Cheap Apartments for Rent in Mississauga, ON from $1,200 (39 Rentals)

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property at 2360 Bonner Rd

2360 Bonner Rd

MississaugaONL5J 2C7

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

30 High St E

MississaugaONL5G 1J8
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Westdale Apartments
$1,200 - $2,100Studio to 3 Bedroom Apartments

Westdale Apartments

25 Paisley Blvd WMississauga, ON L5B 1E3
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Westview Apartment
$1,200 - $2,419Studio to 3 Bedroom Apartments

Westview Apartment

3100 Erindale Station RdMississauga, ON L5C 1Y4
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3141 Jaguar Valley
$1,371 - $1,600Studio to 3 Bedroom Apartments

3141 Jaguar Valley

3141 Jaguar Valley DrMississauga, ON L5A 2J5
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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

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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285 N Service Rd
$1,624 - $1,9991 to 2 Bedroom Apartments

285 N Service Rd

285 N Service RdMississauga, ON L5A 2J7
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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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2360 Bonner Rd
$1,750 - $2,895Studio to 3 Bedroom Apartments

2360 Bonner Rd

2360 Bonner RdMississauga, ON L5J 2C7
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Seville West
$1,788Studio to 2 Bedroom Apartments

Seville West

75 Paisley BlvdMississauga, ON L5B 1E5
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Lakewood Apartments II
$1,795Studio to 3 Bedroom Apartments

Lakewood Apartments II

1285 Lakeshore Rd EMississauga, ON L5E 3G8
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Hurontario
$1,799 - $2,129Studio to 3 Bedroom Apartments

Hurontario

2503-2507 Hurontario StMississauga, ON L5A 2G8
  • Utilities Included

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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2111 Roche Ct
$1,800 - $2,3001 to 4 Bedroom Apartments

2111 Roche Ct

2111 Roche CtMississauga, ON L5K 2C8
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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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The Horizon Apartments
$1,800 - $2,2001 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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1 Rabbit Ln
$1,6001 Bedroom Apartments

1 Rabbit Ln

1 Rabbit LnToronto, ON M9B 2R2
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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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Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 12/09/2025

Current apartment rentals in the Mississauga, ON area range in price from $1,519 to $5,361 with an overall median price of $3,020. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $2,075, Port Credit at $1,549, and Mississauga Centre Streetsville at $1,519. 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$2,075$2,0751
Port Credit$2,895$1,54964
Mississauga Centre Streetsville$3,025$1,519391
Cooksville$3,250$1,645190
Churchill Meadows Erin Mills$3,300$1,89542
Clarkson Lorne Park$3,300$1,65018
Meadowvale$3,300$1,99525

Cheapest Available Mississauga Apartments for Rent

 

The cheapest available apartment rental in Mississauga, ON is a Studio unit found at 1051-1061 Seneca Av in the Mississauga Centre Streetsville neighborhood priced from $1,549. 251-285 The West Mall in the Etobicoke West Mall neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,564. Here is today’s list of the most affordable Mississauga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1051-1061 Seneca AvBachelorStudio,1BA$1,549
251-285 The West MallBachelor*Studio,1BA$1,564
2440 Hurontario StBachelor SuiteStudio,1BA$1,645
Elizabeth TowerBACHELORStudio,1BA$1,650
Royal TowerBACHELORStudio,1BA$1,675
Seville East & WestStudioStudio,1BA$1,699
620 Martin Grove Rd1 Beds, 1 Baths1BR,1BA$1,715
Lake Promenade Community1 BEDROOM1BR,1BA$1,725
3121 Kirwin Ave1 Bed, 1 bath1BR,1BA$1,745
Park Royal Village Apartments0 Beds, 1 BathsStudio,1BA$1,750

Best Value Apartments for Rent in Mississauga, ON

As of December 09, 2025 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 $3,695 with a $2.12 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$2.12
1370 Silver Spear Road3 Bedroom3BR,1.5BA$2.50
340 Mill RdTwo Bedroom Apartment2BR,1BA$2.34
Bromsgate Apartments1 Bedroom1BR,1BA$2.15
2300 Confederation Parkway1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.53
2211 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.54
Two Ten Apartments1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.47
2170 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.56
Park Heights LimitedOne Bedroom1BR,1BA$2.54

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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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 $1,750.

What is the price of a cheap apartment in Mississauga?

The cheapest apartment in Mississauga is 620 Martin Grove Rd which is listed at $1,715, while the average apartment in Mississauga costs $3,020.

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 307 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 $670 which is $2,350 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.