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$1,100 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCrocker House
35 Union StNew London, CT 06320
Cheap Apartments for Rent in Old Lyme, CT from $1,000 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Lyme.
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Rent Specials
$1,150 - $1,355
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityVictoria Gardens
105 Boston Post RdWaterford, CT 06385
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$1,175 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowHighland Apartments
43 Granite StNew London, CT 06320
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$1,200 - $2,000
Plus Fees
1 to 2 Bedroom Apartments Available NowWashington Street Apartments
73-75 Washington StNew London, CT 06320
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$1,200 - $1,400
Plus Fees
1 Bedroom Apartments Available NowMorton House
215 Main StNiantic, CT 06357
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$1,200 - $1,400
Plus Fees
2 to 3 Bedroom Apartments Available NowPride Point and Progress Point
71 Redden AveNew London, CT 06320
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.
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Rent Specials
$1,380 - $2,000
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityDeerfield Village
10 King Arthur DrNiantic, CT 06357
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Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,400 - $2,850
Total Monthly Price
$1,400 - $2,850
120 Broad St
120 Broad StNew London, CT 06320
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$1,410 - $2,511
Plus Fees
Studio to 2 Bedroom Apartments Available NowVillages at Shore Landing
5 Nob Hill RdNew London, CT 06320
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Rent Specials
$1,421 - $1,909
Plus Fees
Studio to 3 Bedroom Apartments Available NowNutmeg Woods
84 Hawthorne Dr NNew London, CT 06320
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$1,455 - $3,000
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Docks
500 Bank StNew London, CT 06320
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$1,475 - $1,750
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFaire Harbour Landings
11 Anthony RdNew London, CT 06320
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$1,475
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCourtview Square Apartments
309 Crystal AveNew London, CT 06320
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$1,489 - $3,239
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,489 - $3,239
Total Monthly Price
$1,489 - $3,239
ReNew Washington Park
278 Meridian StGroton, CT 06340
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$1,522 - $2,269
Plus Fees
Studio to 2 Bedroom Apartments Available NowGroton Towers
25-39 Broad St ExtGroton, CT 06340
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$1,535 - $2,795
Plus Fees
Studio to 2 Bedroom Apartments Available Now60 Mansfield Road
60 Mansfield RdNew London, CT 06320
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$1,545 - $1,695
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowGull Harbor Apartments
83 Mansfield RdNew London, CT 06320
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1 to 2 Bedroom Apartments
Oxoboxo Lofts
42 Pink RowUncasville, CT 06382
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio Apartments
8 Bank St
8 Bank StNew London, CT 06320
157 Main St
Deep RiverCT06417
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1 to 2 Bedroom Apartments
173-175 Norwich-New London Turnpike
173-175 Norwich-New London TurnpikeUncasville, CT 06382
1500 Boston Post Rd
Old SaybrookCT06475
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1 Bedroom Apartments
Garfield Avenue Apartments
145 Garfield AveNew London, CT 06320
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1 to 2 Bedroom Apartments
Brookside Commons
908 Hartford TpkeWaterford, CT 06385
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1 to 2 Bedroom Apartments
26 Sunset Ter
26 Sunset TerEssex, CT 06426
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Studio to 2 Bedroom Apartments
12 Sharaf St
12 Sharaf StNew London, CT 06320
Showing Results 1-26, Page 1 of 1
Old Lyme, CT Local Guide
Long Island Sound by Vin Crosbie is licensed under CC BY 2.0
How much does it cost to rent an apartment in Old Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Lyme Studio Apartments | $1,592 | $1,175 | $2,099 |
| Old Lyme 1 Bedroom Apartments | $1,885 | $1,100 | $3,345 |
| Old Lyme 2 Bedroom Apartments | $2,404 | $1,200 | $4,717 |
| Old Lyme 3 Bedroom Apartments | $2,890 | $1,400 | $3,815 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Old Lyme
See all Apartments in Old LymeExplore Old Lyme
Old Lyme, CT Local Guide
- Old Lyme Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Old Lyme, CT
Pricing Updated: 03/12/2026Current apartment rentals in the Old Lyme, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Old Lyme Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| South Lyme | $3,530 | $2,730 | 6 |
Cheapest Available Old Lyme Apartments for Rent and Nearby
The cheapest available apartment rental in Old Lyme, CT is a 2 Beds unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $1,084. Crocker House 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 Old Lyme apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oxoboxo Lofts | 2 Bedroom | 2BR,1BA | $1,084 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Highland Apartments | Studio | Studio,1BA | $1,175 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,410 |
| Nutmeg Woods | The Aspen | 1BR,1BA | $1,421 |
| The Docks | Open 1 BR 1.06 | Studio,1BA | $1,455 |
Best Value Apartments for Rent in Old Lyme, CT and Nearby
As of March 12, 2026 the best value apartment in the Old Lyme area is the $2.20 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,345. The second greatest value Old Lyme apartment is the 2 Bed / 1 Bath Model at The Grand starting at $2,350 with a $1.71 price per square foot in the Eastern Suffolk neighborhood. Here is today’s list of the best values for Old Lyme apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cove at Gateway Commons | Cape Townhouse | 2BR,2BA | $2.20 |
| The Grand | 2 Bed / 1 Bath | 2BR,1BA | $1.71 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| Central @ Waterford Woods | Great Neck - Loft Unit 2BR/2BA - Buildings G, H... | 2BR,2BA | $2.24 |
| Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.77 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Colchester Estates | 410 | 2BR,1BA | $1.80 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Best Local Schools in Old Lyme, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Old Lyme, CT
Frequently Asked Questions about Cheap Old Lyme Apartments
What is the Cheapest Studio apartment in Old Lyme?
Currently the most affordable Cheap Studio Apartment in Old Lyme is at Highland Apartments listed at $1,175.
How much is rent for a Cheap One Bedroom Old Lyme Apartment?
The lowest price for a Cheap One Bedroom Old Lyme Apartment is $1,100 at Crocker House.
What is the lowest price for a Cheap Two Bedroom Old Lyme Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Lyme is starting from $1,084 at Oxoboxo Lofts.
What is the most affordable Old Lyme Three Bedroom Apartment?
The best deal on a cheap Old Lyme Three Bedroom Apartment rental is at Pride Point and Progress Point and starts from $1,400.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.