Collection: Lab Grown Diamonds Under $500

Discover lab grown diamonds under $500 hand-selected for brilliance, every stone graded by IGI and priced well below mined diamonds. Choose from 386 options from 1 to 5 carats, in D, E and F color and VVS1, VVS2, VS1 and VS2 clarity, priced from $263.

Lab Grown Diamonds Under $500

Discover lab grown diamonds under $500 hand-selected for brilliance, every stone graded by IGI and priced well below mined diamonds. Choose from 386 options from 1 to 5 carats, in D, E and F color and VVS1, VVS2, VS1 and VS2 clarity, priced from $263.

Getting the most diamond for under $500

Lab grown diamonds cost far less than mined diamonds of the same quality, so a budget of $500 can buy a 5 carat stone with colorless D to F color and VVS to VS clarity. To stretch your budget, consider F color and VS2 clarity, which look identical to higher grades to the naked eye, or choose an elongated shape that looks larger per carat.

How to choose

For a bright, icy look choose D or E color; F color gives the best value while still appearing colorless. VVS1 and VVS2 are the cleanest grades we offer, while VS1 and VS2 are eye-clean and leave more budget for carat weight. Available shapes include Round, Oval, Cushion, Pear, Emerald, Princess, Heart and Marquise and more. Carat weights range from 1 to 5 carats. Prices in this collection range from $263 to $499.

Are lab grown diamonds a smart choice?

Lab grown diamonds are real diamonds with the same chemical makeup, hardness and sparkle as mined stones, so they are just as durable for everyday wear. Because they cost a fraction of the price, many couples choose a larger carat weight or a higher color and clarity grade for the same budget, and they enjoy a known, ethical origin.

Setting your diamond

Once you pick a stone, our jewelers can set it in a solitaire, hidden halo, halo, pavé or three stone engagement ring in 14K or 18K white, yellow or rose gold or platinum. Each ring is made to order, and our team will confirm sizing and proportions before production.

Why buy from Northfire Jewelry

Every diamond is IGI certified, shipped free and fully insured within the USA, and backed by a 30-day return policy. Lab grown diamonds are real diamonds, chemically, physically and optically identical to mined diamonds, at a fraction of the price. Our team can set your diamond in any of our engagement ring designs or create a fully custom ring for you.

Got Questions? We Got Answers

Are lab grown diamonds under $500 real diamonds?
Yes. Lab grown diamonds are real diamonds made of pure carbon with the same hardness, brilliance and chemical structure as mined diamonds. Only their origin is different.
How much do lab grown diamonds under $500 cost?
Diamonds in this collection are priced from $263 to $499, depending on shape, carat, color and clarity.
Do these diamonds come with a certificate?
Yes. Every diamond is graded by IGI (International Gemological Institute) and ships with its original IGI grading report.
Can I set this diamond in an engagement ring?
Yes. Choose any loose diamond and our jewelers will set it in the Northfire engagement ring of your choice or in a custom design. Contact us and we will guide you.
What is your shipping and return policy?
Shipping is free and fully insured within the USA, and loose diamonds can be returned within 30 days in their original condition.