Engagement Rings Under $500

Engagement rings under $500 that don't look it. Every ring in this collection proves the point Margalit was built on: a breathtaking proposal doesn't require a mined diamond or a five-figure price. These are our most-loved engagement rings under $500 — dazzling ovals, elegant emerald cuts, romantic pear shapes and classic princess cuts, all set with brilliant man made stones on solid 925 sterling silver or gold. From celebrity-inspired styles to classic designs, each ring offers brilliant sparkle and affordable luxury. Each ring is made to order, designed to be worn every day without tarnishing, and arrives in our signature FSC-certified packaging with free worldwide shipping — and free resizing within 14 days, so proposing with the perfect fit is one less thing to worry about. Looking for a specific style on a budget? Our oval engagement rings, emerald cut rings and royal-inspired replicas all have beautiful options under $500.