10 Best Mirrorless Camera Under $500 for 2023 – Reviews and Buying Guides

If you’re looking for a camera that can capture high-quality images without breaking the bank, then a mirrorless camera is your best bet. With a budget of $500 or less, you can get your hands on a solid mirrorless camera that can deliver excellent results. From lightweight and compact designs to impressive autofocus systems, there are many options available when it comes to the best mirrorless camera under $500.

To make your task easier, we’ve scoured the market and compiled a list of the top 10 best mirrorless camera under $500. We’ll provide you with a detailed review of each camera, along with a buying guide that will help you make an informed decision. Whether you’re a beginner or a professional, our list has something for everyone. So, read on to find the perfect camera that fits your needs and budget.

Top Picks

Last update on 2023-12-03 / Affiliate links / Images from Amazon Product Advertising API

Understanding Mirrorless Camera Under $500: An Overview

Mirrorless cameras have increasingly become popular over the years for their compact size, faster shooting capabilities, and high-quality image output. The good news is that one can now buy a mirrorless camera under $500 without compromising on quality. These cameras come with great features such as interchangeable lenses, burst mode shooting, and Wi-Fi connectivity for easy file sharing. Some of the best mirrorless cameras under $500 include the Fujifilm X-A3, Sony Alpha a5000, and the Olympus PEN E-PL7, which come with advanced features at a friendly price.

The Fujifilm X-A3, for example, is a mirrorless camera that features a 24MP CMOS sensor, a 180-degree tilt screen, and Wi-Fi connectivity for photo sharing. The Sony Alpha a5000, on the other hand, boasts a 20.1 MP sensor, 3-inch tilting LCD screen, and Full HD 1080/60i video recording capabilities. The Olympus PEN E-PL7 comes with a 16 MP Live MOS sensor, 8 fps burst mode shooting, and Wi-Fi connectivity. These mirrorless cameras offer a great alternative for photographers looking for a lightweight and budget-friendly option.

