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Rental Market Trends in Mississauga, ON

What is the average rent in Mississauga, ON?

$1,971/month

Average Rent

635 Sq Ft

Average Apartment Size

-3%

Decrease in the Last Year

As of May 2026, the average rent in Mississauga, ON was $1,971/month. When you rent an apartment in Mississauga, you can expect to pay as little as $1,725 to as much as $2,859, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,725/month
455 Sq Ft
One Bedroom
$1,971/month
635 Sq Ft
Two Bedroom
$2,325/month
838 Sq Ft
Three Bedroom
$2,859/month
1,063 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,502/month
17 Sq Ft
Two Bedroom
$1,939/month
18 Sq Ft
Three Bedroom
$3,060/month
54 Sq Ft
Four Bedroom
$4,697/month
32 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,048/month
400 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,731/month
45 Sq Ft
Two Bedroom
$2,686/month
37 Sq Ft
Three Bedroom
$3,349/month
47 Sq Ft
Four Bedroom
$3,647/month
90 Sq Ft

How much has average rent changed in Mississauga, ON?

In the past year, rent has decreased by 3%, which averages out to $58 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mississauga, ON
Last Updated May 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Mississauga, ON
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
6% $1,001 - $1,500/month
18% $1,501 - $2,000/month
76% Above $2,000/month

Rent by Neighbourhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighbourhoods in Mississauga?

Based on current rent prices, Cooksville, Port Credit and Clarkson/Lorne Park are the most affordable neighbourhoods in Mississauga.

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Cooksville
$1,960/month
660 Sq Ft
Port Credit
$2,006/month
652 Sq Ft
Clarkson/Lorne Park
$2,046/month
650 Sq Ft
Malton
$2,066/month
614 Sq Ft
Mississauga Centre/Streetsville
$2,196/month
624 Sq Ft
Meadowvale
$2,262/month
719 Sq Ft
Churchill Meadows/Erin Mills
$2,337/month
634 Sq Ft

What are the most expensive neighbourhoods in Mississauga?

Based on current rent prices, Churchill Meadows/Erin Mills, Meadowvale and Mississauga Centre/Streetsville are the most expensive neighbourhoods in Mississauga.

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Churchill Meadows/Erin Mills
$2,337/month
634 Sq Ft
Meadowvale
$2,262/month
719 Sq Ft
Mississauga Centre/Streetsville
$2,196/month
624 Sq Ft
Malton
$2,066/month
614 Sq Ft
Clarkson/Lorne Park
$2,046/month
650 Sq Ft
Port Credit
$2,006/month
652 Sq Ft
Cooksville
$1,960/month
660 Sq Ft

Which Mississauga neighbourhoods have the most rentals available?

The neighbourhoods in Mississauga with the most apartments available are Mississauga Centre/Streetsville, Port Credit and Clarkson/Lorne Park .

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Mississauga Centre/Streetsville
$2,196/month
624 Sq Ft
Port Credit
$2,006/month
652 Sq Ft
Clarkson/Lorne Park
$2,046/month
650 Sq Ft
Cooksville
$1,960/month
660 Sq Ft
Meadowvale
$2,262/month
719 Sq Ft
Malton
$2,066/month
614 Sq Ft
Churchill Meadows/Erin Mills
$2,337/month
634 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Mississauga, ON?

Because the average rent in Mississauga is $1,971, you’ll want to make about $6,570 per month or $78,840 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.

City

Mississauga, ON

2,155 Available Apartments for Rent

Search for Nearby Apartments

How does Mississauga, ON compare to other nearby cities and neighbourhoods?

Use the tool below to compare Mississauga, ON to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Mississauga, ON

Apartment Averages

Cooksville

Mississauga, ON

Churchill Meadows/Erin Mills

Mississauga, ON

Studio
$1,621/month
$1,826/month
One Bedroom
$1,858/month
$1,899/month
Two Bedroom
$2,278/month
$2,102/month
Three Bedroom
$2,660/month
$2,456/month
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Nearby City Rent Trends

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Apartment communities in Mississauga we think you'll love

Skyrise Rentals

Skyrise Rentals

2550 Eglinton Ave W,
Mississauga, ON L5M 4N7

$2,275 - $2,875

1-2 Beds

One Eighty Five

One Eighty Five

185 Enfield Pl,
Mississauga, ON L5B 3Y7

$2,240 - $3,813

1-3 Beds

Dialogue

Dialogue

4235 Confederation Pky,
Mississauga, ON L5B 0E2

$1,895 - $4,200

Studio - 3 Beds

The Markwood

The Markwood

4365 Bloor St W,
Toronto, ON M9C 1L7

$2,253 - $4,187

1-3 Beds

Canada Ontario Mississauga Rental Trends

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.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity