
Cheap Apartments for Rent in Old Lyme, CT from $900 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Old Lyme.


Oxoboxo Lofts

Harbortree Apartments

Villages at Shore Landing

Highland Apartments

Courtview Square Apartments

Deerfield Village

Peppertree Apartments

Faire Harbour Landings

The Docks

164 A Main St
Old Lyme, CT Local Guide

How much does it cost to rent an apartment in Old Lyme?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Lyme Studio Apartments | $1,621 | $1,045 | $1,950 |
Old Lyme 1 Bedroom Apartments | $2,106 | $905 | $2,900 |
Old Lyme 2 Bedroom Apartments | $2,263 | $1,084 | $3,684 |
Old Lyme 3 Bedroom Apartments | $2,996 | $1,855 | $3,795 |
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Old Lyme, CT Local Guide
- Old Lyme Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Old Lyme, CT
Pricing Updated: 03/09/2025Current apartment rentals in the Old Lyme, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Old Lyme Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
South Lyme | $3,325 | $1,380 | 435 |
Cheapest Available Old Lyme Apartments for Rent and Nearby
 The cheapest available apartment rental in Old 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 Old 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 |
Villages at Shore Landing | Cove | Studio,1BA | $1,285 |
The Docks | Open 1 BR 1.06 | Studio,1BA | $1,480 |
Best Value Apartments for Rent in Old Lyme, CT and Nearby
As of March 09, 2025 the best value apartment in the Old 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 Old 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 Old 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 |
Colchester Estates | Beautiful Remodeled and Upgraded Townhouse in C... | 2BR,1BA | $1.80 |
Fieldside Apartments | 2BR 1 BR Plus Office Space 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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Best Local Schools in Old Lyme, CT
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Getting Around Old Lyme, CT
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Lyme Apartments
What is the Cheapest Studio apartment in Old Lyme?
Currently the most affordable Cheap Studio Apartment in Old Lyme is at 8 Bank St listed at $1,150.
How much is rent for a Cheap One Bedroom Old Lyme Apartment?
The lowest price for a Cheap One Bedroom Old Lyme Apartment is $922 at Oxoboxo Lofts.
What is the lowest price for a Cheap Two Bedroom Old Lyme Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Lyme is starting from $1,084 at Oxoboxo Lofts.
What is the most affordable Old Lyme Three Bedroom Apartment?
The best deal on a cheap Old Lyme Three Bedroom Apartment rental is at The Edgewater and starts from $2,011.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.