Cheap Homes for Rent in the South Lyme Neighborhood of Old Lyme, CT from $1,700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Lyme area of Old Lyme.

property at 42 Sea Breeze Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

4 Bedroom, 2 Bath Home for Rent

Available Now

42 Sea Breeze Ave

East LymeCT06357
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 39 Brockett Rd

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 1 Bath Home for Rent

Available Now

39 Brockett Rd

East LymeCT06357
property at 5 Meriden Rd

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

4 Bedroom, 2 Bath Home for Rent

Available Now

5 Meriden Rd

Old LymeCT06371
property at 18 Clifton St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

2 Bedroom, 1 Bath Home for Rent

Available Now

18 Clifton St

Old LymeCT06371

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.

property at 34 Brightwater Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1 Bath Home for Rent

Available Now

34 Brightwater Rd

East LymeCT06357
property at 49 Indianola Rd

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

3 Bedroom, 1.5 Bath Home for Rent

Available Now

49 Indianola Rd

East LymeCT06357
property at 7 Central Ave

$2,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

7 Central Ave

NianticCT06357
property at 29 Center Beach Ave

$2,600

Total Monthly Price9 Month Lease Term

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

29 Center Beach Ave

Old LymeCT06371
property at 7 Nehantic Dr

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

3 Bedroom, 2 Bath Home for Rent

Available Now

7 Nehantic Dr

East LymeCT06357

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.

Cheapest Available South Lyme Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Rocky Neck Village3 bed - 50%3BR,2BA$1,491
The EdgewaterSailfish-Workforce2BR,1BA$1,835

Best Value Apartments for Rent in South Lyme, CT

As of July 28, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The EdgewaterSailfish2BR,1.5BA$1.99
Rocky Neck Village3 bedroom - MKT3BR,2BA$1.88

Frequently Asked Questions about South Lyme

What type of rentals are currently available in South Lyme?

There are currently 13 Apartments for Rent in South Lyme, CT with pricing that ranges from $1,491 to $3,815. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lyme ranging from $1,750 to $6,000.

What is the current price range for Rental Homes in South Lyme?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Lyme ranges from $1,750 to $6,000 with an average monthly rent of $2,692.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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.