Iceland

Cheap Car Rentals in Iceland from HK$233

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 21-1 and drop-off date of 30-1. 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.
Driver's age: 25-65
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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 6 January 2026.

Most popular company

Europcar

Most common car type

Compact

Average price per day

HK$597

Cheapest price per day

HK$233

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 6 January 2026.

At HK$233/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

Economy

HK$233+

Compact

Compact

HK$484+

SUV

SUV

HK$588+

Full-size SUV

Full-size SUV

HK$1,127+

Compact estate car

Compact estate car

HK$319+

Intermediate estate car

Intermediate estate car

HK$375+

Compact SUV

Compact SUV

HK$482+

Intermediate SUV

Intermediate SUV

HK$523+

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:

BYD e6HK$233/day
2
M
BYD e6
Mazda Mazda2HK$354/day
2
5
M
A/C
Mazda Mazda2

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$523. Data was last updated on 6 January 2026.
BYD e6HK$233/day
2
M
BYD e6
Mazda Mazda2HK$354/day
2
5
M
A/C
Mazda Mazda2
Mazda Mazda2HK$374/day
2
5
M
Mazda Mazda2

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 51 days before your pickup date to maximise your savings. Car rental prices are around HK$456/day on average when booked 51 days ahead, which saves you 461% off the average price.

What is the cheapest car hire company in Iceland?

Hertz is currently the cheapest car hire company in Iceland with deals as low as HK$460.15/day found in the past two weeks. Dollar is another inexpensive option with rates as low as HK$596.35/day.

What is the cheapest month to rent a car in Iceland?

At Iceland, the best time to rent a car is at February, with an average daily rate of just HK$428. Conversely, July is the priciest month, averaging HK$1,312 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 February, with an average daily rate of just HK$428. Conversely, July is the priciest month, averaging HK$1,312 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$444

February

HK$428

March

HK$444

April

HK$444

May

HK$666

June

HK$767

July

HK$1,312

August

HK$1,043

September

HK$631

October

HK$510

November

HK$440

December

HK$456

What car do most people rent in Iceland?

The most popular types of cars to hire in Iceland are the following: Intermediate cars (Toyota C-HR or similar), SUV cars (Kia Sportage or similar), and Economy cars (Hyundai i20 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 6 January 2026.

Europcar

7.9
Good
33 reviews17 locations
Overview

Cleanliness

8.4

Comfort

8.5

Overall

7.9

Pick-up/drop-off

7.7

Value

7.8

Hertz

8.2
Very Good
29 reviews16 locations
Overview

Cleanliness

8.8

Comfort

8.6

Overall

8.2

Pick-up/drop-off

8.1

Value

7.5

Budget

7.9
Good
14 reviews8 locations
Overview

Cleanliness

7.7

Comfort

8.0

Overall

7.9

Pick-up/drop-off

7.9

Value

7.4

Thrifty

7.8
Good
22 reviews8 locations
Overview

Cleanliness

8.6

Comfort

8.4

Overall

7.8

Pick-up/drop-off

7.2

Value

7.3

Dollar

7.3
Good
20 reviews8 locations
Overview

Cleanliness

8.3

Comfort

7.7

Overall

7.3

Pick-up/drop-off

6.9

Value

7.2

Ice Rental 4x4

7.2
Good
11 reviews6 locations
Overview

Cleanliness

7.8

Comfort

7.5

Overall

7.2

Pick-up/drop-off

7.2

Value

7.4

Ice Rental Cars

6.6
Okay
10 reviews5 locations
Overview

Cleanliness

7.4

Comfort

6.6

Overall

6.6

Pick-up/drop-off

6.4

Value

6.6

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 6 January 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 Dollar, and with prices around HK$596/day, it’s easy to understand why. The most popular car type from Dollar is MINI, which starts as low as HK$596/day.

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

    At HK$597/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$563/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 6 January 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$24+).

Electric

Electric

HK$56+

Hybrid

Hybrid

HK$30+

Petrol/Diesel

Petrol/Diesel

HK$24+

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Airport car rentals in Iceland

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