Best Mirrorless Camera Under $500 – Reviews & Comparison

SaleRANK 1
Panasonic LUMIX G100 4k Mirrorless Camera for Photo and Video, Built-in...
  • Feature-Packed Camera: Why trust your memories to a phone. With exceptional performance and versatility, the LUMIX G100 captures life in crystal-clear 4K photo,...
  • Grows as Your Skills Grow: iA (intelligent auto) mode gives the perfect shot every time, or use manual modes as your skills sharpen; Micro Four Thirds system is...
  • Use as a Webcam: Easily connect the G100 to your computer so that your web calls, livestreams, interviews, and media all look crisp, bright, and professional
  • Shoot, Transfer, Edit, Share: Features guide you at every step—frame marker for social media aspect ratios; facial recognition; blur-free dual image...
  • Advanced 360-Degree Sound: High-performance microphone with tracking audio auto-adjusts to record clearly inside or outside, in crowds, one-on-ones, nature, and...
SaleRANK 2
Canon EOS R100 RF-S18-45mm F4.5-6.3 is STM Lens Kit, Mirrorless Camera, RF...
  • Compact, lightweight EOS R series camera with an affordable price
  • Smallest and lightest camera body in the EOS R series1 built for excellent mobility
  • High image quality with a 24.1 Megapixel CMOS (APS-C) sensor and DIGIC 8 processor
  • Dual Pixel CMOS AF covering a wide area2 up to 143 zones with auto subject detection and Eye Detection AF available with Servo AF.
  • Continuous capture of up to 6.5 shots per second when set to One-Shot AF
SaleRANK 3
Panasonic LUMIX GX85 4K Digital Camera, 12-32mm and 45-150mm Lens Bundle, 16...
  • Fine Detail Performance: 16 megapixel Micro Four Thirds sensor with no low pass filter resulting in a near 10 percent boost in fine detail resolving power over...
  • Mirrorless Interchangeable Lens Camera Kit: With 2 super compact lenses 12 32mm F3.5 5.6 and 45150mm F4.0 5.6, shoot lighter and faster with the modern hybrid...
  • Class Leading Dual Image Stabilization: In body 5 axis dual image stabilization works in both photo and motion picture recording—including 4K video—to...
  • Live Viewfinder and Tilting LCD Display: Integrated eye level electronic viewfinder (2764K dots) and rear touch enabled 3 inch LCD display (1040K dots) provides...
  • 4K VIDEO CAPTURE: 4K QFHD video recording (3840 x 2160), plus exclusive Lumix 4K photo and 4K post focus allows you to record photos up to 30fps and...
SaleRANK 4
Panasonic LUMIX G7 4K Digital Camera, with LUMIX G VARIO 14-42mm Mega O.I.S....
  • Professional photo and video: Performance: 16 megapixel micro four thirds sensor with no low pass filter to confidently capture sharp images with a high dynamic...
  • 4K video Capture: 4K QFHD video recording (3840 x 2160) with 3 unique 4K ultra HD video pause and save 4K photo modes extracts individual high resolution...
  • Intuitive Controls: Easily control aperture and shutter settings with the front and rear dials while making White balance and ISO adjustments on the fly; Assign...
  • High Resolution Viewfinder and LCD Display: High resolution (2,360K dot) OLED live view finder and rear touch Enabled 3 inch tilt/swivel LCD display (1,040 dot)...
  • Connectivity and Ports: 3.5 millimeter external mic port, 2.5 millimeter remote port, USB 2.0 and micro HDMI Type D; Compatible with newer BUS Class UHS I/UHS...
SaleRANK 5
Panasonic LUMIX G85 4K Digital Camera, 12-60mm Power O.I.S. Lens, 16 Megapixel...
  • Fine Detail Performance: 16 megapixel micro four thirds sensor with no low pass filter resulting in a near 10 percent boost in fine detail resolving power over...
  • Mirrorless Interchangeable Lens Camera: With 12 60 millimeter lens, Shoot lighter and faster with the modern hybrid photography performance of a mirrorless...
  • Class Leading Dual Image Stabilization: In body 5 axis dual image stabilization works in both photo and motion picture recording including 4K video to produce...
  • Live Viewfinder and Flip LCD Display: Integrated eye level OLED live viewfinder (2360K dots) and rear touch Enabled 3 inch LCD Display (1040K dots) adjusts for...
  • 4K video Capture: 4K QFHD video recording (3840 x 2160), plus exclusive Lumix 4K photo and 4K Post Focus allows you to record photos up to 30fps and...
SaleRANK 6
Sony Alpha a6000 Mirrorless Digital Camera 24.3MP SLR Camera with 3.0-Inch LCD...
  • Advanced 24.2MP back Illuminated 35 millimeter full frame image sensor
  • ISO 100 25600 (expandable to 51200). Lens compatibility: Sony E mount lenses
  • Hybrid AF with 179 point focal plane phase detection and 25 contrast detect points
  • Up to 11 FPS continuous shooting. Battery Life (Still Images): Up to 360 shots. Metering type:1200-zone evaluative metering
  • 3 inch tilting LCD with 921,000 dots. Viewfinder Type: 0.39 in type electronic viewfinder (color)
SaleRANK 7
Canon EOS M50 Mirrorless Vlogging Camera Kit with EF-M 15-45mm Lens, Black
  • Dual Pixel CMOS AF for fast, accurate autofocus that helps you get the photo you want right as the moment happens
  • 241 Megapixel APS C CMOS sensor and the DIGIC 8 Image Processor delivers incredible color, clear details, and stunning range
  • Vari angle touchscreen LCD has a flexible tilt range ideal for high angle and low angle shooting, and reviewing your photos
  • Built in high resolution electronic viewfinder features approximately 2,360,000 dots to see high amounts of detail when capturing
  • Use the EOS Utility Webcam Beta Software (Mac and Windows) to turn your compatible Canon camera into a high-quality webcam
SaleRANK 8
Sony Alpha a5000 Mirrorless Digital Camera with 16-50mm OSS Lens (Black)
  • 20.1 MP Exmor APS-C sensor for great images
  • Mirror less DSLR - Compact Interchangeable Lens camera system
  • Quick Wi-Fi connectivity to smartphones via NFC
  • Model: ILCE5000L/B
RANK 9
VJIANGER Digital Camera 4K Vlogging Camera 64MP Mirrorless Cameras for...
  • 📸4K Digital Camera for Photography📸: The 4k youtube camera with 60fps video resolution and 64 megapixel, provides a smooth shooting experience than 2.7K...
  • 📸4K Vlogging Camera for Youtube as Webcam 📸: This 4k wifi camera can be used as a webcam just by connecting the PC with type C cable, choosing the "PC...
  • 📸Point and Shoot Camera with Wifi & Pause Function 📸: Wifi connection can turn your smart phone into a wireless remote control and you can instantly...
  • 📸Auto & Manual Focus Function Keep You in Focus📸: This 4k point and shoot camera supports manual focus(MF). Whether in video or camera mode, just gently...
  • 📸Easy to Use Beginners Camera📸: VJIANGER 4k mirrorless camera with compact size(0.86LB, 3.9*3.9*5.0 INCH)is so lightweight and portable. Pefect for...
RANK 10
HEX Ranger Camera Mini Sling, Lightweight Water Resistant Mirrorless Camera...
  • EQUIP THE CREATORS: The Hex Ranger Sling has everything you need for your next shoot. Equipped with adjustable dividers giving all your lens a home, external...
  • BALLISTIC CORDURA SHELL: Ready for whatever you can throw at it – the ballistic outer shell is extremely durable Cordura Eco fabric that resists water,...
  • DAILY CARRY AND TRAVEL MVP: Cushioned inserts can be completely removed or rearranged for use as a compact weekend pack or overnight bag for quick trips and...
  • SPECS: Dimensions: 5.5" H x 10.5" W x 3" D | Weight: 0.8 lbs | Capacity: 2.5L
  • HERE AT HEX: we are all about creativity and expression. In fact, our motto is "Equip The Creators." We are always looking to make people's lives better by...

