
Cheap Apartments for Rent in Mississauga, ON from $1,200 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Mississauga.


2211 Sherobee Road

2177 Sherobee Road

2300 Confederation Parkway

2170 Sherobee Road

549-573 N Service Rd

Bristol Arms Apartment

5440 Tenth Line W

Seville East & West
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.

976 Southfork Dr

Equity Place

The Omeath

Linwood Apartment

Brightstone

2440 Hurontario St

1449 Glen Rutley Cir

Total Monthly Price
The Carillon

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.

Roxdin Court

3121 Kirwin Ave

Hurontario

La Belfontaine

Seville West

Linda Court

Park Royal Village Apartments

1840 Bloor St

The Horizon Apartments
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.

Centennial Towers

7256 Airport Rd

1780 Bloor St E

2353 PARKTOWERS APARTMENTS

2111 Roche Ct

Two Ten Apartments

65 Fairfield Ave

Lake Promenade Community

The Compass Rental Residences
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.

13 Lady Evelyn Cres

270 Sheldon Ave

5 Capri Road

220 Steeles Avenue West

620 Martin Grove Rd

The Elmcrest

Sheldon Towers

1 Rabbit Ln

365 Kennedy Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,972 | $1,450 | $2,200 |
| Cheap Mississauga 1 Bedroom Apartments | $2,255 | $1,599 | $2,814 |
| Cheap Mississauga 2 Bedroom Apartments | $2,857 | $1,695 | $3,438 |
| Cheap Mississauga 3 Bedroom Apartments | $3,125 | $2,310 | $4,200 |
| Cheap Mississauga 4 Bedroom Apartments | $5,661 | $4,100 | $7,222 |
Browse Top Apartments in Mississauga
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Mississauga, ON Local Guide
- Mississauga Neighborhoods
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Cheapest Neighborhoods for Apartments in Mississauga, ON
Pricing Updated: 03/10/2026Current apartment rentals in the Mississauga, ON area range in price from $1,450 to $7,222 with an overall median price of $3,726. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $1,960, Churchill Meadows Erin Mills at $1,645, 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 | $1,960 | $1,960 | 1 |
| Churchill Meadows Erin Mills | $3,107 | $1,645 | 81 |
| Cooksville | $3,160 | $1,599 | 419 |
| Meadowvale | $3,169 | $1,645 | 71 |
| Mississauga Centre Streetsville | $3,422 | $1,450 | 690 |
| Clarkson Lorne Park | $4,047 | $1,840 | 36 |
| Port Credit | $7,222 | $1,450 | 84 |
Cheapest Available Mississauga Apartments for Rent
 The cheapest available apartment rental in Mississauga, ON is a Studio unit found at 3141 Jaguar Valley in the Cooksville neighborhood priced from $1,285. 1051-1061 Seneca Av in the Mississauga Centre Streetsville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,449. Here is today’s list of the most affordable Mississauga apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3141 Jaguar Valley | Bachelor | Studio,1BA | $1,285 |
| 1051-1061 Seneca Av | Bachelor | Studio,1BA | $1,449 |
| 2170 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| 549-573 N Service Rd | Bachelor | Studio,1BA | $1,599 |
| 2177 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,599 |
| 2300 Confederation Parkway | 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 |
| Bristol Arms Apartment | BACHELOR | Studio,1BA | $1,600 |
| 620 Martin Grove Rd | 1 Beds, 1 Baths | 1BR,1BA | $1,715 |
Best Value Apartments for Rent in Mississauga, ON
As of March 10, 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 3 Bed 1.5 Bath A Model at Waterford Townhouses starting at $3,595 with a $2.06 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 | $1.54 |
| Waterford Townhouses | 3 Bed 1.5 Bath A | 3BR,1.5BA | $2.06 |
| Rathburn Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.16 |
| Bromsgate Apartments | 1 Bedroom | 1BR,1BA | $1.95 |
| 2300 Confederation Parkway | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | $2.13 |
| 1 Rabbit Ln | 1 Bedroom | 1BR,1BA | $2.25 |
| Equity Place | 1 Bedroom | 1BR,1BA | $2.26 |
| 2211 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.19 |
| Two Ten Apartments | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.20 |
| 2170 Sherobee Road | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.21 |
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!
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 $1,715.
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 $3,726.
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 757 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 $897 which is $2,829 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.