Get insider access
Preferred store
Your browser is not supported or outdated so some features of the site might not be available.

The 3 Best Projectors Under $500 - Black Friday 2024

Updated Sep 25, 2024 at 11:37 am
Best Projectors Under $500

Only a few good options are available if you're looking for projectors under $500. The TV market has many options under $500 that are good enough for most consumers, but the cheapest projectors tend to be small portable models, which are typically extremely dim. Still, some more affordable models can deliver a decent viewing experience, and many of them have great smart features, eliminating the need to spend more on an external streaming device. Typically, the more portable a projector is, the worse its image quality, so keep that in mind when shopping for the best projector for your needs.

We've bought and tested more than 40 projectors, and below, you'll find the best models to buy for under $500. For larger budgets, look at the best home projectors and the best projectors under $1,000. If you want to take your projector outside, consider the best outdoor projectors instead. You can also vote on which ones you want us to purchase and test.


  1. Best Projector Under $500

    The BenQ TH671ST is slightly more than $500, but when it's on sale, it's easily the best projector under $500. It's well-rounded, although its brightness is only mediocre; good enough for dimmer rooms, but it looks washed out in well-lit rooms. The unit's decent contrast and wide color gamut emphasize its satisfactory dim room performance, giving off a punchy image in the right viewing conditions. Furthermore, its pre-calibration accuracy is great out-of-the-box, so you can start watching your favorite content without being worried about whether your projector is respecting the content creator's intent. Finally, it's a short-throw projector, so it can project a 60-inch image from about three feet away and up to a 180-inch image from roughly nine feet, making it ideal for smaller spaces or for placing the projector closer to the screen or wall.

    However, it does lack some important features, like built-in Bluetooth, Wi-Fi, or a smart OS, although it does have a USB Type-A port for power delivery; this lets you easily connect a streaming dongle to the unit. Regarding connectivity, it offers two 1080p @ 60Hz HDMI ports and a VGA port. The second HDMI port supports MHL, allowing you to connect your phone or tablet directly for streaming, which is handy given the absence of a USB data port. Overall, this projector is a well-rounded option for its price, even if it's typically sold for above $500.

    See our review

  2. Best Value Projector Under $500

    Hoping to get a cheap projector to use in a brighter room? Look no further than the Epson EpiqVision Flex CO-W01, which is sold for under $500 even when not on sale. It projects an extremely bright 1280 x 800 resolution image that is perfect for well-lit rooms, like a bright office. It's also a fine projector to watch content as its bright image makes content pop in moderately lit rooms. Unfortunately, the projector's contrast is poor, so it's not an ideal choice for a dark home theater room; instead, stick to rooms with a few lights, and you won't notice the unit's raised blacks. Thankfully, its color accuracy is decent out of the box and is certainly good enough for most people.

    Like the BenQ TH671ST, it lacks any smart OS and doesn't have Wi-Fi, so an external streaming dongle is a must. It has a USB-B port through which you can project some audio and video files directly from a PC, and you can also project a few file formats through the unit's USB-A port. It only has one HDMI port, so you can't connect multiple HDMI devices to the projector unless you're using a dock. Ultimately, the EpiqVision Flex CO-W01 is one of the best value projectors you can get.

    See our review

  3. Best Portable Projector Under $500

    If you're looking for a cheap projector that you can easily carry around, check out the XGIMI MoGo 2. The MoGo 2 is a very small projector and weighs only 2.4 pounds, so you can easily throw it into a backpack. While it doesn't have an internal battery like some other more expensive portable projectors, it does support external charging via power banks through its USB-C port. It has many image correction features, like full auto keystone, autofocus, intelligent screen alignment, and obstacle avoidance. To round up the package, it has the Android TV 11 smart interface, Chromecast and AirScreen support, and Wi-Fi 5 and Bluetooth 5.0 capabilities.

    Unfortunately, the projector is very dim. You need to turn off all the lights to get a pleasant image, and even then, it's not exactly the most vibrant viewing experience possible. Its contrast is mediocre but good enough to provide a passable dark room viewing experience. It also has a wide color gamut and HDR support but isn't bright enough to take advantage of them. Ultimately, if portability is what you're looking for and you don't care so much about image quality, then the MoGo 2 is the best option at this price point.

    See our review

Notable Mentions

  • Epson EX3280: The Epson EX3280 is a good productivity projector. It's very bright and has excellent color accuracy, but it projects a 1024 x 768 image, which is a 4:3 aspect ratio. That's a great aspect ratio for work, but the wider and more common 16:9 or 16:10 aspect ratios are better for watching movies. The Epson EpiqVision Flex CO-W01 is more versatile due to its 16:10 aspect ratio and is cheaper than the EX3280. See our review
  • Epson Home Cinema 1080: The Epson Home Cinema 1080 is sold for a bit above $500 when not on sale, but it's one of the brightest projectors at its price point, and it's noticeably brighter than the BenQ TH671ST. Still, the BenQ has a bit more to offer with its wider color gamut, better contrast ratio, and short-throw capabilities. It's close, however, and the Epson is better than the BenQ if you're mostly going to be using your projector in a brighter room. See our review
  • XGIMI MoGo 2 Pro: The XGIMI MoGo 2 Pro is better than the XGIMI MoGo 2, but it's not worth the price difference. The Pro projects a sharper 1080p image than the cheaper MoGo 2, but it comes at the cost of a slight reduction in brightness. The Pro is also significantly less accurate than the MoGo 2, and while it has much better contrast, the base MoGo 2 is the superior value overall. See our review

Recent Updates

  1. Sep 25, 2024: Verified our picks for accuracy and consistency and ensured they're all still widely available.

  2. Aug 27, 2024: The BenQ TH671ST is now the 'Best Projector Under $500' due to its versatility, image accuracy, and wide color gamut. The brighter Epson Home Cinema 1080 is now in the Notable Mentions.

  3. Jul 30, 2024: Added a few links to some of our other recommendation articles, and updated the text in a few of our picks.

  4. Jul 02, 2024: Adjusted our text to better match our current test bench and made sure that our picks are still readily available for purchase.

  5. May 03, 2024: Verified that our picks are still widely available.

All Reviews

Our recommendations above are what we think are currently the best projector models under $500 to buy for most people. We factor in the price (a cheaper projector wins over a pricier one if the difference isn't worth it), feedback from our visitors, and availability (no projectors that are difficult to find or almost out of stock everywhere).

If you'd like to do the work of choosing yourself, here's the list of all our reviews of projectors available under $500. Be careful not to get too caught up in the details. While no projector is perfect, many are good enough for most uses; however, avoid the worst models to ensure adequate quality.