The 9 Best TVs for Under $500 in 2020

It's easy to buy a new TV without breaking the bank

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The Rundown

Our Top Picks

Best Overall: TCL 50S425 50" 4K Roku TV

TCL 50S425 50" 4K Roku TV

 Courtesy of Amazon


When it comes to finding the right TV, there’s a lot to take into consideration, like quality, size, and the most important detail, price. Thankfully, the TCL 4K Roku TV checks every box.

With a crisp and clear picture thanks to 4K Ultra HD, high dynamic range (HDR), and direct-lit LED, you can watch movies and TV in brilliant quality. Plus, the built-in Roku puts over 500,000 movies and shows on your TV you can watch anytime you want. And with multiple inputs, you can plug in your devices, thumb drives, headphones, and more to watch the way you want.

The possibilities are endless with the TCL; you can download the mobile Roku app and control the set from your phone, any new apps you add from Roku upload quickly, and it even comes with an easy-to-use remote.

Available in various sizes, you’ll be able to find the perfect fit at a price that won’t hurt your wallet. 

Find out more about buying a TV if this is a big, new purchase for you.

Best Value: Insignia NS-43DF710NA


Staying in budget is crucial when it comes to buying electronics, but that doesn’t mean you have to sacrifice quality to save a buck. With the Insignia Fire TV, you can get everything you want for a price you won’t regret. Delivering sharp, true-to-life picture quality with 4K Ultra HD, this is the first Fire device to support HDR, offering brighter colors and deep contrast.

The Fire TV gives you access to hundreds of streaming apps and thousands of movies and shows, and you can control your TV with ease by connecting your Alexa or Echo; use your voice to change the channel, switch apps, or play games. And with three HDMI ports, you can connect other devices like your game consoles, speakers, and so much more to enhance your experience.  

Available in 43-, 50-, and 55-inch flavors, the Insignia Fire is a TV that fits your home, your life, and your budget.

Check out our guide to the best cheap TVs you can buy today.

Best Smart TV: Toshiba 55LF711U20 55" 4K Fire TV


Nowadays, buying a TV means keeping up with the latest and greatest, but when smart TVs are a dime a dozen, it’s hard figuring out which is best for you. What will fit your needs? What will work best for your home? The answer: the Toshiba 4K Fire TV.

For fans of Amazon products, this is the obvious choice, but even those unfamiliar with the Fire TV will be impressed by what this has to offer. Watch thousands of movies and TV shows through the Fire app, with access to the most up-to-date streaming apps available, and make your experience even easier by connecting your Alexa and Echo to control the set with just your voice.

Plus, everything will look sharp and clear with the 4K Ultra HD resolution, meaning your shows will come to life right on the screen. 

Take a peek at some of the other best smart TVs you can buy.

Best Small Screen: Toshiba 43LF711U20 43" Fire TV

If you’re looking for a smaller screen to fit a more narrow space, or perhaps to put in the kid’s playroom, Toshiba has one of the best offers out there. Fitting both your space and your budget, it has all the features you'd want or need with the impressive Amazon Fire platform.

Access the latest streaming apps and programs right on your TV so you can watch all the hit shows and movies available. You can also access it using Alexa thanks to the built-in AI program. Plus, there’s a decent number of ports that will allow you to easily connect all your devices.

Just because you’ve got a smaller screen doesn’t mean you’ll miss out on the brilliant picture quality your favorite shows were meant to be seen on.

Best Budget: Sceptre 32 inch LED 720p HDTV

Sometimes you just need a TV to do one thing: showcase your movies and shows in picture-perfect quality without any extra fuss or features. With the Sceptre 32-inch LED, you can watch your content in perfect, clear 720p.

The MEMC (Motion Estimation and Motion Compensation) 120 promises a smooth and seamless flow of scene to scene, so you won’t have any delays or lagging as you enjoy your shows. Plus, you can easily stream content from your smartphone or tablet straight to the TV.

Easy to set up and mount nearly anywhere in your home, the Sceptre is a great addition and won’t break the bank. Get the picture quality you want and deserve at an excellent price without all the unnecessary fluff or extras you don’t need.

