Sheridan

Neighbourhood in Mississauga · Ontario · Population 7,209

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Approximate boundaries

Mississauga doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Mississauga.

Housing and jobs

Housing costs, rents, incomes and jobs in Sheridan, with comparisons and sources.

Affordability

17 · Poor

Average monthly rent$1,407/month

Mississauga: $1,650/month · Canada: $1,209/month · 2006: $1,049/month (estimated) · 2016: $1,144/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,491/month

City-wide figure for Mississauga · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,761/month

City-wide figure for Mississauga · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,045/month

City-wide figure for Mississauga · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,294/month

City-wide figure for Mississauga · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3%

City-wide figure for Mississauga · CMHC, 2025

Median dwelling value (owner-estimated)$1,048,995

Mississauga: $900,000 · Canada: $472,000 · Estimated · 2016: $736,062 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing32%

Mississauga: 28% · Canada: 20.9% · 2006: 36.6% (estimated) · 2016: 35.8% (estimated) · Statistics Canada, 2021

Economy

6 · Poor

Median household income$93,318

Mississauga: $102,000 · Canada: $84,000 · Estimated · 2006: $81,314 (estimated) · 2016: $78,181 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-0.5%

Canada: 5.2% · City-wide figure for Mississauga · Statistics Canada, 2021

Unemployment rate16.6%

Mississauga: 14% · Canada: 10.3% · 2006: 9.9% (estimated) · 2016: 10.8% (estimated) · Statistics Canada, 2021