10 Best Mirrorless Camera under $500 for 2024 [Buyer’s Guide]

Finding the ideal mirrorless camera under $500 entails careful consideration of various factors beyond mere price. While photography can be a pricey pursuit, there are commendable options available within this budget range. The allure of smartphone cameras notwithstanding, a dedicated camera provides a tactile experience that many enthusiasts appreciate. Delving into the used market can unveil hidden gems at competitive prices, with platforms like eBay and trusted retailers offering a plethora of choices.

When scouring for the best mirrorless camera under $500, it’s essential to weigh the merits of different camera types. Interchangeable-lens cameras, including DSLRs and mirrorless variants, offer versatility with lens options, while fixed-lens compacts provide convenience. Sensor size plays a pivotal role in image quality, with larger sensors yielding richer details and enhanced dynamic range. However, it’s imperative to strike a balance between image quality and portability, considering the physical dimensions of the camera.

Key specifications such as sensor resolution and videography capabilities should guide the selection process. While high megapixel counts may seem enticing, they may be optional for casual photography or social media sharing. Videographers should prioritize cameras with adequate video resolution and frame rates, along with features like mic input sockets for improved audio quality.

Each camera model presents its own set of advantages and drawbacks, which are informed by extensive testing and review. By carefully assessing individual needs and preferences, photographers can pinpoint the ideal mirrorless camera under $500 that aligns with their creative aspirations and budget constraints.

How to choose the Best Mirrorless Camera for your Photography?

How is this conceivable? There are two principal reasons. First, they are becoming increasingly advanced as the years pass by and new models are being discharged. This is the sort of rising tide that lifts all pontoons since highlights that you’d observe on the most developed and best DSLR cameras or best mirrorless camera models are currently a normal standard even on the essential section-level cameras. Highlights like Wi-Fi, Full HD video, a modern self-adjust framework, and the sky is the limit from there: it’s all standard nowadays!

The other factor is that a few (not all) manufacturers are truly acceptable about keeping their more established models available, so you can get a flat-out deal if it’s all the same as you get a camera that isn’t without a doubt the freshest available. Sony is especially useful for this, with its advanced A6XXX series of mirrorless cameras and RX100 compacts, all bragging back indexes that are still broadly accessible and at an amicable cost.

Top 10 Best Mirrorless Camera under $500 for 2024

So what does a financial plan of $500 really get you? With this a lot to spend, you can hope to discover a genuinely propelled minimized camera, a fan centered mirrorless model, or an upper-section level DSLR. We’ve set this cost as an unpleasant benchmark since costs are changing constantly, so every so often you may discover a camera in our rundown that crawls a little path over that – or plunges route underneath! – yet we will get you in the correct ballpark.

Precisely which of these best mirrorless cameras under 500 you ought to go for relies upon your necessities and expectations, however one thing the accompanying models share practically speaking is that they’re all champion items in their individual classes. Here is our pick of the best cameras under $500:

Combining a 60x zoom lens with 4K video capabilities, the Panasonic Lumix FZ80 is a versatile option for photographers of all levels. It’s wide-angle to telephoto range allows for capturing both expansive landscapes and distant subjects with ease. The 4K video recording feature ensures high-quality footage, while the 4K PHOTO mode enables capturing fleeting moments as high-resolution photos. With built-in Wi-Fi, sharing photos and videos is seamless.

The camera’s ergonomic grip and electronic viewfinder ensure comfortable handling and clear composition, even in bright sunlight. Additionally, features like image stabilization and “Post Focus” enhance the shooting experience, making it accessible to beginners and experienced photographers alike. However, its high ISO performance and lack of an eye sensor for the electronic viewfinder are notable considerations.

Offering high-quality images with its 24.3MP APS-C sensor, the Sony Alpha a6000 Mirrorless Digital Camera stands out for its fast hybrid autofocus system and versatile interchangeable lens system. With the ability to shoot up to 11 frames per second, it excels at capturing action-packed moments. Built-in Wi-Fi enables easy sharing and remote control functionalities.

