Top 5 Best Smartphones for Under $500 – May 2022

Best Smartphones

Hello and welcome to our top 5 for the month of May. This list in particular is specifically made for those who want to spend less than $500. So, if you find yourself in that category, keep reading to find out which are the best smartphones in this price range!

Best Smartphones for Under $500

1. Realme GT 2

Best Smartphones for Under $500

The Realme GT 2 is one of the best smartphone on sale for under $500 as it features the powerful Snapdragon 888 chipset; along with 8GB of RAM and 128GB of internal storage.

The handset also brings a premium 6.62-inch AMOLED display with a 120Hz refresh rate and DisplayMate A+ rating. Meanwhile for cameras we find a 50MP resolution main camera; paired with an 8MP ultra wide-angle lens and 2MP macro lens. At the front there’s a 16MP selfie snapper.

Finally, the Realme 2 is fueled by a large 5000mAh battery, supports 65W fast charging and it features NFC.

2. Xiaomi Mi 11

With its price finally dropping below the $500 mark, the Xiaomi Mi 11 has become another great option in this price range.

The smartphone comes packing the flagship Snapdragon 888 chipset; coupled with 8GB of RAM and 128GB of internal storage. This hardware fuels a large 6.81-inch AMOLED screen with 120Hz refresh rate and 480Hz touch sampling rate.

As for photography, the Xiaomi Mi 11 brings a 108MP main sensor; along with a 13MP ultra wide lens and a 5MP macro camera. While for selfies we find a 20MP snapper.

Finally, the Mi 11 integrates a 46000mAh battery with support for 55W via cable and 50W via wireless charger.

Best Smartphones for Under $500

3. Redmi K50

Coming with another flagship SoC this time produced by MediaTek, we have the powerful Redmi K50 featuring a MediaTek Dimensity 8100 chipset; along with a minimum of 8GB of RAM and 128GB of storage.

The smartphone doesn’t disappoint in other fields either as it boasts a 6.67-inch FHD+ AMOLED panel sporting a refresh rate of 120Hz and a touch sampling rate of 480Hz.

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In the camera department, the Redmi K50 packs three cameras including a 48MP main sensor, an 8MP ultra wide lens and a 2MP macro camera. While for selfies we have a 20MP snapper.

Lastly, the handset is fueled by a massive 5500mAh capacity battery with support for 67W fast charging. There’s NFC and an infrared emitter.

4. Samsung Galaxy S21 FE 5G

Next we have a very interesting device coming from South Korean phone maker Samsung – the Galaxy S21 FE 5G. The handset features a Snapdragon 888; along with 6Gb of RAM and 128GB of internal storage.

The Samsung Galaxy S21 FE 5G is the smallest smartphone on the list as it packs a compact 6.4-inch AMOLED display with Full HD+ resolution and a 120Hz refresh rate.

Photography wise, the handset brings a 12MP main sensor, paired with a 13MP ultra wide angle lens and an 8MP telephoto lens. For selfies there’s a 32MP snapper at the front.

Finally, the Samsung Galaxy S21 FE 5G packs an averagely sized 4500mAh capacity battery with support for 25W fast charging, 15W wireless charging and 4.5W reverse wireless charging.

Best Smartphones for Under $500

5. Nubia Red Magic 6R

best smartphones

Last but not least, we have an option for the gamers out there, the Nubia Red Magic 6R. This gaming phone comes with the powerful Snapdragon 888+ SoC; along with 8GB of RAM and 128Gb of storage.

The Nubia Red Magic 6R also brings a great 6.67-inch display with Full HD+ resolution, a whopping 144Hz refresh rate and 360Hz touch sampling rate.

Meanwhile, on the camera side, the smartphone brings a 64MP main shooter paired with an 8MP ultra wide lens, a 5MP macro lens and 2MP depth sensor. At the front there’s a single 16MP snapper.

Lastly, the Red Magic 6R by Nubia packs a 4200mAh capacity battery with support for 30W 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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