Best SUV Leases Under $300: October 2024

2024 Hyundai Venue front three-quarter view

We found the best SUV leases under $300 in October. After analyzing hundreds of offers, we've uncovered a plethora of SUV models with several lease deals under $300 a month. If you're shopping for SUV payments under $300, this could make it a better time to lease if you know where to look.

A few SUVs have payments that have gone up in cost over the past month, but several have fallen. For the most part, leases under $300 a month are holding steady. Many of these offers come very close to the $300 cap, but with MSRPs that range from around $21,295 (2024 Hyundai Venue) to $51,225 (2024 Kia EV6), none of the deals can be deemed a bad offer.

We have taken into consideration the MSRP, the monthly payment, and the length of the lease term to come up with the effective monthly cost of each of the vehicles below and help you determine which deal works best for you.

Best SUV Lease Under $300

2024 Hyundai IONIQ 5

Leaf Icon Electric
2024 Hyundai IONIQ 5
  • From $209 for 33 months with $3,779 due at signing

Keeping up its trend, Hyundai is offering a good lease deal on a fully electric IONIQ 5 SUV. The EV is now leasing for just $209 a month for 33 months, with $$3,779 due at signing in the southern US.

That's an excellently low monthly payment. It also has an MSRP of $48,795, meaning that it's a great value when you compare the monthly cost to the MSRP. Its $324 effective monthly cost isn't the lowest on the list when it comes to lease price versus MSRP, but it's close, and this is a pretty stellar deal.

View More Electric Vehicle Leases

Cheapest SUV Lease Under $300

2024 Kia Niro Wind

Leaf Icon Electric
2024 Kia Niro Wind
  • From $169 for 24 months with $3,999 due at signing

The 2024 Kia Niro Wind EV in Light Long Range AWD trim is the cheapest SUV lease you can get this month. The affordable subcompact crossover is now offered at just $169 per month for 24 months with $3,999 due at signing.

Considering its MSRP of $40,925, this is a very budget-friendly deal for a new electric vehicle. With an effective monthly cost of $336, this is a stellar deal for October when you compare the monthly cost to MSRP.

This deal is available in most of the country, but be sure to check with your local Kia dealer to see what incentives you qualify for.

View All the Cheapest SUV Leases

Every SUV Lease Under $300

Here is every SUV we found with a lease deal payment under $300 per month. This list is in ascending order of the effective monthly cost.

59 Deals found in El Segundo, CA 90245
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2024 Kia Niro Wind EV >
Monthly Payment $169
  • Term: 24 Months
  • Due at Signing: $3,999
  • MSRP: $40,925
  • Effective Cost: $336
2024 Kia EV6 Light Long Range RWD >
Monthly Payment $179
  • Term: 24 Months
  • Due at Signing: $3,999
  • MSRP: $47,325
  • Effective Cost: $346
2024 Hyundai Kona SE EV >
Monthly Payment $179
  • Term: 24 Months
  • Due at Signing: $3,999
  • MSRP: $34,070
  • Effective Cost: $346
2025 Hyundai Kona SE EV >
Monthly Payment $189
  • Term: 24 Months
  • Due at Signing: $3,999
  • MSRP: $34,270
  • Effective Cost: $356
2024 VinFast VF 8 Eco EV >
Monthly Payment $199
  • Term: 36 Months
  • Due at Signing: $894
  • MSRP: $47,200
  • Effective Cost: $224
Author profile
Meghan Carbary Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.

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