53 Sea Spray Rd
Old LymeCT06371
Cheap Homes for Rent near Lyme, CT from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lyme.
105 Horse Pond Rd
SalemCT06420
138 W Main St
ChesterCT06412
11 Miami Ave
Old LymeCT06371
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
7 Lyme St
Old LymeCT06371
34 Corsino Ave
Old LymeCT06371
73 Horse Pond Rd
SalemCT06420
21 Seaside Ln
Old LymeCT06371
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
48 Swan Ave
Old LymeCT06371
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Lyme, CT Local Guide
The chocolate eclair is second unofficial state food by Ted Eytan is licensed under CC BY 2.0
How much does it cost to rent a home in Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lyme 2 Bedroom Homes for Rent | $2,781 | $1,900 | $4,500 |
| Lyme 3 Bedroom Homes for Rent | $3,068 | $1,400 | $7,500 |
| Lyme 4 Bedroom Homes for Rent | $4,050 | $1,800 | $6,500 |
| Lyme 5 Bedroom Homes for Rent | $6,050 | $2,950 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 Village Apartments in the Northeast New London Norwich neighborhood priced from $1,000. Crocker House in the New London neighborhood 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 Lyme apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,000 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1,136 |
Best Value Apartments for Rent in Lyme, CT and Nearby
As of September 06, 2026 the best value apartment in the Lyme area is the $1.95 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,815. The second greatest value Lyme apartment is the Sailfish Model at The Edgewater starting at $2,835 with a $2.00 price per square foot in the South 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 Cove at Gateway Commons | Anchor Townhome | 3BR,2.5BA | $1.95 |
| The Edgewater | Sailfish | 2BR,1.5BA | $2.00 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Colchester Estates | 410 | 2BR,1BA | $1.80 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Village Apartments | 2 Bedroom / 1 Bath | 2BR,1BA | $1.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Monte Cristo Building | Studio | Studio ,1BA | $2.07 |
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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Explore Lyme, CT Rentals by Map
See the most popular apartments and homes in Lyme, CT
Frequently Asked Questions about Lyme
What type of rentals are currently available in Lyme?
There are currently 66 Apartments for Rent in Lyme, CT with pricing that ranges from $1,000 to $4,928. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyme ranging from $1,400 to $12,000.
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 $1,400 to $12,000 with an average monthly rent of $3,220.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.