Cheap Apartments for Rent in Old Lyme, CT from $1,100 (53 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 77 Lyme St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

2 Bedroom, 2 Bath Home for Rent

Available Now

77 Lyme St

Old LymeCT06371
property at 48 Swan Ave

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

48 Swan Ave

Old LymeCT06371
property at 30 Old Shore Rd

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

4 Bedroom, 1.5 Bath Home for Rent

Available Now

30 Old Shore Rd

Old LymeCT06371
close
View Me
Villages at Shore Landing
$1,396 - $3,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $3,330
Required Monthly Fees
$25

Total Monthly Price
$1,396 - $3,355
Studio to 2 Bedroom Apartments Available Now

Villages at Shore Landing

5 Nob Hill RdNew London, CT 06320
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
120 Broad St
Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $2,850

Total Monthly Price
$1,400 - $2,850
Studio to 2 Bedroom Apartments Available Now

120 Broad St

120 Broad StNew London, CT 06320
  • Verified
close
View Me
Rocky Neck Village
$1,491 - $2,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,491 - $2,650

Total Monthly Price
$1,491 - $2,650
3 Bedroom Apartments Available Now

Rocky Neck Village

277 R West Main StEast Lyme, CT 06333
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • Low Income
close
View Me
Deerfield Village
Rent Specials
$1,512 - $2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,512 - $2,000

Total Monthly Price
$1,512 - $2,000
2 Bedroom Apartments Contact Us For Availability

Deerfield Village

10 King Arthur DrNiantic, CT 06357
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Faire Harbour Landings
$1,525 - $2,315
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,525 - $2,315

Total Monthly Price
$1,525 - $2,315
1 to 3 Bedroom Apartments Available Now

Faire Harbour Landings

11 Anthony RdNew London, CT 06320
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Gull Harbor Apartments
$1,570 - $1,715
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $1,695
Required Monthly Fees
$20

Total Monthly Price
$1,570 - $1,715
1 Bedroom Apartments Available Now

Gull Harbor Apartments

83 Mansfield RdNew London, CT 06320
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Nutmeg Woods
Rent Specials
$1,582 - $2,658
Total Monthly Price

Total Monthly Price

Base Rent
$1,557 - $2,633
Required Monthly Fees
$25

Total Monthly Price
$1,582 - $2,658
Studio to 3 Bedroom Apartments Available Now

Nutmeg Woods

84 Hawthorne Dr NNew London, CT 06320
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Brookside Commons
$1,600 - $2,066
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600 - $2,066

Total Monthly Price
$1,600 - $2,066
1 to 2 Bedroom Apartments Available Now

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
ReNew Washington Park
$1,629 - $2,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,629 - $2,899

Total Monthly Price
$1,629 - $2,899
Studio to 1 Bedroom Apartments Available Now

ReNew Washington Park

278 Meridian StGroton, CT 06340
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
The Docks
Rent Specials
$1,670 - $3,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $3,000
Required Monthly Fees
$215

Total Monthly Price
$1,670 - $3,215
Studio to 2 Bedroom Apartments Available Now

The Docks

500 Bank StNew London, CT 06320
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Groton Towers
$1,675 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,635 - $3,144
Required Monthly Fees
$40

Total Monthly Price
$1,675 - $3,184
Studio to 2 Bedroom Apartments Available Now

Groton Towers

25-39 Broad St ExtGroton, CT 06340
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
The Sound at Gateway Commons
$1,815 - $3,065
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $3,050
Required Monthly Fees
$15

Total Monthly Price
$1,815 - $3,065
Studio to 3 Bedroom Apartments Available Now

The Sound at Gateway Commons

1 Maple Tree LnEast Lyme, CT 06333
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
60 Mansfield Road
Rent Specials
$1,825 - $3,135
Total Monthly Price

Total Monthly Price

Base Rent
$1,610 - $2,920
Required Monthly Fees
$215

Total Monthly Price
$1,825 - $3,135
Studio to 2 Bedroom Apartments Available Now

60 Mansfield Road

60 Mansfield RdNew London, CT 06320
Pet Friendly
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
The Beam
$1,911 - $2,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,887 - $2,375
Required Monthly Fees
$24

Total Monthly Price
$1,911 - $2,399
Studio to 2 Bedroom Apartments Available Now

The Beam

221 Howard StNew London, CT 06320
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
60 Mansfield Road Phase II
Rent Specials
$1,925 - $3,790
Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,710 - $3,575
Required Monthly Fees
$215

