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Houses for Rent in Waterloo Under $500K

Showing results 1 - 30 of 33

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: May 11, 2026

19 Photos

158 King Street N, Waterloo, ON , MLS #X13100012 , Image - 1

Unit-1705, 158 King Street N Waterloo, ON MLS® X13100012

Residential Condo & Other (Condo Apartment)

$2400.0

2 Beds
2 Baths
800-899 sq-ft

**September 1st occupancy** High Demand Location Condo With 2 Bedrooms & 2 Baths. Bright & Spacious Corner Unit With Large Windows. 865 S.F. Facing We

21 Photos

574 Mortimer Drive, Waterloo, ON , MLS #X13096830 , Image - 1

574 Mortimer Drive Cambridge, Waterloo, ON MLS® X13096830

Residential Freehold (Semi-Detached )

$2700.0

3 Beds
2 Baths
1100-1500 sq-ft

Fully renovated 2-storey semi-detached home available in a quiet family friendly neighbourhood inCambridge just minutes from schools, shopping and acc

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)

$2100.0

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

12 Photos

59 Baintree Way, Waterloo, ON , MLS #X12921900 , Image - 1

59 Baintree Way Cambridge, Waterloo, ON MLS® X12921900

Residential Freehold (Detached)

$2799.0

Reduced by 6.4%

4 Beds
3 Baths
1500-2000 sq-ft

Beautiful Carpet Free 4 Bedroom House Located On Great Location, Close To 401Hwy & All Amenities! Main Floor 9Ft Celling, Laundry, Living, Family, 2Pc

25 Photos

1388 Concession Road, Waterloo, ON , MLS #X12999902 , Image - 1

1388 Concession Road Cambridge, Waterloo, ON MLS® X12999902

Residential Freehold (Detached)

$2550.0

Reduced by 1.9%

3 Beds
1 Baths
700-1100 sq-ft

Welcome to 1388 Concession Road, a bright and spacious main floor unit offering 3 well proportioned bedrooms, a large eat in kitchen with updated floo

11 Photos

508 Greenfield Avenue, Waterloo, ON , MLS #X13014286 , Image - 1

508 Greenfield Avenue Kitchener, Waterloo, ON MLS® X13014286

Residential Freehold (Detached)

$2600.0

4 +2 Beds
2 Baths
1100-1500 sq-ft

This detached bungalow in the Fairview neighborhood of Kitchener offers a well-maintained main floor for rent. It features 4 generously sized bedrooms

25 Photos

90 PENELOPE Drive, Waterloo, ON , MLS #X13043470 , Image - 1

90 PENELOPE Drive Kitchener, Waterloo, ON MLS® X13043470

Residential Freehold (Detached)

$1900.0

2 Beds
1 Baths
1500-2000 sq-ft

** BASEMENT ON LEASE** walkout legal basement. Lots of sunlight and access to large deck and backyard. 2 bedrooms, 1 washroom, large living area, kitc

25 Photos

156 Mooregate Crescent, Waterloo, ON , MLS #X13060032 , Image - 1

156 Mooregate Crescent Kitchener, Waterloo, ON MLS® X13060032

Residential Freehold (Semi-Detached )

$3300.0

2 +3 Beds
2 Baths
1100-1500 sq-ft

Welcome to this beautifully upgraded full backsplit semi-detached home with a basement apartment at 156 Mooregate Crescent in Kitchener. This bright a

10 Photos

1000 Lackner Place, Waterloo, ON , MLS #X12774704 , Image - 1

Unit-615, 1000 Lackner Place Kitchener, Waterloo, ON MLS® X12774704

Residential Condo & Other (Co-op Apartment)

$1750.0

Reduced by 2.8%

1 Beds
1 Baths
600-699 sq-ft

AVAILABLE: MAY 1: Secure it before it is GONE. Welcome to Lackner Ridge Condos, where contemporary design meets everyday convenience. This bright and

38 Photos

181 King Street S, Waterloo, ON , MLS #X13085820 , Image - 1

Unit-1009, 181 King Street S Waterloo, ON MLS® X13085820

Residential Condo & Other (Condo Apartment)