The inclusion of an electronic viewfinder enhances the shooting experience, providing a natural perspective for composition. However, it lacks an external microphone port and features a small screen, which may pose challenges for beginners during shooting. Despite these drawbacks, its advanced features and customizable interface make it a solid choice for photographers seeking versatility and performance in a mirrorless camera.

The Canon EOS M50 Mirrorless Digital Camera offers a versatile array of features suitable for photography and videography enthusiasts. With a 24.1MP APS-C CMOS sensor and DIGIC 8 image processor, it delivers high-quality images with minimal noise. It also has a rapid ten fps shooting rate and an ISO range of 100-25600 (expandable up to 51200) for low-light conditions.

Its standout feature is its ability to record UHD 4K video at 23.98 fps, as well as Full HD 1080p60 and HD 720p120 for slow-motion capture. This camera employs Dual Pixel CMOS AF, ensuring fast, precise, and smooth autofocus performance for both stills and videos.

Equipped with a large APS-C sensor, the Canon EOS M50 excels in low-light situations. Its 143 autofocus points, powered by Canon’s Dual Pixel CMOS AF technology, ensure bright and clear image composition. The electronic viewfinder (EVF), with a resolution of 2.36 million dots, also provides a bright and clear image composition.

Users can easily navigate settings and capture images using the fully articulating 3-inch OLED touchscreen LCD. Although lacking in-body image stabilization, the camera’s ergonomic design, weighing only 387g, offers a comfortable shooting experience.

While the Canon EOS M50 is the brand’s first budget-friendly camera with 4K capabilities, there may be more suitable mirrorless options available for videography enthusiasts seeking advanced features.

The Olympus OM-D E-M10 Mark II mirrorless camera, available in a sleek silver design, offers a nostalgic nod to the classic Olympus OM film cameras of the 1970s. Despite its compact size and beginner-friendly appeal, this camera packs a punch with its impressive features.

Equipped with a 16-megapixel Micro Four Thirds sensor, the E-M10 Mark II delivers good image quality, capturing moments with clarity and detail. One standout feature is its 5-axis in-body image stabilization, ensuring sharper photos and videos even in challenging shooting conditions.

Composing shots is easy with the 2.36 million-dot electronic viewfinder, which provides a clear and immersive viewing experience. For capturing fast-paced action, the camera offers 8.5 frames per second of continuous shooting, allowing you to seize the moment effortlessly.

With built-in Wi-Fi functionality, sharing your photos and videos becomes convenient, while remote control capabilities add versatility to your shooting experience. Additionally, the silent shooting mode enables discreet photography, which is perfect for capturing candid moments without drawing attention.

The E-M10 Mark II comes bundled with a 14-42mm EZ kit zoom lens, offering versatile focal lengths for various shooting situations. Its compact design and impressive zoom capabilities make it ideal for both still photography and motion picture capture.

While the camera lacks a 20-megapixel sensor and only features minor updates compared to its predecessor, it compensates with its reliable performance and compact form factor. Overall, the Olympus OM-D E-M10 Mark II is a solid choice for beginners and enthusiasts alike, combining nostalgia with modern functionality for an enjoyable shooting experience.

The Fujifilm X-T100 is not the flashiest mirrorless camera out there, but it fills an important niche in the market. It brings DSLR-style features to a more affordable price point, making it accessible to beginners while offering the potential for growth. With its electronic viewfinder and tilting touchscreen, it strikes a balance between usability and functionality. 

However, it does have limitations, such as a standard CMOS sensor and 4K video recording at 15fps. Despite these drawbacks, it offers great value, especially when paired with the Fujinon XC 15-45mm lens, making it an ideal companion for travel photography. Its compact size and lightweight design make it easy to carry around, although its button layout can be a bit finicky to handle. Overall, the X-T100 is a solid choice for beginners looking to step up their photography game without breaking the bank.

