The Cove at Gateway Commons
1 Lighthouse Ln,
East Lyme, CT 06333
1-3 Beds | $2,515 - $3,815
Rental Market Trends in East Lyme, CT
Updated July 2026
The average rent in East Lyme, CT is $2,213/month.
Rent in East Lyme is 33% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.
$2,213/month
Average Rent
778 Sq Ft
Average Size
+9.9%
Change / Year
93
Available Apartments
East Lyme rent varies by unit size and layout:
- Studio apartments in East Lyme average $1,835 per month.
- One-bedroom apartments in East Lyme average $2,213 per month.
- Two-bedroom apartments in East Lyme average $2,702 per month.
- Three-bedroom apartments in East Lyme average $2,878 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in East Lyme, CT?
In the past year, rent has increased by 9.9%, which averages out to $221 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in East Lyme, CT
July 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
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 $2,213, you’ll want to make about $7,376 per month or $88,512 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.
View the East Lyme Area GuideStudio
$1,835/month
$1,835/month
One Bedroom
$1,810/month
$1,810/month
Two Bedroom
$2,444/month
$2,444/month
Three Bedroom
$2,904/month
$2,904/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in East Lyme We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in East Lyme?
The average rent in East Lyme is $2,213 per month, which is 33.2% higher than the national average of $1,662.
What is the average rent for a house in East Lyme?
The average rent for a house in East Lyme, CT is $2,865 per month.
Are rents going up or down in East Lyme?
Rents in East Lyme, CT are increasing, with prices up 9.9% year-over-year and $221 more per month.
What rent range is most common in East Lyme?
In East Lyme, CT, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.