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Houses for Rent in Waterloo Under $500K

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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: August 10, 2026

28 Photos

25 Isherwood Avenue, Waterloo, ON , MLS #X13457224 , Image - 1

Unit-23, 25 Isherwood Avenue Cambridge, Waterloo, ON MLS® X13457224

Residential Condo & Other (Condo Townhouse)

$2300.0

Reduced by 4.2%

2 Beds
3 Baths
1000-1199 sq-ft

Welcome to 23-25 Isherwood Ave, a stylish and well-maintained townhome nestled in one of the area's most desirable communities. Offering a perfect ble

39 Photos

34 ATTWATER Drive E, Waterloo, ON , MLS #X13656330 , Image - 1

34 ATTWATER Drive E Cambridge, Waterloo, ON MLS® X13656330

Residential Freehold (Detached)

$3100.0

3 Beds
3 Baths
2000-2500 sq-ft

Welcome to modern living at its finest! This stunning 3-year-old corner detached home is filled with natural light and thoughtfully designed for today

14 Photos

568 Greenbrook Drive, Waterloo, ON , MLS #X13556354 , Image - 1

Unit-BSMT, 568 Greenbrook Drive Kitchener, Waterloo, ON MLS® X13556354

Residential Freehold (Detached)

$1900.0

Reduced by 5.0%

4 Beds
1 Baths
1500-2000 sq-ft

Huge finished basement apartment offering 4 bedrooms and a 3-piece bathroom-or use one as a large recreation room for extra living space. Features a p

40 Photos

455 Guelph Avenue, Waterloo, ON , MLS #X13656422 , Image - 1

Unit-20, 455 Guelph Avenue Cambridge, Waterloo, ON MLS® X13656422

Residential Freehold (Att/Row/Townhouse)

$2800.0

3 Beds
3 Baths
1100-1500 sq-ft

Welcome to this beautifully upgraded home located in the highly sought after Silver Heights community of Hespeler. Offering 3 bedrooms and 2.5 bathroo

16 Photos

107 Greendale Crescent, Waterloo, ON , MLS #X13656372 , Image - 1

107 Greendale Crescent Kitchener, Waterloo, ON MLS® X13656372

Residential Freehold (Detached)

$2500.0

2 Beds
1 Baths
700-1100 sq-ft

Beautifully renovated main floor in a quiet, family-friendly Greendale pocket of Kitchener. Bright open-concept layout with rich hardwood throughout,

12 Photos

5 Wellington Street S, Waterloo, ON , MLS #X13067812 , Image - 1

Unit-202, 5 Wellington Street S Kitchener, Waterloo, ON MLS® X13067812

Residential Condo & Other (Condo Apartment)

$1900.0

1 Beds
1 Baths
500-599 sq-ft

Here is your opportunity to live in the heart of the Innovation District - the newer Station Park Condos. Walking distance to Victoria Park, shops, re

29 Photos

15 Wellington Street S, Waterloo, ON , MLS #X13420830 , Image - 1

Unit-211, 15 Wellington Street S Kitchener, Waterloo, ON MLS® X13420830

Residential Condo & Other (Condo Apartment)

$1899.0

Reduced by 0.1%

1 Beds
1 Baths
600-699 sq-ft

Fully furnished, ready to Move with free wifi and transit at door. Welcome students. Near to Waterloo University For Lease Terrace Unit, Discover an e

2 Photos

55 Duke Street W, Waterloo, ON , MLS #X13656178 , Image - 1

Unit-1305, 55 Duke Street W Kitchener, Waterloo, ON MLS® X13656178

Residential Condo & Other (Condo Apartment)

$1725.0

1 Beds
1 Baths
600-699 sq-ft

Enjoy A Thoughtfully Designed One-Bedroom Suite In The Heart Of Downtown Kitchener, Featuring A Bright And Open-Concept Layout. A Defined Foyer Create

11 Photos

134 Kitchener Road, Waterloo, ON , MLS #X13656152 , Image - 1

134 Kitchener Road Cambridge, Waterloo, ON MLS® X13656152

Residential Freehold (Detached)

$3075.0

3 Beds
2 Baths
1500-2000 sq-ft

COUNTRY CHARM IN THE CITY! Nestled on an impressive lot, this captivating century home offers a rare blend of character, privacy, and timeless appeal.

