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Iceland

Cheap Car Rentals in Iceland from RM 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 11/5 and drop-off date of 13/5. 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 10 April 2025.

Most popular company

Ice Rental 4x4

Most common car type

Standard

Average price per day

RM 404

Cheapest price per day

RM 233

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 10 April 2025.

January

RM 192

February

RM 196

March

RM 196

April

RM 192

May

RM 205

June

RM 294

July

RM 357

August

RM 335

September

RM 232

October

RM 192

November

RM 196

December

RM 214

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 10 April 2025.

At RM 233/day, small car 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 3 offered car types:

Economy

Economy

RM 233+

Full-size SUV

Full-size SUV

RM 1,189+

Passenger van

Passenger van

RM 807+

Premium SUV

Premium SUV

RM 996+

Intermediate SUV

Intermediate SUV

RM 399+

Compact SUV

Compact SUV

RM 725+

Luxury SUV

Luxury SUV

RM 1,234+

Standard SUV

Standard SUV

RM 1,249+

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 10 April 2025.

Small cars

RM 164 - RM 438

All Car Types

RM 282 - RM 591

To rent a small car in Iceland, you would pay an average price of RM 244/day. October is the cheapest month to rent a small car in Iceland (~RM 164/day), while the most expensive month to rent that same car type is July (~RM 438/day). In fact, October is about 34% 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. Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:

To rent a medium car in Iceland, you would pay an average price of RM 368/day. November is the cheapest month to rent a medium car in Iceland (~RM 234/day), while the most expensive month to rent that same car type is July (~RM 582/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 637/day. January is the cheapest month to rent a large car in Iceland (~RM 551/day), while the most expensive month to rent that same car type is August (~RM 937/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 380/day. March is the cheapest month to rent a SUV in Iceland (~RM 233/day), while the most expensive month to rent that same car type is August (~RM 637/day). In fact, March is about 39% 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 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.

To rent a van in Iceland, you would pay an average price of RM 566/day. January is the cheapest month to rent a van in Iceland (~RM 359/day), while the most expensive month to rent that same car type is November (~RM 988/day). In fact, January is about 37% 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 30% 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 542/day. January is the cheapest month to rent a luxury car in Iceland (~RM 397/day), while the most expensive month to rent that same car type is August (~RM 1,011/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.

Proton SagaRM 233/day
2
M
Proton Saga
Proton PersonaRM 313/day
2
M
Proton Persona

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 10 April 2025.

Europcar

8.2
Very Good
32 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.6

Overall

8.2

Pick-up/drop-off

8.1

Value

7.9

Hertz

8.0
Very Good
30 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.4

Overall

8.0

Pick-up/drop-off

7.8

Value

7.6

Budget

8.2
Very Good
12 reviews8 locations
Overview

Cleanliness

8.1

Comfort

8.2

Overall

8.2

Pick-up/drop-off

8.0

Value

7.7

GREEN MOTION

7.9
Good
3 reviews5 locations
Overview

Cleanliness

7.9

Comfort

7.9

Overall

7.9

Pick-up/drop-off

7.9

Value

8.6

Thrifty

7.6
Good
19 reviews5 locations
Overview

Cleanliness

7.6

Comfort

7.6

Overall

7.6

Pick-up/drop-off

7.0

Value

6.7

Ice Rental Cars

7.5
Good
10 reviews5 locations
Overview

Cleanliness

7.7

Comfort

7.7

Overall

7.5

Pick-up/drop-off

6.8

Value

7.7

Dollar

7.2
Good
20 reviews5 locations
Overview

Cleanliness

8.3

Comfort

7.6

Overall

7.2

Pick-up/drop-off

6.8

Value

7.1

Ice Rental 4x4

7.1
Good
11 reviews6 locations
Overview

Cleanliness

7.9

Comfort

7.5

Overall

7.1

Pick-up/drop-off

6.9

Value

7.2

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 1,113. Data was last updated on 10 April 2025.
Proton SagaRM 233/day
2
M
Proton Saga
Proton PersonaRM 313/day
2
M
Proton Persona
Toyota InnovaRM 807/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 10 April 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 cheapest city to get a rental car in Iceland?

    At RM 404/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 RM 213/day in Reykjavik.

  • 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.

Small car rentals in Iceland

Find small car rental deals in Iceland from well-known providers in the area and save on gas mileage with the options provided below. small car rentals in Iceland cost an average of RM 301 per day. Price data was last updated on 10 April 2025.
Perodua AxiaRM 271/day
2
M
A/C
Perodua Axia
Perodua MyviRM 274/day
2
M
A/C
Perodua Myvi
Perodua MyviRM 294/day
2
M
A/C
Perodua Myvi

Van rentals in Iceland

Find people carrier rental deals in Iceland from well-known providers in the area and save on gas mileage with the options provided below. people carrier rentals in Iceland cost an average of RM 1,119 per day. Price data was last updated on 10 April 2025.
Proton ExoraRM 1,119/day
5
M
A/C
Proton Exora

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 10 April 2025.

Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Hybrid being the cheapest (RM 62+).

Electric

Electric

RM 93+

Hybrid

Hybrid

RM 62+

Petrol/Diesel

Petrol/Diesel

RM 72+

Browse thousands of different options on Cheapflights for your next trip

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Airport car hires in Iceland

Hire a car at one of these airports in the Iceland area

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Free cancellation

Plans change — we get it. And that’s why you can search and book car hire on Cheapflights from agencies that offer free cancellation