Top 10 Affordable Homes for Rent in Mississauga Right Now

Mississauga, one of the largest and most dynamic cities in the Greater Toronto Area (GTA), is an ideal place for people looking to live close to Toronto but without the hefty price tag. Known for its thriving economy, diverse culture, and excellent amenities, Mississauga attracts young professionals, families, and newcomers to Canada. With the city’s expansive range of rental options, it’s no surprise that many are flocking to Mississauga for affordable, high-quality living spaces.

In this blog, we’ll explore the top 10 affordable homes for rent in Mississauga right now, from charming furnished apartments for rent in Mississauga to short-term rentals that offer flexibility and comfort. Whether you're new to the area, transitioning between homes, or looking for a temporary place to stay, these rental options offer great value without compromising on quality.

1. Cozy 1-Bedroom Furnished Apartments in the City Centre

Located right in the heart of Mississauga, this 1-bedroom furnished apartment for rent in Mississauga is perfect for anyone who enjoys convenience without breaking the bank. The unit comes fully furnished with modern, stylish decor and all the necessary amenities for a comfortable stay. The apartment includes high-speed internet, in-unit laundry, and a fully stocked kitchen.

The Mississauga City Centre location gives you easy access to shopping, dining, and entertainment options, as well as excellent public transit connections to the rest of the GTA. Ideal for young professionals or students, this furnished apartment offers a balance of comfort and practicality, all at a very reasonable price.

Rent: $1,500/month

2. Affordable 2-Bedroom Short-Term Rental Near Square One

This short term rental in Mississauga is ideal for anyone looking for a flexible stay, whether it's for a few weeks or a few months. The 2-bedroom unit is fully furnished with contemporary pieces and includes access to fantastic amenities like a pool, gym, and concierge services. It’s located near Square One, Mississauga’s largest shopping mall, offering you proximity to retail stores, restaurants, and entertainment venues.

This apartment is perfect for families or two professionals who need extra space. Plus, the price includes utilities and high-speed internet, making it one of the most budget-friendly options in the area.

Rent: $2,200/month (short term)

3. Spacious 1-Bedroom Furnished Condo with Lake Views

For those who want to enjoy living by the water without spending a fortune, this 1-bedroom furnished condo in Mississauga offers an unbeatable value. Located near the waterfront, the condo offers sweeping views of Lake Ontario, along with an open-concept living area and high-end finishes.

The unit is tastefully furnished, with a modern kitchen and appliances, a private balcony, and access to a variety of building amenities, including a gym and a party room. With the added perk of being within walking distance of Port Credit’s restaurants and shops, this condo is ideal for anyone who enjoys a peaceful lifestyle with access to the hustle and bustle of downtown.

Rent: $1,800/month

4. Charming 2-Bedroom Townhome in Erin Mills

Located in the quiet, family-friendly neighborhood of Erin Mills, this 2-bedroom townhouse offers a cozy and affordable living space. The unit comes with a private entrance, a garage, and a spacious backyard—ideal for families or those who need extra space for work or play. The home has been recently renovated with modern finishes, making it both stylish and functional.

This rental is perfect for families or roommates looking for a more suburban feel, but with all the amenities of urban living close by. The townhouse is conveniently located near major highways and shopping centers, with excellent schools nearby.

Rent: $2,300/month

5. Affordable 1-Bedroom Short-Term Furnished Apartment in Downtown Mississauga

If you're visiting Mississauga for a short period and need a fully furnished space to call home, this short term furnished apartment Mississauga is a great option. Located in the heart of downtown, it offers a compact yet stylish living space that includes a queen-sized bed, a cozy seating area, and a fully equipped kitchen. The building also features shared amenities like a rooftop terrace, fitness center, and security.

For anyone seeking a temporary living situation in a prime location, this apartment offers the convenience of easy access to shopping, restaurants, and public transit, all for an affordable price.

