
Cheap Apartments for Rent in the Southwest New London Lyme Neighborhood of Niantic, CT from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest New London Lyme area of Niantic.


Bay Point Apartments

15 Prospect St

Total Monthly Price
The Sound at Gateway Commons

295 Main St

68 Black Point Rd

525 Boston Post Rd
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Ambleside Apartments

202 Old Kelsey Point Rd

26 Sunset Ter

11 Miami Ave

22 Pond Rd

42 Sea Breeze Ave

7 Lyme St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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48 Swan Ave

34 Corsino Ave

18 Clifton St

27 Edge Hill Rd

8 Oak Tree Ln

39 Brockett Rd

Essex Station Apartments
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5 Meriden Rd
Southwest New London Lyme, Niantic, CT Local Guide

How much does it cost to rent an apartment in Southwest New London Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest New London Lyme Studio Apartments | $1,850 | $1,850 | $1,850 |
| Southwest New London Lyme 1 Bedroom Apartments | $2,347 | $1,800 | $3,847 |
| Southwest New London Lyme 2 Bedroom Apartments | $2,730 | $1,512 | $4,730 |
| Southwest New London Lyme 3 Bedroom Apartments | $3,503 | $2,550 | $3,815 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Southwest New London Lyme Neighborhood of Niantic, CT.
See all Apartments in NianticExplore Niantic
Cheapest Available Southwest New London Lyme Apartments for Rent
 The cheapest available apartment rental in the Southwest New London Lyme area of Niantic, CT is a 1 Bed unit found at The Sound at Gateway Commons priced from $1,930. The Edgewater has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,835. Here are the most affordable Southwest New London Lyme apartments for rent in Niantic, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Sound at Gateway Commons | The Westbrook | 1BR,1BA | $1,930 |
| The Edgewater | Sailfish | 2BR,1BA | $2,835 |
| The Cove at Gateway Commons | Driftwood Townhouse | 2BR,2BA | $3,165 |
| Hanford Commons | 2BD 2BA + Office | 2BR,2BA | $3,500 |
| Saybrook Station | B1 | 2BR,2BA | $3,603 |
Best Value Apartments for Rent in Southwest New London Lyme, CT
As of August 19, 2026 the best value apartment in the Southwest New London 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 Southwest New London 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 Southwest New London 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 | 2BR,1.5BA | $2.00 |
| Hanford Commons | 2BD 2BA + Office | 2BR,2BA | $2.55 |
| Saybrook Station | B1 | 2BR,2BA | $3.58 |
| The Sound at Gateway Commons | The Westbrook | 1BR,1BA | $3.22 |
| Morton House | Efficiency - Room | 1BR,1BA | $3.00 |
Frequently Asked Questions about Cheap Southwest New London Lyme Apartments
What is the price of a cheap apartment in Southwest New London Lyme?
The cheapest apartment in Southwest New London Lyme is The Sound at Gateway Commons which is listed at $1,930, while the average apartment in Southwest New London Lyme costs $2,645.
What types of apartments are the cheapest in Southwest New London Lyme?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Southwest New London Lyme that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwest New London Lyme?
Cheap apartments in Southwest New London Lyme have an average cost of $212 which is $2,433 cheaper than the average rent for all rentals in Southwest New London Lyme.
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.

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.

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.