Condos for Rent in Applewood, Mississauga, ON
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Neighbourhood in Mississauga
Applewood
Applewood is a vibrant neighbourhood in Mississauga. It offers a mix of residential options and amenities for families and individuals.
Mississauga, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
Listed 16 days ago
Unit 417, 1625 Bloor Street
Mississauga (Applewood), ON L4X 1S4
Condo ApartmentFor Rent
Listed 27 days ago
Unit 1107, 3025 Frederica Drive
Mississauga (Applewood), ON L4Y 3A1
Condo ApartmentFor Rent
Listed Sep 15, 2026
Unit 1203, 1615 Bloor Street
Mississauga (Applewood), ON L4X 1S2
Condo ApartmentFor Rent
Listed Sep 6, 2026
Unit 620, 1625 Bloor Street
Mississauga (Applewood), ON L4X 1S3
Condo ApartmentFor Rent
Day to dayLivability
6.2
Schools near listings
out of 10 · averaged over 1,240 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$909,450
In Applewood
$909,450
In Mississauga
$888,000
In Ontario
$714,900
Median monthly rent
$3,099/mo
In Applewood
$3,099
In Mississauga
$2,700
In Ontario
$2,500
≈ 24.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
89
Median $909,450
Houses 45 · Condos 44
For rent
29
Median $3,099
Condos 15 · Houses 14
Recently sold
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Recently leased
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Market data as of 2026-10-18. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Family-friendly environment
- Strong community feel
- Access to various amenities
- Good public and private schools
Keep in mind
- Median home prices are above city average
- Higher rent prices compared to city median
The feel of the placeLifestyle
Daily life in Applewood is relaxed and community-focused, with plenty of local services. Residents enjoy access to parks and schools, making it ideal for families.
Within the boundaryWhat's nearby
The boundary
7.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
15
Parks
33
Playgrounds
6
Grocery stores
20
Restaurants
4
Cafés
3
Gyms
1
Libraries
11
Pharmacies
Counted across all 7.1 km² of Applewood. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
5.9/10
Average rating of the 6 rated schools in this area
14
Elementary
2
Secondary
St Thomas More School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
7.8/107.9 over 5 yrs433rd of 3,045 Ontario elementary schools
570 students · EQAO 2024-2025
St Sofia School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
7.2/107.6 over 5 yrs751st of 3,045 Ontario elementary schools
605 students · EQAO 2024-2025
Glenforest Secondary School
Public · Grades 9–12 · Peel DSB
6.8/10254th of 742 Ontario secondary schools
1,120 students · EQAO 2024-2025
Applewood Heights Secondary School
Public · Grades 9–12 · Peel DSB
5.4/10497th of 742 Ontario secondary schools
1,140 students · EQAO 2024-2025
St. Teresa of Calcutta Catholic Elementary School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
4.7/106.1 over 5 yrs2,322nd of 3,045 Ontario elementary schools
290 students · EQAO 2024-2025
St Alfred School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
3.7/104.9 over 5 yrs2,677th of 3,045 Ontario elementary schools
400 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Applewood, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
33,986
Population (2021)
6.5 km²
Area
5,235
People per km²
43.2
Median age
$87,675
Median income
57%
Own their home
2.8
People per household
12,505
Households
Every age
- Children (under 15)16.0%
- Working age (15–64)65.4%
- Seniors (65+)18.6%
What is built here
- Detached houses22.6%
- Semi-detached10.3%
- Townhouses12.9%
- Duplexes1.2%
- Low-rise apartments10.3%
- High-rise apartments42.6%
Own or rent
57%Owners
43%Renters
Across 12,505 households
When it was built
Mostly 1961–1980
- 1960 or earlier12%
- 1961–198067%
- 1981–19908%
- 1991–20006%
- 2001–20051%
- 2006–20103%
- 2011–20151%
- 2016–20210%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 54.1%
- Born outside Canada
- 28.4%
- Hold a degree or higher
- 50.9%
- Employment rate
- 14.2%
- Commute by transit
- 78.9%
- Commute by car
- 1.8
- Children per family
- $77,940
- Median income after tax
- $100,735
- Average household income
- 11.8%
- Living on a low income
- $1,460/mo
- Renters pay, per month
- $1,426/mo
- Owners pay, per month
- $796,964
- Median home value at census
- 31%
- Renters spending 30%+ of income on housing
- 24%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 47 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, Photo: © Wikimedia Commons contributors (CC BY-SA)
What condos in Applewood actually rent for
At least 12 condos were leased in Applewood over the 12 months to September 2026. Half leased above $2,663 and half below, 4.9% lower than the 12 months before. A typical condo found its tenant in 13 days — 22 days quicker than a year ago.
4 of the last 12 months had at least 5 closed condos sales in Applewood. Quieter months are left out rather than shown as a median over a handful of homes, so the totals here are a floor.
- Median rent
- $2,663
- -4.9% year over year
- Days to lease
- 13
- 22 days quicker
- Leases closed
- 12
- last 12 months
- Rent per square foot
- $2.51/mo
- from 12 sized leases
Three years of rents
The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.
What renters actually paid
$3,000/mo
on a $3,000 asking rent — right at the asking rent
- Of the asking rent
- 100.0%
- Leased over asking
- 0%
From 12 leases that closed here in the last 12 months.
Rent or buy in Applewood
15 years
of rent, at the going rate here, adds up to what a condo here costs.
Median sold price
$480,700
22 sales
Median rent
$2,663/mo
12 leases
Gross rental yield
6.65%
before costs
Both figures come from deals that actually closed in Applewood over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.
Every month behind these charts — Applewood, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Aug 2026 | 5 | $2,750 | $2,500 – $2,950 | 12 | 100.0% |
| Jul 2026 | 7 | $2,600 | $2,450 – $3,050 | 14 | 100.0% |
| Jul 2025 | 5 | $2,800 | $2,495 – $3,000 | 35 | 100.0% |
| Jul 2024 | 5 | $2,900 | $2,800 – $3,000 | 41 | 100.0% |
What people ask about Applewood
How much does a condo cost in Applewood?
Condos in Applewood sold for a median of $480,700 over the 12 months to September 2026, across at least 22 closed sales — half sold for more and half for less. That is 7.4% lower than the 12 months before it.
How long does it take to sell a condo in Applewood?
A condo in Applewood took a median of 36 days on the market over the 12 months to September 2026. Condos there closed at 95.9% of the asking price on average, with 9.1% selling over asking.
How much is rent for a condo in Applewood?
The median condo lease in Applewood closed at $2,663 a month over the 12 months to September 2026, across at least 12 leases.
Is it cheaper to rent or buy a condo in Applewood?
A condo in Applewood costs about 15.0 years of the rent on one — the median price of $480,700 against a median rent of $2,663 a month, a gross yield of 6.65%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Applewood on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.