Best Projector Under $500 in 2026

By Billy G. | Updated Jun 6, 2026

Editorially reviewed · Verify specs & prices before purchasing

✓ Last verified: Jun 6, 2026 ✓ Sources: manufacturer specs, expert reviews, benchmark data ✓ Prices checked against multiple retailers ✓ Affiliate links disclosed below

A 100-inch image from under $500 is achievable — but the lumen claims on budget projectors are routinely inflated by 3-5x versus real ANSI measurements. Knowing which specs to trust separates a projector that works in your room from one that only works in a pitch-black basement.

Best Overall

BenQ TH671ST — Best Projector Under $500

The BenQ TH671ST at $499 is the projector to beat under $500 for home theater use with gaming. 3,000 ANSI lumens (manufacturer-verified, not LED equivalent) produces a watchable 100-inch image with ambient light and a brilliant image in a dark room. Short-throw 0.69:1 ratio: 5 feet from the screen produces a 100-inch image — workable in most living rooms. 1080p native resolution. 16ms input lag at 120Hz specifically for gaming mode. 10-watt built-in speakers. 15,000-hour lamp life in eco mode. Three-year warranty.

Check BenQ TH671ST Price on Amazon TH671ST on eBay 880 on eBay

Best Projectors Under $500 Compared

ProjectorBest ForANSI LumensThrow RatioInput LagPrice
BenQ TH671STBest Overall3,0000.69:1 (short)16ms at 120Hz~$499
Epson Home Cinema 880Best Family/Casual3,3001.22:1 (standard)~30ms~$479
XGIMI MoGo 2 ProBest Portable400 ISO1.2:1 (standard)~50ms~$429
Anker Nebula Cosmos 2Best Smart OS900 ANSI1.2:1 (standard)~35ms~$449
ViewSonic PX701HDBest Budget Brightness3,5001.5:1 (standard)~33ms~$389

1. BenQ TH671ST — Best for Living Room Home Theater with Gaming

Short-throw projectors solve the apartment-sized living room problem. Standard throw at 1.5:1 needs roughly 12.5 feet for a 100-inch image — requiring placement behind seating in most rooms. The TH671ST at 0.69:1 ratio needs only 5.7 feet for the same image, placing the projector on a coffee table or shelf without blocking sight lines. The 16ms input lag at 120Hz is the key gaming spec: it matches the responsiveness of most budget gaming monitors for casual gaming. 1080p/120Hz input support means PS5 and Xbox Series X run at 120fps. BenQ's CinematicColor technology produces accurate Rec.709 color without manual calibration — most competitors require ISF calibration for accurate color at this price.

2. Epson Home Cinema 880 — Best for Bright Rooms and Family Movie Nights

The Epson Home Cinema 880 at $479 uses 3LCD projection technology instead of DLP. The practical difference: 3LCD produces no rainbow artifact (a brief color fringing some people see on DLP projectors during fast motion or when looking away from the screen), making it more comfortable for sensitive viewers. 3,300 lumens with 3LCD produces genuinely bright images across a wider range of room conditions than equivalent-spec DLP. The 1.22:1 standard throw needs about 10 feet for a 100-inch image — manageable in most living rooms with a ceiling mount or rear shelf. Built-in Android TV in this version handles streaming without external devices. Color accuracy out-of-box is above average for the price.

BenQ TH671ST Pros

  • 3,000 ANSI lumens — verified brightness for ambient-light viewing
  • Short-throw 0.69:1 — 100-inch image from 5.7 feet
  • 16ms input lag at 120Hz — responsive enough for casual gaming
  • Accurate Rec.709 color without calibration
  • 3-year warranty with lamp replacement program

BenQ TH671ST Cons

  • DLP — rainbow artifact visible to some viewers on fast motion
  • No built-in smart TV — requires external streaming stick or box
  • Fan noise at full brightness is audible in quiet rooms
  • Lamp replacement cost ~$60–$80 at 3,000–5,000 hours

The Lumens Honesty Problem: ANSI vs. Manufacturer Claims

This is the single most misleading spec in projector shopping. ANSI lumens is the standardized measurement: nine points across the projected image, averaged. Manufacturer-rated brightness can be measured at peak brightness on a single point, using LED brightness equivalency multipliers, or under controlled conditions not representative of real use. A projector claiming "10,000 lumens" often measures 600–1,200 ANSI lumens. The rule: any projector under $300 claiming over 5,000 lumens is using inflated figures. For real room brightness, you need 2,000+ ANSI lumens for a dark room and 3,000+ ANSI lumens for a room with ambient light. The BenQ, Epson, and ViewSonic options in this guide list verified ANSI lumens. Smart/portable projectors like XGIMI and Nebula use ISO 21118 lumen ratings, which are more honest but not directly comparable to ANSI.

Check Epson Home Cinema 880 Price on Amazon 100-Inch Projector Screen (Recommended) TH671ST on eBay 880 on eBay

Frequently Asked Questions

What is the best projector under $500?

The BenQ TH671ST at $499 is the best projector under $500 for dedicated home theater use. 3,000 ANSI lumens is the brightness spec that matters most — it produces a watchable 100-inch image in a room with ambient light. Short-throw 0.69:1 ratio means you only need 5 feet of distance for a 100-inch image. Full HD 1080p native, gaming-optimized 16ms input lag at 120Hz. The Epson Home Cinema 880 at $479 is the better pick for family use with slightly better color accuracy and easier setup.

How many lumens do I need for a projector?

1,000 lumens produces a watchable image only in a fully dark room at 80 inches. 2,000 lumens handles dark rooms at up to 100 inches and dimly lit rooms at 80 inches. 3,000 lumens works in a room with closed blinds at 100 inches. 4,000+ lumens handles ambient light in living rooms. Most "native 1080p under $300" projectors advertise "LED lumens" or manufacturer-rated brightness that is 3-5x higher than ANSI lumens. Always verify ANSI lumen rating, not manufacturer-quoted brightness.

Short-throw vs standard throw: which is better for apartments?

Short-throw projectors (0.4:1–0.7:1 throw ratio) produce a large image from 2–5 feet away — essential for apartments, small living rooms, or setups where furniture or room length limits distance. Standard throw projectors (1.2:1–2.0:1) need 8–12 feet for a 100-inch image and produce sharper images at lower cost. If you have the space, standard throw delivers better image quality per dollar. If space is a constraint, short-throw justifies its premium.

Who should buy

Buyers who prioritize BenQ's strengths and want the best in this category.

Who should avoid

Budget-conscious buyers or those who don't need the premium features — consider the alternatives below.

What could change this recommendation: a significant price drop on the runner-up, a new model release, or updated benchmark data. This page is re-verified periodically.

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