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Iceland

Cheap Car Rentals in Iceland from ₱4,252

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 6/12 and drop-off date of 6/19. 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: 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 30, 2025.

Most popular company

Europcar

Most common car type

Compact

Average price per day

₱7,180

Cheapest price per day

₱4,252

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 30, 2025.

January

₱2,413

February

₱2,469

March

₱2,469

April

₱2,525

May

₱2,581

June

₱3,703

July

₱4,489

August

₱4,208

September

₱2,918

October

₱2,469

November

₱2,469

December

₱2,693

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.

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 april 30, 2025.

There are 68 rental agencies servicing Iceland. These agencies, altogether, have 249 rental locations available. Need an affordable rental? small car is the cheapest car type to rent in Iceland with prices from ₱4,252 a day in the previous 7-day period. Here are 2 car types you can rent in Iceland:

Economy

Economy

₱3,549+

Compact

Compact

₱4,252+

SUV

SUV

₱4,924+

Full-size SUV

Full-size SUV

₱9,851+

Compact station wagon

Compact station wagon

₱4,546+

Intermediate SUV

Intermediate SUV

₱4,749+

Compact SUV

Compact SUV

₱5,193+

Intermediate station wagon

Intermediate station wagon

₱6,544+

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 30, 2025.

Small cars

₱1,789 - ₱4,253

All Car Types

₱2,419 - ₱12,066

To rent a small car in Iceland, you would pay an average price of ₱2,180/day. December is the cheapest month to rent a small car in Iceland (~₱1,789/day), while the most expensive month to rent that same car type is August (~₱4,253/day). In fact, December is about 18% 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 54% 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 ₱2,848/day. November is the cheapest month to rent a medium car in Iceland (~₱2,442/day), while the most expensive month to rent that same car type is April (~₱6,667/day). In fact, November is about 15% 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 40% 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 ₱3,307/day. January is the cheapest month to rent a SUV in Iceland (~₱2,500/day), while the most expensive month to rent that same car type is June (~₱6,389/day). In fact, January is about 25% 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 30% 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. Here are the best Iceland SUV rental prices found by Cheapflights users in the past 7 days:

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 30, 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 reviews7 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 reviews7 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

Best Iceland car rental deals found

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 ₱5,621. Data was last updated on april 30, 2025.
Toyota Yaris Sedan/Vios₱4,252/day
4
M
A/C
Toyota Yaris Sedan/Vios
Toyota Corolla₱4,551/day
4
M
A/C
Toyota Corolla
Hyundai Tucson₱4,749/day
5
4
M
A/C
Hyundai Tucson

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 30, 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 ₱7,208/day, it’s easy to understand why. The most popular car type from Europcar is PASSENGER_VAN, which starts as low as ₱7,180/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 ₱7,180/day (0% less than the country average). The absolute cheapest rental car price in Iceland was found in Reykjavik for just ₱7,180/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.

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 april 30, 2025.

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 (₱61+).

Electric

Electric

₱86+

Gas/Diesel

Gas/Diesel

₱61+

Hybrid

Hybrid

₱78+

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