Best TV under $500 in 2020

Best Overall

TCL 55S425 55 inch 4K Smart LED Roku TV (2019)

TCL 55S425 55 inch 4K Smart LED Roku TV (2019)
  • Compatible with Google Assistant and Alexa
  • Access to multiple streaming services
  • Great value for money
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Premium Choice

Sony X800G 43″ TV 4K Ultra HD Smart LED TV

Sony X800G 43″ TV 4K Ultra HD Smart LED TV
  • Great motion handling
  • Images don't lose accuracy when viewed at an angle
  • Supports HDR10 and HLG
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Great Value

Insignia NS-50DF710NA19 50″ 4K Ultra HD Smart LED TV HDR

Insignia NS-50DF710NA19 50″ 4K Ultra HD Smart LED TV HDR
  • Affordable and great value for money
  • Automatic OTA upgrades
  • Easy to use UI
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Once upon a time, getting the best TV meant spending way above $500. But thanks to recent advancements in technology, there are now many great options under five hundred bucks to choose from. Some of them even come with 4K resolution, voice control, and great refresh rates.

We’ve surfed through the market and created a list of the best TV under $500. You’re surely going to find the one that matches your budget, specs, streaming needs, picture quality, and more. We’ve also added a guide below to answer some of the questions you may have about TVs. Read on to learn more.

10 Best TV’s under $500 in 2020

Best Overall

1. TCL 55S425 55 inch 4K Smart LED Roku TV (2019)

TCL 55S425 55 inch 4K Smart LED Roku TV (2019)HotRate Editors Choice

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The TCL 55-inch Roku TV is a home appliance that packs a punch. Whether you want to use it as the center of your home theater system or as a gaming monitor, this TCL television is bound to provide you with an enjoyable experience. It features a low input lag, an impressive picture quality, as well as bright HDR and SDR. The TCL 55-inch Roku TV also features a fast response time and incredible motion handling capabilities, including judder removal, BFI, and motion interpolation.

The only con you may experience with this 4K TV is its wide-angle view. Some users claim to experience image loss accuracy and minimal gray uniformity. However, the HDR capability of the TCL 55-inch Roku TV is top-notch. Combining this with its wide color gamut, this TCL TV can display impressive highlights as well as well-saturated colors. And since it also displays deep blacks in incredible detail, you get an impressive dark room performance that can only be gotten on high-end TVs.

Key Features
  • Compatible with Google Assistant and Alexa
  • Access to multiple streaming services
  • Great value for money
  • HDR10 support
CurvedNo ConnectivityEthernet and WiFi DisplayLED HDMI Ports3
Premium Choice

2. Sony X800G 43″ TV 4K Ultra HD Smart LED TV

Sony X800G 43″ TV 4K Ultra HD Smart LED TV

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A beautiful design, incredible detailing, and decent wide-viewing angles are some of the statements of the Sony X800G 4K TV. Although it's on our list of best TVs under $500, its price is always fluctuating so you may find it a little above 500 bucks when you check it out. Running on the Android TV operating system, this 4K TV is endowed with good peak brightness, flicker-free backlight, and good reflection handling.

It also features good picture quality, and just like the TCL TV above, the X800G comes with an excellent response time, which makes motion look great. However, it doesn't do well in a dark room like the TCL and it features a higher than average input lag.

Key Features
  • Great motion handling
  • Images don't lose accuracy when viewed at an angle
  • Supports HDR10 and HLG
  • Dynamic Contrast Enhancer to make scenes appear more natural
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI Ports4
Great Value

3. Insignia NS-50DF710NA19 50″ 4K Ultra HD Smart LED TV HDR

Insignia NS-50DF710NA19 50″ 4K Ultra HD Smart LED TV HDR

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The Insignia NS-50DF710NA19 is another cheap TV worthy of being on the best TVs under $500 list. Sitting in the $300 price range, this 4K TV features Amazon's FireTV OS, which houses an intuitive UI, multiple streaming services, as well as Alexa's voice control capabilities.

You get robust colors from this TV thanks to its HDR support, and its fast and fluid responsiveness makes it a great screen for casual gamers. If you're in the market for a good 4K TV under $500 with reasonable features and great picture quality, the NS-50DF710NA19 is one option you should consider.

Key Features
  • Affordable and great value for money
  • Automatic OTA upgrades
  • Easy to use UI
  • Multiple streaming services to choose from
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI Ports4

4. TOSHIBA 50LF711U20 50″ 4K Ultra HD Smart LED TV HDR

TOSHIBA 50LF711U20 50″ 4K Ultra HD Smart LED TV HDR

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Toshiba is a giant in the electronics industry. The brand has been in the business for over 140 years, so it's no surprise that they are able to come up with a great home appliance like the 50LF711U20 4K TV. Unlike the TCL TV above that uses Roku OS, this TV comes with Amazon's Fire TV OS as well as a voice-enabled remote that works flawlessly.

