Cheap Car Rentals in Iceland from $116
This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car hire in Iceland with a pick-up date of 27/6 and drop-off date of 30/6. Fares are subject to change and may not be available at all agencies or on all dates of hire. Click the price to replicate the search for this deal.
Iceland car rentals in 2025
Get helpful information to start your search for the perfect car hire in Iceland. The average price data is based on the last 12 months and was last updated on 14 June 2025.
Most popular company | Ice Rental 4x4 |
|---|---|
Most common car type | Intermediate |
Average price per day | $163 |
Cheapest price per day | $116 |
Popular car types in Iceland
Explore the most popular car models available for hire in Iceland and choose the one that suits your needs. The price data is sourced from various car hire companies and was last updated on 14 June 2025.
There are currently 254 hire locations operating in Iceland spread across 69 car hire agencies. In the past week, the cheapest car type to hire in Iceland is small car at $116 a day. Below are all the 3 car types available for hiring in the area, along with estimated starting prices:
Economy
$116+
Compact
$161+
Intermediate
$199+
Full-size SUV
$501+
Compact estate car
$193+
Intermediate SUV
$204+
Compact SUV
$209+
Standard SUV
$252+
Compare car rental deals in Iceland by type
Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:
Here are the best Iceland medium car hire prices found by Cheapflights users in the past 7 days:
Here are the best Iceland SUV hire prices found by Cheapflights users in the past 7 days:
Best car rental deals found in Iceland
Browse through a selection of recently found affordable car hire deals in Iceland. Plan your trip with ease and find the perfect hire option for your needs. There are currently 8 hire car agencies in Iceland with an average daily rate of $227. Data was last updated on 14 June 2025.
Cheapflights insights for Iceland car rentals
Get relevant, data-driven information to help you hire a car in Iceland, including pricing trends, ideal booking times, and more.
How far in advance should I hire a car in Iceland?
Book your car hire in Iceland 37 days before your pickup date to maximise your savings. Car hire prices are around $80/day on average when booked 37 days ahead, which saves you 49% off the usual average price.
What is the cheapest car hire company in Iceland?
Fair Car is currently the cheapest car hire company in Iceland with deals as low as $45.95/day found in the past two weeks. Firefly is another inexpensive option with rates as low as $57.38/day.
What is the cheapest month to hire a car in Iceland?
The cheapest month to hire a car in Iceland is January, when you can expect to pay $71/day on average. The most expensive month to hire a car in Iceland is July ($136/day on average). The average daily car hire price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you hire.
January
$71
February
$73
March
$73
April
$75
May
$81
June
$111
July
$136
August
$126
September
$83
October
$73
November
$73
December
$80
What car do most people hire in Iceland?
SUV cars (Suzuki Vitara, for example) are the most popular in Iceland. Mini (Kia Picanto) and Standard (Suzuki Vitara) cars are also often chosen by our users when visiting Iceland.
Which car hire company has the most locations in Iceland?
keddy by Europcar has 21 locations throughout the area, more than any other company. Sunnycars has the second-highest number of locations in Iceland at 19.
Top rental agencies in Iceland
Explore the leading car hire agencies in Iceland known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Iceland. Reviews were last updated on 14 June 2025.
Europcar
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Hertz
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Budget
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GREEN MOTION
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Thrifty
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Ice Rental Cars
Overview
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Dollar
Overview
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Ice Rental 4x4
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Car rental FAQs
Find answers to frequently asked questions about car hires in Iceland, including policies, requirements, and more. FAQs were last updated on 14 June 2025.
What is the cheapest city to get a rental car in Iceland?
At $169/day, it is 0% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for $78/day in Reykjavik.
What side of the road do you drive on in Iceland?
In Iceland, drivers are expected to drive on the right side of the road.
Car rentals by fuel type in Iceland
Browse car rentals by fuel type in Iceland. Currently, Hybrid cars are the cheapest to rent in Iceland. Deals were last updated on 14 June 2025.
Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Hybrid being the cheapest ($72+).
Electric
$98+
Hybrid
$72+
Petrol/Diesel
$74+