29 Photos

223 ERB Street W, Waterloo, ON , MLS #X13656086 , Image - 1

Unit-405, 223 ERB Street W Waterloo, ON MLS® X13656086

Residential Condo & Other (Condo Apartment)

$2800.0

2 Beds
2 Baths
1000-1199 sq-ft

Welcome to the highly sought-after Westmount Grand, where luxury, comfort and convenience come together in one exceptional address. This impeccably ma

14 Photos

55 Duke Street W, Waterloo, ON , MLS #X13573052 , Image - 1

Unit-1705, 55 Duke Street W Kitchener, Waterloo, ON MLS® X13573052

Residential Condo & Other (Condo Apartment)

$1799.0

Reduced by 1.4%

1 Beds
1 Baths
600-699 sq-ft

**PICS FOR REF ONLY. THE UNIT IS CURRENTLY TENANTED** Experience modern urban living in the heart of Downtown Kitchener with this east-facing 1-bedroo

17 Photos

25 Palace Street, Waterloo, ON , MLS #X13654432 , Image - 1

Unit-Q22, 25 Palace Street Kitchener, Waterloo, ON MLS® X13654432

Residential Condo & Other (Condo Townhouse)

$2100.0

2 Beds
3 Baths
1000-1199 sq-ft

Brand New! Be the first to enjoy this bright and spacious 2-bedroom, 2.5-bathroom condo townhouse offering 1,052 sq. ft. of modern living space in Kit

32 Photos

14 SANDSPRINGS Crescent, Waterloo, ON , MLS #X13655810 , Image - 1

14 SANDSPRINGS Crescent Kitchener, Waterloo, ON MLS® X13655810

Residential Freehold (Detached)

$2800.0

3 +0 Beds
2 Baths
1100-1500 sq-ft

Welcome to 14 Sandsprings Cres! This beautifully maintained, solid brick detached backsplit offers a bright, versatile layout in a highly desirable ne

14 Photos

84 Hardcastle Drive, Waterloo, ON , MLS #X13654500 , Image - 1

84 Hardcastle Drive Cambridge, Waterloo, ON MLS® X13654500

Residential Freehold (Detached)

$2750.0

4 +0 Beds
3 Baths
2000-2500 sq-ft

*** Additional Listing Details - Click Brochure Link *** Spacious 4-bedroom, 2.5-bathroom detached upper portion of a home on a large 46x105 ft lot in

4 Photos

20 David Bergey Drive, Waterloo, ON , MLS #X13655674 , Image - 1

Unit-A8, 20 David Bergey Drive Kitchener, Waterloo, ON MLS® X13655674

Residential Condo & Other (Condo Townhouse)

$2750.0

3 Beds
2 Baths
1200-1399 sq-ft

Beautiful end unit townhouse in a prime location! This carpet-free home offers 3 bedrooms, 2 bathrooms, and a bright open concept main floor. Enjoy th

31 Photos

10 Guernsey Drive, Waterloo, ON , MLS #X13621990 , Image - 1

10 Guernsey Drive Kitchener, Waterloo, ON MLS® X13621990

Residential Freehold (Detached)

$4750.0

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

Brand-New Heathwood Executive Home with Finished In-Law Suite - 10 Guernsey Dr, Williamsburg, Kitchener. Live large in one of southwest Kitchener's mo

49 Photos

291 Hardcastle Drive, Waterloo, ON , MLS #X13654344 , Image - 1

291 Hardcastle Drive Cambridge, Waterloo, ON MLS® X13654344

Residential Freehold (Detached)

$3100.0

5 Beds
3 Baths
2000-2500 sq-ft

Bright, spacious and beautifully upgraded home offering over 3,400 sq ft of living space in one of Cambridge's desirable and friendly neighbourhoods|

25 Photos

258B Sunview Street, Waterloo, ON , MLS #X13584410 , Image - 1

Unit-2117, 258B Sunview Street Waterloo, ON MLS® X13584410

Residential Condo & Other (Condo Apartment)

$3250.0

Reduced by 3.0%

3 Beds
2 Baths
800-899 sq-ft

Welcome to the Heart of Waterloo! This stunning 11th-floor unit offers 3 bedrooms, 2 full bathrooms, and approximately 884 sq. ft. of bright, open-con

23 Photos

20 Lidstone Street, Waterloo, ON , MLS #X13655128 , Image - 1

20 Lidstone Street Cambridge, Waterloo, ON MLS® X13655128

Residential Freehold (Att/Row/Townhouse)

$2900.0

3 Beds
3 Baths
2000-2500 sq-ft

This beautifully maintained 2-storey townhouse offers 2,030 sq. ft. of thoughtfully designed living space. The spacious open-concept main floor featur

27 Photos

128 King Street N, Waterloo, ON , MLS #X13227160 , Image - 1

Unit-710, 128 King Street N Waterloo, ON MLS® X13227160

Residential Condo & Other (Condo Apartment)

