Autoblog and Yahoo may earn commission from links in this article.While American brands may dominate the full-size pickup segment, Toyota is the clear sales leader in the mid-size category with the durable Tacoma. Not only is it reliable, but the latest generation is more comfortable and economical than the old one, while losing none of its legendary off-road capabilities. This month, Toyota is running a pair of affordable lease deals on the Tacoma SR5, one of the cheapest trims in the range. These deals are a lot more affordable than what mid-size rivals from Ford and Honda are offering right now, so let's look at how much you can save by choosing the Toyota.This Month's Toyota Tacoma Lease Deals2026 Toyota Tacoma SR5ToyotaThanks in part to high residual values, Toyota's financial department is able to offer some of the most value-packed leasing deals in this category. The Toyota Tacoma's lease price for June differs depending on whether you choose the SR5 trim with rear-wheel drive or four-wheel drive. Here's how the two deals compare.Tacoma SR5 RWDTacoma SR5 4WDLease cost per month$279$309Lease term36 months36 monthsDue at signing$3,999$3,999Both Toyota Tacoma leasing deals are based on a mileage limit of 10,000 miles annually. Exceeding this limit will incur a fee of $0.15 for every additional mile. As is the norm, these Toyota Tacoma lease offers exclude tax, title, licensing, and registration costs. Although the SR5 is available as an XtraCab, these deals both apply to the more practical Double Cab variants. These deals, which expire on June 30, may differ from ones in your state, but you can confirm lease costs by adding your zip code to Toyota's website. AdvertisementAdvertisementThe SR5 trim level is one level above the base SR and adds equipment like LED fog lights, a coil-spring multi-link rear suspension (Double Cabs only), a Smart Key System, blind-spot monitoring, and rear cross-traffic alert.Related: Toyota Tacoma Beats The Hilux Where American Truck Buyers Actually CareTacoma Lease Deals Vs. Ridgeline and Ranger2026 Honda RidgelineHondaView the 2 images of this gallery on the original articleThe Honda Ridgeline and Ford Ranger are two of Toyota's toughest rivals in this segment. The Honda is the refined, premium option with its smooth V6 and comfortable unibody platform, while the Ranger is a tough body-on-frame pickup like the Tacoma. This month, neither of these trucks are nearly as cheap to lease as the Tacoma, though. Here's a look at the lowest lease deals for all three trucks.Tacoma SR5 RWDRidgeline AWD RTLRanger XLT 4x4Lease cost per month$279$399$376Lease term36 months36 months36 monthsDue at signing$3,999$4,299$4,335The Honda and Ranger both have AWD, but even so, they're much more expensive to lease right now than the Tacoma SR5. In the Tacoma, you get a 278-horsepower 2.4-liter turbo-four engine. The Honda has a 280-hp 3.5L V6 and the Ranger gets a 270-hp turbo-four. In performance terms, the three vehicles are fairly closely matched, but only the Ranger can tow over 7,000 pounds.AdvertisementAdvertisementTo be fair, the Ridgeline RTL is better-equipped than the Tacoma SR5, while the Ranger leads the towing battle, so the Toyota doesn't lead in every aspect. But its June lease deals underline the excellent value proposition for buyers who want an honest pickup without the frills.Final Thoughts2026 Toyota Tacoma SR5ToyotaThere are fancier and even more capable pickups out there, but Toyota has done a brilliant job catering to the everyman with the latest Tacoma. Not only is it one of the only brands to sell a two-door XtraCab pickup, which is perfect for small business owners, but this month's SR5 lease deals demonstrate the automaker's commitment to appeal to consumers on a budget. At comfortably under $300, the SR5 is an excellent deal and one of the cheapest ways to lease a new pickup.This story was originally published by Autoblog on Jun 9, 2026, where it first appeared in the Car Buying section. Add Autoblog as a Preferred Source by clicking here.