$42 Car Rental Waterloo, IA

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Top Car Deals in Waterloo

* Price found within the past 6 days. Click for updated prices.

Economy

Chevrolet Spark
  • 4 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Chevrolet Spark

$42

includes taxes & fees
$36 per day
found 1 day ago
Economy Chevrolet Spark

Compact

Ford Focus
  • 5 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Ford Focus

$42

includes taxes & fees
$36 per day
found 1 day ago
Compact Ford Focus

Fullsize

Nissan Altima
  • 5 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Nissan Altima

$45

includes taxes & fees
$39 per day
found 1 day ago
Fullsize Nissan Altima

Midsize

Kia K4
  • 5 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Kia K4

$45

includes taxes & fees
$39 per day
found 1 day ago
Midsize Kia K4

Special

Managers Special
  • 4 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Managers Special

$51

includes taxes & fees
$44 per day
found 1 day ago
Special Managers Special

Standard

Chevrolet Cruze
  • 5 people
  • Unlimited mileage
Cedar Falls, Iowa, USA
Chevrolet Cruze

$53

includes taxes & fees
$46 per day
found 1 day ago
Standard Chevrolet Cruze

Standard Elite SUV

Ford Explorer
  • 7 people
  • Unlimited mileage
Waterloo, Iowa, USA
Ford Explorer

$98

includes taxes & fees
$73 per day
found 8 hours ago
Standard Elite SUV Ford Explorer

Mini Van

Chrysler Pacifica
  • 7 people
  • Unlimited mileage
Waterloo, Iowa, USA
Chrysler Pacifica

$89

includes taxes & fees
$77 per day
found 8 hours ago
Mini Van Chrysler Pacifica

Premium Pickup Regular Cab

Ford F150
  • 5 people
  • Unlimited mileage
Waterloo, Iowa, USA
Ford F150

$92

includes taxes & fees
$80 per day
found 1 day ago
Premium Pickup Regular Cab Ford F150

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What you need to know for your Waterloo car rental

Reasons to book a car rental in and around Waterloo

Renting a car in Waterloo, Iowa, offers the freedom and flexibility to explore the city and its surroundings at your own pace. With a rental car, you can easily visit key attractions like the John Deere Tractor & Engine Museum, a cultural highlight in the area. Families and those seeking entertainment can enjoy the Lost Island Theme Park, also located in Waterloo. The convenience of having a car allows you to manage luggage effortlessly and create flexible travel plans.

Additionally, you can venture to nearby destinations such as Cedar Falls, just 6 miles away, where you can experience the Cedar Falls Community Main Street. Evansdale, only 3 miles from Waterloo, also features attractions like the John Deere Tractor & Engine Museum and Lost Island Theme Park. Elk Run Heights, located 5 miles away, offers similar attractions, making it easy to explore multiple cities during your trip. A rental car is particularly beneficial for families, providing space for everyone and their belongings while allowing for easy access to various experiences in and around Waterloo.

Most popular car rentals in Waterloo

  • Standard SUV: The Standard SUV is a popular choice for travelers in Waterloo, accommodating up to 5 people and offering space for 2 medium suitcases. This vehicle is perfect for couples, families, or groups looking to explore the area comfortably. With its robust build and versatile seating, it provides a great balance of space and maneuverability, making it an excellent option for enjoying the sights around Waterloo.
  • Midsize SUV: The Midsize SUV stands out as another top option, also accommodating 5 travelers but with the added benefit of space for up to 3 large suitcases. This makes it ideal for families, couples, or small groups who may have more luggage or equipment to transport. Its spacious interior and versatility enable you to enjoy your trip with comfort and ease, making it a favored choice for those traveling in and around Waterloo.
  • Economy: The Economy car is a great choice for those seeking affordability without sacrificing space. It comfortably fits 5 travelers and allows for 2 medium suitcases, making it suitable for solo travelers, couples, or small families. With its practical size and efficiency, the Economy car is perfect for navigating the roads of Waterloo while keeping your travel plans flexible and hassle-free.

Top rated car suppliers in Waterloo

  • Enterprise: Enterprise is a popular choice for travelers in Waterloo, offering a convenient rental location within the city. Known for excellent customer service, Enterprise ensures a smooth experience with helpful staff. The most booked vehicles are Midsize and Fullsize, which cater to various needs, whether for family trips or business travel, giving you the flexibility to explore Waterloo and its surroundings comfortably.
  • Budget: Budget provides a reliable car rental option with one location in Waterloo. Travelers appreciate its competitive pricing and the variety of vehicles available. The Midsize and Fullsize cars are particularly popular, making it easy to manage your luggage and travel plans. Budget's straightforward rental process allows you to get on the road quickly, maximizing your time for adventure in and around the area.
  • Avis: Avis stands out in Waterloo with its customer-friendly service and a solid selection of vehicles. Located conveniently in the city, Avis is favored for its Midsize SUVs and Fullsize cars, ideal for those seeking extra space for passengers or gear. Travelers often highlight the ease of the rental process and the quality of the vehicles, making Avis a strong contender for your car rental needs while exploring Waterloo.

