
Cheap Apartments for Rent in the Crescent Town Neighborhood of Toronto, ON from $1,060 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Crescent Town area of Toronto.


Goodwood Apartments

2938 Danforth Ave

Cambridge Place Apartments

2938 Danforth Ave

Park Vista Apartments

165-195 Barrington Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2 Secord Ave

390 Dawes Road

Total Monthly Price
Bela Square

65 Halsey Ave

Park Vista Apartments

24 Weymouth Ave

24 Weymouth Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

104 Goodwood Park Ct

104 Goodwood Park Ct

Park Vista Apartments

165 Barrington Ave

165 Barrington Ave

102 Goodwood Park Ct

102 Goodwood Park Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

46 Medhurst Rd

46 Medhurst Rd

3 Bexhill Ave

3 Bexhill Ave

5 Massey Square, Unit 407

5 Massey Square, Unit 407

3 Massey Square, Unit 502
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3 Massey Square, Unit 502
Crescent Town, Toronto, ON Local Guide
How much does it cost to rent an apartment in Crescent Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crescent Town Studio Apartments | $1,593 | $1,429 | $1,809 |
| Crescent Town 1 Bedroom Apartments | $2,165 | $1,579 | $2,710 |
| Crescent Town 2 Bedroom Apartments | $2,748 | $1,599 | $3,385 |
| Crescent Town 3 Bedroom Apartments | $3,053 | $2,695 | $3,800 |
| Crescent Town 4 Bedroom Apartments | $3,711 | $3,175 | $4,300 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Crescent Town Neighborhood of Toronto, ON.
See all Apartments in TorontoExplore Toronto
Cheapest Available Crescent Town Apartments for Rent
 The cheapest available apartment rental in the Crescent Town area of Toronto, ON is a Studio unit found at Crescent Town priced from $1,429. 2938 Danforth Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,525. Here are the most affordable Crescent Town apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crescent Town | Bachelor | Studio, 1BA | $1,429 |
| 2938 Danforth Ave | 2 bedroom | 2BR, 1BA | $1,525 |
| Goodwood Apartments | Jr 1 Bedroom | 1BR, 1BA | $1,600 |
| Park Vista Apartments | Studio | Studio, 1BA | $1,625 |
| 165-195 Barrington Ave | Jr. 1 Bedroom | 1BR, 1BA | $1,650 |
| Cambridge Place Apartments | 1 Bed 1 Bath B | 1BR, 1BA | $1,695 |
| 2 Secord Ave | Suite 04A | 1BR, 1BA | $1,810 |
| Bela Square | TRILLIUM | 1BR, 1BA | $1,945 |
| 390 Dawes Road | 2 bedroom, 1 bathroom with a balcony | 2BR, 1BA | $2,297 |
| Bela Square | Townhouse | 3BR, 2BA | $2,995 |
Best Value Apartments for Rent in Crescent Town, ON
As of September 23, 2026 the best value apartment in the Crescent Town area is the $2.36 price per square foot Townhouse Model at Bela Square in the Crescent Town neighborhood starting from $2,995. The second greatest value Crescent Town apartment is the 2 bedroom, 1 bathroom with a balcony Model at 390 Dawes Road in the Clairlea Birchmount neighborhood starting at $2,297 with a $2.50 price per square foot. Here is today’s list of the best values for Crescent Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bela Square | Townhouse | 3BR, 2BA | $2.36 |
| 390 Dawes Road | 2 bedroom, 1 bathroom with a balcony | 2BR, 1BA | $2.50 |
| 165-195 Barrington Ave | 2 Bedroom | 2BR, 1BA | $2.75 |
| Cambridge Place Apartments | 2 Bed 1 Bath G | 2BR, 1BA | $3.35 |
| 2 Secord Ave | Suite 04A | 1BR, 1BA | $2.62 |
| Crescent Town | Jr. 2 Bedroom | 1BR, 1BA | $3.95 |
| 2938 Danforth Ave | 2 bedroom | 2BR, 1BA | $2.77 |
| Bela Square | VIOLET | 1BR, 1BA | $4.21 |
| Goodwood Apartments | Jr 1 Bedroom | 1BR, 1BA | $4.00 |
| Park Vista Apartments | Studio | Studio, 1BA | $5.08 |
Frequently Asked Questions about Cheap Crescent Town Apartments
What is a cheap apartment in Crescent Town?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crescent Town is under $2,995.
What is the price of a cheap apartment in Crescent Town?
The cheapest apartment in Crescent Town is Crescent Town which is listed at $1,579, while the average apartment in Crescent Town costs $2,552.
What types of apartments are the cheapest in Crescent Town?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 184 regular apartments in Crescent Town that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Crescent Town?
Cheap apartments in Crescent Town have an average cost of $2,339 which is $213 cheaper than the average rent for all rentals in Crescent Town.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.