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Cheap Car Rentals in Iceland from RM 119
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 1/12 and drop-off date of 5/12. 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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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 12 September 2025.
Most popular company | Ice Rental 4x4 |
|---|---|
Most common car type | Standard |
Average price per day | RM 196 |
Cheapest price per day | RM 119 |
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 12 September 2025.
At RM 119/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 70 car hire agencies operating in Iceland, there are, in total, 257 hire locations. View below for 3 offered car types:
Economy
RM 139+
Compact
RM 285+
Intermediate
RM 206+
Full-size SUV
RM 725+
Mini
RM 119+
Premium SUV
RM 713+
Compact estate car
RM 152+
Compact SUV
RM 177+
Compare car rental deals in Iceland by type
Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:
Here are the best Iceland medium car hire prices found by Cheapflights users in the past 7 days:
Here are the best Iceland SUV hire prices found by Cheapflights users in the past 7 days:
Perodua AxiaRM 119/day
2
M
A/C
Perodua BezzaRM 139/day
2
M
Proton PersonaRM 150/day
2
M
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 309. Data was last updated on 12 September 2025.
Perodua AxiaRM 119/day
2
M
A/C
Perodua BezzaRM 139/day
2
M
Proton PersonaRM 150/day
2
M
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 203/day – about 260% less than the yearly average.
What is the cheapest car hire company in Iceland?
Ice Rental 4x4 is currently the cheapest car hire company in Iceland with deals as low as RM 116.53/day found in the past two weeks. Fair Car is another inexpensive option with rates as low as RM 122.73/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 181. Conversely, July is the priciest month, averaging RM 401 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 181. Conversely, July is the priciest month, averaging RM 401 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 181
February
RM 186
March
RM 186
April
RM 190
May
RM 207
June
RM 295
July
RM 401
August
RM 371
September
RM 228
October
RM 203
November
RM 190
December
RM 203
What car do most people hire in Iceland?
The most popular types of cars to hire in Iceland are the following: SUV cars (Suzuki Vitara or similar), Passenger van cars (Volkswagen Caddy or similar), and Economy cars (Toyota Yaris or similar).
Which car hire company has the most locations in Iceland?
keddy by Europcar has 21 locations throughout the area, more than any other company. Sunnycars has the second-highest number of locations in Iceland at 19.
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 12 September 2025.
Europcar
33 reviews•17 locations
Hertz
29 reviews•16 locations
Budget
14 reviews•8 locations
Thrifty
22 reviews•8 locations
Dollar
20 reviews•8 locations
Ice Rental 4x4
11 reviews•6 locations
Ice Rental Cars
10 reviews•5 locations
Avis
8 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 12 September 2025.
What is the most popular car hire provider in Iceland?
With an average price of RM 179/day, Ice Rental 4x4 is the most popular car hire provider in Iceland, booking 294% more hire cars than any other provider.
What is the cheapest city to get a rental car in Iceland?
At RM 194/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 161/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 12 September 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 37+).
Electric
RM 60+
Hybrid
RM 37+
Petrol/Diesel
RM 44+