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Iceland

Cheap Car Rentals in Iceland from RM 1,115

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 25/4 and drop-off date of 27/4. 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 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 March 2025.

Most popular company

Europcar

Most common car type

Standard

Average price per day

RM 377

Cheapest price per day

RM 1,115

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 March 2025.

January

RM 190

February

RM 194

March

RM 194

April

RM 186

May

RM 199

June

RM 292

July

RM 354

August

RM 332

September

RM 230

October

RM 190

November

RM 194

December

RM 212

Currently, the cheapest month to rent a car in Iceland is April. 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 25 March 2025.

At RM 1,115/day, van is the cheapest car type available for hire in Iceland in the past week. Out of 68 car hire agencies operating in Iceland, there are, in total, 245 hire locations. View below for 2 offered car types:

Passenger van

Passenger van

RM 1,115+

Premium SUV

Premium SUV

RM 1,131+

Intermediate SUV

Intermediate SUV

RM 446+

Luxury SUV

Luxury SUV

RM 1,185+

Standard SUV

Standard SUV

RM 1,224+

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 March 2025.

Small cars

RM 158 - RM 437

All Car Types

RM 280 - RM 582

To rent a small car in Iceland, you would pay an average price of RM 243/day. October is the cheapest month to rent a small car in Iceland (~RM 158/day), while the most expensive month to rent that same car type is July (~RM 437/day). In fact, October is about 36% cheaper than prices during the rest of the year to book a small car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a small car saves you 39% 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 rent a medium car in Iceland, you would pay an average price of RM 367/day. November is the cheapest month to rent a medium car in Iceland (~RM 232/day), while the most expensive month to rent that same car type is July (~RM 579/day). In fact, November is about 37% cheaper than prices during the rest of the year to book a medium car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a medium car saves you 8% 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 rent a large car in Iceland, you would pay an average price of RM 631/day. January is the cheapest month to rent a large car in Iceland (~RM 547/day), while the most expensive month to rent that same car type is August (~RM 929/day). In fact, January is about 14% cheaper than prices during the rest of the year to book a large car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a large car is 38% 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 rent a SUV in Iceland, you would pay an average price of RM 375/day. March is the cheapest month to rent a SUV in Iceland (~RM 244/day), while the most expensive month to rent that same car type is August (~RM 631/day). In fact, March is about 36% cheaper than prices during the rest of the year to book a SUV rental for Iceland. When comparing with other car types available for rental in Iceland, renting a SUV saves you 6% 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 rent a van in Iceland, you would pay an average price of RM 641/day. January is the cheapest month to rent a van in Iceland (~RM 356/day), while the most expensive month to rent that same car type is November (~RM 979/day). In fact, January is about 45% cheaper than prices during the rest of the year to book a van rental for Iceland. When comparing with other car types available for rental in Iceland, renting a van is 39% 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. Here are the best Iceland van hire prices found by Cheapflights users in the past 7 days:

To rent a luxury car in Iceland, you would pay an average price of RM 538/day. January is the cheapest month to rent a luxury car in Iceland (~RM 393/day), while the most expensive month to rent that same car type is August (~RM 1,003/day). In fact, January is about 27% cheaper than prices during the rest of the year to book a luxury car rental for Iceland. When comparing with other car types available for rental in Iceland, renting a luxury car is 27% 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 March 2025.

keddy by Europcar

21 locations

Sunnycars

19 locations

Europcar

17 locations

Hertz

17 locations

Avis

8 locations

Budget

8 locations

Firefly

7 locations

Ice Rental 4x4

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 RM 1,376. Data was last updated on 25 March 2025.
Hyundai H-1RM 1,115/day
5
M
A/C
Hyundai H-1
Hyundai Santa FeRM 1,131/day
5
M
A/C
Hyundai Santa Fe
Toyota InnovaRM 1,180/day
5
M
A/C
Toyota Innova

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 March 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?

    With an average price of RM 186/day, Ice Rental 4x4 is the most popular car hire provider in Iceland, booking 119% more hire cars than any other provider.

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

    At RM 186/day, it is 36% cheaper on average to rent a car in Keflavik than any other city in Iceland. The cheapest price found in Iceland was for RM 176/day in Keflavik.

  • What side of the road do you drive on in Iceland?

    Cars in Iceland are to be driven on the right side of the road.

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 25 March 2025.

Browse through car rental deals by fuel type in Iceland. There are currently 2 fuel types to choose from with Hybrid being the cheapest (RM 82+).

Hybrid

Hybrid

RM 82+

Petrol/Diesel

Petrol/Diesel

RM 252+

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