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Cheap Car Rentals in Iceland from HK$191
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 28-11 and drop-off date of 14-12. 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.
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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 30 October 2025.
Most popular company | Fair Car |
|---|---|
Most common car type | Compact |
Average price per day | HK$481 |
Cheapest price per day | HK$191 |
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 30 October 2025.
At HK$191/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 71 car hire agencies operating in Iceland, there are, in total, 259 hire locations. View below for 2 offered car types:
Economy
HK$191+
Compact
HK$385+
SUV
HK$440+
Full-size SUV
HK$947+
Compact estate car
HK$198+
Intermediate SUV
HK$253+
Intermediate estate car
HK$282+
Compact SUV
HK$362+
Compare car rental deals in Iceland by type
Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:
Mazda Mazda2HK$191/day
2
5
M
BYD e6HK$206/day
2
M
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$401. Data was last updated on 30 October 2025.
Mazda Mazda2HK$191/day
2
5
M
BYD e6HK$206/day
2
M
BYD e6HK$246/day
2
M
A/C
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 16 days before your pickup date to maximise your savings. Car rental prices are around HK$484/day on average when booked 16 days ahead, which saves you 393% off the average price.
What is the cheapest car hire company in Iceland?
Northern Lights is currently the cheapest car hire company in Iceland with deals as low as HK$180.04/day found in the past two weeks. Fair Car is another inexpensive option with rates as low as HK$214.15/day.
What is the cheapest month to rent a car in Iceland?
At Iceland, the best time to rent a car is at March, with an average daily rate of just HK$451. Conversely, July is the priciest month, averaging HK$1,396 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 March, with an average daily rate of just HK$451. Conversely, July is the priciest month, averaging HK$1,396 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$502
February
HK$580
March
HK$451
April
HK$471
May
HK$847
June
HK$982
July
HK$1,396
August
HK$1,352
September
HK$772
October
HK$635
November
HK$588
December
HK$572
What car do most people rent in Iceland?
The most popular types of cars to hire in Iceland are the following: SUV cars (Suzuki Vitara or similar), Intermediate cars (Toyota C-HR or similar), and Mini cars (Class Mini Car or similar).
Which car hire company has the most locations in Iceland?
keddy by Europcar has 21 locations throughout the area, more than any other company. Sunnycars has the second-highest number of locations in Iceland at 19.
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 30 October 2025.
Europcar
33 reviews•17 locations
Hertz
29 reviews•16 locations
Budget
14 reviews•8 locations
Thrifty
22 reviews•8 locations
Dollar
20 reviews•8 locations
Ice Rental 4x4
11 reviews•6 locations
Ice Rental Cars
10 reviews•5 locations
Avis
8 locations
Car rental FAQs
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 30 October 2025.
What is the cheapest city to get a rental car in Iceland?
At HK$580/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 HK$309/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, Petrol/Diesel cars are the cheapest to rent in Iceland. Deals were last updated on 30 October 2025.
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$23+).
Electric
HK$46+
Hybrid
HK$27+
Petrol/Diesel
HK$23+