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Engagement Rings Under $500

You don't have to have a big ring budget to get an incredible amount of sparkle. Blue Nile offers a wide selection of affordable engagement rings under $500. As you customize your own handcrafted ring, keep costs lower by selecting a white gold setting and a fancy cut diamond. To maximize brilliance, choose cut quality over carat size.

SHOP ALL ENGAGEMENT RINGS UNDER $500SHOP ALL ENGAGEMENT RINGS UNDER $500

7 Under $500 Engagement Rings

FAQs about Engagement Rings Under $500

There's a traditional saying that you should spend three months' salary on an engagement ring, but that's nothing more than a saying. Because there are so many ways to adjust the price of the ring with your choice of metal, stone size, stone quality, and setting, it's easy to find a beautiful engagement ring on any budget.

There are many factors that go into determining the final cost of an engagement ring, including the material of the setting, the cost of the center stone, and whether additional diamonds are present. The carat, cut, color, and clarity of the stone itself play the biggest roles in the overall cost of an engagement ring.

Get that same white-shine look for an engagement ring without the price tag of platinum by opting for white gold instead.

Copper alloy is added to yellow gold to create rose gold, and it also strengthens the gold, making it a more durable, tarnish-free option than a yellow gold engagement ring. An engagement ring is a lifelong investment, but it needs to fit within your budget. Check out this guide on how to determine your ring budget and the financing options available.

Top Engagement Rings Under $500 Reviews

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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

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Great value for money

I bought this is 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

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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

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Engagement ring

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 brothers 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.
Rafael D. - Verified Buyer
Average Customer Rating $ out of 5 stars
Classic Simple Solitaire Engagement Ring
14k White Gold

$240

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