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Neighbourhood in Mississauga

Homes for rent in Applewood

Name: HOMEH Market Pulse — Applewood, Mississauga closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

family-friendly community-oriented diverse

Applewood is a residential neighbourhood in Mississauga. It offers a mix of homes and amenities, making it a convenient place to live.

Diverse housing options available Good schools with an average rating of 6.2 Many parks and playgrounds for families Close to grocery stores and restaurants High percentage of immigrants enriches community

Applewood, Mississauga — HOMEH neighbourhood guide

Mississauga, Ontario

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

$839,900

5% below Mississauga 18% above Ontario

In Applewood

$839,900

In Mississauga

$888,000

In Ontario

$709,900

Median monthly rent

$3,000/mo

11% above Mississauga 20% above Ontario

In Applewood

$3,000

In Mississauga

$2,700

In Ontario

$2,500

≈ 23.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $839,900

Condos 48 · Houses 44

For rent

Median $3,000

Condos 24 · Houses 13

Recently sold

Recently leased

Market data as of 2026-10-25. 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 with many parks and schools
Strong community feel with diverse population
Good access to amenities like groceries and restaurants
Residential area with a variety of housing types

Keep in mind

Prices are above the city median for homes
Higher rent prices compared to some nearby areas

The feel of the placeLifestyle

Daily life in Applewood is relaxed and community-oriented, with plenty of green spaces for outdoor activities.

Great for families first-time buyers renters

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.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 7.1 km² of Applewood. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

5.9/10

Average rating of the 6 rated schools in this area

Elementary

Secondary

St Thomas More School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
7.8/107.9 over 5 yrs
433rd 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 yrs
751st of 3,045 Ontario elementary schools
605 students · EQAO 2024-2025
Glenforest Secondary School
Public · Grades 9–12 · Peel DSB
6.8/10
254th of 742 Ontario secondary schools
1,120 students · EQAO 2024-2025
Applewood Heights Secondary School
Public · Grades 9–12 · Peel DSB
5.4/10
497th 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 yrs
2,322nd 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 yrs
2,677th 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, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Applewood actually rent for

109 homes were leased in Applewood over the 12 months to September 2026. Half leased above $2,742 and half below, 5.4% lower than the 12 months before. A typical home found its tenant in 28 days — 2 days quicker than a year ago.

Median rent: $2,742; -5.4% year over year
Days to lease: 28; 2 days quicker
Leases closed: 109; last 12 months
Rent per square foot: $2.26/mo; from 98 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 home here differs from the next.

$3,945$3,105$2,266$1,426

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,992/mo

on a $3,000 asking rent — under ask by $8

−10%Asking rent+10%

Of the asking rent: 99.7%
Leased over asking: 12.8%

From 109 leases that closed here in the last 12 months.

Rent or buy in Applewood

26.9 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$883,710

186 sales

Median rent

$2,742/mo

109 leases

Gross rental yield

3.72%

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.

What actually rents in Applewood

A single median hides this: the mix of homes behind it, and what each kind costs.

109leases

Condo apartment$2,66311.0%
Detached$2,57310.1%
Other kinds, too few of each —78.9%

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Applewood, rentals

Monthly closed leases in Applewood
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	12	$3,200	$2,700 – $3,525	27	100.0%
Aug 2026	19	$2,950	$2,400 – $3,600	20	100.0%
Jul 2026	14	$2,950	$2,375 – $3,450	21	100.0%
Jun 2026	6	$2,525	$2,338 – $2,638	39	99.1%
May 2026	11	$2,200	$1,950 – $2,725	33	100.0%
Apr 2026	11	$2,492	$2,100 – $2,875	46	100.0%
Mar 2026	8	$2,800	$2,549 – $3,473	29	100.0%
Feb 2026	7	$1,995	$1,600 – $2,250	30	100.0%
Jan 2026	4	Not enough leases this month to report a median
Dec 2025	8	$2,700	$2,513 – $3,025	26	98.2%
Nov 2025	5	$3,090	$2,800 – $3,200	21	100.0%
Oct 2025	4	Not enough leases this month to report a median
Sep 2025	7	$3,349	$2,800 – $3,600	20	100.0%
Aug 2025	8	$3,200	$2,688 – $3,771	21	100.0%
Jul 2025	14	$3,000	$2,800 – $3,288	12	100.0%
Jun 2025	9	$2,850	$2,500 – $3,400	38	100.0%
May 2025	5	$3,100	$2,400 – $3,300	32	100.0%
Apr 2025	11	$2,975	$2,800 – $3,400	42	100.0%
Mar 2025	2	Not enough leases this month to report a median
Feb 2025	6	$2,769	$2,335 – $3,175	18	100.0%
Jan 2025	10	$2,450	$2,100 – $2,688	50	100.0%
Dec 2024	3	Not enough leases this month to report a median
Nov 2024	3	Not enough leases this month to report a median
Oct 2024	6	$2,525	$2,050 – $2,963	27	99.0%
Sep 2024	13	$3,000	$2,500 – $3,350	12	100.0%
Aug 2024	12	$3,050	$2,994 – $3,245	31	100.0%
Jul 2024	18	$2,950	$2,400 – $3,300	34	100.0%
Jun 2024	8	$3,450	$2,875 – $3,613	28	100.0%
May 2024	9	$3,000	$2,700 – $3,450	35	100.0%
Apr 2024	9	$3,000	$2,890 – $3,200	33	100.0%
Mar 2024	8	$2,725	$2,475 – $2,988	29	100.0%
Feb 2024	3	Not enough leases this month to report a median
Jan 2024	7	$3,000	$2,875 – $3,325	45	100.0%
Dec 2023	2	Not enough leases this month to report a median
Nov 2023	10	$2,950	$2,725 – $3,088	24	100.0%
Oct 2023	9	$3,349	$3,100 – $3,500	10	100.0%

7 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Applewood

How much does a home cost in Applewood?

Homes in Applewood sold for a median of $883,710 over the 12 months to September 2026, across 186 closed sales — half sold for more and half for less. That is 3.4% lower than the 12 months before it.

How long does it take to sell a home in Applewood?

A home in Applewood took a median of 28 days on the market over the 12 months to September 2026. Homes there closed at 97.0% of the asking price on average, with 13.4% selling over asking.

How much is rent in Applewood?

The median lease in Applewood closed at $2,742 a month over the 12 months to September 2026, across 109 leases.

Is it cheaper to rent or buy in Applewood?

A home in Applewood costs about 26.9 years of the rent on one — the median price of $883,710 against a median rent of $2,742 a month, a gross yield of 3.72%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Applewood?

Over the 12 months to September 2026 the mix in Applewood was detached (28.0% of sales, median $1,173,327), condo apartment (11.8% of sales, median $480,700) and semi-detached (5.4% of sales, median $867,500).

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 home. Not an appraisal or an opinion of value.

Condos in Applewood

A condo here is 2.4× cheaper than detached houses

Half the condo apartments that changed hands in Applewood over the 12 months to September 2026 sold above $480,700. The neighbourhood's median across every kind of home was $883,710 — one number, two markets.

Condo apartment$480,700

Detached$1,173,327

Median closed prices over the 12 months to September 2026, from 186 sales in Applewood. Medians describe the group, never one home.

Median condo sold price: $481K; 22 closed sales
Median condo rent: $2,663/mo; 12 leases
Days to sell: 36; median, condo apartments
Share of all sales: 12%; of everything that closed here

Condo townhouses are a separate market again: 5 closed here at a median of $503,000.

29condo apartments for sale 13condo apartments for rent

At a glance