Last update on 2023-12-03 / Affiliate links / Images from Amazon Product Advertising API

Why is it Important to Consider Buying Mirrorless Camera Under $500?

Looking for a high-quality camera that won’t break the bank? A mirrorless camera under $500 could be the perfect option for you. Here are some top reasons to consider investing in one.

Affordability

When looking for a new camera, one of the biggest factors that influence our decision is affordability. Some of us have limited budgets and cannot afford to spend a lot of money on such equipment. This is where buying a mirrorless camera under $500 becomes essential for those who want to upgrade their photography equipment without breaking the bank.

Having an affordable mirrorless camera can provide beginners with a great opportunity to improve their photography skills without worrying too much about the cost of the camera. They can experiment with different settings and modes and discover what works best for them without feeling too much pressure on their budget. Furthermore, buying an affordable mirrorless camera can allow us to have a backup camera or an additional camera for certain types of photography, without overspending. Therefore, making a smart purchase of an affordable mirrorless camera can save us money and enable us to improve our photography skills or simply diversify our equipment.

Portability

One major reason for wanting to buy a mirrorless camera under $500 is portability. Mirrorless cameras are known for being lightweight and compact, making them easy to carry around and operate. They are perfect for travelers, bloggers, and those who are constantly on the go, as they don’t take up much space and are less burdensome than traditional DSLR cameras.

Due to their small size, mirrorless cameras can also fit into smaller bags and backpacks, making them convenient for hiking or adventuring. Their portability allows for quick and easy access to capture precious moments and memories. In addition, many mirrorless cameras have interchangeable lenses, which further adds to their versatility and portability, as different lenses can be used for different situations. Overall, the portability of mirrorless cameras is a major advantage for those who prioritize convenience and ease of use.

