
Cheap Homes for Rent in East Lyme, CT from $1,600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.


83 Horse Pond Rd

1580 Hartford-New London Turnpike

14 High St

159 Boston Post Rd

11 King Arthur Dr

6 10th Ave
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.

76 S Edgewood Rd

22 Luce Ave

68 S Edgewood Rd

310 Boston Post Rd

155 Flanders Rd

49 Indianola Rd

34 Brightwater Rd
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 | $2,232 | $1,600 | $2,695 |
| East Lyme 3 Bedroom Homes for Rent | $2,984 | $2,100 | $4,500 |
| East Lyme 4 Bedroom Homes for Rent | $7,280 | $2,750 | $10,000+ |
| East Lyme 5 Bedroom Homes for Rent | $4,166 | $2,500 | $5,000 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,290 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Highland Apartments | One Bedroom | Studio,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 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 |
| 19 Church Ln, Unit A | 19 Church Ln | 3BR,1.5BA | $1.58 |
| Groton Towers | Boston | 2BR,1BA | $2.03 |
| 60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Riverbank Luxury Apartments | 1 Bed | 1BR,1BA | $2.30 |
| 283 Boston Post Rd, Unit 5 | 283 Boston Post Rd | 1BR,1BA | $2.43 |
| Faire Harbour Landings | One Bedroom Apartment | 1BR,1BA | $2.23 |
| 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
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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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!