Cheap Homes for Rent in Lyme, CT from $1,300 (7 Rentals)

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

property at 103 Horse Pond Rd

103 Horse Pond Rd

SalemCT06420
property at 33 Main St

33 Main St

EssexCT06442
property at 25 Park Rd

25 Park Rd

EssexCT06442
property at 70 Pond Meadow Rd

70 Pond Meadow Rd

EssexCT06442
property at 108 Chesterfield Rd

108 Chesterfield Rd

East LymeCT06333
property at 5 Meriden Rd

5 Meriden Rd

Old LymeCT06371
property at 11 King Arthur Dr

11 King Arthur Dr

East LymeCT06357

Lyme, CT Local Guide

Cheapest Available Lyme Apartments for Rent and Nearby

 

The cheapest available apartment rental in 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 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 Lyme, CT and Nearby

As of November 10, 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 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 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
Colchester EstatesBeautiful Remodeled and Upgraded Townhouse in C...2BR,1BA$1.80
70 Pond Meadow Rd2 Bedroom2BR,1BA$1.89
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Riverbank Luxury Apartments1 Bed1BR,1BA$2.27
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 Lyme

What type of rentals are currently available in Lyme?

There are currently 51 Apartments for Rent in Lyme, CT with pricing that ranges from $710 to $4,379. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lyme ranging from $1,390 to $12,500.

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 $1,390 to $12,500 with an average monthly rent of $3,071.

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.