Ranked: 5 Cheapest Subcompact SUVs of 2022

Do you feel like everything is impossibly expensive thanks to inflation? Never fear. There are plenty of affordable subcompact SUVs on the market. Models from automakers like Chevrolet, Mitsubishi, Hyundai, and more provide great value for affordable prices.

5th: The 2022 Mitsubishi Outlander Sport won’t break the bank

A red 2022 Mitsubishi Outlander Sport is parked outside.
The 2022 Mitsubishi Outlander Sport | Mitsubishi

The 2022 Mitsubishi Outlander Sport starts at $21,795. It uses a 2.0-liter four-cylinder engine to make 148 horsepower and 145 lb-ft of torque. The Outlander Sport gets 24 miles per gallon in the city and 30 miles per gallon on the highway.

Mitsubishi’s subcompact SUV has a modern exterior styling and a great powertrain warranty. There are plenty of classier subcompact SUVs in the Outlander Sport’s segment. As far as affordability goes, the Outlander Sport is in the top-five conversation.

4th: The 2022 Chevrolet Trax is an affordable American subcompact SUV

A white 2022 Chevrolet Trax subcompact SUV is parked on a hill.
The 2022 Chevrolet Trax | Chevrolet

The 2022 Chevrolet Trax starts at $21,700. It uses a 1.4-liter four-cylinder engine to make 155 horsepower and 177 lb-ft of torque. The Trax achieves 24 miles per gallon in the city and 32 miles per gallon on the highway.

J.D. Power gave the 2022 Chevrolet Trax a great quality and reliability score and a decent driving experience score. The Chevrolet Trax offers decent cabin space for its size, and it’s incredibly affordable.

3rd: The 2022 Hyundai Kona is one of the best affordable subcompact SUVs

A black 2022 Hyundai Kona subcompact SUV is parked.
The 2022 Hyundai Kona | Hyundai

The 2022 Hyundai Kona starts at $21,300. It uses a 2.0-liter four-cylinder engine to make 147 horsepower and 132 lb-ft of torque. The Kona achieves 30 miles per gallon in the city and 35 miles per gallon on the highway.

The Hyundai Kona is one of the most popular subcompact SUVs on the market. Consumers enjoy the Kona because of its quirky exterior design and engaging driving dynamics. U.S. News & World Report calls the Kona the third-best small SUV behind the Mazda CX-30 and Kia Soul.

2nd: The 2022 Kia Soul is predictably affordable

The 2022 Kia Soul starts at $19,290. It uses a 2.0-liter four-cylinder engine to make 147 horsepower and 132 lb-ft of torque. The Soul gets 29 miles per gallon in the city and 35 miles per gallon on the highway.

The Kia Soul is a legendary subcompact SUV nameplate. Its funky design has won consumers over. Cars.com claims that the 2022 Soul has a roomy interior, great handling, and a good turbo engine option.

1st: The 2022 Hyundai Venue is the cheapest of the cheap

A red 2022 Hyundai Venue subcompact SUV is driving on the road.
The 2022 Hyundai Venue | Hyundai

The 2022 Hyundai Venue starts at $19,000. It uses a 1.6-liter four-cylinder engine to make 121 horsepower and 113 lb-ft of torque. The subcompact SUV gets 29 miles per gallon in the city and 33 miles per gallon on the highway.

The Venue comes with decent standard features. It’s the most affordable subcompact SUV. The Venue’s final trim, the Venue Limited, starts at just $22,250. It comes standard with heated front seats, a proximity key with push-button start, and heated outside mirrors. If you’re in the market for an affordable new SUV, there are plenty of options that provide great value for the money.