TODAY WE HAVE 70,170

Diamonds Under $500

Give the gift of brilliance on any budget with affordable diamonds under $500. When you're trying to maximize your budget without sacrificing style, shop for fancy-cut diamonds with an ideal cut. Stud diamond earrings, diamond rings, diamond engagement rings, and bracelets with diamond details are all available at this budget, making it easy to find a present that sparkles.

SHOP ALL DIAMONDS UNDER $500SHOP UNDER $500

24 of 70,170 Under $500 Diamonds

FAQs about Diamonds Under $500

Round-cut diamonds are the most expensive shape, since they’re also the most popular. Maximize your budget by considering the nine fancy shapes—princess, emerald, Asscher, cushion, marquise, radiant, oval, pear, and heart—which are beautiful, unique, and affordable diamonds.

No matter what budget you're working within, it's always a great idea to prioritize the cut. Choosing an ideal or Astor ideal cut will provide you with maximum brilliance.

A good way to make a diamond appear larger than the carat size is to choose the right cut and setting. A round cut isn’t as deep as other cuts, maximizing the diamond’s bulk. A thin, delicate setting will make the diamond seem bigger, compared with a thicker, bolder setting. A pavé or halo setting can also make a diamond appear larger.

All diamonds have some flaws. When you're purchasing a diamond under two carats on a budget, start by looking at VS2 (very slightly included) grades, which happen to be Blue Nile's most popular diamond clarity.

Top Under $500 Diamond Reviews

Find Affordable Diamonds Under $500

Engagement ring

First and right off the bat, I have to be honest and say how fast, accurate and impeccable the delivery was. It was ordered on Tuesday night and delivered Friday morning, 5 days before Christmas.. The ring came with the certificate, explaining the clarity, color and the cut. The diamond itself is beautiful. I’m not a diamond person and I understand the basics, but from what I got, and reading through the internet about the diamonds, I got more for what I paid for. The ring itself is also super beautiful, simple and decadent. The ring was not for me. It was for my brother and his fiancee. My brother's fiancee loves it. The reaction of her face as explained by my brother was really heart-warming, especially since she is super modest and getting something like this, makes her dreams come true. My brother, his fiancee and me are super happy about the purchase we made with Blue Nile and would highly recommend it to everyone. It really made our Christmas! Thank You Blue Nile!
Rafael D. - Verified Buyer
Average Customer Rating $5 out of 5 stars
Classic Simple Solitaire Engagement Ring
14k White Gold

$240

VIEW RING
Affordable Princess Cut Diamond Review

Beautiful ring and a great experience

Videos, GIA report and other resources made choosing a diamond as easy as possible. The diamond looks exactly as expected and the ring is beautiful. The setting is nice and simple, and looks exactly like the photos/online preview with the diamond I chose. The ring arrived very quickly! I ordered on a Saturday and had it by Tuesday morning.
Benjamin B. - Verified Buyer
Average Customer Rating $5 out of 5 stars
Classic Simple Solitaire Engagement Ring
14k White Gold

$240

VIEW RING
Round Diamond Under $500 Review

Great value for money

I bought this as a gift for my wife’s first birthday post marriage. She absolutely loved it. It’s true to the size and dimensions mentioned and the prices is lower than what we get in other shops. I researched a lot of places before settling on this. It was delivered overnight and that was impressive!
Bharath B. - Verified Buyer
Average Customer Rating $5 out of 5 stars
Classic Simple Solitaire Engagement Ring
14k White Gold

$240

VIEW RING
Affordable Diamond Engagement Ring Review

My beautiful upgrade

I bought this ring to upgrade my first engagement ring. It's beautiful! It sparkles, customer service was a pleasure and I'm overall very happy with the whole experience.
Hilary J. - Verified Buyer
Average Customer Rating $5 out of 5 stars
Classic Simple Solitaire Engagement Ring
14k White Gold

$240

VIEW RING

Explore More Diamonds and Jewelry

Have questions about Under $500 diamonds?

Get answers day or night.