If you think quality acoustic guitars under $500 don’t exist, it's time to take another look. There's never been a better time to get great-playing and sounding instruments at a very accessible price. Whether you’re upgrading from a beginner model, looking for a reliable backup for gigs or shopping for your favorite musician, this price range has incredible value. In this article, we're going to explore some of the best acoustic guitar models that balance affordability with excellent tone and craftsmanship.

Table of Contents

Comparing the Best Acoustic Guitars Under $500
The Best Acoustic Guitars Under $500
   Alvarez Regent RD260CESB Acoustic-Electric Guitar
   Epiphone Dove Studio Acoustic-Electric Guitar
   Fender Newporter Player Limited-Edition Acoustic Electric Guitar
   Fender CC-60SCE Acoustic-Electric Guitar
   Gretsch Jim Dandy Deltoluxe Concert Acoustic-Electric Guitar
   Guild OM-240CE Orchestra Acoustic-Electric Guitar
   Ibanez V70CE Dreadnought Acoustic-Electric Guitar
   LAVA MUSIC ME Air Carbon Fiber Acoustic-Electric Guitar
   Martin LX1 Little Martin Acoustic Guitar
   Taylor Baby Taylor Acoustic Guitar
   Yamaha FG800J Dreadnought Acoustic Guitar
   Yamaha FG Series FGX800C Acoustic-Electric Guitar
How to Care for Your Acoustic Guitar
Conclusion

Comparing the Best Acoustic Guitars Under $500

Before we dive into greater detail about them, here's a convenient chart for a direct comparison of the guitars we think are the most worthwhile ones in this category. 

Guitar Model	Body Type	Body Material (Top/Back & Sides)	Neck Material	Fretboard Material	Tonal Characteristics	Pricing (USD)*
Alvarez Regent RD260CESB Dreadnought Cutaway Acoustic-Electric Guitar	Dreadnought Cutaway	Spruce/ Mahogany	Mahogany	Engineered Hardwood	Warm, resonant tone with strong midrange; suitable for various genres	$299.99
Epiphone Dove Studio Acoustic-Electric Guitar	Square Shoulder	Solid Spruce /Maple	Hard Maple	Pau Ferro	Bright, clear tone with articulate highs; iconic design with ornate pickguard	$449.00
Fender Newporter Player Limited-Edition Acoustic-Electric Guitar	Newporter	Solid Spruce /Mahogany	Mahogany	Walnut	Balanced tone with clear highs and defined lows; unique color and style	$299.99
Fender CC-60SCE Concert Acoustic-Electric Guitar	Concert Cutaway	Solid Spruce /Mahogany	Mahogany	Walnut	Well-balanced tone with articulate midrange; comfortable body size	$329.99
Gretsch Jim Dandy Deltoluxe Concert Acoustic-Electric Guitar	Concert	Agathis/ Agathis	Nato	Walnut	Warm, vintage-inspired tone with focused midrange; compact and lightweight	$279.99
Guild OM-240CE Orchestra Cutaway Acoustic-Electric Guitar	Orchestra Cutaway	Solid Sitka Spruce/ Mahogany	Mahogany	Pau Ferro	Rich, balanced tone with clear highs; versatile for fingerpicking and strumming	$499.99
Ibanez V70CE Dreadnought Acoustic-Electric Guitar	Dreadnought Cutaway	Spruce/ Agathis	Nato	Rosewood	Full-bodied tone with strong low end; affordable option with built-in electronics	$199.99
LAVA MUSIC ME Air Carbon Acoustic-Electric Guitar	Travel Size	Carbon Fiber Composite	Carbon Fiber	HPL	Clear, consistent tone unaffected by temperature or humidity; modern design	$449.00
Martin LX1 Little Martin Acoustic Guitar	Modified 0-14 Fret	Solid Sitka Spruce/HPL Mahogany	Rust Birch Laminate	Richlite	Warm, rich tone with surprising volume for its size; ideal for travel	$449.00
Taylor Baby Taylor Acoustic Guitar	3/4-Size Dreadnought	Solid Sitka Spruce/ Layered Sapele	Tropical Mahogany	West African Crelicam Ebony	Bright, clear tone with good projection; compact size suitable for beginners and travel	$449.00
Yamaha FG800J Solid Spruce Top Dreadnought Acoustic Guitar	Dreadnought	Solid Spruce/ Nato	Nato	Rosewood	Warm, balanced tone with strong projection; solid construction at an affordable price	$229.99
Yamaha FG Series FGX800C Acoustic-Electric Guitar	Dreadnought Cutaway	Solid Spruce/ Nato	Nato	Rosewood	Clear, dynamic tone with strong midrange; built-in electronics for live performance	$359.99

*Regular pricing as of November 2024

The Best Acoustic Guitars Under $500

This is one of the most value-packed slots for acoustic guitars. While the price is right for beginners, it's also loaded with instruments that are great gig backups or "around town" guitars when you don't want to take your $3,000 Martin or Taylor to the beach. Here is a more detailed breakdown of what these instruments have to offer. 

