It’s often a good idea to set yourself a hard upper limit when it comes to guitar shopping. Most of us tend to start out that way, but we occasionally get sucked into “$50 more won’t hurt”, or “If I just go up another $100 I’d be able to get XYZ guitar”, and in many cases we spend more money for almost indistinguishable difference.
For this reason, we’ve compiled this Review of the 7 best acoustic guitars under $500. If $500 is your upper limit, you’re in luck, as there are some frankly fantastic guitars to be had for this amount or less.
When we reviewed the guitars for this roundup, of course the first criteria was cost, followed by build quality, tone, and looks. We found some incredible instruments for you during this review process, so you’re definitely going to want to keep on reading if you’re in the market for a sub $500 acoustic.
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Players looking for something that offers a great blend between price and performance should check out our top pick, the Breedlove Eco Discovery S. This is a comfortable concert style acoustic that sounds great and is made with sustainable materials, too.
If you’re looking for a fantastic guitar that doesn’t cost the earth, we suggest the Yamaha FG830, our best budget choice. It offers performance that far exceeds its price tag, and delivers huge tones worthy of any stage or studio.
Our Editor’s Choice award went to what we rate as the number 1 guitar under $500, the Taylor Big Baby Taylor. It’s comfortable, and built to the highest standards, and of course, it sounds absolutely fantastic.
Best Acoustic Guitar Under 500
This is a fantastic guitar made with excellent tone woods and quality hardware. It looks and sounds like a much more expensive model, making it the ideal “sleeper”. Not only is it incredibly well made, but it’s made using only sustainable materials, so you can feel good about your decision to purchase this model.
Breedlove is rapidly gaining brand presence thanks to their modern approach to building guitars using high quality, yet sustainable materials. The Breedlove ECO Discovery S (full review here) embodied those philosophies fully, and was a real treat to play.
This guitar was a concert style model, and its top was made with solid African Mahogany, which is one of the foremost woods to make an acoustic top from at any price. The back and sides were made with “EcoTonewood Mahogany”. EcoTonewood is a Breedlove exclusive laminated wood that uses a hardwood core (unlike most laminates that have a softwood core). We found that this really helped the resonance of the Discovery S.
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The neck was beautifully made using African mahogany. It had a slim C shape profile which we found to be comfortable, and extremely fast, no matter what style we were playing. We liked the ovangkol fretboard, too. It has a nice, rich color, and it felt great under the fingers.
We found that the fretwork was all well finished, and there were no issues with sharps edges or fret sprout, and the crowns had a nice, smooth surface, and were all properly leveled.
Its tones were bright and shimmery, with tons of top end sparkle, a tight mid range, and a surprisingly powerful bass register. It had a fantastic voice, with great projection, and was much louder than any guitar this size has any business being.
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It was fitted with closed gear chrome tuners, and while they weren’t anything particularly special, they performed really well. They engaged positively, making fine adjustments easy, and they didn’t slip or cause any issues with tuning stability.
. It was beautifully made, and sounded simply fantastic. It had handsome looks, and because it’s not such a commonly owned model in comparison to some of the others on test, it stands out from the crowd, too.
With this guitar you’re getting a rock solid dreadnought with tons of character and a Grand Canyon sized voice. It’s extremely well appointed with high quality hardware, great tone woods, and handsome good looks.
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The Yamaha FG830 (full review here) had Yamaha’s proprietary “folk guitar” shape, which is their slightly modified version of the classic dreadnought. We’re big fans of this body shape at KGR, and found ourselves drawn to this guitar right away.
This model sets itself apart from other budget Yamaha models with upgraded woods. It had a beautiful solid spruce top, and for the back and sides it was made with rosewood. It looked sensational, and touches like an abalone rosette really made it feel special.
We liked the nato neck. It was slim, and very comfortable to hold and play. The comfort of the neck was aided by the rolled edges of the stunning rosewood fretboard, which felt great under the fingers, and looked just as good.
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As we’ve come to find on pretty much every Yamaha we’ve tested, the fretwork was exceptional. The edges were nicely beveled, with no sprout and no sharps, and most importantly, they were perfectly level.
Despite the quality woods and player focused construction, the most impressive thing about he FG830 was the tone. It was fantastically nuanced, with a lovely balance between the bright top end, and the rich lower mids. It was punchy, and responded really well to changes in touch.
We’d have no hesitation gigging with this guitar. Tuning stability was rock solid, and it was overall super reliable. Out of the box it had a great low action and intonation was just about perfect.
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Is one of those guitars that can have you questioning everything you thought you knew about acoustics. It was as well made as, and delivered the sound quality of a much more expensive instrument. It really was a joy to play, and we think anybody who picks one up will be equally as impressed.
If you’re looking for the very best acoustic guitar under $500, then this Taylor should be your go to. It’s a reduced size dreadnought, but it retains all the presence and character of a full size model. It’s built with the very best materials and components, and even comes with a fantastic padded gig bag.
The Taylor Big Baby Taylor is a 15/16 size dreadnought, making it ever so slightly smaller than a fully size model. We found that this made it incredibly comfortable and easy to play, which is a huge plus for those who are normally turned off by the bulk of this body style.
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It had a gorgeous solid Sitka spruce top, with some of the nicest grain pattern we’ve seen on a sub $1000 acoustic. The back and sides were made with layered walnut, which paired really well with the spruce both in terms of looks and tone.
We really enjoyed playing the slick maple neck; the satin finish felt fantastic, and the fretboard edges had a hint of a rounded edge that made the playing experience extra comfortable. The fretboard was made with ebony, which is without a doubt one of the finest woods to use for this purpose. It was dark and lustrous, and felt fantastic.
The fretwork was another impressive area with the BBT. The edges were just about perfect, and the crowns were polished to an almost mirror finish.
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Tones were absolutely superb; it had the typical Taylor brightness, which was sharp, but never felt thin or tinny. There was exceptional clarity and tightness across the entire range, and the upper, mid, and bass registers were well balanced. Despite being a reduced size model, we didn’t feel any loss of volume or presence either, which ultimately resulted in dreadnought performance with concert size dimensions.
Intonation was fantastic, and we found that the tuning stability to be just as good. It came from the factory with Elixir Nanoweb strings, which are some of our favorites here at KGR.
? It looks great, has a beautiful range of tones, and it was a real joy to play. The construction far exceeded the price tag, and it felt a lot more like a high end Taylor than it did an entry level model thanks to the quality wood and hardware selections.
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Players who love classic looking guitars with big personalities will love this Epiphone. From the signature engraved pickguard, to the stunning burst finish, it’s truly brimming with character. It offers massive presence and projection, and it has one of the nicest necks you’ll find on any acoustic.
Epiphone makes a range of fantastic (and affordable) guitars based on Gibson models past and present, and one of our favorites was the Epiphone Dove. The original Gibson model dates back to 1962, and this Epiphone replica delivers much of the original’s essence, at a much more palatable price.
It had a full size dreadnought body shape, with big, boxy shoulders, and a broad waist. It had a solid spruce top, paired with layered maple on the back and sides. Maple is an unusual wood for acoustic guitars, but it worked incredibly well on the Dove.
The Best Acoustic Guitars Under $500 In 2023
The neck was also made with maple, and had the Epiphone SlimTaper D profile. This is an incredibly comfortable neck shape that plays super fast. Topping off the neck was an Indian
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