Cheap Car Rentals in Reykjavik from RM 159
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 Reykjavik with a pick-up date of 6/12 and drop-off date of 13/12. 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.
Reykjavik car rentals in 2026
Get helpful information to start your search for the perfect car rental in Reykjavik. The average price data is based on the last 12 months and was last updated on 7 October 2026.
Most popular company | ICERENTAL4X4 |
|---|---|
Price of petrol per litre | RM 9.19 |
Average price per day | RM 305 |
Cheapest price per day | RM 159 |
Popular car types in Reykjavik
Explore the most popular car models available for rent in Reykjavik and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 7 October 2026.
At RM 149/day, small car is the cheapest car type available for hire in Reykjavik in the past week. Out of 45 car hire agencies operating in Reykjavik, there are, in total, 96 hire locations. View below for 3 offered car types:
Economy
RM 159+
Compact
RM 187+
Full-size SUV
RM 605+
Mini
RM 149+
Passenger van
RM 624+
Compact estate car
RM 205+
Compact SUV
RM 226+
Intermediate SUV
RM 262+
Best car rental deals found in Reykjavik
Browse through a selection of recently found affordable car rental deals in Reykjavik. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Reykjavik with an average daily rate of RM 359. Data was last updated on 7 October 2026.
Cheapflights insights for Reykjavik car rentals
Get relevant, data-driven information to help you hire a car in Reykjavik, including pricing trends, ideal booking times, and more.
How far in advance should I hire a car in Reykjavik?
Book your car hire in Reykjavik 7 days before your pickup date to maximise your savings. Car hire prices are around RM 204/day on average when booked 7 days ahead, which saves you 247% off the average price.
What is the cheapest car hire company in Reykjavik?
Budget is currently the cheapest car hire company in Reykjavik with deals as low as RM 36.46/day found in the past two weeks. Thrifty is another inexpensive option with rates as low as RM 38.88/day.
What is the best car rental company in Reykjavik?
Based on Cheapflights user feedback, the highest-rated car rental company in Reykjavik is Europcar (rated 9.5/10 with 11 reviews). Thrifty (rated 8.8/10 with 1 review) is also highly rated by our users.
What is the cheapest month to rent a car in Reykjavik?
The cheapest month to hire a car in Reykjavik is January, when you can expect to pay RM 163/day on average. The most expensive month to hire a car in Reykjavik is August (RM 429/day on average). The average daily car hire price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you hire.
January
RM 163
February
RM 176
March
RM 188
April
RM 192
May
RM 221
June
RM 282
July
RM 392
August
RM 429
September
RM 257
October
RM 221
November
RM 180
December
RM 184
Which car hire company has the most locations in Reykjavik?
In Reykjavik, Avis, RAS Car Rental, and Route 1 Car Rental have 2 locations, more than any other rental company in the area.
Top rental agencies in Reykjavik
Explore the leading car rental agencies in Reykjavik known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car rental companies in Reykjavik. Reviews were last updated on 7 October 2026.
Europcar
Overview
Cleanliness
Comfort
Overall
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Value
Recent reviews
Europcar Locations in Reykjavik
Thrifty
Overview
Cleanliness
Comfort
Overall
Pick-up/drop-off
Value
Thrifty Locations in Reykjavik
Avis
Overview
Cleanliness
Comfort
Overall
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Value
Avis Locations in Reykjavik
Fair Car
Overview
Cleanliness
Comfort
Overall
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Fair Car Locations in Reykjavik
Rent A Tesla Iceland
Rent A Tesla Iceland Locations in Reykjavik
TOURING
TOURING Locations in Reykjavik
RAS Car Rental
RAS Car Rental Locations in Reykjavik
Route 1 Car Rental
Route 1 Car Rental Locations in Reykjavik
Car rental FAQs
Find answers to frequently asked questions about car rentals in Reykjavik, including policies, requirements, and more. FAQs were last updated on 7 October 2026.
What is the cheapest hire car found in Reykjavik?
In the past two weeks, Cheapflights users have found many deals under RM 305/day when booking a car hire in Reykjavik. The absolute best deal a user found was for RM 152/day from Northern Lights, booked on Oct. 3.
How much does it cost to hire a car in Reykjavik for a week from Ice Rental 4x4?
From Ice Rental 4x4 you can hire a car in Reykjavik from about RM 970 per week on average.
Can I rent a car for a month in Reykjavik?
Yes, you can rent a car for a month in Reykjavik check Cheapflights for the latest prices and car type availability.
How much does it cost to rent a car in Reykjavik for a month?
Typically, a monthly car rental in Reykjavik can be found for RM 4,159. You can find car rental deals for RM 139 a day on average.
How much is a car hire in Reykjavik for a weekend?
The average price for a weekend car hire in Reykjavik is RM 0. Hiring a Mini is your cheapest option if you’re looking to save money on your weekend car hire in Reykjavik. For the month of November, Cheapflights users have found hire cars in Reykjavik for as low as RM 200/day.
Car rentals by fuel type in Reykjavik
Browse car rentals by fuel type in Reykjavik. Currently, Electric cars are the cheapest to rent in Reykjavik. Deals were last updated on 7 October 2026.
Browse through car rental deals by fuel type in Reykjavik. There are currently 3 fuel types to choose from with Electric being the cheapest (RM 50+).
Electric
RM 50+
Hybrid
RM 63+
Petrol/Diesel
RM 62+