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Iceland

Cheap Car Rentals in Iceland from HK$328

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 22-12 and drop-off date of 25-12. 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.
Driver's age: 26-65
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Iceland car rentals in 2024

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 12 December 2024.

Most popular company

Hertz

Most common car type

Economy

Average price per day

HK$863

Cheapest price per day

HK$328

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 12 December 2024.

January

HK$311

February

HK$349

March

HK$357

April

HK$318

May

HK$357

June

HK$536

July

HK$653

August

HK$598

September

HK$427

October

HK$334

November

HK$342

December

HK$365

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.

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 12 December 2024.

At HK$328/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 66 car hire agencies operating in Iceland, there are, in total, 244 hire locations. View below for 3 offered car types:

Economy

Economy

HK$232+

Compact

Compact

HK$290+

Intermediate

Intermediate

HK$251+

SUV

SUV

HK$515+

Full-size SUV

Full-size SUV

HK$615+

Compact estate car

Compact estate car

HK$225+

Intermediate SUV

Intermediate SUV

HK$287+

Compact SUV

Compact SUV

HK$301+

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 12 December 2024.

Small cars

HK$295 - HK$737

All Car Types

HK$406 - HK$1,071

To hire a small car in Iceland, you would pay an average price of HK$434/day. December is the cheapest month to hire a small car in Iceland (~HK$295/day), while the most expensive month to hire that same car type is August (~HK$737/day). In fact, December is about 33% 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 32% 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. Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:

To hire a medium car in Iceland, you would pay an average price of HK$524/day. January is the cheapest month to hire a medium car in Iceland (~HK$325/day), while the most expensive month to hire that same car type is August (~HK$909/day). In fact, January 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 18% 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. Here are the best Iceland medium car hire prices found by Cheapflights users in the past 7 days:

To hire a large car in Iceland, you would pay an average price of HK$1,052/day. August is the cheapest month to hire a large car in Iceland (~HK$475/day), while the most expensive month to hire that same car type is July (~HK$1,799/day). In fact, August is about 55% 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 40% 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$603/day. January is the cheapest month to hire a SUV in Iceland (~HK$468/day), while the most expensive month to hire that same car type is July (~HK$957/day). In fact, January is about 23% 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 5% 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. Here are the best Iceland SUV hire prices found by Cheapflights users in the past 7 days:

To hire a van in Iceland, you would pay an average price of HK$820/day. October is the cheapest month to hire a van in Iceland (~HK$780/day), while the most expensive month to hire that same car type is July (~HK$1,989/day). In fact, October is about 5% 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 23% 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$882/day. August is the cheapest month to hire a luxury car in Iceland (~HK$475/day), while the most expensive month to hire that same car type is July (~HK$1,956/day). In fact, August is about 47% 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 29% 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.

Hyundai i20HK$328/day
4
M
Hyundai i20

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 12 December 2024.
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.

keddy by Europcar

21 locations

Sunnycars

19 locations

Europcar

17 locations

Hertz

17 locations

Avis

8 locations

Budget

8 locations

Firefly

7 locations

Fair Car

6 locations

Best Iceland car rental deals found

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$408. Data was last updated on 12 December 2024.
Browse some of the deals we've come across on car rentals in the Iceland region, including options close to Reykjavik, Isafjordur and Akureyri. Come back soon if you don't find what you're looking for as deals are updated often.
Hyundai i20HK$328/day
4
M
Hyundai i20
Toyota CamryHK$380/day
5
M
A/C
Toyota Camry
Toyota RAV4HK$515/day
2
M
A/C
Toyota RAV4

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 12 December 2024.
  • Which car hire company is considered to be the best in Iceland?

    Taking our users’ ratings and reviews into consideration, Alamo (8.5 rating), Budget (8.2 rating) and Europcar (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 GREEN MOTION , and with prices around HK$1,302/day, it’s easy to understand why. The most popular car type from GREEN MOTION is PASSENGER_VAN, which starts as low as HK$1,288/day.

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

    At HK$906/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$903/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, Hybrid cars are the cheapest to rent in Iceland. Deals were last updated on 12 December 2024.

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$30+).

Electric

Electric

HK$55+

Hybrid

Hybrid

HK$30+

Petrol/Diesel

Petrol/Diesel

HK$35+

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