Looking for a value-for-money, below $500 mirrorless camera? You’ll find all the best options in this post.

With growing competition and the onset of multiple mirrorless camera models, you no longer have to pay several thousand dollars to get hold of a good mirrorless camera. Today, there are many mirrorless cameras available in the market for a decent price. And, even though these cameras don’t cost much, they still give you superb picture quality. Many of them are even capable of recording 4K videos.

In this guide, you’ll discover the list of the best mirrorless camera choices priced under $500.

best mirrorless camera under 500


BEST Mirrorless Camera UNDER $500

Here are some of the best mirrorless cameras under $500 that you can get in 2022:

Olympus OM-D E-M10 Mark III Camera

Olympus OM-D E-M10 Mark III Camera Body (Black), Wi-Fi Enabled, 4K Video
50 Reviews
Olympus OM-D E-M10 Mark III Camera Body (Black), Wi-Fi Enabled, 4K Video
  • In-body 5-axis image stabilization for blur free stills and smooth 4K video
  • 16 Megapixel Live MOS sensor and TruePic VIII image processor
  • 4K 30P video plus HD 120 frames per second high speed video

Out top pick, the Olympus OM-D E-M10 Mark III camera is one of my favorite 4K mirrorless cameras that you can get for under $500. This camera lets you shoot some wonderful 4K videos. It features a 16-MP Live MOS Sensor and a Dual Quad-Core TruePic VIII Image Processor that offer wonderful speed and quality images & videos. And, the in-body, sensor-shift picture stabilization tech that this camera boasts allows you to shoot shake-free videos and stills.

What’s more, the Olympus OM-D E-M10 Mark III has some great specs, including 4K UHD 30p and HD at 120p high-speed recording, 5-Axis in-body image stabilization, and contrast-detect AF with 121-point. Overall, this camera is the best option for you if you want a budget mirrorless camera that has some great specs. Even entry-level shooters can use this camera without issues.

Canon PowerShot G9 X Mark II

Canon PowerShot G9 X Mark II Compact Digital Camera w/ 1 Inch Sensor and 3inch LCD - Wi-Fi, NFC, & Bluetooth Enabled (Silver)
513 Reviews
Canon PowerShot G9 X Mark II Compact Digital Camera w/ 1 Inch Sensor and 3inch LCD - Wi-Fi, NFC, & Bluetooth Enabled (Silver)
  • 1.0 Inch, 20.1 Megapixel High sensitivity CMOS sensor
  • Digic 7 image processor. Compatible with iOS versions 8.4,9.3 and 10.2 and Android...
  • Ultra slim, lightweight and pocket size camera

Another great option for those who want a mirrorless camera with a compact design, the Canon Powershot G9 X Mark II is perfect for beginners. It is equipped with a touchscreen interface that lets you make the transition from a smartphone to a professional camera super easy. The camera is capable of shooting 20-MP stills, and 1080p HD videos. In addition, there’s also image stabilization, which eliminates shakes and lets the shots look incredibly clear.

However, there are a few downsides to this camera too. One, its battery life is not particularly impressive. Two, it doesn’t have a tilting LCD. That said, these are minor issues, and the pros of this camera far outweigh them.

Sony RX100 II

Sony RX100 II 20.2 MP Premium Compact Digital Camera w/ 1-inch Sensor, MI (Multi-Interface) Shoe and tilt LCD Screen (DSCRX100M2/B)
882 Reviews
Sony RX100 II 20.2 MP Premium Compact Digital Camera w/ 1-inch Sensor, MI (Multi-Interface) Shoe and tilt LCD Screen (DSCRX100M2/B)
  • 20.2 MP 1"-type Exmor R CMOS sensor. 28-100mm equivalent F/1.8-4.9 lens.
  • Continuous shooting up to 10 FPS. ISO 160-12800, expandable ISO 100, 125, and 25,600.
  • . 1080 60p/24p HD video with full exposure control (MPEG-4/AVCHD)3.0 inch tiltable...

A beautiful camera from the house of Sony, the Sony RX100 II mirrorless camera lets you capture stills at a nice 20.2MP for highly detailed shots. When it comes to videos, this camera can record them at 1080p HD resolution, which is pretty good too. One thing that I really like about this camera is that it’s particularly good for shooting low-light scenes, thanks to its backlit sensor.

Also, the Sony RX100 II features a pretty good viewfinder and Wi-FI connectivity. It’s quite incredible that you get all these amazing specs from Sony at such a reasonable price. So, if you happen to get your hands on this camera, I bet you won’t regret it!

Panasonic LUMIX GX7

Panasonic LUMIX GX7 16.0 MP DSLM Camera with Tilt-Live Viewfinder - Body Only (Silver)
140 Reviews
Panasonic LUMIX GX7 16.0 MP DSLM Camera with Tilt-Live Viewfinder - Body Only (Silver)
  • 16MP CMOS Four Thirds sensor
  • ISO 200-25600 (extendable ISO 125)
  • Up to 5 FPS continuous shooting (40 FPS with electronic shutter)

The Panasonic LUMIX GX7 Mirrorless Digital Camera features several creative tools to empower you to seamlessly switch between photo and video modes with exceptional quality even under demanding shooting conditions. The camera is capable of capturing 16-MP photos and Full HD – 1080p/60fps videos. The in-body image stabilization of this camera ensures that you get stable shots always.

Housed in a magnesium alloy, full die-cast frame, the LUMIX GX7 camera boasts high durability for any shooting situation. Plus, it also lets you share your moments instantly with Wi-Fi and One-Touch Device Connection with NFC. Some other notable features of the Panasonic LUMIX GX7 include a built-in pop-up flash, a touch-enabled 3.0″ tiltable LCD, and a Flip-up electronic viewfinder. Overall, a great buy!

Fujifilm X-T10

Fujifilm X-T10 Body Black Mirrorless Digital Camera (Old Model)
151 Reviews
Fujifilm X-T10 Body Black Mirrorless Digital Camera (Old Model)
  • 16MP X-Trans CMOS II Sensor W/ EXR Processor II
  • New Auto Focus System - Single, Zone, Wide x AF-S, AF-C - 3D Tracking (Wide x AF-C) -...
  • 2.36M dot OLED Electronic VF - World’s shortest display lag time 0.005sec. - 0.62x...

Specifically built for amateur/beginner photographers, the Fujifilm X-T10 is a superb entry-level, budget mirrorless camera to start off with. This compact and lightweight camera features a 16-MP sensor for crisp and clear still with a stunning level of detail. Despite its compact size, this camera has a full set of controls and is designed to allow for a quick and simple selection of exposure modes to suit each and every scene.

In addition, the Fujifilm X-T10 also has a real-time electronic view-finder which shows the subject clearly even in bright conditions. By using one of its eight Advanced Filters, you can conveniently create unique images. You can preview the effect through the viewfinder or on the LCD screen. All in all, if you want a small mirrorless camera that takes great images and has a retro look and feel to it, you won’t regret this purchase.


THE BEST Mirrorless Camera UNDER $500

Although the market is highly competitive, there are plenty of great mirrorless cameras out there under $500. All the options mentioned above are some of the best available in the market today. However, before you buy, don’t forget a few things – make sure that the camera has USB charging, a common SD card format, third-party lens support, a decent battery life, and an image stabilizer.

My favorite and THE BEST mirrorless camera under $500 in my opinion is the Olympus OM-D E-M10 Mark III Camera. This 4K-capable mirrorless simply offers you the best value for what you pay.


Thanks for reading! ? 

I hope this guide helped you learn about the best Mirrorless Camera UNDER $500.


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