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Cheap Apartments for Rent in the South Lyme Neighborhood of Old Lyme, CT from $1,200 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lyme area of Old Lyme.
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Rent Specials
from $1,3802 Bedroom Apartments Contact Us For Availability
Deerfield Village
10 King Arthur DrNiantic, CT 06357
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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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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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 1 Bedroom Apartments | $1,835 | $1,200 | $1,995 |
| South Lyme 2 Bedroom Apartments | $2,299 | $1,380 | $3,000 |
| South Lyme 3 Bedroom Apartments | $3,486 | $3,395 | $3,550 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the South Lyme Neighborhood of Old Lyme, CT.
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South Lyme, Old Lyme, CT Local Guide
- Nearby Old Lyme neighborhoods
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Cheapest Available South Lyme Apartments for Rent
The cheapest available apartment rental in the South Lyme area of Old Lyme, CT is a 1 Bed unit found at Morton House priced from $1,200. Bay Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here are the most affordable South Lyme apartments for rent in Old Lyme, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Bay Point Apartments | The Anchor | 1BR,1BA | $1,800 |
| The Edgewater | Sailfish | 2BR,1BA | $2,695 |
Best Value Apartments for Rent in South Lyme, CT
As of June 02, 2025 the best value apartment in the South Lyme area is the $1.90 price per square foot Sailfish Model at The Edgewater in the in the South Lyme neighborhood starting from $2,695. The second greatest value South Lyme apartment is the The Anchor Model at Bay Point Apartments starting at $1,800 with a $3.10 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 | $1.90 |
| Bay Point Apartments | The Anchor | 1BR,1BA | $3.10 |
| Morton House | Efficiency | 1BR,1BA | $3.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSouth Lyme, Old Lyme, CT
Ranked #1
Among neighborhoods in Old Lyme, CT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap South Lyme Apartments
How much is rent for a Cheap One Bedroom South Lyme Apartment?
The lowest price for a Cheap One Bedroom South Lyme Apartment is $1,200 at Morton House.
What is the lowest price for a Cheap Two Bedroom South Lyme Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Lyme is starting from $2,695 at The Edgewater.
What is the most affordable South Lyme Three Bedroom Apartment?
The best deal on a cheap South Lyme Three Bedroom Apartment rental is at The Edgewater and starts from $3,250.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.