
Cheap Car Rentals in Iceland from RM 158
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 17/5 and drop-off date of 24/5. 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.
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 29 April 2025.
Most popular company | Ice Rental 4x4 |
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Most common car type | Standard |
Average price per day | RM 300 |
Cheapest price per day | RM 158 |
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 29 April 2025.
January
RM 187
February
RM 192
March
RM 192
April
RM 196
May
RM 200
June
RM 288
July
RM 349
August
RM 327
September
RM 226
October
RM 192
November
RM 192
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 29 April 2025.
At RM 170/day, small car is the cheapest car type available for hire in Iceland in the past week. Out of 68 car hire agencies operating in Iceland, there are, in total, 249 hire locations. View below for 3 offered car types:
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 29 April 2025.
Small cars | RM 165 - RM 437 | |
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All Car Types | RM 276 - RM 579 |
To rent a small car in Iceland, you would pay an average price of RM 244/day. November is the cheapest month to rent a small car in Iceland (~RM 165/day), while the most expensive month to rent that same car type is July (~RM 437/day). In fact, November 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 39% 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 368/day. November is the cheapest month to rent a medium car in Iceland (~RM 229/day), while the most expensive month to rent that same car type is July (~RM 575/day). In fact, November is about 38% 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 saves you 7% 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 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 602/day. March is the cheapest month to rent a large car in Iceland (~RM 430/day), while the most expensive month to rent that same car type is August (~RM 915/day). In fact, March is about 29% 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 35% 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 374/day. November is the cheapest month to rent a SUV in Iceland (~RM 243/day), while the most expensive month to rent that same car type is August (~RM 619/day). In fact, November is about 36% 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 6% 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 551/day. January is the cheapest month to rent a van in Iceland (~RM 351/day), while the most expensive month to rent that same car type is July (~RM 863/day). In fact, January is about 37% 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 29% 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 519/day. January is the cheapest month to rent a luxury car in Iceland (~RM 388/day), while the most expensive month to rent that same car type is August (~RM 988/day). In fact, January is about 26% 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 24% 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.
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 29 April 2025.
Europcar
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Hertz
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Budget
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GREEN MOTION
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Thrifty
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Ice Rental Cars
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Dollar
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Ice Rental 4x4
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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 473. Data was last updated on 29 April 2025.
Car rental FAQs
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 29 April 2025.
Which car hire company is considered to be the best in Iceland?
Taking our users’ ratings and reviews into consideration, Rent-A-Wreck (10.0 rating), Alamo (8.6 rating) and Budget (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 266/day, Ice Rental 4x4 is the most popular car hire provider in Iceland, booking 260% more hire cars than any other provider.
What is the cheapest city to get a rental car in Iceland?
At RM 326/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 187/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 265 per day. Price data was last updated on 29 April 2025.
Van rentals in Iceland
Find people carrier rental deals in Iceland from well-known providers in the area and save on gas mileage with the options provided below. people carrier rentals in Iceland cost an average of RM 744 per day. Price data was last updated on 29 April 2025.
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 29 April 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 48+).