Alvarez Regent RD260CESB Acoustic-Electric Guitar

Why It’s Cool: Designed with beginners in mind, the Alvarez Regent RD260CESB combines classic dreadnought tone with the added convenience of a cutaway and built-in electronics.

Things to Consider:

• Laminate construction offers durability but sacrifices some tonal richness
• Larger dreadnought body may not be as comfortable for smaller players
• Basic electronics are suitable for entry-level amplification but lack advanced features

Shop Now: Alvarez Regent RD260CESB Acoustic-Electric Guitar

The Alvarez Regent RD260CESB is an excellent choice for players starting their musical journey or those seeking a reliable, budget-friendly acoustic-electric. The dreadnought body ensures strong projection and a bold, balanced tone, while the cutaway design allows easy access to higher frets. Its sunburst finish adds a touch of vintage flair, adding visual appeal. With built-in electronics for amplified performances and a comfortable neck profile, the RD260CESB offers both style and substance at an affordable price.

Epiphone Dove Studio Acoustic-Electric Guitar

Why It’s Cool: The Epiphone Dove Studio is a bold and stylish option that pairs great sound with eye-catching vintage aesthetics, thanks to its ornate pickguard and aged finish.

Things to Consider:

• Larger body size may feel unwieldy for smaller players
• The maple back and sides emphasize brightness, which might not suit players favoring warmer tones
• Includes a basic preamp system that works well but lacks advanced features     

Shop Now: Epiphone Dove Studio Acoustic-Electric Guitar

With its striking design and vibrant tone, the Epiphone Dove Studio is a stage-ready acoustic-electric that stands out in both sound and style. Its solid spruce top and maple back and sides deliver clarity and punch, ideal for strumming and cutting through a mix. The Fishman electronics system ensures dependable amplified sound, while the slim neck enhances playability for long performances. This guitar is perfect for players seeking a unique blend of visual flair and crisp acoustics.

Fender Newporter Player Limited-Edition Acoustic Electric Guitar

Why It’s Cool: The Fender Newporter Player adds a splash of personality with its Ocean Teal finish, delivering modern aesthetics and versatile tone in a comfortable mid-sized body.

Things to Consider:

• Limited-edition finish stands out on stage but may not suit traditionalists
• Mid-sized body delivers a more mid-focused tone than a full dreadnought
• Built-in electronics are straightforward but lack advanced EQ options

Shop Now: Fender Newporter Player Limited-Edition Acoustic Electric Guitar

This limited-edition Fender Newporter Player is a refreshing take on the acoustic-electric guitar, offering a unique Ocean Teal finish that’s as striking as its sound. The solid spruce top and mahogany back and sides create a balanced tone suitable for a range of styles. Its slim-taper neck and lightweight body make it a breeze to play for hours. The built-in preamp and tuner ensure you’re always ready to perform, whether on stage or at home.

Fender CC-60SCE Acoustic-Electric Guitar

Why It’s Cool: Compact and easy to play, the Fender CC-60SCE is a fantastic option for beginners or anyone seeking an affordable, well-balanced concert acoustic-electric.

Things to Consider:

• Concert-sized body delivers bright, mid-focused tone
• The laminate mahogany back and sides are slightly less resonant than solid wood
• Built-in preamp is straightforward but lacks advanced EQ controls

Shop Now: Fender CC-60SCE Acoustic-Electric Guitar

With nothing but five-star reviews on our website, the Fender CC-60SCE combines affordability with smooth playability, making it an excellent choice for budding musicians. The solid spruce top provides a bright, articulate tone, while the smaller concert body is perfect for players with smaller hands or those seeking a comfortable practice guitar. Its Fishman pickup system is simple and effective for amplifying your sound. With its natural finish and easy-to-play neck, the CC-60SCE is equally suited for casual strumming at home or light performances.

