Cheap Homes for Rent in Mississauga, ON from $700 (401 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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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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Mississauga, ON Local Guide

Cheapest Neighborhoods for Apartments in Mississauga, ON

Pricing Updated: 05/21/2026

Current apartment rentals in the Mississauga, ON area range in price from $1,595 to $16,023 with an overall median price of $4,806. The three Mississauga neighborhoods with the lowest median rent pricing are Malton at $1,925, Clarkson Lorne Park at $1,599, and Meadowvale at $2,021. 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$1,925$1,9251
Clarkson Lorne Park$2,849$1,59933
Meadowvale$3,085$2,02151
Churchill Meadows Erin Mills$3,100$1,80062
Cooksville$3,160$1,599281
Mississauga Centre Streetsville$3,500$1,595535
Port Credit$16,023$1,59992

Cheapest Available Mississauga Apartments for Rent

 

The cheapest available apartment rental in Mississauga, ON is a 1 Bed unit found at 2177 Sherobee Road in the Cooksville neighborhood priced from $1,599. Two Ten Apartments in the Brampton West 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
2177 Sherobee Road1 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
2170 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$1,599
1745 Bloor Holdings Inc.BACHELORStudio,1BA$1,600
Bromsgate Apartments1 Bedroom1BR,1BA$1,651
2440 Hurontario StOne Bedroom1BR,1BA$1,695
Park Royal Village Apartments0 Beds, 1 BathsStudio,1BA$1,695
The Horizon Apartments1 Bdr1BR,1BA$1,700
21 Park Boulevard1 BEDROOM1BR,1BA$1,725

Best Value Apartments for Rent in Mississauga, ON

As of May 21, 2026 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 $3,195 with a $1.83 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$1.83
Two Ten Apartments2 Bedroom(s) and 1 Bathroom(s)2BR,1BA$2.21
Fairfield TowersOne Bedroom1BR,1BA$2.30
2100 Camilla Rd1 bedroom1BR,1BA$2.32
Equity Place1 Bedroom1BR,1BA$2.26
Bromsgate Apartments1 Bedroom1BR,1BA$2.17
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
2177 Sherobee Road1 Bedroom(s) and 1 Bathroom(s)1BR,1BA$2.28

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 1310 Apartments for Rent in Mississauga, ON with pricing that ranges from $1,599 to $16,023. There are also 1406 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mississauga ranging from $750 to $21,000.

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 $750 to $21,000 with an average monthly rent of $4,148.

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 $5,935, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $4,750. Four Bedroom Single-Family rentals are also available starting from $2,600 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.