Best PlayStation 5 consoles under $500
Researched by Deal.ai's shopping agent across stores on November 5, 2026. Prices below are today's.
Top pick: the PS5 Slim Digital Edition. It's the current-generation slim body, so it's the smallest and quietest of the PS5s, and it's the cheapest way into the platform — you buy games digitally, which suits most people who already stream everything. It comes with a DualSense controller and expandable storage.
Who the others suit:
- PS5 Slim with a disc drive — if you own Blu-rays, borrow discs, or want to resell games after finishing them.
- Older 825GB Digital Edition — a fine budget route if you don't mind the larger original chassis and less storage.
- Bigger-storage or limited-edition bundles — only worth it if you want the extras; they run past your cap.
Skip anything refurbished or pre-owned unless you're comfortable with a shorter warranty.
The picks
- #1
Sony Playstation 5 Slim Digital Edition
- Expandable Storage: Yes
- Game Controller Type: DualSense wireless controller
- Game Controller Features: Haptic feedback, Adaptive triggers
- Compatible Media: Digital Download
- TV Connection: HDMI
- Connector Type: HDMI
Ask our shopping agent
It checks today's price at every store, compares the alternatives and answers in about a minute.