Gretsch Jim Dandy Deltoluxe Concert Acoustic-Electric Guitar

Why It’s Cool: A nod to vintage parlor guitars, the Gretsch Jim Dandy Deltoluxe combines retro aesthetics with a comfortable, compact size, perfect for blues and folk enthusiasts.

Things to Consider:

• Parlor body size results in a more intimate tonal quality than larger guitars
• Agathis construction doesn’t offer quite the tonal depth of solid wood
• Ideal for specific genres but may not suit all playing styles

Shop Now: Gretsch Jim Dandy Deltoluxe Concert Acoustic-Electric Guitar

The Gretsch Jim Dandy Deltoluxe is a charming, vintage-inspired parlor guitar that excels in portability and comfort. Its compact size and warm, mid-focused tone make it perfect for intimate performances or casual practice sessions, and the unique Fishman-designed soundhole pickup makes it a stunning live performance guitar. The agathis construction and classic styling provide a retro vibe, ideal for blues, folk or slide playing. Lightweight and easy to handle, this guitar is a delightful choice for players seeking a distinctive voice and old-school character. This is another guitar with nothing but five-star reviews from customers.

Guild OM-240CE Orchestra Acoustic-Electric Guitar

Why It’s Cool: Guild’s OM-240CE is an orchestra-sized acoustic-electric that offers rich, dynamic tone and elegant styling, all at a wallet-friendly price.

Things to Consider:

• Orchestra body more comfortable for smaller players
• Satin finish wears in to personalize your guitar's look
• Fishman Sonitone electronics deliver solid tone without bells and whistles

Shop Now: Guild OM-240CE Orchestra Acoustic-Electric Guitar

The Guild OM-240CE pairs a solid Sitka spruce top with mahogany back and sides to create a sound that’s clear and balanced across the frequency spectrum. Its orchestra body is comfortable for extended playing sessions, while the Venetian cutaway allows easy access to upper frets. The Fishman Sonitone preamp system ensures reliable amplified tone, whether you’re playing solo or in a band. With its classic Guild headstock and rosette design, the OM-240CE delivers style and substance without breaking the bank.

Ibanez V70CE Dreadnought Acoustic-Electric Guitar

Why It’s Cool: With a dreadnought cutaway body and built-in electronics, the Ibanez V70CE is an excellent budget-friendly option for players seeking amplified versatility.

Things to Consider:

• Laminate construction is more stable with temperature and humidity changes
• The basic electronics system delivers tone that's easy to contour with EQ
• Gloss finish shows fingerprints and smudges easily, so keep it polished

Shop Now: Ibanez V70CE Dreadnought Acoustic-Electric Guitar

The Ibanez V70CE combines affordability with performance features, making it a solid choice for beginners or casual performers. Its spruce top delivers a bright, clear tone, while the agathis back and sides provide warmth and stability. The cutaway design offers easy access to higher frets, and the onboard preamp ensures reliable sound for live settings. With its sleek black finish and user-friendly features, the V70CE is a dependable acoustic-electric guitar for any player on a budget. It’s one of the top-selling and best-reviewed guitars in this range on our website. 

LAVA MUSIC ME Air Carbon Fiber Acoustic-Electric Guitar

Why It’s Cool: Built for adventure, the LAVA ME Air features an ultradurable carbon fiber body that resists temperature and humidity changes, making it ideal for travel and unpredictable conditions.

Things to Consider:

• Smaller size delivers strong mids and tames excess low end
• The futuristic look may not appeal to traditionalists
• Carbon fiber construction has a unique tone that differs from wood guitars

Shop Now: LAVA MUSIC ME Air Carbon Fiber Acoustic-Electric Guitar

The LAVA ME Air is a compact powerhouse with modern sensibilities. Its carbon fiber composite body produces consistent tone regardless of the environment, while its lightweight design makes it easy to carry. The onboard electronics include Bluetooth connectivity for seamless practice and performance integration. Whether hiking in the mountains or jamming at home, this guitar is a cutting-edge choice for players who prioritize innovation and portability.

Martin LX1 Little Martin Acoustic Guitar

Why It’s Cool: Compact and travel-friendly, the Little Martin offers big sound for its size, perfect for players on the go or those looking for a comfortable practice guitar.

