Cheap Apartments for Rent in Mississauga, ON from $1,200 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mississauga.

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.

property at 30 High St E

$1,795 - $2,095

1 To 2 Bedroom Rentals

Available Now

30 High St E

MississaugaONL5G 1J8
property at 2360 Bonner Rd

$1,795 - $2,895

Studio To 3 Bedroom Rentals

Available Now

2360 Bonner Rd

MississaugaONL5J 2C7
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3141 Jaguar Valley
$1,285 - $2,400Studio to 3 Bedroom Apartments

3141 Jaguar Valley

3141 Jaguar Valley DrMississauga, ON L5A 2J5
  • Utilities Included
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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.

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Westdale Apartments
$1,490 - $2,290Studio to 3 Bedroom Apartments

Westdale Apartments

25 Paisley Blvd WMississauga, ON L5B 1E3
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Roxdin Court
$1,499 - $2,150Studio to 2 Bedroom Apartments

Roxdin Court

535 N Service RdMississauga, ON L5A 1B2
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3121 Kirwin Ave
$1,645 - $2,095Studio to 2 Bedroom Apartments

3121 Kirwin Ave

3121 Kirwin AveMississauga, ON L5A 3R2
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La Belfontaine
$1,695 - $2,200Studio to 2 Bedroom Apartments

La Belfontaine

2485 Hurontario StMississauga, ON L5A 2G6
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Centennial Towers
$1,700 - $2,2001 to 2 Bedroom Apartments

Centennial Towers

2570-2590 Argyle AveMississauga, ON L5B 1V3
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Hurontario
$1,749 - $2,049Studio to 3 Bedroom Apartments

Hurontario

2503-2507 Hurontario StMississauga, ON L5A 2G8
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Seville West
$1,788Studio to 2 Bedroom Apartments

Seville West

75 Paisley BlvdMississauga, ON L5B 1E5
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Linda Court
$1,790 - $2,7901 to 3 Bedroom Apartments

Linda Court

90 Paisley Blvd WMississauga, ON L5B 1E2
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2360 Bonner Rd
$1,795 - $2,895Studio to 3 Bedroom Apartments

2360 Bonner Rd

2360 Bonner RdMississauga, ON L5J 2C7

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.

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1780 Bloor St E
$1,800 - $2,000Studio to 3 Bedroom Apartments

1780 Bloor St E

1780 Bloor St EMississauga, ON L4X 1S5
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The Horizon Apartments
$1,800 - $2,1001 to 2 Bedroom Apartments

The Horizon Apartments

1060 Caven StMississauga, ON L5G 1R8
  • Utilities Included
  • Smoke Free
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7256 Airport Rd
$1,800 - $2,500Studio to 3 Bedroom Apartments

7256 Airport Rd

7256 Airport RdMississauga, ON L4T 3V1
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2111 Roche Ct
$1,800 - $2,3001 to 4 Bedroom Apartments

2111 Roche Ct

2111 Roche CtMississauga, ON L5K 2C8
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1 Rabbit Ln
$1,7001 Bedroom Apartments

1 Rabbit Ln

1 Rabbit LnToronto, ON M9B 2R2
  • Utilities Included
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620 Martin Grove Rd
$1,715 - $2,1951 to 3 Bedroom Apartments

620 Martin Grove Rd

620 Martin Grove RdToronto, ON M9R 0A5
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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.

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365 Kennedy Rd
$1,799 - $2,6501 to 3 Bedroom Apartments

365 Kennedy Rd

365 Kennedy RdBrampton, ON L6W 3H3
  • Utilities Included

Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 01/23/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Malton$1,960$1,9601
Clarkson Lorne Park$2,350$1,78529
Port Credit$2,900$1,54988
Mississauga Centre Streetsville$3,010$1,519702
Churchill Meadows Erin Mills$3,050$1,89552
Meadowvale$3,130$1,89539
Cooksville$3,170$1,550455

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 ListingModel NameBed/BathPriced From
Westdale ApartmentsBachelorStudio,1BA$1,490
1051-1061 Seneca AvBachelorStudio,1BA$1,549
2440 Hurontario StBachelor SuiteStudio,1BA$1,595
3121 Kirwin AveStudio, 1 bathStudio,1BA$1,645
Seville East & WestStudioStudio,1BA$1,649
549-573 N Service RdBachelor1BR,1BA$1,699
620 Martin Grove Rd1 Beds, 1 Baths1BR,1BA$1,715
Lake Promenade Community1 BEDROOM1BR,1BA$1,725
Equity Place1 Bedroom1BR,1BA$1,750
Forest Park Circle Ltd.One Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bloor and Havenwood Townhomes3 Beds, 1 Baths3BR,1BA$1.54
3400 The Credit Woodlands TownhomesType A3BR,1.5BA$1.55
Waterford Townhouses3 Bed 1.5 Bath A3BR,1.5BA$2.12
1300 Forestwood DrType B3BR,2BA$1.82
Erin Centre VillageD3BR,2.5BA$2.27
Heartland North33BR,2BA$2.27
Rambler Tower2 Bedroom, 1 Bathroom2BR,1BA$2.25
Westdale Apartments2 Bedroom2BR,1BA$2.29
Bromsgate Apartments1 Bedroom1BR,1BA$2.15
Equity Place1 Bedroom1BR,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.

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The 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.

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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.

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Quick 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.

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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

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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.

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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.

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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.

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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.