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Iceland

Cheap Car Rentals in Iceland

Driver's age: 26-65
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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 14 March 2025.

Most popular company

Alamo

Most common car type

Luxury

Average price per day

฿1,327

Cheapest price per day

฿1,280

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 14 March 2025.

January

฿1,450

February

฿1,484

March

฿1,484

April

฿1,383

May

฿1,518

June

฿2,227

July

฿2,733

August

฿2,530

September

฿1,754

October

฿1,450

November

฿1,484

December

฿1,619

Currently, the cheapest month to rent a car in Iceland is April. 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.

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 14 March 2025.

Small cars

฿1,374 - ฿4,049

All Car Types

฿1,553 - ฿4,279

To hire a small car in Iceland, you would pay an average price of ฿1,625/day. March is the cheapest month to hire a small car in Iceland (~฿1,374/day), while the most expensive month to hire that same car type is July (~฿4,049/day). In fact, March is about 16% cheaper than prices during the rest of the year to book a small car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a small car saves you 31% 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 hire a medium car in Iceland, you would pay an average price of ฿2,001/day. March is the cheapest month to hire a medium car in Iceland (~฿1,540/day), while the most expensive month to hire that same car type is July (~฿4,165/day). In fact, March is about 24% cheaper than prices during the rest of the year to book a medium car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a medium car saves you 15% 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 hire a large car in Iceland, you would pay an average price of ฿2,515/day. February is the cheapest month to hire a large car in Iceland (~฿3,398/day), while the most expensive month to hire that same car type is March (~฿7,003/day). In fact, February is about 35% cheaper than prices during the rest of the year to book a large car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a large car is 8% 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 hire a SUV in Iceland, you would pay an average price of ฿2,228/day. March is the cheapest month to hire a SUV in Iceland (~฿1,693/day), while the most expensive month to hire that same car type is July (~฿4,076/day). In fact, March is about 25% cheaper than prices during the rest of the year to book a SUV hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a SUV saves you 5% 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 hire a van in Iceland, you would pay an average price of ฿3,044/day. April is the cheapest month to hire a van in Iceland (~฿2,330/day), while the most expensive month to hire that same car type is October (~฿7,758/day). In fact, April is about 24% cheaper than prices during the rest of the year to book a van hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a van 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 14 March 2025.

keddy by Europcar

21 locations

Sunnycars

19 locations

Europcar

17 locations

Hertz

17 locations

Avis

8 locations

Budget

8 locations

Firefly

7 locations

Ice Rental 4x4

6 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 14 March 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 cheapest city to get a rental car in Iceland?

    When visiting Iceland, it is typically cheapest to rent your car in Reykjavik where rental cars typically will cost around ฿1,327/day (0% less than the country average). The absolute cheapest rental car price in Iceland was found in Reykjavik for just ฿1,250/day.

  • What side of the road do you drive on in Iceland?

    In Iceland, drivers are expected to drive on the right side of the road.

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