Cheap Car Rentals in Iceland from HK$299
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 10-12 and drop-off date of 24-12. 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 2026
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 11 October 2026.
Most popular company | Fair Car |
|---|---|
Most common car type | Intermediate |
Average price per day | HK$557 |
Cheapest price per day | HK$299 |
Popular car types in Iceland
Explore the most popular car models available for rent in Iceland and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 11 October 2026.
At HK$299/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 78 car hire agencies operating in Iceland, there are, in total, 278 hire locations. View below for 3 offered car types:
Economy
HK$299+
Compact
HK$345+
SUV
HK$422+
Full-size SUV
HK$952+
Passenger van
HK$1,104+
Compact SUV
HK$317+
Compact estate car
HK$383+
Intermediate SUV
HK$409+
Best car rental deals found in Iceland
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 HK$520. Data was last updated on 11 October 2026.
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 rental car in Iceland 7 days before your pickup date to maximise your savings. Car rental prices are around HK$392/day on average when booked 7 days ahead, which saves you 562% off the average price.
What is the cheapest car hire company in Iceland?
Goldcar Rental SP is currently the cheapest car hire company in Iceland with deals as low as HK$38.77/day found in the past two weeks. RAS Car Rental is another inexpensive option with rates as low as HK$39.82/day.
What is the cheapest month to rent a car in Iceland?
At Iceland, the best time to rent a car is at January, with an average daily rate of just HK$314. Conversely, August is the priciest month, averaging HK$824 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Iceland, the best time to rent a car is in January, with an average daily rate of just HK$314. Conversely, August is the priciest month, averaging HK$824 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.
January
HK$314
February
HK$337
March
HK$361
April
HK$369
May
HK$424
June
HK$541
July
HK$761
August
HK$824
September
HK$494
October
HK$432
November
HK$353
December
HK$361
What car do most people rent in Iceland?
The most popular types of cars to hire in Iceland are the following: SUV cars (Nissan Qashqai or similar), Economy cars (Class Economy Car or similar), and Passenger van cars (Chevrolet Express or similar).
Which car hire company has the most locations in Iceland?
Avis has 8 locations throughout the area, more than any other company. NextCar has the second-highest number of locations in Iceland at 1.
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 11 October 2026.
Avis
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Avis Locations in Iceland
Routes Car & Truck Rentals
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Recent reviews
Routes Car & Truck Rentals Locations in Iceland
Go Rentals
Go Rentals Locations in Iceland
NextCar
NextCar Locations in Iceland
National
National Locations in Iceland
Rhodium
Rhodium Locations in Iceland
RAS Car Rental
RAS Car Rental Locations in Iceland
Fara Car Rental
Fara Car Rental Locations in Iceland
Car rental FAQs
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 11 October 2026.
What is the most popular car hire provider in Iceland?
When hiring a car in Iceland, the most popular provider of hire cars among Cheapflights users is Sixt, and with prices around HK$518/day, it’s easy to understand why. The most popular car type from Sixt is INTERMEDIATE, which starts as low as HK$437/day.
What is the cheapest city to get a rental car in Iceland?
At HK$314/day, it is 29% cheaper on average to rent a car in Keflavik than any other city in Iceland. The cheapest price found in Iceland was for HK$216/day in Keflavik.
What side of the road do you drive on in Iceland?
Cars travel on the right side of the road in Iceland.
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 11 October 2026.
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 (HK$35+).
Electric
HK$46+
Hybrid
HK$42+
Petrol/Diesel
HK$35+