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 29 August 2026.
Most popular company | Ice Rental 4x4 |
|---|---|
Most common car type | Intermediate |
Average price per day | RM 269 |
Cheapest price per day | RM 174 |
At RM 174/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 3 offered car types:
Economy
RM 174+
Compact
RM 208+
Full-size SUV
RM 757+
Passenger van
RM 749+
Compact SUV
RM 226+
Compact estate car
RM 240+
Intermediate SUV
RM 279+
Get relevant, data-driven information to help you hire a car in Iceland, including pricing trends, ideal booking times, and more.
January
RM 157
February
RM 169
March
RM 181
April
RM 189
May
RM 213
June
RM 274
July
RM 386
August
RM 423
September
RM 237
October
RM 197
November
RM 161
December
RM 169
Avis
Cleanliness
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Value
Routes Car & Truck Rentals
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Go Rentals
NextCar
National
Rhodium
RAS Car Rental
Fara Car Rental
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 29 August 2026.
With an average price of RM 312/day, Ace is the most popular car hire provider in Iceland, booking 67% more hire cars than any other provider.
At RM 278/day, it is 18% cheaper on average to rent a car in Reykjavik than any other city in Iceland. The cheapest price found in Iceland was for RM 162/day in Reykjavik.
Cars in Iceland are to be driven on the right side of the road.
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 43+).
Electric
RM 48+
Hybrid
RM 43+
Petrol/Diesel
RM 50+