Top 5 Best Smartphones for Under $500 – February 2023


Best Smartphones for Under $500 – February 2023

As new flagships keep coming out, older ones keep dropping in price, which means we now have a larger selection of devices to pick from. With that in mind, these are the top 5 best smartphones currently on sale for under $500.

Best Smartphones for Under $500

1. Realme GT Neo 5

Best Smartphones for Under $500

Coming with high-end hardware and affordable price, the Realme GT Neo 5 launched last week goes straight into our top five. Realme’s phone is powered by a Snapdragon 8+ Gen1; along with 8GB of RAM and 256GB of storage.

The Realme GT Neo 5 then packs a large 6.74-inch FHD+ AMOLED panel with a refresh rate of 144Hz.

As far as photography is concerned, the handset features a 50MP main sensor, an 8MP ultra wide lens and a 2MP macro camera. At the front we find a 16MP snapper.

Finally, the GT Neo 5 packs a 5000mAh capacity battery with support for a whopping 150W fast charging technology.

Best Smartphones for Under $500

2. Redmi K60

 

Next we have Redmi K60 launched a couple months back also coming with the powerful Snapdragon 8+ Gen1; coupled 8GB of RAM and 256GB of internal storage.

The Redmi K60 also features a large 6.67-inch AMOLED display with Full HD+ resolution, a 120Hz refresh rate and a 480Hz touch sampling rate.

Camera wise, the handset comes with a 64MP main rear camera, an 8MP ultra-wide lens and a 2MP macro camera. At the front there’s a 16MP selfie snapper.

Finally, the Redmi K60 is fueled by a 5500mAh battery with support for 67W fast charging and – for the first time on a Redmi phone – 30W wireless charging.

Best Smartphones for Under $500

3. Xiaomi 12

Xiaomi 12

Another great handset available for under $500 is the Xiaomi 12. Xiaomi’s last year flagship is powered by the slightly older Snapdragon 8 Gen1; along 8GB of RAM and 256GB of internal storage.

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The Xiaomi 12 is a good option for those with smaller hands as it packs a 6.28-inch AMOLED display featuring Full HD+ resolution and a 120Hz refresh rate.

Coming to the cameras, Xiaomi’s phone features a 50MP main sensor; paired with a 13MP ultra wide angle lens and a 5MP macro lens. At the front there’s a single 32MP snapper.

The Xiaomi 12 comes packing a 4500mAh capacity battery with support for 67W fast charging; along with 50W wireless charging and 10W reverse wireless charging.

Best Smartphones for Under $500

4. Motorola Edge X30

 

If you’re a Motorola aficionado, then you have to go with the Motorola Edge X30. The company’s 2022 flagship is powered by a Snapdragon 8 Gen1 chipset; along with 8GB of RAM and 256GB of internal storage.

The Edge X30 also brings a great 6.7-inch OLED display with Full HD+ resolution and a whopping 144Hz refresh rate.

As for the cameras, the smartphone equips a 50MP main shooter paired with a 50MP ultra wide lens and a 2MP portrait camera. For selfies there’s a 60MP for selfies at the front.

Finally, the Motorola Edge X30 integrates a 5000mAh capacity battery and supports 68W fast charging technology.

Best Smartphones for Under $500

5. iQOO Neo 7 SE

best smartphones

Lastly, if you’re on a tighter budget, iQOO Neo 7 SE brings some great specs for around $400. The iQOO phone packs the high-end MediaTek Dimensity 8200; along with 8GB of RAM and 256GB of storage.

The iQOO Neo 7 SE then features a large 6.78-inch AMOLED panel with Full HD+ resolution and a refresh rate of 120Hz.

In the camera department, the smartphone packs a 64MP main sensor, a 2MP depth sensor and a 2MP macro lens. At the front we find a 16MP selfie snapper.

Finally, the iQOO Neo 7 SE comes with a large 5000mAh capacity battery with support for 120W fast charging.

Check out our sub $300 list if you’re on a tighter budget!

Disclaimer: We may be compensated by some of the companies whose products we talk about, but our articles and reviews are always our honest opinions. For more details, you can check out our editorial guidelines and learn about how we use affiliate links.

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