Cheap Car Rentals in Iceland from HK$596
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 23-7 and drop-off date of 3-8. 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 rental in Iceland. The average price data is based on the last 12 months and was last updated on 9 June 2025.
Most popular company | Fair Car |
|---|---|
Most common car type | Compact |
Average price per day | HK$652 |
Cheapest price per day | HK$596 |
Iceland car rental prices in popular cities
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 74 pickup locations in Iceland to choose from. Price data has been averaged over the last 12 months and was last updated on 9 June 2025.
Price | HK$324 - HK$894 |
|---|
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 9 June 2025.
January
HK$337
February
HK$345
March
HK$345
April
HK$353
May
HK$384
June
HK$525
July
HK$643
August
HK$596
September
HK$392
October
HK$345
November
HK$345
December
HK$376
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 9 June 2025.
At HK$596/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 69 car hire agencies operating in Iceland, there are, in total, 254 hire locations. View below for 3 offered car types:
Economy
HK$596+
Compact
HK$910+
Intermediate
HK$919+
Full-size SUV
HK$1,809+
Compact estate car
HK$691+
Compact SUV
HK$868+
Intermediate SUV
HK$873+
Standard SUV
HK$1,083+
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 9 June 2025.
Small cars | HK$264 - HK$781 | |
|---|---|---|
All Car Types | HK$517 - HK$1,007 |
To hire a small car in Iceland, you would pay an average price of HK$449/day. December is the cheapest month to hire a small car in Iceland (~HK$264/day), while the most expensive month to hire that same car type is August (~HK$781/day). In fact, December is about 42% 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 38% 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 hire prices found by Cheapflights users in the past 7 days:
To hire a medium car in Iceland, you would pay an average price of HK$578/day. November is the cheapest month to hire a medium car in Iceland (~HK$348/day), while the most expensive month to hire that same car type is July (~HK$942/day). In fact, November is about 40% 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. Here are the best Iceland medium car hire prices found by Cheapflights users in the past 7 days:
To hire a large car in Iceland, you would pay an average price of HK$1,307/day. January is the cheapest month to hire a large car in Iceland (~HK$538/day), while the most expensive month to hire that same car type is July (~HK$1,857/day). In fact, January is about 59% cheaper than prices during the rest of the year to book a large car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a large car is 46% 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 hire a SUV in Iceland, you would pay an average price of HK$653/day. January is the cheapest month to hire a SUV in Iceland (~HK$423/day), while the most expensive month to hire that same car type is August (~HK$953/day). In fact, January is about 36% 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.
To hire a van in Iceland, you would pay an average price of HK$1,029/day. June is the cheapest month to hire a van in Iceland (~HK$652/day), while the most expensive month to hire that same car type is August (~HK$2,165/day). In fact, June is about 37% cheaper than prices during the rest of the year to book a van hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a van is 31% 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 hire a luxury car in Iceland, you would pay an average price of HK$1,419/day. April is the cheapest month to hire a luxury car in Iceland (~HK$1,194/day), while the most expensive month to hire that same car type is December (~HK$2,188/day). In fact, April is about 16% cheaper than prices during the rest of the year to book a luxury car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring 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.
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 9 June 2025.
Have a look at the top rental car agencies available in Iceland, including those that serve Reykjavik, Isafjordur and Akureyri. Browse through some of the top rental car agencies in Iceland, including locations around Reykjavik, Isafjordur and Akureyri.
Europcar
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Hertz
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Budget
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GREEN MOTION
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Ice Rental 4x4
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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$994. Data was last updated on 9 June 2025.
Browse some of the deals we've come across on car rentals in the Iceland region, including options close to Reykjavik, Isafjordur and Akureyri. Come back soon if you don't find what you're looking for as deals are updated often.
Car rental FAQs
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 9 June 2025.
What is the cheapest city to get a rental car in Iceland?
At HK$653/day, it is 16% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for HK$559/day in Reykjavik.
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, Hybrid cars are the cheapest to rent in Iceland. Deals were last updated on 9 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 (HK$76+).
Electric
HK$77+
Hybrid
HK$76+
Petrol/Diesel
HK$81+