
Cheap Homes for Rent in East Lyme, CT from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in East Lyme.


30 Terrace Dr

18 Prospect St

42 Spring Glen Rd

48 Swan Ave

7 Tiffany Ave

23 Saunders Dr

42 Sea Breeze Ave
East Lyme, CT Local Guide

How much does it cost to rent a home in East Lyme?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Lyme 2 Bedroom Homes for Rent | $2,428 | $1,595 | $3,000 |
East Lyme 3 Bedroom Homes for Rent | $2,703 | $1,800 | $3,225 |
East Lyme 4 Bedroom Homes for Rent | $9,775 | $2,200 | $10,000+ |
East Lyme 5 Bedroom Homes for Rent | $4,500 | $4,000 | $5,000 |
Browse Top Homes for Rent in East Lyme
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East Lyme, CT Local Guide
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Cheapest Available East Lyme Apartments for Rent
 The cheapest available apartment rental in East Lyme, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Crocker House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable East Lyme apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oxoboxo Lofts | 1 Bedroom | 1BR,1BA | $922 |
Crocker House | Studio | 1BR,1BA | $1,100 |
8 Bank St | Studio | Studio,1BA | $1,150 |
Best Value Apartments for Rent in East Lyme, CT
As of March 25, 2025 the best value apartment in the East Lyme area is the $1.57 price per square foot Parker Model at The Edgewater in the in the South Lyme neighborhood starting from $3,395. The second greatest value East Lyme apartment is the Anchor Townhome Model at The Cove at Gateway Commons starting at $3,795 with a $1.94 price per square foot in the Southwest New London Lyme neighborhood. Here is today’s list of the best values for East Lyme apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Edgewater | Parker | 3BR,3BA | $1.57 |
The Cove at Gateway Commons | Anchor Townhome | 3BR,2.5BA | $1.94 |
The Sound at Gateway Commons | The Waterford | 2BR,2BA | $2.26 |
Bayonet Street Apartments | Two Bed Small | 2BR,2BA | $1.97 |
Fieldside Apartments | 2BR 1 BR w/ Heat & Hot Wate | 2BR,1BA | $1.68 |
Peppertree Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.92 |
Oxoboxo Lofts | 2 Bedroom | 2BR,2BA | $1.97 |
Groton Towers | Mystic | 1BR,1BA | $2.05 |
Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.04 |
8 Bank St | Studio | Studio ,1BA | $1.53 |
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Frequently Asked Questions about East Lyme
What type of rentals are currently available in East Lyme?
There are currently 66 Apartments for Rent in East Lyme, CT with pricing that ranges from $905 to $3,795. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lyme ranging from $1,050 to $40,000.
What is the current price range for Rental Homes in East Lyme?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lyme ranges from $1,050 to $40,000 with an average monthly rent of $4,792.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.