BEST SMART TVs REVIEWS GUIDES & INSIGHTS

In 2024, you no longer have to break the bank to get a high-quality smart TV. With technological advancements, affordable options offer impressive features like 4K resolution, HDR support, and seamless streaming experiences. Whether you’re upgrading your living room or looking for a secondary TV for a bedroom or office, this guide to the best budget smart TVs under $500 will help you make an informed decision.

Here’s a detailed look at some of the best smart TVs that deliver great performance while staying within budget.

1. TCL 5-Series Roku TV (S555)

Best for: Overall Value

TCL continues to dominate the budget TV market, and the 5-Series Roku TV (S555) is no exception. Priced well under $500, this 4K TV offers Quantum Dot technology for richer, more vibrant colours, as well as Dolby Vision for an enhanced viewing experience. The built-in Roku interface makes streaming effortless, providing access to popular platforms like Netflix, Hulu, and Disney+.

Pros:

• Quantum Dot for improved colour accuracy
• Dolby Vision and HDR10+ support
• Easy-to-use Roku TV interface

Cons:

• Lacks HDMI 2.1 for next-gen gaming
• Limited brightness compared to higher-end models

Verdict: The TCL 5-Series is an excellent option if you’re looking for a TV that provides an outstanding balance of features and affordability. Its colour accuracy and intuitive interface make it one of the best smart TVs under $500.

2. Hisense U6H ULED

Best for: Picture Quality

When it comes to budget TVs, Hisense is known for packing premium features into affordable models. The U6H ULED series is no different. For under $500, this TV delivers stunning 4K resolution and Dolby Vision HDR, ensuring sharp images and brilliant colours. The ULED technology helps with contrast, making this TV a top contender for picture quality in the budget category.

Pros:

• ULED technology for enhanced contrast
• 4K resolution and Dolby Vision
• Google TV integration for easy access to apps

Cons:

• Limited local dimming zones
• Average audio performance

Verdict: For those seeking exceptional picture quality without the hefty price tag, the Hisense U6H is a top choice in the best budget smart TVs list. The inclusion of ULED technology makes it a standout at this price point.

3. Vizio V-Series (V505M-K09)

Best for: Entry-Level Users

The Vizio V-Series is perfect for anyone looking to get into the world of smart TVs without spending too much. Priced well below $500, this TV offers essential features like 4K resolution and HDR support. While it lacks some of the more advanced technologies found in premium models, it delivers solid performance for casual viewers. Vizio’s Smart Cast platform is built-in, allowing for streaming directly from your favourite apps.

Pros:

• Very affordable
• 4K HDR support
• Supports Apple Airplay and Chromecast

Cons:

• Basic brightness and contrast
• Limited app selection compared to other platforms

Verdict: If you’re on a strict budget and just need a TV that gets the job done, the Vizio V-Series provides solid performance at a very attractive price. It’s one of the top budget smart TVs under $500 for first-time buyers.

4. Amazon Fire TV 4-Series

Best for: Streaming Integration

Amazon’s Fire TV 4-Series is another affordable option that integrates Amazon’s Fire TV platform. Available for under $500, this TV delivers 4K UHD resolution and supports HDR10, ensuring clear and vibrant picture quality. The built-in Fire TV interface provides easy access to a vast library of streaming services like Prime Video, Netflix, and YouTube. The voice-controlled Alexa feature is also a handy addition, making this TV stand out among budget options.

Pros:

• Built-in Fire TV platform
• 4K UHD resolution with HDR10
• Alexa voice control integration

Cons:

• Average brightness and contrast
• Limited Dolby Vision support

Verdict: If you’re already in the Amazon ecosystem and want a TV that easily integrates with Alexa and Fire TV, this model offers great value. It’s a great choice for cord-cutters and streaming enthusiasts looking for budget smart TVs under $500.

5. Insignia F30 Series

Best for: Basic Features at a Low Price

The Insignia F30 Series is one of the most affordable 4K smart TVs on the market. Although it lacks some of the premium features found in other budget models, it’s perfect for anyone who needs a simple TV for streaming and casual viewing. This TV is equipped with 4K UHD resolution and features the Fire TV operating system, providing access to all major streaming services.

Pros:

• Extremely budget-friendly
• 4K UHD resolution
• Fire TV platform with Alexa integration

Cons:

• Basic picture quality
• Lacks advanced HDR formats like Dolby Vision

Verdict: If you’re looking for one of the cheapest smart TVs that still delivers 4K resolution and smart features, the Insignia F30 Series is an excellent choice for secondary rooms or casual use.

Key Factors to Consider When Buying a Budget Smart TV

Before choosing the best smart TV under $500, there are several key factors to consider:

1. Screen Size: At this price point, you can typically find smart TVs ranging from 43 to 55 inches. Choose the screen size based on the size of your room and viewing distance.
2. Resolution: All of the TVs in this list feature 4K resolution, which is now the standard for smart TVs. This ensures that you’re getting sharp images and vibrant colours.
3. HDR Support: High Dynamic Range (HDR) improves contrast and colour accuracy, making your content look more lifelike. While most budget TVs offer HDR10 support, only some include Dolby Vision, which is more advanced.
4. Operating System: The built-in smart platform is a crucial aspect of your smart TV experience. Roku, Google TV, Fire TV, and Vizio’s Smart Cast are the most popular systems in this price range. Each has its pros and cons, so choose based on your familiarity with the platform and available apps.
5. Audio: Budget TVs often come with basic speakers, so if sound quality is important, consider pairing your new TV with a soundbar for an enhanced audio experience.
6. Connectivity: Check the number of HDMI ports and whether the TV supports HDMI ARC (Audio Return Channel), which is useful if you plan on connecting external speakers or sound systems.

Final Thoughts

In 2024, it’s easier than ever to find a smart TV that offers high-end features at a budget-friendly price. From the feature-rich TCL 5-Series to the affordable Insignia F30 Series, there’s a TV for everyone, whether you’re an avid streamer, gamer, or casual viewer. By keeping your needs and budget in mind, you can find the best budget smart TV under $500 that meets your expectations without compromising on quality.

With so many excellent options available, upgrading your home entertainment system doesn’t have to cost a fortune. Happy shopping!