Lowest prices for car rental in Reykjavik
Kia Picanto
Small car
Volkswagen ID.3
Electric car
Toyota Corolla Cross
SUV
Dacia Duster
SUV
Volkswagen Polo
Economy car
Toyota Aygo
Small car
The best way to rent a car in Reykjavik through FindYCar
- Set your desired date and location.
- Browse all offers within your budget and compare prices.
- Need upgrades? Unlimited mileage, no deposit, for cash, booster seat, full coverage, no credit card, and many other features to choose from.
- Finish the booking with your bank card. Only 20% or 100% prepayment is required to confirm via Pay Now.
Location
- You are free to specify any place you like to pick up your vehicle (This could be a city, airport, or delivery)
- Enter the start and end dates of the rental and perform a search.
Booking
- Choose a car and add additional services (insurance, no deposit)
- Book a car through our website and make the payment online
- You will receive an e-mail voucher with the rental company’s contacts and pick-up instructions.
Pick-Up
- When picking up the car, you will need to present your voucher, passport, driver’s license, and a credit card (if a deposit is required)
- Sign the rental agreement, pick up the car, and enjoy your trip.
Cheap Car Rental Reykjavik: Best of FindYCar

Iceland's capital is the country's largest city, home to the highest concentration of culture and spirituality, attracting millions of tourists who fly across the ocean every year. These places have a unique atmosphere and rhythm of life, which you'll surely immerse yourself in after just a few days here.
Fully exploring the sights of this remote island requires good transportation, making car rental in Reykjavik the only option. This smart yet simple solution allows you to customize your trip and visit as many vibrant locations as possible in minimal time. Here are a few ideas to try:
- Climb to the top floor of the Hallgrímskirkja Lutheran Church for a truly panoramic view of the capital.
- Admire local architectural masterpieces like the Harpa Concert Hall.
- Stroll through the Old Harbour and try one of the many exciting activities (whale watching is a popular choice, available throughout the season).
- Take a short trip out of town for complete relaxation at the Sky Lagoon geothermal spa.
You can do everything you've ever wanted while traveling when you have top rental deals on your smartphone with FindYCar. Find yours today and book now.
What’s the price of car hire in Reykjavik?
There's no easier way to find a good deal at an affordable price than in the capital. Here you can count on several great deals, such as:
- Economy cars: €29-$50 per day
- Mid-range cars: €35-$56 per day
- SUVs and minivans: €39-$62 per day
- Luxury cars: €82+ per day
Although these daily rates seem slightly higher than the European average, renting a car in Reykjavik is practically the only way to plan your trip across the country. Moreover, you can get a much better deal if you:
- Make a reservation well in advance of your arrival
- Look for budget-brand models with a manual transmission
- Compare prices and options
- Plan a long-term car rental.
Here's what you need to know about price comparison:
Table of hire prices for popular cars in Reykjavik by season
| Car model | Body type | Passengers | Luggage capacity | Price per day (low season) | Price per day (high season) |
|---|---|---|---|---|---|
| Toyota Aygo | Mini car | 4 | 1-2 | €35 | €70 |
| Kia Picanto | Small car | 4 | 1-2 | €38 | €75 |
| Hyundai i20 | Economy car | 5 | 2 | €45 | €85 |
| Toyota Yaris | Economy car | 5 | 2-3 | €50 | €95 |
| Volkswagen Golf | Hatchback | 5 | 3 | €60 | €115 |
| Dacia Duster | Crossover | 5 | 4 | €75 | €145 |
| Suzuki Vitara | 4x4 | 5 | 3-4 | €85 | €160 |
| Toyota RAV4 | SUV | 5 | 4 | €100 | €190 |
| Toyota Land Cruiser | SUV | 5-7 | 4-5 | €150 | €280 |
| Mercedes-Benz V-Class | Premium car | 7-8 | 4-5 | €170 | €320 |
⚠️ Note: The prices shown are indicative and may vary depending on the car pick-up location in Reykjavik, such as Keflavik Airport, Reykjavik city centre, hotel pick-up points or local rental locations, as well as the rental company, booking date, insurance options, mileage policy, deposit requirements, winter tyres, road conditions, F-category road restrictions, fuel policy and rental duration. This table also shows the average market prices for car rentals in Reykjavik without a credit card and deposit.
Chart of car rental prices in Reykjavik: seasonal analysis based on verified bookings
Our statistics show that the lowest car rental prices in Reykjavik were recorded in December at 66 €. May and November are also affordable months, with an average price of 67 €, while April remains another good option at 72 €.
The most expensive car rental period in Reykjavik is July, when the average price reaches 144 €. This is 118% higher than in December. In August, the average price is 122 €, which is 85% higher than the lowest monthly rate.
Our experience shows that the best time to rent a car at a lower price is winter, spring, and late autumn. Our result also confirms that July is 67% more expensive than the annual average price of 86 €, while December is 23% cheaper.
The prices were collected based on verified bookings through our FindYCar website. The statistics include all vehicle types and classes, as well as confirmed bookings for car rental in Reykjavik with no deposit and no credit card.
Renting a car in Reykjavik: What documents do I need?
To find a car hire in Reykjavik at any time and location, all you need are basic, valid documents:
- Passport
- Driver's license
- Credit card
- Booking voucher.
Documents expiring within three months may not be accepted.
Traffic Rules
- Traffic drives on the right.
- The maximum speed limit on motorways is 70-90 km/h.
- You must not drive off-road.
- Don't drink and drive. Every driver must maintain the legal limit of 0.02%.
- Seat belts are required.
- Keep your headlights on at all times while driving.
Parking
On average, you can easily find a good spot for €2-€3.50 per hour.
Gas Stations
Fuel prices are quite reasonable: €1.60 per liter on average.
Toll Roads
To use it, you must pay a fee of 14-15 euros for a light vehicle.

Top features of FindYCar: Car rental in Reykjavik with no deposit, no credit card, insurance, and full coverage

Car Rental Reykjavik No Deposit
- Fewer upfront costs
- No deposit blocks on credit cards
- Easy application and low daily rates on FindYCar
- Available at any location in the capital.

Car Rental Reykjavik No Credit Card
- 24/7 pickup
- Many models and brands in stock
- No credit card required
- Top-notch terms for long-term or short-term car rentals with no extra charges.

Insurance and full coverage when renting a car in Reykjavik
- If you cannot find a car with the "No Deposit" option, try using the "Low Deposit" filter.
- To rent a car without a credit card, select the "Debit card" or "No credit card" option in the search filter.

Benefits of booking a car through FindYCar
- We compare car rental prices in 165 countries
- More than 1000 local and international car rental companies
- Any types of cars (Economy, standard, luxury, convertibles, minivans, SUVs)
- Payment: Cash, Credit card (Visa, MasterCard, American Express, Maestro), Debit card, Apple Pay, Google Pay, PayPal
- Locations: In Terminal (Airport), Free shuttle service, Delivery only (City or Hotel)
- Free cancellation of booking 48 hours in advance
- Options: Additional driver, Unlimited mileage
- Comfort: Automatic Transmission, Air Conditioning, Baby seat, Booster seat
- Deposit: No deposit required, No credit card
- No hidden fees or commissions
- Insurance: TPL, CDW, Full Coverage
- 24/7 customer support by phone and E-mail
