Iceland

Cheap Car Rentals in Iceland from RM 203

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 11/9 and drop-off date of 18/9. 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: 25-65
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Iceland car rentals in 2026

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 23 June 2026.

Most popular company

Ice Rental 4x4

Most common car type

Intermediate

Average price per day

RM 263

Cheapest price per day

RM 203

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 23 June 2026.

At RM 203/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 77 car hire agencies operating in Iceland, there are, in total, 275 hire locations. View below for 2 offered car types:

Economy

Economy

RM 203+

Compact

Compact

RM 234+

Full-size SUV

Full-size SUV

RM 801+

Compact estate car

Compact estate car

RM 192+

Compact SUV

Compact SUV

RM 285+

Intermediate estate car

Intermediate estate car

RM 347+

Intermediate SUV

Intermediate SUV

RM 356+

Best car rental deals found in Iceland

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 337. Data was last updated on 23 June 2026.
Perodua BezzaRM 203/day
2
M
A/C
Perodua Bezza
Proton PersonaRM 222/day
2
M
Proton Persona
Hyundai i20RM 234/day
4
M
A/C
Hyundai i20

Cheapflights insights for Iceland car rentals

Get relevant, data-driven information to help you hire a car in Iceland, including pricing trends, ideal booking times, and more.

How far in advance should I hire a car in Iceland?

For the best savings on car hire in Iceland, make your reservation 66 days before pickup. The average price then is just RM 212/day – about 276% less than the yearly average.

What is the cheapest car hire company in Iceland?

Fair Car is currently the cheapest car hire company in Iceland with deals as low as RM 37.51/day found in the past two weeks. Dollar is another inexpensive option with rates as low as RM 65.03/day.

What is the cheapest month to rent a car in Iceland?

At Iceland, the best time to rent a car is at January, with an average daily rate of just RM 162. Conversely, July is the priciest month, averaging RM 402 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Iceland, the best time to rent a car is in January, with an average daily rate of just RM 162. Conversely, July is the priciest month, averaging RM 402 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

RM 162

February

RM 174

March

RM 187

April

RM 195

May

RM 220

June

RM 286

July

RM 402

August

RM 398

September

RM 232

October

RM 195

November

RM 166

December

RM 174

Which car hire company has the most locations in Iceland?

Avis has 8 locations throughout the area, more than any other company. NextCar has the second-highest number of locations in Iceland at 1.

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 23 June 2026.

Routes Car & Truck Rentals

5.7
Fair
11 reviews1 location
Overview

Cleanliness

6.7

Comfort

5.4

Overall

5.7

Pick-up/drop-off

5.1

Value

6.1

Go Rentals

1 location

Avis

8 locations

NextCar

1 location

National

3 locations

Rhodium

1 location

RAS Car Rental

4 locations

Fara Car Rental

2 locations

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 23 June 2026.
  • What is the most popular car hire provider in Iceland?

    With an average price of RM 1,045/day, Hertz is the most popular car hire provider in Iceland, booking 118% more hire cars than any other provider.

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

    At RM 287/day, it is 20% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for RM 166/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.

Car rentals by fuel type in Iceland

Browse car rentals by fuel type in Iceland. Currently, Electric cars are the cheapest to rent in Iceland. Deals were last updated on 23 June 2026.

Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Electric being the cheapest (RM 35+).

Electric

Electric

RM 35+

Hybrid

Hybrid

RM 53+

Petrol/Diesel

Petrol/Diesel

RM 51+

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