71 Swan Ave
Old LymeCT06371
Cheap Apartments for Rent in Old Lyme, CT from $1,100 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Lyme.
53 Sea Spray Rd
Old LymeCT06371
11 Miami Ave
Old LymeCT06371
7 Lyme St
Old LymeCT06371
21 Seaside Ln
Old LymeCT06371
48 Swan Ave
Old LymeCT06371
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$1,100 - $1,700
Total Monthly Price
Base Rent$1,100 - $1,700
Total Monthly Price$1,100 - $1,700
Crocker House
35 Union StNew London, CT 06320
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Rent Specials
$1,150 - $1,355
Total Monthly Price
Base Rent$1,150 - $1,355
Total Monthly Price$1,150 - $1,355
Victoria Gardens
105 Boston Post RdWaterford, CT 06385
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$1,200 - $2,000
Total Monthly Price
Base Rent$1,200 - $2,000
Total Monthly Price$1,200 - $2,000
Washington Street Apartments
73-75 Washington StNew London, CT 06320
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,200 - $1,400
Total Monthly Price
Base Rent$1,200 - $1,400
Total Monthly Price$1,200 - $1,400
Pride Point and Progress Point
71 Redden AveNew London, CT 06320
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$1,475
Total Monthly Price
Base Rent$1,475
Total Monthly Price$1,475
Courtview Square Apartments
309 Crystal AveNew London, CT 06320
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Rent Specials
$1,512 - $2,000
Total Monthly Price
Base Rent$1,512 - $2,000
Total Monthly Price$1,512 - $2,000
Deerfield Village
10 King Arthur DrNiantic, CT 06357
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$1,525 - $2,315
Total Monthly Price
Base Rent$1,525 - $2,315
Total Monthly Price$1,525 - $2,315
Faire Harbour Landings
11 Anthony RdNew London, CT 06320
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$1,585 - $1,960
Total Monthly Price
Base Rent$1,585 - $1,960
Total Monthly PriceVaries
Eagle Pointe
8-127 Michael RdNew London, CT 06320
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$1,604 - $3,424
Total Monthly Price
Base Rent$1,604 - $3,424
Total Monthly Price$1,604 - $3,424
ReNew Washington Park
278 Meridian StGroton, CT 06340
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Rent Specials
$1,660
Total Monthly Price
Base Rent$1,660
Total Monthly Price$1,660
Vessel - Bank Street
174 Bank StNew London, CT 06320
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$1,667 - $3,630
Total Monthly Price
Base Rent$1,652 - $3,615
Required Monthly Fees$15
Total Monthly Price$1,667 - $3,630
Nutmeg Woods
84 Hawthorne Dr NNew London, CT 06320
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$1,715
Total Monthly Price
Base Rent$1,695
Required Monthly Fees$20
Total Monthly Price$1,715
Gull Harbor Apartments
83 Mansfield RdNew London, CT 06320
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Rent Specials
$1,735 - $3,215
Total Monthly Price
Base Rent$1,520 - $3,000
Required Monthly Fees$215
Total Monthly Price$1,735 - $3,215
The Docks
500 Bank StNew London, CT 06320
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$1,750 - $1,867
Total Monthly Price
Base Rent$1,750 - $1,867
Total Monthly Price$1,750 - $1,867
Bayonet Street Apartments
433-443 Bayonet StNew London, CT 06320
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$1,750 - $2,700
Total Monthly Price
Base Rent$1,700 - $2,650
Required Monthly Fees$50
Total Monthly Price$1,750 - $2,700
The Manwaring
225 State StNew London, CT 06320
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$1,789 - $3,639
Total Monthly Price
Base Rent$1,789 - $3,639
Total Monthly Price$1,789 - $3,639
ReNew Groton
26 Bishop LnGroton, CT 06340
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$1,795
Total Monthly Price
Base Rent$1,795
Total Monthly Price$1,795
Harbor View
360 Thames StGroton, CT 06340
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Rent Specials
$1,800 - $3,164
Total Monthly Price
Base Rent$1,585 - $2,949
Required Monthly Fees$215
Total Monthly Price$1,800 - $3,164
60 Mansfield Road
60 Mansfield RdNew London, CT 06320
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$1,800 - $1,900
Total Monthly Price
Base Rent$1,800 - $1,900
Total Monthly Price$1,800 - $1,900
70 Pond Meadow Rd
70 Pond Meadow RdIvoryton, CT 06442
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$1,800 - $1,830
Total Monthly Price
Base Rent$1,800 - $1,830
Total Monthly Price$1,800 - $1,830
Colchester Estates
12 Balaban RdColchester, CT 06415
15 Prospect St
EssexCT06426
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.
