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Best Projectors Under $500 For 2024

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In an age where technology is continually advancing, having a quality viewing experience has become an essential luxury for many. From binge-watching your favorite series to delivering an impactful presentation, a top-notch projector can make all the difference. But who said quality has to come with a hefty price tag? This year, several exceptional projectors have emerged that won't burn a hole in your wallet. 

This list is your definitive guide to handpicked projectors that merge affordability with outstanding performance. Whether you're an avid movie buff, a gaming enthusiast, or someone who's just keen to upgrade their home cinema setup, we've sifted through the market to bring you options that promise brilliance without the splurge. Join us as we highlight the best projectors available for under $500.

Looking for other great projector types? Check out all of the best projector categories that we have reviewed thus far. Also, check out our picks for the Best 4k Projectors, Best Ultra Short Throw Projectors, and Best Home Theater Projectors.

Our Best Projector Picks For Under $500:

BenQ GV30 Portable LED Smart Projector ($429 on Amazon)


The BenQ GV30 and GS50, the second generation of the GV and GS series, were launched at the end of August 2021. The GV30, priced at $599 MSRP, is a 720p High Definition (HD) portable LED smart projector with a brightness of 300 ANSI lumens, while the GS50, priced at $799 MSRP (currently $429 on Amazon), offers a 1080p Full High Definition (FHD) output at 500 ANSI lumens. A distinguishing feature for both is their 2.1 channel Bluetooth speaker with "Extra Bass." Given the portability of these projectors, this onboard sound system eliminates the need to source external audio, making it more convenient for on-the-go use.

BenQ's GV30 is highlighted as the only portable 720p projector that supports a 2.1 channel sound system, Android TV dongle, and 135-degree projection. It utilizes a Digital Light Processing (DLP) technology and its LED source can last up to 20,000 hours in normal mode and 30,000 in ECO mode. Furthermore, its built-in battery supports up to 2.5 hours of continuous playback, though some real-world testing suggests the battery life may be longer.

The GV30 is one of the best projectors under $500, and is ideal for cord-free entertainment, requiring only a flat surface or screen for projection. It's lighter and more compact than the GS50, making it suitable for traveling. Both projectors come with BenQ’s QS01 ATV dongle for HDMI streaming and are housed in a stylish Heather Grey padded carrying case. The GV30's design also allows for tripod mounting. For best projection results, BenQ suggests a screen size between 80” and 100” at a distance of 6.9ft to 8.9ft.

BenQ GV30 Specs
Price $599
Technology DLP LED
Native Resolution 1280x720
Brightness (Manufacturer Claim) 300 ANSI Lumens
Contrast 100,000:1
Zoom Lens Ratio Fixed
Lens Shift No
Lamp Life 20,000 Hours / 30,000 hours (Eco)
Weight 5.07 lbs
Warranty 3 year
Read The Full Review

XGIMI MoGo 2 Pro Portable Smart Projector ($399 on Amazon)

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XGIMI has unveiled the MoGo 2 and MoGo 2 Pro projectors, with the MoGo 2 Pro priced at $599.00 ($399 on Amazon). This portable smart projector features Full HD (1080p) resolution, 400 ISO lumens brightness, and a built-in audio system.

With its Sandstone-textured Mocha Gold color, the device's LED light source promises a life of 25,000 hours and employs a .23" DMD display chip for its 1080p display. It's the first XGIMI projector equipped with ISA 2.0 (Intelligent Screen Adaption) technology, streamlining setup for novice users.

For the review, the device was paired with various gadgets like the PlayStation 5 and Apple TV 4K and projected onto a 100-inch Elite Screens Aeon frame. It runs on Android TV OS version 11, granting direct access to numerous streaming platforms including Netflix and Hulu. Unlike its predecessors, the MoGo 2 Pro uses its proprietary speaker system instead of Harman Kardon, offering dual 8-watt speakers and a rear-facing bass diaphragm.

Moreover, it can also double as a Bluetooth speaker. This projector provides superb sound quality, suitable for various environments, from homes to campsites. It features built-in Chromecast but doesn't directly support iOS AirPlay. However, this can be circumvented using third-party apps. The MoGo 2 series also allows power sourcing from 65-watt or higher power banks, enhancing its portability.