Where to stay around Waterloo

  • Cedar Falls: Located 6 miles from Waterloo, Cedar Falls is an ideal spot for families seeking entertainment and city-themed experiences. Key attractions include the Cedar Falls Community Main Street, which is perfect for urban exploration, and the Lost Island Theme Park, offering fun for all ages. The John Deere Tractor & Engine Museum adds a cultural touch, while recreational areas and a water park provide ample outdoor activities. Numerous dining options are available, making Cedar Falls a convenient base for travelers.
  • Evansdale: Situated 3 miles from Waterloo, Evansdale is a great choice for families looking for adventure and entertainment. Visitors can enjoy the nearby Lost Island Theme Park and explore the John Deere Tractor & Engine Museum for a cultural experience. The city is also home to a water park and recreational spaces, ideal for outdoor fun. Dining options, including local wineries, enhance the experience, making Evansdale a vibrant place to stay during your trip.
  • Raymond: Located 7 miles from Waterloo, Raymond offers a blend of family-friendly activities and outdoor experiences. The urban park and library provide educational opportunities, while nearby golf courses and shopping centers add variety to your stay. The Lost Island Theme Park and the John Deere Tractor & Engine Museum are nearby attractions worth visiting. With a selection of restaurants and wineries in the area, Raymond is a charming destination for those looking to enjoy both city and nature.

10 tips to save on your car rental in and around Waterloo

  1. Use filters to find the right car: Refine your search by vehicle type and features. Whether you're looking for an SUV for added space, a convertible for summer drives, or an economy car for budget-friendly travel, utilize the filters on Expedia to discover the perfect option for your journey.
  2. Book in advance to help lower costs: Rental rates can vary based on demand, so it's advisable to reserve your car well ahead of your trip. By booking in advance, you are more likely to secure lower prices and have better availability, especially during peak seasons.
  3. Consider a smaller car for savings: Smaller vehicles typically have lower rental rates and are easier to park in crowded areas. Mid-size rentals strike a good balance between cost, comfort, and fuel efficiency.
  4. Age guidelines: Drivers under 30 years old may encounter higher deposits or daily surcharges, and certain vehicle categories—such as SUVs or luxury models—might not be available. This can also apply to renters over 70 years old. Always verify the age requirements prior to booking.
  5. Check fuel policies: Some rentals operate on a full-to-full fuel policy, meaning you must return the car with a full tank to avoid additional charges. This is generally the most favorable option. Others may offer full-to-empty or prepaid fueling choices, which are acceptable as well. Just ensure you return the car with an empty tank in that case.
  6. Save on city and airport pickups: Picking up your rental car at airports often incurs a surcharge, but the convenience may justify the extra cost.
  7. Know your payment options: Many car rental companies exclusively accept credit cards for payment.
  8. Understand your insurance coverage: Car rental insurance can help you avoid unexpected expenses and provides peace of mind in case something unforeseen occurs during your trip. It's simple to add car rental insurance when booking through Expedia.
  9. Consider unlimited mileage: If you're planning long road trips, search for rentals that offer unlimited mileage to prevent incurring extra charges.
  10. Bring your driver's license and ID: A valid driver's license is necessary to rent a car.

Best time to rent a car in and around Waterloo

The best time to rent a car in and around Waterloo is February, when prices and demand are both slightly low, offering great value. January also sees similar trends, making it another good option. As spring approaches, March through May presents average prices and demand, providing a balanced choice for travelers. However, July is the most expensive month, with high demand and prices. June through August continue this trend with elevated costs and busy rental periods.

calendar iconCalendar Monthtemperature iconTemperaturerain iconPrecipitationmostly cloudy iconCloudinessoccupation rate iconDemandprice iconPricing
January18.5°F (-7.5°C)No Rain (Dry)Mostly CloudySlightly LowSlightly Low
February20.8°F (-6.2°C)No Rain (Dry)Mostly CloudySlightly LowSlightly Low
March36.5°F (2.5°C)Light RainMostly CloudyAverageAverage
April47.8°F (8.8°C)Light RainMostly SunnyAverageAverage
May59.9°F (15.5°C)Light RainMostly SunnyAverageAverage
June69.8°F (21.0°C)Light RainMostly SunnySlightly HighSlightly High
July72.5°F (22.5°C)Light RainMostly SunnySlightly HighSlightly High
August71.1°F (21.7°C)Light RainMostly SunnySlightly HighSlightly High
September64.8°F (18.2°C)Light RainMostly SunnyAverageSlightly Low
October51.3°F (10.7°C)Light RainMostly SunnySlightly LowAverage
November38.1°F (3.4°C)Light RainMostly SunnyAverageAverage
December26.8°F (-2.9°C)Light RainMostly CloudyAverageAverage

Finding the cheapest car rentals in Waterloo

Using our Search Wizard

If the deals that are available on our page do not suit your needs, then enter Waterloo into the search wizard at the top of the page. We will compare all the best deals available for your car rental in Waterloo and provide you with a list of the cheapest options, with no added fees.

