A good $500 phone matches your top priority, whether that’s camera, battery, performance, or software support.
Choosing a $500 phone comes down to one thing: what you care about most. At this price, no phone does everything well, so the smart move is picking the model that nails your top priority and accepting a compromise or two elsewhere. The current field of strong contenders includes the Google Pixel 8a, Samsung Galaxy A35 5G, OnePlus 12R, and Apple iPhone SE (3rd Gen), with pricing that varies by retailer, carrier, and storage tier.
Before looking at specs, make the Apple versus Android call. CBS News frames the iPhone SE as the affordable iPhone option, while Android buyers get a wider range of choices. That one decision narrows the field instantly and shapes everything else.
What Actually Matters At This Price
Display quality, battery life, camera consistency, and long software support matter more than extras like wireless charging or telephoto zoom. Spend your budget on the basics that affect daily use.
- Display: OLED or AMOLED is now common, and 120Hz is increasingly available, though 60Hz or 90Hz still appears on cheaper models.
- Battery: 5,000mAh is very common in this segment; some budget phones push slightly higher, like 5,100mAh on one model.
- RAM and storage: 6GB RAM is typical, with many models offering 8GB and 128GB or 256GB storage options.
- Camera: One strong main camera beats multiple weak auxiliary lenses. Some budget phones add low-end macro or depth sensors that add little real value.
- Software support: Update longevity matters more than ever, since these devices are expected to last several years.
How the Top Contenders Compare
CBS News names the Google Pixel 8a the best overall smartphone under $500, calling it the newest and most advanced in its set. It shares processor and operating system lineage with the Pixel 8 Pro and stands out for AI features and photo and video editing tools.
| Phone | Standout Strength | Best For |
|---|---|---|
| Google Pixel 8a | Best overall under $500; AI features and photo editing | Photography and software polish |
| Apple iPhone SE (3rd Gen) | Least expensive iPhone; full iOS and Apple ecosystem | Apple Watch, iPad, and Mac owners |
| OnePlus 12R | 6.78-inch AMOLED ProXDR, 120Hz, Snapdragon 8 Gen 2 | Performance and speed |
| Samsung Galaxy A35 5G | Best for extended battery life per CBS News | Battery endurance and balanced use |
OnePlus and Xiaomi or Poco-style models are often recommended for speed and value, while Galaxy A-series phones get frequent nods for battery and balance. our tested roundup of the best $500 phones digs into the full product list with current pricing and specs if you are ready to compare models side by side.
Five Steps To Narrow Your Choice
Take the decision in order and you will land on the right phone without analysis paralysis.
- Pick your platform. iPhone or Android first, since that shapes everything else.
- Name your priority. Camera, battery, performance, or display — whichever one you refuse to compromise on.
- Check for 5G. Many recommended models in this range support it, and it keeps the phone future-facing.
- Verify the storage tier. Under-$500 phones often come in multiple configurations; the cheapest variant may pair weak storage with lower RAM.
- Confirm the update policy. Software support length is one of the biggest differentiators at this price, so check the manufacturer’s stated commitment.
Avoid the common traps: buying on raw specs instead of real priorities, paying extra for weak secondary cameras, ignoring update support, and assuming every under-$500 phone is unlocked. CBS News’s best smartphones under $500 roundup shows the full comparison context, including regional variation in availability and pricing.
FAQs
Is wireless charging worth paying extra for under $500?
Usually not. Wireless charging and stronger water resistance are still inconsistent in this price band, so do not assume flagship-level durability or accessory support. If battery life and wired charging speed cover your daily needs, skip the wireless charging premium and spend the difference on more storage.
How long should a $500 phone receive updates?
Several years is the new expectation. Manufacturers now compete on update longevity, and the difference between a phone that gets two years of updates and one that gets five is significant for security and app compatibility. Check the manufacturer’s stated policy before buying, since this is a major differentiator at this price.
Should I buy the cheapest configuration of a $500 phone?
Not automatically. The base model may pair limited storage with less RAM, which can hurt performance over time. Verify the storage tier before buying and decide whether the upgrade is worth the cost, since under-$500 phones are often sold in several configurations at different prices.
References & Sources
- CBS News. “Best Smartphones Under $500.” Source for the Pixel 8a, iPhone SE, OnePlus 12R, and Galaxy A35 5G recommendations and model details.
