24 Affordable Engagement Rings Under $1,500

Beautiful and budget-friendly

Courtesy of Après Jewelry

Diamonds may be a girl's best friend, but they can also be your bank account's worst enemy. If you're shopping for an affordable engagement ring, you may have to think a bit more outside of the box. Bigger carat sizes, flawless clarity, and unique settings all hike up an engagement ring's price, making your dream ring a very serious investment.

Spending bookoo bucks may not be a reality for you, and that's okay. Instead, try swapping out a natural diamond for a lab-created diamond (yes, they are legitimate diamonds) or a similar-looking diamond alternative like white sapphire, moissanite, or morganite as an alternative—all are equally eye-catching and cost a lot less than mined diamonds. For an alternative engagement ring, consider a colorful gemstone (a super popular choice when affordability is a concern), a ring with enamel (which is super trendy right now), a cluster style ring of smaller stones set together to create the illusion of a bigger center stone, or opt for a unique setting with detailed metal work (antique rings are a great option for this style). Another way to keep cost down is to pick from a variety of metal settings instead of platinum, like yellow gold, rose gold, or sterling silver. Also, sticking to minimalist bands and bezel settings will keep the cost down—we know, we know, you may have had your heart set on a pavé band or halo, but truthfully, simpler styles are more of-the-moment anyway. So think of it as the cooler, more modern alternative.

Just because you want a beautiful engagement ring (and, hey, you deserve one), doesn't mean you have to break the bank. There are many ways to signify a lifelong commitment without going in the red zone of your checking account or racking up a serious credit card balance. Whether you’re dead set on a diamond or open to gemstones, cluster rings, or antique styles, ahead, we found an array of unique budget-friendly engagement rings under $1,500 that are as affordable as they are stunning.

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Ilud Ring

Courtesy of Rachel Boston

SHOP NOW: Rachel Boston, approximately $315.63

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Diamond Nico Ring in Rose Gold

Courtesy of Barbela

SHOP NOW: Barbela Design, $720

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The Solitaire Ring

Courtesy of Eva Fehren

SHOP NOW: Eva Fehren, $850

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Nestled Moonstone And Diamond Ring

Wwake

SHOP NOW: Wwake, $875

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Love V Ring With Pear

Courtesy of Shahla Karimi

SHOP NOW: Shahla Karimi, $890

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Razia Mini Ring

Courtesy of Selin Kent

SHOP NOW: Selin Kent, $900

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14K Diamond Ring

Mary MacGil

SHOP NOW: Mary MacGill, $925

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Bold Diamond Stacker Ring

Bold Diamond

SHOP NOW: AuRate, $950

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Aronia Ring

Courtesy of Kataoka

SHOP NOW: Kataoka, $980

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Jennie Kwon Green Tourmaline Deco Point Ring

Jennie Kwon

SHOP NOW: Broken English Jewelry, $985

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Half-Moon Dyad Ring

Courtesy of Bario Neal

SHOP NOW: Bario Neal, from $1,160

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Marquise Diamond Ring

Courtesy of Ariel Gordon

SHOP NOW: Ariel Gordon, $1,195

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Art Deco Diamond Engagement Ring

Courtesy of Doyle & Doyle

SHOP NOW: Doyle & Doyle, $1,200

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Cambria Ring

Jade Trau

SHOP NOW: Jade Trau, $1,200

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Princess-Cut Petite Solitaire Engagement Ring

Courtesy of Blue Nile

SHOP NOW: Blue Nile, $1,310

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Diamond Cosmic Witch Ring

Courtesy of Sofia Zakia

SHOP NOW: Sofia Zakia, $1,310

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Loop Morning Light Ring

Courtesy of Loop

SHOP NOW: Loop, Starting at $1,350

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The Triple Rose Cut Ring

Courtesy of Après Jewelry

SHOP NOW: Après Jewelry, $1,365

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Signature East-West Radiant Three Stone Engagement Ring in White Gold

Courtesy of Charles & Colvard

SHOP NOW: Charles & Colvard, $1,399

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Mini Peak Ring

Courtesy of KatKim

SHOP NOW: KatKim, $1,400

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