Cheap Car Rentals in Reykjavik from $38
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 Reykjavik with a pick-up date of 10/9 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.
Reykjavik car rentals in 2026
Get helpful information to start your search for the perfect car rental in Reykjavik. The average price data is based on the last 12 months and was last updated on August 17, 2026.
Most popular company | ICERENTAL4X4 |
|---|---|
Price of gas per gallon | $6.74 |
Average price per day | $64 |
Cheapest price per day | $38 |
Best car rental deals found in Reykjavik
Browse through a selection of recently found affordable car rental deals in Reykjavik. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Reykjavik with an average daily rate of $72. Data was last updated on August 17, 2026.
Cheapflights insights for Reykjavik car rentals
Get relevant, data-driven information to help you rent a car in Reykjavik, including pricing trends, ideal booking times, and more.
How far in advance should I rent a car in Reykjavik?
To get the best deal on a rental car in Reykjavik, book about 7 days before your trip. At that point, average daily prices are around $49, which is about 14% cheaper than the typical rate.
What is the cheapest rental car company in Reykjavik?
Ice Rental 4x4 is currently the cheapest rental car company in Reykjavik with deals as low as $21.94/day found in the past two weeks. Fair Car is another inexpensive option with rates as low as $26.69/day.
What is the best car rental company in Reykjavik?
Based on Cheapflights user feedback, the highest rated car rental company in Reykjavik is Europcar (rated 9.5/10 with 12 reviews). Thrifty (rated 8.7/10 with 1 review) is also highly rated by our users.
What is the cheapest month to rent a car in Reykjavik?
The cheapest month to rent a car in Reykjavik is January where you can expect to pay $39/day on average. The most expensive month to rent a car in Reykjavik is August ($104/day on average). The average daily rental 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 rent.
January
$39
February
$42
March
$45
April
$47
May
$53
June
$68
July
$96
August
$104
September
$58
October
$49
November
$40
December
$42
What car do most people rent in Reykjavik?
The most popular types of cars to rent in Reykjavik are the following: SUV rentals (Kia Sportage or similar), Compact rentals (Volkswagen Golf or similar), and Standard rentals (Subaru Forester or similar).
Which car rental company has the most locations in Reykjavik?
In Reykjavik, Avis, RAS Car Rental, and Route 1 Car Rental have 2 locations, more than any other rental company in the area.
Top rental agencies in Reykjavik
Explore the leading car rental agencies in Reykjavik known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Reykjavik. Reviews were last updated on August 17, 2026.
Europcar
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Recent reviews
View Europcar Locations in Reykjavik
Thrifty
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
View Thrifty Locations in Reykjavik
Avis
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
View Avis Locations in Reykjavik
Rent A Tesla Iceland
View Rent A Tesla Iceland Locations in Reykjavik
TOURING
View TOURING Locations in Reykjavik
RAS Car Rental
View RAS Car Rental Locations in Reykjavik
Route 1 Car Rental
View Route 1 Car Rental Locations in Reykjavik
Final Rentals
View Final Rentals Locations in Reykjavik
Car rental FAQs
Find answers to frequently asked questions about car rentals in Reykjavik, including policies, requirements, and more. FAQs were last updated on August 17, 2026.
What is the cheapest rental car found in Reykjavik?
In the past two weeks, Cheapflights users have found many deals under $64/day when booking a rental car in Reykjavik. The best deal a user found was for $17/day from Alamo, booked on Aug. 15.
How much does it cost to rent a car in Reykjavik for a week from Ice Rental 4x4?
Ice Rental 4x4 is one of the most popular car rental companies in Reykjavik, offering car rentals for around $293 per week on average.
Can I rent a car for a month in Reykjavik?
Yes, renting a vehicle in Reykjavik for a month is certainly possible.
How much does it cost to rent a car in Reykjavik for a month?
Alamo currently has the lowest price available for a month-long booking. Users have saved up to 84% compared to the average price of a 30-day rental in Reykjavik. Typically, a monthly car rental in Reykjavik can be found for $1,257. You can find car rental deals to be on average $42 a day.
How much is a car rental in Reykjavik for a weekend?
$89 is typically the average cost for a rental car for the weekend in Reykjavik, though this could vary depending on the time of year. If you’re on a budget when traveling to Reykjavik, then opt for a Mini rental vehicle - these tend to be the most affordable on weekends. In the month of September, you can expect to find car rental prices on Cheapflights for as low as $79/day.
Car rentals by fuel type in Reykjavik
Browse car rentals by fuel type in Reykjavik. Currently, Gas/Diesel cars are the cheapest to rent in Reykjavik. Deals were last updated on August 17, 2026.
Browse through car rental deals by fuel type in Reykjavik. There are currently 3 fuel types to choose from with Gas/Diesel being the cheapest ($46+).
Electric
$47+
Gas/Diesel
$46+
Hybrid
$54+