Best Alternative Brand: Hisense 50R7E 50-inch 4K Ultra HD Roku Smart TV

Getting a great quality TV with all the bells and whistles doesn’t mean sticking with the sometimes over-priced mainstream brands. The Hisense 50R7E proves a new name can bring about the same, if not better quality at a reasonable price.

With a brilliant 4K Ultra HD picture, you can enjoy your movies and shows in the best definition out there—over eight million pixels fill the screen to provide a crisp, clear picture in the high quality they deserve.

Plus, with the built-in Roku, you’ve got access to thousands of TV shows and hit movies, all accessible with the included remote or on your phone when you download the Roku app.

You’ll have no trouble streaming with the dual-band wireless network, which will make the most of modern routers and give you lightning-fast connection speeds without the mess of cables.

Best Built-In Features: LG 55UM7300PUA Smart TV with Built-In Alexa

Features are a big draw when it comes to buying a brand new TV, but so many come with unnecessary add-ins that the process of finding what you want can be frustrating. Thankfully, the LG 55UM7300PUA Smart TV has all that you’ll need.

While Smart TVs are widely available, not all of them come with the added bonus of a built-in assistant, but this particular LG TV does. Including Amazon’s Alexa, you can do everything with your voice—control your media, access apps, make lists, set alerts, and browse the web. Don’t have Alexa? The ThinQ AI can work with Google Assistant too.

Including the Smart TV guide, a brilliant picture with 4K resolution, and an easy set-up, the LG Smart TV is exactly what you need to add the best possible viewing experience to your home.

Best for Gaming: TCL 55-Inch Class 5-Series 4K UHD Dolby Vision HDR Roku Smart TV

Getting the perfect TV for gaming all comes down to two important features: picture quality and connectivity. Every gamer knows getting the sharpest and clearest picture is crucial to keeping up with the latest games and consoles, but if you don’t have the appropriate ports, then your gaming experience is already over.

With this TCL TV, you're getting everything you need. With brilliant 4K UHD paired with Dolby Vision high dynamic range, you’ll play today’s hit games in the highest picture quality available. Plus, four HDMI inputs allow you to hook up your consoles with ease, alongside one USB, and one headphone jack. 

If you need a TV that can keep up with the latest games while providing the best picture, the TCL has everything you need without breaking your budget.

Take a peek at some of the other best 4K Ultra TVs you can buy.

Best Splurge: Sony X800G 43-Inch Smart TV

If you can afford to go a little over-budget, you’ll find that it’s completely worth it with the Sony X800G. With its brilliant 4K HDR and HDR10, you’re bringing home a clear and sharp picture on a set from a company that always strives to deliver the best.

Stream your favorite shows and movies from the latest apps and take comfort in knowing they’re always kept up-to-date. And with Sony, you know you’re getting reliable quality and performance with a set that fits your needs. 

Easy to set up and mount, this set has built-in cable management and a convenient set up for your Alexa or Google Assistant. Enjoy TV in the best way possible with a set that will set you slightly over-budget, but makes for an ideal splurge.

See more reviews of our favorite TVs available for purchase.

What to Look for in a TV Under $500

Ultra high-definition - We’ve surpassed the world of standard high-definition movies and videos. Newer 4K Ultra-HD televisions are now on the market at more affordable prices and offer four times the resolution of a TV with a traditional 1080p screen. If your budget can make it happen, seek out a 4k television for the best viewing experience.

Smart features - Who still has a cable subscription? If you don’t, then be sure to find a television that offers built-in smart services for connecting to services such as Hulu, Netflix, and HBO Now. Alternatively, you can purchase a separate streaming box such as Apple TV or Roku.

Screen quality - A beautiful image goes beyond the resolution of your television. Try to avoid anything that doesn’t offer an LED (light-emitting diode) or OLED (organic LED) screen, as anything else may result in a more washed out image. Additionally, if you can find a good deal, televisions with HDR (high dynamic range) can provide a more vibrant color experience.