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$1,850 - $3,114
Total Monthly Price
Base Rent$1,835 - $3,099
Required Monthly Fees$15
Total Monthly Price$1,850 - $3,114
The Sound at Gateway Commons
1 Maple Tree LnEast Lyme, CT 06333
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Rent Specials
$1,875 - $2,725
Total Monthly Price
Base Rent$1,875 - $2,725
Total Monthly Price$1,875 - $2,725
Central @ Waterford Woods
394 Willetts AveWaterford, CT 06385
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$1,938
Total Monthly Price
Base Rent$1,938
Total Monthly PriceVaries
Haddam Village Commons
3 Brookes CtHaddam, CT 06438
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Rent Specials
$1,950 - $3,922
Total Monthly Price
Base Rent$1,735 - $3,707
Required Monthly Fees$215
Total Monthly Price$1,950 - $3,922
60 Mansfield Road Phase II
22 Georgetown RdNew London, CT 06320
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Rent Specials
$1,975 - $2,950
Total Monthly Price
Base Rent$1,975 - $2,950
Total Monthly Price$1,975 - $2,950
Triton Square Apartments
1 Triton SqGroton, CT 06340
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$2,000 - $2,050
Total Monthly Price
Base Rent$2,000 - $2,050
Total Monthly Price$2,000 - $2,050
Bridge Road Commons
105 Bridge RdHaddam, CT 06438
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1 to 2 Bedroom Apartments
Oxoboxo Lofts
42 Pink RowUncasville, CT 06382
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Studio Apartments
8 Bank St
8 Bank StNew London, CT 06320
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1 to 2 Bedroom Apartments
173-175 Norwich-New London Turnpike
173-175 Norwich-New London TurnpikeUncasville, CT 06382
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.
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1 Bedroom Apartments
Garfield Avenue Apartments
145 Garfield AveNew London, CT 06320
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Studio to 2 Bedroom Apartments
Villages at Shore Landing
5 Nob Hill RdNew London, CT 06320
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Studio to 2 Bedroom Apartments
120 Broad St
120 Broad StNew London, CT 06320
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1 to 2 Bedroom Apartments
26 Sunset Ter
26 Sunset TerEssex, CT 06426
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1 to 2 Bedroom Apartments
61 Bank St
61 Bank StNew London, CT 06320
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1 to 2 Bedroom Apartments
Riverbank Luxury Apartments
133 Bank StNew London, CT 06320
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Studio to 2 Bedroom Apartments
Groton Towers
25-39 Broad St ExtGroton, CT 06340
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1 to 2 Bedroom Apartments
Bay Point Apartments
468 Main StNiantic, CT 06357
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2 Bedroom Apartments
Beacon Point Homes - Trident Park
66 Ohio AveGroton, CT 06340
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.
70 Pond Meadow Rd
EssexCT06442
8 Oak Tree Ln
LymeCT06371
10 Hilltop Rd
East LymeCT06357
115 Ayers Point Rd
Old SaybrookCT06475
Showing Results 1-49, 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 |
|---|---|---|---|
| Cheap Old Lyme Studio Apartments | $1,994 | $1,604 | $2,484 |
| Cheap Old Lyme 1 Bedroom Apartments | $2,120 | $1,100 | $3,830 |
| Cheap Old Lyme 2 Bedroom Apartments | $2,481 | $1,200 | $4,928 |
| Cheap Old Lyme 3 Bedroom Apartments | $3,067 | $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
Cheapest Neighborhoods for Apartments in Old Lyme, CT
Pricing Updated: 09/11/2026Current apartment rentals in the Old Lyme, CT area range in price from $1,900 to $3,615 with an overall median price of $2,935. 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 | $2,935 | $1,900 | 7 |
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 in the New London neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $1,136 |
| Pride Point and Progress Point | Two Bedroom | 2BR,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 | $1,446 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Vessel - Bank Street | One Bedroom One Bath | 1BR,1BA | $1,660 |
| Nutmeg Woods | The Aspen | 1BR,1BA | $1,667 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $1,700 |
Best Value Apartments for Rent in Old Lyme, CT
As of September 11, 2026 the best value apartment in the Old Lyme area is the $1.95 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,815. The second greatest value Old 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 Old Lyme apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cove at Gateway Commons | Anchor Townhome | 3BR,2.5BA | $1.95 |
| The Edgewater | Sailfish | 2BR,1.5BA | $2.00 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Colchester Estates | Colchester 2 Bed x 1 Bath | 2BR,1BA | $1.83 |
| ReNew Washington Park | Brookside | 2BR,1BA | $2.13 |
| 70 Pond Meadow Rd | 2 Bedroom | 2BR,1BA | $1.89 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.16 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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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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 120 Broad St listed at $1,400.
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 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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.