Top 10 Best Projectors under $500 in 2021 – [Newest Models]

Projectors are rapidly becoming standard fixtures in companies and schools. Whether it is a conference or corporate meeting, a classroom for education, or for entertainment, projectors are widely used these days. If you want to make your presentation experience better, then you should invest in the best projector that offers high-quality images. However, finding the best projector under $500 can be a daunting task sometimes. To make it easy for you to choose the best budget projector we have compiled a list of the best projectors under 500 dollars to buy in 2021.

To create this list, we’ve gone through all home projectors available in the market and narrow down some best projectors that will give the best value for your hard-earned money.

Before proceeding further, here’re a few things you need to know to before buying a projector.

Best Projectors Under 500 Dollars in 2021

1. ViewSonic PA503W Best Choice – Latest Model

ViewSonic PA503W 3600

  • Resolution – 1280 x 800
  • Throw Ratio – 1.55~1.70
  • Contrast Ratio – 22,000:1
  • Image Brightness (Lumens) – 3,600
  • Display Technology – DLP
  • Connectivity – HDMI, VGA, Composite Video

ViewSonic PA503W is one of the most versatile projectors with many advanced visual features making it ideal for education and small business environments. The projector offers a long lamp life which maximizes your view time for up to 15,000 hours. It comes with a simple setup and control so you can easily play your presentations, videos, and pictures.

It is packed with 3,600 lumens and a high contrast ratio which can produce bright images even in a well-lit environment. For connectivity, this projector comes with HDMI, VGA, and more to connect with most media players, PCs, Macs, and mobile devices.

  • Long lamp life with super eco mode
  • 2W internal speaker
  • Amazing color accuracy
  • 3D Blu-ray ready HDMI input
  • Reduced input latency of 16ms
  • Remote control has low range

2. Optoma W400LVe WXGA Projector

Optoma W400LVe WXGA projector

  • Resolution – 1280 x 800
  • Throw Ratio  – 1.55:1 ~ 1.73:1
  • Contrast Ratio – 25,000:1
  • Image Brightness (Lumens) – 4000
  • Lamp Life – Up to 15,000 hours
  • Connectivity – Wireless, HDMI, MHL, USB

This is the best budget projector from Optoma which offers many powerful features at an affordable price range. It comes with 1280 x 800 pixels WXGA resolution which is ideal for projecting everyday presentations and graphics. The projector has 4000 lumens of equal color and white brightness which delivers more accurate and vivid colors even in a bright room.

The Optoma W400LVe works with the latest laptops and media players with HDMI connectivity support. This business projector has DLP display technology which gives 3 times higher color brightness and 3 times wider color gamut. Its 10-watt built-in speaker makes it loud enough for small-to-medium classrooms and meeting rooms. If you want to buy a projector for movies, sports, and gaming but running on a tight budget then Optoma W400LVe is the best inexpensive projector for you.

  • Lightweight and portable
  • 3D capable
  • Lots of connectivity options
  • Easy to install
  • Vibrant and sharp visuals
  • Long throw distance

3. Anker Nebula Capsule Max Mini Projector

Anker Nebula Capsule Max Mini Projector

  • Resolution – 1280 x 720
  • Projection Size – 20-100 inch
  • Video Playtime – 4 hours
  • Image Brightness (Lumens) – 200 ANSI lumen
  • Display Technology – DLP
  • Connectivity – HDMI, USB, Bluetooth, Wi-Fi, and Screen Mirroring

This mini projector from Anker Nebula is another great movie projector under 500 dollars with high-end specifications. It is an incredibly portable and budget-friendly projector you can use for outdoor entertainment. It comes with a compact design and lightweight make it easy to carry around as it to install. The Capsule Max mini is featured with a built-in 8W speaker that gives you immersive audio for heightened cinematic immersion.

For connectivity, this projector comes with HDMI, USB, Bluetooth, and Wi-fi connectivity so you can project all your media on the big screen. Also, it has 200 ANSI lumens color brightness for accurate and vivid colors, especially in low-light environments. With autofocus and keystoning technology, the projector delivers an ultra-sharp image from almost any angle in under a second. The lamp life of the Capsule Max mini projector is up to 30,000 hours.

  • Outstanding sound quality
  • Small and lightweight
  • Battery lasts nearly four hours
  • Runs Android TV natively
  • Picture quality isn’t as bright

4. Epson Home Cinema 880 Best Projector for Home Theater

Epson Home Cinema 880 Projector

  • Resolution – 1920×1080 (FHD 1080p)
  • Throw Ratio – 1.21:1 (D: W)
  • Contrast Ratio – Up to 16,000:1
  • Image Brightness (Lumens) – 3,300
  • Display Technology – 3LCD
  • Connectivity – HDMI/Composite

Epson is one of the most trusted and popular brands when it comes to buying the best 3LCD projector for your work. The Epson Home Cinema 880 is one of the best business projectors as well as the best home theater projector under 500 bucks from Epson which delivers great quality at the budget price rate. It comes with a 1080pixels SVGA resolution which is ideal for projecting everyday presentations and graphics. Its 3300 lumens is both for white brightness and color brightness.

