Best Value Leica M Lenses

The Leica M system is legendary, but it’s no secret that many Leica lenses come with a premium price tag.

The good news? You don’t need to spend a fortune to get stellar image quality and character. In fact, there are several excellent vintage and third-party M-mount lenses that deliver fantastic performance at a fraction of the cost.

Start by choosing your ideal focal length. Not sure where to begin? A 35mm or 50mm lens is a classic, do-it-all choice.

Here’s a curated guide to some of the best bang-for-your-buck M-mount lenses available today. All prices in US dollars.

Used Leica M-mount lenses can range from $200 vintage gems to $4,000+ for the latest ASPH glass. This guide focuses on options under ~$1,200, where quality and value intersect.

21 to 28mm (Wide)

Lens Summary Price
TTArtisan 21mm f/1.5 A modern ultra-fast wide with classic rendering and great build. Sharp in the center, dreamy edges wide open—perfect for creative use on digital. 400
(new)
Voigtlander 28mm f/2 Ultron Type II Sharp, compact, and modern. Excellent flare resistance and contrast, especially for the price. Great for street or reportage. Great alternative to the Summicron. 650
(new)
Zeiss 28mm f/2.8 ZM Biogon T* Stellar sharpness and microcontrast with minimal distortion. Slight field curvature, but optically excellent across the frame. 600
(used)

35mm (Classic!)

Lens Summary Price
Voigtlander 35mm f/1.4 II MC Nokton A compact, fast lens with improved optical design over the v1. Classic rendering with modern polish. Small, fast, and full of character. 650
(new)
Voigtlander 35mm f/1.7 Ultron Aspherical Sharp, contrasty, and a hidden gem among Voigtlander lenses. Slightly larger than other 35s, but one of the best values optically. 350
(used)
Zeiss Biogon T* 35mm f/2 ZM Crisp, clinical sharpness with beautiful Zeiss microcontrast. Slightly large, but optically top-tier. Watch for focus shift. 700
(used)
Leica 35mm f/2 Summicron-M ASPH
(model #11673)
The gold standard for 35mm. Razor-sharp, compact, and durable—but priced accordingly. Used copies in good shape are worth it. 2300
(used)
Voigtlander 35mm f/2.5 Color-Skopar P II Tiny and lightweight with surprisingly good image quality. Perfect for travel or minimal kits. 410
(new)
Zeiss 35mm f/2.8 ZM C Biogon T Ultra-sharp, compact, and contrasty. Ideal for digital or film with minimal distortion. 650
(used)

Honorable mention: 7Artisans 35mm f/2 Mark II ($300 new). Not optically perfect, but ultra-budget friendly with fun rendering.


40mm (Sweet spot)

Lens Summary Price
Leitz Wetzlar 40mm f/2 Summicron-C A compact, characterful lens made for the Leica CL. Sharp in the center and beautifully vintage rendering. 750
(used)
Minolta 40mm f/2 M-Rokkor Optically nearly identical to the Summicron-C, but often cheaper. An incredible value with excellent sharpness and bokeh. 450
(used)

50mm (All-purpose)

Lens Summary Price
Voigtlander 50mm f/1.5 Nokton v1 Aspherical Fast, characterful, and sharp when stopped down. A bargain for an f/1.5 lens with classic rendering.

Note: version II often goes on sale for just $700 (new)

400
(used)
Canon 50mm f/1.8 LTM A true budget gem. Sharp stopped down, with vintage glow wide open. Great if you want a compact lens with character. 100
(used)
Zeiss 50mm f/2 ZM Planar T Arguably the sharpest 50mm for M-mount at this price point. Clinical rendering and excellent contrast. Underrated. 600
(used)
Voigtlander 50mm f/2 APO-Lanthar One of the sharpest M-mount lenses ever made. APO correction, modern build, and stunning resolution. 1000
(new)
Leitz Wetzlar Summicron-M 50mm f/2 The classic “cron” formula. Beautiful balance of contrast, bokeh, and size. Look for clean copies from the 70s–80s. 1000
(used)
Voigtlander 50mm f/2.5 Color Skopar Compact and sharp with excellent ergonomics. Slightly underrated among Voigtlander offerings. 500
(used)
Leica 50mm f/2.5 Summarit-M A sleeper lens in the Leica lineup. Sharp, clean rendering in a compact package. Often overlooked, making it a bargain in Leica terms. 1100
(used)

Honorable mentions:

  • Zeiss 50mm f/1.5 ZM Sonnar ($750 used) – character-rich and fast, great bang-for-buck, if you can tolerate focus shift.
  • Jupiter-8 50mm f/2 LTM ($75) – very inexpensive with dreamy bokeh, though QC and mount quirks exist. Soviet lens.

