Apartments for Rent in Applewood, Mississauga, ON

Applewood, Mississauga apartment availability

Applewood's rental market offers a good selection of listings, with an average of 57 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, making up approximately 50 units. Many of these apartments feature popular amenities such as balconies, assigned parking, and on-site laundry, which are available in over 64% of the apartments. This makes Applewood a convenient and desirable neighborhood for renters looking for a range of amenities.

Applewood, Mississauga rental market trends

The Applewood neighborhood in Mississauga saw a modest increase in rent prices last year, with an average monthly rent of $2,616, representing a year-over-year increase of 1.9%. Breaking it down by bed count, 1-bedrooms averaged $2,302 per month, with a 1.7% annual increase, while 2-bedrooms averaged $2,743, with a 2.6% increase. The average rent for 3-bedrooms was $3,037, with a 1.4% increase, and studios averaged $1,740, with a 1.8% decrease.

In Applewood, the summer and early fall seasons tend to see higher demand and prices, with September typically being the most expensive month, with a 4% increase in rent compared to April, the month with the lowest average rent. If you're looking for a new apartment, April may be a good time to find a deal, with relatively lower prices. On the other hand, if you're looking to rent out a property, September may be the best time to capitalize on the higher demand and prices.

Why Applewood, Mississauga is a great place to live

We've analyzed data from the last few years to understand what makes Applewood, Mississauga, an attractive neighborhood for renters. Our findings suggest that Applewood excels in two key areas: environmental sustainability and social life.

For those prioritizing eco-friendliness, Applewood stands out due to its emphasis on waste recycling and composting, use of non-toxic paint, and sustainable materials in construction. The neighborhood's walk score and transit score also contribute to a reduced carbon footprint. Additionally, features like rainwater harvesting, community solar projects, and low-flow fixtures further enhance its environmental credentials.

Applewood is also an excellent choice for those seeking an active social life. The neighborhood's well-designed street infrastructure, high transit score, and frequent transit options ensure easy connectivity. Moreover, its strong safety record and high walk score make it an ideal location for renters who value community interaction and a vibrant social scene.