Top 5 Best Smartphones for Under $500 – August 2022

With most flagships for the year 2022 already out on the market, we can finally find some very interesting options for under $500. So, if you're looking for a high-end device but you don't have a massive budget, here you'll find the best smartphones in this price range; keep reading!

Best Smartphones for Under $500

1. Vivo iQOO Neo 6

The Vivo iQOO Neo 6 continues his streak on our top 5 as one of the most powerful smartphone on the list. The handset does indeed pack the high-end Snapdragon 8 Gen1 chipset; along 8GB of RAM and 128GB of internal storage.

The powerful chip fuels a large 6.62-inch AMOLED display with Full HD+ resolution, a 120Hz refresh rate and a 360Hz touch sampling rate.

On the photography side, the iQOO Neo 6 comes with a 64MP resolution main camera; along with a 12MP ultra wide-angle lens and 2MP B&W sensor. Meanwhile at the front there's a 16MP sensor for selfies.

Finally, the Vivo iQOO Neo 6 integrates a good size 4700mAh battery with support for 80W fast charging.

2. POCO F4 GT

Coming with the same powerful chipset, the Snapdragon 8 Gen1, we find the POCO F4 GT. The smartphone also features a quite large 6.67-inch FHD+ AMOLED panel, a refresh rate of 120Hz and a touch sampling rate of 480Hz.

Photography wise, the F4 GT by POCO comes with a total of three cameras, including a 64MP main sensor, an 8MP ultra wide lens and a 2MP macro camera. While for selfies we have a 20MP snapper.

Lastly, the POCO is fueled by a 4700mAh capacity battery with support for a whopping 120W fast charging.

Best Smartphones for Under $500

3. Motorola Edge X30

Next, we have yet another powerful flagship the Motorola Edge X30 as it boasts the mighty Snapdragon 8 Gen1 chipset.

The Edge X30 then brings a great 6.7-inch OLED display with Full HD+ resolution and a 144Hz extra high refresh rate.

As far as cameras are concerned, the Motorola Edge X30 features a 50MP main shooter paired with a 50MP ultra wide lens and a 2MP portrait camera. Meanwhile for selfies there's a whopping 60MP camera at the front.

Finally, Motorola's phone packs a large 5000mAh capacity battery with support for 68W fast charging technology.

4. OPPO K10 Pro

Next, we have the OPPO K10 Pro coming with the powerful Snapdragon 888 chipset; coupled with 8GB of RAM and 256GB of internal storage.

OPPO's K10 Pro also brings large 6.62-inch AMOLED display with Full HD+ resolution, a 120Hz refresh rate and a 720Hz touch sampling rate.

In the camera department, the K10 Pro equips a 50MP main camera; paired with an 8MP ultra wide-angle lens and 2MP macro lens. Meanwhile for selfies we find a 16MP sensor at the front.

Finally, the OPPO K10 Pro is fueled by a dual-cell 5000mAh battery with support for 80W fast charging.

Best Smartphones for Under $500

5. Redmi K50 Pro

Last but not least, we have the high performing Redmi K50 Pro powered by the formidable MediaTek Dimensity 9000 chipset.

The Redmi K50 Pro then packs a large 6.67-inch AMOLED display with Full HD+ resolution, 120Hz refresh rate and 480Hz touch sampling rate.

Photography wise, the K50 Pro equips a 108MP main sensor; paired with an 8MP ultra wide angle lens and a 2MP macro lens. At the front there's a 20MP snapper.

Finally, the Redmi K50 Pro is fueled by a 5000mAh capacity battery with support for a whopping 120W fast charging.

Check out our sub $300 list if you're on a tighter budget!