Finding a great iPhone that won't break the bank can be difficult. But with the right research and knowledge, you can find an iPhone that has all the features you need without breaking your budget. In this blog post, we'll review the top 5 best iPhones you can get for under $500. Whether you're looking for a new phone for yourself or for a family member, you'll be sure to find a phone that fits your needs and budget. So read on to find out which iPhones made the list!

1) iPhone SE (2020)

The iPhone SE (2020) is the perfect option for those looking for a top-notch iPhone on a budget. This smartphone was released in April 2020 and features Apple’s A13 Bionic chip, which is the same processor found in the iPhone 11. The A13 Bionic chip makes the phone fast and reliable, perfect for gaming and streaming. Additionally, the SE (2020) offers a 4.7-inch Retina HD display and Touch ID, making it a great choice for those who prefer a smaller device. With its 12-megapixel camera and long battery life, this iPhone is an excellent choice for a budget of $500 or less.

2) iPhone XR

If you’re looking for a great iPhone at a reasonable price, then the iPhone XR is a great choice. The XR offers a great balance between price and performance. It has a 6.1-inch Liquid Retina display that makes watching videos and playing games a truly immersive experience. It also has an A12 Bionic chip that provides smooth multitasking and better battery life.

 On top of all that, the XR features a 12MP wide-angle camera and a 7MP front-facing camera which take excellent photos and videos. With 64GB of storage, the iPhone XR offers plenty of space to store all your photos, videos, and music. All in all, the iPhone XR is an excellent option if you’re looking for a quality phone that won’t break the bank.

3) iPhone 11

The iPhone 11 is one of the most popular iPhones on the market right now. It boasts a 6.1-inch all-screen LCD multi-touch display, making it great for streaming and playing games. It's powered by Apple's A13 Bionic processor, making it incredibly fast and responsive.

 Additionally, it has dual rear cameras that can take sharp pictures and video even in low light settings. The battery life is also impressive, lasting up to 17 hours when used with a cellular network or up to 10 hours when used with WiFi. With its wide array of features and capabilities, the iPhone 11 is an excellent choice for anyone looking for an iPhone under $500.

4) iPhone 11 Pro

The iPhone 11 Pro is one of the most powerful and luxurious iPhones available today, and it's also surprisingly affordable. The device features a stunning 5.8-inch Super Retina XDR OLED display with HDR and Dolby Vision support, as well as a premium stainless steel chassis and IP68 water-resistance rating. The device is powered by Apple's latest A13 Bionic chipset, and it comes equipped with either 64GB, 256GB, or 512GB of storage.

On the back of the device, you'll find an impressive triple-camera system that includes a 12MP wide-angle lens, a 12MP telephoto lens, and a 12MP ultra-wide lens. This setup is capable of capturing impressive photos and videos in almost any lighting conditions. On the front, there's a 12MP TrueDepth camera for taking selfies and recording 1080p video at 60fps. 

Other features of the device include Face ID facial recognition, wireless charging, stereo speakers, and more. The iPhone 11 Pro also runs on iOS 13, and it's compatible with all major US carriers. If you're looking for a premium device with plenty of features, the iPhone 11 Pro is worth considering.

5) iPhone XS

The iPhone XS is the pinnacle of Apple’s flagship iPhones. Featuring an advanced A12 Bionic chipset and a stunning 5.8-inch Super Retina OLED display, the iPhone XS is the most powerful iPhone available for under $500.

The A12 Bionic processor allows for lightning-fast multitasking and high-end gaming, as well as smooth and efficient performance. The Super Retina OLED display also offers true-to-life colors and HDR capabilities for an immersive viewing experience.

In addition to its impressive features, the iPhone XS also has some great features for photography enthusiasts. Its dual 12-megapixel rear cameras provide wide-angle and telephoto capabilities and the TrueDepth front camera supports portrait mode and facial recognition.

The iPhone XS may be on the pricier side of phones you can get under $500, but it's well worth the investment. With its superior design and advanced hardware, you won't be disappointed.