Best Acoustic Guitar under 500

Best Acoustic Guitar under 500

More and more people seem to be getting into playing guitar. And for many new and experienced players, price is a major concern when choosing an instrument.

With many major manufacturers offering entry-level models and budget-minded offshoot brands, it's easier than ever to find an affordable acoustic guitar that still offers excellent value. In this article, we'll take you through our picks for the best acoustic guitar under 500 dollars.

Our Picks for the Best Acoustic Guitar Under 500 Dollars

Best All Around

Epiphone Hummingbird Pro


Best Electronics

Takamine GD30CE


Ibanez AW54CE -- Best Exotic Wood

Important Features

  • Okoume top, back, and sides give it a sound that's a lot like mahogany
  • Dreadnought body offers a traditional balanced sound
  • Slim neck and cutaway make it highly playable, even for beginners
  • Open-pore natural finish gives it a striking, rustic look

Pros & Cons

Pros

  • For an acoustic-electric guitar with a solid top, it's incredibly affordable
  • It's a highly playable instrument
  • Preamp gives you volume, bass, and treble controls to quickly dial in live sound
  • All-okoume build gives it a unique sound and look

Cons

  • Ovangkol fingerboard isn't quite as durable as rosewood
  • Some guitarists might think the sound of okoume isn't as good as that of mahogany

Brief Review & Star Rating

Review

When searching for an affordable acoustic guitar, it can be tough to find one with a solid top. And while the AW54CE may not be made of common wood, its solid okoume top and cutaway dreadnought body makes it an excellent learning instrument or backup guitar. Remarkably, this one is also an acoustic-electric with a Fishman pickup and an Ibanez AEQ-TP2 preamp. An ovangkol fingerboard and bridge along with simple dot inlays make it look just rugged enough to stand out. All in all, this is one of the best acoustic guitars for beginners or for players needing a solid backup guitar.

Our Star Rating

We think this is the best exotic-wood acoustic guitar on the list. We give it 4/5 stars.

Epiphone Hummingbird Pro -- Best All-Around

Important Features

  • The solid spruce top is highly responsive and sounds better with age
  • High-end touches like Grover Rotomatic tuners and a NuBone nut make it an excellent value
  • Slim-taper D neck profile makes it highly playable even if you have small hands
  • Distinctive sunburst finish and Hummingbird pickguard make it a visual standout

Pros & Cons

Pros

  • Comfortable dreadnought body and slim-taper neck make it highly playable
  • Pau Ferro fingerboard and bridge look very similar to rosewood
  • Mahogany neck, back, and sides give you a classic warm tone
  • Parallelogram inlays and hummingbirds pickguard give it a head-turning look

Cons

  • Fishman Sonicore pickup doesn't sound as natural as some higher-end models
  • The preamp doesn't include an onboard tuner, which may be a downside for some

Brief Review & Star Rating

Review

If you're at all familiar with Gibson acoustic guitars, you've likely seen the iconic Hummingbird. Now, with this affordable version from Epiphone, you can get your own version of the Hummingbird. This guitar has a solid Sitka spruce top finished in the classic faded cherry sunburst. The back, sides, and neck are mahogany, which gives it a classic warm tone.

And of course, it comes with the iconic Hummingbird pickguard. It also comes with a Fishman Sonicore pickup system for easy live sound. While the Sonicore isn't the best pickup out there, it can sound perfectly fine when run through a preamp or with a little reverb. With all things considered, this is one of the best options for acoustic guitars under $500.

Our Star Rating

We think this great-looking and great-playing guitar is the best all-around option on the list. We give it five out of five stars.