$2100.0

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

Welcome To One28 Condos On King Street. This Newest Uptown Waterloo Condo Comes With 9 Feet Ceiling. Amazing 1 Bed+Den Unit Used As 2 Bedroom On 7th F

15 Photos

1333 Weber Street E, Waterloo, ON , MLS #X13654904 , Image - 1

Unit-312, 1333 Weber Street E Kitchener, Waterloo, ON MLS® X13654904

Residential Condo & Other (Condo Apartment)

$1800.0

1 Beds
1 Baths
700-799 sq-ft

Awesome Location & Stunning Brand-New Building! Welcome to 1333 Weber Street, Unit 312 -

6 Photos

25 Isherwood Avenue, Waterloo, ON , MLS #X13629894 , Image - 1

Unit-117, 25 Isherwood Avenue Cambridge, Waterloo, ON MLS® X13629894

Residential Condo & Other (Condo Townhouse)

$2200.0

Reduced by 8.3%

3 Beds
2 Baths
1000-1199 sq-ft

15 Photos

143 Elgin Street N, Waterloo, ON , MLS #X13651804 , Image - 1

Unit-38, 143 Elgin Street N Cambridge, Waterloo, ON MLS® X13651804

Residential Freehold (Att/Row/Townhouse)

$2900.0

3 Beds
3 Baths
1500-2000 sq-ft

Welcome to this stunning corner-unit executive townhouse, where style, comfort, and convenience come together. This newer, carpet-free home features b

47 Photos

60 charles Street W, Waterloo, ON , MLS #X13654298 , Image - 1

Unit-1602, 60 charles Street W Kitchener, Waterloo, ON MLS® X13654298

Residential Condo & Other (Condo Apartment)

$2750.0

2 Beds
2 Baths
900-999 sq-ft

Welcome to Unit 1602 at Charlie West, a rare corner 2-bedroom, 2-bath suite offering nearly 1,000 sq.ft. of bright, open living space with wall-to-wal

19 Photos

60 Frederick Street, Waterloo, ON , MLS #X13653990 , Image - 1

Unit-2714, 60 Frederick Street Kitchener, Waterloo, ON MLS® X13653990

Residential Condo & Other (Condo Apartment)

$2000.0

2 Beds
2 Baths
600-699 sq-ft

This 2-bedroom, 2-bathroom corner unit on the 27th floor offer a functional space with breathtaking southeast views. The unit features modern finishes

10 Photos

253 Albert Street, Waterloo, ON , MLS #X13649298 , Image - 1

Unit-312, 253 Albert Street Waterloo, ON MLS® X13649298

Residential Condo & Other (Condo Apartment)

$2399.0

2 Beds
2 Baths
900-999 sq-ft

Welcome to this beautiful, condo at 253 Albert St., Unit 312, ideally located in the heart of Waterloo. Perfect for mature students, young professiona

30 Photos

316E Bluevale Street N Waterloo, ON MLS® X13653710

Residential Condo & Other (Condo Townhouse)

$2900.0

2 +1 Beds
2 Baths
900-999 sq-ft

Welcome to this beautifully renovated 2+1 bedroom townhome with 2 full bathrooms, located in the highly desirable Lakeshore North neighborhood of Wate

15 Photos

128 King Street, Waterloo, ON , MLS #X13653272 , Image - 1

Unit-1505, 128 King Street Waterloo, ON MLS® X13653272

Residential Condo & Other (Condo Apartment)

$1800.0

1 Beds
1 Baths
500-599 sq-ft

ALL-INCLUSIVE LIVING: Welcome to 128 King Street North, Unit 1505, a bright, spacious, and well-maintained one-bedroom, one-bathroom suite ideally loc

22 Photos

166 Ladyslipper Drive, Waterloo, ON , MLS #X13653246 , Image - 1

Unit-Basement, 166 Ladyslipper Drive Waterloo, ON MLS® X13653246

Residential Freehold (Detached)

$1850.0

0 +2 Beds
1 Baths
< 700 sq-ft

Welcome to 166 Ladyslipper Drive, a beautifully finished, like-new two-bedroom basement apartment located in the highly desirable Vista Hills neighbou

20 Photos

43 Oldfield Drive, Waterloo, ON , MLS #X13553302 , Image - 1

43 Oldfield Drive Kitchener, Waterloo, ON MLS® X13553302

Residential Freehold (Detached)

$1900.0

Reduced by 4.8%

2 Beds
2 Baths
< 700 sq-ft

Available immediately for rent at $1,900 per month plus a share of utilities. This newly built lower-level suite features two bedrooms, in-suite laund

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