Under $500 is one of the best value points in smartphones in 2026. These phones offer flagship-quality cameras and performance without the premium price tag.
The Pixel 8a is the standout phone under $500 — its camera competes with phones costing $1,000+ and it comes with 7 years of software updates. Available from Google Store, Best Buy and Amazon.
Samsung's best mid-range phone offers a vibrant AMOLED display, reliable performance and Samsung's trusted software at a great price point.
The only new iPhone under $500. Fast A15 chip, the full iOS experience and Apple's ecosystem at the most affordable Apple entry point.
| Phone | Price (US) | Best Feature | Best For |
|---|---|---|---|
| Google Pixel 8a | ~$499 | AI camera ✅ | Best all-round |
| Samsung Galaxy A35 | ~$350-399 | Value & display ✅ | Samsung fans |
| iPhone SE (3rd Gen) | ~$429 | iOS & Apple ecosystem ✅ | iPhone users |
The Google Pixel 8a is our top pick under $500 — it delivers a camera that beats most flagship phones and comes with 7 years of software updates at $499.
Yes — the iPhone SE (3rd generation) is available for $429, making it the most affordable new iPhone.
For camera quality the Pixel 8a wins. For display quality and ecosystem, Samsung's A-series is excellent. Both are outstanding at this price.