Guild P-240 Memoir -- Best Parlor Guitar

Important Features

  • The solid spruce top gives you a beautifully clear tone
  • Butterbean tuning machines and small dot inlays give it a vintage look
  • Tight, projecting sound is ideal for recording
  • NuBone nut and saddle enhance both tones and sustain

Pros & Cons

Pros

  • Pau Ferro fingerboard and bridge look like rosewood but help keep costs down
  • The understated mother of pearl rosette and Guild script logo give it a vintage-inspired look
  • Scalloped X bracing enhances resonance
  • The combination of spruce and mahogany is a classic

Cons

  • It does not come with electronics, which may be a downside if you want to perform
  • Some players might prefer the overtone-heavy sound of a dreadnought

Brief Review & Star Rating

Review

Dreadnoughts may be popular, but they aren't the only options out there. If you're a singer-songwriter or just need an acoustic guitar that's great for fingerpicking, the Guild Memoir is a great choice. This smaller parlor guitar is comfortable to play whether you're sitting or standing, and its solid spruce top with scalloped X-bracing ensures a tight tone and remarkable projection.

The back, sides, and neck are made of mahogany, which adds just enough warmth to picked or strummed notes. And a C-shaped neck feels perfect in your hand. If you prefer vintage-looking guitars, the Memoir might be perfect for you -- between its mini dot inlays, its simple rosette, and its script headstock logo, this guitar is a nod to pre-war parlor instruments.

Our Star Rating

We think that the Guild Memoir is the best parlor guitar on the list. We give it four out of five stars.

Fender Malibu Player -- Best Unique Design

Important Features

  • Solid Sitka spruce top and laminated mahogany back and sides give you a classic tone
  • The smaller body is comfortable to play with and projects nicely
  • The slim-C neck makes it play like an electric guitar for lower action and smoother playability
  • Fishman-designed preamp and pickup make it easier to plug in and play live

Pros & Cons

Pros

  • Its unusual design makes it a standout
  • Walnut fingerboard and bridge are durable and have an eye-catching grain
  • Small body, cutaway, and slim neck make it comfortable for smaller people to play
  • Given its features, it's a remarkable value

Cons

  • The Fishman pickup system is one of their lower-end models
  • Some players might prefer a more classic look

Brief Review & Star Rating

Review

Fender is undoubtedly known more for their electric guitars than for their acoustics. However, this one takes some of the design elements of electric guitars and uses them to create an acoustic-electric that's comfortably playable and easy on the eyes. This smaller-bodied acoustic is somewhere between a parlor and a concert acoustic guitar, and its slim-C mahogany neck plays more like a Strat than it does an acoustic guitar. Add in a Strat-inspired headstock, Fishman electronics, and lots of bright color choices, and you have an acoustic guitar that really breaks the mold.

Our Star Rating

We think this unusual acoustic-electric guitar has the best unique design on the list. We give it 4.5/5 stars.

Epiphone EJ 200SCE -- Best Jumbo

Important Features

  • Solid spruce top and laminated maple back and sides deliver a powerful tone
  • Fishman electronics make this acoustic-electric easy to plug in and play
  • Jumbo body style offers a powerful tone with ample projection
  • Tapered neck profile makes it great for playing both rhythm and leads

Pros & Cons

Pros

  • It sounds somewhat like the J200 but at a more affordable price
  • Included pickup and preamp let you easily shape your live sound
  • Solid top means the tone will improve over time
  • The unique tone is great for a variety of different genres

Cons

  • Some players might prefer a more traditional tonewood combination
  • The Fishman electronics aren't as clear as those in some higher-end models

Brief Review & Star Rating

Review

If you're looking for a great jumbo tone at a great price, look no further than the Epiphone EJ 200SCE. This guitar is effectively Epiphone's version of the Gibson J200. And like the J200, it has a maple back and sides for a bright, powerful tone that cuts through a mix when you need it to. Though the jumbo body might look intimidating at first, its deep Venetian cutaway gives you excellent fret access.

The maple neck has a slim taper profile, making it highly playable. And if you like guitars that stand out visually, the EJ 200SCE is a great choice. With its crown inlays on the fingerboard and nice floral pickguard design, it has plenty of vintage appeal to offer. It can be hard to find a quality jumbo guitar with decent build quality when looking at acoustic guitars under $500, but this one is an excellent option.

Our Star Rating

We think this acoustic guitar is the best jumbo when it comes to guitars for under $500, and we give it 3.5 out of five stars.

