affordable engagement
affordable engagement

Affordable Engagement Rings 2023: The Best Places To Find Deals

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.

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.

Where To Find Affordable Engagement Rings


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.

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.

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.

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