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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
    Sony Playstation 5 Slim Digital Edition
    #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
    $359.20at Streetretail.nycVerifiedCompare 7 stores →
  2. Sony
    Sony PlayStation 5 Disc Edition, Slim Console (PS5)
    #2

    Sony PlayStation 5 Disc Edition, Slim Console (PS5)

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  • With Motion Control: Yes
  • Blu-Ray Compatible: Yes
  • 4K Capable: Yes
  • Color: Black, White, Eu Plug, Marvel’s Spider-Man 2 Limited Edition Bundle
  • Wireless Connectivity: Bluetooth, Wi-Fi
  • Edition Type: Standard Edition
$400.00at PoshmarkObserved at 8:44 PMCompare 9 stores →
  • Sony
    Sony PlayStation 5 PS5 Digital Edition Console 825GB 1000039670
    #3

    Sony PlayStation 5 PS5 Digital Edition Console 825GB 1000039670

    • With Motion Control: Yes
    • Blu-Ray Compatible: Yes
    • 4K Capable: Yes
    • Color: Black, White, Eu Plug, Marvel’s Spider-Man 2 Limited Edition Bundle
    • Wireless Connectivity: Bluetooth, Wi-Fi
    • Edition Type: Standard Edition
    $399.20at Streetretail.nycVerifiedCompare 6 stores →
  • Sony
    Sony PlayStation 5 Digital Edition Slim Console
    #4

    Sony PlayStation 5 Digital Edition Slim Console

    • Weight: Approx. 2.6kg
    • Storage: 1 TB SSD
    • Disc drive: no disc drive
    • Included controller: DualSense® Wireless Controller
    • Warranty: 12 month manufacturer’s warranty
    • Max frame rate: up to 120fps with 120Hz output
    Prices and history →
  • Sony
    Sony PlayStation 5 Disc Edition, Slim Console
    #5

    Sony PlayStation 5 Disc Edition, Slim Console

    • With Motion Control: Yes
    • Blu-Ray Compatible: Yes
    • 4K Capable: Yes
    • Color: White
    • Wireless Connectivity: Bluetooth, Wi-Fi
    • Supported Network: PlayStation Network
    $400.00at PoshmarkObserved at 7:35 PMCompare 4 stores →
  • Sony
    Sony PlayStation 5 Digital Edition Slim Console (1TB)
    #6

    Sony PlayStation 5 Digital Edition Slim Console (1TB)

    • With Motion Control: Yes
    • Blu-Ray Compatible: Yes
    • 4K Capable: Yes
    • Supported Network: PlayStation Network
    • Wireless Connectivity: Bluetooth, Wi-Fi
    • Edition Type: Standard Edition
    $400.00at PoshmarkObserved at 8:43 PMCompare 8 stores →