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The Insider Pick:
The best TV is big enough for your needs, has a high resolution, and offers some smart features. You may think that such a fancy TV will cost you thousands of dollars, but our top pick, the TCL 55-inch 4K Ultra HD Roku Smart LED TV, has all those great features and costs less than $500.
TV technology has come a long way over the past few years. Gone are the days when buying a 4K TV meant having to shell out thousands of dollars. These days, you can get a decent, large, 4K TV without going past the $500 mark.
In fact, it’s so easy to get a great TV under $500, that there are a ton of options out there. That’s why we’ve put together this guide: To help you figure out which of those affordable TVs is best for your living room.
As usual, there are a few things to consider when you’re buying a new TV. Some of them are obvious, but some of them are a little subtler.
- Resolution: The first thing you’ll want to consider is the TV’s resolution. At under $500, you can get a 4K TV, but you may not find it worth buying if you don’t have access to any 4K content. Still, it is worth considering how future-proof you want your TV to be. More and more 4K content is being released, and you’ll want to be ready to take advantage of that.
- Size: Typically, bigger is better in the TV world, but too big can be a pain. You’ll want to think about how big of a TV you want to watch on, to be sure, but you’ll also want to consider whether you actually have the space for a big TV, or if something a little more modest would work better in your home.
- Connectivity: If you have a ton of devices you want to connect to your TV, you’ll need a lot of ports on the back of the TV. Wireless connectivity may also be important. Increasingly, TVs are offering Wi-Fi connectivity and smart TV software, so you can stream without the need for an external box like the Apple TV.
Here are our top picks for the best TVs for less than $500:
Updated on 07/23/2018 by Christian de Looper: Added the Toshiba and LG TVs, updated prices, and improved formatting.
Read on in the slides below to check out our top picks.
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The best TV under $500 overall
Why you'll love it: The TCL 55-Inch 4K Ultra HD Roku Smart LED TV has a huge screen, 4K resolution, and Roku’s excellent smart TV platform.
TCL may not be the first company that comes to mind when you think of premium TVs, but at least in the budget range, TCL has the market on lock. The TCL 55-Inch 4K Ultra HD Roku Smart LED TV is, in our opinion, by far the best TV under $500. It’s big, it’s beautiful, it’s 4K, and it comes with Roku’s TV operating system.
One of the best things about the TV is that it features the Roku streaming platform, so you’ll get access to a range of apps, like Netflix, Hulu, HBO Now, and more. With Roku's easy-to-use software, you’ll be able to quickly and easily access your favorite content. In our testing, we found that Roku works great, though the included remote isn’t the best for accessing more complex TV features. It works well under normal use, though.
Around the back of the TV, you’ll find three HDMI ports, a USB 2.0 port, Ethernet port, video composite, and an optical audio output. That should be everything you need for the vast majority of situations.
The image quality on this TV is very good, but not incredible. Colors are strong, though a little less impactful than what you'd find on a $1,000+ TV. However, the contrast is decent for the price. There are TVs with a better-looking image under $500, but they’re generally quite a bit smaller and don’t offer 4K resolution, either.
All in all, the pros here far outweigh the cons. The screen is big with a 4K resolution and a decent image quality for the price.
Pros: Huge display, 4K resolution, Roku TV, excellent value for money
Cons: Image quality isn’t as good as some others, remote is a little basic
The best smart TV under $500 with Alexa
Why you'll love it: The Toshiba 55-inch Fire TV Edition TV boasts a 4K resolution, support for HDR, and more, plus it has Amazon’s Alexa built in.
Toshiba is another company that has been developing excellent budget TVs over the past few years, and the Toshiba 55-inch Fire TV Edition TV is a perfect example of that. The TV measures 55 inches, boasts a 4K resolution, supports HDR, and more. The 55-inch screen size is pretty huge, though if you think it’s too big for your space, then the TV comes in 50-inch and 43-inch models, too.
As a Fire TV Edition device, this TV comes with Amazon’s Fire TV tech built into it, so you have access to a huge range of apps and streaming services. The TV also has Alexa built right into to it, so you’ll be able to control volume, open apps, search, and so on with your voice and the microphone-enabled remote.
On the back of the TV, you’ll find a range of ports, including three HDMI ports, one USB port, one digital output, one audio output, and an Ethernet port. That should be all most people need.
There are a few downsides to this TV. For starters, the picture quality isn’t as good as some others on this list. Some reviews note that the TV offers somewhat poor black levels and slightly sub-par contrast. Still, if you’re plugged into the Amazon ecosystem, and you want a 4K TV under $500, it's a great deal.
Pros: Amazon Fire TV, Alexa built in, screen size options, affordable, 4K
Cons: Picture quality leaves a little to be desired
The TV the best picture under $500
Why you'll love it: The LG 49-inch 49UK6300PUE TV boasts a 4K resolution and support for HDR10, plus it has Google Assistant built right into it.
Voice assistants are great, but perhaps you’re more into Google Assistant than Amazon’s Alexa. If that’s you, then the LG 49UK6300PUE TV is the way to go. The TV measures 49 inches, though if you can stretch your budget past $500, there’s a 55-inch and a 65-inch version, too. For an even lower price, there's a 43-inch model.
Like many of LG’s other TVs, this one uses webOS, a TV operating system that many love for its simplicity. It supports apps like Netflix, Hulu, and many more streaming services. Perhaps even better, however, is the fact that it comes with Google Assistant built right into it, so you can use your voice to change the channel, control volume, and control other connected devices.
On the back of the TV, you’ll find a range of ports, including three HDMI ports, two USB ports, and more. The TV also supports HDR10 and has a resolution of 4K, so the picture quality should be pretty good for the price.
There are a few downsides, but not many. For starters, some buyers report that setup can be a little tricky, but apart from that, the 4-star rating on Amazon pretty much speaks for itself.
Pros: webOS, Google Assistant built in, 4K, HDR10
Cons: Some report tricky setup
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