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Rent Specials
$905 - $1,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityVictoria Gardens
105 Boston Post RdWaterford, CT 06385
Cheap Apartments for Rent in Old Lyme, CT from $900 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Lyme.
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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
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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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$1,221 - $1,882
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,196 - $1,857
Required Monthly Fees
$25
Total Monthly Price
$1,221 - $1,882
Villages at Shore Landing
5 Nob Hill RdNew London, CT 06320
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$1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowHighland Apartments
43 Granite StNew 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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$1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowHarbortree Apartments
151-171 Oneco AveNew London, CT 06320
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$1,375 - $1,825
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowVessel - Bank Street
174 Bank StNew London, CT 06320
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$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 Available NowTotal Monthly Price
Base Rent
$1,400 - $2,850
Total Monthly Price
$1,400 - $2,850
120 Broad St
120 Broad StNew London, CT 06320
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$1,405 - $3,000
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Docks
500 Bank StNew London, CT 06320
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$1,416 - $1,814
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,391 - $1,789
Required Monthly Fees
$25
Total Monthly Price
$1,416 - $1,814
Nutmeg Woods
84 Hawthorne Dr NNew 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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$1,419 - $1,695
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $1,675
Required Monthly Fees
$20
Total Monthly Price
$1,419 - $1,695
Gull Harbor Apartments
83 Mansfield RdNew London, CT 06320
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$1,460 - $2,770
Plus Fees
Studio to 2 Bedroom Apartments Available Now60 Mansfield Road
60 Mansfield RdNew London, CT 06320
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$1,475 - $1,770
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowFaire Harbour Landings
11 Anthony RdNew London, CT 06320
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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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$1,535 - $2,922
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Beam
221 Howard StNew London, CT 06320
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$1,560 - $1,750
Plus Fees
1 to 3 Bedroom Apartments Available NowEagle Pointe
8-127 Michael RdNew London, CT 06320
Cash 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.
26 Hillcrest Rd
East LymeCT06357
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1 to 2 Bedroom Apartments
173-175 Norwich-New London Turnpike
173-175 Norwich-New London TurnpikeUncasville, CT 06382
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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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Showing Results 1-25, 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 | $1,500 | $1,221 | $2,100 |
| Old Lyme 1 Bedroom Apartments | $1,852 | $905 | $3,357 |
| Old Lyme 2 Bedroom Apartments | $2,427 | $1,100 | $4,344 |
| Old Lyme 3 Bedroom Apartments | $3,307 | $2,965 | $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: 12/09/2025Current 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 | $3,555 | $1,600 | 10 |
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 Crocker House priced from $1,100. Morton House in the Southwest New London Lyme neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Old Lyme apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,221 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Harbortree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Old Lyme, CT and Nearby
As of December 09, 2025 the best value apartment in the Old 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 Old Lyme apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $1.92 price per square foot in the South Lyme 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 | Driftwood Townhouse | 2BR,2BA | $2.19 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $1.92 |
| The Grand | 2 Bed / 1 Bath | 2BR,1BA | $1.71 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| Blueway Commons | Swing | 2BR,2BA | $2.32 |
| Colchester Estates | Colchester 2 Bed x 1 Bath | 2BR,1BA | $1.83 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Faire Harbour Landings | One Bedroom Apartment | 1BR,1BA | $2.23 |
| Harbortree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.25 |
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.
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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
Getting Around Old Lyme, CT
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Villages at Shore Landing listed at $1,221.
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 $1,100 at Crocker House.
What is the most affordable Old Lyme Three Bedroom Apartment?
The best deal on a cheap Old Lyme Three Bedroom Apartment rental is at The Sound at Gateway Commons and starts from $2,965.
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
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.