Small Cars | $37 - $145 | |
|---|---|---|
All Car Types | $53 - $165 |
The best time to rent a Small car from Budget in Keflavik, Southern Peninsula is in January when prices are $37 per day on average. $37 per day is 43% lower than the $64 average yearly price for a Budget Small rental in Keflavik. While January may be the cheapest month to rent a Small car from Budget in Keflavik, July is the most expensive. However, you may still be able to find great deals in July on Small rental vehicles from Budget depending on what day you book.
The best time to rent a Medium car from Budget in Keflavik, Southern Peninsula is in February when prices are $59 per day on average. $59 per day is 39% lower than the $96 average yearly price for a Budget Medium rental in Keflavik. While February may be the cheapest month to rent a Medium car from Budget in Keflavik, May is the most expensive. However, you may still be able to find great deals in May on Medium rental vehicles from Budget depending on what day you book.
The best time to rent a Large car from Budget in Keflavik, Southern Peninsula is in October when prices are $136 per day on average. $136 per day is 26% lower than the $185 average yearly price for a Budget Large rental in Keflavik. While October may be the cheapest month to rent a Large car from Budget in Keflavik, July is the most expensive. However, you may still be able to find great deals in July on Large rental vehicles from Budget depending on what day you book.
The best time to rent a SUV car from Budget in Keflavik, Southern Peninsula is in March when prices are $54 per day on average. $54 per day is 50% lower than the $108 average yearly price for a Budget SUV rental in Keflavik. While March may be the cheapest month to rent a SUV car from Budget in Keflavik, June is the most expensive. However, you may still be able to find great deals in June on SUV rental vehicles from Budget depending on what day you book.
$30/day
23 oct. - 29 oct.$33/day
23 oct. - 29 oct.$34/day
23 oct. - 29 oct.Budget
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At the moment, Budget has 1 location at Reykjavik Keflavik Intl Airport:
Keflavik International Airport.
Yes, Budget in Keflavik does offer free cancellations on car rentals. However, we always recommend you give Budget a call if you have to make a last-minute cancellation, as sometimes there are fees involved. A list of Budget phone numbers can be found here under the Locations tab.
With an average cost of $65/day, renting Mini cars from Budget in Keflavik during October is the most popular option among our momondo users. You may also be able to find Budget car rental deals in Keflavik for as low as $33/day, which was the cheapest price found for Mini rentals last October.
For $65/day on average, a Mini is the cheapest type of car to rent from Budget in Keflavik (56% cheaper than the most expensive Budget rental car). In the past year, 49% of momondo users who chose to rent from Budget while in Keflavik rented a Mini in order to save money. Keep in mind that Budget also has other types of car rentals available based on your travel needs.
Prices for cars in Keflavik are refreshed on a daily basis.
There are 76 operators available for cars in Keflavik as of September 2025.
The minimum age for drivers varies by country, including Keflavik. In many EU countries drivers must be 18 years old. As a rule, you’ll need to be 21 to hire a car abroad, and a young driver surcharge may be applied if you are under 25. We recommend reading through the policy of your chosen rental company before booking.
All drivers must have a valid full driving license when renting a car in Keflavik. If the license is written in a different language from the country of rental, an International Driving Permit may be required to avoid the risk of potential fines. If you're renting a car overseas, you may also need to provide proof of return travel and accommodation information during your stay. It is always advisable to check with the individual rental company you're booking with.