Breedlove Discovery Concert -- Best for Fingerpickers

Important Features

  • Solid okoume top gives it the look and sound of mahogany
  • A smaller concert body is great for fingerpickers
  • The slim-C neck is incredibly fast-playing
  • Laminated okoume back and sides help warm up the sound

Pros & Cons

Pros

  • Small body and makes it very comfortable to play
  • It's one of the more affordable acoustic guitars under $500
  • It's very visually distinctive
  • Ovangkol fingerboard is beautiful and durable

Cons

  • It doesn't come with electronics
  • Some players may dislike the sound of Okoume.

Brief Review & Star Rating

Review

Solid mahogany top guitars are perfect for players who like a darker, warmer tone with more mid-range than spruce. However, as mahogany becomes scarce, okoume is emerging as a tonally similar alternative. This smaller-bodied guitar has a slim C neck (the same profile found on many electric guitars) that makes for outstanding playability. The pinless bridge adds a great convenience factor, too -- it makes changing strings significantly easier. If you like the sound of mahogany but are on a budget, this is a great acoustic guitar for you.

Our Star Rating

We think that this is the best for fingerpickers on our list of acoustic guitars under $500. We give it 3.5 out of five stars.

Yamaha FG830 -- Best Value

Important Features

  • Rosewood fretboard and bridge are surprisingly high-end touches on a value guitar
  • The solid top is bright-sounding and opens up over time
  • Laminated rosewood body gives it a high-end look and great tonal support
  • The slim-waisted dreadnought body strikes a perfect balance between overtone-richness and clarity

Pros & Cons

Pros

  • High-quality chrome die-cast tuners work better than most at this price point
  • The satin neck is faster-playing than most
  • Abalone rosette gives it subtle visual appeal
  • It's an excellent value that rivals acoustic guitars that cost considerably more

Cons

  • It does not come with electronics, which may not be ideal for all players
  • Some units arrive with an occasional sharp or rough fret

Brief Review & Star Rating

Review

You already know that Yamaha makes great value acoustic guitars. The FG830 is part of the brand's renowned FG Series, which includes some of the best acoustic guitars for beginners or those on a budget. It's a dreadnought guitar with a tapered waist that makes it more comfortable to hold, and scalloped bracing ensures that you get a bright yet balanced tone.

The solid Sitka spruce top is responsive and full-sounding, and a laminated rosewood body supports a detailed tone. The neck is nato, so it doesn't quite have the warmth of mahogany. However, it has a satin finish, which is rare when it comes to acoustic guitars under $500. The satin finish makes it very fast-playing, which is a benefit for players of every level.

Our Star Rating

We think this one offers the best value of any guitar under $500. We give it five out of five stars.

Takamine GD30CE -- Best Electronics

Important Features

  • Mahogany body and neck offer classic looks and tone
  • Cutaway and slim mahogany neck make it extremely playable
  • Quartersawn X-bracing improves tone and sustain
  • Rosewood fingerboard is less prone to pitting and other issues compared to cheaper tonewoods

Pros & Cons

Pros

  • Synthetic bone nut and saddle increase sustain
  • The solid top is highly responsive and opens up over time
  • Abalone rosette and contrast binding give it classic acoustic guitar looks
  • The electronics are remarkable for this price point

Cons

  • Some units have minor quality control issues
  • The sound isn't as rich and full as some others on the list

Brief Review & Star Rating

Review

Takamine makes some of the best acoustic guitars on the market. And while most of them are fairly expensive, the brand also makes some acoustic guitars under $500. The GD30CE is one, and it's one of the best acoustic guitars for those who want a classic acoustic tone.

Its solid spruce top is supported by high-quality quartersawn bracing, and the mahogany back and sides offer a rich, warm sound. This dreadnought acoustic comes with some high-end touches including a synthetic bone nut and saddle and a rosewood fingerboard and bridge. Takamine is also known for quality electronics, and this guitar comes with a Takamine TP-4TD preamp with a built-in tuner.

Our Star Rating

We think this acoustic guitar has the best electronics on the list. We give it 4/5 stars.

