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Iceland

Cheap Car Rentals in Iceland from C$ 47

This price is the cheapest per day rate found by a Cheapflights user in the last 48 hours by searching for a car rental in Iceland with a pick-up date of 24/6 and drop-off date of 7/7. Fares are subject to change and may not be available at all agencies or on all dates of rental. Click the price to replicate the search for this deal.
Driver's age: 25-65
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Iceland car rentals in 2026

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 27 May 2026.

Most popular company

Fair Car

Most common car type

Intermediate

Average price per day

C$ 91

Cheapest price per day

C$ 47
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Popular car types in Iceland

Explore the most popular car models available for rent in Iceland and choose the one that suits your needs. The price data is sourced from various car rental companies and was last updated on 27 May 2026.
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In Iceland, there are 272 active rental locations from 74 car rental companies. small car is the cheapest car type to rent in Iceland in the past week - currently priced from C$ 47/day. View deals for 3 car types available to rent in this destination:

Economy

Economy

C$ 47+

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Compact

Compact

C$ 77+

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Intermediate

Intermediate

C$ 440+

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SUV

SUV

C$ 504+

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Full-size SUV

Full-size SUV

C$ 157+

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Mini

Mini

C$ 50+

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Compact station wagon

Compact station wagon

C$ 52+

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Compact SUV

Compact SUV

C$ 68+

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Best car rental deals found in Iceland

Browse through a selection of recently found affordable car rental deals in Iceland. Plan your trip with ease and find the perfect rental option for your needs. There are currently 8 rental car agencies in Iceland with an average daily rate of C$ 215. Data was last updated on 27 May 2026.
Mazda Mazda2C$ 47/day
2
5
M
Mazda Mazda2
Found 05/27/26
Mazda Mazda2C$ 49/day
2
5
M
A/C
Mazda Mazda2
Found 05/27/26
Chevrolet Sonic SedanC$ 50/day
2
M
Chevrolet Sonic Sedan
Found 05/26/26

Cheapflights insights for Iceland car rentals

Get relevant, data-driven information to help you rent a car in Iceland, including pricing trends, ideal booking times, and more.

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What is the cheapest rental car company in Iceland?

In Iceland, the most affordable rental car company right now is Budget, offering prices from just C$ 22.47/day over the past two weeks. Another budget-friendly choice is Fair Car, with rates starting at C$ 28.54/day.

What is the cheapest month to rent a car in Iceland?

The cheapest month to rent a car in Iceland is February, when you can expect to pay C$ 69/day on average. The most expensive month to rent a car in Iceland is July (C$ 192/day on average). The average daily rental price for each month is shown below. Keep in mind that prices will vary based on availability, when you book, and the type of car you rent.

January

C$ 71

February

C$ 69

March

C$ 71

April

C$ 79

May

C$ 92

June

C$ 128

July

C$ 192

August

C$ 168

September

C$ 100

October

C$ 81

November

C$ 71

December

C$ 72

What car do most people rent in Iceland?

The most popular types of cars to rent in Iceland are the following: SUV rentals (Class Intermediate SUV or similar), Intermediate rentals (Class Intermediate SUV or similar), and Economy rentals (Toyota Yaris or similar).

Which car rental company has the most locations in Iceland?

Avis has 8 locations throughout the area, more than any other company. NextCar has the second-highest number of locations in Iceland at 1.

Discover the price range for renting a car in popular cities across Iceland, helping you budget and make informed decisions for your upcoming travel. There are 21 pickup locations in Iceland to choose from. Price data has been averaged over the last 12 months and was last updated on 27 May 2026.
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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 27 May 2026.

Routes Car & Truck Rentals

5.7
Fair
11 reviews•1 location
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Overview

Cleanliness

6.7

Comfort

5.4

Overall

5.7

Pick-up/drop-off

5.1

Value

6.1

Go Rentals

1 location
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Avis

8 locations
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NextCar

1 location
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National

3 locations
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Rhodium

1 location
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RAS Car Rental

4 locations
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Fara Car Rental

2 locations
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Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 27 May 2026.

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

    With an average price of C$ 154/day, Budget is the most popular car rental provider in Iceland, booking 551% more rental cars than any other provider.

  • What is the cheapest city to get a rental car in Iceland?

    At C$ 39/day, the cheapest car rental price in Iceland was found in Reykjavik. On average, Reykjavik has the cheapest daily rental car price (C$ 98/day), which is 13% below average price for cities in Iceland.

  • 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.

Car rentals by fuel type in Iceland

Browse car rentals by fuel type in Iceland. Currently, Gas/Diesel cars are the cheapest to rent in Iceland. Deals were last updated on 27 May 2026.
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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$ 37+).

Electric

Electric

C$ 49+

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Gas/Diesel

Gas/Diesel

C$ 37+

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Hybrid

Hybrid

C$ 54+

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Browse thousands of different options on Cheapflights for your next trip

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Airport car rentals in Iceland

Rent a car at one of these airports in the Iceland area
Reykjavik Keflavik Intl Airport car rentals
Reykjavik Domestic Airport car rentals
Akureyri Airport car rentals

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