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Iceland

Cheap Car Rentals in Iceland from ₱5,098

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 7/11 and drop-off date of 7/18. 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 June 5, 2026.

Most popular company

Ice Rental 4x4

Most common car type

Compact

Average price per day

₱5,363

Cheapest price per day

₱5,098
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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 June 5, 2026.
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There are 74 rental agencies servicing Iceland. These agencies, altogether, have 272 rental locations available. Need an affordable rental? small car is the cheapest car type to rent in Iceland with prices from ₱5,098 a day in the previous 7-day period. Here are 3 car types you can rent in Iceland:

Economy

Economy

₱5,098+

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Compact

Compact

₱8,863+

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Full-size SUV

Full-size SUV

₱27,102+

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Passenger van

Passenger van

₱17,399+

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Compact SUV

Compact SUV

₱6,904+

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Intermediate SUV

Intermediate SUV

₱9,578+

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Compact station wagon

Compact station wagon

₱25,644+

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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 ₱12,333. Data was last updated on June 5, 2026.
Toyota Yaris Sedan/Vios₱5,098/day
2
M
Toyota Yaris Sedan/Vios
Found 06/04/26
Toyota Avanza₱6,598/day
2
M
Toyota Avanza
Found 06/04/26
Ford EcoSport₱6,904/day
4
M
Ford EcoSport
Found 06/04/26

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.

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

For the best savings on car rentals in Iceland, make your reservation 66 days before pickup. The average price then is just ₱3,261/day – about 5,680% less than the yearly average.

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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 ₱2,400. Conversely, July is the priciest month, averaging ₱6,031 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 ₱2,400. Conversely, July is the priciest month, averaging ₱6,031 per day. Below youll find the monthly average rental prices. Note that costs can fluctuate depending on availability, booking time, and vehicle type.

January

₱2,400

February

₱2,585

March

₱2,769

April

₱2,892

May

₱3,323

June

₱4,308

July

₱6,031

August

₱5,846

September

₱3,446

October

₱2,892

November

₱2,523

December

₱2,646

What car do most people rent in Iceland?

The most popular types of cars to rent in Iceland are the following: SUV rentals (Mitsubishi Outlander or similar), Compact rentals (Kia Sportage or similar), and Intermediate rentals (Kia Sportage 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 June 5, 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 June 5, 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 ₱7,758/day (0% less than the country average). The absolute cheapest rental car price in Iceland was found in Reykjavik for just ₱1,872/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 June 5, 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 (₱81+).

Electric

Electric

₱102+

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Gas/Diesel

Gas/Diesel

₱81+

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Hybrid

Hybrid

₱95+

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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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