Affordable Engagement Rings: Here's Where To Find The Best Deals – Forbes

Finding the perfect engagement ring for your partner can feel daunting. Balancing design preferences and budget might seem overwhelming, but it’s by no means impossible. There are plenty of affordable engagement rings that are beautiful, high-quality and unique—you just have to know where to find them.
Finding an affordable engagement ring is easy when you know where to look. Here are some of the best … [+] retailers offering deals right now.
According to Brides’ 2020 American Wedding Study, the average couple typically spends around $3,800 on an engagement ring, so we’re considering anything below that threshold to be on the affordable end of the spectrum. Below, we’ve rounded up the best places offering engagement ring deals right now, as well as some specific options starting at $466.

This woman-owned jeweler uses ethically sourced diamonds to create timeless, heirloom-quality pieces. Right now, Forbes Vetted readers can use code FORBES10 to take 10% off sitewide.
This bestselling design from Verlas includes a 0.25-carat Responsible Jewellery Council-certified diamond set among 20 smaller diamonds. You can choose between 14- and 18-karat white, yellow or rose gold for the band as well as platinum—but keep in mind that opting for more premium metal will increase the price. You can also select a larger diamond (up to 1.3 carats) if you’re willing to spend more.
Fred Meyer Jewelers has been around since the 1970s, and offers a robust catalogue of fine jewelry—including popular engagement ring styles. Through the end of the day today, you can save 25% on most of its styles and nab an extra 10% off with code SALE.
Fred Myers
This engagement ring is beautifully understated. It has a round 0.5-carat diamond set in a traditional 14-karat white gold band, which come together to create a timeless design.
Ritani offers transparent pricing, price matching and a lifetime warranty on your ring. It’s offering 25% off all settings now through August 15.
This four-prong setting is sure to win over any minimalist, and can accommodate a variety of diamond shapes. The most affordable option is made from 14-karat white gold, but you can choose another metal if you’d like.
This retailer has been designing rings since 1915—so you know they’re delivering on quality and customer experience. Use code CONGRATS to save up to $400 depending on how much you spend, or take 15% off engagement rings work $2,999 or more with code YES15.
Helzberg Diamonds
This pretty ring contains a 0.1-carat oval-cut diamond that’s nested among a halo of 34 rounded diamonds. It’s a statement piece that’s heavily discounted at the moment (it’s $500 off). If you prefer a more streamlined princess cut, this one is on sale for $1,500 off.
James Allen
Like some of the other retailers on this list, James Allen operates almost entirely online, which allows it to cut overhead costs and offer better prices than your local jeweler can. If you sign up for its newsletter, you’ll get a promo code for up to 25% off almost everything on the jewelry brand’s site—including engagement rings.
James Allen
By signing up for James Allen’s newsletter and using the corresponding promo code, you can snag this $3,067 engagement ring for just over $2,500. The brand also offers free inscriptions, if that’s something you’re interested in.
Believe it or not, the department store carries an impressive selection of engagement rings. Right now, you can find hundreds of options on sale for up to 40% off.
Round-cut rings are some of the most popular, and at 46% off this one is definitely worth checking out. The classic halo design features a 0.75-carat diamond surrounded by a halo of smaller diamonds set in a 14-karat white gold band. Just note that this ring is only available in a size seven.
When it comes to engagement rings, Zales is a household name. The retailer carries thousands styles that can be customized to your preferences. Check out its clearance section to take up to 50% off over 2,700 rings now. You’ll also get an extra 15% off when you certain ones to your cart.
Princess-cut engagement rings are also extremely popular, so you can’t go wrong with this 0.5-carat option. The band is made of 14-karat white gold and lined with delicate diamonds. The best part: It’s currently available for 50% off.
If you want a wide selection of unique styles and vintage options (and you don’t mind digging a bit), Etsy is the place to go. Just keep in mind that you might not be able to verify where the diamonds were sourced.
This stunning ring is made of a 2-carat lab-grown diamond set in a white, yellow or rose gold band of your choice. The seller is a Star Seller on Etsy, meaning they’ve accrued consistent five-star reviews, ship their items on time and offer excellent customer service.


Leave a Comment