Are you thinking about making Mississauga your new home but worried about the cost of living?
You’re in the right place, and I can’t wait to share with you the top three most affordable neighborhoods in Mississauga that offer a fantastic quality of life.
Mississauga is a vibrant and diverse city with plenty to offer families and individuals alike. From excellent schools, great restaurants, and a rich cultural scene, it’s an attractive place to settle down.
While some areas can be pricey, there are neighborhoods that combine affordability with all the amenities you need for a balanced lifestyle.
Most Affordable Neighborhoods in Mississauga
I’m going to introduce you to the top three cheapest places to live in Mississauga that don’t compromise on quality of life. Plus, I’ll share some insider tips about each neighborhood to help you decide which one might be the perfect fit for you.
Methodology
Before we jump in, let me explain how I ranked these neighborhoods. I considered factors such as the average property purchase price, the average rent for a one-bedroom apartment as of fall 2024, and overall quality of life.
I drew on various real estate and rental statistics, as well as feedback from real people who have moved to these areas.
Quality of Life Factors:
- Job opportunities
- Quality of education
- Quality of healthcare
- Feeling of safety
- Public transportation
- Environment (cleanliness)
- Availability of recreational facilities and parks
1. Erin Mills
Trails, Parks, and a Balanced Residential Mix
- Average cost of rent for a 1-bedroom apartment: $2,121
- Average cost of buying a property: $1,170,000
Erin Mills is located on the western side of Mississauga and is home to about 42,200 residents. What I love about Erin Mills is its perfect blend of residential, commercial, and green spaces. The neighborhood is known for its extensive trails and parks, such as Erin Centre Trail Park, offering plenty of recreational facilities for families and promoting a healthy lifestyle.
Housing Options:
Erin Mills offers a variety of residential options, including single-family homes, townhouses, semi-detached and fully detached houses, as well as condominiums. This diversity makes it easier to find a home that fits your budget and lifestyle.
Great Schools:
For families, Erin Mills boasts some excellent schools.
2. Applewood Hills
Ideal for Young Families
- Average cost of rent for a 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.
Community Spirit:
What truly sets Applewood Hills apart is its peaceful vibe and strong community spirit. Residents actively participate in local events, creating a welcoming atmosphere that’s hard to beat.
Perfect for Families:
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. Many homes are priced under $1 million, making it relatively affordable.
Convenient Amenities:
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.
3. Churchill Meadows
Great for Families
- Average cost of rent for a 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’s one of Mississauga’s youngest and fastest-growing neighborhoods, featuring a mix of well-maintained homes.
Affordable Living with Great Connectivity:
Despite being well-connected to Mississauga and the Greater Toronto Area, Churchill Meadows benefits from lower housing costs compared to downtown Toronto. This makes it an attractive option for those seeking affordability without sacrificing convenience.
High Quality of Life:
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
- Triple gymnasium
- Multipurpose room with a teaching kitchen
- Active living studio
- Two lit artificial turf soccer fields
- Playground and spray pad
- Skate park and multipurpose court
- Outdoor fitness equipment and trails
Excellent Schools:
Families will be pleased to know that Churchill Meadows also boasts some top-rated schools.
The Bottom Line
Mississauga has so much to offer, and these three neighborhoods prove that you don’t have to break the bank to enjoy a high quality of life. Whether you’re a young professional, a growing family, or someone looking to downsize, Erin Mills, Applewood Hills, and Churchill Meadows have something for everyone.
I hope this blog about affordable neighborhoods in Mississauga helps you in your search for the perfect place to call home! Of course, if you have any questions or need assistance finding your dream home, feel free to call me anytime at 905-209-7400.
