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Iceland

Cheap Car Hire in Iceland from R1 287

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 6/5 and drop-off date of 8/5. 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.
Driver's age: 26-65
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Iceland car hires in 2025

Get helpful information to start your search for the perfect car hire in Iceland. The average price data is based on the last 12 months and was last updated on 7 April 2025.

Most common car type

Compact

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 7 April 2025.

January

R821

February

R840

March

R840

April

R821

May

R878

June

R1 261

July

R1 528

August

R1 433

September

R993

October

R821

November

R840

December

R917

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.

Compare available car types for rental in Iceland

Compare and contrast the various car types offered for hire 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 7 April 2025.

Small cars

R489 - R1 642

All Car Types

R645 - R2 227

To hire a small car in Iceland, you would pay an average price of R863/day. March is the cheapest month to hire a small car in Iceland (~R489/day), while the most expensive month to rent that same car type is August (~R1 642/day). In fact, March is about 44% 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, renting a small car saves you 20% 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 R1 252/day. February is the cheapest month to hire a medium car in Iceland (~R705/day), while the most expensive month to rent that same car type is August (~R2 532/day). In fact, February is about 44% 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, renting a medium car is 14% 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 R1 090/day. February is the cheapest month to hire a SUV in Iceland (~R690/day), while the most expensive month to rent that same car type is August (~R2 609/day). In fact, February is about 37% 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, renting a SUV is 2% 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 hire agencies in Iceland known for their outstanding service and extensive range of vehicles to choose from. There are currently 8 car hire companies in Iceland. Reviews were last updated on 7 April 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 hire FAQs

Find answers to frequently asked questions about car hires in Iceland, including policies, requirements, and more. FAQs were last updated on 7 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 side of the road do you drive on in Iceland?

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

Small car hires in Iceland

Find small car hire deals in Iceland from well-known providers in the area and save on gas mileage with the options provided below. small car hires in Iceland cost an average of R1 287 per day. Price data was last updated on 7 April 2025.
Suzuki SwiftR1 287/day
2
M
A/C
Suzuki Swift

Car hires by fuel type in Iceland

Browse car hires by fuel type in Iceland. Currently, Petrol/Diesel cars are the cheapest to rent in Iceland. Deals were last updated on 7 April 2025.

Browse through car hire deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Petrol/Diesel being the cheapest (R66+).

Electric

Electric

Hybrid

Hybrid

Petrol/Diesel

Petrol/Diesel

Browse thousands of different options on Cheapflights for your next trip

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Airport car hires in Iceland

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Free Cancellation

Plans change — we get it. And that’s why you can search and book car hire on Cheapflights from agencies that offer free cancellation