Cheap Apartments for Rent in Lyme, CT from $700 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lyme.

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Crocker House
1 to 2 Bedroom Apartments

Crocker House

35 Union StNew London, CT 06320
  • Utilities Included

Lyme, CT Local Guide

Cheapest Available Lyme Apartments for Rent and Nearby

 

The cheapest available apartment rental in 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 Lyme apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oxoboxo Lofts1 Bedroom1BR,1BA$922
Crocker HouseStudio1BR,1BA$1,100
8 Bank StStudioStudio,1BA$1,150
Morton HouseEfficiency1BR,1BA$1,200
Courtview Square ApartmentsA11BR,1BA$1,275

Best Value Apartments for Rent in Lyme, CT and Nearby

As of April 25, 2025 the best value apartment in the Lyme area is the $2.16 price per square foot Eastpointe Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,095. The second greatest value Lyme apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.90 price per square foot in the South Lyme neighborhood. Here is today’s list of the best values for Lyme apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsEastpointe Townhouse2BR,2BA$2.16
The EdgewaterSailfish2BR,1.5BA$1.90
The Sound at Gateway CommonsThe Waterford2BR,2BA$2.26
Bayonet Street ApartmentsTwo Bed Large2BR,2BA$1.86
Groton TowersBoston2BR,1BA$2.01
Colchester EstatesBeautiful Remodeled and Upgraded Townhouse in C...2BR,1BA$1.80
Eagle PointeTWO BEDROOM2BR,1BA$2.09
8 Bank StStudioStudio ,1BA$1.53
Peppertree Apartments1 Bedroom 1 Bathroom1BR,1BA$2.21
Oxoboxo Lofts1 Bedroom1BR,1BA$1.45

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Frequently Asked Questions about Cheap Lyme Apartments

What is the Cheapest Studio apartment in Lyme?

Currently the most affordable Cheap Studio Apartment in Lyme is at 8 Bank St listed at $1,150.

How much is rent for a Cheap One Bedroom Lyme Apartment?

The lowest price for a Cheap One Bedroom Lyme Apartment is $922 at Oxoboxo Lofts.

What is the lowest price for a Cheap Two Bedroom Lyme Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lyme is starting from $1,084 at Oxoboxo Lofts.

What is the most affordable Lyme Three Bedroom Apartment?

The best deal on a cheap Lyme Three Bedroom Apartment rental is at The Sound at Gateway Commons and starts from $2,895.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.