
Cheap Homes for Rent in East Lyme, CT from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.


1580 Hartford-New London Turnpike

83 Horse Pond Rd

319 Chesterfield Rd

3 Rathbun Rd, Unit 10
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.

12 Clark Ln

1580 Hartford-New London Turnpike

159 Boston Post Rd

159 Boston Post Rd

11 King Arthur Dr
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

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 | $2,340 | $1,600 | $2,950 |
| East Lyme 3 Bedroom Homes for Rent | $2,927 | $2,400 | $3,750 |
| East Lyme 4 Bedroom Homes for Rent | $6,450 | $2,500 | $10,000+ |
| East Lyme 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in East Lyme
Explore East Lyme
East Lyme, CT Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 8 Bank St has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable East Lyme apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| 8 Bank St | Studio | Studio,1BA | $1,150 |
| Highland Apartments | Studio | Studio,1BA | $1,175 |
Best Value Apartments for Rent in East Lyme, CT
As of February 22, 2026 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cove at Gateway Commons | Driftwood Townhouse | 2BR,2BA | $2.19 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $1.92 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| Country Glen Apartments | 3 Bedroom | 3BR,2BA | $1.83 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.40 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| 8 Bank St | Studio | Studio ,1BA | $1.53 |
| Riverbank Luxury Apartments | 1 Bed | 1BR,1BA | $2.30 |
| Courtview Square Apartments | A1 | 1BR,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 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.
Best Local Schools in East Lyme, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore East Lyme, CT Rentals by Map
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 70 Apartments for Rent in East Lyme, CT with pricing that ranges from $1,100 to $4,574. There are also 42 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 $3,711.
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

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.

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.