Condos for Rent in Erin Mills, Mississauga, ON
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Neighbourhood in Mississauga
Erin Mills
Erin Mills is a suburban 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 5 days ago
Unit 604, 2155 Burnhamthorpe Road
Mississauga (Erin Mills), ON L5L 5P9
Condo ApartmentFor Rent
Listed 6 days ago
Unit 410, 3401 Ridgeway Drive
Mississauga (Erin Mills), ON L5L 0B9
Condo ApartmentFor Rent
Listed 15 days ago
Unit 417, 3401 Ridgeway Drive E
Mississauga (Erin Mills), ON L5L 0B9
Condo ApartmentFor Rent
Listed 16 days ago
Unit 1001, 2560 Eglinton Avenue
Mississauga (Erin Mills), ON L5M 0Y3
Condo ApartmentFor Rent
Day to dayLivability
7.1
Schools near listings
out of 10 · averaged over 2,754 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
$999,999
In Erin Mills
$999,999
In Mississauga
$888,000
In Ontario
$714,900
Median monthly rent
$2,800/mo
In Erin Mills
$2,800
In Mississauga
$2,700
In Ontario
$2,500
$651
Per square foot
≈ 29.8 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
129
Median $999,999
Houses 76 · Condos 52
For rent
48
Median $2,800
Condos 25 · Houses 23
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
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 with schools and parks
- Diverse community with a high immigrant population
- Good median income levels for residents
- Variety of housing styles to choose from
Keep in mind
- Housing prices are above city median
- Higher rent costs compared to city averages
The feel of the placeLifestyle
Daily life in Erin Mills is comfortable and community-oriented, with plenty of amenities nearby. Residents enjoy a suburban feel with access to nature and local shops.
Within the boundaryWhat's nearby
The boundary
13.1 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
26
Parks
27
Playgrounds
5
Grocery stores
4
Restaurants
11
Cafés
3
Gyms
3
Libraries
8
Pharmacies
Counted across all 13.1 km² of Erin Mills. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
6.8/10
Average rating of the 7 rated schools in this area
14
Elementary
2
Secondary
St Mark Separate School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
8.6/108.8 over 5 yrs150th of 3,045 Ontario elementary schools
385 students · EQAO 2024-2025
Christ The King Catholic School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
7.2/106.4 over 5 yrs751st of 3,045 Ontario elementary schools
290 students · EQAO 2024-2025
St Clare School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.8/106.5 over 5 yrs1,026th of 3,045 Ontario elementary schools
290 students · EQAO 2024-2025
All Saints Catholic School
Catholic · Grades JK–8 · Dufferin-Peel CDSB
6.5/106.2 over 5 yrs1,231st of 3,045 Ontario elementary schools
370 students · EQAO 2024-2025
ÉÉC Saint-Jean-Baptiste
Independent · French · Grades JK–8 · CSC MonAvenir
6.3/107.2 over 5 yrs1,366th of 3,045 Ontario elementary schools
255 students · EQAO 2024-2025
Erindale Secondary School
Public · Grades 9–12 · Peel DSB
6.2/10349th of 742 Ontario secondary schools
1,005 students · EQAO 2024-2025
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Erin Mills, 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
44,061
Population (2021)
18.2 km²
Area
2,423
People per km²
44.7
Median age
$116,130
Median income
79%
Own their home
2.9
People per household
15,200
Households
Every age
- Children (under 15)14.3%
- Working age (15–64)63.9%
- Seniors (65+)21.7%
What is built here
- Detached houses45.8%
- Semi-detached10.5%
- Townhouses21.9%
- Duplexes2.2%
- Low-rise apartments4.1%
- High-rise apartments15.5%
Own or rent
79%Owners
21%Renters
Across 15,200 households
When it was built
Mostly 1981–1990
- 1960 or earlier2%
- 1961–198038%
- 1981–199040%
- 1991–200013%
- 2001–20051%
- 2006–20101%
- 2011–20151%
- 2016–20211%
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.
- 45.7%
- Born outside Canada
- 37.3%
- Hold a degree or higher
- 52.1%
- Employment rate
- 8.5%
- Commute by transit
- 84.9%
- Commute by car
- 1.8
- Children per family
- $100,190
- Median income after tax
- $136,659
- Average household income
- 7.5%
- Living on a low income
- $1,554/mo
- Renters pay, per month
- $1,642/mo
- Owners pay, per month
- $975,993
- Median home value at census
- 21.2%
- Renters spending 30%+ of income on housing
- 21.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 70 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)
What condos in Erin Mills actually rent for
At least 90 condos were leased in Erin Mills over the 12 months to September 2026. Half leased above $2,357 and half below, 10.8% lower than the 12 months before. A typical condo found its tenant in 20 days.