The projector supports HDMI connectivity which is standard in connectivity as it can work with single-cable connections for digital video and audio. This projector gives you maximum viewing time while minimizing the overall cost-of-use with 12,000 hours of lamp life. Overall, it’s a great 3LCD projector to buy under $500 price range.

  • High contrast ratio
  • Compact and portable design
  • No rainbow effect
  • ideal for lighting conditions
  • Built-in speaker and easy setup
  • N/A

5. Optoma HD146X

Optoma HD146X

  • Resolution – 1080p (1920 x 1080)
  • Throw Ratio  – 41.8″ – 305″
  • Contrast Ratio – 500,000:1
  • Image Brightness (Lumens) – 3,600
  • Display Technology – DLP
  • Connectivity – Wireless, HDMI, MHL, USB

Optoma HD146X is a dynamic and cost-effective Home Theater Projector which comes with many high-end features. It is a full 3D-ready projector which is best for gamers and sports fans. The projector has a brightness of 3600 ANSI Lumens with a resolution of 1080p, which is perfect for watching Blu-ray movies and playing games. With DLP technology, this projector is great for gaming platforms including Xbox One, PS4, and Sky3D.

For connectivity, you’ll get everything you want in a projector such as Wireless, HDMI, MHL, and USB connectivity. It also comes with an extended lamp life of 15,000 hours which means if you watch a two-hour movie every day, your projector’s lamp should last over 10 years. Overall, it is the best projector under $500 you can buy right now.

  • Bright image quality
  • Fast response time for gaming
  • Crisp and clear visuals
  • Easy to install
  • Ideal for home theater and gaming room
  • Fan noise isn’t the best

6. FANGOR F-701 1080P Projector

FANGOR F-701 1080P Projector

  • Resolution – 1920×1080
  • Projection Size – 35″-300″ Inches
  • Contrast Ratio – 10000:1
  • Image Brightness – 8500L (200-300 ANSI estimated)
  • Lamp Life – 100,000 hours
  • Connectivity – HDMI x 2 (Shared MHL)

FANGOR F-701 is a DLP projector that offers many high-end features under $500 price range. The projector comes with a sleek and lightweight design of anti-dust, lower noise and cooling system. It offers 1080p full-HD image quality with a brightness level of 8500 lux lumens, which is actually pretty good against competing brands.

By producing the contrast ratio of 10000:1, the F-701 produces fine details in dark and bright scenes without washout. With this projector, you can maximize big-screen thrills in minimum space as it requires mere 9.8 feet to project stunning 300” images. As this projector is based on LED technology, you won’t have to worry about buying pricey replacement light bulbs as well.

  • Bright and clear images
  • Includes keystone correction feature
  • Wireless screen mirroring
  • Comes with a carrying case
  • Affordable for streaming movies
  • Color distortion occurs in dark scenes

7. ViewSonic PX700HD Best For Gaming

ViewSonic PX700HD

  • Resolution – 1920×1080
  • Throw Ratio – 1.5 – 1.65
  • Contrast Ratio – 12,000:1
  • Image Brightness (Lumens) – 3,500
  • Display Technology – DLP
  • Connectivity – HDMI, USB 2.0 Type A, Mini USB Type B

ViewSonic PX700 is an HDMI home theater projector which offers an immersive experience with gaming and movies session. It comes with a 1080p resolution with 3500 lumens that produce bright images in nearly any environment. It comes with an exclusive SuperColor technology that offers a wide color gamut for beautiful image production in nearly any environment.

It has a long lamp life which can shine brightly for up to 15,000 hours with less power consumption. For connectivity, it supports 2 HDMI inputs and can be powered by a USB cable plugged into the USB A port. With a user-friendly design and powerful specifications, the ViewSonic PX700 is an ideal home theater projector for gaming as well as for watching movies.

  • Low input lag for gaming
  • Extensive connectivity options
  • Wide color gamut
  • Great color accuracy
  • Produce bright images in nearly any environment
  • Fan noise could be improved

8. PIQO – Most Powerful Portable Projector

Piqo Most Powerful Portable Projector

  • Resolution – 1920×1080
  • Max projection range – 240 inch
  • Operating system – Android
  • Image Brightness (Lumens) – 200
  • Net weight – 210g
  • Connectivity – HDMI, USB, Headphone jack, Bluetooth

If you are looking for a portable projector that you can easily fit in your pocket, then the PIQO projector is the ultimate solution for your multimedia experience. The projector is as portable and slim as an iPhone with a weight of just 210g. It can project up to the 240-inch screen so you can enjoy your personal home theater experience anytime, anywhere. Moreover, the projector offers 16GB of internal memory so you can access your media even when there’s no internet available.

This projector is compatible with all devices and operating systems that let you cast the content from your mobile or PC via WiFi or Bluetooth. Apart from this, PIQO offers an amazing 50 hours of life on one charge of the music. The projector also has a headphone jack so you can plug your headphones in for solo enjoyment. Overall, it’s a great portable projector with so many excellent features to buy under $500 budget range.

