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The 4 Best Monitors Under $500 - Summer 2024 Reviews

Updated Jun 19, 2024 at 12:16 pm
Best Monitors Under $500

There are plenty of monitors you can get for under $500 that offer good performance. Most monitors in this price range are considered mid-range and budget options compared to the rest of the market, so they won't have the latest high-end features like QD-OLED panels, but some even have Mini LED backlighting. You can still find useful features in this price range, like high resolutions and USB hubs, or even gaming perks like high refresh rates.

When looking for a monitor, it's important to consider what you'll use it for, as you would need a different type of monitor for office use than you would for gaming. For example, sharp text clarity is important for work, while a fast response time is beneficial for gaming. Luckily, options are available for any type of user in this price range, and there's no perfect solution for everyone. These monitors are also available in a variety of sizes and resolutions, but choosing the right size and resolution is a personal preference.

We've bought and tested more than 315 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 and cheap monitors, and the best work monitors.

Note: We recently published our Test Bench 2.0, and we're updating our reviews to this new test bench. As such, it may seem that two similar monitors have wildly different scores, but scores aren't comparable between different test benches.

  1. Best Monitor Under $500

    The best monitor we've tested that you can get for around $500 is the Acer Nitro XV275K P3biipruzx. Although it tends to cost a bit more than $500, it's worth stretching your budget for as it offers many more features and better performance than other monitors in this price range. The main advantage is that it has Mini LED backlighting, which helps provide a decent local dimming feature that makes blacks look deep in dark rooms. This is great if you want to sit back and watch videos with good picture quality, and it also delivers a ton of details thanks to its 4k resolution.

    It has features for various uses, which is great if you want something for work during the day and gaming at night. One of those perks is its USB-C port that supports 90W of power delivery and DisplayPort Alt Mode, so you can easily connect a laptop and charge it at the same time. It's also good for gaming as it has a fast response time and HDMI 2.1 bandwidth to take full advantage of gaming consoles.

    See our review

  2. Best Gaming Monitor Under $500

    While the Acer Nitro XV275K P3biipruzx is great for gaming, if you want the best gaming monitor for under $500 and don't need a very versatile option, then check out the AOC Q27G3XMN. While it costs a lot less than $500, it provides great value for its cost, making it a better choice than spending more on other monitors that perform worse. The main advantage of it versus the rest of the market is that it has Mini LED backlighting, similar to the Acer, meaning it delivers good picture quality with deep blacks and bright highlights.

    This makes it a great choice for playing HDR games, and it also has a fast response time, but there's smearing with fast-moving objects. Its 1440p resolution isn't as detailed as the 4k display on the Acer, but it's still good enough for most gamers. You can also overclock its 165Hz native refresh rate to 180Hz, but if you need something with an even higher refresh rate, the LG 27GR83Q-B is a great 240Hz option, ideal for PC gamers. However, it costs more and has worse picture quality, so the AOC still offers the best value.

    See our review

  3. Best Work Monitor Under $500

    If you don't need a gaming monitor and prefer something for work and productivity, the Dell U2723QE is a good choice, as it often goes on sale for less than $500. With the same 4k resolution as the Acer Nitro XV275K P3biipruzx, it delivers sharp text and is the best 4k monitor under $500 for work. However, it has a few differences with the Acer as it doesn't have Mini LED backlighting, so you don't get the same premium picture quality.

    On the plus side, it has a massive USB hub with five USB-A ports and three USB-C ports, so it's very easy to connect different devices. It has a KVM switch that lets you use the same keyboard and mouse with two computers and easily switch between them. Lastly, while it gets bright enough to fight glare in most well-lit rooms, its disappointing reflection handling makes it less ideal if you work in a sunny room. If that's the case, the Dell S2722QC is a good alternative with better reflection handling but has fewer features than the U2723QE.

    See our review

  4. Best Editing Monitor Under $500

    If you need a monitor for content creation, like if you're a photo or video editor, check out the ASUS ProArt Display PA279CRV. It's similar to the Dell U2723QE as it also has a 4k, 27-inch screen, and while the Dell is also good for content creation, the PA279CRV has a few advantages. One of those is the fact that it displays the entire Adobe RGB color gamut that's used in photo editing, and it also displays a wide range of colors in HDR as well. It comes with a very accurate sRGB mode, so you won't need to calibrate it if you work in that color space, and it has picture modes for various color spaces that you may work with.

    Besides that, it has a USB hub to connect various devices, but it doesn't have as many USB ports as the Dell and lacks a KVM switch. Regardless, it has a USB-C port that supports DisplayPort Alt Mode with 90W of power delivery, which is great if you need to quickly connect your editing laptop, and also has another USB-C port for attaching peripherals.

    See our review

Notable Mentions

  • Dell S2721QS: The Dell S2721QS is a lower-end version of the Dell U2723QE that doesn't have a USB hub. It performs similarly, so it's still worth considering if you don't need the USB hub and you want something cheaper. See our review
  • ViewSonic XG2431: The ViewSonic XG2431 is a cheaper alternative to the AOC Q27G3XMN that has a higher 240Hz refresh rate. However, it has worse picture quality because it doesn't have Mini LED backlighting. However, it's still a good choice if you care about gaming performance. See our review

Recent Updates

  1. Jun 19, 2024: Removed the Gigabyte M34WQ as it's hard to find, and added the ASUS ProArt Display PA279CRV as 'Best For Editing' to provide another option. Replaced the LG 27GR83Q-B with the AOC Q27G3XMN for consistency with other recommendations. Removed the Dell Alienware AW2723DF as a Notable Mentions as it isn't an alternative to the AOC.

  2. Apr 25, 2024: Replaced the LG 27GR93U-B with the Acer Nitro XV275K P3biipruzx because the Acer is better for a bit more than $500. Renamed the Dell U2723QE to 'Best Work Monitor' for consistency with other recommendations. Added the AOC Q27G3XMN to Notable Mentions.

  3. Feb 20, 2024: Replaced the Gigabyte M27U with the LG 27GR93U-B as 'Best Monitor Under $500,' as the Gigabyte is harder to find now. Replaced the Dell S3422DWG with the Gigabyte M34WQ as 'Best Ultrawide' as the Gigabyte performs better.

  4. Dec 19, 2023: Replaced the Dell Alienware AW2724DM with the LG 27GR83Q-B because it has a higher refresh rate; replaced the Dell S2722QC with the Dell U2723QE because it has extra features, and renamed to 'Best 4k Monitor'; added the Dell Alienware AW2723DF, ViewSonic XG2431, and the Acer Nitro XV275K P3biipruzx to Notable Mentions.

  5. Oct 20, 2023: Removed the Dell U2723QE because it went up in price, and renamed the Dell S2722QC as 'Best 4k Monitor For Work'; replaced the LG 32GP850-B with the Dell Alienware AW2724DM because it's better for gaming; replaced the Gigabyte M34WQ with the Dell S3422DWG because the Gigabyte is hard to find; 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 monitor reviews that you can get for around $500 or less. 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.