Lenovo Gaming Chromebook 16 sitting on a table with an Xbox controller

When you’re on the hunt for the best laptops under 500 bucks, there are two important words to keep in mind: “Buyer beware.”

Many popular gadgets have wildly inflated prices, but in the highly competitive laptop market, you get what you pay for. And that means it can be very dangerous to buy cheap laptops. Choose wrongly, and you’ll be stuck with a slow, outdated computer that causes more problems than it solves.

Mashable has previously tested some of the best cheap laptops overall, but if $500 is your upper limit, then you’re going to be priced out of some popular budget laptops. Even so, there are some great computers inside your budget.

close-up view of Chromebook with "Intel Inside" sticker
Testing the Samsung Chromebook 4.
Credit: Timothy Beck Werth / Mashable

A quick guide to laptop pricing

Our favorite cheap Chromebook can be yours for just $159, while our favorite gaming laptop will set you back $2,099. And in our guide to the best laptops in general, you’ll find machines for every budget. So, how much should you plan on spending?

Typically, laptops fall into one of the following categories:

  • Chromebooks ($150-$650): These computers have minimal storage and are designed to run web applications. They’re light, portable, and very affordable.

  • Budget laptops ($250-$750): Even the best cheap laptops won’t have the most impressive specs, but they should have enough RAM and storage for everyday use at school or work.

  • MacBooks ($750-$3,500): The cheapest MacBook worth buying (the always-popular M1 MacBook Air) will set you back $750, while a fully specced-out MacBook Pro can cost as much as $3,500.

  • Ultrabooks ($1,000-$3,500): These high-end laptops have enough processing power to handle tasks like photo and video editing. They typically have a sleek and modern aesthetic, too. MacBooks also fall into this category.

What are the best laptops under $500 in 2024?

Below, we’ve put together a detailed guide of our best budget laptop recommendations. The right laptop will vary depending on your needs and budget, but our overall top pick is the Acer Aspire 5. We’ve also gathered computers that are great options for school, work, and personal use.

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