Cheap Homes for Rent near Lyme, CT from $1,500 (10 Rentals)

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

property at 65 Maple St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

65 Maple St

ChesterCT06412
property at 24 Hartford Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

24 Hartford Rd

SalemCT06420
property at 73 Horse Pond Rd

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Condo for Rent

Available Now

73 Horse Pond Rd

SalemCT06420
property at 7 Lyme St

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

1 Bedroom, 1 Bath Condo for Rent

Available Sep 20

7 Lyme St

Old LymeCT06371
property at 48 Swan Ave

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

48 Swan 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.

property at 165 Main St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

165 Main St

EssexCT06442
property at 115 Ayers Point Rd

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Home for Rent

Available Now

115 Ayers Point Rd

Old SaybrookCT06475
property at 157 W Main St

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

157 W Main St

East LymeCT06357
property at 223 Flanders Rd

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

223 Flanders Rd

NianticCT06357
property at 95 Saybrook Rd

$2,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Home for Rent

Available Now

95 Saybrook Rd

EssexCT06426

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.

Lyme, CT Local Guide

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 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 ListingModel NameBed/BathPriced From
Oxoboxo Lofts1 Bedroom1BR,1BA$922
Crocker HouseStudio2BR,2BA$1,100
Pride Point and Progress PointTwo Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Lyme, CT and Nearby

As of July 21, 2026 the best value apartment in the Lyme area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value Lyme apartment is the 3 bedroom - MKT Model at Rocky Neck Village starting at $2,650 with a $1.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
120 Broad StTownhouse2BR,3BA$1.76
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88
Oxoboxo Lofts2 Bedroom2BR,2BA$1.77
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
Colchester Estates4102BR,1BA$1.80
Brookside Commons1 bedroom - Market1BR,1BA$1.75
9 Maple St, Unit E9 Maple St1BR,1BA$1.65
Village Apartments2 Bedroom / 1 Bath2BR,1BA$1.44
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
3 Maple St, Unit 3-13 Maple St1BR,1BA$1.83

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.

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Real 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lyme

What type of rentals are currently available in Lyme?

There are currently 64 Apartments for Rent in Lyme, CT with pricing that ranges from $710 to $4,611. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyme ranging from $1,595 to $16,500.

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 $1,595 to $16,500 with an average monthly rent of $5,612.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.