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Cheap Car Rentals in Iceland

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 August 11, 2026.

Most popular company

Ice Rental 4x4

Most common car type

Compact

Average price per day

₱2,592

Cheapest price per day

₱2,461
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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.

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

For the best savings on car rentals in Iceland, make your reservation 7 days before pickup. The average price then is just ₱2,978/day – about 5,153% less than the yearly average.

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What is the cheapest rental car company in Iceland?

In Iceland, the most affordable rental car company right now is Ice Rental 4x4, offering prices from just ₱14.99/day over the past two weeks. Another budget-friendly choice is Fair Car, with rates starting at ₱23.88/day.

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

At Iceland, the best time to rent a car is in January, with an average daily rate of just ₱2,370. Conversely, August is the priciest month, averaging ₱6,259 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 ₱2,370. Conversely, August is the priciest month, averaging ₱6,259 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

₱2,370

February

₱2,491

March

₱2,734

April

₱2,856

May

₱3,221

June

₱4,132

July

₱5,834

August

₱6,259

September

₱3,524

October

₱2,917

November

₱2,431

December

₱2,552

What car do most people rent in Iceland?

The most popular types of cars to rent in Iceland are the following: SUV rentals (BMW X3 or similar), Compact rentals (Kia Sportage or similar), and Intermediate rentals (Toyota Corolla 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.

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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 August 11, 2026.

Avis

9.2
Wonderful
1 review•8 locations
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Overview

Cleanliness

9.6

Comfort

8.8

Overall

9.2

Pick-up/drop-off

9.2

Value

7.6

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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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 August 11, 2026.

  • 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 ₱2,592/day (0% less than the country average). The absolute cheapest rental car price in Iceland was found in Reykjavik for just ₱1,110/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.

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