  • Provides bright-colored projections
  • Last lasting battery life
  • Extremely portable and versatile design
  • Onscreen control could be better

9. BenQ TH585 1080p Projector for Home Entertainment

BenQ TH685 Gaming Projector

  • Resolution – 1920×1080
  • Throw Ratio – 1.55 – 1.65
  • Contrast Ratio – 10,000:1
  • Image Brightness (Lumens) – 3,500
  • Display Technology – DLP
  • Connectivity – HDMI, USB 2.0 Type A, Mini USB Type B

The BenQ TH585 is one of the best gaming projectors you can buy around $500 price range. The projector offers you high brightness of 3500 lumens that ensures brilliant picture quality with vibrant colors. Moreover, the TH585 comes with high contrast and pixel fill factor that increases clarity for black and white images and reduces eye strain during presentations and allows you to focus on the content.

With a low input lag of 16ms, you’ll enjoy ultra-smooth gaming experiences The projector offers a long lamp life that can shine brightly for up to 15,000 hours with lamp save mode. As far as connectivity is concerned, this projector featured all essential connectivity ports including a USB Type-A, USB Type mini B, HDMI, audio in and audio out, etc. The BenQ TH585 also provides a keystone correction feature to adjusts the image for a professionally squared image in any environment.

  • 16ms low input lag
  • High brightness even in a well-lit room
  • Ideal for fast-paced action games
  • Auto keystone
  • Not the deepest blacks
  • Slight rainbow effect

10. DBPOWER RD828 – A Smart Portable Projector

DBPOWER Native 1080P WiFi Projector

  • Resolution – 1920×1080
  • Projection size – 40″-300″
  • Contrast ratio – 10000:1
  • Image Brightness (Lumens) – 8500
  • Display Technology – DLP
  • Connectivity – HDMI+USB/VGA/AV/TV BOX/DVD, Bluetooth & Wi-Fi connectivity

DBPOWER RD828 Projector is another extremely portable that is equipped with a lot of amazing features under a $500 price range. As far as the design of this projector is concerned, it has a fabric on top that gives it the feel of a modern speaker.. The projector supports 1080p video with 300″ cinema-quality images onto any surface. It offers 8500 lumens brightness, makes one of the best in its class and delivering a crisp, sharp picture in any lighting condition.

The projector offers a long lamp life that is rated to last for 1,00,000 hours. It can produce a clear image with screen sizes between 40 to 300 inches. Furthermore, this mini projectors offers an innovative 4-point keystone correction to project ideally aligned images from a variety of locations.

  • Portable and lightweight
  • Innovative 4P/4D ±50° keystone correction
  • Easy to use user interface
  • Built-in speaker with good sound
  • Wireless Screen Mirroring
  • Power cord is a little short at 5 feet
  • Blows out very hot air

Frequently Asked Questions

1. What is the best inexpensive projector?

Of the ten best cheap projectors on this list, the Optoma S334e is certainly the brightest, with an equal 3,800 lumens. This projector is simply an excellent choice for business presentations boasting 1920 x 1080 pixels SVGA resolution.

2. Are cheap projectors any good?

There are plenty of cheap projector options available as low as $60 and are worth it for the price. However, if you’re planning to run HD movies or playing moderate gaming, then we recommend you to go for projectors at least $500 or higher depending on your budget.

3. Are mini projectors worth buying?

The main advantage of having a mini projector is that it can be easily carried in a backpack or taken on a trip for a presentation. Usually, they don’t offer 4K resolution, but that won’t let you settle for low quality. Many mini projectors come with versatile connectivity options such as USB, HDMI, Micro SD, Headphone Jack, Bluetooth & Wi-Fi connectivity. Some of these projectors (like the PIQO projector) run on the Android operating system.

Final Words

These are the best projectors under $500 in 2021 based on their reviews, performance, and specifications. If you have any queries or suggestions about this review guide, let us know in the comments below!

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6 thoughts on “Top 10 Best Projectors under $500 in 2021 – [Newest Models]”

  1. Hi, I am looking for a projector within the $500 mark. What would you suggest as the best option? I am looking for a reliable product that is cheap to maintain and easily repairable or replaceable at the dealer.

  2. I picked up a BenQ HT2050 from their refurb store last month for $500 and I absolutely love it. And I’m watching in a room with no light control, projected onto a plain white wall. Sitting about 14′ away and watching a picture that’s around 130″ in 2.35:1 and 150″ in 16:9 and I think it’s amazing. Can’t imagine doing better for 500 bucks.

  3. Hi, I am looking for a projector within the $500 mark. What would you suggest as the best option? I am looking for a reliable product that is cheap to maintain and easily repairable or replaceable at the dealer.

    1. Best Buy Ninja

      If you’re looking for a cheap and reliable product under $500, then we would suggest you ViewSonic PA503W. It is easy to set up and versatile projector which comes with 3-year warranty on limited parts and labor coverage.

  4. Optima 143x is the best in this list. However don’t forget you need a mount, power in the ceiling, a long HDMI and a screen. Please list more 1080p projectors which are available in the market right now.

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