Iceland

Cheap Car Rentals in Iceland from S$ 42

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 5-10 and drop-off date of 21-10. 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 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 30 July 2025.

Most popular company

Europcar

Most common car type

Intermediate

Average price per day

S$ 119

Cheapest price per day

S$ 42

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 30 July 2025.

There are, in total, 257 car hire locations in Iceland that are operated by 70 companies. In the past week, medium car is the cheapest car type users can hire (cheapest price last found: S$ 42/day). Explore 3 car types currently offered from Iceland hire providers:

Economy

Economy

S$ 48+

Compact

Compact

S$ 42+

Intermediate

Intermediate

S$ 42+

SUV

SUV

S$ 94+

Full-size SUV

Full-size SUV

S$ 141+

Mini

Mini

S$ 48+

Compact estate car

Compact estate car

S$ 38+

Compact SUV

Compact SUV

S$ 66+

Compare car rental deals in Iceland by type

Here are the best Iceland small car hire prices found by Cheapflights users in the past 7 days:

Here are the best Iceland medium car hire prices found by Cheapflights users in the past 7 days:

Here are the best Iceland SUV hire prices found by Cheapflights users in the past 7 days:

Volkswagen GolfS$ 42/day
4
M
A/C
Volkswagen Golf
BYD e6S$ 48/day
2
M
BYD e6

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 S$ 83. Data was last updated on 30 July 2025.
Toyota CorollaS$ 42/day
5
M
A/C
Toyota Corolla
Hyundai ElantraS$ 42/day
4
M
A/C
Hyundai Elantra
BYD e6S$ 48/day
2
M
BYD e6

Cheapflights insights for Iceland car rentals

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

How far in advance should I hire a car in Iceland?

For the best savings on car hire in Iceland, make your reservation 67 days before pickup. The average price then is just S$ 61/day – about 12% less than the yearly average.

What is the cheapest car hire company in Iceland?

Ice Rental 4x4 is currently the cheapest car hire company in Iceland with deals as low as S$ 43.79/day found in the past two weeks. Europcar is another inexpensive option with rates as low as S$ 60.94/day.

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

At Iceland, the best time to rent a car is at January, with an average daily rate of just S$ 53. Conversely, July is the priciest month, averaging S$ 121 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.|1#In Iceland, the best time to rent a car is in January, with an average daily rate of just S$ 53. Conversely, July is the priciest month, averaging S$ 121 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

S$ 53

February

S$ 56

March

S$ 55

April

S$ 57

May

S$ 62

June

S$ 91

July

S$ 121

August

S$ 104

September

S$ 65

October

S$ 58

November

S$ 56

December

S$ 62

What car do most people rent in Iceland?

Economy cars (Suzuki Swift, for example) are the most popular in Iceland. SUV (Class Compact SUV) and Mini (Hyundai i10) cars are also often chosen by our users when visiting Iceland.

Which car hire company has the most locations in Iceland?

keddy by Europcar has 21 locations throughout the area, more than any other company. Sunnycars has the second-highest number of locations in Iceland at 19.

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 30 July 2025.

Europcar

8.2
Very Good
33 reviews17 locations
Overview

Cleanliness

8.7

Comfort

8.7

Overall

8.2

Pick-up/drop-off

8.1

Value

8.0

Budget

8.0
Very Good
14 reviews8 locations
Overview

Cleanliness

7.9

Comfort

8.0

Overall

8.0

Pick-up/drop-off

7.9

Value

7.5

Hertz

7.9
Good
29 reviews16 locations
Overview

Cleanliness

8.6

Comfort

8.4

Overall

7.9

Pick-up/drop-off

7.8

Value

7.5

Thrifty

7.6
Good
19 reviews8 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 reviews8 locations
Overview

Cleanliness

8.3

Comfort

7.6

Overall

7.2

Pick-up/drop-off

6.8

Value

7.1

Ice Rental 4x4

6.8
Okay
11 reviews6 locations
Overview

Cleanliness

7.6

Comfort

7.2

Overall

6.8

Pick-up/drop-off

6.6

Value

6.9

keddy by Europcar

21 locations

Car rental FAQs

Find answers to frequently asked questions about car rentals in Iceland, including policies, requirements, and more. FAQs were last updated on 30 July 2025.
  • What is the most popular car hire provider in Iceland?

    With an average price of S$ 125/day, Europcar is the most popular car hire provider in Iceland, booking 390% more hire cars than any other provider.

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

    At S$ 81/day, the cheapest car rental price in Iceland was found in Reykjavik. On average, Reykjavik has the cheapest daily rental car price (S$ 119/day), which is 0% below average price for cities in Iceland.

  • What side of the road do you drive on in Iceland?

    Cars travel on the right side of the road in Iceland.

Car rentals by fuel type in Iceland

Browse car rentals by fuel type in Iceland. Currently, Petrol/Diesel cars are the cheapest to rent in Iceland. Deals were last updated on 30 July 2025.

Browse through car rental deals by fuel type in Iceland. There are currently 3 fuel types to choose from with Petrol/Diesel being the cheapest (S$ 38+).

Electric

Electric

S$ 62+

Hybrid

Hybrid

S$ 46+

Petrol/Diesel

Petrol/Diesel

S$ 38+

Browse thousands of different options on Cheapflights for your next trip

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Airport car hires in Iceland

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