92 Truman St
New LondonCT06320
Cheap Homes for Rent in East Lyme, CT from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.
79 Garfield Ave
New LondonCT06320
848 Bank St
New LondonCT06320
82 Longview St
WaterfordCT06385
159 Connecticut Ave
New LondonCT06320
34 Terrace Dr
WaterfordCT06385
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
83 Horse Pond Rd
SalemCT06420
83 Horse Pond Rd
SalemCT06420
50 Montauk Ave
New LondonCT06320
42 Sea Breeze Ave
East LymeCT06357
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$1,8002 Bedroom Apartments Available Now
1580 Hartford-New London Turnpike, Unit 1R
1580 Hartford-New London TurnpikeMontville, CT 06370
640 Williams St
New LondonCT06320
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.
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East Lyme, CT Local Guide
Giants Neck area shoreline by Morrowlong is licensed under CC BY 4.0
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 | $2,154 | $1,550 | $3,500 |
| East Lyme 3 Bedroom Homes for Rent | $2,910 | $2,400 | $3,750 |
| East Lyme 4 Bedroom Homes for Rent | $6,640 | $1,750 | $10,000+ |
| East Lyme 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 2 Beds unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $1,084. Crocker House 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 2 Bedroom | 2BR,1BA | $1,084 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in East Lyme, CT
As of April 13, 2026 the best value apartment in the East Lyme area is the $2.18 price per square foot Eastpointe Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,115. The second greatest value East Lyme apartment is the The Madison Model at The Sound at Gateway Commons starting at $2,965 with a $2.25 price per square foot in the Southwest New London 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 | Eastpointe Townhouse | 2BR,2BA | $2.18 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
| Country Glen Apartments | 3 Bedroom | 3BR,2BA | $1.83 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
| Highland Apartments | One Bedroom | Studio ,1BA | $2.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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 ArticleQuick 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.
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Best Local Schools in East Lyme, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in East Lyme, CT
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 $1,100 to $4,560. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,100 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 $1,100 to $40,000 with an average monthly rent of $4,042.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.