Average Rent in Old Lyme, CT and Rent Price Trends

Rent trends in Old Lyme, CT

Average rent prices in Old Lyme have remained the same over the last month and have decreased by 16% 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 $2,175, whereas a house costs $2,500. 1-bedroom apartments in Old Lyme run $2,025 on average, while 2-bedroom apartments are $2,295.


Studio	$1,100	No Change	23%
1 bedroom	$1,944	8%	9%
2 bedroom	$2,410	29%	14%
3 bedroom	$2,500	9%	7%
4 bedroom	$3,900	5%	68%


Apartments	$2,175	6%	No Change
Condos	$1,900	5%	-
Houses	$2,500	7%	No Change

Studio

Average rent

$1,100

Last 30 days

No Change

Last year

23%

1 bedroom

Average rent

$1,944

Last 30 days

Last year

2 bedroom

Average rent

$2,410

Last 30 days

29%

Last year

14%

3 bedroom

Average rent

$2,500

Last 30 days

Last year

4 bedroom

Average rent

$3,900

Last 30 days

Last year

68%

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$2,500

32%

higher than the national median

Median rent price$2,099

11%

higher than the national median

Takeaway

The median rent for all rentals in Old Lyme, CT is 19% higher than the median rent in Clinton, CT.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,099

$3,047

$2,100

$2,000

$1,847

$5,000

$3,500

$3,625

$35,000

$1,622

$2,300

$2,675

Discover rentals in Old Lyme, CT

5d+ ago

House for rent in Old Lyme

Residential Rental, Colonial, Old Lyme, CT

5 Meriden Rd, Old Lyme, CT 06371

4 beds

2 baths

$2,200

5d+ ago

House for rent in Old Lyme

Residential Rental, Old Lyme, CT

40 Portland Ave #1, Old Lyme, CT 06371

5 beds

2 baths

$2,800

New construction

5d+ ago

House for rent in Old Lyme

Residential Rental, Colonial, Old Lyme, CT

57 Swan Ave, Old Lyme, CT 06371

4 beds

2 baths

$2,950

Stay up to date with rental market insights

National Rent Report

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Annual Rent Report

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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 $2,500 per month as of September 26, 2026.

Is rent up or down in Old Lyme?

Average rent prices in Old Lyme have remained the same over the last month and have decreased by 16% since last year.

How does Old Lyme rent compare to the national average?

Rent in Old Lyme is 32% 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 $100,000/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).