Mississauga City Centre Apartments for Rent & Condo Comps

Mississauga City Centre's average realized lease price is $2,569 per month ($3.51 per square foot), based on 317 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market leases between $2,200 (25th percentile) and $2,750 (75th percentile) per month, sitting closely aligned with the broader Mississauga municipal average of $2,610 per month.

The average rent for a 1-bedroom apartment in Mississauga City Centre, Mississauga is $2,115 per month ($3.83 per square foot) based on 180-day data, while 1-bedroom plus den suites average $2,307 per month ($3.59 per square foot). Over the trailing 30-day window, standard 1-bedroom suites averaged $2,196 per month. Most 1-bedroom units lease between $2,012 (25th percentile) and $2,200 (75th percentile) per month, with an average size of 564 square feet.

The average rent for a 2-bedroom apartment in Mississauga City Centre, Mississauga is $2,660 per month ($3.42 per square foot) based on 180-day data, while 2-bedroom plus den suites average $2,854 per month ($3.08 per square foot). Over the trailing 30 days, standard 2-bedroom suites averaged $2,691 per month. Most 2-bedroom units lease between $2,500 and $2,750 per month, representing an average rent step-up of $545 and an additional 230 square feet compared to standard 1-bedroom layouts.

The average rent for a 3-bedroom apartment in Mississauga City Centre, Mississauga is $3,455 per month ($3.58 per square foot), based on 180-day data spanning 38 closed leases. Three-bedroom and larger apartment rentals in Mississauga City Centre represent a scarce inventory segment, with tracked suites averaging 1,080 square feet and 30-day realized rents averaging $3,667 per month across 12 transactions.

Within Mississauga City Centre, Place IV commands the highest average lease rate at approximately $3,213 per month across tracked transactions, while entry-level private transactions across tracked submarket inventory start around $2,100 per month.

Mississauga City Centre rents average $2,569 per month, which is lower than the overall Mississauga municipal average of $2,610 per month (a spread of -$41 or -1.57%). Properties in Mississauga City Centre spend an average of 23 days on the market, matching the broader Mississauga municipal average of 23 days.

Condo and apartment rentals in Mississauga City Centre primarily fall within postal forward sortation areas such as L4Z.

Rental listings in Mississauga City Centre spend an average of 23 days on the market before leasing, based on 30-day tracking through August 31, 2026—matching the broader Mississauga municipal benchmark of 23 days.

With active listings averaging $2,747 against closed leases averaging $2,569—an asking-to-realized spread of $178 per month—landlords in Mississauga City Centre should price units in close alignment with recent closed lease benchmarks rather than aspirational asking rates to prevent days on market from exceeding the 23-day submarket average.

Reserved parking in Mississauga City Centre adds an estimated $88 to $207 per month across studio, 1-bedroom, and 2-bedroom layouts based on verified unbundled lease comps.

Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.