So you are looking for the best laptops under $500, eh? Well, if that's the case, then you will be happy to know that there are several cheap notebook computers within this price range. In this article, I will go over the best laptops under $500, but I will keep it between four hundred dollars and five hundred dollars because I have already written articles about other price thresholds that you can check out if you want.

Searching for the best laptops under $500 is a great price range to shop for because you rarely have to worry about sacrificing quality for the low, discount price. This is because almost all of the best laptops under $500 come with amazing features that make your purchase well worth it, both in the long and short term.

Best Laptops Under 500 Dollars

Top 5 Best Laptops Under 500 Dollars

Acer Laptops Under $500Credit:

Acer Aspire
Estimated Price: $459
Weight: 5.3 pounds
Battery: Lithium Ion (3.5 hours)
Dimensions: 15″ x 10.2″ x 1.2″
System: Microsoft Windows 7 Home Premium 64-bit Edition

Acer is a fantastic brand of notebooks to consider and they have a long reputation of producing some of the best laptops under $500. The Acer Aspire is a popular and cheap notebook computer that comes with an LCD monitor and spacious 15.6" widescreen with Acer CineCrystal LED-backlit display for crystal clear vision. They also feature High-Definition Audio Support and two built-in stereo speakers to top it off. The Acer Aspire is one of the best laptops under $500 because you get a one-year international travelers limited warranty, an AC power adapter and cord, a wireless setup card, a registration/limited warranty card and a free McAfee Internet Security Suite 2009 Trial.

If all of those cool features are not enough to convince you of the quality these affordable notebook computers possess, keep in mind that the Acer Aspire also has a long-lasting 6-cell lithium ion battery and a power dual-core processor, making them one of the more powerful best laptops under $500.

Dell Laptops Under $500Credit:

Dell Vostro
Estimated Price: $498
Weight: 5.3 pounds
Battery: Lithium Ion (3.5 hours)
Dimensions: 14.8″ x 9.8″ x 1.5″
System: Microsoft Windows 7 Home Premium

Those who are looking for an inexpensive notebook that is also easily portable should definitely check out the Dell Vostro. The Vostro is considered by many to be the best laptops under $500 for a slew of reasons, but mostly because of their convenient portability. Weighing in at a modest 5.3 pounds and equipped with some of the most innovative features surrounding durability and sleek design, you will have no problems at all taking this cheap notebook computer with you anywhere you go, whether you're walking, traveling or even riding a bike.

As one of the best laptops under $500, you can bet that they also have a powerful high-speed 2.10 GHz Core 2 Duo processor that integrates the latest Virtualization Technology and enhanced Speed Step Technology for those bumpy adventures you may have with your Dell Vostro.

Asus Laptops Under $500Credit:

Asus Eee PC
Estimated Price: $428
Weight: 2.9 pounds
Battery: Lithium polymer (6.5 hours)
Dimensions: 10.4″ x 7.1″ x 1.2″
System: Microsoft Windows 7 Starter

For being such a small notebook computer, the Asus Eee PC actually packs one powerful battery that outlasts all of the other best laptops under $500 on this list, up to 6.5 hours compared to the average 3.5 hours. As mentioned, the Asus Eee PC is small, and very compact and light, weighing in at a mere 2.9 pounds. There multi-touch functionality encourages you to get creative by making interacting with the notebook extremely easy and effortless, not to mention fun. These are just a few reasons why the Asus Eee PC is one of the best laptops under $500.

The innovative touch screen design is equipped with a 256-level pressure sensor for ultra sensitivity without crossing the line of being "too touchy". The interactive games and ability to easily zoom, rotate or reposition photos are what really bring out the enjoyment of the touch-based interface these cheap notebook computers possess and earn them a spot with the best laptops under $500.

HP Laptops Under $500Credit:

HP Compaq 610
Estimated Price: $454
Weight: 5.5 pounds
Battery: Lithium ion (5 hours)
Dimensions: 14.6″ x 10″ x 1.3″
System: Microsoft Windows 7 Home Premium

While the HP Compaq 610 may be slightly heavier than the best laptops under $500 in the previous reviews--weighing in at about 5.5 pounds--they do happen to have a very powerful lithium ion battery that lasts up to 5 hours from a single charge. This is one reason I am listing this as one of the best laptops under $500, but the Intel Celeron Dual Core T1500 1.86GHz processor sure doesn't hurt its cause either.

Along with that, the HP Compaq 610 notebook also comes with 2 GB of installed memory, a 320 GB hard drive and a vivid 15.6-inch color display. The other best laptops under $500 may have been a bit more portable, but none of them can really compare to these affordable notebook computers in terms of power and battery life.

Dell Inspiron Laptops Under $500Credit:

Dell Inspiron 15
Estimated Price: $454
Weight: 5.7 pounds
Battery: Lithium ion
Dimensions: 14.7″ x 9.6″ x 1.5″
System: Microsoft Windows Vista Home Premium

Last but not least, the final runner-up for the best laptops under $500 is the Dell Inspiron 15, which comes with a very attractive and clean design. These cheap notebook computers also feature mobile technology and have a nice, 15.6-inch high-definition widescreen display where you can watch movies in 16:9 aspect ratio and just enjoy viewing photos in high-def clarity anytime you want.

A large part of why I consider the Dell Inspiron 15 to be among the best laptops under $500 is because of how reputable the brand is and how popular this particular notebook happens to be. As I researched, I just kept finding more and more positive reviews. You can do the same if you want simply by going to Google and typing in "dell inspiron 15 review". After seeing them for yourself you will understand why it is one of the best laptops under $500 for college students, business people, and just about everyone else.

So there you have it-the top 5 best laptops under $500. Just remember that the only cheap notebook computers listed here were ones that I found plenty of good customer reviews for and have proven to be excellent options to consider through popularity and sales. Also keep in mind that I only chose the best laptops under $500 that were still more than four hundred dollars, and if you are interested in seeing some of the top picks for other price thresholds, make sure you check out my other InfoBarrels!