Cheap Homes for Rent in East Lyme, CT from $1,300 (10 Rentals)

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

property at 103 Horse Pond Rd

103 Horse Pond Rd

SalemCT06420
property at 108 Chesterfield Rd

108 Chesterfield Rd

East LymeCT06333
property at 46 Crescent Ave

46 Crescent Ave

NianticCT06357
property at 11 King Arthur Dr

11 King Arthur Dr

East LymeCT06357
property at 49 Indianola Rd

49 Indianola Rd

East LymeCT06357
property at 34 Brightwater Rd

34 Brightwater Rd

East LymeCT06357
property at 6 10th Ave

6 10th Ave

WaterfordCT06385

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. Villages at Shore Landing has the second lowest priced unit, which is a Studio apartment currently listed from $1,196. Here is today’s list of the most affordable East Lyme apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio2BR,2BA$1,100
Villages at Shore LandingCoveStudio,1BA$1,196
Morton HouseEfficiency1BR,1BA$1,200

Best Value Apartments for Rent in East Lyme, CT

As of November 09, 2025 the best value apartment in the East Lyme area is the $1.90 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,695. The second greatest value East Lyme apartment is the Breakaway Townhouse Model at The Cove at Gateway Commons starting at $3,015 with a $2.15 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The EdgewaterSailfish2BR,1.5BA$1.90
The Cove at Gateway CommonsBreakaway Townhouse2BR,2BA$2.15
The Sound at Gateway CommonsThe Madison3BR,2BA$1.38
Central @ Waterford WoodsGreat Neck 2BR/2BA - Buildings I, J, K + L2BR,2BA$2.24
Groton TowersBoston2BR,1BA$2.33
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Riverbank Luxury Apartments1 Bed1BR,1BA$2.27
103 Horse Pond Rd, Unit 103 Salem103 Horse Pond Rd1BR,1BA$1.95
Faire Harbour Landings1-Bedroom1BR,1BA$2.20
Harbortree Apartments1 Bedroom 1 Bathroom1BR,1BA$2.25

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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 69 Apartments for Rent in East Lyme, CT with pricing that ranges from $905 to $4,379. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,390 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 $1,390 to $40,000 with an average monthly rent of $3,763.

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 $1,985 to $3,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.