
Cheap Homes for Rent in Lyme, CT from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lyme.


15 Sunset Terrace

174 Old Boston Post Rd

48 Swan Ave
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.

32 Driftwood Dr

5 Meriden Rd

82 River Rd

116 Chalker Beach Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

29 Prospect Ave
Lyme, CT Local Guide

How much does it cost to rent a home in Lyme?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lyme 2 Bedroom Homes for Rent | $3,043 | $2,000 | $4,750 |
Lyme 3 Bedroom Homes for Rent | $2,964 | $2,400 | $4,750 |
Lyme 4 Bedroom Homes for Rent | $5,663 | $2,200 | $10,000+ |
Lyme 5 Bedroom Homes for Rent | $9,000 | $6,000 | $10,000+ |
Browse Top Homes for Rent in Lyme
Explore Lyme
Lyme, CT Local Guide
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Cheapest Available Lyme Apartments for Rent and Nearby
 The cheapest available apartment rental in Lyme, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Crocker House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Lyme apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
Crocker House | Studio | 1BR,1BA | $1,100 |
Morton House | Efficiency | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Lyme, CT and Nearby
As of June 07, 2025 the best value apartment in the 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 Lyme apartment is the 2BD 2BA Model at Hanford Commons starting at $3,265 with a $2.61 price per square foot in the Southwest New London Lyme neighborhood. Here is today’s list of the best values for Lyme apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Edgewater | Sailfish | 2BR,1.5BA | $1.90 |
Hanford Commons | 2BD 2BA | 2BR,2BA | $2.61 |
The Cove at Gateway Commons | Atlantic Townhouse | 1BR,1BA | $2.19 |
Colchester Estates | Beautiful Remodeled and Upgraded Townhouse in C... | 2BR,1BA | $1.80 |
Bayonet Street Apartments | Two Bed Small | 2BR,2BA | $1.97 |
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.17 |
Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.12 |
Peppertree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.11 |
Gull Harbor Apartments | 1 BEDROOM | 1BR,1BA | $2.54 |
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lyme
What type of rentals are currently available in Lyme?
There are currently 48 Apartments for Rent in Lyme, CT with pricing that ranges from $710 to $3,795. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyme ranging from $1,450 to $75,000.
What is the current price range for Rental Homes in Lyme?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lyme ranges from $1,450 to $75,000 with an average monthly rent of $14,234.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.