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Houses for Rent in Waterloo Under $500K

Showing results 1 - 30 of 59

Finding a budget-friendly rental in Durham is now easier with our extensive listings of houses for rent under $500k in Waterloo,ON on Square Yards Canada. Catering to all requirements, from a 1-bedroom to a larger home, our platform offers a variety of affordable options in various neighbourhoods. Use our filters to search by budget, location, and amenities to find the perfect rental that fits your lifestyle. Each listing includes detailed information about bedroom and bathroom configurations and other amenities. Explore our comprehensive listings and find your ideal houses for rent under $500k in Waterloo today with Square Yards Canada.

Last Updated: June 25, 2026

47 Photos

318 Spruce Street, Waterloo, ON , MLS #X13454290 , Image - 1

Unit-406, 318 Spruce Street Waterloo, ON MLS® X13454290

Residential Condo & Other (Condo Apartment)

$1600.0

1 Beds
1 Baths
500-599 sq-ft

***Fully Furnished 1-Bedroom Unit - Luxury Sage Living***Perfect for students and professionals alike, this beautifully furnished 1-bedroom suite offe

28 Photos

128 King Street, Waterloo, ON , MLS #X13474846 , Image - 1

Unit-1403, 128 King Street Waterloo, ON MLS® X13474846

Residential Condo & Other (Condo Apartment)

$1698.0

1 +1 Beds
1 Baths
700-799 sq-ft

Welcome to Unit 1103 at ONE28 King Street North in the heart of Waterloo. This bright and spacious 1-bedroom + den condo features floor-to-ceiling win

36 Photos

15 Wellington Street S, Waterloo, ON , MLS #X13184454 , Image - 1

Unit-2414, 15 Wellington Street S Kitchener, Waterloo, ON MLS® X13184454

Residential Condo & Other (Condo Apartment)

$1600.0

1 Beds
1 Baths
500-599 sq-ft

Experience elevated urban living in this sophisticated one-bedroom, one-bathroom residence at Station Park Kitchener's premier address in the heart of

1 Photos

Unit-2, 1381 Hwy 8 Highway Cambridge, Waterloo, ON MLS® X13485416

Residential Freehold (Other)

$1475.0

2 Beds
1 Baths
< 700 sq-ft

Amazing 2 Bedroom , 1 Washroom Unit, lots of parking space with a breath taking country side view. Cozy Bedrooms with Walk in Closet. Separate Laundry

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525 New Dundee Road W, Waterloo, ON , MLS #X13482408 , Image - 1

Unit-412, 525 New Dundee Road W Kitchener, Waterloo, ON MLS® X13482408

Residential Condo & Other (Common Element Condo)

$2450.0

2 Beds
2 Baths
1000-1199 sq-ft

Welcome to your serene escape at Rainbow Lake Retreat! Now available for lease, this elegant 2 bedroom, 2 bathroom condo offers a tranquil living expe

12 Photos

55 Activa Avenue, Waterloo, ON , MLS #X13442750 , Image - 1

55 Activa Avenue Kitchener, Waterloo, ON MLS® X13442750

Residential Freehold (Detached)

$2900.0

3 Beds
3 Baths
1100-1500 sq-ft

Outstanding Location!. Located In A Prestigious Neighbourhood Of Laurentian Hills, Two-Story Single Detached Home With 3 Bedrooms And 2 Bathrooms And

21 Photos

205 West Oak Trail, Waterloo, ON , MLS #X13433184 , Image - 1

Unit-40, 205 West Oak Trail Kitchener, Waterloo, ON MLS® X13433184

Residential Condo & Other (Condo Townhouse)

$2100.0

2 Beds
1 Baths
800-899 sq-ft

Welcome to 40-205 West Oak Trail, Kitchener-a well-maintained and modern home located in a desirable community. This inviting unit offers a functional

13 Photos

110 Fergus Avenue, Waterloo, ON , MLS #X13174694 , Image - 1

Unit-422, 110 Fergus Avenue Kitchener, Waterloo, ON MLS® X13174694

Residential Condo & Other (Condo Apartment)

$1750.0

1 Beds
1 Baths
600-699 sq-ft

Welcome to this stylish and modern 1-bedroom condo perfectly suited for professionals seeking comfort and convenience in one of Kitchener's growing co

9 Photos

2 Hoddle Crescent, Waterloo, ON , MLS #X13477306 , Image - 1

2 Hoddle Crescent Kitchener, Waterloo, ON MLS® X13477306

Residential Freehold (Detached)

$1995.0

3 Beds
2 Baths
1100-1500 sq-ft

Available August 1st! Beautifully upgraded and carpet-free, this spacious 3-bedroom, 2 full bathroom lower-level suite offers comfortable family livin

16 Photos

407 Downsview Place Waterloo, ON MLS® X13474638

Residential Freehold (Att/Row/Townhouse)

$2650.0

3 Beds
2 Baths
1100-1500 sq-ft

This beautiful 3-bedroom FREEHOLD townhome for rent is located in a quiet, family-friendly neighbourhood, surrounded by parks, trails, schools, transi

8 Photos

280 Lester Street, Waterloo, ON , MLS #X13473130 , Image - 1

Unit-807, 280 Lester Street Waterloo, ON MLS® X13473130

Residential Condo & Other (Condo Apartment)

$1800.0

1 Beds
1 Baths
500-599 sq-ft

Welcome to Sage V at 280 Lester Street, an excellent opportunity for students seeking a convenient and comfortable place to call home. This top-floor

18 Photos

586 Victoria Street S, Waterloo, ON , MLS #X13472426 , Image - 1

Unit-4, 586 Victoria Street S Kitchener, Waterloo, ON MLS® X13472426

Residential Freehold (Multiplex)

$1800.0

1 Beds
1 Baths
< 700 sq-ft

Bright Modern and Spacious 1 Bedroom Unit with large windows and double closet on 586 Victoria Street S Kitchener. This unit has a luxury finished kit

6 Photos

586 Victoria Street S, Waterloo, ON , MLS #X13472434 , Image - 1

Unit-7, 586 Victoria Street S Kitchener, Waterloo, ON MLS® X13472434

Residential Freehold (Multiplex)

$1800.0

1 Beds
1 Baths
< 700 sq-ft

Bright Modern and Spacious 1 Bedroom Unit with large windows and double closet on 586 Victoria Street S Kitchener. This unit has a luxury finished kit

5 Photos

10 Thomas Gemmell Road, Waterloo, ON , MLS #X13428272 , Image - 1

10 Thomas Gemmell Road North Dumfries, Waterloo, ON MLS® X13428272

Residential Freehold (Detached)

$2950.0

4 Beds
3 Baths
2000-2500 sq-ft

Detached Home In The Family-Oriented Village of Ayr! This Home Features a Beautiful Brick and Stone Exterior. Just a Short Distance Away From Kitchene

4 Photos

365 Dale Crescent Waterloo, ON MLS® X13471810

Residential Freehold (Detached)

$700.0

2 Beds
2 Baths
1500-2000 sq-ft

Rent for one bedroom is 700 inclusive of utilities. 5 rooms available for rent, living, dining 2 washroom and kitchen are shared. Great location, clos

19 Photos

19 John Russell Lane, Waterloo, ON , MLS #X13222356 , Image - 1

19 John Russell Lane Kitchener, Waterloo, ON MLS® X13222356

Residential Freehold (Att/Row/Townhouse)

$2495.0

2 Beds
2 Baths
700-1100 sq-ft

Beautiful townhome in quiet neighborhood very clean available for lease for $2495.00 per month plus all utilities Located close to downtown Kitchener

36 Photos

159 Wellington Street, Waterloo, ON , MLS #X12884374 , Image - 1

159 Wellington Street Cambridge, Waterloo, ON MLS® X12884374

Residential Freehold (Semi-Detached )

$2699.0

Reduced by 6.9%

3 Beds
2 Baths
1100-1500 sq-ft

This charming and beautifully updated semi-detached home offers the perfect combination of comfort and convenience. Don't miss the opportunity to leas

20 Photos

586 Victoria Street S, Waterloo, ON , MLS #X13470214 , Image - 1

Unit-1, 586 Victoria Street S Kitchener, Waterloo, ON MLS® X13470214

Residential Freehold (Multiplex)

$1500.0

1 Beds
1 Baths
< 700 sq-ft

Bright Modern and Spacious 1 Bedroom Unit with large windows and double closet on 586 Victoria Street S Kitchener. This unit has a luxury finished kit

33 Photos

51 Sparrow Avenue, Waterloo, ON , MLS #X13462644 , Image - 1

Unit-56, 51 Sparrow Avenue Cambridge, Waterloo, ON MLS® X13462644

Residential Freehold (Att/Row/Townhouse)

$2500.0

3 Beds
3 Baths
1100-1500 sq-ft

Enjoy modern living in this bright and stylish 3-storey townhouse with 3 bedrooms and 3 bathrooms, including a 3-piece ensuite in the primary bedroom.

