Best Smartphones Under $500

By Reviewed.com Staff

As two-year service contracts go the way of the dodo, customers are left with two options: buy a new phone outright at full price, or split the cost into monthly installments.

Unfortunately, most of the latest and greatest phones are going to leave your wallet feeling light. But the good news is that if you're okay with cutting a few corners, there are plenty of reasonably priced phones to choose from.

Curious to learn more about a particular phone? Click through to read the full review. Otherwise, here's our take on the best smartphones you can get for under $500 today.

Updated May 12, 2017

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Expert Score
9.1

Apple iPhone SE

The iPhone SE is one of the most affordable iPhones ever, but that doesn't mean it performs like a second-rate device. In fact, the SE takes most of the internal components from the flagship iPhone 6S and combines them with an outer design that is the spitting image of the older iPhone 5S. For people looking for an affordable path to iOS and a small-but-powerful smartphone, the iPhone SE is one of the best around.

Read Our Review

Where To Buy

$499.00 Apple Buy

Huawei Honor 8

Huawei packed a fair amount of value underneath the Honor 8's shimmering, lustrous hood, but some might find the phone's dual cameras and Huawei's software to be lacking. Still, if you look past its flaws, there's a competitive phone in the Honor 8, and it's one that won't make a sizable dent in your wallet.

Read Our Review

Where To Buy

$324.96 Amazon Buy $339.99 Best Buy Buy $349.95 Walmart Buy

Huawei GX8

The Huawei GX8 is an affordable mid-range smartphone that, in many ways, performs better than you'd expect based on its price. Its aluminum body and considerable heft make it one of the best-looking phones in its class; it looks and feels like a premium Android smartphone. Huawei's not yet a household name in the U.S., but given the price, camera, battery, and processor, the GX8's worth a look.

Read Our Review

Motorola Moto G4 Plus

The most "premium" phone in the Motorola Moto G4 lineup is the Moto G4 Plus, but don't let the "most premium" distinction fool you—the G4 Plus is anything but a premium smartphone. Still, it's priced affordably and features decent battery life, so if you're easy to please and don't feel like breaking the bank, you'll probably be able to tolerate the G4 Plus's myriad flaws.

Read Our Review

Where To Buy

Click for price Amazon Buy $229.99 Walmart Buy

Motorola Moto G4 Play

The Moto G4 Play is the most affordable of the three 2016 Moto G releases, so don't expect to be blown away by its performance. It does, however, have a reliable battery and a functional camera that's good enough for Instagram photos, so if you're easy to please when it comes to smartphones, the Moto G4 Play might be a decent choice.

Read Our Review

Where To Buy

$149.00 Amazon Buy $149.99 Best Buy Buy $149.90 Walmart Buy
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