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Cheap Apartments for Rent in the South Lyme Neighborhood of Old Lyme, CT from $1,300 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Lyme area of Old Lyme.
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Rent Specials
from $1,3802 Bedroom Apartments Contact Us For Availability
Deerfield Village
10 King Arthur DrNiantic, CT 06357
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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 an apartment in South Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lyme 1 Bedroom Apartments | $1,963 | $1,900 | $1,995 |
| South Lyme 2 Bedroom Apartments | $1,799 | $1,380 | $2,750 |
| South Lyme 3 Bedroom Apartments | $3,126 | $2,011 | $3,550 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the South Lyme Neighborhood of Old Lyme, CT.
See all Apartments in Old LymeExplore Old Lyme
South Lyme, Old Lyme, CT Local Guide
- Nearby Old Lyme neighborhoods
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Cheapest Available South Lyme Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Edgewater | Sailfish | 2BR,1BA | $1,821 |
| Bay Point Apartments | The Anchor | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in South Lyme, CT
As of March 28, 2025 the best value apartment in the South 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 South Lyme apartment is the The Anchor Model at Bay Point Apartments starting at $1,900 with a $3.27 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. |
|---|---|---|---|
| The Edgewater | Parker | 3BR,3BA | $1.57 |
| Bay Point Apartments | The Anchor | 1BR,1BA | $3.27 |
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Pet Friendly LifestyleSouth Lyme, Old Lyme, CT
Ranked #1
Among neighborhoods in Old Lyme, CT for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap South Lyme Apartments
How much is rent for a Cheap One Bedroom South Lyme Apartment?
The lowest price for a Cheap One Bedroom South Lyme Apartment is $1,900 at Bay Point Apartments.
What is the most affordable South Lyme Three Bedroom Apartment?
The best deal on a cheap South 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.
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.