75mm+ (Telephoto)

Lens Summary Price
Voigtlander 75mm f/1.5 Nokton Insanely fast and sharp, with creamy bokeh. Perfect for portraiture with Leica or mirrorless. Watch out for focus accuracy wide open. 1000
(new)
Voigtlander 75mm f/2.5 Color Heliar MC Tiny, lightweight, and sharp. Great budget portrait lens for travel or casual shooting. 300
(used)
Leitz Wetzlar 90mm f/2.8 Elmarit-M Classic Leica telephoto. Smooth rendering and good sharpness. Perfect for film or adapted digital use. 300
(used)
Leitz Wetzlar 90mm f/4 Elmar-C Surprisingly sharp and compact. Often overlooked but perfect for casual telephoto shooting. 200
(used)

Honorable mention: 7Artisans 75mm f/1.25 ($470 new). A bit soft (and low contrast) wide open, but sharpens up nicely by f/4.


Rational Lens Kits

Here are three different lens kits assembled from the lenses above.

🔹 1. Budget Travel + Everyday Kit

Compact, lightweight setup ideal for travel, street photography, or daily carry—without breaking the bank. Total: ~$950

  • Voigtlander 28mm f/2 Ultron II: Modern, sharp, and compact—ideal for street. $650 (new)
  • Canon 50mm f/1.8 LTM: Inexpensive vintage lens with charm. $100 (used)
  • Leitz Wetzlar 90mm f/4 Elmar-C: Lightweight telephoto for occasional reach, $200 (used)

Optional: Upgrade to Zeiss 50mm f/2 ZM Planar ($600 used) and drop the 90mm if you prefer a tighter 2-lens kit.

🔸 2. The “Classic Leica Look” Kit

Balanced, high-quality kit with timeless rendering, suitable for both film and digital M shooters. Total: ~$3,600

  • Leica 35mm f/2 Summicron-M ASPH (#11673). Legendary all-rounder, contrasty and sharp. $2,300 used.
  • Leitz Wetzlar Summicron-M 50mm f/2. Vintage Summicron with beautiful balance. $1,000 used.
  • Leitz Wetzlar 90mm f/2.8 Elmarit-M. Smooth, classic rendering for portraits. $300 used.

Alternate: Drop the 90mm or swap in Voigtlander 75mm f/2.5 ($300 used) to keep things lighter.

🎨 3. Creative Character Kit

For shooters who love bokeh, glow, or dreamy rendering—ideal for portraits, artistic work, and adapting to mirrorless. Total: $2,450

  • TTArtisan 21mm f/1.5: Fast, dreamy wide-angle with character. $400 (new).
  • Voigtlander 35mm f/1.4 II MC Nokton: Classic rendering with speed and charm. $650 (new).
  • Voigtlander 50mm f/1.5 Nokton v1 Asph: Fast, glowy, and expressive. $400 (used).
  • Voigtlander 75mm f/1.5 Nokton: Stunning bokeh, razor-thin DOF. $1,000 (new).

Optional: Stick to 35mm + 50mm only for ~$1,050 and still get plenty of character!


Tips: Choosing an M-Mount Lens

  • Set your priorities: Are you after character, sharpness, size, or build quality? Some older lenses offer vintage rendering and glow wide open, while others—like Zeiss and Voigtlander lenses—are clinically sharp.

  • Don’t fear LTM (L39) lenses: Many high-quality vintage lenses were made in Leica Thread Mount. With a simple adapter (Rayqual for high-quality, Fotodiox for budget), you can use these seamlessly on M-mount bodies.

  • Avoid rangefinder incompatibilities: Fast lenses (f/1.1–f/1.2) or long telephotos may require precise calibration and can be tricky to focus accurately on film or digital Leica bodies. They’re easier to use when adapted to mirrorless.

  • Used is often the sweet spot: Many lenses in this list shine when bought used. You’ll get better value, and many of these lenses were built to last a lifetime.

  • Watch for sample variation: Especially with older or cheaper lenses (e.g. Canon LTM lenses), optical quality can vary. Buy from sellers with return policies when possible.


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