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 25 October 2026.
Most popular company | Fair Car |
|---|---|
Most common car type | Compact |
Average price per day | C$ 92 |
Cheapest price per day | C$ 39 |
In Iceland, there are 277 active rental locations from 77 car rental companies. small car is the cheapest car type to rent in Iceland in the past week - currently priced from C$ 39/day. View deals for 4 car types available to rent in this destination:
Economy
C$ 39+
Compact
C$ 45+
Intermediate
C$ 72+
SUV
C$ 76+
Full-size SUV
C$ 62+
Mini
C$ 43+
Premium SUV
C$ 209+
Compact SUV
C$ 46+
Get relevant, data-driven information to help you rent a car in Iceland, including pricing trends, ideal booking times, and more.
January
C$ 74
February
C$ 70
March
C$ 71
April
C$ 80
May
C$ 94
June
C$ 124
July
C$ 179
August
C$ 178
September
C$ 106
October
C$ 81
November
C$ 81
December
C$ 74
Avis
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Routes Car & Truck Rentals
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Go Rentals
NextCar
National
Rhodium
RAS Car Rental
Fara Car Rental
Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 25 October 2026.
With an average price of C$ 82/day, Budget is the most popular car rental provider in Iceland, booking 226% more rental cars than any other provider.
At C$ 41/day, the cheapest car rental price in Iceland was found in Reykjavik. On average, Reykjavik has the cheapest daily rental car price (C$ 100/day), which is 21% below average price for cities in Iceland.
Cars in Iceland are to be driven on the right side of the road.
Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Gas/Diesel being the cheapest (C$ 30+).
Electric
C$ 44+
Gas/Diesel
C$ 30+
Hybrid
C$ 32+