Top 5 Cheapest Neighborhoods to live in Mississauga with the Best Quality of Life - 2024

• Average cost of rent for 1-bedroom apartment:$2,121
• Average cost of buying a property:$1,170,000

Erin Mills is located on the western side of Mississauga, with a population of 42,200 residents. It is known for its mix of residential, commercial, and green spaces. One of the main appeals is its collection of trails and parks, such as Erin Centre Trail Park, offering recreational facilities for families and promoting a healthy lifestyle for its residents.Erin Mills has a variety of residential neighborhoods, ranging from single-family homes, townhouses, semi-detached, and fully detached houses to condominiums. 

Redfin (Sept 2024) & Zumper (Sept 2024)

• Average cost of rent for 1-bedroom apartment:$2,347
• Average cost of buying a property: $912,000

If you’re looking for a community that feels like home, Applewood Hills is a top contender. Often regarded as one of the best places to live in Mississauga, this charming neighborhood boasts beautiful parks like Applewood Hills Park, with its playground, and the stunning Brueckner Rhododendron Gardens—perfect for leisurely strolls. What truly sets Applewood Hills apart is its peaceful vibe and strong community spirit, with residents actively participating in local events. Young families will appreciate the reputable schools, including Applewood Acres Public School and St. Joan of Arc Catholic School. The area primarily features single-family homes and townhouses, creating that ideal suburban charm, and many homes are priced under $1 million, making it relatively affordable. For shopping, nearby centers like Square One and Erin Mills Town Centre offer a variety of shops and dining options, all within a relaxed atmosphere. Overall, Applewood Hills is a fantastic place for families looking to settle down in a vibrant community.

Redfin (Sept 2024) & Zumper (Sept 2024)

• Average cost of rent for 1-bedroom apartment:$2,350
• Average cost of buying a property: $1,010,000

Churchill Meadows is a suburban residential neighborhood adjacent to Milton, with easy access to highways 403 and 407. It is one of Mississauga’s youngest and fastest-growing neighborhoods, with a mix of well-maintained homes. Despite being well-connected to Mississauga and the Greater Toronto Area, Churchill Meadows benefits from lower housing costs compared to downtown Toronto. The neighborhood offers a high quality of life with amenities such as the Churchill Meadows Community Centre and Mattamy Sports Park. The park features a 25-meter, six-lane pool, a triple gymnasium, a multipurpose room with a teaching kitchen, and an active living studio. Outdoor amenities include two lit artificial turf soccer fields, a playground, a spray pad, a skate park, a multipurpose court, outdoor fitness equipment, and trails. 

Redfin (Sept 2024) & Zumper (Sept 2024)

• Average cost of rent for 1-bedroom apartment:$2,384
• Average home price: $920,000

Meadowvale is the perfect neighborhood that offers suburban living mixed with a slower-paced environment, making it ideal for those who enjoy spending time in green spaces. The area has numerous parks and trails, including the Meadowvale Conservation Area and Lake Aquitaine Park. Meadowvale also offers a safe and welcoming environment with a low crime rate which is ideal for families. Meadowvale also features a variety of housing types, including single-family homes, detached and semi-detached homes, townhouses, and condominiums. 

Redfin (Sept 2024) & Zumper (Sept 2024)

• Average cost of rent for 1-bedroom apartment:$2,424
• Average cost of buying a property: $1,000,000

Clarkson, in the southwest of Mississauga by Lake Ontario, is a residential area with Lakeshore Road West as its main street. This street has shops and restaurants for residents to easily access amenities. Additionally, Southdown Road is where residents can find the Clarkson Go Station for commuting to Toronto and the GTA.Characterized by tree-lined streets, parks, and recreational facilities, Clarkson offers a mix of housing options, including single-family homes and condominiums. Clarckson is also known as one of the safest neighborhoods in Mississauga with a low crime rate!

Redfin (Sept 2024) & Zumper (Sept 2024)