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 17/10 and drop-off date of 31/10. 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.
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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 15 September 2026.
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 15 September 2026.
At RM 169/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 78 car hire agencies operating in Iceland, there are, in total, 278 hire locations. View below for 2 offered car types:
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 286. Data was last updated on 15 September 2026.
Honda JazzRM 169/day
Perodua AxiaRM 197/day
Honda CityRM 207/day
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 7 days before pickup. The average price then is just RM 198/day – about 242% less than the yearly average.
FLIZZR is currently the cheapest car hire company in Iceland with deals as low as RM 35.96/day found in the past two weeks. Sixt is another inexpensive option with rates as low as RM 46.81/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 158. Conversely, August is the priciest month, averaging RM 429 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 158. Conversely, August is the priciest month, averaging RM 429 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 158
February
RM 170
March
RM 182
April
RM 190
May
RM 215
June
RM 280
July
RM 389
August
RM 429
September
RM 247
October
RM 207
November
RM 170
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.
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 15 September 2026.
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 15 September 2026.
What is the most popular car hire provider in Iceland?
With an average price of RM 764/day, Europcar is the most popular car hire provider in Iceland, booking 106% more hire cars than any other provider.
What is the cheapest city to get a rental car in Iceland?
At RM 277/day, it is 19% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for RM 164/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, Hybrid cars are the cheapest to rent in Iceland. Deals were last updated on 15 September 2026.
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