20 Elizabeth Street N
20 Elizabeth St N,
Mississauga, ON L5G 2T9
1-2 Beds | C$2,271 - C$2,649
Rental Market Trends in Mississauga, ON
What is the average rent in Mississauga, ON?
C$2,073/month
Average Rent
656 Sq Ft
Average Apartment Size
-1.6%
Decrease in the Last Year
As of January 2025, the average rent in Mississauga, ON was C$2,073/month. When you rent an apartment in Mississauga, you can expect to pay as little as C$1,738 to as much as C$2,927, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Mississauga, ON?
In the past year, rent has decreased by 1.6%, which averages out to C$33 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Mississauga, ON
Last Updated January 2025
Above C$2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below C$700/month
0%
C$700 - C$1,000/month
6%
C$1,001 - C$1,500/month
18%
C$1,501 - C$2,000/month
76%
Above C$2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Mississauga?
Based on current rent prices, Malton, Cooksville and Clarkson/Lorne Park are the most affordable neighborhoods in Mississauga.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Mississauga?
Based on current rent prices, Meadowvale, Churchill Meadows/Erin Mills and Mississauga Centre/Streetsville are the most expensive neighborhoods in Mississauga.
Neighborhood
Average Rent
Average Sq Ft
Which Mississauga neighborhoods have the most rentals available?
The neighborhoods in Mississauga with the most apartments available are Mississauga Centre/Streetsville, Meadowvale and Port Credit .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Mississauga, ON?
Because the average rent in Mississauga is C$2,073, you’ll want to make about C$6,910 per month or C$82,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Mississauga, ON compare to other nearby cities and neighborhoods?
Use the tool below to compare Mississauga, ON to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
C$1,808/month
C$1,791/month
One Bedroom
C$2,045/month
C$2,335/month
Two Bedroom
C$2,563/month
C$2,508/month
Three Bedroom
C$2,982/month
C$3,010/month
Nearby City Rent Trends
Apartment communities in Mississauga we think you'll love
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.