If you have a budget of $500 for a projector, you can get good entry-level projectors with good brightness, resolution, and color performance. In this guide, we select a list of the best projectors under $500 for you, helping you to make a wise decision.

Top 5 Best Projectors Under $500

Epson EX3280

Price: $499 |Resolution: XGA (1024 × 768) |Brightness: 3,600 lumens |Screen Size: 30″–350″

As we all know, Epson is an established projector brand, whose projector product quality is reliable and stable. Epson EX3280 is one of the few Epson projectors under $500. The projector is very cost-effective in view of its 3LCD technology and 3,600 lumens. Epson EX3280 has a large contrast of 15,000:1, bringing more details to the image.

The projector is compatible with 4K, which is suitable for home theater use. It is equipped with an HDMI interface, which supports versatile connections for Fire TV, Apple TV, Roku, and Chromecast.

Projector ModelProsCons
Epson EX32803LCD Display technology
High brightness
High contrast
Easy setup
Giant screen size
Relatively short lamp life

Optoma W400LVe

Epson EX3280

Price: $479 |Resolution: WXGA (1280×800) |Brightness: 4,000 ANSI lumens |Screen Size: 32.24″ ~ 299.53″

Optoma W400LVe is a good projector for under $500 for commercial conference and educational use. Of course, you can also use it for home theater. It is rated at 4,000 ANSI lumens, which can project bright images even though you are using the projector during the daytime.

The projector has a dynamic contrast of 25,000:1 and WXGA (1280×800) resolution, which can project clear images with rich details.

It is equipped with rich interfaces, including HDMI, USB, and VGA, which are compatible with various devices, including USB flash drives, computers, TV sticks, and more. Optoma W400LVe supports 3D, and you can use the projector to play 3D videos.

Projector ModelProsCons
Optoma W400LVeHigh brightness
Good Images
Large contrast
Giant screen size
3D
Relatively short lamp life

BenQ MW560

BenQ MW560

Price: $499 |Resolution: WXGA (1280×800) |Brightness: 4,000 ANSI lumens |Screen Size: 64.93″ – 150.00″

BenQ MW560 is a good projector for commercial presentations and conferences. The projector is rated at 4,000 ANSI lumens, which can provide bright images without closing the curtains.

The projector has 1280×800 resolution and dynamic contrast of 20,000:1, bringing crisp images. It supports 3D, satisfying various projection requirements and scenarios. It is equipped with various interfaces, including 2 HDMI interfaces, and USB interfaces, enabling users to connect to different external devices.

Projector ModelProsCons
BenQ MW560  High brightness
Sharp images
Multiple interfaces
3D
Metal Halide bulb

Anker Nebula Capsule Max

Anker Nebula Capsule Max

Price: $469.99 |Resolution: 1280×720  |Brightness: 200 ANSI lumens |Screen Size: 40”-100”

Anker Nebula Capsule Max is a smart projector with an Android system, which is suitable for home use and camping. You can download various streaming Apps directly via the projector. It has an LED light source, which can last 30,000 hours.

It has 720P resolution and 200 ANSI lumens, whose image is clear enough at night. Anker Nebula Capsule Max supports Wi-Fi and Bluetooth, bringing convenient wireless connections. The projector can be controlled by your phone via the Nebula Connect app. It supports Airplay and Miracast, providing convenient screen mirroring for both Android phones and iPhones.

The projector also has a built-in battery and 16G memory, meaning that you can download videos and play videos outdoors without connecting the projector to the power socket.

Projector ModelProsCons
Anker Nebula Capsule MaxAndroid system
Smart features
Wireless connectivity
Built-in battery
16G memory
Long lamp life
Lower brightness  

XGIMI MoGo Pro

XGIMI MoGo Pro

Price: $499 | Resolution: 1920X1080(1080P) | Brightness: 300ANSI lumens |Screen Size: 60”-120”

XGIMI MoGo Pro is also a smart projector. It features 1080P resolution, bringing sharp images and an excellent viewing experience.

The projector is powered by Android TV and accessible to 5,000+ apps, for example, YouTube, and Disney+. It has a built-in Chromecast, providing convenient screen mirroring from Android phones and iPhones. XGIMI MoGo Pro has a built-in battery that can last at most 4 hours for one charge. If you are using it for listening to music, the projector can last about 8 hours. With 16G memory, the projector enables users to download more content. The projector supports Wi-Fi and Bluetooth, bringing convenient wireless connections.

Projector ModelProsCons
XGIMI MoGo Pro1080P resolution
Wireless connectivity
Built-in battery
Android TV
16G memory
Google Assistant
3D
Lower brightness

How to Choose the Best Projector Under $500?

If you have a budget of $500, the available projector options are rich and various.

In terms of resolutions, a projector under $500 generally has 720P resolution or 1080P resolution. Of course, a projector with 1080P resolution is preferred.

In terms of the light source, a projector under $500 may be an LED projector or a lamp-based projector. If you pay more attention to the brightness, you can choose a lamp-based projector. If you don’t want to replace the lamp frequently, you can choose an LED projector which generally lasts more than 20,000 hours.

 Best Projector Under $500

In terms of display technology, the projectors under $500 are mostly LCD, 3LCD, or DLP projectors. Among the 3 types, 3LCD and DLP are better options in view of their overall performances.

For system, most smart projectors have a built-in Android system but some projectors have no smart system. If you want to use YouTube or other video Apps directly, you need to pick a projector with a built-in Android TV system. Provided the projector price is under $500, you can choose a projector that has 1080P resolution and 3LCD or DLP technology with a smart system.

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