Best acoustic guitars under $500 2024: get more for your money

A trio of Yamaha acoustic guitars leaning against a brick wall
(Image credit: Future)

How much should you pay for an acoustic guitar? It’s a really common question and the truth is you should pay as much as you can, because inevitably the more you spend the more you’ll get for your cash. Not all of us have two grand to drop on a new Taylor or Martin so if your budget is a little tighter, don’t worry, you can still get one of the best acoustic guitars under $500.

Many major acoustic guitar manufacturers have woken up to the fact that the beginner market is burgeoning and that not everyone can afford to spend loads of money on a new acoustic guitar. That’s good for us bargain hunters, as even the biggest acoustic brands now produce quality instruments in the sub-$500 category. You’ll find quality hardware, solid tops, and excellent electronics on many of the models here, ensuring you get the most for your money.

Chris Bird author image
Chris Bird

Chris has been the Editor of Total Guitar magazine since 2020. Prior to that, he was at the helm of Total Guitar's world-class tab and tuition section for 12 years. He's a former guitar teacher with 35 years playing experience and he holds a degree in Philosophy & Popular Music. Chris has interviewed Brian May three times, Jimmy Page once, and Mark Knopfler zero times – something he desperately hopes to rectify as soon as possible.

Daryl Robertson
Daryl Robertson

I'm Guitar World's Senior Deals Writer. In this role I create and maintain the 200+ buyer's guides you'll find on the site, find the best deals on guitar products for our readers, and test the latest gear. My reviews have been featured in prominent publications including Total Guitar, Future Music magazine and MusicRadar.com.

During my career, I have been lucky enough to talk to many of my musical heroes, having interviewed Slash and members of The Offspring, Foo Fighters, Sum 41, Thrice, and more. Prior to joining the Guitar World team, I worked in music retail, at Kenney's Music in Dundee, Scotland. For a decade, I advised everyone from absolute beginners to seasoned pros on the ultimate gear for their needs, from beginner acoustic guitars, to top-end modelers.

Guitar World author Matt McCracken playing guitar on stage
Matt McCracken

Matt is a Junior Deals Writer here at Guitar World. He regularly tests and reviews music gear with a focus on guitars, amps, pedals, modelers, and pretty much anything else guitar-related. Responsible for over 60 buying guides, a large part of his role is helping guitarists find the best deals on gear. Matt worked in music retail for 5 years at Dawsons Music and Northwest Guitars and has written for various music sites including MusicRadar, Guitar Player, Guitar.com, Ultimate Guitar, and Thomann’s t.blog. 

A regularly gigging guitarist with over 20 years of experience playing live and writing and recording in bands, he's performed everything from jazz to djent, gigging all over the UK in more dingy venues than you can shake a drop-tuned guitar at. When he's not holed up in his home studio recording new songs or tweaking pedal settings, you’ll find him making a racket with Northern noise hounds JACKALS

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Chris Bird

Chris has been the Editor of Total Guitar magazine since 2020. Prior to that, he was at the helm of Total Guitar's world-class tab and tuition section for 12 years. He's a former guitar teacher with 35 years playing experience and he holds a degree in Philosophy & Popular Music. Chris has interviewed Brian May three times, Jimmy Page once, and Mark Knopfler zero times – something he desperately hopes to rectify as soon as possible.

With contributions from