Cheap Apartments for Rent in Mississauga, ON from $1,200 (45 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.

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The Carillon
$1,800 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,150

Total Monthly Price
$1,800 - $2,150
1 Bedroom Apartments Available Now

The Carillon

150 Paisley BlvdMississauga, ON L5B 1G3
Student Housing
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  • Utilities Included
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3141 Jaguar Valley
$1,285 - $2,769Studio to 3 Bedroom Apartments

3141 Jaguar Valley

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

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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Roxdin Court
$1,499 - $2,150Studio to 2 Bedroom Apartments

Roxdin Court

535 N Service RdMississauga, ON L5A 1B2
  • Utilities Included
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3121 Kirwin Ave
$1,745 - $1,995Studio to 2 Bedroom Apartments

3121 Kirwin Ave

3121 Kirwin AveMississauga, ON L5A 3R2
  • Utilities Included
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Hurontario
$1,749 - $2,049Studio to 3 Bedroom Apartments

Hurontario

2503-2507 Hurontario StMississauga, ON L5A 2G8
  • Utilities Included
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La Belfontaine
$1,750 - $2,200Studio to 2 Bedroom Apartments

La Belfontaine

2485 Hurontario StMississauga, ON L5A 2G6
  • Utilities Included
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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
  • Utilities Included
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1840 Bloor St
$1,800 - $3,0991 to 3 Bedroom Apartments

1840 Bloor St

1840-1850 Bloor StMississauga, ON L4X 1T3
  • Utilities Included
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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

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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Centennial Towers
$1,800 - $2,2001 to 2 Bedroom Apartments

Centennial Towers

2570-2590 Argyle AveMississauga, ON L5B 1V3
  • Utilities Included
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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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1780 Bloor St E
$1,800 - $2,000Studio to 3 Bedroom Apartments

1780 Bloor St E

1780 Bloor St EMississauga, ON L4X 1S5
  • Smoke Free
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2111 Roche Ct
$1,800 - $2,3001 to 4 Bedroom Apartments

2111 Roche Ct

2111 Roche CtMississauga, ON L5K 2C8

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.

property at 270 Sheldon Ave

$1,795 - $2,895

Studio To 3 Bedroom Rentals

Available Now

270 Sheldon Ave

TorontoONM8W 4M1
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620 Martin Grove Rd
$1,715 - $2,3051 to 3 Bedroom Apartments

620 Martin Grove Rd

620 Martin Grove RdToronto, ON M9R 0A5
  • Smoke Free
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The Elmcrest
$1,750 - $3,1001 to 3 Bedroom Apartments

The Elmcrest

2 Triburnham PlToronto, ON M9C 3P4
  • Utilities Included
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Sheldon Towers
$1,795 - $2,895Studio to 3 Bedroom Apartments

Sheldon Towers

270 Sheldon AveToronto, ON M8W 2S3
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1 Rabbit Ln
$1,7991 Bedroom Apartments

1 Rabbit Ln

1 Rabbit LnToronto, ON M9B 2R2
  • Utilities Included
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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

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

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 03/10/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Malton$1,960$1,9601
Churchill Meadows Erin Mills$3,107$1,64581
Cooksville$3,160$1,599419
Meadowvale$3,169$1,64571
Mississauga Centre Streetsville$3,422$1,450690
Clarkson Lorne Park$4,047$1,84036
Port Credit$7,222$1,45084

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 ListingModel NameBed/BathPriced From
3141 Jaguar ValleyBachelorStudio,1BA$1,285
1051-1061 Seneca AvBachelorStudio,1BA$1,449
2170 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
549-573 N Service RdBachelorStudio,1BA$1,599
2177 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
2300 Confederation Parkway1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
Two Ten Apartments1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
2211 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
Bristol Arms ApartmentBACHELORStudio,1BA$1,600
620 Martin Grove Rd1 Beds, 1 Baths1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bloor and Havenwood Townhomes3 Beds, 1 Baths3BR,1BA$1.54
Waterford Townhouses3 Bed 1.5 Bath A3BR,1.5BA$2.06
Rathburn Apartments2 Beds, 1 Baths2BR,1BA$2.16
Bromsgate Apartments1 Bedroom1BR,1BA$1.95
2300 Confederation Parkway2 Bedroom(s) and 1 Bathroom(s)2BR,1BA$2.13
1 Rabbit Ln1 Bedroom1BR,1BA$2.25
Equity Place1 Bedroom1BR,1BA$2.26
2211 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.19
Two Ten Apartments1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.20
2170 Sherobee Road1 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.

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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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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:
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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 $1,715.

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

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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.

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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.