Apartments for Rent in Crescent Town, Toronto, ON

Crescent Town, Toronto apartment availability

Crescent Town's rental market offers a good selection of listings, with an average of about 49 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer popular amenities such as pet-friendliness, with 71% allowing pets, and assigned parking, available in nearly 73% of apartments. This makes Crescent Town a great option for renters with pets or those who value the convenience of designated parking.

Crescent Town, Toronto rental market trends

Crescent Town's rental market experienced a significant shift in 2024, with average monthly rents (all bed counts and property types) reaching $2,510. This represents a substantial change from the previous year. Breaking it down by bed count, 1-bedrooms average $2,125 per month, 2-bedrooms $2,869, and studios $1,766.

The rental market in Crescent Town tends to peak in the spring, with May typically seeing the highest rents, 12% higher than February, the month with the lowest rents. This suggests that those searching for a new apartment in the spring can expect to pay a premium. Conversely, those looking to rent in the winter months may find more affordable options. Notably, the data indicates a significant year-over-year change in rent prices, which may be worth considering for those navigating the Crescent Town rental market.

Why Crescent Town, Toronto is a great place to live

Crescent Town stands out for its commitment to environmental sustainability and vibrant social life. The neighborhood's focus on eco-friendly living is evident in its use of non-toxic paint, waste recycling, and composting programs, as well as its incorporation of sustainable materials in construction. The presence of community solar projects, low-flow fixtures, and thermostats further contribute to its environmental sustainability. With a strong walk score and transit score, residents can easily get around without relying on cars, making it an attractive option for those who value social living. The neighborhood's safety and well-developed street infrastructure also make it an ideal spot for those who enjoy being out and about with friends. Overall, Crescent Town offers a unique blend of eco-conscious living and social connectivity.