$1925.0

1 Beds
1 Baths
600-699 sq-ft

Welcome to the gorgeous Circa 1877 Condos! This sophisticated 1 bedroom, 1 bathroom smart home comes with internet included. The open concept layout f

19 Photos

15 Wellington Street, Waterloo, ON , MLS #X12956458 , Image - 1

Unit-1812, 15 Wellington Street Kitchener, Waterloo, ON MLS® X12956458

Residential Condo & Other (Common Element Condo)

$2100.0

1 Beds
1 Baths
600-699 sq-ft

Beautiful & Spacious 1 Bed Corner Suite Has Floor to Ceiling Windows With An Unobstructed View Overlooking King & Wellington. Plenty of Natural Light

15 Photos

139 Byron Avenue, Waterloo, ON , MLS #X13081474 , Image - 1

Unit-Lower, 139 Byron Avenue Kitchener, Waterloo, ON MLS® X13081474

Residential Freehold (Detached)

$2000.0

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! This spacious

22 Photos

250 Albert Street, Waterloo, ON , MLS #X13073504 , Image - 1

Unit-620, 250 Albert Street Waterloo, ON MLS® X13073504

Residential Condo & Other (Condo Apartment)

$1650.0

1 Beds
1 Baths
0-499 sq-ft

This standout Sage investment opportunity is perfectly positioned in the vibrantcore of Waterloo's university district, offering an ideal entry point

50 Photos

50 Grand Avenue S, Waterloo, ON , MLS #X13072790 , Image - 1

Unit-1701, 50 Grand Avenue S Cambridge, Waterloo, ON MLS® X13072790

Residential Condo & Other (Common Element Condo)

$2850.0

2 Beds
2 Baths
1000-1199 sq-ft

Step into upscale living at Suite 1701 50 Grand Ave, located in the vibrant Gaslight District. This stunning 2-bedroom, 2-bath condo offers sophistica

27 Photos

275 Larch Street, Waterloo, ON , MLS #X13070608 , Image - 1

Unit-H101, 275 Larch Street Waterloo, ON MLS® X13070608

Residential Condo & Other (Condo Apartment)

$2400.0

2 Beds
2 Baths
700-799 sq-ft

This stylish 2-bedroom, 2-bathroom condo offers modern living in the heart of Waterloo, just minutes from the university. With an open-concept layout,

35 Photos

555 Mariner Drive Waterloo, ON MLS® X13068850

Residential Freehold (Att/Row/Townhouse)

$3250.0

3 Beds
3 Baths
1100-1500 sq-ft

Experience comfort and convenience in this vibrant 3-bedroom townhome at 555 Mariner Drive, available for move-in July 1st. Located in the sought-afte

8 Photos

128 King Street N, Waterloo, ON , MLS #X13065000 , Image - 1

Unit-508, 128 King Street N Waterloo, ON MLS® X13065000

Residential Condo & Other (Condo Apartment)

$1900.0

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

Welcome To One28 Condos On King Street. This modern Uptown Waterloo Condo Comes With 9 Feet Ceiling and a bright, open concept layout. The spacious 1

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

22 Photos

107 Roger Street, Waterloo, ON , MLS #X13056400 , Image - 1

Unit-502, 107 Roger Street Waterloo, ON MLS® X13056400

Residential Condo & Other (Condo Apartment)

$2400.0

2 Beds
2 Baths
900-999 sq-ft

Experience modern luxury with this 969 sq. ft. corner-unit condo available for lease in Uptown Waterloo. This spacious home features 2 bedrooms, 2 bat

36 Photos

15 Wellington Street S, Waterloo, ON , MLS #X13024226 , Image - 1

Unit-2414, 15 Wellington Street S Kitchener, Waterloo, ON MLS® X13024226

Residential Condo & Other (Condo Apartment)

$1750.0

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

23 Photos

15 Mowat Boulevard, Waterloo, ON , MLS #X13031180 , Image - 1

Unit-14, 15 Mowat Boulevard Kitchener, Waterloo, ON MLS® X13031180

Residential Freehold (Other)

$1650.0

2 Beds
1 Baths
< 700 sq-ft

2ND PARKING SPOT AVAILABLE!!! Welcome to 15 Mowat Blvd- a Renovated 1 Bedroom Apartment in Country Hills. This unit is bright & spacious and features

