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Best Digital Cameras For Under $500 Digital Camera Reviews

Updated on February 9, 2017

Best Digital Cameras For Under $500 | Digital Camera Reviews

Are you looking for a highly rated digital camera that sells for under $500? It can certainly be a daunting task to find the right one when there are so many digital cameras selling for under $500 to choose from. To save you time and effort (and hopefully some money and frustration), you will find some of the best digital cameras for under $500 listed below along with some of their best features, per expert reviewers in the field of digital photography. Each digital camera featured below has its strengths and weaknesses; therefore, it is important to read everything about them to help you make an informed buying decision.

Olympus Tough TG-2 iHS

The Olympus Tough TG-2 iHS digital camera won PC Magazine’s Editors' Choice Award for cameras in its price range.
The Olympus Tough TG-2 iHS digital camera won PC Magazine’s Editors' Choice Award for cameras in its price range. | Source

Best Digital Cameras For Under $500 | Olympus Tough TG-2 iHS

Manufacturer’s Suggested Retail Price: $379.99

The Olympus Tough TG-2 iHS digital camera won PC Magazine’s Editors' Choice Award, so they obviously think very highly of this well built and rugged camera. The camera is waterproof to fifty feet under water, it has high ISO performance (ISO is the measurement of how sensitive a digital camera's image sensor is to light.), a fast adjusting lens (that can use filters and conversion lenses), and has generally good all around performance in different types of light. Some of its extra features that users find useful are Global Positioning System (GPS), digital compass, manometer (for elevation and water depth readings), and a decent sized Light Emitting Diode (LED) light.

The drawbacks associated with the Olympus Tough TG-2 iHS digital camera are pictures that could be sharper along the edges and the lens is noisy when adjusted and can be heard when used during taping a video using the camera. All in all, the Olympus Tough TG-2 iHS digital camera is a good value for the money. This is an excellent choice, if you are looking for a camera capable of taking multiple photographs at high speed.

Canon PowerShot Elph 330 HS

PC Magazine rated the Canon PowerShot Elph 330 HS as one of the best cameras available for under $250.
PC Magazine rated the Canon PowerShot Elph 330 HS as one of the best cameras available for under $250. | Source

Best Digital Cameras For Under $500 | Canon PowerShot Elph 330 HS

Manufacturer’s Suggested Retail Price: $229.99

The Canon PowerShot Elph 330 HS digital camera is considered by PC Magazine to be one of the best cameras one can purchase for under $250. It won PC Magazine Editors' Choice award for mid-range compact cameras. It has a sharp lens that takes excellent pictures, ten times zoom, Wi-Fi integration for easy photo sharing, high ISO performance, and quick pictures with little lag in shutter speed. I have always found Canon digital cameras to provide good value given the quality of photographs they provide and the features they contain.

The drawbacks associated with the Canon PowerShot Elph 330 HS camera include a small-aperture lens, a lack of full manual controls for those who want to make adjustment (but it is an under $250 camera after all), and limited 1080 video capabilities that capture video at twenty-four frames per second.

Nikon Coolpix S9700

PC Magazine gave the Nikon Coolpix S9700 camera its Editors' Choice award for compact super-zoom cameras.
PC Magazine gave the Nikon Coolpix S9700 camera its Editors' Choice award for compact super-zoom cameras. | Source

Best Digital Cameras For Under $500 | Nikon Coolpix S9700

Manufacturer’s Suggested Retail Price: $349.95

The Nikon Coolpix S9700 digital camera produces spectacular images, even at when the ISO setting is set high, it has a thirty times zoom lens that offers more zoom power than many cameras in its price range of under $350 cameras. Its zoom capabilities are so good that PC Magazine gave the camera its Editors' Choice award for compact super-zoom cameras. The camera’s strengths are a sharp lens that takes high quality pictures up to an ISO setting of 800, image filters built into the camera, an impressive 5.7 frames per second high speed photo burst capture capability, the aforementioned thirty times zoom capability, a crisp liquid crystal display (LCD), and built in GPS and Wi-Fi. The Nikon Coolpix S9700 camera includes mapping software that in conjunction with the GPS displays nearby landmarks on the camera’s view screen.

The drawbacks associated with the Nikon Coolpix S9700 are few. Testers found the Wi-Fi has somewhat limited capabilities, which will surely be improved in a later generation of the camera. The external device charger is not included and must be purchased separately, which is an additional cost that must be considered.

Sony DSC-RX100/B

The Sony DSC-RX100/B is an impressive digital camera that can be purchased online for less than $500.
The Sony DSC-RX100/B is an impressive digital camera that can be purchased online for less than $500. | Source

Best Digital Cameras For Under $500 | Sony DSC-RX100/B

Manufacturer’s Suggested Retail Price: $649.99 (Retails Online For Under $500)

The Sony DSC-RX100/B digital camera delivers ultra-high definition images using its sharp lens and large 20.2 megapixel sensor, excellent low light performance, and a solid compact build that fits in a pants pocket. The large one-inch sensor allows the camera to deliver sharp images that have low image noise and a great amount of dynamic range. This makes the camera idea for low light photography. It has a fast ultra-bright f/1.8 aperture lens and a control ring that allows changes to aperture and other settings which expand a user’s ability to be creative with the camera.

The drawbacks associated with the Sony DSC-RX100/B digital camera are its relatively limited 3.6x optical zoom, video recording that is just average, which are disappointing given its higher price than many other digit cameras. If you live in a humid climate or like to visit one, this camera is known to have problems functioning in humid conditions and may not be the best choice.

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Best Digital Camera 2014 : Sony DSC-RX100/B

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    • PaigSr profile image

      PaigSr 22 months ago from State of Confussion

      My latest digital camera was just under $100 and I got it shortly after the price went down using gift cards. The Canon Elph 150IS Deluxe kit. Camera, case and 8 GB memory card.

    • Rock_nj profile image
      Author

      John Coviello 2 years ago from New Jersey

      Thanks goodnews11. I'm glad you found this Hub about digital camera's useful. If you are going to buy a camera through Amazon, please consider entering the the site via one of the links in the Hub. Thanks!

    • goodnews11 profile image

      OSBERT JOEL C 2 years ago from CHENNAI

      I was thinking of buying a camera.. I found your hub at the right time. Thank you so much.. Useful hub. Thumbs up.. voted,.

    • Rock_nj profile image
      Author

      John Coviello 2 years ago from New Jersey

      Thanks! I hope you find the information provided in this Hub useful when you are trying to make a decision regarding which camera to purchase.

    • aesta1 profile image

      Mary Norton 2 years ago from Ontario, Canada

      My husband and I are ready for a better camera to,bring for our travel and he is for Sony and I like the Nikon for its zoom capacity.

    • teaches12345 profile image

      Dianna Mendez 2 years ago

      From what you share, I am leaning towards the Sony, if I ever get a new camera. Thanks for the information.

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