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The 4 Best Monitors Under $500 - Spring 2023 Reviews

Updated
Best Monitors Under $500

As the monitor market continues to grow, there are plenty of great monitors that you can find in any price range, including those for under $500. Even high-resolution 4k monitors are becoming more available, which means you can find a variety of gaming and office monitors in this price range. Finding the best monitor depends on your needs and whether you want something with a high refresh rate focused on gaming, or a high resolution for office work.

We've bought and tested more than 265 monitors, and below are our recommendations for the best monitors to buy for under $500. Also see our recommendations for the best gaming monitors under $300, the best budget monitors, and the best work monitors.


  1. Best Monitor Under $500

    The best monitor we've tested for under $500 for all-around use is the LG 32GP850-B. It's a very good overall display that's versatile for different uses. It has a large 32-inch screen and 1440p resolution with decent text clarity, meaning you won't have issues opening multiple windows at once and reading text. It delivers great picture quality thanks to its dedicated sRGB picture mode that locks colors to the sRGB color space used in most web content, resulting in fantastic accuracy, but this mode also locks many of the gaming settings, so it isn't ideal to use when gaming.

    It offers excellent gaming performance with a 165Hz refresh rate that you can overclock to 180Hz with a DisplayPort connection. It has native FreeSync (VRR) support with G-SYNC compatibility to reduce screen tearing, and it has low input lag for a responsive feel. Additionally, motion looks incredibly smooth thanks to its quick response time, and it also has a backlight-strobing feature that aims to reduce persistence blur, but like many monitors, it doesn't work at the same time as VRR.

    See our review

  2. Best Gaming Monitor Under $500

    If you're a competitive gamer and want a monitor with a high refresh rate, then check out the Gigabyte M27Q X. It has a smaller screen than the LG 32GP850-B with the same 1440p resolution resulting in higher pixel density and slightly sharper images, but there's less screen space to view more of your game at once. However, what makes this a slightly better gaming monitor is that it has a higher 240Hz refresh rate, which is great for competitive gaming, and it offers an excellent gaming performance with FreeSync VRR support and G-SYNC compatibility.

    It has a fantastic response time at its max refresh rate, and while it's slower with 120Hz and 60Hz signals, it's still great, and there's minimal motion blur. Its backlight strobing feature is more versatile than that of the LG as it works within a wide range, and you can use it at the same time as VRR to reduce persistence blur. If you don't want to use the backlight-strobing feature, the backlight remains flicker-free to help reduce eye strain during long gaming sessions.

    See our review

  3. Best 4k Monitor Under $500

    If you don't need the gaming features of the Gigabyte M27Q X and want something with a high-resolution screen for productivity, whether you need it for work or media creation, then the best monitor in this price range is the Dell S2722QC. The 4k resolution is great for productivity because it delivers clear text, and the 27-inch screen is also big enough to open two windows side-by-side. It's a great monitor for a well-lit room because it gets bright enough to fight glare and has good reflection handling.

    There are a few extra features like Picture-in-Picture and Picture-by-Picture modes to let you view images from two sources at once. It also has a USB-C input that supports DisplayPort Alt Mode with 65W of power delivery, meaning you can charge your laptop and display an image from it at the same time. If you want an even bigger USB hub with more features like a KVM switch, the Dell U2723QE is better overall, but it costs a bit more than $500.

    See our review

  4. Best Ultrawide Monitor Under $500

    If you find the 27-inch screen size on the Dell S2722QC too small, look into getting an ultrawide monitor. These monitors provide extra horizontal screen space compared to 27-inch displays, ideal for multitasking if you want multiple windows open or an immersive gaming experience. In that case, the Gigabyte M34WQ is a great choice for under $500 as it's versatile and has features for both productivity users and gamers. It has a high 144Hz refresh rate, making it great for gaming, and its motion handling is excellent with high-frame-rate signals, resulting in minimal motion blur.

    If you want to use it for work, it has a USB hub that easily lets you connect your devices. It has a USB-C port that supports DisplayPort Alt Mode, letting you display an image from a compatible device like a laptop and charge it at the same time, but it only supports 15W of power delivery. It also has a KVM switch that lets you control two devices with the same keyboard and mouse, which is great for multitasking with different devices.

    See our review

Notable Mentions

  • Dell S3422DWG: The Dell S3422DWG is a great ultrawide monitor that delivers better dark room performance than the Gigabyte M34WQ and costs a bit less, but it isn't as versatile for other uses and has worse motion handling. See our review
  • LG 27GP850-B: The LG 27GP850-B is a smaller alternative to the LG 32GP850-B and costs a bit less. They perform similarly, so choosing the right one for your needs depends on which size you want. See our review
  • Dell AW2523HF: The Dell Alienware AW2523HF is a great gaming monitor with a higher 360Hz refresh rate than the Gigabyte M27Q X, which is great if you want to play games at a high frame rate. However, it also has a smaller screen and lower resolution, so only consider it if you're going to take full advantage of its high refresh rate. See our review

Recent Updates

  1. Mar 09, 2023: Removed the ASUS ROG Strix XG27AQ and the MSI Oculux XG253R because of lack of availability; replaced the LG 27GP850-B with the LG 32GP850-B and renamed to 'Best Monitor Under $500' and added the Gigabyte M27Q X as the 'Best Gaming Monitor'; renamed the Dell S2722QC to 'Best 4k Monitor' from 'Best Office Monitor'; updated Notable Mentions based on changes.

  2. Jan 11, 2023: Changed most of our top picks, as the Gigabyte M32Q and the Gigabyte M27Q X are very difficult to find at the moment.

  3. Oct 31, 2022: Removed the Gigabyte M28U because it's over $500 and renamed the Gigabyte M32Q as the 'Best Monitor Under $500'; replaced the Dell S3422DWG with the Gigabyte M34WQ because it's more versatile; updated Notable Mentions based on changes.

  4. Aug 22, 2022: Completely restructured the article to reflect how users are looking for monitors and focused on monitors that are close to $500; added the Gigabyte M27Q X, Gigabyte M28U, and the Gigabyte M32Q to their respective categories. Removed the Acer Nitro XF243Y, ASUS ProArt PA278CV, and the Dell AW2521H because they have lower resolutions that the current picks; replaced the Gigabyte M34WQ with the Dell S3422DWG for consistency; updated Notable Mentions based on changes.

  5. May 11, 2022: Restructured article to reflect user needs. Moved the Acer Nitro XF243Y from an alternative to a main pick as the 'Best 1080p Gaming Monitor', and replaced the ASUS VG279QM with the Dell Alienware AW2521H to name it the 'Best For Esports'; renamed the Dell S2722QC and the ASUS ProArt Display PA278CV as 'Best For Office' options; updated Notable Mentions based on changes.

All Reviews

Our recommendations are based on what we think are the best monitors for less than $500 currently available. They're adapted to be valid for most people. Rating is based on our review, factoring in price, and feedback from our visitors.

If you would prefer to make your own decision, here is the list of all our reviews of monitors under $500. Be careful not to get too caught up in the details. Most monitors are good enough to please most people, and the things we fault monitors on are often not noticeable unless you really look for them.

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