If you’re looking for a great deal on a new vehicle lease this month, you’re in the right place. All of this month’s best lease deals are below the $250-per-month mark, and include an electric vehicle (EV), SUVs, and even a few sedans.
More lease deals: SUV Lease Deals | Truck Lease Deals | Best Lease Deals | Under $300 Lease Deals
Here are 10 of the cheapest lease deals you’ll find in May 2026.
1. 2026 Buick Encore GX
Lease deal: $199/month for 24 months with $4,559 due at signing
Sticker price: $27,995
Expires: 6/1/2026
See 2026 Buick Encore GX models near you
The 2026 Buick Encore GX is on the smaller end of the brand’s offerings, and it’s a good one, with top-tier tech, a comfy and quiet cabin, and, with the Encore GX Preferred trim on lease special this month, wireless smartphone integration is standard, as is active noise cancellation. This deal is for eligible current lessees.
2. 2026 Honda Civic Sedan
Lease deal: $219/month for 36 months with $3,899 due at signing
Sticker price: $25,890
Expires: 7/6/2026
See 2026 Honda Civic models near you
The 2026 Honda Civic is stylish, practical, efficient, comfortable, well-equipped, and can even be fun to drive. This month’s lease deal is for the Civic LX sedan, although the Civic Sport Hatchback is also available for $3,899 down and $259/month. The Civic LX sedan comes standard with Honda Sensing safety tech, USB-C ports front and back, and Android Auto and Apple CarPlay.
3. 2025 Hyundai Ioniq 6
Lease deal: $189/month for 24 months with $3,999 due at signing
Sticker price: $39,595
Expires: 6/1/2026
See 2025 Hyundai Ioniq 6 models near you
Stylish and sleek yet based on the same electric architecture that underpins the popular Ioniq 5 SUV, the 2025 Hyundai Ioniq 6 offers plenty of range, with even the most affordable variant, the base SE Standard Range model (which is the model covered by this lease deal) is good for 240 miles. For just $10 more per month, you can get the standard SE, with up to 342 miles of range.
4. 2026 Hyundai Kona
Lease deal: $219/month for 36 months with $3,999 due at signing
Sticker price: $27,100
Expires: 6/1/2026
See 2026 Hyundai Kona models for sale
The 2026 Hyundai Kona has futuristic style, a compact footprint yet surprisingly roomy interior, and lots of features for the money. This month’s Kona SE with FWD is the most affordable version, but you can get the SE AWD or upgrade to the SEL FWD for $229/month with the same terms and cash due at signing.
5. 2026 Kia K4
Lease deal: $209/month for 36 months with $3,499 due at signing
Sticker price: $24,635
Expires: 6/1/2026
See 2026 Kia K4 models near you
Sedans aren’t as popular as they once were, but they’re still the right answer for most folks’ daily needs. Why? As the 2026 Kia K4 demonstrates, sedans are sleek, efficient, affordable, and still able to transport four or five adults and their things. For our money, we like the value-focused LXS trim in the most affordable K4 lease special this month, although the EX is also attractive if you’re looking for more features, and it’s available this month for $219/month for 24 months with $3,499 due at signing.
6. 2026 Kia Seltos
Lease deal: $219/month for 24 months with $3,499 due at signing
Sticker price: $25,285
Expires: 6/1/2026
See 2026 Kia Seltos models near you
The 2026 Kia Seltos is a smart and stylish subcompact SUV with a spacious cabin, good technology features, and a solid warranty. The base LX trim on special this month comes with wireless Apple CarPlay and Android Auto, front and rear USB ports, and keyless entry – pretty posh for a base model.
7. 2026 Mazda3 Sedan
Lease deal: $199/month for 36 months with $3,499 due at signing
Sticker price: $25,885
Expires: 6/1/2026
See 2026 Mazda3 models near you
The 2026 Mazda3 sedan has an unbeatable reputation for fun-to-drive qualities at this price point. If you’re looking for a stylish, sporty, high-value sedan, the Mazda3 is a great choice. The 2.5 S covered by this month’s lease is the base model and reasonably well-equipped.
8. 2026 Nissan Pathfinder
Lease deal: $229/month for 18 months with $4,289 due at signing
Sticker price: $41,445
Expires: 6/1/2026
See 2026 Nissan Pathfinder models near you
The 2026 Nissan Pathfinder is a capable, comfortable SUV with great safety scores. It’s also available with Nissan’s ProPILOT Assist, the brand’s semi-autonomous driver-assistance system. This month’s deal covers the 2WD version of the Pathfinder SV, the value sweet spot of the range.
9. 2026 Toyota Corolla
Lease deal: $229/month for 36 months with $2,999 due at signing
Sticker price: $24,420
Expires: 6/1/2026
See 2026 Toyota Corolla models near you
The 2026 Toyota Corolla is an efficient, stylish bargain that really shouldn’t be overlooked by those who log lots of miles, or just like an efficient sedan – most trims get 34-35 mpg combined, and 38-40 mpg on the highway. The LE trim is on special this month (XSE pictured), and it includes Toyota Safety Sense 3.0, featuring standard adaptive cruise control, lane-keep assist, road sign assist, and more.
10. 2026 Volkswagen Jetta
Lease deal: $229/month for 36 months with $3,499 due at signing
Sticker price: $25,270
Expires: 6/1/2026
See 2026 Volkswagen Jetta models for sale
The 2026 Volkswagen Jetta is a fun-to-drive, spacious, and relatively efficient sedan at an affordable price. This month’s special on the Jetta S is a real bargain, undercutting its closest competitors. Even the base model on special this month comes with standard wireless Apple CarPlay and Android Auto.
Cheapest Lease Deals in May 2026
- 2026 Buick Encore GX
- 2026 Honda Civic Sedan
- 2025 Hyundai Ioniq 6
- 2026 Hyundai Kona
- 2025 Kia K4
- 2026 Kia Seltos
- 2026 Mazda3 Sedan
- 2026 Nissan Pathfinder
- 2026 Toyota Corolla
- 2026 Volkswagen Jetta
Note: Prices quoted are for the model and trim on special this month and include destination charges, but do not include other mandatory fees such as tax, title, or licensing, or any possible tariffs.