3 of the last 12 months had at least 5 closed condos sales in Erin Mills. 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
- $2,357
- -10.8% year over year
- Days to lease
- 20
- 1 day quicker
- Leases closed
- 90
- last 12 months
- Rent per square foot
- $3.26/mo
- from 82 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
$2,987/mo
on a $3,000 asking rent — under ask by $13
- Of the asking rent
- 99.6%
- Leased over asking
- 6.7%
From 90 leases that closed here in the last 12 months.
Rent or buy in Erin Mills
20.2 years
of rent, at the going rate here, adds up to what a condo here costs.
Median sold price
$571,525
24 sales
Median rent
$2,357/mo
90 leases
Gross rental yield
4.95%
before costs
Both figures come from deals that actually closed in Erin Mills 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.
Terracotta marks the last 12 months.
Every month behind these charts — Erin Mills, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Aug 2026 | 16 | $2,400 | $2,175 – $2,813 | 12 | 100.0% |
| Jul 2026 | 9 | $2,450 | $2,350 – $2,900 | 18 | 100.0% |
| Jun 2026 | 14 | $2,340 | $2,163 – $2,850 | 16 | 100.0% |
| May 2026 | 9 | $2,300 | $2,250 – $2,750 | 28 | 100.0% |
| Apr 2026 | 7 | $2,350 | $2,325 – $2,613 | 12 | 100.0% |
| Mar 2026 | 6 | $2,450 | $2,250 – $2,688 | 23 | 99.1% |
| Feb 2026 | 10 | $2,450 | $2,313 – $2,688 | 14 | 99.1% |
| Nov 2025 | 7 | $2,400 | $2,250 – $3,000 | 35 | 98.4% |
| Oct 2025 | 12 | $2,150 | $1,993 – $2,425 | 29 | 98.8% |
| Sep 2025 | 8 | $2,375 | $2,188 – $2,800 | 13 | 100.0% |
| Aug 2025 | 14 | $2,745 | $2,363 – $2,900 | 11 | 100.0% |
| Jul 2025 | 20 | $2,775 | $2,375 – $2,950 | 14 | 100.0% |
| Jun 2025 | 17 | $2,600 | $2,475 – $2,725 | 13 | 100.0% |
| May 2025 | 7 | $2,550 | $2,350 – $2,900 | 44 | 100.0% |
| Apr 2025 | 7 | $2,850 | $2,525 – $2,950 | 45 | 100.0% |
| Mar 2025 | 7 | $2,300 | $2,115 – $2,350 | 13 | 98.4% |
| Feb 2025 | 10 | $2,625 | $2,463 – $2,950 | 30 | 100.0% |
| Dec 2024 | 5 | $2,650 | $2,350 – $2,700 | 37 | 100.0% |
| Nov 2024 | 5 | $2,300 | $2,299 – $2,400 | 20 | 97.9% |
| Oct 2024 | 7 | $2,950 | $2,700 – $3,038 | 22 | 100.0% |
| Sep 2024 | 12 | $2,750 | $2,688 – $3,000 | 17 | 100.0% |
| Aug 2024 | 13 | $2,800 | $2,550 – $3,100 | 14 | 100.0% |
| Jul 2024 | 17 | $2,850 | $2,525 – $3,150 | 40 | 100.0% |
| Jun 2024 | 8 | $2,925 | $2,575 – $3,163 | 43 | 100.0% |
| May 2024 | 10 | $2,500 | $2,413 – $2,675 | 34 | 100.0% |
| Apr 2024 | 12 | $2,450 | $2,163 – $2,788 | 36 | 100.0% |
| Mar 2024 | 7 | $2,100 | $2,050 – $2,575 | 20 | 100.0% |
| Oct 2023 | 8 | $2,650 | $2,500 – $3,088 | 5 | 100.0% |
What people ask about Erin Mills
How much does a condo cost in Erin Mills?
Condos in Erin Mills sold for a median of $571,525 over the 12 months to September 2026, across at least 24 closed sales — half sold for more and half for less. That is 13.5% lower than the 12 months before it.
How long does it take to sell a condo in Erin Mills?
A condo in Erin Mills took a median of 43 days on the market over the 12 months to September 2026. Condos there closed at 96.9% of the asking price on average, with 4.2% selling over asking.
How much is rent for a condo in Erin Mills?
The median condo lease in Erin Mills closed at $2,357 a month over the 12 months to September 2026, across at least 90 leases.
Is it cheaper to rent or buy a condo in Erin Mills?
A condo in Erin Mills costs about 20.2 years of the rent on one — the median price of $571,525 against a median rent of $2,357 a month, a gross yield of 4.95%. The shorter that number, the closer buying is to renting before financing costs.
Compiled by HOMEH from leases reported closed in Erin Mills 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.