Average Rent in Old Lyme, CT and Rent Price Trends

Rent trends in Old Lyme, CT

Average rent prices in Old Lyme have decreased by 6% over the last month and have decreased by 15% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Old Lyme, CT

Rent prices in Old Lyme vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Old Lyme is $1,931, whereas a house costs $2,975. 1-bedroom apartments in Old Lyme run $1,938 on average, while 2-bedroom apartments are $2,725.


Studio	$1,650	1%	2%
1 bedroom	$1,890	13%	-
2 bedroom	$2,825	6%	19%
3 bedroom	$3,625	1%	57%
4 bedroom	$3,400	1%	92%

				Listings
Apartments	$1,931	27%	No Change
Houses	$2,975	3%	No Change

Studio

Average rent

$1,650

Last 30 days

Last year

1 bedroom

Average rent

$1,890

Last 30 days

13%

2 bedroom

Average rent

$2,825

Last 30 days

Last year

19%

3 bedroom

Average rent

$3,625

Last 30 days

Last year

57%

4 bedroom

Average rent

$3,400

Last 30 days

Last year

92%

The table above reflects average rent prices in Old Lyme, CT, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Old Lyme, CT compare to other cities?

Compare median rent prices in Old Lyme and Clinton by all bedroom counts and property types.

Old Lyme

Median rent price$2,550

31%

higher than the national median

Median rent price$1,900

lower than the national median

Takeaway

The median rent for all rentals in Old Lyme, CT is 34% higher than the median rent in Clinton, CT.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,900

$3,506

$1,750

$1,575

$2,250

$5,750

$3,100

$5,300

$35,000

$1,975

$2,300

$2,900

Discover rentals in Old Lyme, CT

5d+ ago

House for rent in Old Lyme

SINGLE_FAMILY - Old Lyme, CT

16 Springfield Rd, Old Lyme, CT 06371

3 beds

2 baths

$2,800

House for rent

5d+ ago

House for rent in Old Lyme

SINGLE_FAMILY - Old Lyme, CT

55 Swan Ave, Old Lyme, CT 06371

4 beds

2 baths

$2,950

House for rent

5d+ ago

House for rent in Old Lyme

SINGLE_FAMILY - Old Lyme, CT

51 Rogers Lake Trl, Old Lyme, CT 06371

3 beds

1 bath

$3,200

House for rent

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Frequently asked questions for Old Lyme, CT

Quick answers to common questions about the Old Lyme rental market.

How much is rent in Old Lyme?

The average rent in Old Lyme is $2,550 per month as of June 27, 2026.

Is rent up or down in Old Lyme?

Average rent prices in Old Lyme have decreased by 6% over the last month and have decreased by 15% since last year.

How does Old Lyme rent compare to the national average?

Rent in Old Lyme is 31% above the national average, which means renters are paying approximately $600 more per month.

What salary do I need to afford rent in Old Lyme?

To comfortably afford rent in Old Lyme, you'd need to earn approximately $102,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).