Cordoba C4-CE -- Best Nylon String

Important Features

  • Solid mahogany top produces a warm, darker sound
  • Classical body with a Venetian cutaway provides great fret access
  • Included Fishman Sonitone pickup provides effortless plugged-in sound
  • Traditional fan bracing gives it a rich, nuanced sound

Pros & Cons

Pros

  • It's an excellent value and looks like much more expensive acoustic guitars
  • The C shaped neck is faster than those of traditional classical guitars
  • Gold tuners, an abalone rosette, and a stunning edge burst finish make it a head-turner
  • The mahogany back and sides, mahogany neck, and solid mahogany top gives you the perfect tone for classical or flamenco

Cons

  • The undersaddle pickup is somewhat fragile and is prone to breaking
  • Pau Ferro fingerboard and bridge aren't quite as durable or striking as rosewood

Brief Review & Star Rating

Review

Thus far, we've only looked at some of the best acoustic guitars with steel strings. But whether you play classical guitar or just want some nylon-string warmth, the Cordoba C4 CE is worth checking out. The top is solid mahogany, and the back and sides are laminated mahogany. This is a great combination for players who prefer a darker, mellower tone than what you get with spruce.

It also comes with a Fishman Sonitone pickup that's specially designed for classical guitars. Many of the best acoustic guitars with nylon strings are made with Spanish-style fan bracing, and this one is, too. And with beautiful touches like maple binding and an abalone rosette, it looks like a much more expensive guitar than it is.

Our Star Rating

We think that this is the best nylon-string guitar for under $500, and we give it 4.5/5 stars.

Taylor Baby Taylor BT1e Walnut -- Best for Gigging

Important Features

  • Ebony fingerboard and bridge look beautiful and are long-lasting
  • Expression System Baby sound professional enough to gig with
  • The combination of spruce and walnut gives you a balanced sound with just enough low end
  • Small-size dreadnought guitar is easier for smaller people to handle

Pros & Cons

Pros

  • This is one of the best acoustic guitars for the money
  • Ebony fingerboard and bridge aren't usually available at this price point
  • The unusual combination of spruce and walnut gives it a unique tone
  • It has excellent electronics

Cons

  • Some players may find the sound of this acoustic guitar to be too bright
  • Depending on your needs, you might prefer a full-size dreadnought guitar

Brief Review & Star Rating

Review

Between the Big Baby, the GS Mini, and the Baby Taylor, Taylor offers many of the best acoustic guitars for travel (or for smaller players). And when it comes to their acoustic guitars under $500, the Baby Taylor BT1e Walnut is a great one. The spruce top is solid wood, and the walnut back and sides are made of layered wood. Layered wood tends to sound more like solid wood than laminate does, but it still helps keep costs down.

The Baby Taylor also comes with Taylor's Expression System Baby electronics. This is a scaled-down version of their renowned Expression System, a behind-the-saddle pickup that sounds more natural than an undersaddle pickup. The best acoustic guitars for performers need to come with solid electronics, and this one certainly delivers. As a 3/4 size dreadnought acoustic, it's portable enough to gig with and small enough to teach a child to play.

Our Star Rating

Of the acoustic guitars for under $500, we think that this one is the best for gigging. We give it 4.5/5 stars.

Martin LX1 Little Martin -- Best for Travel

Important Features

  • The modified low oval neck profile is fast and comfortable
  • The solid spruce top gives you an excellent note definition
  • Richlite fingerboard plays like ebony but is more sustainable
  • Tusq saddle and Corian nut help improve tone

Pros & Cons

Pros

  • It has the look of a more expensive acoustic guitar
  • It's one of the best acoustic guitars for traveling
  • Hand-rubbed finish and inlaid rosette make it a very nice-looking instrument
  • Laminate back and sides are less prone to temperature-induced changes

Cons

  • Though you might expect a guitar at this price to come with electronics, this one does not
  • Some players may not like the tone of the high-pressure laminate back and sides

Brief Review & Star Rating

Review

No discussion of acoustic guitars under $500 would be complete without mentioning the Little Martin. The Little Martin is essentially Martin's answer to the Baby Taylor, as it's also a small-sized dreadnought. It has a solid top made of Sitka spruce, and the finish is meticulously hand-rubbed as it is on even high-end Martins.

