The Best TVs Under $500

Table of Contents

We’re well into the age of 4K Ultra High Definition (or UHD) so if you’re still stuck in HD 1080p, maybe it’s time to consider an upgrade. 4K UHD has four times the pixels as HD, meaning your picture is four times clearer, your colours are four times richer, and your enjoyment of your TV, movies, sports, and more will be four times greater than ever before.

For those on a budget, we need to consider more options than just the latest models. Some of these models are a little older, but that will provide you real savings — we’ve gone ahead and selected some of the best models that offer 4K UHD at a price point that is a bit more manageable. Each one is 55” or less; but don't worry, you can still have a sizeable display for your home or office. Not only do they have smart features, but they also have compatibility with streaming platforms.

We'll also show you some features that will enhance your picture and sound while you're watching all of your favourite TV shows and movies.

1. Editor’s Pick: Hisense H78G

1. Editor’s Pick: Hisense H78G
  • Android TV operating system
  • Built-in Chromecast allows you to play media directly to the TV
  • Slim design
  • Buyers report the HDR effect is limited

Key Specs

Screen Sizes Under 500: 43” / 50” / 55”
Connections: Wi-FI, Bluetooth, USB, Ethernet, HDMI

Hisense delivers everything you need in a TV. Not only does it deliver both Dolby Vision and HDR10 (High Dynamic Range, version 10) in its picture settings but its defined colour and deep and nuanced contrast makes watching sports, playing video games, or doing fitness video games one heck of an experience. Its A.I.-scene recognition allows your TV to fine tune its picture and sound levels to best display the content that is pictured on the screen. This is great if you don't like to manually adjust settings for different content genres.

Another key feature is that it's equipped with Amazon's smart-home technology platform, Alexa. The remote comes with Google Assistant, which allows you to voice commands for new content or apps to be opened while watching. It's truly a great TV and one that tops our list.

2. Runner Up: TCL 50S425-CA

2. Runner Up: TCL 50S425-CA
  • Download the Roku TV app and turn your smartphone into the remote
  • Connect headphones to smartphone for Private Listening Mode
  • Roku TV operating system is easy to navigate
  • Has a tendency to disconnect from your internet if the wifi connection is weak

Key Specs

Screen Sizes Under 500: 43” / 50” / 55”
Connections: Wi-Fi, USB, Ethernet, HDMI

This TV comes with Roku TV, providing you with all your favourite streaming services and more in 4K. With the ability to stream content from YouTube, Amazon Prime or Netflix, you can choose from hundreds of apps to directly stream your content to the TV. Its simple, intuitive interface gives you easy access to thousands of streaming channels, cable TV, gaming consoles, and other devices.

Its 4K UHD picture performance with high dynamic range (HDR) technology offers exceptional clarity and detail. It also has a refresh rate of 120Hz, which is better than some of the competition. While it doesn't have the best backlighting, it has excellent sound quality and the TV itself can be easily paired with a sound bar and all of Sony's other great TV accessories to enhance its performance.

3. Best Mid-Size: Samsung TU7000

3. Best Mid-Size: Samsung TU7000
  • Contrast enhancer fine tunes the image to best display your content
  • Game enhancer auto-adjusts for video games to reduce image lag
  • Cable clean-up design doesn’t apply to the 43” model

Key Specs

Screen Sizes Under 500: 43”
Connections: Wi-Fi, HDMI, Bluetooth, USB, Ethernet, Optical, Cable Input

Between its fantastic processor and its clever design, this Samsung model is a must-have. Even though it is the smallest available model that you will see on this list of TVs under $500, this model is still something we think you should consider. Its crystal processor delivers your 4K content with impressive speed and a clarity, and its HDR delivers a cinematic-like experience when you're watching your favourite TV shows and movies.

You can control your TV and compatible devices with a remote that recognizes your other devices as soon as you connect them. You’ll feel like you’re part of the film you’re watching. A borderless design and game-enhancing mode also get you immersed in the action when you are ready to play. Get the most out of voice controls with Alexa or your Google Assistant.

4. Best Picture: LG UN7000

4. Best Picture: LG UN7000
  • Upscales older content to 4K
  • Alexa and your Google Assistant work with this TV
  • Airplay two compatible for casting from devices
  • The stand gives the impression the TV is leaning forward.

Key Specs

Screen Sizes Under 500: 43” / 49”
Connections: Wi-FI, USB, Ethernet, HDMI

LG is a name often associated with excellent TVs, so it’s not a surprise to anyone that they would be included on this list. LG's UHD TV’s processor can enhances colour, contrast, clarity and detail. Whether you're enjoy your daytime soap operas or you're playing your favourite video games for hours on end, this is one of the best TVs on this list, when it comes to picture. LG’s Quad Core Processor paints images, action, and colour in our best possible light from source to screen. What's more, its Active HDR supports a wide range of formats for scene-by-scene picture adjustment, including HDR10 and HLG.

Featuring the latest streaming apps like Disney+, Prime Video and the Apple TV app, it also comes with Netflix and LG channels. Its navigation platform is also super easy to use, making it easy to find your favourite TV shows, rising stars and personalized recommendations.

5. Honourable Mention: Caixun EC50S1UA

5. Honourable Mention: Caixun EC50S1UA
  • Google Assistant built-in
  • Chromecast built-in for wireless media streaming
  • Netflix and YouTube buttons in remote
  • Bluetooth connection can be spotty

Key Specs

Screen Sizes Under 500: 24” / 32” / 43” / 50”
Connections: Wi-Fi, HDMI 2.0, USB, Ethernet, Optical, Bluetooth

Talk about a TV with style — especially for the distracted user. If you're constantly cooking up a storm in the kitchen and find yourself going to and from the kitchen while cooking to watch your favourite soap opera or TV series, this is the TV for you. It has a 178° visual angle that allows you to see the colour and display. How many of us have slide across the floor with a spatula in hand, trying to catch a glimpse of a final sports play or scene? Well, this TV will give you a side-angle view of its surface, even if you're not directly in front of it.

Naturally, it has all of the top apps and games available right on your TV's built-in platform. It even has 8GB storage for all your app downloads, including all your favourites like Netflix, Prime, Disney+, Crave, and more. But a key selling feature with this TV is its sound quality, which is better than some of the competition. With fully enriched and powerful sound effect, Dolby Audio makes sound pop from the TV, and the Caixun also comes with Chromecast built-in as well, so you add easily connect the TV to Google Home Max or Nest speakers.

Screen Size and Pricing

You’ll notice that in our efforts to find the best inexpensive TVs, no model exceeds 55” in size. This is very simply because TVs are quite technologically advanced, and so the larger the screen, the more pieces of the puzzle you need, and all of these pieces add up to a higher cost.

However, a 55” TV, it is pretty well perfect for the average consumer. Those who are looking for upwards of 65” displays tend to be a specific kind of viewer, someone maybe looking to set up a large home theater.

Operating Systems

There are two popular Smart TV operating systems: Roku TV and Android TV. Roku is a favourite because its user interface is very straightforward and easy to use, plus you can use your smartphone in tandem with your TV as a controller.

Android TV, however, has more devices with which it integrate, such as Amazon Alexa and Google Home devices. What can this look like? If you have Amazon Echos or Google Home devices, you can create things like “movie watching” presets where with one voice command, your TV turns on to the perfect volume, the lights dim down, etc.

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