TV Rex Australia's TV price comparison site

Best TVs under $500

2 results

Cheapest right now: Samsung 40" Q5F QLED Full HD Smart TV [2026] at $395 across 2 retailers. The 2 models we track run $395-$449. Updated 5 Aug 2026

Under $500 is the entry tier: a capable second TV for a bedroom, study or spare room, or a first smart TV. Most sets here are 4K LED at smaller-to-mid sizes with a mainstream smart platform, so the useful comparisons are size, brightness and which smart system you prefer.

We rank for value, weighing reviews against the live cheapest price, and the figures refresh automatically from the retailers we track, so the list only ever shows what is actually under $500.

1
Samsung 40" Q5F QLED Full HD Smart TV [2026]
Samsung 40" Q5F QLED Full HD Smart TV [2026] Samsung 4.28 (14 reviews)
  • Screen size 40in
  • Panel QLED
  • Smart OS Tizen
  • Refresh rate 50Hz
from $395 JB Hi-FiSamsung Compare prices
2
43" QLED Q5F Full HD Smart TV (2026) Samsung
  • Screen size 43in
  • Panel QLED
  • Smart OS Tizen
from $449 Samsung Compare prices
Our pick
Samsung 40" Q5F QLED Full HD Smart TV [2026]
Best-rated of the lineup at 4.28/5 (14 reviews), from $395.

Frequently asked

What's the cheapest TV under $500 right now?

The Samsung 40" Q5F QLED Full HD Smart TV [2026] at $395, as of 5 Aug 2026.

How much does a TV under $500 cost?

Currently $395 to $449 across the 2 models we track.

Which TV under $500 is the best pick?

Our pick is the Samsung 40" Q5F QLED Full HD Smart TV [2026] (4.28/5), from $395.