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Iceland

Cheap Car Rentals in Iceland from $127

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 23/1 and drop-off date of 25/1. 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.
Driver's age: 26-65
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Iceland car rentals in 2024

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 23 December 2024.

Most popular company

Fair Car

Most common car type

Intermediate

Average price per day

$132

Cheapest price per day

$127

What is the cheapest time to rent a car in Iceland?

Discover the most affordable period to rent a car in Iceland and save money on your trip. The monthly average price data is based on historical data over the last year and was last updated on 23 December 2024.

January

$70

February

$79

March

$81

April

$72

May

$81

June

$121

July

$146

August

$136

September

$97

October

$76

November

$77

December

$84

Currently, the cheapest month to rent a car in Iceland is January. The most expensive time to rent a car is July. The cheapest prices for each month are shown above, but prices will vary based on availability, how far out you book your rental car, and of course, car type.

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 23 December 2024.

There are currently 244 hire locations operating in Iceland spread across 66 car hire agencies. In the past week, the cheapest car type to hire in Iceland is SUV at $127 a day. Below is the current available car type for hire, along with estimated starting prices:

Economy

Economy

Compact

Compact

Intermediate

Intermediate

Full-size SUV

Full-size SUV

Compact estate car

Compact estate car

Intermediate SUV

Intermediate SUV

Compact SUV

Compact SUV

Standard SUV

Standard SUV

Compare available car types for rental in Iceland

Compare and contrast the various car types offered for hire in Iceland to find the perfect fit for your trip. Price data is based on averages over the last 12 months and was last updated on 23 December 2024.

Small cars

$72 - $186

All Car Types

$68 - $178

To hire a small car in Iceland, you would pay an average price of $101/day. November is the cheapest month to hire a small car in Iceland (~$72/day), while the most expensive month to hire that same car type is July (~$186/day). In fact, November is about 29% cheaper than prices during the rest of the year to book a small car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a small car saves you 5% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.

To hire a medium car in Iceland, you would pay an average price of $85/day. December is the cheapest month to hire a medium car in Iceland (~$58/day), while the most expensive month to hire that same car type is July (~$164/day). In fact, December is about 32% cheaper than prices during the rest of the year to book a medium car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a medium car saves you 20% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity.

To hire a SUV in Iceland, you would pay an average price of $97/day. January is the cheapest month to hire a SUV in Iceland (~$62/day), while the most expensive month to hire that same car type is July (~$166/day). In fact, January is about 37% cheaper than prices during the rest of the year to book a SUV hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a SUV saves you 9% in costs. Please note that average prices are based on historical data and can vary depending on how early you book, availability for your travel dates, and vehicle popularity. Here are the best Iceland SUV hire prices found by Cheapflights users in the past 7 days:

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 23 December 2024.

keddy by Europcar

21 locations

Sunnycars

19 locations

Europcar

17 locations

Hertz

17 locations

Avis

8 locations

Budget

8 locations

Firefly

7 locations

Fair Car

6 locations

Best Iceland car rental deals found

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 $127. Data was last updated on 23 December 2024.
Mitsubishi Outlander$127/day
5
M
A/C
Mitsubishi Outlander

Car rental FAQs

Find answers to frequently asked questions about car hires in Iceland, including policies, requirements, and more. FAQs were last updated on 23 December 2024.
  • Which car hire company is considered to be the best in Iceland?

    Taking our users’ ratings and reviews into consideration, Alamo (8.5 rating), Budget (8.2 rating) and Europcar (8.2 rating) seem to be the best car hire companies in Iceland.

  • What is the most popular car hire provider in Iceland?

    With an average price of $74/day, Fair Car is the most popular car hire provider in Iceland, booking 60% more hire cars than any other provider.

  • What is the cheapest city to get a rental car in Iceland?

    At $160/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 $56/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, Petrol/Diesel cars are the cheapest to rent in Iceland. Deals were last updated on 23 December 2024.

Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Petrol/Diesel being the cheapest ($35+).

Electric

Electric

Hybrid

Hybrid

Petrol/Diesel

Petrol/Diesel

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