Rent: $1,600/month (short term)

6. 3-Bedroom Detached House in Clarkson Village

For those who prefer more space and privacy, this 3-bedroom detached house in the desirable Clarkson Village neighborhood is an excellent choice. With a large backyard, a two-car garage, and plenty of room for a family, this home is perfect for those seeking a more traditional living arrangement. The interior boasts a spacious layout with modern finishes, including hardwood floors and updated appliances.

Located near Clarkson GO Station, this home offers quick access to both downtown Toronto and Mississauga. Plus, the nearby parks and schools make this rental ideal for families with children.

Rent: $2,600/month

7. Modern 2-Bedroom Furnished Suite in the Heart of Mississauga

Located in the bustling city center, this furnished suite in Mississauga offers a fantastic opportunity for those who want all the comforts of home, plus the perks of a fully serviced building. The unit features two bedrooms, a spacious living room, and a fully equipped kitchen. You'll also enjoy amenities like 24/7 concierge services, fitness facilities, and a resident's lounge.

This suite is ideal for those who need short-term accommodations but don’t want to sacrifice the comfort of a traditional home. With public transportation, restaurants, and shopping options just around the corner, this rental is perfect for busy professionals.

Rent: $2,100/month (short term)

8. Stylish 1-Bedroom Furnished Apartments Near Streetsville

For a more quiet, quaint area of Mississauga, consider this 1-bedroom furnished apartment near Streetsville. Known as the "Village in the City," Streetsville offers a small-town charm with tree-lined streets, historical buildings, and plenty of local cafes and shops.

This apartment is perfect for individuals who value peace and tranquility but still want easy access to the rest of Mississauga and beyond. The unit comes with a fully equipped kitchen, modern appliances, and all utilities included, making it an incredibly affordable option for renters.

Rent: $1,550/month

9. Cozy 2-Bedroom Condo in Hurontario

This cozy 2-bedroom furnished condo in Mississauga is situated in the vibrant Hurontario area. The unit boasts an open-concept floor plan with large windows that flood the space with natural light. The kitchen comes with sleek granite countertops and stainless steel appliances, perfect for cooking up your favorite meals.

This condo is ideal for young professionals or small families. It is located close to major transit routes, including the upcoming Hurontario LRT, and offers easy access to Square One Mall and a variety of dining options. The building amenities include a gym, party room, and outdoor patio.

Rent: $2,000/month

10. Charming 1-Bedroom Short-Term Rental in Mississauga Valley

This short-term rental in Mississauga Valley offers a charming and affordable 1-bedroom unit for anyone looking for a temporary stay in Mississauga. Located in a quiet residential area, this unit features a comfortable living room, a separate kitchen, and ample storage space.

With its proximity to major highways and transit routes, it offers a convenient option for people who need quick access to downtown Toronto or other parts of Mississauga. It’s ideal for short-term stays and comes fully furnished, making it perfect for anyone needing a hassle-free place to stay.

Rent: $1,500/month (short term)

Why Mississauga Is an Ideal Place to Rent

Mississauga has long been an attractive option for renters due to its proximity to Toronto, relatively affordable rental prices, and strong community atmosphere. Whether you're looking for furnished apartments for rent in Mississauga for a short-term stay or a furnished suite Mississauga for a longer rental, this city offers a wealth of rental options to meet all your needs.

What makes Mississauga even more appealing is the abundance of parks, cultural attractions, and excellent public transit systems, ensuring you don’t miss out on anything the city has to offer. The rental market in Mississauga is diverse, catering to individuals, families, and professionals seeking convenient and affordable living arrangements.

From short term furnished apartments Mississauga to spacious family homes and furnished condos, the city's rental market offers something for everyone, no matter your budget or lifestyle.

Conclusion

Whether you’re planning a short-term move, looking for a cozy space to call home, or searching for a long-term rental, the top 10 affordable homes for rent in Mississauga featured here offer something for everyone. With options ranging from fully furnished apartments and short-term rentals to spacious condos and houses, the city of Mississauga provides a wide range of affordable, high-quality homes.

If you're considering making Mississauga your home, these properties provide the ideal mix of affordability, comfort, and convenience. Start your search today and discover why Mississauga is one of the best places to live in the GTA!