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City in Ontario

Condos for rent in Mississauga

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

There are 450 condos and apartments for rent in Mississauga today, with a median rent of $2,600/mo (-4% vs. all rentals in Mississauga). 88 are 1-bedroom condos for rent. The most active neighbourhoods are City Centre, Hurontario and Central Erin Mills.

diverse transit-friendly active

717,204 people lived in Mississauga at the 2021 Census, in 244,355 households. 70% of households owned their home and 29% rented. The most common homes were single-detached houses (37%) and apartments in buildings of five or more storeys (27%). 38% of homes were built before 1981, and 7% since 2011. 83% of commuters went to work by car and 11% by public transit.

Population of 717,961 Walkability score: 69

Mississauga, Ontario

Mississauga Condo Rentals

Day to dayLivability

Walkability

out of 100 · averaged over 565,727 past and present listings

Average walk score reported on listings here

6.8

Schools near listings

out of 10 · averaged over 565,727 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

$888,000

24% above Ontario

In Mississauga

$888,000

In Ontario

$716,900

Median monthly rent

$2,700/mo

8% above Ontario

In Mississauga

$2,700

In Ontario

$2,499

$800

Per square foot

≈ 27.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

2,408

Median $888,000

Houses 1,226 · Condos 1,181

For rent

1,099

Median $2,700

Condos 582 · Houses 509

Recently sold

Recently leased

Market data as of 2026-08-16. 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

Diverse community
Good transit access
Variety of housing options
Relatively high walkability

Keep in mind

Prices are above the provincial median
Limited parks and schools

The feel of the placeLifestyle

Daily life in Mississauga is active, with many transit options available. Residents enjoy a mix of urban and suburban living.

Great for first-time buyers commuters families

Within the boundaryWhat's nearby

The boundary

290.5 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

425

Parks

622

Playgrounds

Transit stations

136

Grocery stores

635

Restaurants

225

Cafés

103

Gyms

Libraries

176

Pharmacies

Counted across all 290.5 km² of Mississauga. From OpenStreetMap, as of 2026-10-19.

The schoolsWhich schools, and how they rate

6.8/10

Average rating of the 132 rated schools in this area

247

Elementary

Secondary

Khalsa School Malton
Independent · TO Private Inspected
10.0/109.7 over 5 yrs
1st of 3,045 Ontario elementary schools
24 students
St Edmund Separate School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
10.0/109.0 over 5 yrs
1st of 3,045 Ontario elementary schools
400 students · EQAO 2024-2025
St Rose of Lima Separate School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
9.9/109.5 over 5 yrs
23rd of 3,045 Ontario elementary schools
255 students · EQAO 2024-2025
Kenollie Public School
Public · Grades JK–8 · Peel DSB
9.7/10
29th of 3,045 Ontario elementary schools
185 students · EQAO 2024-2025
Olive Grove
Independent · TO Private Non-Inspected
9.7/10
29th of 3,045 Ontario elementary schools
94 students
Olive Grove High School
Independent · n/a
9.4/10
7th of 742 Ontario secondary schools

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mississauga, 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

717,204

Population (2021)

292.4 km²

Area

2,453

People per km²

41.5

Median age

$112,315

Median income

70%

Own their home

People per household

244,355

Households

Every age

Children (under 15)15.2%
Working age (15–64)68.1%
Seniors (65+)16.6%

What is built here

Detached houses37%
Semi-detached10.9%
Townhouses14%
Duplexes3.2%
Low-rise apartments7.1%
High-rise apartments27.3%

Own or rent

70%Owners

29%Renters

Across 244,355 households

When it was built

Mostly 1961–1980

1960 or earlier7%
1961–198031%
1981–199020%
1991–200019%
2001–20059%
2006–20106%
2011–20154%
2016–20213%

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.

53.2%
Born outside Canada: 38.2%
Hold a degree or higher: 55%
Employment rate: 11.2%
Commute by transit: 82.7%
Commute by car: 1.8
Children per family: $97,174
Median income after tax: $131,181
Average household income: 9.4%
Living on a low income: $1,792/mo
Renters pay, per month: $1,766/mo
Owners pay, per month: $939,217
Median home value at census: 29.9%
Renters spending 30%+ of income on housing: 23.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 968 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 Condo apartments only Through September 2026 Deep sales history

What Condos Rent For in Mississauga

6,765 condos were leased in Mississauga over the 12 months to September 2026. Half leased above $2,399 and half below, 4.3% lower than the 12 months before. A typical condo found its tenant in 19 days.

