Ayoungmusic.com Is Reader-Supported. If You Buy Through Our Links, We May Earn An Affiliate Commission.

5 Best Electric Guitars Under $500

The electric guitar is one of the most popular musical instruments in the world. The instrument has undergone many changes throughout its history to become what it is today, but significant upgrades come every 10 years or so to make it better and more appealing to players.

It’s hard for an artist to find a good guitar at a low price, especially when they are looking for quality rather than the brand name.

Modern electric guitars are typically expensive, but their price does not necessarily reflect quality. Today, you can find excellent models for less than $500.

To help you choose the best among them, we have compiled a list including an overview of the guitar features and what people who have purchased that model liked or disliked about it.

Buying Guide

People who own electric guitars enjoy the sweet sound of quality as well as the veritable variety offered by electric guitars. The choice of instrument is wide and the market is growing every day.

The Electric Guitar

The electric guitar has enjoyed steadily rising popularity in the last two decades, culminating in a near parallel with the acoustic. It’s not hard to see why either: electric guitars are much louder than acoustics, they can be played in more places without upsetting people or animals, and you don’t have to worry about them getting wet.

The Acoustic Sound

The sound of the acoustic guitar is something to appreciate. It’s not often you get to see a master play an acoustic, but when you do, the sound is stunning. The reason for this is that acoustic guitars rely solely on string vibration to produce their sound.

5 Best Electric Guitars Under $500 in 2022

ESP LTD EC-256FM Electric Guitar, See Thru Purple Sunburst
ESP LTD EC-256FM Electric Guitar, See Thru Purple Sunburst
Also features covered passive pickups, set-neck construction, and 22XJ frets; At home on blues, classic rock, hard rock, progressive rock, fusion, and much more
$549.00
Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar
Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar
Basswood Top; Bolt-On Neck; Rosewood Fingerboard; Black Hardware; Basswood Body
Hagstrom ULSWE-BLK Ultra Swede Black
Hagstrom ULSWE-BLK Ultra Swede Black
Easy playabability; Thin neck; Custom pickups; Beautiful finishes; Easy playability; Beautiful finishes
Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat
Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat
Every inch of this classic screams speed, fury, and expression
$399.99
Yamaha Revstar RS320, Red Copper
Yamaha Revstar RS320, Red Copper
Ceramic magnet and brass baseplate for powerful, punchy tone; H3 Hot output humbuckers; Solid Nato Body

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

1. The ESP LTD EC-256FM Electric Guitar

ESP LTD EC-256FM Electric Guitar, See Thru Purple Sunburst
108 Reviews
ESP LTD EC-256FM Electric Guitar, See Thru Purple Sunburst
  • An affordable and popular guitar with many similarites to some of the most highly-regarded guitars in history
  • Features a comfortable Mahogany body and 3 pc. neck, as well as roasted jatoba fingerboard and flamed maple top
  • Also features covered passive pickups, set-neck construction, and 22XJ frets
  • At home on blues, classic rock, hard rock, progressive rock, fusion, and much more

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

The ESP LTD EC-256FM Electric Guitar, See Thru Purple Sunburst is a beginner’s guitar that provides an affordable way for beginners to start playing electric guitar. The guitar is designed with a basswood body and a bolt-on maple neck.

Pros :

  • Reasonably priced
  • Good for beginners
  • Comfortable neck
  • Lightweight

Cons :

  • Weight: The weight of the guitar may be a con for some, as it can cause a strain on one’s shoulder and hand.
  • Sound: The sound is arguably the sole downfall from this guitar. It’s not very rich or dynamic, and it’s hard to distinguish from other guitars of its kind.

2. Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar

Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar
27 Reviews
Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar
  • Basswood Top
  • Bolt-On Neck
  • Rosewood Fingerboard
  • Black Hardware
  • Basswood Body

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

The Dean Michael Angelo Batio MAB4 Gauntlet Electric Guitar is a high-end guitar from the renowned artist and guitarist, Michael Angelo Batio.

Pros :

  • It is handmade to ensure quality
  • It is extremely durable
  • The parts are all replaceable if they wear out

Cons :

  • The switch can be difficult to control.
  • It has individual coil taps for each pickup, but this causes it to eat batteries like crazy.

3. Hagstrom ULSWE-BLK Ultra Swede Black

Hagstrom ULSWE-BLK Ultra Swede Black
10 Reviews
Hagstrom ULSWE-BLK Ultra Swede Black
  • Easy playabability
  • Thin neck
  • Custom pickups
  • Beautiful finishes
  • Easy playability

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

The Hagstrom ULSWE-BLK Ultra Swede Black is a steel-string acoustic guitar with a flat black finish. It was produced by the Hager Group, which is best known for its electric guitars.

Pros :

  • A versatile brown guitar
  • Works well on stage with a matching custom Hagstrom hard case
  • Swedish made, so it comes together beautifully

Cons :

  • Upon arriving home you may find that the Hagstrom is a legitimate pain in the neck to set up, with a massive manual and various spare parts.
  • The guitar is also notably heavy for its size, which may cause some discomfort when playing.

4. Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat

Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat
41 Reviews
Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat
  • Wizard III Maple neck Flamed Maple top Mahogany body Rosewood fretboard Off-set white dot inlay Jumbo frets Fixed bridge Quantum...
  • If Ibanez can lay claim to the title of being the strongest name in Metal guitars, then the RGA is the model this reputation was...
  • Every inch of this classic screams speed, fury, and expression
  • The RGA42FM is a hardtail 6-string electric built around a Mahogany body with stunning Flamed Maple top
  • Its contoured top not only looks sleek—it creates a softer, more comfortable edge where the player’s right forearm rests

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

Ibanez RGA42FM Elec Gtr Dragon Eye Bst Flat is a solid body electric guitar made by Ibanez Guitars. Some of its features include a mahogany neck and rock maple top, with a 25-1/2 scale, thin U-shaped neck that is fast and comfortable for players.

Pros :

  • Comes with a gig bag
  • Locking tuners
  • 34″ scale

Cons :

  • No case
  • Caster wheels are slightly close

5. Yamaha Revstar RS320, Red Copper

Yamaha Revstar RS320, Red Copper
29 Reviews
Yamaha Revstar RS320, Red Copper
  • Ceramic magnet and brass baseplate for powerful, punchy tone
  • H3 Hot output humbuckers
  • Solid Nato Body
  • Die cast Tuners, Tune-O-Matic Bridge
  • Set-in Neck with Thin Profile

Last update on 2022-01-28 / Affiliate links / Images from Amazon Product Advertising API

The Yamaha Revstar RS320 is a 3/4 Scale Premium Acoustic-Electric Guitar. The Yamaha Revstar RS320 is one of the newest additions to the family of Yamaha guitars and offers players impeccable craftsmanship and top-quality construction for an unbelievable price.

Pros :

  • Perfectly weighted and balanced with a classic, vintage styling
  • Clean and crisp sound
  • Powered by a high-quality double-barrel 12-inch speaker
  • Sophisticated electronics and 10w tweeters
  • Stylish chrome rocker guards and LED running lights

Cons :

  • Relatively heavy weight
  • Height of the RS320 is a bit on the high side for some people

Conclusion :

There are only a few things that are considered must-haves for any musician. These include a guitar, an amplifier, and the ability to sing. Without these three basic tools, it would be nearly impossible to create music in any genre of music today. Sure, there are many places you could go if you’re not satisfied with your current musical abilities or equipment choices. You can take lessons or learn on your own through YouTube videos or the internet.

Leave a Comment