
Cheap 1 Bedroom Apartments for Rent in Old Lyme, CT from $1,100 (32 Rentals)


Victoria Gardens

Washington Street Apartments

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Bayonet Street Apartments

Harbortree Apartments

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Villages at Shore Landing

Courtview Square Apartments

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Faire Harbour Landings
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Gull Harbor Apartments

Eagle Pointe

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Nutmeg Woods

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Brookside Commons

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120 Broad St

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Vessel - Bank Street

Central @ Waterford Woods

61 Bank St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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ReNew Groton

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60 Mansfield Road

Bay Point Apartments

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ReNew Washington Park

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The Beam

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Groton Towers

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The Sound at Gateway Commons

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The Docks
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Bridge Road Commons

Oxoboxo Lofts

173-175 Norwich-New London Turnpike

1500 Boston Post Rd

Garfield Avenue Apartments

157 Main St

26 Sunset Ter

Riverbank Luxury Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Old Lyme, CT Local Guide

How much does it cost to rent an apartment in Old Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Lyme Studio Apartments | $1,692 | $1,350 | $2,639 |
| Old Lyme 1 Bedroom Apartments | $2,003 | $1,100 | $3,615 |
| Old Lyme 2 Bedroom Apartments | $2,341 | $1,200 | $4,655 |
| Old Lyme 3 Bedroom Apartments | $2,888 | $1,400 | $3,815 |
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Old Lyme, CT Local Guide
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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 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Old Lyme, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Old Lyme, CT Rentals by Map
See the most popular apartments and homes in Old Lyme, CT
Frequently Asked Questions about Cheap Old Lyme Apartments
What is a cheap apartment in Old Lyme?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Lyme is under $1,600.
What is the price of a cheap apartment in Old Lyme?
The cheapest apartment in Old Lyme is Oxoboxo Lofts which is listed at $922, while the average apartment in Old Lyme costs $3,082.
What types of apartments are the cheapest in Old 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 3 regular apartments in Old 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 Old Lyme?
Cheap apartments in Old Lyme have an average cost of $741 which is $2,341 cheaper than the average rent for all rentals in Old 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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.