Median rent: $2,399; -4.3% year over year
Days to lease: 19; 1 day quicker
Leases closed: 6,765; last 12 months
Rent per square foot: $3.38/mo; from 6,456 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.

$3,072$2,724$2,376$2,028

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 8.8%

From 6,765 leases that closed here in the last 12 months.

Rent or buy in Mississauga

17.1 years

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

Median sold price

$491,977

1,406 sales

Median rent

$2,399/mo

6,765 leases

Gross rental yield

5.85%

before costs

Both figures come from deals that actually closed in Mississauga over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

How fast it moves

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

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Mississauga, rentals

Monthly closed leases in Mississauga
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	485	$2,500	$2,280 – $2,800	15	100.0%
Aug 2026	641	$2,500	$2,275 – $2,800	14	100.0%
Jul 2026	693	$2,450	$2,200 – $2,800	15	100.0%
Jun 2026	618	$2,450	$2,200 – $2,725	16	100.0%
May 2026	597	$2,400	$2,200 – $2,700	18	100.0%
Apr 2026	612	$2,350	$2,150 – $2,650	19	100.0%
Mar 2026	652	$2,350	$2,150 – $2,650	21	100.0%
Feb 2026	477	$2,300	$2,100 – $2,600	25	100.0%
Jan 2026	528	$2,300	$2,100 – $2,600	29	100.0%
Dec 2025	487	$2,350	$2,150 – $2,663	23	100.0%
Nov 2025	455	$2,400	$2,200 – $2,700	20	100.0%
Oct 2025	520	$2,400	$2,200 – $2,750	19	100.0%
Sep 2025	575	$2,450	$2,250 – $2,763	17	100.0%
Aug 2025	734	$2,500	$2,250 – $2,800	17	100.0%
Jul 2025	763	$2,500	$2,300 – $2,800	18	100.0%
Jun 2025	634	$2,450	$2,250 – $2,800	20	100.0%
May 2025	605	$2,450	$2,250 – $2,800	18	100.0%
Apr 2025	519	$2,500	$2,250 – $2,800	20	100.0%
Mar 2025	521	$2,500	$2,300 – $2,750	26	100.0%
Feb 2025	389	$2,500	$2,300 – $2,700	24	100.0%
Jan 2025	373	$2,500	$2,350 – $2,800	24	100.0%
Dec 2024	276	$2,600	$2,350 – $2,900	24	100.0%
Nov 2024	337	$2,600	$2,400 – $2,895	22	100.0%
Oct 2024	316	$2,700	$2,500 – $2,950	18	100.0%
Sep 2024	458	$2,700	$2,500 – $3,000	21	100.0%
Aug 2024	853	$2,650	$2,500 – $3,000	27	100.0%
Jul 2024	679	$2,650	$2,485 – $3,000	25	100.0%
Jun 2024	409	$2,650	$2,450 – $3,000	36	100.0%
May 2024	399	$2,650	$2,450 – $3,000	36	100.0%
Apr 2024	358	$2,600	$2,400 – $2,900	35	100.0%
Mar 2024	221	$2,600	$2,425 – $2,900	29	100.0%
Feb 2024	123	$2,600	$2,400 – $2,900	27	100.0%
Jan 2024	142	$2,688	$2,500 – $2,900	21	100.0%
Dec 2023	146	$2,700	$2,500 – $2,900	19	100.0%
Nov 2023	164	$2,688	$2,500 – $2,975	15	100.0%
Oct 2023	209	$2,700	$2,550 – $3,000	12	100.0%

What people ask about Mississauga

How much is rent for a condo in Mississauga?

The median condo lease in Mississauga closed at $2,399 a month over the 12 months to September 2026, across 6,765 leases.

Compiled by HOMEH from leases reported closed in Mississauga 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.

Questions, answered

Common questions about condos for rent in Mississauga

How much is a condo to rent in Mississauga?

The median rent of the 450 condos for rent in Mississauga is $2,600/mo. By size, the median is $2,225/mo for 1 bedroom and $2,600/mo for 2 bedrooms.

All rentals in Mississauga

Are there furnished condos for rent in Mississauga?

Yes. 43 of the 450 condos for rent in Mississauga are listed furnished and 17 partly furnished.

All rentals in Mississauga

Keep looking

More Rentals in Mississauga

1,099 homes are for rent in Mississauga. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.