Plug in your TV, connect to your WiFi and start enjoying content from streaming services such as Netflix, HBO, Playstation Vue, and more. You also get low input lags and quality motion handling on the home appliance. However, this Toshiba 4K TV doesn't come close to the TCL above in terms of wide color gamut, as well as bright and darkroom display.

Key Features
  • Decent Picture
  • Low input lag
  • Supports 4K Dolby Vision HDR
  • Great anti-glare finish that minimizes reflections
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI Ports3

5. LG 55UM7300PUA Alexa Built-in 55″ 4K UHD Smart LED TV (2019)

LG 55UM7300PUA Alexa Built-in 55″ 4K UHD Smart LED TV (2019)

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Talk about aesthetics and functionality in the world of smart TVs and you'll be talking about the LG 55UM7300PUA 4K TV. It is one of the best level-entry TVs under $500. This TV comes with a wide-viewing angle that's suitable for large rooms. It's also endowed with great reflection handling and peak brightness that makes it worthy of being in even the brightest room.

Unfortunately, since it's designed with an IPS panel, you get to experience a mediocre contrast ratio that can't be enhanced by any local dimming feature. However, you still get to enjoy low input lag and accurate wide-viewing angles. If you don't sit directly in front of your TV, this is one of the best under $500 TVs to buy as you'll get high-quality pictures and better details. But if you sit directly in front of your TV and would like to get even better details from your media and pictures, the TLC above is a better option.

Key Features
  • Low motion blur and better colors
  • Great wide-angle view
  • Impeccable color accuracy
  • Airplay support.
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI3

6. VIZIO V-Series 40” 4K HDR Smart TV

VIZIO V-Series 40” 4K HDR Smart TV

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The Vizio V-series 40" 4K TV is a smart TV you're going to love. Besides the fact that it comes in at a ridiculously low price for a smart TV, it's also one of the best for playing games and watching content. The TV is endowed with low input lag and fast response time. Its reflection handling makes it easy for you to watch your favorite TV shows during the day without too much glare. However, the Vizio V-series doesn't come with local dimming feature and although its viewing angles are better than what you'd find on some TVs with VA panels, they are still quite narrow. This makes it difficult for a large group of viewers to get the perfect image while watching.

Also, the HDR peak brightness isn't like what you'd get on the TCL TV above and installing additional apps isn't possible on this TV. However, it's SmartCast feature allows you to use your mobile device to watch content from other streaming services that aren't installed on the TV.

Key Features
  • Low input lag
  • Deep uniform blacks
  • Decent picture quality
  • Fast response time
CurvedNo ConnectivityEthernet and WiFi DisplayLED HDMI Ports3

7. Hisense 50H8F 50″ 4K UHD Android Smart LED TV HDR10 (2019)

Hisense 50H8F 50″ 4K UHD Android Smart LED TV HDR10 (2019)

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Over the last few years, Hisense and TCL have been making waves in the North American TV market. They've been developing high-quality TV at low prices, which is why they've become really popular. The Hisense 50H8F is another entry-level 4K resolution TV that's reasonably priced and endowed with good attributes. Built on the Android TV platform, this 4K TV shows an impressive color and contrast range as well as strong streaming capabilities along with a powerful voice assistant feature.

Its almost bezel-less design allows you to view your content in detail and its great reflection handling makes it a worthy 4K resolution TV for watching content during the day. The only cons about the Hisense 50H8F are its slow response time and bad viewing angles. It isn't the best under $500 TV for viewing sports content as the images produced degrade when viewed at an angle.

Key Features
  • Great low input lag
  • Excellent peak brightness in SDR
  • Android TV platform provides access to tons of apps
  • Built-in Google Assistant and Bluetooth technology
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI Port3

8. Sceptre 50″ (X505BV-FSR) Class FHD LED TV

Sceptre 50″ (X505BV-FSR) Class FHD LED TV

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Unlike the other cheap TV s in our review, the Sceptre X505BV-FSR is a 1080P TV. It comes with a level of clarity and precision that makes it worthy of being among our best under $500 TVs list. While the image quality isn't like what you'd get on the TCL 4K resolution TV above, you get a big screen with good sound quality and reasonable lag time for games. Its clear QAM seamlessly provides you with cable channels even without the need for an antenna. This TV also auto enhances the image quality so you get a great viewing experience.

