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Rental Market Trends in East Lyme, CT

What is the average rent in East Lyme, CT?

$2,150/month

Average Rent

778 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

East Lyme, CT Rental Market Overview

The average rent in East Lyme, CT is $2,150 per month. This is 31% higher than the national average rent price of $1,644/month, making East Lyme one of the most expensive cities in the US.

  • Studio apartments in East Lyme average $1,800 per month.
  • One-bedroom apartments in East Lyme average $2,150 per month.
  • Two-bedroom apartments in East Lyme average $2,630 per month.
  • Three-bedroom apartments in East Lyme average $2,871 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,800/month
600 Sq Ft
One Bedroom
$2,150/month
778 Sq Ft
Two Bedroom
$2,630/month
1,178 Sq Ft
Three Bedroom
$2,871/month
1,638 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$3,366/month
1,716 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 increased by 1.3%, which averages out to $29 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in East Lyme, CT
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in East Lyme, CT
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
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,302/month
744 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,302/month
744 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southwest New London/Lyme
$2,302/month
744 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in East Lyme, CT?

Because the average rent in East Lyme is $2,150, you’ll want to make about $7,166 per month or $85,992 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.

City

East Lyme, CT

65 Available Apartments for Rent

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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.

Explore the Area Guide for East Lyme, CT

Apartment Averages

Southwest New London/Lyme

East Lyme, CT

Southwest New London/Lyme

East Lyme, CT

Studio
$1,800/month
$1,800/month
One Bedroom
$1,785/month
$1,785/month
Two Bedroom
$2,394/month
$2,394/month
Three Bedroom
$2,928/month
$2,928/month
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Nearby City Rent Trends

  • Waterford Average Rent
  • New London Average Rent

Apartment communities in East Lyme we think you'll love

The Cove at Gateway Commons

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

The Sound at Gateway Commons

The Sound at Gateway Commons

1 Maple Tree Ln,
East Lyme, CT 06333

$1,815 - $3,065 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Rocky Neck Village

Rocky Neck Village

277 R West Main St,
East Lyme, CT 06333

$1,491 - $2,650 Total Monthly Price

3 Beds | 12 Month Lease

The Edgewater

The Edgewater

94 N Bridebrook Rd,
Niantic, CT 06357

$2,046 - $3,715 Total Monthly Price

2-3 Beds | 12 Month Lease

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United States Connecticut East Lyme Rental Trends

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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity