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Houses for Rent in Waterloo Under $500K

Showing results 1 - 30 of 595

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: November 09, 2026

12 Photos

321 Spruce Street, Waterloo, ON , MLS #X14136786 , Image - 1

Unit-309, 321 Spruce Street Waterloo, ON MLS® X14136786

Residential Condo & Other (Common Element Condo)

$1995.0

Reduced by 2.7%

2 +1 Beds
1 Baths
600-699 sq-ft

Spacious 2-Bedroom, 1-Bathroom Apartment in Prime Location - $2,050/month. This bright and spacious 2-bedroom, 1-bathroom apartment offers

21 Photos

55 Duke Street W, Waterloo, ON , MLS #X14161008 , Image - 1

Unit-2303, 55 Duke Street W Kitchener, Waterloo, ON MLS® X14161008

Residential Condo & Other (Condo Apartment)

$2499.0

2 Beds
2 Baths
1000-1199 sq-ft

Discover modern urban living in the heart of Downtown Kitchener! This stunning, never-lived-in two-bedroom corner unit, offering more than 1000 sq. f

35 Photos

152 Steeplechase Way Waterloo, ON MLS® X14144648

Residential Freehold (Detached)

$3500.0

4 Beds
3 Baths
2000-2500 sq-ft

4 Bedrooms, 2.5 Baths Spacious Detached. 2 Car Garage, Bright And Open Concept Layout Features A Living Room, Large Kitchen, Breakfast Area, Family Ro

21 Photos

6587 ELLIS Road, Waterloo, ON , MLS #X14125722 , Image - 1

6587 ELLIS Road Cambridge, Waterloo, ON MLS® X14125722

Residential Freehold (Detached)

$2599.0

3 Beds
1 Baths
700-1100 sq-ft

Rare Leasing Opportunity - Rural Living Just Minutes from the City! Enjoy the best of both worlds with this beautifully updated, renovated bungalow of

12 Photos

266 Overlea Drive, Waterloo, ON , MLS #X13659458 , Image - 1

Unit-402, 266 Overlea Drive Kitchener, Waterloo, ON MLS® X13659458

Residential Condo & Other (Condo Apartment)

$1750.0

Reduced by 10.3%

2 Beds
1 Baths
700-799 sq-ft

Location, location, location! Just 10 minutes from the universities and only minutes from HWY-8, St. Mary's General Hospital, shopping, schools, parks

22 Photos

525 New Dundee Road, Waterloo, ON , MLS #X14161264 , Image - 1

Unit-217, 525 New Dundee Road Kitchener, Waterloo, ON MLS® X14161264

Residential Condo & Other (Condo Apartment)

$2050.0

1 Beds
1 Baths
800-899 sq-ft

EXQUISITE 1 BED 1 BATH BRANDNEW NEVER LIVED IN CONDOMINUM WITH PARKING AND ENSUIT LAUNDRY, IN A HIGHLY DESIRABLE COMMUNIY OF RAINBOW FLATS. DON'T MISS

28 Photos

15 Wellington Street S, Waterloo, ON , MLS #X13788832 , Image - 1

Unit-808, 15 Wellington Street S Kitchener, Waterloo, ON MLS® X13788832

Residential Condo & Other (Condo Apartment)

$1750.0

Reduced by 5.4%

1 +1 Beds
1 Baths
600-699 sq-ft

Functional 1 Bedroom + Large Den versatile Layout at Station Park. Enjoy abundant natural light and beautiful sunset views from this thoughtfully desi

10 Photos

931 Glasgow Street, Waterloo, ON , MLS #X14161138 , Image - 1

Unit-15C, 931 Glasgow Street Kitchener, Waterloo, ON MLS® X14161138

Residential Condo & Other (Condo Townhouse)

$2450.0

3 Beds
2 Baths
1400-1599 sq-ft

Enjoy this family-friendly, maintenance-free 3 Bed 1.5 bath 1500 sq ft townhouse with no rear neighbors. Includes 2 PARKING SPOTS. Main floor features

21 Photos

228 Westcourt Place Waterloo, ON MLS® X14161078

Residential Condo & Other (Condo Townhouse)

$2700.0

5 Beds
3 Baths
1200-1399 sq-ft

Welcome to 228 Westcourt Place - Prime Waterloo Location! This bright and spacious 5-bedroom, 3-bathroom townhouse offers an excellent layout for stud

10 Photos

13 Lowell Street S, Waterloo, ON , MLS #X14161016 , Image - 1

Unit-(Basement), 13 Lowell Street S Waterloo, ON MLS® X14161016

Residential Freehold (Detached)

$1700.0

0 +2 Beds
1 Baths
< 700 sq-ft

$1700.00 All Inclusive - Available Immediately! Sought after East Galt location for this basement bungalow apartment. Two bedrooms, one bathroom. Insu

13 Photos

30 Francis Street S, Waterloo, ON , MLS #X14137416 , Image - 1

Unit-3304, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14137416

Residential Condo & Other (Condo Apartment)

$1750.0

1 Beds
1 Baths
0-499 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

13 Photos

30 Francis Street S, Waterloo, ON , MLS #X14146590 , Image - 1

Unit-902, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14146590

Residential Condo & Other (Condo Apartment)

$1650.0

1 Beds
1 Baths
0-499 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

10 Photos

30 Francis Street S, Waterloo, ON , MLS #X14151832 , Image - 1

Unit-4302, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14151832

Residential Condo & Other (Condo Apartment)

$3200.0

3 Beds
2 Baths
800-899 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

22 Photos

44 Heiman Street, Waterloo, ON , MLS #X13842150 , Image - 1

Unit-Unit # 3, 44 Heiman Street Kitchener, Waterloo, ON MLS® X13842150

Residential Freehold (Detached)

$1650.0

2 Beds
1 Baths
2000-2500 sq-ft

Welcome to 44 Heiman Street, Kitchener - Basement Unit #3, This legal basement, separate entrance, unit offers, 850 sft, a functional open-concept la

10 Photos

30 Francis Street S, Waterloo, ON , MLS #X14151634 , Image - 1

Unit-3301, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14151634

Residential Condo & Other (Condo Apartment)

$2300.0

2 Beds
2 Baths
700-799 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

10 Photos

30 Francis Street S, Waterloo, ON , MLS #X14151476 , Image - 1

Unit-3808, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14151476

Residential Condo & Other (Condo Apartment)

$2275.0

2 Beds
2 Baths
600-699 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

13 Photos

30 Francis Street S, Waterloo, ON , MLS #X14151242 , Image - 1

Unit-4309, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14151242

Residential Condo & Other (Condo Apartment)

$1800.0

1 Beds
1 Baths
600-699 sq-ft

Be the first one to live in the highest building in Kitchener Waterloo with luxury finishes, amazing amenities and unbeatable location! This brand new

8 Photos

224 Portsmouth Gate, Waterloo, ON , MLS #X14160888 , Image - 1

Unit-LOWER, 224 Portsmouth Gate Waterloo, ON MLS® X14160888

Residential Freehold (Duplex)

$1000.0

1 Baths
1500-2000 sq-ft

Brand-new studio Legal and Separate entry basement apartment directly across from The Boardwalk in Waterloo. Features a private separate entrance, pr

1 Photos

Unit-3407, 30 Francis Street S Kitchener, Waterloo, ON MLS® X14160780

Residential Condo & Other (Condo Apartment)

$1750.0

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

Experience Elevated Urban Living At TEK Tower, One Of Downtown Kitchener's Newest Landmark Residences! Perched On The 34th Floor, This Beautifully App

23 Photos

1201 Lackner Place, Waterloo, ON , MLS #X14156408 , Image - 1

Unit-312, 1201 Lackner Place Kitchener, Waterloo, ON MLS® X14156408

Residential Condo & Other (Condo Apartment)

$1835.0

1 Beds
1 Baths
600-699 sq-ft

Beautiful Newer Condo at Lackner Ridge Excellent Floor Plan, the *Denlow Model, Spacious & Bright. Unobstructed South Views, Over Looking Greenspace.

