In this paper, environmentally sustainable cement mortars were prepared with end-of-life tyre rubber (TR) and recycled waste porous glass (PG) as aggregates in order to obtain lightweight products characterized by renewable and not-pretreated materials specifically for indoor applications. The secondary raw materials were added as partial and/or total replacement of the conventional sand aggregate. The resulting lightweight specimens were characterized by rheological, mechanical, thermal, microstructural and wettability tests. Fine tyre rubber aggregates affected the cohesiveness of the composites, as opposite to coarse tyre rubber and porous glass. The flexural and the compressive strengths of the porous glass samples were higher than the tyre rubber samples because of the higher stiffness and good adhesion of the glass to the cement paste as observed by microstructural observations. On the contrary, an unfavorable adhesion of the tyre aggregates to the cement paste was observed, together with discrete cracks after failure without separation of the two parts of the specimens. The latter result can explain the best results obtained by tyre rubber mortars in the case of impact compression tests where the super-elastic properties of the elastomeric material were evidenced by a deep groove before complete failure. Moreover, the thermal conductivity decrease of the lightweight porous TR and PG composites was in the range of ~80–90% with respect to the sand-based samples, which suggests that they can be used as plasters and masonries, and, in the case of tyre rubber specimens, outside applications are not excluded as observed from the wettability tests.