Cheap Car Rentals in Iceland from HK$1,025
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 24-6 and drop-off date of 28-6. 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.
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 22 March 2025.
Most popular company | Ice Rental 4x4 |
|---|---|
Most common car type | Intermediate |
Average price per day | HK$458 |
Cheapest price per day | HK$1,025 |
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 22 March 2025.
January
HK$334
February
HK$342
March
HK$342
April
HK$318
May
HK$349
June
HK$513
July
HK$621
August
HK$582
September
HK$404
October
HK$334
November
HK$342
December
HK$373
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 22 March 2025.
Small cars | HK$286 - HK$737 | |
|---|---|---|
All Car Types | HK$512 - HK$1,069 |
To hire a small car in Iceland, you would pay an average price of HK$434/day. December is the cheapest month to hire a small car in Iceland (~HK$286/day), while the most expensive month to hire that same car type is August (~HK$737/day). In fact, December is about 35% 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 38% 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 HK$561/day. May is the cheapest month to hire a medium car in Iceland (~HK$347/day), while the most expensive month to hire that same car type is August (~HK$952/day). In fact, May is about 39% 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 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 large car in Iceland, you would pay an average price of HK$1,225/day. January is the cheapest month to hire a large car in Iceland (~HK$533/day), while the most expensive month to hire that same car type is July (~HK$1,799/day). In fact, January is about 57% 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 44% 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 HK$627/day. January is the cheapest month to hire a SUV in Iceland (~HK$419/day), while the most expensive month to hire that same car type is July (~HK$973/day). In fact, January is about 34% 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 10% 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 HK$1,075/day. October is the cheapest month to hire a van in Iceland (~HK$780/day), while the most expensive month to hire that same car type is July (~HK$1,989/day). In fact, October is about 28% 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 36% 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 luxury car in Iceland, you would pay an average price of HK$1,256/day. June is the cheapest month to hire a luxury car in Iceland (~HK$860/day), while the most expensive month to hire that same car type is December (~HK$2,167/day). In fact, June is about 32% cheaper than prices during the rest of the year to book a luxury car hire for Iceland. When comparing with other car types available for hire in Iceland, hiring a luxury car is 45% 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 22 March 2025.
Have a look at the top rental car agencies available in Iceland, including those that serve Reykjavik, Isafjordur and Akureyri. Browse through some of the top rental car agencies in Iceland, including locations around Reykjavik, Isafjordur and Akureyri.
keddy by Europcar
Sunnycars
Europcar
Hertz
Avis
Budget
Firefly
Ice Rental 4x4
Car rental FAQs
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 22 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 most popular car hire provider in Iceland?
When hiring a car in Iceland, the most popular provider of hire cars among Cheapflights users is Europcar, and with prices around HK$633/day, it’s easy to understand why. The most popular car type from Europcar is COMPACT, which starts as low as HK$615/day.
What is the cheapest city to get a rental car in Iceland?
At HK$286/day, it is 26% cheaper on average to rent a car in Keflavik than any other city in Iceland. The cheapest price found in Iceland was for HK$258/day in Keflavik.
What side of the road do you drive on in Iceland?
Cars travel on the right side of the road in Iceland.
Small car rentals in Iceland
Find small car rental 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 HK$1,025 per day. Price data was last updated on 22 March 2025.
Car rentals by fuel type in Iceland
Browse car rentals by fuel type in Iceland. Currently, Hybrid cars are the cheapest to rent in Iceland. Deals were last updated on 22 March 2025.
Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Hybrid being the cheapest (HK$75+).
Electric
HK$106+
Hybrid
HK$75+
Petrol/Diesel
HK$75+