The average monthly rent of apartments in East Lyme, CT is $2,522.
Let's find your perfect rental
Rental prices in East Lyme, CT have increased by 1.35% over the past year. The average rent moved from $2,489 to $2,522.
Compared to the national average rent of $1,740, the average rent in East Lyme, CT is $2,522.
The average monthly rent of apartments in East Lyme, CT is $2,522.
About 28% of apartment rents in East Lyme, CT range between $2,501-$3,000. Meanwhile, apartments around > $3,000 represent 22% of apartments. Around 22% of East Lyme’s apartments are in the $2,001-$2,500 price range. 28% of apartments are priced between $1,501-$2,000.
The largest share of rentals in East Lyme, CT (28%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in East Lyme, CT is $2,397.
In East Lyme, 24% of the residents are renting compared to 76% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of East Lyme's rentals, 61% are small-scale complexes with under 50 units, and 26% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in East Lyme are about 12 years old, on average. Of these, 88% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Studio apartments in East Lyme are around 5% of rentals, while 1-bedroom floor plans represent 54% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 32% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
East Lyme, Connecticut, positioned along the Long Island Sound and a part of New London County, offers proximity to major cities like Hartford and New Haven, both roughly two hours away by car. This coastal town attracts renters primarily due to its thriving tourism sector and growing healthcare and retail industries. Recreational areas such as Rocky Neck State Park provide picturesque landscapes and opportunities for various outdoor activities, from hiking to swimming. East Lyme's arts scene is modest but growing, with local galleries and occasional performances at the East Lyme High School auditorium. The town is steeped in history, evident in its preserved buildings and the Smith-Harris House Museum. East Lyme boasts a variety of dining options, with an emphasis on seafood and American cuisine, complemented by diverse offerings such as Italian and Asian cuisines. For families considering moving to East Lyme, the public school district is well-regarded, offering robust educational programs and strong sports facilities.
East Lyme features a range of rental options from single-family homes to modern apartments, primarily spread across neighborhoods like Niantic and Flanders. Niantic, close to the coastline, offers a mix of charming older homes and newer developments, with many properties offering views of Niantic Bay. Architecturally, the area includes colonial-style homes and contemporary apartment complexes. Flanders presents a quieter, more suburban environment, appealing particularly to families and older adults. Rentals here often feature spacious yards and proximity to local schools and shopping areas.
East Lyme provides a variety of shopping experiences. The primary shopping hub is the Flanders Plaza, which hosts a collection of national retail stores and local businesses. Niantic Main Street is known for its assortment of unique small shops offering everything from books at the famous Book Barn to artisanal goods and antiques. For grocery needs, residents typically frequent chain supermarkets like Stop & Shop, along with local markets such as Flanders Fish Market for fresh seafood.
While East Lyme is largely car-dependent, it offers several local public transportation options, including Southeast Area Transit District buses that serve the wider region. These buses connect residential areas with commercial and employment centers, and there are apps available for route planning and fare payment. Moreover, the Shore Line East train service provides access to larger cities in Connecticut and beyond, with a station conveniently located in neighboring Old Saybrook. The nearest airports are Groton-New London Airport for regional flights and Bradley International Airport for national and international travel, ensuring connectivity to broader destinations.
Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.
Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!