Living and Renting in Mississauga in 2026
Real neighborhoods, real answers. The complete SQRFT guide for renters and landlords in Canada's sixth-largest city, part of the Greater Toronto Area.
Population
717,961
StatCan, 2021 Census
Canada rank
#6
by city population
Universities
2
UTM, Sheridan
To downtown Toronto
25-40 min
via QEW/GO Transit
Section 1
What renting in Mississauga looks like in late 2025
Mississauga is Canada's sixth-largest city and sits inside the Greater Toronto Area, anchored by Pearson International Airport. Neither CMHC's Fall 2025 Rental Market Report nor Rentals.ca's National Rent Report break out Mississauga as its own market — both fold it into the broader "Greater Toronto Area" CMA figure alongside Toronto proper and other 905-region municipalities.
We will not present a GTA-wide number as if it were Mississauga-specific, and we will not estimate one. CMHC's Fall 2025 report does note, qualitatively, that post-secondary-adjacent GTA neighbourhoods (a category that includes areas near UTM and Sheridan) saw vacancy climb above 4 percent — but this is a regional observation, not a Mississauga figure, and we are labeling it as such rather than implying more precision than the source actually provides.
The practical read
Section 2
Where people rent in Mississauga
Mississauga's rental market splits between its high-rise condo core at Square One and its lower-density lakeside villages.
Canada's sixth-largest city and part of the Greater Toronto Area, anchored by Pearson International Airport. Distinct downtown core (Square One / City Centre) plus a separate lakeside village character in Port Credit and Clarkson.
Landmarks that anchor each area
Absolute World condominium towers ("the Marilyn Monroe Towers")
A defining Mississauga landmark renters use to orient themselves by area.
Port Credit waterfront and marina
A defining Mississauga landmark renters use to orient themselves by area.
Square One Shopping Centre
A defining Mississauga landmark renters use to orient themselves by area.
Celebration Square
A defining Mississauga landmark renters use to orient themselves by area.
SQRFT is building out detailed neighborhood-level pages across Mississauga. In the meantime, browse live listings from the rentals index and filter by area.
Section 3
Mississauga schools and school boards
Where you live decides which public school your kids attend.
The two boards
Peel District School Board
Serves families across Mississauga with designated catchment schools plus alternative and specialized programs.
Dufferin-Peel Catholic District School Board
Serves families across Mississauga with designated catchment schools plus alternative and specialized programs.
How to find a school for your address
- 1Use the board's school locator first.Enter the address on the PDSB or DPCDSB site and it returns the designated school for each grade level.
- 2Check whether the school is capped.Fast-growing areas near Meadowvale and Churchill Meadows can see designated schools close to non-catchment students.
- 3Confirm before you sign the lease.School-driven address decisions do not have a rewind button once you have committed to a lease term.
Public vs Catholic vs private
- •Public (PDSB):free, catchment-based, one of Ontario's largest school boards.
- •Catholic (DPCDSB):free, catchment-based, priority for baptized Catholic families with some open enrolment for others.
- •Private schools:concentrated near Port Credit and Erin Mills, tuition typically $12,000 to $30,000+ per year.
Section 4
Mississauga universities and post-secondary
University of Toronto Mississauga and Sheridan College together enroll roughly 40,000 students.
University of Toronto Mississauga
~16,000 students
Students concentrate in neighborhoods within walking or short-transit distance of UTM.
Sheridan College (Hazel McCallion Campus)
~24,000 students
Students concentrate in neighborhoods within walking or short-transit distance of Sheridan.
Timing tip
Section 5
Getting around Mississauga
MiWay runs the city's local bus network; GO Transit connects Mississauga to downtown Toronto.
The essentials
- •Mississauga Transitway:a bus-rapid-transit corridor along Highway 403/Eastgate, MiWay's fastest cross-city service.
- •GO Transit Milton and Lakeshore West lines:both serve Mississauga into Union Station, making a car-free downtown Toronto commute realistic from stations near these lines.
- •Pearson International Airport:Canada's largest airport straddles Mississauga, a major employment driver for the surrounding area.
Car-optional zones
Section 6
What it costs to live in Mississauga in 2026
Rent is the biggest line, but not the only one. Here's how Mississauga's fixed costs compare.
Where Mississauga wins
- •GTA access without downtown Toronto pricing.Mississauga generally offers lower rents than downtown Toronto proper while keeping a 25-40 minute commute via GO or highway.
- •No separate damage deposit required.Ontario law caps the move-in deposit at one month's rent applied to your last month, unlike provinces requiring a separate refundable damage deposit.
- •Major employer density.Pearson Airport, RBC, PepsiCo Canada, Microsoft Canada, and Amazon Canada head offices all sit within city limits, reducing commute times for many local renters.
Where Mississauga is expensive
- •HST.Ontario charges 13 percent HST (combined federal and provincial sales tax).
- •GTA-adjacent pricing pressure.As part of the GTA, Mississauga rents track closer to Toronto than to mid-size independent Ontario cities.
- •Parking and condo fees.High-rise rentals near Square One often carry separate parking costs on top of rent.
For live monthly cost-of-living data, Statistics Canada's Consumer Price Index release publishes the Toronto CMA component (which includes Mississauga) broken down by category.
Section 7
Mississauga events, culture, and why people love it here
The last section before we get to the practical answers. If you're deciding whether to move to Mississauga in the first place, this is what tips the scale.
Mississauga blends a dense, modern downtown at Square One with a distinct lakeside village character in Port Credit and Clarkson, plus one of the GTA's most ethnically diverse festival calendars.
Major annual events
Mississauga Waterfront Festival
August, Port Credit
A signature Mississauga event drawing large crowds citywide.
Carassauga Festival of Cultures
May
A signature Mississauga event drawing large crowds citywide.
Southside Shuffle Blues and Jazz Festival
September, Port Credit
A signature Mississauga event drawing large crowds citywide.
Mississauga's climate
-7°C
January average low
27°C
July average high
Lake-moderated
Winters and summers are softened by proximity to Lake Ontario
Mississauga's professional sports
Mississauga Steelheads (OHL)
Mississauga's major-junior hockey franchise.
Section 8
Renting in Mississauga: Ontario tenancy law essentials
These rules apply to every Mississauga rental. Bookmark this section.
Section 9
Live Mississauga rentals on SQRFT
Browse listings across Mississauga neighborhoods. All listings verified. Free to list.
Pricing
What should Mississauga rent cost?
Sources
Where these numbers come from
- CMHC Fall 2025 Rental Market Report, Greater Toronto Area CMA — does not break out Mississauga individually; cited here for the regional context noted above, not as a Mississauga-specific figure.
- Government of Ontario, 2026 Rent Increase Guideline
- Landlord and Tenant Board of Ontario
- MiWay (City of Mississauga transit)
- Statistics Canada, 2021 Census of Population
© 2026 SQRFT. This page is for information only and is not financial, legal, or investment advice. Data current as of the dates cited above.
