Cheap Homes for Rent in Mississauga, ON from $800 (159 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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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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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.

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Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 12/23/2025

Current apartment rentals in the Mississauga, ON area range in price from $1,255 to $15,525 with an overall median price of $3,036. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $2,490, Port Credit at $1,549, and Mississauga Centre Streetsville at $1,255. 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$2,490$2,4901
Port Credit$2,795$1,54963
Mississauga Centre Streetsville$2,997$1,255409
Churchill Meadows Erin Mills$3,125$1,94546
Cooksville$3,250$1,255186
Meadowvale$3,295$1,94530
Clarkson Lorne Park$3,300$1,65018

Cheapest Available Mississauga Apartments for Rent

 

The cheapest available apartment rental in Mississauga, ON is a Studio unit found at Lakewood Apartments II in the Port Credit neighborhood priced from $1,499. 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
Lakewood Apartments IIBachelorStudio,1BA$1,499
1051-1061 Seneca AvBachelorStudio,1BA$1,549
2440 Hurontario StBachelor SuiteStudio,1BA$1,645
Elizabeth TowerBACHELORStudio,1BA$1,650
Royal TowerBACHELORStudio,1BA$1,675
Seville East & WestStudioStudio,1BA$1,699
549-573 N Service RdBachelor1BR,1BA$1,699
1 Rabbit Ln1 Bedroom1BR,1BA$1,700
620 Martin Grove Rd1 Beds, 1 Baths1BR,1BA$1,715
Lake Promenade Community1 BEDROOM1BR,1BA$1,725

Best Value Apartments for Rent in Mississauga, ON

As of December 24, 2025 the best value apartment in the Mississauga area is the $1.48 price per square foot 3 Beds, 1 Baths Model at Bloor and Havenwood Townhomes in the in the Mississauga Centre Streetsville neighborhood starting from $2,695. 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$1.48
Waterford Townhouses3 Bed 1.5 Bath A3BR,1.5BA$2.12
Erin Centre VillageD3BR,2.5BA$2.33
340 Mill RdTwo Bedroom Apartment2BR,1BA$2.34
Westview Apartment2 Bedroom2BR,1BA$2.29
Bromsgate Apartments1 Bedroom1BR,1BA$2.15
Fairfield TowersOne Bedroom1BR,1BA$2.30
2300 Confederation Parkway1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.46
Westdale Apartments1 Bedroom1BR,1BA$2.39
1 Rabbit Ln1 Bedroom1BR,1BA$2.27

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!

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 1305 Apartments for Rent in Mississauga, ON with pricing that ranges from $1,255 to $15,525. There are also 932 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mississauga ranging from $830 to $13,000.

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 $830 to $13,000 with an average monthly rent of $5,210.

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.