Iceland

Cheap Car Rentals in Iceland from HK$496

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 18-6 and drop-off date of 24-6. 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 11 June 2026.

Most popular company

Fair Car

Most common car type

Standard

Average price per day

HK$537

Cheapest price per day

HK$496

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 June 2026.

At HK$496/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 77 car hire agencies operating in Iceland, there are, in total, 275 hire locations. View below for 2 offered car types:

Economy

Economy

HK$537+

Compact

Compact

HK$496+

Full-size SUV

Full-size SUV

HK$2,250+

Mini

Mini

HK$500+

Compact SUV

Compact SUV

HK$533+

Compact estate car

Compact estate car

HK$677+

Intermediate SUV

Intermediate SUV

HK$800+

Standard SUV

Standard SUV

HK$932+

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$846. Data was last updated on 11 June 2026.
Toyota CorollaHK$496/day
4
M
A/C
Toyota Corolla
Mazda Mazda2HK$537/day
2
5
M
Mazda Mazda2
Mazda Mazda2HK$557/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 87 days before your pickup date to maximise your savings. Car rental prices are around HK$415/day on average when booked 87 days ahead, which saves you 636% off the average price.

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$306. Conversely, July is the priciest month, averaging HK$768 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$306. Conversely, July is the priciest month, averaging HK$768 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$306

February

HK$329

March

HK$353

April

HK$368

May

HK$415

June

HK$549

July

HK$768

August

HK$752

September

HK$439

October

HK$368

November

HK$321

December

HK$337

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), Passenger van cars (Chevrolet Express or similar), and Economy cars (Hyundai i20 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 June 2026.

Routes Car & Truck Rentals

5.7
Fair
11 reviews1 location
Overview

Cleanliness

6.7

Comfort

5.4

Overall

5.7

Pick-up/drop-off

5.1

Value

6.1

Go Rentals

1 location

Avis

8 locations

NextCar

1 location

National

3 locations

Rhodium

1 location

RAS Car Rental

4 locations

Fara Car Rental

2 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 11 June 2026.
  • What is the cheapest city to get a rental car in Iceland?

    At HK$557/day, it is 1% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for HK$335/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 11 June 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$46+).

Electric

Electric

HK$52+

Hybrid

Hybrid

HK$80+

Petrol/Diesel

Petrol/Diesel

HK$46+

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