27 Photos

1 Victoria Street, Waterloo, ON , MLS #X13458496 , Image - 1

Unit-1712, 1 Victoria Street Kitchener, Waterloo, ON MLS® X13458496

Residential Condo & Other (Condo Apartment)

$2300.0

2 Beds
1 Baths
700-799 sq-ft

Welcome to Unit 1712 at One Victoria Condominiums - where urban living meets unbeatable convenience in the heart of Downtown Kitchener! This freshly p

9 Photos

190 Century Hill Drive, Waterloo, ON , MLS #X13096828 , Image - 1

Unit-A5, 190 Century Hill Drive Kitchener, Waterloo, ON MLS® X13096828

Residential Condo & Other (Condo Townhouse)

$1950.0

Reduced by 7.1%

2 Beds
1 Baths
700-799 sq-ft

Two Bedroom Condo Townhouse For Rent For A Couple. Take A Walk Or Hike To Steckle Woods Situated Just Right Across The Street. Perfect Location Near S

11 Photos

55 Duke Street W, Waterloo, ON , MLS #X13451822 , Image - 1

Unit-1801, 55 Duke Street W Kitchener, Waterloo, ON MLS® X13451822

Residential Condo & Other (Condo Apartment)

$2499.0

2 Beds
2 Baths
800-899 sq-ft

Magnificent Well kept 2 Spacious Bedrooms, Master Bed with Ensuite & Walk-in Closet, 2 Bath Open Balcony with Wonderful City View, Beautiful Kitchen w

8 Photos

275 Larch Street, Waterloo, ON , MLS #X13259418 , Image - 1

Unit-G316, 275 Larch Street Waterloo, ON MLS® X13259418

Residential Condo & Other (Condo Apartment)

$2100.0

2 Beds
1 Baths
600-699 sq-ft

Fully furnished 2-bed, 1-bath apartment steps from both UW and Laurier. Move-in ready - everything you need is already here.Unit includes 2 beds with

14 Photos

15 Wellington Street S, Waterloo, ON , MLS #X13155674 , Image - 1

Unit-1705, 15 Wellington Street S Kitchener, Waterloo, ON MLS® X13155674

Residential Condo & Other (Condo Apartment)

$1699.0

Reduced by 5.6%

1 +0 Beds
1 Baths
500-599 sq-ft

Stunning 1-bedroom, 1-bath condo in the highly sought-after Station Park Condos, ideally located in the heart of Kitchener Innovation District. This m

15 Photos

139 Byron Avenue, Waterloo, ON , MLS #X13440342 , Image - 1

Unit-Lower, 139 Byron Avenue Kitchener, Waterloo, ON MLS® X13440342

Residential Freehold (Detached)

$1900.0

3 Beds
1 Baths
700-1100 sq-ft

Bright and spacious, newly renovated 3-bedroom, 1-bath lower unit available for rent in Kitchener offering complete privacy and comfort! Thisspacious

11 Photos

60 Everglade Crescent, Waterloo, ON , MLS #X13436534 , Image - 1

60 Everglade Crescent Kitchener, Waterloo, ON MLS® X13436534

Residential Freehold (Detached)

$3000.0

3 Beds
3 Baths
1100-1500 sq-ft

Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom home available for lease in one of Kitchener's highly sought-after central neighborhood

27 Photos

17 Stonehill Avenue, Waterloo, ON , MLS #X13435488 , Image - 1

17 Stonehill Avenue Kitchener, Waterloo, ON MLS® X13435488

Residential Freehold (Att/Row/Townhouse)

$3295.0

4 +1 Beds
5 Baths
2500-3000 sq-ft

Welcome home to 17 Stonehill Ave. Discover modern comfort and spacious living in this beautifully maintained 4 bedroom, 4.5 bathroom townhouse in one

13 Photos

630 Linden Drive E, Waterloo, ON , MLS #X13433874 , Image - 1

630 Linden Drive E Cambridge, Waterloo, ON MLS® X13433874

Residential Freehold (Att/Row/Townhouse)

$2500.0

3 +1 Beds
3 Baths
1500-2000 sq-ft

Beautiful Bright And Spacious 4 Bedroom Townhouse For Lease. Family & Dining Combined With Open Concept Kitchen. Walkout To The Balcony. Separate Livi

17 Photos

8 Watermill Street, Waterloo, ON , MLS #X13431616 , Image - 1

8 Watermill Street Kitchener, Waterloo, ON MLS® X13431616

Residential Freehold (Att/Row/Townhouse)

$2950.0

3 Beds
3 Baths
1500-2000 sq-ft

Welcome to 8 Watermill Street, a beautifully maintained Mattamy-built home located in the sought-after Topper Woods community of Kitchener. This spaci

14 Photos

34 Burn Place, Waterloo, ON , MLS #X13421968 , Image - 1

Unit-2, 34 Burn Place Kitchener, Waterloo, ON MLS® X13421968

Residential Freehold (Detached)

$1895.0

2 Beds
1 Baths
700-1100 sq-ft

Perfect for young professionals/students. This bright and spacious unit features a modern kitchen, stainless steel appliances, stylish LVP flooring, n

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