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1 to 2 Bedroom Apartments
67-69 Hartford Ave
67-69 Hartford AveOld Lyme, CT 06371
Cheap Apartments for Rent in the South Lyme Neighborhood of Old Lyme, CT from $1,400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lyme area of Old Lyme.
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1 Bedroom Apartments
14 Purtill Ave
14 Purtill AveOld Lyme, CT 06371
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$1,491 - $2,650
Total Monthly Price12 Month Lease Term
3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,491 - $2,650
Total Monthly Price
$1,491 - $2,650
Rocky Neck Village
277 R West Main StEast Lyme, CT 06333
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Rent Specials
$2,046 - $3,935
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,011 - $3,900
Required Monthly Fees
$35
Total Monthly Price
$2,046 - $3,935
The Edgewater
94 N Bridebrook RdNiantic, CT 06357
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2 Bedroom Apartments
Pondcliff
97 W Main StNiantic, CT 06357
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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3 Bedroom Apartments
Dodgetown Condominiums
81 E Pattagansett RdNiantic, CT 06357
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1 to 2 Bedroom Apartments
Sea Spray Condominiums
15 Freedom WayNiantic, CT 06357
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Studio Apartments
AHEPA 250 Senior Apartments
267 Roxbury RdNiantic, CT 06357
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1 to 2 Bedroom Apartments
AHEPA 250 V Senior Apartments
269 Roxbury RdNiantic, CT 06357
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Studio Apartments
AHEPA 250 IV Senior Apartments
265 Roxbury RdNiantic, CT 06357
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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South Lyme, 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 South Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lyme 2 Bedroom Apartments | $2,985 | $2,960 | $3,010 |
| South Lyme 3 Bedroom Apartments | $2,922 | $1,491 | $3,815 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the South Lyme Neighborhood of Old Lyme, CT.
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Cheapest Available South Lyme Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rocky Neck Village | 3 bed - 50% | 3BR,2BA | $1,491 |
| The Edgewater | Grady | 3BR,2BA | $2,046 |
Best Value Apartments for Rent in South Lyme, CT
As of June 23, 2026 the best value apartment in the South Lyme area is the $1.99 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,830. The second greatest value South Lyme apartment is the 3 bedroom - MKT Model at Rocky Neck Village starting at $2,650 with a $1.88 price per square foot in the South Lyme neighborhood. Here is today’s list of the best values for South Lyme apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Edgewater | Sailfish | 2BR,1.5BA | $1.99 |
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
Frequently Asked Questions about Cheap South Lyme Apartments
How do the prices of cheap apartments compare to the average apartment in South Lyme?
Cheap apartments in South Lyme have an average cost of $741 which is $2,341 cheaper than the average rent for all rentals in South 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.