 1 Bath Condo for Rent

Available Sep 20

7 Lyme St

Old LymeCT06371
property at 48 Swan Ave

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

48 Swan Ave

Old LymeCT06371
property at 39 Brockett Rd

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 1 Bath Home for Rent

Available Now

39 Brockett Rd

East LymeCT06357

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

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 ListingModel NameBed/BathPriced From
Oxoboxo Lofts1 Bedroom1BR,1BA$922
Village Apartments1 Bedroom / 1 Bath1BR,1BA$1,000
Crocker HouseStudio2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
120 Broad StTownhouse2BR,3BA$1.76
The EdgewaterSailfish2BR,1.5BA$1.99
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88
Oxoboxo Lofts2 Bedroom2BR,2BA$1.77
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
Bayonet Street ApartmentsBayo II - Two Bed Two Bath2BR,2BA$1.69
Brookside Commons1 bedroom - Market1BR,1BA$1.75
Village Apartments2 Bedroom / 1 Bath2BR,1BA$1.44
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Monte Cristo BuildingStudioStudio ,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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore East Lyme, CT Rentals by Map

View Map
East Lyme, CT Apartments Map
View Map
East Lyme, CT Rental Homes Map

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.