The Cove at Gateway Commons
1 Lighthouse Ln,
East Lyme, CT 06333
$2,515 - $3,815 Total Monthly Price
1-3 Beds | 12 Month Lease
Rental Market Trends in East Lyme, CT
What is the average rent in East Lyme, CT?
$2,121/month
Average Rent
778 Sq Ft
Average Apartment Size
0%
Decrease in the Last Year
As of March 2026, the average rent in East Lyme, CT is $2,121 per month. This is 30% higher than the national average rent price of $1,626/month, making East Lyme one of the most expensive cities in the US. When you rent an apartment in East Lyme, you can expect to pay about $1,800 per month for a studio, $2,121 for a one-bedroom apartment, and around $2,630 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,885 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in East Lyme, CT?
In the past year, rent has decreased by 0%, which averages out to $0 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in East Lyme, CT
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
100%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in East Lyme?
Based on current rent prices, Southwest New London/Lyme is the most affordable neighborhood in East Lyme.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in East Lyme?
Based on current rent prices, Southwest New London/Lyme is the most expensive neighborhood in East Lyme.
Neighborhood
Average Rent
Average Sq Ft
Which East Lyme neighborhoods have the most rentals available?
The neighborhood in East Lyme with the most apartments available is Southwest New London/Lyme .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in East Lyme, CT?
Because the average rent in East Lyme is $2,121, you’ll want to make about $7,070 per month or $84,840 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does East Lyme, CT compare to other nearby cities and neighborhoods?
Use the tool below to compare East Lyme, CT to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,800/month
$1,800/month
One Bedroom
$1,766/month
$1,766/month
Two Bedroom
$2,396/month
$2,396/month
Three Bedroom
$2,903/month
$2,903/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.