Cheap Homes for Rent in Mississauga, ON from $800 (130 Rentals)

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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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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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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 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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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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Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 11/02/2025

Current apartment rentals in the Mississauga, ON area range in price from $1,350 to $5,550 with an overall median price of $3,172. The three Mississauga neighborhoods with the lowest median rent pricing are Port Credit at $1,495, Clarkson Lorne Park at $1,725, and Churchill Meadows Erin Mills at $1,995. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Mississauga Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Port Credit$2,899$1,49552
Clarkson Lorne Park$2,990$1,72514
Churchill Meadows Erin Mills$3,179$1,99525
Meadowvale$3,179$1,99520
Cooksville$3,250$1,645192
Mississauga Centre Streetsville$3,535$1,350384

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
3121 Kirwin AveStudio, 1 bathStudio,1BA$1,645
Royal TowerBACHELORStudio,1BA$1,675
La Belfontaine1 Bedroom1BR,1BA$1,695
Elizabeth TowerBACHELORStudio,1BA$1,725
3085 Queen Frederica1 Bedroom1BR,1BA$1,750
Lake Promenade CommunityBACHELORStudio,1BA$1,775
Forest Park Circle Ltd.One Bedroom1BR,1BA$1,785

Best Value Apartments for Rent in Mississauga, ON

As of November 02, 2025 the best value apartment in the Mississauga area is the $1.72 price per square foot 3 Beds, 1 Baths Model at Bloor and Havenwood Townhomes in the in the Mississauga Centre Streetsville neighborhood starting from $2,995. The second greatest value Mississauga apartment is the 3 Bedroom Model at 1370 Silver Spear Road starting at $2,899 with a $2.42 price per square foot in the Mississauga Centre Streetsville 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$1.72
1370 Silver Spear Road3 Bedroom3BR,1.5BA$2.42
340 Mill RdTwo Bedroom Apartment2BR,1BA$2.34
Greenview Suites1 Bedroom, 1 Bathroom1BR,1BA$1.98
La Belfontaine2 Bedroom2BR,1BA$2.32
3085 Queen Frederica2 bedroom2BR,1BA$2.32
1219 Dundas St W2 Bedroom2BR,1BA$2.47
Fairfield TowersOne Bedroom1BR,1BA$2.13
199 Lakeshore Rd ETwo Bedroom2BR,1BA$2.47
Two Ten Apartments1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.47

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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!

Explore Mississauga, ON Rentals by Map

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See the most popular apartments and homes in Mississauga, ON

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Frequently Asked Questions about Mississauga

What type of rentals are currently available in Mississauga?

There are currently 1304 Apartments for Rent in Mississauga, ON with pricing that ranges from $1,350 to $4,662. There are also 885 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mississauga ranging from $249 to $27,000.

What is the current price range for Rental Homes in Mississauga?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mississauga ranges from $249 to $27,000 with an average monthly rent of $4,278.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.