42 Sea Breeze Ave
East LymeCT06357
Cheap Homes for Rent in South Lyme Neighborhood of Old Lyme, CT from $1,700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lyme area of Old Lyme.
48 Swan Ave
Old LymeCT06371
157 W Main St
East LymeCT06357
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.
30 Old Shore Rd
Old LymeCT06371
34 Brightwater Rd
East LymeCT06357
49 Indianola Rd
East LymeCT06357
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.
41 Sunrise Ave
East LymeCT06357
Showing Results 1-7, Page 1 of 1
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 a home in South Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lyme 2 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| South Lyme 3 Bedroom Homes for Rent | $2,907 | $2,400 | $3,750 |
| South Lyme 4 Bedroom Homes for Rent | $3,653 | $1,750 | $6,000 |
| South Lyme 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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 13, 2026 the best value apartment in the South 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 South 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 South Lyme apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
Frequently Asked Questions about South Lyme
What type of rentals are currently available in South Lyme?
There are currently 12 Apartments for Rent in South Lyme, CT with pricing that ranges from $1,491 to $3,815. There are also 25 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 $2,976.
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
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.
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.