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 September 2026.
Most popular company | Fair Car |
|---|---|
Most common car type | Standard |
Average price per day | HK$541 |
Cheapest price per day | HK$331 |
At HK$331/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 78 car hire agencies operating in Iceland, there are, in total, 278 hire locations. View below for 4 offered car types:
Economy
HK$331+
Compact
HK$365+
Intermediate
HK$503+
Full-size SUV
HK$1,953+
Mini
HK$336+
Premium SUV
HK$1,605+
Compact estate car
HK$434+
Compact SUV
HK$434+
Get relevant, data-driven information to help you hire a car in Iceland, including pricing trends, ideal booking times, and more.
January
HK$306
February
HK$329
March
HK$353
April
HK$368
May
HK$416
June
HK$541
July
HK$753
August
HK$823
September
HK$470
October
HK$392
November
HK$321
December
HK$337
Avis
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Routes Car & Truck Rentals
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Go Rentals
NextCar
National
Rhodium
RAS Car Rental
Fara Car Rental
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 6 September 2026.
When hiring a car in Iceland, the most popular provider of hire cars among Cheapflights users is Budget, and with prices around HK$425/day, it’s easy to understand why. The most popular car type from Budget is MINI, which starts as low as HK$398/day.
At HK$413/day, it is 14% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for HK$343/day in Reykjavik.
Cars travel on the right side of the road in Iceland.
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$46+).
Electric
HK$47+
Hybrid
HK$46+
Petrol/Diesel
HK$51+