Tesla recently raised prices for certain Model Y variants in the U.S., even though no updates were announced when this was done. Some models saw a price jump of $1,000, but fortunately, it’s still possible to lease a Model Y for the same cost as last month this June. The electric crossover gets significantly more expensive as you work your way up the lineup, but that’s complemented by a dramatic increase in performance. Here’s a look at the Tesla Model Y lease deals for June 2026.
This Month’s Tesla Model Y Lease Deals
Tesla
As was the case a month ago, the Tesla Model Y’s lease price starts at $459 per month for the base Rear-Wheel Drive variant. That’s for a 36-month lease, includes 10,000 miles annually, and requires an initial payment of $4,155. Here’s a look at how this entry-level model compares to the rest of the lineup.
| RWD | AWD | Premium RWD | Premium AWD | Performance | |
| Lease cost per month | $459 | $499 | $599 | $699 | $799 |
| Lease term | 36 months | 36 months | 36 months | 36 months | 36 months |
| Due at delivery | $4,155 | $4,195 | $4,295 | $4,395 | $4,495 |
| Miles per year | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
These deals expire on June 30, 2026, and exclude taxes, title, licensing, and registration costs. Excess mileage will incur an additional fee of $0.25 per mile. Tesla does allow for extensive lease flexibility, though. For instance, the base Model Y’s mileage limit can be increased to 15,000 miles annually, which increases the lease cost to $503/month and the initial amount to $4,199.
This month’s Tesla Model Y leasing deals have increased for the Premium RWD and Premium AWD models, which are both $30 more per month. According to a CarsDirect analysis, the best deal in the lineup remains the base RWD model. Tesla leases are available in most states, but we recommend checking for deals in your area using your zip code.
Performance: From Average to Ballistic
There’s a huge gulf in performance between the various Model Y trims. The cheapest RWD variant gets to 60 mph in 6.8 seconds. Going for the AWD trim dramatically boosts performance, as this model can do the same sprint in 4.6 seconds. The next big leap in power comes when moving up to the Performance model, which hits 60 in an absurd 3.3 seconds. Its 155-mph top speed is also especially rapid for an electric crossover.
The derivative with the best range is the Premium RWD, which can cover 357 miles on a full charge. Only the AWD model has a range of under 300 miles, although its 294-mile figure is still better than many rivals.
Going for one of the Premium trims and above introduces more features, different exterior lighting designs, and enhanced interior materials.
Final Thoughts
The mid-range models are a little pricier than before, but there’s still a lot of value to be found in the base RWD and AWD Model Ys. These variants don’t suffer the major range and/or performance sacrifices of many rivals, although you do have to make do with a more basic specification level. The Rivian R2 and Lucid’s own smaller EV may threaten its dominance in the near future, but for now, the Tesla Model Y is still a strong choice at around the $40,000 mark.
Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle.
About the author
Karl Furlong
Senior Editor, Autoblog