Renting a car in Waterloo

Pay at pickup is available, so you don’t have to worry about spending your money until you arrive at your vehicle in Waterloo. We partner with reliable partners that guarantee an enjoyable experience for solo travelers, couples, and families. Package your car with a flight or hotel to unlock even more savings from Expedia.

Expected prices in Waterloo

Prices are subject to seasonal change depending on when you decide to arrange your car rental but right now you can book from $42.

Flexibility & Cancellation

Most car suppliers offer penalty-free cancellations, so you don’t have to worry about losing money if your plans change. To cancel your booking log into your account through the Trips portal. Click manage booking and cancel this car. If you needed to alter your booking, then you can create a new one once you have canceled.

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One Key members save 10% or more on select hotels, cars, activities and vacation rentals. Not only that, earn OneKeyCash for every dollar spent on eligible hotels, vacation rentals, flights, car rentals, and more when you book across our family of brands: Expedia, Hotels.com and VRBO. Learn more and join today.

Car classes available from Expedia in 2026

The classes of vehicles available will change depending on your chosen location.

Car Rental Information

Popular car types
SUV, Full Size, Economy
Car suppliers available
Our best deal of the day
$42
Our second best deal of the day
$45
Our third best deal of the day
$51
From the airport to your hotel
Airport Transportation
From popular domestic and international airports
Airport Car Rentals

Frequently asked questions

How much is a rental car per day in Waterloo?
The daily price of rental cars in Waterloo within the past seven days was as low as $42. With your own affordable ride, the attractions in and around this place are well within your reach.
Can I rent a car from Waterloo Regional Airport (ALO)?
Touch down at Waterloo Regional Airport (ALO) and then head for Budget or Avis, a quick commute away. You'll be discovering the sights and sounds of Waterloo in your reliable rental in no time at all.
What happens if I need to cancel my Waterloo car reservation?
Subject to the rental agreement, you may be eligible for a refund. Many reservations allow for a complete refund if you advise us six hours before pickup. Got any questions? If you can't find the answer in your booking details, our Customer Service Portal is always here to help.
Where can I go on a road trip from Waterloo?
After you've been to all of the great sights in Waterloo, there's loads more to see in the surrounding region. Grab the keys to a rental car, throw your bags in the trunk and take to the open road. Here are some drives you're sure to love:
  • Des Moines is 90 miles from Waterloo. Well-known sights like Iowa State Fairgrounds deserve to be high on your must-see list while you're in town.
  • Why not see everything on offer in La Crosse too? Notable attractions to see here include La Crosse Center. La Crosse is about 110 miles from Waterloo.
  • Olbrich Botanical Gardens is approximately 160 miles from Waterloo and is one of the region's most beautiful nature spots. Go for a walk around and enjoy the fresh air here.
How do I find the best car rental deals in Waterloo with Expedia?
Check out customer reviews and ratings, choose your car class and compare offers from leading providers. Expedia makes it easy to nab the best deal on your rental wheels. Bundle your Waterloo car rental with flight or hotel bookings and drive off with even more savings.
How old do you have to be to rent a car in Waterloo?
If you're aged 21 and over, you can rent a vehicle in Waterloo. Take into account that rental companies will charge an additional fee if you're a young driver, which is meant to cover the higher accident or damage risk involved. Also, young drivers are generally restricted from renting luxury cars or larger vehicles. Take note of the terms and conditions before booking to avoid any surprises at pickup.
What do you need to rent a car in Waterloo?
Generally, all that's required is a driver's license and a credit card in the same name when collecting the vehicle. Proof of coverage may also be required if you'd like to opt out of the company's insurance plan. Rules may differ between rental suppliers, so remember to check while booking.
What is the cheapest car rental in Waterloo?
The lowest rate for a rental car in Waterloo within the past seven days was just $42 per day. The next best deal snapped up by thrifty travelers was $45. These rates were available on Expedia, with a rental starting date within the next year. Prices and availability are subject to change and additional terms apply.
Can I rent a car for a month or longer in Waterloo?
Yes, which means you won't have to rebook a rental vehicle mid-vacation. Click on our long-term car rental deals page, enter your trip information and book a set of wheels to call your own for however long you need.
Where can I find a Waterloo car rental if I am younger than 25?
If you're a younger driver hoping to rent a car in Waterloo, you'll need to check the policies of the car rental companies you're interested in. Some may rent to drivers under 25, some may not. There may be surcharges if you're between 21 and 24 years old. To escape any unpleasant surprises on pickup, make sure you do your research.
What insurance should I choose for my car rental in Waterloo?
Start your road trip the right way by purchasing Expedia's collision protection. While there are many types of car rental insurance, this is one you should have. It provides primary coverage for accident damage, theft and vandalism up to $35,000, as well as round-the-clock emergency help. Don't wait until you get to the rental counter to insure your precious wheels. Opt in to collision protection while booking your Waterloo ride with Expedia and save time and money.

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