10 Photos

55 Duke Street W, Waterloo, ON , MLS #X13029742 , Image - 1

Unit-1501, 55 Duke Street W Kitchener, Waterloo, ON MLS® X13029742

Residential Condo & Other (Condo Apartment)

$2450.0

2 Beds
2 Baths
800-899 sq-ft

Welcome to 55 Duke Street West, Unit 1501, Kitchener! This Bright & Spacious 863 Sq Ft with balcony 2-bedroom,bathroom condo unit is on the 15th floor

13 Photos

60 Frederick Street, Waterloo, ON , MLS #X13020334 , Image - 1

Unit-1108, 60 Frederick Street Kitchener, Waterloo, ON MLS® X13020334

Residential Condo & Other (Condo Apartment)

$1450.0

1 Beds
1 Baths
500-599 sq-ft

Welcome to Most Desired Modern Living at Kitchener Downtown. Just Like New Condo Apartment At 60 Frederick Street, situated in the tallest tower in th

11 Photos

85 Duke Street W, Waterloo, ON , MLS #X13017940 , Image - 1

Unit-1609, 85 Duke Street W Kitchener, Waterloo, ON MLS® X13017940

Residential Condo & Other (Condo Apartment)

$2580.0

2 Beds
2 Baths
1000-1199 sq-ft

Move In And Enjoy This Spacious And Functional Unit. 9ft ceiling, Minutes Walk To Pharmacy And Medical School, Shops, City Hall And Etc. Located In Th

9 Photos

77 Lancaster Street W, Waterloo, ON , MLS #X12799102 , Image - 1

77 Lancaster Street W Kitchener, Waterloo, ON MLS® X12799102

Residential Freehold (Fourplex)

$1700.0

Reduced by 4.2%

1 Beds
1 Baths
3000-3500 sq-ft

Welcome to 77 Lancaster Street West in Kitchener. This fully renovated 1 bedroom, 1 bathroom apartment offers clean, modern living in a convenient cen

12 Photos

52 Walter Street, Waterloo, ON , MLS #X12992068 , Image - 1

52 Walter Street Kitchener, Waterloo, ON MLS® X12992068

Residential Freehold (Semi-Detached )

$1900.0

2 Beds
1 Baths
700-1100 sq-ft

Welcome to 52 Walter Street, a charming semi-detached home available for lease in the heart of downtown Kitchener. This well-maintained two bedroom, o

12 Photos

301 Freure Drive, Waterloo, ON , MLS #X12989870 , Image - 1

301 Freure Drive Cambridge, Waterloo, ON MLS® X12989870

Residential Freehold (Detached)

$3200.0

4 Beds
3 Baths
2000-2500 sq-ft

Spacious and well-maintained 4-bedroom, 3-bathroom detached home in a desirable Cambridge neighborhood featuring a bright open-concept layout, modern

30 Photos

55 Duke Street W, Waterloo, ON , MLS #X12974090 , Image - 1

Unit-1709, 55 Duke Street W Kitchener, Waterloo, ON MLS® X12974090

Residential Condo & Other (Condo Apartment)

$2600.0

2 Beds
2 Baths
900-999 sq-ft

Need a Furnished Unit...Welcome to 55 Duke Street West, Unit 1709, Kitchener! This Bright & Spacious 996 Sq Ft Corner End Unit with Wrap Around 167 Sq

47 Photos

318 Spruce Street, Waterloo, ON , MLS #X12968828 , Image - 1

Unit-406, 318 Spruce Street Waterloo, ON MLS® X12968828

Residential Condo & Other (Condo Apartment)

$1700.0

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

15 Photos

40 Palace Street, Waterloo, ON , MLS #X12957558 , Image - 1

Unit-M17, 40 Palace Street Kitchener, Waterloo, ON MLS® X12957558

Residential Condo & Other (Condo Townhouse)

$1650.0

1 Beds
1 Baths
500-599 sq-ft

Spacious 1-Bedroom Apartment with Modern Amenities This bright and spacious 1-bedroom, 1-bathroom apartment offers an open-concept living area, perfec

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