The release of heavy metals and metalloids (HMs), including Pb, Zn, Cd, As, and Cu, from two typical contaminated soils with different properties, namely red soil and limestone-dominated soil, was characterized through simulated-rainfall experiments in order to investigate the effects of soil properties on HM release. Significant differences in the HM concentrations between the two soils resulted in various concentrations of dissolved and particulate HMs in the runoff. Differences in the dissolved HM concentrations in the runoff were inconsistent with the HM concentrations in the soils, which is attributed to the variable solubilities of HMs in the two soils. However, the HM enrichment ratios were not significantly different. The strong correlation between dissolved organic carbon and dissolved HMs in the runoff, and between the total organic carbon and particulate HMs in sediments, were observed, especially in the limestone-dominated soil. The specific surface area and HM concentrations in sediments were weakly correlated. Acid-rainfall experiments showed that only the limestone-dominated soil buffered the effects of acid rain on the runoff; the concentrations of dissolved Pb, Zn, Cd, and Cu increased in the red soil under acid rainfall and were 60, 29, 25, and 19 times higher, respectively, than under the neutral conditions. The results contribute to the understanding of HM behavior in the two typical soils in southern China, exposed to frequent storms that are often dominated by acid rainfall.