XGIMI MoGo 2 Pro Specs
Price $599.00
Technology DLP (0.23" DMD)
Displayed Resolution 1920x1080
Brightness (Manufacturer Claim) 400 ISO Lumens
Ligh Source LED
Contrast Not-Listed
Zoom Lens Ratio Fixed
Lens Shift No
Lamp Life 30,000 Hrs
Sound System 2 X 8 watt
Weight 2.42lb
Warranty Two (2) Years
Read The Full Review

AAXA M7 Portable LED Projector ($488 SRP)

The AAXA M7 portable LED projector is the latest addition to the AAXA line. Retailing for $488.00, it boasts full 1080p resolution powered by a Quad Cast LED, projecting up to 1200 LED lumens. AAXA has built a strong reputation in the Pico and Micro projector category, with many of its products receiving awards and commendations.

The M7, weighing just under 3 lbs and measuring 7.3 x 6.4 x 1.85 inches, stands out for its portability and versatility. Suitable for both personal and professional use, it can project images up to 200 inches diagonally, making it ideal for college students, home entertainment enthusiasts, or frequent travelers.

Its key features include challenging light condition handling capabilities, a 0.33-inch Texas Instruments DLP imager, and a built-in lithium-ion battery that can last up to three hours in ECO mode. Even with its compact size, the M7 can display 1080p resolution, accept 4K signals, and features a built-in 4-watt stereo sound system.

Furthermore, it's equipped with a built-in media player, allowing for playback from multiple sources including USB and Micro-SD cards. Additionally, it has a variety of input options such as HDMI and Audio-Out ports.

When tested, the projector rendered vibrant Full-HD images up to 200-inches, proving its utility in diverse settings.

AAXA M7 Specs
Price $488.00
Technology DLP (0.33" DMD)
Native Resolution 1080p (1920x1080)
Brightness (Manufacturer Claim) 1200 LED Lumens (626 ANSI Lumens measured)
Contrast 2,000:1
Zoom Lens Ratio Fixed
Lens Shift No
Lamp Life 20,000
Weight 2.99 lbs
Warranty 1 Year
Read The Full Review

Epson EpiqVision Flex CO-W01 Portable Projector ($429 SRP)

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Epson's EpiqVision Flex CO-W01 Portable Projector is a new introduction to the market at $429.00, designed for both business presentations and entertainment. With a WXGA (1280 × 800) native resolution and support for Full HD, it delivers 3000 lumens of brightness. Suited for the hybrid work culture, the device aims to strike a balance between professional and leisure needs.

Kenny Tang of Epson America emphasizes that in today's evolving hybrid lifestyles, there is a growing need for adaptable solutions. With the EpiqVision Flex projectors, users get an engaging big-screen viewing experience, whether for business meetings or movies. The projector promises to "own any room" by catering to the diverse needs of hybrid workers.

While it can showcase detailed visuals for professional presentations, it also provides quality viewing for movies and TV shows. The EpiqVision Flex CO-W01 can project images up to 300 inches, and its keystone correction, zoom, and focus features make it versatile for various settings.

Notably, the CO-W01 stands out for its color performance, with equal numbers of color lumens and white lumens, allowing colors to pop even in ambient light. In terms of brightness measurements, Epson uses ISO Lumens over ANSI Lumens, emphasizing the importance of color brightness in evaluating a projector's quality.

Epson EpiqVision Flex CO-W01
Price $429.00
Technology 3LCD
Displayed Resolution 1280 x 800
Brightness (Manufacturer Claim) 3000 ISO Lumens
Light Source 188Watt UHE Lamp
Contrast unlisted
Zoom Lens Ratio 1.35:1
Lens Shift None
Lamp Life 6,000 Hrs (12,000 Hrs ECO)
Sound System 5-watt mono
Weight 5.3 lb
Warranty 1 Year


Read The Full Review

LG CineBeam PF510Q Portable Smart Projector ($496 on Amazon)

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The LG CineBeam PF510Q is a portable smart projector priced at $599.99, offering Full HD resolution and utilizing a 4Ch (RGBB) LED light source that provides 450 ANSI lumens. This light source is designed to last for up to 30,000 hours. The projector supports HDR compatibility and uses a single DLP chip for its Full HD output.

For testing purposes, various devices were connected, and projection was done on a 100-inch Elite Screens Aeon fixed frame. The PF510Q is a recent model in LG's CineBeam lineup, designed to enhance projection appeal for a wide consumer base. Notably, this projector can stream audio wirelessly to Bluetooth-enabled sound systems.