High-quality images

High-quality images are the primary focus of any photography enthusiast. Mirrorless cameras are preferred over DSLRs as they have a much faster focusing system, and the absence of a mirror in the body reduces the vibration that leads to blurry images. Additionally, the mirrorless camera has an electronic viewfinder (EVF), which shows the exact image that the camera lens sees. This eliminates the guesswork and provides more control and accuracy when composing the shot. The mirrorless camera’s smaller size and lightweight make it easy to carry around and take shots from any angle. With superior image quality, portrait and landscape photography, and videography become convenient and effortless. Overall, investing in a mirrorless camera under $500 ensures that you get high-quality images that are worth cherishing for a lifetime.

What Things to Consider when Buying Mirrorless Camera Under $500?

Selecting the best mirrorless camera under $500 may seem daunting with so many options available. However, by taking into account a few key factors, you can narrow down your search and find the perfect camera to meet your needs.

Sensor size

When it comes to selecting a mirrorless camera under $500, it is essential to consider the sensor size. The sensor size is the heart of the camera, and its size determines the quality and depth of the photographs. The larger the sensor, the more light it can capture, which results in higher image quality, better low-light performance, and higher resolution. Generally, larger sensors are found in professional-level cameras, but some budget-friendly mirrorless cameras also come with decent-sized sensors that offer good image quality.

Therefore, investing in a camera with a larger sensor size will ensure that the quality of your pictures is improved, making it worth spending a little extra on. A mirrorless camera with an APS-C sensor or larger can be an excellent choice for budget photographers, as it will provide more control over the depth of field, better image quality in low light, and improved dynamic range, all of which contribute to producing stunning images.

Lens compatibility

Lens compatibility is an important factor to consider when purchasing a mirrorless camera under $500. Mirrorless cameras use interchangeable lenses, which means that not all lenses are compatible with all cameras. Before purchasing a mirrorless camera, it is essential to ensure that the lenses you want to use are compatible with the camera you intend to buy. The cost of lenses can quickly add up, so it is crucial to make sure that your investment in lenses is compatible with the camera you purchase. Additionally, certain camera brands have more extensive lens selections than others, so it is essential to consider which brand of camera will give you access to the lenses you want while staying within your budget.

Furthermore, lens compatibility can have a significant impact on the quality of your photographs. Different lenses are designed for specific purposes, such as portraits, landscapes, or wildlife photography. Choosing the right lens for your desired style of photography can make a significant difference in the quality of your images. If you already own lenses that you intend to use with your new mirrorless camera, it is vital to ensure that they will work with the camera you want to purchase. On the other hand, if you are starting fresh and plan to buy all new lenses, consider the lens selection of the camera brand and model you are interested in before making the final decision.

Autofocus system

Autofocus is an essential aspect of a camera, and it is crucial to consider the autofocus system before buying a mirrorless camera under $500. A good autofocus system can make all the difference in capturing clear and sharp images. It allows for faster and more accurate focusing, and it reduces the likelihood of missed shots. An autofocus system that performs well in low-light conditions is especially important if you plan to shoot in low light or indoor settings.

Moreover, a mirrorless camera’s autofocus system should also offer a variety of focusing modes, including single-point AF, continuous AF, and face detection. These features allow you to be more creative and versatile with your photography and capture images with excellent clarity and sharpness. Ultimately, investing in a mirrorless camera with a reliable autofocus system can enhance your overall photography experience and improve the quality of your images.

Image stabilization

Image stabilization is an essential feature to consider before purchasing any camera, especially in the budget range of under $500. Image stabilization helps to eliminate the blur or shaking effect on a picture caused by camera motion during handheld or low light shooting. When shooting with a mirrorless camera under $500, the absence of image stabilization could result in lower-quality images with unwanted blurs or blurred edges, reducing picture quality and ultimately impacting your overall photography experience.

Furthermore, mirrorless cameras have smaller and lighter designs than traditional DSLRs, making them more prone to camera shake. With image stabilization, the camera’s sensor or lens would counteract this issue by compensating for the movement, regardless of camera or lens type. Thus, investing in a mirrorless camera with image stabilization will provide sharper and clearer images while maximizing the camera’s potential and improving your photography skills.

