Cheap Homes for Rent in Mississauga, ON from $700 (245 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 07/07/2026

Current apartment rentals in the Mississauga, ON area range in price from $1,195 to $13,977 with an overall median price of $4,536. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $2,485, Clarkson Lorne Park at $1,649, and Churchill Meadows Erin Mills at $1,750. 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$2,485$2,4851
Clarkson Lorne Park$2,849$1,64928
Churchill Meadows Erin Mills$2,999$1,75048
Meadowvale$3,029$1,97539
Cooksville$3,162$1,195236
Mississauga Centre Streetsville$8,545$1,195489
Port Credit$8,688$1,59595

Cheapest Available Mississauga Apartments for Rent

 

The cheapest available apartment rental in Mississauga, ON is a Studio unit found at Sheldon Towers in the Port Credit neighborhood priced from $1,595. 2177 Sherobee Road in the Cooksville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,599. Here is today’s list of the most affordable Mississauga apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sheldon Towers0 Beds, 1 BathsStudio,1BA$1,595
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
2211 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
2170 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
1745 Bloor Holdings Inc.BACHELORStudio,1BA$1,600
600 & 620 Lolita GardensJunior One Bedroom1BR,1BA$1,625
Bromsgate Apartments1 Bedroom1BR,1BA$1,651
Richgrove Village1 Beds, 1 Baths1BR,1BA$1,668
The RivergateBachelorStudio,1BA$1,749

Best Value Apartments for Rent in Mississauga, ON

As of July 07, 2026 the best value apartment in the Mississauga area is the $1.55 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 3x2 Model at 19 Eva Rd starting at $2,889 with a $1.87 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$1.55
19 Eva Rd3x23BR,2BA$1.87
Winding Trail Townhomes3 Bedroom (The Hazel)3BR,1.5BA$2.10
Lakewood Apartments I2 Bedroom2BR,1.5BA$2.14
3041 Jaguar Valley Dr1 bedroom1BR,1BA$2.26
Bromsgate Apartments1 Bedroom1BR,1BA$2.17
Richgrove Village1 Beds, 1 Baths1BR,1BA$2.20
2300 Confederation Parkway1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.13
2211 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.19
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 1338 Apartments for Rent in Mississauga, ON with pricing that ranges from $1,195 to $13,977. There are also 1601 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mississauga ranging from $775 to $13,900.

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 $775 to $13,900 with an average monthly rent of $4,002.

How much are larger Three and Four Bedroom Rentals in Mississauga?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mississauga range from $2,310 to $8,322, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $8,999. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,900.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.