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2 Bedroom Houses Under $500K for Rent in Waterloo, ON

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Looking for an affordable rental in Waterloo? Explore our wide listings of 2-Bedroom house for rent under Under $500K in Waterloo, ON, on Square Yards, Canada. We have a wide range of houses to rent in various budget options! On our website, you can search for the desired area and filter out your budget, unit sizes, amenities, and more according to your requirements. This will help you find the perfect rental that suits your lifestyle and your budget. Discover the best 2-Bedroom house for rent under Under $500K in Waterloo today with Square Yards Canada.

Last Updated: September 20, 2026

35 Photos

25 Wellington Street, Waterloo, ON , MLS #X13807158 , Image - 1

Unit-610, 25 Wellington Street Kitchener, Waterloo, ON MLS® X13807158

Residential Condo & Other (Condo Apartment)

$2400.0

2 Beds
2 Baths
700-799 sq-ft

Welcome To Unit 610 At Station Park Duo, A Gorgeous Carpet-Free 2-Bedroom, 2-Bathroom Residence With Underground Parking And Locker In The Heart Of Ki

20 Photos

25 Isherwood Avenue, Waterloo, ON , MLS #X13807212 , Image - 1

25 Isherwood Avenue Cambridge, Waterloo, ON MLS® X13807212

Residential Condo & Other (Condo Townhouse)

$2250.0

2 Beds
2 Baths
1000-1199 sq-ft

Welcome to this stylish single-level townhome featuring 2 bedrooms and 2 full bathrooms, thoughtfully designed for total main-floor convenience with n

16 Photos

130 Daylily Lane, Waterloo, ON , MLS #X13806910 , Image - 1

Unit-62, 130 Daylily Lane Kitchener, Waterloo, ON MLS® X13806910

Residential Condo & Other (Condo Townhouse)

$2250.0

2 Beds
2 Baths
1000-1199 sq-ft

FOR LEASE! This condo townhouse delivers 2 parking spaces whether you are two vehicle household or need space for visiting family or rent it out for a

6 Photos

586 Victoria Street S, Waterloo, ON , MLS #X13472438 , Image - 1

Unit-8, 586 Victoria Street S Kitchener, Waterloo, ON MLS® X13472438

Residential Freehold (Multiplex)

$2000.0

Reduced by 13.0%

2 Beds
1 Baths
< 700 sq-ft

Bright Modern and Spacious 2 Bedroom Unit with large windows and double closet on 586 Victoria Street S Kitchener. This unit has a luxury finished kit

19 Photos

89 Elgin Street N, Waterloo, ON , MLS #X13806098 , Image - 1

89 Elgin Street N Cambridge, Waterloo, ON MLS® X13806098

Residential Freehold (Detached)

$1850.0

2 Beds
1 Baths
1100-1500 sq-ft

Welcome to this well-maintained lower-level suite located in a charming all-brick bungalow in a quiet, established neighbourhood. Offering a private s

26 Photos

1100 Courtland Avenue, Waterloo, ON , MLS #X13806050 , Image - 1

Unit-309, 1100 Courtland Avenue Kitchener, Waterloo, ON MLS® X13806050

Residential Condo & Other (Condo Apartment)

$1900.0

2 Beds
1 Baths
800-899 sq-ft

Welcome to 1100 Courtland Ave #309! This bright and spacious condo offers comfortable living in a convenient Kitchener location. The well laid out uni

14 Photos

76 Brybeck Crescent, Waterloo, ON , MLS #X13471414 , Image - 1

Unit-202, 76 Brybeck Crescent Kitchener, Waterloo, ON MLS® X13471414

Residential Condo & Other (Condo Apartment)

$1799.0

2 Beds
1 Baths
900-999 sq-ft

Welcome to Unit 202 at 76 Brybeck Crescent, Kitchener! This bright and well-maintained 2-bedroom, 1-bathroom condo apartment offers approximately 900

5 Photos

275 Larch Street, Waterloo, ON , MLS #X13724442 , Image - 1

Unit-B 104, 275 Larch Street Waterloo, ON MLS® X13724442

Residential Condo & Other (Condo Apartment)

$1950.0

2 Beds
1 Baths
700-799 sq-ft

Discover comfortable urban living in this thoughtfully designed two-bedroom, one-bathroom suite located in Waterloo's sought-after university district

12 Photos

521 Havelock Drive Waterloo, ON MLS® X13804758

Residential Freehold (Detached)

$1800.0

2 +1 Beds
1 Baths
700-1100 sq-ft

Legally Registered and recently renovated with larger Windows for increased natural light. 2 Bedroom plus Den with 1 Parking Space available October 1

22 Photos

7 Rittenhouse Road, Waterloo, ON , MLS #X13803472 , Image - 1

Unit-102, 7 Rittenhouse Road Kitchener, Waterloo, ON MLS® X13803472

Residential Condo & Other (Other)

