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Crescent Halls is a 105-unit apartment building owned and operated by the Charlottesville Redevelopment and Housing Authority. The structure, located at the intersection of Monticello Avenue and Second Street SE, was built in 1976 98 units are one bedroom with the rest having two bedrooms.
The average monthly rent in 2011 for a one-bedroom unit is $248. A two bedroom unit is $314. 
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After many years of talk, rehabilitation of Crescent Halls is underway. 
For years, residents have complained about dilapidated conditions at the facility. 
A previous master plan adopted by the CRHA in July 2010 had Crescent Halls slated to be one of the first projects in the CRHA's redevelopment process. The master plan created by Wallace Roberts & Todd estimated the renovation would cost as much as $5.75 million at the time.  Two units will be lost due to the renovation.
- "Charlottesville : CRHA Sites." Charlottesville : Home. Web. 30 Aug. 2010. <http://www.charlottesville.org/Index.aspx?page=710>.
- Web. CHRA MOU Report - November 6, 2011, City of Charlottesville, Department of Neighborhood Services, retrieved December 5, 2011.
- Web. Planning Commission to hold work session on South First Street redevelopment, Nolan Stout, Daily Progress, World Media Enterprises, October 26, 2019, retrieved October 27, 2019. Print. October 27, 2019 page A1.
- Web. Charlottesville Investing in Affordable Housing Upgrades, Dannika Lewis, NBC 29, Charlottesville, Virginia, December 26, 2011, retrieved December 29, 2011.
- Dixit, Rachana. "Crescent Halls' Fate Lies in Structural Soundness Study | Daily Progress." Home | Daily Progress. 30 Aug. 2010. Web. 30 Aug. 2010. <http://www2.dailyprogress.com/news/2010/aug/29/crescent-halls-fate-lies-structural-soundness-stud-ar-478711/>.