Cheap Apartments for Rent in the Crescent Town Neighborhood of Toronto, ON from $1,000 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Crescent Town area of Toronto.

property at 2938 Danforth Ave

$1,499 - $1,599

Studio To 1 Bedroom Rentals

Available Now

2938 Danforth Ave

TorontoONM4C 1M5

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.

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Bela Square
Rent Specials
$1,742 - $4,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,742 - $4,300

Total Monthly Price
$1,742 - $4,300
1 to 4 Bedroom Apartments Available Now

Bela Square

100 Eastdale AvToronto, ON M4C 0B6
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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Park Vista Apartments
$1,060 - $2,870Studio to 3 Bedroom Apartments

Park Vista Apartments

7 Park VisToronto, ON M4B 1A4
Furnished
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Park Vista Apartments
$1,590 - $2,870Studio to 3 Bedroom Apartments

Park Vista Apartments

6 Park VisToronto, ON M4B 1A2

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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 90 Eastdale priced from $1,295. Crescent Town has the second lowest priced unit, which is a Studio apartment currently listed from $1,329. Here are the most affordable Crescent Town apartments for rent in Toronto, ON:

Apartment ListingModel NameBed/BathPriced From
90 EastdaleSuite 114Studio,1BA$1,295
Crescent TownBachelorStudio,1BA$1,329
Goodwood ApartmentsBachelorStudio,1BA$1,500
Cambridge Place ApartmentsBachelor AStudio,1BA$1,595
2938 Danforth Ave2 bedroom2BR,1BA$1,599

Best Value Apartments for Rent in Crescent Town, ON

As of June 15, 2026 the best value apartment in the Crescent Town area is the $2.88 price per square foot 2 Bedroom Model at 165-195 Barrington Ave in the in the Crescent Town neighborhood starting from $2,300. The second greatest value Crescent Town apartment is the Suite 08B Model at 2 Secord Ave starting at $2,045 with a $2.96 price per square foot in the Crescent Town neighborhood. Here is today’s list of the best values for Crescent Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
165-195 Barrington Ave2 Bedroom2BR,1BA$2.88
2 Secord AveSuite 08B1BR,1BA$2.96
2938 Danforth Ave2 bedroom2BR,1BA$2.67
Cambridge Place ApartmentsBachelor AStudio ,1BA$3.25
Bela SquareLAVENDER1BR,1BA$4.19
Crescent TownJr. 1 Bedroom1BR,1BA$3.44
Goodwood ApartmentsJr 1 Bedroom1BR,1BA$3.88
90 EastdaleSuite 114Studio ,1BA$3.47
Park Vista ApartmentsStudioStudio ,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 $1,742.

What is the price of a cheap apartment in Crescent Town?

The cheapest apartment in Crescent Town is 90 Eastdale which is listed at $1,500, while the average apartment in Crescent Town costs $3,734.

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 266 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 $2,437 which is $1,297 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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.