Reykjavik

Cheap Car Rentals in Reykjavik from RM 252

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 27/6 and drop-off date of 5/7. 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.
Driver's age: 25-65
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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 3 June 2026.

Most popular company

ICERENTAL4X4

Price of petrol per litre

RM 7.22

Average price per day

RM 241

Cheapest price per day

RM 252

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 3 June 2026.

At RM 252/day, small car is the cheapest car type available for hire in Reykjavik in the past week. Out of 44 car hire agencies operating in Reykjavik, there are, in total, 96 hire locations. View below for 3 offered car types:

Economy

Economy

RM 252+

Compact

Compact

RM 343+

Intermediate

Intermediate

RM 485+

Premium SUV

Premium SUV

RM 919+

Compact SUV

Compact SUV

RM 363+

Compact estate car

Compact estate car

RM 367+

Intermediate SUV

Intermediate SUV

RM 424+

Luxury SUV

Luxury SUV

RM 674+

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 446. Data was last updated on 3 June 2026.
Hyundai MatrixRM 252/day
2
M
Hyundai Matrix
Toyota Yaris Sedan/ViosRM 287/day
2
M
Toyota Yaris Sedan/Vios
Hyundai MatrixRM 305/day
2
M
A/C
Hyundai Matrix

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 66 days before your pickup date to maximise your savings. Car hire prices are around RM 210/day on average when booked 66 days ahead, which saves you 272% off the average price.

What is the cheapest car hire company in Reykjavik?

Fair Car is currently the cheapest car hire company in Reykjavik with deals as low as RM 37.51/day found in the past two weeks. Alamo is another inexpensive option with rates as low as RM 72.88/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 9.6/10 with 12 reviews). Thrifty (rated 8.6/10 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 155/day on average. The most expensive month to hire a car in Reykjavik is July (RM 388/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 155

February

RM 166

March

RM 178

April

RM 186

May

RM 214

June

RM 277

July

RM 388

August

RM 376

September

RM 222

October

RM 186

November

RM 162

December

RM 170

What car do most people hire in Reykjavik?

SUV cars (Kia Sportage or similar) are the most popular option for those visiting Reykjavik. Economy cars (Kia Stonic or similar) are also a popular choice, followed by Compact cars (Suzuki Vitara or similar).

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 3 June 2026.

Europcar

9.6
Wonderful
12 reviews5 locations
Overview

Cleanliness

9.2

Comfort

9.6

Overall

9.6

Pick-up/drop-off

9.5

Value

9.6

Thrifty

8.6
Very Good
1 review2 locations
Overview

Cleanliness

9.5

Comfort

9.1

Overall

8.6

Pick-up/drop-off

8.1

Value

8.2

Avis

2 locations
Overview

Cleanliness

10.0

Comfort

6.0

Overall

8.0

Pick-up/drop-off

8.0

Value

4.0

Rent A Tesla Iceland

2 locations

TOURING

1 location

RAS Car Rental

2 locations

Route 1 Car Rental

2 locations

Final Rentals

1 location

Car rental FAQs

Find answers to frequently asked questions about car rentals in Reykjavik, including policies, requirements, and more. FAQs were last updated on 3 June 2026.
  • What is the cheapest hire car found in Reykjavik?

    In the past two weeks, Cheapflights users have found many deals under RM 241/day when booking a car hire in Reykjavik. The absolute best deal a user found was for RM 120/day from Northern Lights, booked on Jun. 1.

  • 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 1,114 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 4,773. You can find car rental deals for RM 159 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 Economy is your cheapest option if you’re looking to save money on your weekend car hire in Reykjavik. For the month of July, Cheapflights users have found hire cars in Reykjavik for as low as RM 354/day.

Car rentals by fuel type in Reykjavik

Browse car rentals by fuel type in Reykjavik. Currently, Petrol/Diesel cars are the cheapest to rent in Reykjavik. Deals were last updated on 3 June 2026.

Browse through car rental deals by fuel type in Reykjavik. There are currently 3 fuel types to choose from with Petrol/Diesel being the cheapest (RM 66+).

Electric

Electric

RM 78+

Hybrid

Hybrid

RM 92+

Petrol/Diesel

Petrol/Diesel

RM 66+

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