$2125.0

2 Beds
2 Baths
900-999 sq-ft

Rittenhouse Place is a beautifully maintained apartment residence in south Kitchener, ideally situated near parks, community centres, and convenient s

20 Photos

404 King Street W, Waterloo, ON , MLS #X13803020 , Image - 1

Unit-308, 404 King Street W Kitchener, Waterloo, ON MLS® X13803020

Residential Condo & Other (Condo Apartment)

$2500.0

2 Beds
2 Baths
1000-1199 sq-ft

Beautiful Loft-Style 2-Bedroom, 2 Bathroom, 1050 sqft Condo for Lease at the historic Kaufman Boot-Factory Lofts! Come rent the largest floor-plan in

18 Photos

5 Rittenhouse Road, Waterloo, ON , MLS #X13802214 , Image - 1

Unit-102, 5 Rittenhouse Road Kitchener, Waterloo, ON MLS® X13802214

Residential Condo & Other (Other)

$2125.0

2 Beds
2 Baths
800-899 sq-ft

Rittenhouse Place is a beautifully maintained apartment residence in south Kitchener, ideally situated near parks, community centres, and convenient s

33 Photos

245 Bishop Street S, Waterloo, ON , MLS #X13801378 , Image - 1

Unit-22, 245 Bishop Street S Cambridge, Waterloo, ON MLS® X13801378

Residential Condo & Other (Condo Townhouse)

$2800.0

2 Beds
2 Baths
1200-1399 sq-ft

Welcome to this beautiful 2-Bed, 1.5-bath condo townhouse backing onto the scenic Grand River. Large windows and hardwood flooring throughout the main

14 Photos

300 Keats Way, Waterloo, ON , MLS #X13788422 , Image - 1

Unit-505, 300 Keats Way Waterloo, ON MLS® X13788422

Residential Condo & Other (Condo Apartment)

$2300.0

2 Beds
2 Baths
1000-1199 sq-ft

Prime Location Rental in Beechwood/University Area! Fantastic 2 Bed, 2 Bath condo unit located just steps from the University of Waterloo and Wilfrid

16 Photos

1676 Fischer Hallman Road, Waterloo, ON , MLS #X13797192 , Image - 1

Unit-C, 1676 Fischer Hallman Road Kitchener, Waterloo, ON MLS® X13797192

Residential Condo & Other (Condo Townhouse)

$2200.0

2 Beds
2 Baths
900-999 sq-ft

Bright & Spacious 2-Bedroom Condo Townhouse for Lease - Prime Location! Welcome to this well-maintained and spacious 2-bedroom condo townhouse, ideall

22 Photos

280 Thaler Avenue, Waterloo, ON , MLS #X13770194 , Image - 1

Unit-13, 280 Thaler Avenue Kitchener, Waterloo, ON MLS® X13770194

Residential Condo & Other (Condo Townhouse)

$2250.0

2 Beds
1 Baths
900-999 sq-ft

Don't miss this opportunity-well-appointed two-storey condo townhomes offering this combination of space, privacy, and low-maintenance living are high

31 Photos

405 Erb Street W, Waterloo, ON , MLS #X13797236 , Image - 1

Unit-403, 405 Erb Street W Waterloo, ON MLS® X13797236

Residential Condo & Other (Condo Apartment)

$2300.0

2 Beds
2 Baths
1200-1399 sq-ft

Furnished 2 bedrooms + 2 washrooms unit in a quiet luxury Condo in Waterloo! Bright and Spacious layout. Offering 1280 Sq.ft. of well-maintained unit

7 Photos

258A Sunview Street, Waterloo, ON , MLS #X13796492 , Image - 1

Unit-1617, 258A Sunview Street Waterloo, ON MLS® X13796492

Residential Condo & Other (Condo Apartment)

$1999.0

2 Beds
1 Baths
600-699 sq-ft

Welcome To The Heart Of Waterloo. This Stunning 2-Bedroom, 1-Bathroom Condo On The 6th Floor Offers A Bright & Open Concept Layout, This Partially Fur

22 Photos

40 Palace Street, Waterloo, ON , MLS #X13604148 , Image - 1

Unit-L8, 40 Palace Street Kitchener, Waterloo, ON MLS® X13604148

Residential Condo & Other (Condo Townhouse)

$2000.0

Reduced by 2.4%

2 Beds
2 Baths
1000-1199 sq-ft

Welcome to this gorgeous 1 year old townhome , where modern living meets comfort and convenience. This beautifully designed 2-bedroom, 2-bathroom home

14 Photos

243 Rachel Crescent, Waterloo, ON , MLS #X13795610 , Image - 1

Unit-G, 243 Rachel Crescent Kitchener, Waterloo, ON MLS® X13795610

Residential Condo & Other (Condo Apartment)

$2000.0

2 Beds
1 Baths
900-999 sq-ft

Stylish 2-Bedroom Stacked Townhouse Rental in Highly Desired Huron Park Neighbourhood. Upon entry you'll find a spacious open concept Living and Dinin

