The 5 Best Acoustic-Electric Guitars Under $500

We bring you the 5 best Acoustic Electric guitars under $500, these are practical and affordable workhorse guitars that make every single penny count.


This page is sponsored by Sweetwater so you can click through to get the full specifications, the latest price, and purchase any of the Acoustic Guitars stocked by Sweetwater that we have recommended.

Expensive acoustic electric guitars don't have a monopoly over quality, besides it's often more exciting to find top-notch guitars in the lower price range. With this in mind, here's the best acoustic electric guitar under 500 bucks.

Note that some of the brands known for their expensive guitars were able to make great guitars within the $500 price range - and some with solid tops too.

Gretsch G5022CE Rancher Acoustic-Electric Guitar

Gretsch G5022CE Rancher Acoustic-Electric Guitar
Manufacturer: Gretsch | Retail Price:$490

The Gretsch G5022CE Rancher is a cool looking and great sounding acoustic electric guitar that sits in the sweet spot where affordability meets quality. As expected from guitars made by Grestch, this guitar sports a killer look, featuring a distinctive triangular sound hole and pickguard shape that will surely to turn heads. The sound produced by its solid spruce top and its jumbo size body is just as impressive, producing loud and clear sounds whether it is plugged in or not. Wrapping up its coolness is the Fishman Isys preamp system featuring a built-in 3-band EQ and chromatic tuner. If you are looking for a "cool" guitar under 500 bucks, this is the package to beat. Check out the latest price and reviews at

Epiphone AJ-220SCE Acoustic-Electric Guitar

Epiphone AJ-220SCE Acoustic-Electric Guitar
Manufacturer: Epiphone | Retail Price:$299

The Epiphone AJ-220SCE is a popular best seller, an affordable acoustic electric guitar that bears specifications close if not at par with more expensive brands. For its price, you are already getting features like a solid sitka spruce top, mahogany back and sides and a practical cutaway shape. Electronics allow for high and low EQ control, phase reversal, volume and even has a built in chromatic tuner. Check out the latest price and reviews at

Washburn WD20SCE Dreadnought

Washburn WD20SCE Acoustic-Electric Guitar
Manufacturer: Washburn | Retail Price:$349

Washburn's current line of acoustics have been drawing players of all level, thanks to their balance of quality and affordability, resulting in instruments that provide impressive value. This instrument offers quite the specs for its price tag, featuring a solid Alaskan Sitka spruce top supported by rosewood back and sides. And since its from Washburn, the guitar does not compromise aesthetics for value, rather it tries to squeeze in as much good wood as it can out of your hard earned cash - this include using rosewood for the bridge, fingerboard and even the headstock cap - giving the guitar a premium and vintage look. Check out the latest price and reviews at

Takamine GD30-CE Acoustic-Electric Guitar

Takamine GD30 Acoustic-Electric Guitar
Manufacturer: Takamine | Retail Price:$369

This is an affordable acoustic-electric guitar that has an impressive preamp system. When plugged in, Takamine's own TP4T preamp kicks in to give you the great sounding tones that you would not expect in this price range. It comes in a full size Dreadnought body with the cuttaway so you can still reach all those high frets. The GD30-CE has a solid spruce top and features mahogany back and sides with a satin finish, all built up to Takamine's quality standards, resulting in a great looking and sounding instrument. Check out the latest price and reviews at

Martin DX1RAE Acoustic-Electric Guitar

Martin DX1RAE Acoustic-Electric Guitar
Manufacturer: Martin | Retail Price:$549

Although this is priced slightly over $500, it's such an impressive guitar that we thought we'd squeeze it in here anyway. The Martin DX1RAE bears the same legacy of quality as those found on high end Martin models, albeit with less eye candies. This one sports the dreadnought shape, which means that you get the sound and shape that helped propel Martin Guitars to success. The guitar comes with a solid Sitka Spruce top and HPL(High Pressure Laminate) back and sides. Other features include the Fishman Sonicore pickup system and preamp. Now you can own a Martin guitar without the hefty price tag. Check out the latest price and reviews at

Hopefully one of the guitars above is just what you're looking for, but if you're still a little unsure then you might find this article helpful: Expert Advice on Choosing Your First Guitar.

If you're looking for a smaller sized acoustic-electric then check out this roundup on Parlor.Guitars.

Sweetwater Thank you to Sweetwater for their sponsorship and providing the full specifications for the guitars above where possible. You can see more acoustic-electric guitars at


Sub $1000 acoustic electric guitars Here are the Acoustic-Electric Guitars up to $1000 that we recommend.

acoustic guitar If you're looking for acoustic guitars in the sub $1000 price range, then take a look at our further recommendations here.

acoustic guitar We present the best brands in Acoustic Guitars as well as the top models across a wide price range from beginner instruments though to professional ones.

acoustic guitar amp Check out these great Acoustic Guitar Amps!

acoustic pickups Report on Pickup Systems for Acoustic Guitars.

tuners Our Roundup of Tuners Specifically Designed for Use With Acoustic Guitars.

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