The Annex is a vibrant Toronto neighborhood known for its rich cultural scene, exceptional dining options, and proximity to the University of Toronto. When renting in The Annex, expect a diverse mix of historic homes and modern apartments. The area is popular among students, young professionals, and families due to its lively atmosphere and access to parks like Boulton Drive Park. Monthly rent can range significantly; for a one-bedroom apartment, anticipate costs between $1,800 to $2,500. Remember to account for utilities, which may not be included. Proximity to the subway is a plus, making commuting convenient. Exploring local coffee shops and pubs can give you a feel for the community, so don’t hesitate to spend some time in the area before making a decision.