5 Best Projectors Under $500 [2020 update] - ConsumerHelp Guide
Best Projectors Under $500

5 Best Projectors Under $500 [2020 update]

Best Projectors Under $500

If you’re a movie buff, you know how important a good projector is for the perfect screening experience. That’s why we’ll be assessing the many projectors in the market so that you can get your hands on the best projectors under $500.

Top 5 Best Projectors Under $500

The top 5 projectors on the market for our budget will be discussed below. By the end of this list, you’ll be sure to find yourself the right fit.

1. Optoma HD143X

The Optoma provides incredibly sharp images, coming in at 1920×1080 resolutions. The images are further made crisp and clear because of how the projector deals with the film’s colours.

It uses high contrast, reference display mode, and RGB to bring the colours to life, even in the most well-lit environments. It uses 3000 lumens, which fully lights up the room with its projections.

You can expect the Optoma to last 12,000 hours, with an average of 4 hours use time per 8 years. This alone is why it’s so great, making the Optoma the best projectors under $500.

Moreover, you can attach the device to almost anything as it comes with HDMI and USB capabilities, letting you hook the projector to any gaming console or laptop.


  • Easy to use
  • Easy to set up
  • Superior picture quality
  • Bright projections


  • Limited keystone
  • Limited zoom

2. ViewSonic PA503W

The Viewsonic provides a longer lamp time than the Optoma, coming in at 15,000 hours.

Although it produces high quality images, at HD. It offers a lesser resolution than its counterpart as it’s projections are only 1280×800.

Whatever it projects is high in contrast as well, with a dynamic contrast ratio of 22,000:1.

Moreover, you can expect well-lit images as the Viewsonic utilizes 3600 lumens.

In terms of connectivity, you can plug it into anything as it comes with HDMI and VGA capabilities.


  • Great brightness
  • Superb picture quality
  • Easy to set up


  • Can be difficult to use as options aren’t documented well
ViewSonic 3600 Lumens WXGA High Brightness Projector for Home and Office with HDMI Vertical Keystone and 1080p Support (PA503W),White
BIG SCREEN PROJECTION: Projects 120 inches from 15-feet 8-inches in 3600 lumens; LONG LAMP LIFE: SuperEco Mode allows the lamp to shine bright for up to 15,000 hours

3. Optoma HD142X

Optoma is a leading brand when it comes to projectors. This model is just as great as the offering in the number one spot, giving it a run for its money.

Here’s why:

The projector comes with 3D projection, making viewing experiences superb, especially if you’re planning on using the device to game or watch movies.

It also produces HD images, with 1080p(1920 x 1080) along with 3000 lumens making the projections bright enough to be seen even in the most well-lit rooms.

It offers high contrast with a dynamic contrast ratio of 23,000:1 .

The projector has an extended lamp life of 10,000 hours letting you use it for 2 hours every day for 10 years without a problem.

Unfortunately in terms of connectivity, it only offers HDMI.



Optoma HD142X 1080p 3000 Lumens 3D DLP Home Theater Projector
Screen Size Range: 66-inches from 8 feet; 107-inches from 12 feet; Contrast Ratio: 23,000:1; Keystone Correction: Yes, Lens Shift: No

4. Epson Home Cinema Projector

Epson is a leading brand in the projector industry, so it is no wonder this model snags a spot on this list.

If you purchase this projector, you can expect a 1080p resolution with 1920 x 1080 pixels. Although crisp and clear, what makes this projector so great is that it offers widescreen HD entertainment as the images can be made up to 25x larger!

Of course, it is quite bright, utilizing 3100 lumens. Along with great brightness, it offers ample contrast as the project has a dynamic contrast ratio of 15,000:1.

Although it offers an HD resolution, its display technology is LCD.

In terms of connectivity, you can hook up an HDMI cable to this Epson product.


  • Widescreen entertainment
  • Good image quality
  • Good contrast


  • Only HDMI connectivity
  • LCD display

5. ViewSonic PX700HD

If you want a projector for gaming, this is for you. It offers one of the best projections from the models on this list as it uses 3500 lumens with 1080p resolution images.

That’s not all, it also utilizes SuperColor technology, providing an incredibly vivid experience.  Along with this, a dynamic contrast ratio of 12,000:1 is used.

Moreover, it offers connectivity to 2 HDMI cables and a USB A port.


  • Great connectivity
  • Very vivid projections
  • Great lamp life
  • Good for gaming


  • Considerably heavy
  • Rainbow effect can take place
ViewSonic 1080p Projector with 3500 Lumens DLP 3D Dual HDMI and Low Input Lag for Home Theater and Gaming (PX700HD)
LONG LAMP LIFE: SuperEco mode allows the lamp to shine bright for up to 15,000 hours; INCLUDED IN THE BOX: PX700HD 1080p Projector, Power Cable, and Remote Control

Things To Know When Buying A Projector

Now let’s discuss the essentials that will help you make the best possible purchase.

Different Types Of Projectors

In terms of projectors, there are 2 majors types on the market. They are:

LCD Projectors

These use an LCD panel to pass light through it, controlling the intensity of the colours that are used. Thus, the vividness of the projection.

It does this by using polarized mirrors that separates light into different colours.

DLP Projectors

Most of the projectors on this list are DLP. This means they have a myriad of chips inside them, each reflecting light.

The chips break down light into different colours that pass through. At the end of the day, the images produced are much clearer and crisper than its LCD counterpart.

The Main Features Of A Projector

If you’re buying a projector, you should be aware of these features as they can help you determine how good it is.


If you want projections that are well lit, even in the brightest rooms, you need one that has a great lumen value.

For example, one that has 3600 lumens produces images brighter than a 3000-lumen projector.


You need to attach the projector to a media device to project an image onto the screen.

The more types of connectivity present, the more types of devices you can hook the projector to.


The higher the contrast ratio, the more vivid the images you’ll get.

Things To Look For When Buying A Projector

We’ll be going through tips you should know about, so keep reading.

Lamp Life

Look for a projector that has a long extended lamp life, as this will make your purchase a great investment no matter how expensive it is. Plus, you’ll be able to use it for a long time.

What Are You Using It For?

If you’re using the projector for work or presentations, get one that offers the highest lumen count since the environments you’ll use the projector in will be well lit.


If you’re constantly on the move, a projector that is smaller is the best choice for you.


Get a DLP projector if you want crisper images.


The mentioned projectors are some of the best on the market. If you want the best one for $500, get your hands on the Optoma HD143X.

This is because it has a great lamp life, crisp images, contrast, and brightness. If not, the ViewSonic PA503W is a good choice as it gives the Optoma a run for its money.

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