48 Swan Ave
Old LymeCT06371
Cheap Homes for Rent in South Lyme Neighborhood of Old Lyme, CT from $2,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the South Lyme area of Old Lyme.
5 Meriden Rd
Old LymeCT06371
42 Sea Breeze Ave
East LymeCT06357
3 S Rd
East LymeCT06357
49 Indianola Rd
East LymeCT06357
29 Prospect Ave
East LymeCT06357
2 Bidwell St
East LymeCT06357
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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 a home in South Lyme?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Lyme 2 Bedroom Homes for Rent | $2,700 | $2,400 | $3,000 |
| South Lyme 3 Bedroom Homes for Rent | $2,669 | $2,200 | $3,395 |
| South Lyme 4 Bedroom Homes for Rent | $5,025 | $2,200 | $10,000+ |
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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South Lyme, Old Lyme, CT Local Guide
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Cheapest Available South Lyme Apartments for Rent
The cheapest available apartment rental in the South Lyme area of Old Lyme, CT is a 1 Bed unit found at Morton House priced from $1,200. Bay Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here are the most affordable South Lyme apartments for rent in Old Lyme, CT:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Bay Point Apartments | The Anchor | 1BR,1BA | $1,900 |
| The Edgewater | Parker | 3BR,3BA | $3,395 |
Best Value Apartments for Rent in South Lyme, CT
As of April 18, 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 |
| Morton House | Efficiency | 1BR,1BA | $3.00 |
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Frequently Asked Questions about South Lyme
What type of rentals are currently available in South Lyme?
There are currently 17 Apartments for Rent in South Lyme, CT with pricing that ranges from $1,200 to $3,550. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Lyme ranging from $2,000 to $20,000.
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 $2,000 to $20,000 with an average monthly rent of $3,098.
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.
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.
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.