
Cheap Apartments for Rent in Mississauga, ON from $1,400 (534 Rentals)
Search the lowest-cost Apartments available for rent right now in Mississauga.


2170 Sherobee Road

2211 Sherobee Road

1015 Orchard

1745 Bloor Holdings Inc.

600 & 620 Lolita Gardens

Seville East & West

2150 Roche

Bromsgate Apartments

Park Royal Village Apartments
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.

273 Lakeshore Rd E

3355 Ponytrail Dr

Equity Place

1130 Melton Dr

920 Inverhouse

1785 Bloor Holdings Inc.

2440 Hurontario St

1449 Glen Rutley Cir

401 Acumen Ct

425 Rathburn Rd E
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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1051-1061 Seneca Av

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The Carillon

2100 Camilla Rd

Forest Park Circle Ltd.

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28 Elizabeth Holdings Inc.

20 Elizabeth Street N

Lakewood Apartments II

The Elmwoods

121 Agnes Holdings Inc.

Park Heights Limited
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Dialogue

194 Breton Ave

Applewood Towers Apartments

3575 Kaneff Crescent

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The Park Fifty-Two

99 Agnes Holdings Inc.

12 Park St E

3269 Respond Rd

Morning Star Apartments

Lakewood Apartments I
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

26 Park Street East

Queensway Manor

The Forestwoods

The Maplewoods

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Dixie Square Apartments

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The Omeath

2797 Battleford Rd

Bridgewood Suites

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Lenworth Towers

The Arista
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Mississauga, ON Local Guide

How much does it cost to rent an apartment in Mississauga?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Mississauga Studio Apartments | $1,870 | $1,599 | $2,100 |
| Cheap Mississauga 1 Bedroom Apartments | $2,160 | $1,599 | $2,812 |
| Cheap Mississauga 2 Bedroom Apartments | $2,734 | $1,500 | $6,960 |
| Cheap Mississauga 3 Bedroom Apartments | $3,446 | $2,310 | $10,000+ |
| Cheap Mississauga 4 Bedroom Apartments | $7,353 | $2,900 | $10,000+ |
Browse Top Apartments in Mississauga
See all Apartments in MississaugaExplore Mississauga
Mississauga, ON Local Guide
- Mississauga Neighborhoods
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Cheapest Neighborhoods for Apartments in Mississauga, ON
Pricing Updated: 06/08/2026Current apartment rentals in the Mississauga, ON area range in price from $1,500 to $15,527 with an overall median price of $5,412. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $1,925, Clarkson Lorne Park at $1,649, and Cooksville at $1,599. Here is today’s list of the top 7 neighborhoods with the lowest median pricing for Mississauga Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Malton | $1,925 | $1,925 | 1 |
| Clarkson Lorne Park | $2,849 | $1,649 | 34 |
| Cooksville | $3,152 | $1,599 | 273 |
| Churchill Meadows Erin Mills | $3,195 | $1,900 | 57 |
| Meadowvale | $8,037 | $1,975 | 50 |
| Mississauga Centre Streetsville | $9,268 | $1,500 | 521 |
| Port Credit | $9,463 | $1,599 | 101 |
Cheapest Available Mississauga Apartments for Rent
 The cheapest available apartment rental in Mississauga, ON is a 1 Bed unit found at 2177 Sherobee Road in the Cooksville neighborhood priced from $1,599. Two Ten Apartments in the Brampton West neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,599. Here is today’s list of the most affordable Mississauga apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2177 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| Two Ten Apartments | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| 2211 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| 2170 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| 1745 Bloor Holdings Inc. | BACHELOR | Studio,1BA | $1,600 |
| 600 & 620 Lolita Gardens | Junior One Bedroom | 1BR,1BA | $1,625 |
| Bromsgate Apartments | 1 Bedroom | 1BR,1BA | $1,651 |
| Park Royal Village Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,695 |
| 21 Park Boulevard | 1 BEDROOM | 1BR,1BA | $1,725 |
| The Rivergate | Bachelor | Studio,1BA | $1,749 |
Best Value Apartments for Rent in Mississauga, ON
As of June 09, 2026 the best value apartment in the Mississauga area is the $1.48 price per square foot 3 Beds, 1 Baths Model at Bloor and Havenwood Townhomes in the in the Mississauga Centre Streetsville neighborhood starting from $2,695. The second greatest value Mississauga apartment is the 3 Bed 1.5 Bath A Model at Waterford Townhouses starting at $3,095 with a $1.77 price per square foot in the Milton Halton Hills neighborhood. Here is today’s list of the best values for Mississauga apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bloor and Havenwood Townhomes | 3 Beds, 1 Baths | 3BR,1BA | $1.48 |
| Waterford Townhouses | 3 Bed 1.5 Bath A | 3BR,1.5BA | $1.77 |
| Winding Trail Townhomes | 3 Bedroom (The Hazel) | 3BR,1.5BA | $2.10 |
| 340 Mill Rd | Two Bedroom Apartment | 2BR,1BA | $2.24 |
| Two Ten Apartments | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | $2.21 |
| Equity Place | 1 Bedroom | 1BR,1BA | $2.26 |
| Bromsgate Apartments | 1 Bedroom | 1BR,1BA | $2.17 |
| 2211 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.19 |
| 2170 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.21 |
| 2177 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.28 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mississauga, ON Rentals by Map
See the most popular apartments and homes in Mississauga, ON
Frequently Asked Questions about Cheap Mississauga Apartments
What is a cheap apartment in Mississauga?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mississauga is under $1,749.
What is the price of a cheap apartment in Mississauga?
The cheapest apartment in Mississauga is 2177 Sherobee Road which is listed at $1,599, while the average apartment in Mississauga costs $5,412.
What types of apartments are the cheapest in Mississauga?
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 449 regular apartments in Mississauga 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 Mississauga?
Cheap apartments in Mississauga have an average cost of $752 which is $4,660 cheaper than the average rent for all rentals in Mississauga.
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

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.

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.

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.