Up to 30% Off Wedding Day Jewelry |


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.
Show More
Shop All Engagement Rings Under $500
Affordable Diamond Engagement Rings Under $500

1 Engagement Rings Under $500

FAQs about Engagement Rings Under $500

How much should I spend on an engagement ring?

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.

What affects engagement ring cost?

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.

What is a less expensive alternative to platinum?

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

How do you budget for an engagement ring?

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.

Have questions about Engagement Rings Under $500?

Get answers day or night.