16 Photos

350 Fisher Mills Road, Waterloo, ON , MLS #X13794836 , Image - 1

Unit-39, 350 Fisher Mills Road Cambridge, Waterloo, ON MLS® X13794836

Residential Condo & Other (Condo Townhouse)

$2300.0

2 Beds
3 Baths
1200-1399 sq-ft

This stylish stacked townhouse offers a bright and functional layout ideal for professionals, couples or a small family looking for a comfortable plac

9 Photos

1989 Ottawa St Street S, Waterloo, ON , MLS #X13666778 , Image - 1

Unit-18 E, 1989 Ottawa St Street S Kitchener, Waterloo, ON MLS® X13666778

Residential Condo & Other (Condo Townhouse)

$1950.0

Reduced by 6.9%

2 Beds
2 Baths
900-999 sq-ft

Beautiful 2 Bedroom with 1.5 bath in great location. Granite countertop in kitchen. Walk out to balcony from kitchen. Separate dinette and living room

21 Photos

234 Heiman Street, Waterloo, ON , MLS #X13794174 , Image - 1

Unit-101, 234 Heiman Street Kitchener, Waterloo, ON MLS® X13794174

Residential Condo & Other (Condo Apartment)

$2100.0

2 Beds
1 Baths
900-999 sq-ft

Located in Kitchener's Southdale neighbourhood, this bright and modern 2 bedroom, 1 bathroom condo offers stylish finishes and everyday convenience. U

7 Photos

76 Lomond Lane, Waterloo, ON , MLS #X13742284 , Image - 1

76 Lomond Lane Kitchener, Waterloo, ON MLS® X13742284

Residential Condo & Other (Condo Townhouse)

$2250.0

Reduced by 2.2%

2 Beds
3 Baths
1000-1199 sq-ft

This beautifully updated home showcases a modern kitchen featuring stainless steel appliances, sleek This beautifully updated home showcases a modern

17 Photos

286 Chandler Drive, Waterloo, ON , MLS #X13793130 , Image - 1

Unit-409, 286 Chandler Drive Kitchener, Waterloo, ON MLS® X13793130

Residential Condo & Other (Condo Apartment)

$1699.0

2 Beds
1 Baths
800-899 sq-ft

Welcome to 409-286 Chandler Drive in Kitchener! This bright and inviting 2-bedroom, 1-bathroom unit is currently available and offers a comfortable, p

21 Photos

461 Beechwood Place, Waterloo, ON , MLS #X13757924 , Image - 1

Unit-#54, 461 Beechwood Place Waterloo, ON MLS® X13757924

Residential Condo & Other (Condo Townhouse)

$2450.0

2 Beds
2 Baths
800-899 sq-ft

Welcome to this inviting 2-storey stacked townhouse condo, an excellent opportunity for first-time buyers, downsizers, or investors. This well-maintai

9 Photos

736 Old Albert Street, Waterloo, ON , MLS #X13790328 , Image - 1

Unit-403, 736 Old Albert Street Waterloo, ON MLS® X13790328

Residential Condo & Other (Condo Apartment)

$1845.0

2 Beds
1 Baths
700-799 sq-ft

Discover an elevated living experience at 736 OLD ALBERT ST 403, WAT ON N2L 6R4, a sophisticated condominium residence offering a singular story of re

7 Photos

131 Mcnichol Drive, Waterloo, ON , MLS #X13739516 , Image - 1

Unit-Basemen, 131 Mcnichol Drive Cambridge, Waterloo, ON MLS® X13739516

Residential Freehold (Detached)

$1600.0

2 Beds
1 Baths
1100-1500 sq-ft

Watch the attached Video -->>Fully renovated LEGAL BASEMENT APARTMENT WITH SEPARATE ENTRANCE AND SEPARATE LAUNDRY -->>Absolutely Fantastic --->> Spaci

12 Photos

46 Wayne Drive, Waterloo, ON , MLS #X13788248 , Image - 1

Unit-Basement, 46 Wayne Drive Kitchener, Waterloo, ON MLS® X13788248

Residential Freehold (Detached)

$2000.0

2 Beds
2 Baths
< 700 sq-ft

Rare Opportunity! This bright and spacious, fully self-contained basement offers exceptional versatility with 2 bedrooms plus a separate family room t

34 Photos

60 Fredrick Street, Waterloo, ON , MLS #X13648212 , Image - 1

Unit-809, 60 Fredrick Street Kitchener, Waterloo, ON MLS® X13648212

Residential Condo & Other (Condo Apartment)

$1750.0

Reduced by 12.5%

2 Beds
2 Baths
600-699 sq-ft

Less than 5 Year Old Luxury Bldg In Downtown Kitchener. 2BR, 2 Wr Unit With A Large Terrace. Absolutely Lovely Modern Finishes: Quartz Counters. LRT A

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