Autoblog and Yahoo may earn commission from links in this article.The 2026 Mazda CX-5 2.5 S is leasing for $249 per month with standard all-wheel drive included, making it one of the cheapest new SUV leases on the market right now. In the compact SUV segment, where most competitors charge $300 or more per month, Mazda is undercutting the field by a wide margin. The offer runs through June 1 and is available nationwide at participating dealers. The upfront cost is on the higher side, but the monthly number is hard to beat. Here's the full breakdown.2026 Mazda CX-5MazdaThe 2026 Mazda CX-5 Lease DealThe offer covers the 2026 Mazda CX-5 2.5 S with AWD and an automatic transmission. MSRP is $29,990 plus a $1,495 destination charge. The monthly payment is $249 for 36 months, with $5,339 due at signing. That upfront total includes a $750 acquisition fee, and no security deposit is required. Taxes, title, license, and dealer fees are excluded.2026 Mazda CX-5MazdaThe capitalized cost comes in at $26,645, which reflects a solid discount off the combined MSRP and destination. Mileage is capped at 10,000 miles per year, with an overage charge of $0.15 per mile. At lease end, the purchase option is $20,780 plus tax, and a $350 disposition fee applies if you return the vehicle. The deal requires approved credit through Mazda Financial Services and is available at participating dealers through June 1, 2026. Dealer contribution may vary, which could affect your final payment.What You're GettingThe CX-5 2.5 S is the entry point to Mazda's compact SUV lineup, but it doesn't feel like a base model. Mazda has built its reputation on delivering interiors and driving dynamics that outclass the price point, and the CX-5 remains one of the strongest examples of that philosophy. The 2.5-liter naturally aspirated four-cylinder produces 187 horsepower through a six-speed automatic, and AWD is included at this lease price rather than treated as an upcharge.2026 Mazda CX-5MazdaThe cabin is clean and well-assembled, with a driver-focused layout and materials that feel a step above those of most competitors at this price. Standard equipment includes a 10.25-inch center display, Apple CarPlay, Android Auto, a full suite of Mazda's i-Activsense safety features, and a responsive infotainment system controlled via a center console commander knob. The CX-5's chassis tuning continues to set the benchmark for engagement in the compact SUV class, making it one of the few vehicles in this segment that's genuinely enjoyable to drive.The Bottom LineThis deal is built for the buyer who wants the lowest possible monthly payment on a well-built compact SUV with AWD and doesn't mind front-loading some of the cost. At $249 a month, the CX-5 undercuts the RAV4, CR-V, and Tucson on the monthly line. The $5,339 at signing is the trade-off, and the 10,000-mile annual cap means this lease skews toward lighter drivers. But if your mileage stays moderate and you value driving quality over cabin size, the CX-5 at this price is one of the strongest compact SUV lease deals available in June. It expires June 1.AdvertisementAdvertisementThis story was originally published by Autoblog on May 28, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.