
Cheap Apartments for Rent in Mississauga, ON from $1,200 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Mississauga.


2100 Camilla Rd

2440 Hurontario St

Seville East & West

549-573 N Service Rd

4039 Midhurst Ln

Equity Place

The Omeath

Forest Park Circle Ltd.
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.

Park Heights Limited

30 High St E

2360 Bonner Rd

2177 Sherobee Road

2211 Sherobee Road

2170 Sherobee Road

Linwood Apartment

Bristol Arms Apartment

3141 Jaguar Valley
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.

Westdale Apartments

Roxdin Court

3121 Kirwin Ave

La Belfontaine

Centennial Towers

Hurontario

Seville West

Linda Court

2360 Bonner Rd
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.

1780 Bloor St E

The Horizon Apartments

7256 Airport Rd

2111 Roche Ct

2353 PARKTOWERS APARTMENTS

Lake Promenade Community

Two Ten Apartments

1 Rabbit Ln

620 Martin Grove Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

220 Steeles Avenue West

365 Kennedy Rd
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 | $1,933 | $1,549 | $2,175 |
| Cheap Mississauga 1 Bedroom Apartments | $2,313 | $1,720 | $2,710 |
| Cheap Mississauga 2 Bedroom Apartments | $2,894 | $1,895 | $3,515 |
| Cheap Mississauga 3 Bedroom Apartments | $3,098 | $2,310 | $4,200 |
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Mississauga, ON Local Guide
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Cheapest Neighborhoods for Apartments in Mississauga, ON
Pricing Updated: 01/23/2026Current apartment rentals in the Mississauga, ON area range in price from $1,519 to $4,200 with an overall median price of $2,795. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $1,960, Clarkson Lorne Park at $1,785, and Port Credit at $1,549. 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 | $1,960 | $1,960 | 1 |
| Clarkson Lorne Park | $2,350 | $1,785 | 29 |
| Port Credit | $2,900 | $1,549 | 88 |
| Mississauga Centre Streetsville | $3,010 | $1,519 | 702 |
| Churchill Meadows Erin Mills | $3,050 | $1,895 | 52 |
| Meadowvale | $3,130 | $1,895 | 39 |
| Cooksville | $3,170 | $1,550 | 455 |
Cheapest Available Mississauga Apartments for Rent
 The cheapest available apartment rental in Mississauga, ON is a Studio unit found at Westdale Apartments in the Cooksville neighborhood priced from $1,490. 1051-1061 Seneca Av in the Mississauga Centre Streetsville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,549. Here is today’s list of the most affordable Mississauga apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westdale Apartments | Bachelor | Studio,1BA | $1,490 |
| 1051-1061 Seneca Av | Bachelor | Studio,1BA | $1,549 |
| 2440 Hurontario St | Bachelor Suite | Studio,1BA | $1,595 |
| 3121 Kirwin Ave | Studio, 1 bath | Studio,1BA | $1,645 |
| Seville East & West | Studio | Studio,1BA | $1,649 |
| 549-573 N Service Rd | Bachelor | 1BR,1BA | $1,699 |
| 620 Martin Grove Rd | 1 Beds, 1 Baths | 1BR,1BA | $1,715 |
| Lake Promenade Community | 1 BEDROOM | 1BR,1BA | $1,725 |
| Equity Place | 1 Bedroom | 1BR,1BA | $1,750 |
| Forest Park Circle Ltd. | One Bedroom | 1BR,1BA | $1,785 |
Best Value Apartments for Rent in Mississauga, ON
As of January 23, 2026 the best value apartment in the Mississauga area is the $1.54 price per square foot 3 Beds, 1 Baths Model at Bloor and Havenwood Townhomes in the in the Mississauga Centre Streetsville neighborhood starting from $2,795. The second greatest value Mississauga apartment is the Type A Model at 3400 The Credit Woodlands Townhomes starting at $2,795 with a $1.55 price per square foot in the Churchill Meadows Erin Mills 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 | $1.54 |
| 3400 The Credit Woodlands Townhomes | Type A | 3BR,1.5BA | $1.55 |
| Waterford Townhouses | 3 Bed 1.5 Bath A | 3BR,1.5BA | $2.12 |
| 1300 Forestwood Dr | Type B | 3BR,2BA | $1.82 |
| Erin Centre Village | D | 3BR,2.5BA | $2.27 |
| Heartland North | 3 | 3BR,2BA | $2.27 |
| Rambler Tower | 2 Bedroom, 1 Bathroom | 2BR,1BA | $2.25 |
| Westdale Apartments | 2 Bedroom | 2BR,1BA | $2.29 |
| Bromsgate Apartments | 1 Bedroom | 1BR,1BA | $2.15 |
| Equity Place | 1 Bedroom | 1BR,1BA | $2.26 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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!
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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 $1,785.
What is the price of a cheap apartment in Mississauga?
The cheapest apartment in Mississauga is 549-573 N Service Rd which is listed at $1,699, while the average apartment in Mississauga costs $2,795.
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 798 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 $913 which is $1,882 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.