Features also include a built-in 5W mono speaker, Dolby Atmos compatibility, two HDMI inputs, a USB 2.0 Type-A connector, and a LAN port. It runs on LG's Smart TV platform, allowing users to easily discover premium content, and has a user-friendly interface. The 4-Channel LED Light Source combined with LG's Dynamic green technology aims to offer brighter, sharper images.

Despite its advantages, the PF510Q currently lacks Netflix capability, but this can be addressed with an external streaming device. With features like HDR10 compatibility, a built-in speaker, and dual HDMI, the LG PF510Q offers a balance between portability and functionality.

LG PF510Q Specs
Price $599.99 MSRP
Technology DLP
Native Resolution 1080p (1920x1080)
Brightness (Manufacturer Claim) 450 ANSI Lumens
Contrast 150000:1
Zoom Lens Ratio Fixed
Lens Shift No
Lamp Life 30,000 Hours
Weight 2.2 lbs.
Warranty 1 Year
Read The Full Review

LG PF610P CineBeam Portable LED DLP Projector ($496 on Amazon)


The LG PF610P, priced at $849 MSRP, is a compact DLP LED projector that's part of LG's CineBeam series. It offers Full HD resolution of 1,920 x 1,080 through a single DLP chip and boasts an HDR-compatible 4-channel LED light engine, delivering 1,000 lumens of brightness for an impressive 30,000-hour lifespan.

Integrated with LG's ThinQ AI webOS, used in its smart TVs, the PF610P provides access to a plethora of apps and guarantees years of hassle-free operation. Audio-wise, the projector doesn't skimp on quality, featuring Dolby Atmos support and an internal 6W stereo system. Its varied connectivity options include two HDMI inputs, two USB Type-A connectors with HID functionality, a 3.5 mm audio out, and an S/PDIF Optical connection.

A standout feature is its ability to project a 120-inch diagonal image, with LG emphasizing the cinematic quality of the visuals. Using a 4-channel LED Light Source, combined with LG's Dynamic Green technology, the PF610P outperforms typical three-channel LED projectors by delivering sharper, brighter, and more vivid images. This makes it a great option for those looking for one of the best projectors under $500!

Additionally, the projector runs on the latest webOS 5.0 platform, compatible with major streaming platforms, Apple AirPlay 2, and MiraCast. The PF610P's 4-corner keystone adjustment and 1.195 throw ratio ensure clear images from various angles. Given its 3.7 lbs weight and compact design, it's perfect for mobile entertainment.

LG PF610P Specs
Price $849 MSRP
Technology DLP (0.33" DMD)
Native Resolution 1920x1080
Brightness (Manufacturer Claim) 1,000 ANSI lumens
Contrast 150,000:1
Zoom Lens Ratio  
Lens Shift No
Lamp Life 30,000 hours
Weight 3.7 .bs
Warranty 1 Year
Read The Full Review

BenQ TH575 Home Theater Projector ($499 SRP)

The BenQ TH575 is nearly identical to the TH585, which we evaluated a few years ago and it offers  excellent picture for its price.
For the price of a 65” TV you could have a 10-foot projection system. Combine the BenQ TH575 with a decent screen to create a truly cinematic viewing experience for about $1,000. If you’re looking for a great entry-level projector at a truly affordable price, the BenQ TH575 should be at the top of your list.
The BenQ TH575 is a Full HD 1080P DLP projector with a rated brightness of 3800 lumens. BenQ says it can produce 95% of Rec709 due to its RGBW color wheel. The BenQ TH585 delivers good color reproductions out-of-the-box. 
The BenQ TH575 has a dedicated picture mode for gaming designed to not only reduce input lag but improve clarity and enhance the dark scenes in video game content. BenQ says the TH575 rated input lag of just 16ms making it an excellent gaming projector. 
The BenQ TH575 supports 3D, and it even has a built-in 10-watt speaker. It delivers an excellent picture for its price and is without a doubt one of the best projectors under $500. It would be a great starter projector for an enthusiast or someone looking for a better projector for a backyard theater.

The BenQ TH575 Specs

Price $499
Resolution 1980 x 1080
Technology DLP
Claimed Lumens 3,800 Lumens
Contrast 15,000:1
Light Engine Lamp
Light Engine Lifespan 15,000 Hours (Lamp Saving Mode)
Zoom Ratio 1.1:1
Throw Ratio 1.50:1 - 1.65:1
Warranty 3 Years
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