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Iceland

Cheap Car Rentals in Iceland from RM 137

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 11/3 and drop-off date of 19/3. 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 18 December 2024.

Most popular company

Ice Rental 4x4

Most common car type

Compact

Average price per day

RM 269

Cheapest price per day

RM 137

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 18 December 2024.

January

RM 178

February

RM 200

March

RM 205

April

RM 182

May

RM 205

June

RM 307

July

RM 370

August

RM 343

September

RM 245

October

RM 191

November

RM 196

December

RM 209

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 18 December 2024.

At RM 137/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

RM 137+

Compact

Compact

RM 158+

Intermediate

Intermediate

RM 140+

Full-size SUV

Full-size SUV

RM 429+

Passenger van

Passenger van

RM 679+

Compact estate car

Compact estate car

RM 134+

Compact SUV

Compact SUV

RM 137+

Intermediate SUV

Intermediate SUV

RM 157+

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 18 December 2024.

Small cars

RM 159 - RM 386

All Car Types

RM 250 - RM 563

To rent a small car in Iceland, you would pay an average price of RM 234/day. October is the cheapest month to rent a small car in Iceland (~RM 159/day), while the most expensive month to rent that same car type is July (~RM 386/day). In fact, October is about 33% 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 34% 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 357/day. December 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 619/day). In fact, December is about 36% 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 is 1% 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 medium car hire prices found by Cheapflights users in the past 7 days:

To rent a large car in Iceland, you would pay an average price of RM 596/day. March is the cheapest month to rent a large car in Iceland (~RM 392/day), while the most expensive month to rent that same car type is August (~RM 1,009/day). In fact, March is about 35% 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 41% 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 346/day. April is the cheapest month to rent a SUV in Iceland (~RM 186/day), while the most expensive month to rent that same car type is August (~RM 655/day). In fact, April is about 47% 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 3% 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 598/day. December is the cheapest month to rent a van in Iceland (~RM 280/day), while the most expensive month to rent that same car type is May (~RM 894/day). In fact, December is about 54% 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 41% 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 473/day. January is the cheapest month to rent a luxury car in Iceland (~RM 452/day), while the most expensive month to rent that same car type is August (~RM 1,009/day). In fact, January is about 5% 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 25% 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 137/day
2
M
A/C
Proton Saga
Proton PersonaRM 143/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 18 December 2024.

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 RM 248. Data was last updated on 18 December 2024.
Proton SagaRM 137/day
2
M
A/C
Proton Saga
Honda CivicRM 140/day
5
M
A/C
Honda Civic
Proton PersonaRM 143/day
2
M
Proton Persona

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 18 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?

    With an average price of RM 564/day, Europcar is the most popular car hire provider in Iceland, booking 233% more hire cars than any other provider.

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

    At RM 195/day, it is 16% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for RM 178/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 222 per day. Price data was last updated on 18 December 2024.
Perodua MyviRM 176/day
2
M
A/C
Perodua Myvi
Perodua AxiaRM 178/day
2
M
Perodua Axia
Perodua AxiaRM 185/day
2
M
Perodua Axia

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 18 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 (RM 30+).

Electric

Electric

RM 51+

Hybrid

Hybrid

RM 30+

Petrol/Diesel

Petrol/Diesel

RM 32+

Browse thousands of different options on Cheapflights for your next trip

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Airport car hires in Iceland

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