Things to Consider:

• Its small body produces less volume and bass compared to larger guitars
• High-pressure laminate (HPL) back and sides may lack the tonal complexity of solid wood
• Not equipped with onboard electronics

Shop Now: Martin LX1 Little Martin Acoustic Guitar

The Martin LX1 Little Martin packs surprising tonal depth into its small frame, making it a favorite for travelers and casual strummers. Its solid Sitka spruce top provides brightness and resonance, while the HPL mahogany back and sides ensure durability. Despite its modest size, the Little Martin delivers a warm, balanced sound suitable for various playing styles. Lightweight and easy to handle, this guitar is an excellent choice for players of all ages and skill levels.

Taylor Baby Taylor Acoustic Guitar

Why It’s Cool: A 3/4-size dreadnought, the Baby Taylor offers exceptional portability and clear, bright tone, making it perfect for young players, travel or practice sessions.

Things to Consider:

• Shorter scale length ideal for smaller hands
• Ideal for travel
• No onboard electronics

Shop Now: Taylor Baby Taylor Acoustic Guitar

The Baby Taylor is a go-anywhere acoustic guitar that combines Taylor’s renowned craftsmanship with unmatched portability. Its solid Sitka spruce top ensures a lively and articulate tone, while the layered sapele back and sides offer durability for frequent travel. Despite its compact size, it produces a surprisingly robust sound that’s ideal for both fingerpicking and light strumming. Whether you’re a beginner or a seasoned player seeking a reliable travel companion, the Baby Taylor hits all the right notes.

Yamaha FG800J Dreadnought Acoustic Guitar

Why It’s Cool: With its solid spruce top and classic dreadnought body, the Yamaha FG800J delivers robust tone and excellent playability at an unbeatable price.

Things to Consider:

• Nato back and sides tame the tonal complexity of the spruce top
• No onboard electronics
• The dreadnought size delivers big sound but may feel bulky for smaller players

Shop Now: Yamaha FG800J Dreadnought Acoustic Guitar

The Yamaha FG800J stands out as one of the most reliable entry-level acoustic guitars on the market. Its solid spruce top provides excellent resonance and projection, while the nato back and sides contribute to its warm and balanced tone. The dreadnought body is perfect for bold strumming and dynamic performance, making it an excellent choice for beginners and intermediate players alike. Durable and affordable, the FG800J is a staple for anyone seeking quality on a budget.

Yamaha FG Series FGX800C Acoustic-Electric Guitar

Why It’s Cool: This acoustic-electric version of the FG800 series combines Yamaha’s trusted craftsmanship with built-in electronics for added versatility.

Things to Consider:

• Laminate back and sides tame the tonal richness of the spruce top
• Onboard electronics for easy amplification
• Slightly larger neck profile might feel less comfortable for small-handed players

Shop Now: Yamaha FG Series FGX800C Acoustic-Electric Guitar

The Yamaha FGX800C adds a modern twist to the FG series with a cutaway design and onboard electronics. Its solid spruce top ensures a bright and balanced tone, while the nato back and sides add warmth and stability. The built-in preamp and tuner make it stage-ready, providing reliable amplified sound for performances. With its durable build and versatile playability, the FGX800C is a fantastic choice for guitarists transitioning into gigging or amplified settings. And customers agree, leaving reviews like, “The sound is amazing unplugged and plugged! The playability is incredible. And the price is insane considering what you get. Absolute bang for your buck. I've played all brands—higher end guitars—and this hangs right in there.”

How to Care for Your Acoustic Guitar

Once you have your new acoustic, it's important to take proper care of it, like that goldfish you had when you were seven. That means keeping it (the guitar, not the goldfish) clean and polished, storing it in its case or bag when you're not playing it, never leaving it in a parked car or extreme environment of any kind (if it's not comfortable for you, it's not comfortable for your guitar). We could say a lot more, and, in fact, we already did in our Riffs article, Five Easy Steps to Care for Your Acoustic Guitar.

If you do run into problems, or just want to make sure that your guitar is properly set up (for which, see our article, What Is a Guitar Setup?) the folks behind the Guitar Center Repairs counter at your local Guitar Center store can help you out, either with a quality setup or any needed repairs and tweaks. 

Conclusion

Good luck on your quest for a new acoustic guitar! We've offered up what we think are some of the best available choices at very accessible prices. If you still have questions or just want to play the guitar you're considering, stop by your local Guitar Center and talk with our knowledgeable associates in the Acoustic Guitar room, or give a ring to our call center and your personal Gear Adviser would love to help you find exactly the acoustic guitar you need. And don't forget that your new guitar needs a comfortable place to rest when you're not playing it, so be sure to check out our great selection of cases and gig bags. Happy strumming!