23 Photos

4286 King Street, Waterloo, ON , MLS #X14099076 , Image - 1

Unit-1107, 4286 King Street Kitchener, Waterloo, ON MLS® X14099076

Residential Condo & Other (Other)

$2520.0

1 Beds
1 Baths
800-899 sq-ft

Experience luxury living in this spacious 1-bedroom + den apartment located at Deer Ridge Point - Tricar's newest high-end rental building in Kitchene

Open House : Tue Nov 10, 01:00 PM to 07:00 PM

34 Photos

318 Spruce Street, Waterloo, ON , MLS #X14081164 , Image - 1

Unit-701, 318 Spruce Street Waterloo, ON MLS® X14081164

Residential Condo & Other (Condo Apartment)

$1800.0

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

Fully Furnished 1 Bdrm+ Den, 2 Bath Unit. Superb Location! Perfect For Students & Professionals @ Luxury Sage Condos! Den Can Be Used As 2nd Bdrm. Hig

6 Photos

31 Erbsville Court, Waterloo, ON , MLS #X14160512 , Image - 1

Unit-ROOM A, 31 Erbsville Court Waterloo, ON MLS® X14160512

Residential Freehold (Detached)

$900.0

1 Beds
1 Baths
1500-2000 sq-ft

A spacious, bright, and quiet room located on the second floor of a detached home, in a convenient and well-connected neighborhood. Short-term (minimu

7 Photos

31 Erbsville Court, Waterloo, ON , MLS #X14160510 , Image - 1

Unit-ROOM B, 31 Erbsville Court Waterloo, ON MLS® X14160510

Residential Freehold (Detached)

$900.0

1 Beds
1 Baths
1500-2000 sq-ft

A spacious, bright, and quiet room located on the second floor of a detached home, in a convenient and well-connected neighborhood. Short-term (minimu

6 Photos

31 Erbsville Court, Waterloo, ON , MLS #X14160506 , Image - 1

Unit-ROOM C, 31 Erbsville Court Waterloo, ON MLS® X14160506

Residential Freehold (Detached)

$800.0

1 Beds
1 Baths
1500-2000 sq-ft

A bright and comfortable room available in a detached home, located in a convenient and well-connected neighborhood. Short-term (minimum 4 months) or

32 Photos

165 St Andrews Street W, Waterloo, ON , MLS #X14154780 , Image - 1

165 St Andrews Street W Cambridge, Waterloo, ON MLS® X14154780

Residential Freehold (Detached)

$3500.0

5 +2 Beds
4 Baths
2500-3000 sq-ft

Welcome to 165 St Andrews Street, a charming and inviting property that beautifully combines comfort, style, and convenience. Set in a desirable Cambr

8 Photos

318 Spruce Street, Waterloo, ON , MLS #X13590908 , Image - 1

Unit-1405, 318 Spruce Street Waterloo, ON MLS® X13590908

Residential Condo & Other (Common Element Condo)

$2350.0

Reduced by 17.5%

2 Beds
2 Baths
900-999 sq-ft

Bright, High Roof Suite In Sage2! 2 Large Bedroom, 2 Full Bathrooms , Balcony And Private Laundry ,11 Ft. Soaring Ceilings. Just Steps To Wilfred Laur

2 Photos

30 Francis Street, Waterloo, ON , MLS #X13859930 , Image - 1

Unit-1306, 30 Francis Street Kitchener, Waterloo, ON MLS® X13859930

Residential Condo & Other (Condo Apartment)

$1775.0

Reduced by 15.5%

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

Brand new at TEK Tower! This bright 1+1 with 2 washrooms suite offers soaring ceilings, oversized windows, Swiss laminate flooring, quartz countertops

28 Photos

1331 Countrystone Drive, Waterloo, ON , MLS #X14159940 , Image - 1

Unit-A15, 1331 Countrystone Drive Waterloo, ON MLS® X14159940

Residential Condo & Other (Condo Townhouse)

$2350.0

2 Beds
2 Baths
1200-1399 sq-ft

Modern Living in a Prime Waterloo Location! Welcome to 1331 Countrystone Drive, Unit A15, ideally situated just off Ira Needles Boulevard, offering un

12 Photos

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

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

Residential Freehold (Detached)

$1800.0

Reduced by 5.3%

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

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