Total Monthly Price
$1,925 - $3,790
Studio to 2 Bedroom Apartments Available Now

60 Mansfield Road Phase II

22 Georgetown RdNew London, CT 06320
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Edgewater
Rent Specials
$2,046 - $3,935
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,011 - $3,900
Required Monthly Fees
$35

Total Monthly Price
$2,046 - $3,935
2 to 3 Bedroom Apartments Available Now

The Edgewater

94 N Bridebrook RdNiantic, CT 06357
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Pleasant Valley Apartments
Rent Specials
$2,085 - $2,970
Total Monthly Price18 Month Lease Term

Total Monthly Price

Base Rent
$1,870 - $2,755
Required Monthly Fees
$215

Total Monthly Price
$2,085 - $2,970
Studio to 2 Bedroom Apartments Available Now

Pleasant Valley Apartments

700 Pleasant Valley Rd NGroton, CT 06340
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
12 Sharaf St
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
2 Bedroom Apartments Available Now

12 Sharaf St

12 Sharaf StNew London, CT 06320
Family Friendly
  • Verified
  • Utilities Included
  • Smoke Free
close
View Me
ReNew Groton
$2,149 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$2,099 - $3,349
Required Monthly Fees
$50

Total Monthly Price
$2,149 - $3,399
1 to 2 Bedroom Apartments Available Now

ReNew Groton

26 Bishop LnGroton, CT 06340
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Oxoboxo Lofts
1 to 2 Bedroom Apartments

Oxoboxo Lofts

42 Pink RowUncasville, CT 06382
  • Utilities Included
close
View Me
8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
property at 1500 Boston Post Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Now

1500 Boston Post Rd

Old SaybrookCT06475
close
View Me
Garfield Avenue Apartments
1 Bedroom Apartments

Garfield Avenue Apartments

145 Garfield AveNew London, CT 06320
Corporate Housing
  • Utilities Included
close
View Me
26 Sunset Ter
1 to 2 Bedroom Apartments

26 Sunset Ter

26 Sunset TerEssex, CT 06426
property at 165 Main St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

165 Main St

EssexCT06442

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Old Lyme, CT Local Guide

Cheapest Neighborhoods for Apartments in Old Lyme, CT

Pricing Updated: 06/13/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
South Lyme$2,992$1,49110

Cheapest Available Old Lyme Apartments for Rent

 

The cheapest available apartment rental in Old Lyme, CT is a 2 Beds unit found at Crocker House priced from $1,100. Oxoboxo Lofts in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,136. Here is today’s list of the most affordable Old Lyme apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio2BR,2BA$1,100
Oxoboxo Lofts1 Bedroom1BR,1BA$1,136
Pride Point and Progress PointTwo Bedroom2BR,1BA$1,200
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1,300
Highland ApartmentsOne BedroomStudio,1BA$1,350
Villages at Shore LandingCoveStudio,1BA$1,396
120 Broad StStudioStudio,1BA$1,400
Courtview Square ApartmentsA11BR,1BA$1,475
Rocky Neck Village3 bed - 50%3BR,2BA$1,491
Gull Harbor Apartments1 BEDROOM1BR,1BA$1,570

Best Value Apartments for Rent in Old Lyme, CT

As of June 13, 2026 the best value apartment in the Old Lyme area is the $1.88 price per square foot 3 bedroom - MKT Model at Rocky Neck Village in the in the South Lyme neighborhood starting from $2,650. The second greatest value Old Lyme apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $2.07 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88
The EdgewaterSailfish 22BR,2BA$2.07
The Cove at Gateway CommonsAtlantic Townhouse1BR,1BA$2.20
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
Colchester Estates4102BR,1BA$1.80
70 Pond Meadow Rd2 Bedroom2BR,1BA$1.89
Brookside Commons1 bedroom - Market1BR,1BA$1.75
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Faire Harbour LandingsTwo Bedroom Apartment2BR,1BA$2.11
Oxoboxo Lofts1 Bedroom1BR,1BA$1.97

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Old Lyme, CT Rentals by Map

View Map
Old Lyme, CT Apartments Map
View Map
Old Lyme, CT Rental Homes Map

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 $1,570.

What is the price of a cheap apartment in Old Lyme?

The cheapest apartment in Old Lyme is Crocker House which is listed at $1,100, while the average apartment in Old Lyme costs $2,992.

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 $2,251 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.