The Olympus E-PL8 offers a solid 16.1-megapixel Live MOS sensor, ensuring good image quality. Its 3-axis in-body image stabilization enhances photo and video sharpness. The 180-degree tilting touchscreen LCD enables versatile shooting angles, including selfies. With built-in Wi-Fi, sharing and remote control becomes effortless.

Its compact, stylish design makes it easily portable. Overall, it’s a great option for beginners seeking quality imagery in a sleek, user-friendly package

The Fujifilm X-A5 is an entry-level mirrorless camera featuring a 24.2MP APS-C sensor that offers high-quality image capture. Its tilting touchscreen LCD facilitates easy framing and control. With built-in Wi-Fi, sharing and remote control are seamless.

It boasts 11 film simulations for creative effects. Enjoy good battery life, up to 450 shots per charge. However, its 4K video capability is limited to 15fps, which is suitable mainly for stills. Overall, it targets Instagram influencers and family photographers, offering a user-friendly experience with impressive image quality.

The Panasonic Lumix G7 excels as a compact mirrorless camera, offering top-tier 4K video and photo capabilities along with excellent audio. Its 16MP Micro Four Thirds sensor ensures artifact-free images, even in low light conditions up to ISO 25600. With 4K video at 30fps, you can capture every moment with clarity.

The tilting touchscreen LCD and high-res OLED viewfinder ensure comfortable shooting in any lighting. Plus, Wi-Fi connectivity allows for easy sharing and remote control. While 4K footage is superbly exposed and colored, note that there’s a slight crop. Overall, the Lumix G7 is a versatile choice for vloggers and enthusiasts alike.

The Sony a5100 offers impressive features for beginners, packing a 24.3MP APS-C CMOS sensor and quick Hybrid AF with 179 phase-detection points. Its compact 16-50mm retractable zoom lens makes it lightweight and versatile for everyday shooting. The tilting 3.0-inch touchscreen LCD is great for framing and selfies.

Plus, built-in Wi-Fi with NFC allows for easy sharing and remote control. While lacking some of the advanced features of its sibling, the a6000, like an EVF and high burst shooting, the a5100 provides excellent value for its price point, making it a solid choice for entry-level photographers.

Canon’s EOS M100 Mirrorless Camera is ideal for novice photographers seeking quality without complexity. With a 24.2MP APS-C sensor, it delivers impressive image quality even in low-light conditions. Its compact and lightweight design makes it perfect for travel, while the tilting touchscreen offers effortless framing and control.

Equipped with fast autofocus (Dual Pixel CMOS AF), it ensures smooth focusing for both photos and videos. Videographers will appreciate its ability to capture Full HD 60fps video, although it needs more than 4K resolution.

While some advanced features are lacking in newer models, such as the EOS M200, the M100 remains a budget-friendly option in the EOS M series. Its simplified interface, reminiscent of Canon’s PowerShot compacts, makes it approachable for beginners, though experienced users may need more external controls. Overall, the EOS M100 offers a straightforward introduction to interchangeable lens cameras, suitable for smartphone or compact camera upgraders.

Conclusion

In conclusion, the quest for the best mirrorless camera under $500 presents a myriad of options catering to diverse photography needs and preferences. From compact designs to advanced features, these cameras offer impressive performance without breaking the bank.

Each camera on the list boasts unique attributes such as high-resolution sensors, fast autofocus systems, and versatile shooting modes, ensuring users can easily capture stunning images and videos. The inclusion of technologies like Dual Pixel CMOS AF and 4K video recording further enhances the shooting experience, making these cameras ideal companions for both amateurs and enthusiasts.

While some may prioritize portability and ergonomics, others may value image quality and low-light performance. Fortunately, the selection encompasses a range of options to accommodate various shooting styles and preferences.

Ultimately, the best mirrorless camera under $500 is subjective and depends on individual requirements, whether it’s for casual photography, vlogging, or professional endeavors. Regardless of choice, these budget-friendly cameras offer exceptional value and functionality, making them worthy contenders in the competitive mirrorless camera market.