Rent in Old Lyme, CT
A 2-bedroom in Old Lyme, CT (ZIP 06371) typically rents for about $2,301 a month, with a range of $1,871–$2,730. Owner-occupied homes in Lower Connecticut River Valley Planning Region pay about 1.67% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,900 | $1,346–$1,900 | 1 |
| 1 bed | $1,655 | $1,129–$2,180 | 1 |
| 2 beds | $2,301 | $1,871–$2,730 | 1 |
| 3 beds | $2,824 | $2,398–$3,250 | 1 |
| 4 beds | $3,590 | $2,542–$3,590 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Old Lyme ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Old Lyme, CT?
- About $2,301 a month: the median of the typical rents in 1 ZIP code, which range from $1,871–$2,730. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Old Lyme, CT?
- About $1,655 a month: the median of the typical rents in 1 ZIP code, which range from $1,129–$2,180. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Old Lyme, CT?
- About $2,824 a month: the median of the typical rents in 1 ZIP code, which range from $2,398–$3,250. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Old Lyme, CT?
- About $1,900 a month: the median of the typical rents in 1 ZIP code, which range from $1,346–$1,900. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Old Lyme, CT?
- About $3,590 a month: the median of the typical rents in 1 ZIP code, which range from $2,542–$3,590. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Old Lyme, CT?
- Owner-occupied homes in Lower Connecticut River Valley Planning Region pay a typical 1.67% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Old Lyme rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).