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Iceland

Cheap Car Rentals in Iceland

Driver's age: 26-65
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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 25 April 2025.

Most popular company

Sixt

Most common car type

Compact

Average price per day

HK$608

Cheapest price per day

HK$410

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 25 April 2025.

January

HK$333

February

HK$341

March

HK$341

April

HK$341

May

HK$356

June

HK$504

July

HK$620

August

HK$574

September

HK$403

October

HK$341

November

HK$341

December

HK$372

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 25 April 2025.

Small cars

HK$261 - HK$740

All Car Types

HK$511 - HK$1,005

To hire a small car in Iceland, you would pay an average price of HK$437/day. December is the cheapest month to hire a small car in Iceland (~HK$261/day), while the most expensive month to hire that same car type is August (~HK$740/day). In fact, December is about 41% 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.

To hire a medium car in Iceland, you would pay an average price of HK$558/day. November is the cheapest month to hire a medium car in Iceland (~HK$347/day), while the most expensive month to hire that same car type is August (~HK$967/day). In fact, November is about 38% 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.

To hire a large car in Iceland, you would pay an average price of HK$1,208/day. January is the cheapest month to hire a large car in Iceland (~HK$532/day), while the most expensive month to hire that same car type is July (~HK$1,795/day). In fact, January is about 56% 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 43% 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$624/day. January is the cheapest month to hire a SUV in Iceland (~HK$418/day), while the most expensive month to hire that same car type is July (~HK$969/day). In fact, January is about 34% 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 11% 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$1,079/day. October is the cheapest month to hire a van in Iceland (~HK$779/day), while the most expensive month to hire that same car type is July (~HK$1,985/day). In fact, October is about 28% 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 36% 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$1,253/day. June is the cheapest month to hire a luxury car in Iceland (~HK$858/day), while the most expensive month to hire that same car type is December (~HK$2,163/day). In fact, June is about 32% 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 45% 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 25 April 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

8.2
Very Good
32 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.6

Overall

8.2

Pick-up/drop-off

8.1

Value

7.9

Hertz

8.0
Very Good
30 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.4

Overall

8.0

Pick-up/drop-off

7.8

Value

7.6

Budget

8.2
Very Good
12 reviews8 locations
Overview

Cleanliness

8.1

Comfort

8.2

Overall

8.2

Pick-up/drop-off

8.0

Value

7.7

GREEN MOTION

7.9
Good
3 reviews5 locations
Overview

Cleanliness

7.9

Comfort

7.9

Overall

7.9

Pick-up/drop-off

7.9

Value

8.6

Thrifty

7.6
Good
19 reviews5 locations
Overview

Cleanliness

7.6

Comfort

7.6

Overall

7.6

Pick-up/drop-off

7.0

Value

6.7

Ice Rental Cars

7.5
Good
10 reviews5 locations
Overview

Cleanliness

7.7

Comfort

7.7

Overall

7.5

Pick-up/drop-off

6.8

Value

7.7

Dollar

7.2
Good
20 reviews5 locations
Overview

Cleanliness

8.3

Comfort

7.6

Overall

7.2

Pick-up/drop-off

6.8

Value

7.1

Ice Rental 4x4

6.8
Okay
11 reviews6 locations
Overview

Cleanliness

7.6

Comfort

7.2

Overall

6.8

Pick-up/drop-off

6.6

Value

6.9

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 25 April 2025.
  • Which car hire company is considered to be the best in Iceland?

    Taking our users’ ratings and reviews into consideration, Rent-A-Wreck (10.0 rating), Alamo (8.6 rating) and Budget (8.2 rating) seem to be the best car hire companies in Iceland.

  • 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$653/day, it’s easy to understand why. The most popular car type from Sixt is INTERMEDIATE, which starts as low as HK$626/day.

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

    At HK$594/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$382/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.

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