However, the back and sides are made of high-pressure laminate. This is a material that Martin uses on some of its more affordable acoustic guitars. But high-pressure laminate doesn't necessarily mean build quality is compromised. For a travel guitar, it actually provides an advantage -- laminate is less prone to changes from temperature and humidity than wood, so the Little Martin is an outstanding travel guitar.

Our Star Rating

We think this little acoustic guitar is the best one for traveling on the list. We give it 4 out of five stars.

Fender FA345CE -- Best Aesthetics

Important Features

  • Auditorium body gives you the advantages of both dreadnought and concert acoustics
  • Tusq nut and saddle enhance sustain
  • C-shaped nato neck is comfortable to play with and is very durable
  • Stunning flamed maple/lacewood construction is especially beautiful

Pros & Cons

Pros

  • Tasteful inlays add to its great aesthetic
  • Cutaway and C-shaped neck make it highly playable
  • The auditorium body is very tonally balanced
  • Fishman electronics make it easy to plug in and play

Cons

  • It's made of all-laminated wood
  • The budget Fishman electronics aren't the best

Brief Review & Star Rating

Review

Whether you're a performer or just like beautiful guitars, this one from Fender is a real standout. Many of the nicest acoustic guitars under $500 aren't made with especially beautiful tonewoods, but this one has a flamed maple top that's finished in a three-tone tea burst that really shows off the grain. The back and sides are laminated lacewood. Lacewood isn't known for especially good tone, but it has a beautiful and eye-catching lace-like grain. Like many affordable acoustic electrics, this one comes with Fishman electronics.

Our Star Rating

We think this guitar is the best-looking one on the list, and we give it 3.5/5 stars.

What Should You Look for in a Guitar?

If you're looking for the best acoustic guitars in a lower price range, chances are that you may not be able to get all the features you want. That said, if you know what to look for, there are plenty of guitars offering excellent value under $500.

Look for Solid Tops

If you can afford it, a guitar with a solid top is a great investment. Solid tops tend to be more responsive, which means that they better reflect your playing dynamics. They also tend to "open up" and sound better over time.

The best acoustic guitars have tops made of solid wood. If you're just looking for something to learn on, an acoustic guitar with a laminated top is perfectly fine. But if you think guitar is something you're going to stick with, a solid top is a great choice if you can afford it.

Think About Electronics

In this price range, you can find both acoustic and electro-acoustic guitar options. But which is best? If you are just learning, you likely won't need to amplify your guitar just yet. It's also worth keeping in mind that in the under $500 range, electronics aren't likely to be spectacular. If you think you may want to perform at a later time, it may be best to get an all-acoustic guitar and install a pickup later. But if you want to plug in immediately, an acoustic-electric guitar is best.

Consider Body Style

Most acoustic guitars are dreadnoughts. This body style delivers a well-balanced tone, but it can be a little bulky for smaller players. If you want something smaller to hold, a parlor guitar may be a better fit. Smaller bodies like these also project well and are great for fingerpicking. If you want the best of both worlds, a concert-style acoustic guitar sounds somewhat like a combination of a dreadnaught and a parlor guitar.

In Conclusion

All in all, we think any acoustic guitar on this list is a good choice. But our top selection for the best acoustic guitar under $500 is the Epiphone Hummingbird Pro. With a solid spruce top, this model can offer you a superb acoustic tone. The mahogany back and sides add some warmth, too. And if you're ready to plug in and play, the included Fishman electronics make that easy to do.

We think the Yamaha FG830 is a great second choice, especially for beginners. It comes with a solid top and great-sounding scalloped bracing. It's the ideal guitar for a new player who doesn't need electronics. What do you think? Did we leave out any key models? Please let us know in the comments, and don't forget to share if you found it useful!

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