Key Features
  • Good sound quality
  • Big screen display
  • Decent lag time for gamers
  • Affordable price
CurvedNo ConnectivityNone DisplayLED HDMI Ports3

9. LG 49UK6300PUE 49″ 4K UHD Smart LED TV

LG 49UK6300PUE 49″ 4K UHD Smart LED TV

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The 49UK6300PUE is the second LG product on our best under $500 TVs list. Endowed with 4K resolution, this TV is touted to have up to 120Hz refresh rate. Although it isn't the cheapest TV on ur list, we believe that this model is certainly worth the price. The 49UK6300PUE is a 49-inch television that's capable of changing the look of your living room.

Endowed with a slim and elegant body, this TV uses a powerful quad-core processor to provide accurate colors, enhance sharpness, and reduce noise. Also, you get to enjoy an interactive voice control feature that can be used to pull up media, check the weather, control lighting, and more. With its HDR10 and HLG support, you'll be getting nothing but the best scenes on this TV.

Key Features
  • Supports multiple HDR formats
  • 120-hertz frame rate
  • Low input lag and fast response time
  • Great voice control capability
CurvedNo ConnectivityWiFi and Ethernet DisplayLED HDMI Ports3

10. Sharp 50″ LED 1080p Smart HDTV Roku TV

Sharp 50″ LED 1080p Smart HDTV Roku TV

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Sharp's HD Roku TV is another great option for users looking to get high-quality pictures out of their TVs. Although it doesn't feature 4K resolution, its Roku platform makes it a great contender for the best smart TV. Just like the TCL TV above, you get access to over 500, 000 movies as well as multiple streaming channels.

Its user-interface is awesome and you can easily control your TV via its easy-to-use remote and mobile app. Internet browsing and media stream is fast thanks to its WiFi connection. While you may not get the kind of picture accuracy and darkroom performance you get on the TCL, this HDTV is a great bargain for the price.

Key Features
  • Easy-to-use and intuitive UI
  • Affordable
  • Decent image
  • Remote and mobile app control
CurvedNo ConnectivityWiFi DisplayLCD HDMI Ports3

TV under $500 Buyer’s Guide

If you’re looking to get the best TV for cheap prices, our under $500 list is a good place to start. These are smart televisions with great to decent audio clarity, good software, large screen sizes, and many smart tech features. You can simply choose the one that suits your budget and preference and be rest assured you’ll get the best viewing experience. Below, we are going to be answering some of the questions you may have concerning the best under $500 TVs.

What Is The Best 55 Inch TV For The Money?

There are many different 55-inch models on the market. However, our top recommendations include the TCL 55S425 and the LG 55UM7300PUA in our review.

What Is The Best 43 Inch TV?

The Sony X800G in our review is a great 43 inches TV. You get an Android TV system, 4K resolution, incredible picture clarity, good response time, and more. The size is perfect as it’s neither too big nor too small, plus you get to view all of your digital media on one screen thanks to its host of ports and different connection options.

What Is The Best Inexpensive TV To Buy?

Our review of the best under $500 TVs include some of the most inexpensive TVs to buy. They are TVs with decent picture and sound clarity. Some of them, like the TCL 55S425 and the LG 55UM7300PUA, even come with 4K resolution and support for HDR content. Below are some factors to consider when choosing the best under $500 television:

4K Resolution:

Ensure that the television you plan to buy comes with at least 4K resolution. Otherwise known as Ultra High Definition (UHD) TVs, 4K TVs feature four times the amount of pixels found on 1080P TVs. Although there are 8K TVs on the market, we wouldn’t want you to concern yourself with them as they are very expensive and most movies and media aren’t in 8K yet.

Refresh Rate:

Go for a television with a 120-hertz refresh rate for better motion and reduced noise.

HDMI Ports:

Your television should have at least 3 HDMI ports and if you can get one, the newer HDMI 2.1 edition is better.

OLED, QLED, and LCDs:

OLED TVs look better than most TVs designed with LCD panels. However, QLED TVs from TCL, Samsung, and Vizio lean more to the cheaper side.

HDR:

For better color and contrast, choose a television that supports multiple HDR formats.

Conclusion

Buying a budget HD or 4K TV doesn’t have to be difficult. You don’t have to read multiple reviews before being able to choose the best under $500 TV. With the products in our review above, you’ll be enjoying a better TV experience. Whether you want to watch regular TV, cable, view pictures or videos from your devices, play games, or enjoy streaming networks like Netflix, the intuitive and easy-to-use TVs in our review are some of the best budget options you can buy.