Video capabilities

Video capabilities are an important consideration when buying a mirrorless camera under $500. With the rise of social media and digital marketing, video content has become an essential part of many businesses and personal brands. Therefore, a camera that can record high-quality video is crucial, particularly at this price range where the options may be limited.

Additionally, the ability to shoot video is also important for creative purposes. With a mirrorless camera, you can experiment with different angles, lighting, and framing to produce high-quality videos that stand out. Whether you’re a content creator or just looking to document special moments, a mirrorless camera with good video capabilities can offer a lot of value.

Battery life

When considering purchasing a mirrorless camera under $500, it’s important to also think about the battery life. Mirrorless cameras are known for their small size and portability, but that also means they have smaller batteries compared to their DSLR counterparts. If you plan to use your camera for extended periods of time or use features that consume a lot of battery power, such as shooting video or using the electronic viewfinder, you may want to consider a camera with a larger battery or the option to use external batteries. Otherwise, you may find yourself constantly needing to recharge or replace batteries which can be a hassle and inconvenience.

Additionally, a camera with poor battery life may not be ideal for situations where you’re shooting in remote locations or for longer periods of time, such as during outdoor photography trips. A camera with longer battery life will allow you to take more photos without worrying about running out of power, giving you more time to focus on your photography and less time spent swapping out batteries. Ultimately, considering battery life before buying a mirrorless camera under $500 can save you time, money, and frustration in the long run.

Frequently Asked Questions

What is a mirrorless camera and how is it different from a traditional DSLR camera?

A mirrorless camera is a type of digital camera that does not have a mirror mechanism. Instead, it uses electronic viewfinders and image sensors to capture and display images. With a mirrorless camera, the image is captured by the image sensor and then displayed on the electronic viewfinder or the LCD screen on the back of the camera. Mirrorless cameras are smaller and lighter than traditional DSLR cameras because they lack the bulky mirror box and prism that is found in DSLR cameras.

In contrast, DSLR cameras use a mirror mechanism to reflect the image from the lens to the optical viewfinder. These cameras have larger image sensors, better autofocus, and longer battery life than mirrorless cameras. However, they are heavier and bulkier than mirrorless cameras. Additionally, their mirror mechanism can create noise and vibrations, which can affect image quality when using slow shutter speeds.

What are the main features I should look for when choosing a mirrorless camera under $500?

When choosing a mirrorless camera under $500, there are some key features you should consider before making your purchase. Firstly, the image sensor is a critical element to consider. Look for a camera with a larger sensor, such as an APS-C or micro four thirds, as this will improve image quality, especially in low light situations.

Next, pay attention to lens compatibility and availability, as this can greatly affect the overall cost of your camera system. Some mirrorless cameras come with a kit lens, but you’ll also want to ensure that there is a wide selection of lenses available to expand your photography options. Finally, consider the camera’s size and weight, as well as its ergonomic design, to ensure it’s comfortable to hold and easy to operate.

Can I still achieve professional-quality photos with a mirrorless camera under $500?

Yes, it is absolutely possible to achieve professional-quality photos with a mirrorless camera under $500. With advances in technology, even entry-level mirrorless cameras now have impressive features such as high-resolution sensors, fast autofocus, and image stabilization. Coupled with the right lenses, these cameras can produce stunning images with sharp details, vibrant colors, and excellent low-light performance.

However, it is important to note that professional-quality photography is not just about the gear but also the skills and techniques of the photographer. Investing in learning and practicing composition, lighting, and post-processing can elevate the quality of your photos regardless of the camera you use.

Final Thoughts

After carefully analyzing and reviewing various mirrorless cameras available in the market, we have compiled a list of the top 10 best mirrorless cameras under $500. These cameras offer excellent performance, quality, and features at an affordable price point.

Whether you are a beginner, an enthusiast, or a professional, there is a mirrorless camera on this list that suits your needs. From the compact and lightweight Sony Alpha a5100 to the versatile and feature-rich Panasonic Lumix G7, these cameras offer exceptional value for the price. So, if you are looking for the best mirrorless camera under $500, look no further than our top picks.

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