Iceland

Cheap Car Rentals in Iceland from $24

This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car rental in Iceland with a pick-up date of 10/8 and drop-off date of 10/17. Fares are subject to change and may not be available at all agencies or on all dates of rental.
Wed 10/9
Wed 10/16
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Iceland car rentals in 2024

Get helpful information to start your search for the perfect car rental in Iceland. The average price data is based on the last 12 months and was last updated on October 2, 2024.

Most popular company

Ice Rental 4x4

Most common car type

Mini

Average price per day

$54

Cheapest price per day

$24

What are the car rental prices for popular cities in Iceland?

Discover the price range for renting a car in popular cities across Iceland, helping you budget and make informed decisions for your upcoming travel. There are 103 pickup locations in Iceland to choose from. Price data has been averaged over the last 12 months and was last updated on October 2, 2024.

Price

$33 - $110

Out of all the popular cities in Iceland, Reykjavik is the cheapest city to rent a car in at just $33/day. Renting a car in Reykjavik is 70% cheaper than renting one in Egilsstaðir where the per day rate is around $110. Other fairly inexpensive cities in Iceland to get a rental car in are: Akureyri ($51/day), Isafjordur ($75/day), and Egilsstaðir ($110/day). While these cities typically have cheaper prices than the rest of the country, travelers looking to rent a car in Reykjavik should expect to spend around $33/day on their transportation. The most popular city to rent a car in Iceland is Reykjavik.

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 October 2, 2024.

January

$41

February

$45

March

$46

April

$42

May

$47

June

$70

July

$84

August

$77

September

$55

October

$42

November

$42

December

$44

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.

Compare available car types for rental in Iceland

Compare and contrast the various car types offered for rental 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 October 2, 2024.

Small cars

$40 - $69

All Car Types

$57 - $117

To rent a small car in Iceland, you would pay an average price of $50/day. October is the cheapest month to rent a small car in Iceland (~$40/day), while the most expensive month to rent that same car type is June (~$69/day). In fact, October is about 22% cheaper than prices during the rest of the year to book a small car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a small car saves you 36% 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 small car rental prices found by Cheapflights users in the past 7 days:

To rent a medium car in Iceland, you would pay an average price of $65/day. October is the cheapest month to rent a medium car in Iceland (~$46/day), while the most expensive month to rent that same car type is July (~$108/day). In fact, October is about 31% cheaper than prices during the rest of the year to book a medium car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a medium car saves you 17% 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 medium car rental prices found by Cheapflights users in the past 7 days:

To rent a large car in Iceland, you would pay an average price of $151/day. October is the cheapest month to rent a large car in Iceland (~$117/day), while the most expensive month to rent that same car type is June (~$203/day). In fact, October is about 24% cheaper than prices during the rest of the year to book a large car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a large car is 49% more expensive. 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 rent a SUV in Iceland, you would pay an average price of $69/day. October is the cheapest month to rent a SUV in Iceland (~$51/day), while the most expensive month to rent that same car type is July (~$114/day). In fact, October is about 28% cheaper than prices during the rest of the year to book a SUV rental for Iceland. When comparing with other car types available for rental in Iceland, renting a SUV saves you 12% 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 rental prices found by Cheapflights users in the past 7 days:

To rent a van in Iceland, you would pay an average price of $154/day. April is the cheapest month to rent a van in Iceland (~$115/day), while the most expensive month to rent that same car type is July (~$220/day). In fact, April is about 26% cheaper than prices during the rest of the year to book a van rental for Iceland. When comparing with other car types available for rental in Iceland, renting a van is 49% more expensive. 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 rent a pickup truck in Iceland, you would pay an average price of $151/day. January is the cheapest month to rent a pickup truck in Iceland (~$102/day), while the most expensive month to rent that same car type is August (~$259/day). In fact, January is about 33% cheaper than prices during the rest of the year to book a pickup truck rental for Iceland. When comparing with other car types available for rental in Iceland, renting a pickup truck is 48% more expensive. 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 rent a luxury car in Iceland, you would pay an average price of $157/day. October is the cheapest month to rent a luxury car in Iceland (~$117/day), while the most expensive month to rent that same car type is July (~$230/day). In fact, October is about 26% cheaper than prices during the rest of the year to book a luxury car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a luxury car is 50% more expensive. 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.

Kia Picanto$25/day
2
M
Kia Picanto
Hyundai i10$26/day
2
M
Hyundai i10
Ford Fiesta$35/day
2
M
Ford Fiesta

Top rental agencies in Iceland

Explore the leading car rental agencies in Iceland known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Iceland. Reviews were last updated on October 2, 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 rental deals in Iceland. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Iceland with an average daily rate of $44. Data was last updated on October 2, 2024.
Kia Picanto$25/day
2
M
Kia Picanto
Hyundai i10$26/day
2
M
Hyundai i10
Jeep Renegade$32/day
4
M
A/C
Jeep Renegade

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on October 2, 2024.
  • Which car rental company is considered to be the best in Iceland?

    Taking our users’ ratings and reviews into consideration, Thrifty (8.7 rating), Alamo (8.5 rating) and Europcar (8.1 rating) seem to be the best rental car companies in Iceland.

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

    When visiting Iceland, it is typically cheapest to rent your car in Keflavik where rental cars typically will cost around $61/day (5% less than the country average). The absolute cheapest rental car price in Iceland was found in Keflavik for just $35/day.

  • What side of the road do you drive on in Iceland?

    In Iceland, drivers are expected to maintain the lane(s) on the right side of the road.

Small car rentals in Iceland

Find small car rental deals in Iceland from well-known providers in the area and save on gas mileage with the options provided below. small car rentals in Iceland cost an average of $26 per day. Price data was last updated on October 2, 2024.
Hyundai i10$24/day
2
M
A/C
Hyundai i10
Hyundai i10$24/day
2
M
A/C
Hyundai i10
Hyundai i10$24/day
2
M
A/C
Hyundai i10

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 October 2, 2024.

Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Hybrid being the cheapest ($27+).

Electric

Electric

Gas/Diesel

Gas/Diesel

Hybrid

Hybrid

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