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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 April 15, 2025.

Most popular company

Europcar

Most common car type

Compact

Average price per day

₱7,292

Cheapest price per day

₱7,292

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 April 15, 2025.

January

₱2,450

February

₱2,507

March

₱2,507

April

₱2,507

May

₱2,621

June

₱3,704

July

₱4,559

August

₱4,217

September

₱2,963

October

₱2,507

November

₱2,507

December

₱2,735

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 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 April 15, 2025.

Small cars

₱1,816 - ₱4,319

All Car Types

₱2,877 - ₱12,254

To rent a small car in Iceland, you would pay an average price of ₱2,336/day. December is the cheapest month to rent a small car in Iceland (~₱1,816/day), while the most expensive month to rent that same car type is August (~₱4,319/day). In fact, December is about 23% 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 52% 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 medium car in Iceland, you would pay an average price of ₱3,180/day. November is the cheapest month to rent a medium car in Iceland (~₱2,480/day), while the most expensive month to rent that same car type is August (~₱6,241/day). In fact, November is about 23% 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 34% 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 SUV in Iceland, you would pay an average price of ₱3,701/day. January is the cheapest month to rent a SUV in Iceland (~₱2,539/day), while the most expensive month to rent that same car type is June (~₱6,489/day). In fact, January is about 32% 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 23% 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.

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 April 15, 2025.

Europcar

8.2
Very good
32 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.6

Overall

8.2

Pick-up/drop-off

8.1

Value

7.9

Hertz

8.0
Very good
30 reviews17 locations
Overview

Cleanliness

8.6

Comfort

8.4

Overall

8.0

Pick-up/drop-off

7.8

Value

7.6

Budget

8.2
Very good
12 reviews8 locations
Overview

Cleanliness

8.1

Comfort

8.2

Overall

8.2

Pick-up/drop-off

8.0

Value

7.7

GREEN MOTION

7.9
Good
3 reviews5 locations
Overview

Cleanliness

7.9

Comfort

7.9

Overall

7.9

Pick-up/drop-off

7.9

Value

8.6

Thrifty

7.6
Good
19 reviews5 locations
Overview

Cleanliness

7.6

Comfort

7.6

Overall

7.6

Pick-up/drop-off

7.0

Value

6.7

Ice Rental Cars

7.5
Good
10 reviews5 locations
Overview

Cleanliness

7.7

Comfort

7.7

Overall

7.5

Pick-up/drop-off

6.8

Value

7.7

Dollar

7.2
Good
20 reviews5 locations
Overview

Cleanliness

8.3

Comfort

7.6

Overall

7.2

Pick-up/drop-off

6.8

Value

7.1

Ice Rental 4x4

7.1
Good
11 reviews6 locations
Overview

Cleanliness

7.9

Comfort

7.5

Overall

7.1

Pick-up/drop-off

6.9

Value

7.2

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on April 15, 2025.
  • Which car rental 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 rental car companies in Iceland.

  • What is the most popular car rental provider in Iceland?

    When renting a car in Iceland, the most popular provider of rental cars among Cheapflights users is Europcar, and with prices around ₱7,320/day, it’s easy to understand why. The most popular car type from Europcar is PASSENGER_VAN, which starts as low as ₱7,292/day.

  • 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 ₱7,292/day (0% less than the country average). The absolute cheapest rental car price in Iceland was found in Reykjavik for just ₱7,292/day.

  • 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.

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