Engagement Rings
Under 1000 Dollars

engagement rings under 1000 dollars

Stunning engagement rings under 1000 dollars are possible! Just use our handy guide below which includes valuable info on the best quality materials and metals for inexpensive rings, the secrets to locating affordable diamond engagement rings, plus extra shopping tips that will help you to find the perfect ring to last a lifetime.

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Best Metals for Affordable Engagement Rings

The top metals for engagement rings in the under 1000 dollars price range are palladium, 14k yellow gold, 14k white gold and 14k rose gold. These metals are extremely durable and will wear well with time. Palladium, 14k yellow gold and 14k rose gold also have the added benefit of not requiring Rhodium Plating - unlike 14k white gold which must have the rhodium plate reapplied on average about once a year.

10k gold - yellow, white and rose - is also an option for inexpensive engagement rings. Plus, choosing a lower priced band with 10k gold can leave additional funds for a larger center gemstone or diamond.

Sterling silver is also a lower cost wedding band metal, but it will require extra TLC and is not nearly as durable as palladium or 14k gold.

Rings made with stronger and less expensive metals like titanium, tungsten and stainless steel are quite limited in styles because the metals are so incredibly strong. Engagement ring styles in these types of metals are especially limited (however, for couples looking for Discount Men's Wedding Bands, these metals are a terrific option!).

Unfortunately, rings made with platinum and 18k gold are usually well over the under 1000 dollar price range.

cheap engagement rings

Best Stones for Engagement Rings Under 1000 Dollars

If you are searching for traditional engagement rings under 1000 dollars with a center stone that is larger than half a carat, the best choice is to stick with simulated diamond engagement rings. Plenty of enchanting natural gemstones are available for reasonable prices too - if you would like to opt for a colorful engagement ring. But if you are set on a real affordable diamond engagement ring, skip on down to the next section which provides steps on how to find engagement rings with quality and inexpensive natural diamonds.

White synthetic diamonds which have the same exact physical properties as natural diamonds are priced on average the same, if not more than natural diamonds.

By far, my best recommendation for engagement rings made with simulated diamonds is Diamond Nexus - the simulates they create are extremely durable and have a very diamond-like look. Plus, they offer lifetime guarantees on their stones and the company has extremely high ethical and eco-friendly standards. (In full disclosure, I am a Diamond Nexus affiliate - but I only affiliate with companies I believe in, with the highest level of ethical, eco-friendly and customer service standards that create fantastic rings I absolutely know EWR visitors will love!).

Two other simulants - including Moissanite and Mia Diamonds - are also a possibility, although these options will be on the higher end of the under 1000 dollar engagement ring budget.

Cubic zirconia is the least expensive of all diamond simulants, but it has a very low durability rating - and with an engagement ring budget of under 1000 dollars, there are a lot more viable stone options that will look much better and last much longer.

If you would like to find out more about Man-made Diamonds, just click on the page link!

Natural gemstones which are a fantastic option for colorful engagement rings include:

  • Aquamarine
  • Amethyst
  • Blue Topaz
  • Citrine
  • Garnet - a fantastic ruby alternative
  • Morganite
  • Peridot
  • Pearls
  • Smoky Quartz - a perfect chocolate diamond alternative
  • White Sapphire - a stunning alternative to diamonds, particularly for smaller side stones on the band.

Click on the link to find out more about Gemstone Engagement Rings and the properties of individual natural gemstones.

How to Find Affordable Diamond Engagement Rings Under 1000 Dollars

Is it possible to find gorgeous affordable diamond engagement rings under 1000 dollars? Absolutely! Just follow the steps below, and keep the diamond grade parameters we've listed here in mind while shopping:

For inexpensive engagement rings made with real quality diamonds, the highest carat you can go up to is about 0.50 - with an average of about 0.40 carat. A brilliant round diamond of 0.50 carat is about 5 millimeters across or one-fifth of an inch across. A natural diamond engagement ring in this price and carat size range won't be large, but it will be a decent enough size to still be very visually appealing and to look great on hands of all sizes.

1. Start with a company - like Blue Nile - that has a large selection of diamonds which you can easily choose from using grade parameters. Begin by selecting a simple wedding band style in 14k gold. The band price should not exceed $400 dollars because you'll need to leave at least $600 for the diamond.

2. Choose the diamond cut next. Four types of diamond cuts are perfect for hiding small imperfections and flaws in less expensive diamonds: the brilliant round cut, the princess cut, the radiant cut and the marquise cut. Cuts which should be avoided because they actually highlight small imperfections include the Asscher, cushion, emerald, oval and pear cuts.

brilliant round diamond

The brilliant round diamond will give you the most flash and fire - which can be an added benefit in a smaller carat diamond. The brilliant will also hide clarity and color imperfections which will be present in lower priced diamonds.

radiant diamond cut

The radiant cut diamond is a flaw camouflage pro. Smaller carat radiant diamonds look larger too because of the shallow cut. The radiant also has truncated corners which are less prone to chipping.

princess cut diamond

The princess cut diamond will give you the second most flash and fire, and like the radiant cut it is an adept camouflager of small flaws. The sharp corners though should be in a secure and protective setting.

marquise cut diamon

The marquise cut is a beautiful option for a unique diamond engagement ring - and like the radiant cut, this type of shallow cut carries most of its weight on the top so smaller carat marquise diamonds look larger. The marquise cut will also hide small flaws in color and clarity.

3. Pick your diamond using the Gemological Institute of America (GIA) grade parameters below - these parameters will ensure that you find an affordable diamond without going so far down on the grade scale that the diamond's look and integrity is compromised. *Diamonds that have really low clarity, cut and color grades will have gray/yellow color tints, poor light reflectivity and may be at risk for cracking, chipping or breaking.

  • Color: E - J
  • Clarity: VVS1 - SI2
  • Cut: Very Good - Good

Color laboratory created synthetic diamonds, which have the exact same physical properties as natural diamonds, are essentially "real diamonds" and they are available for much lower prices than synthetic white diamonds. The most affordable colors are yellow, orange and red. You can find loose created synthetic color diamonds, and synthetic color diamond rings, through Created Diamonds.

One other option for affordable diamond engagement rings under 1000 dollars is to locate authentic antique or vintage engagement rings crafted with real diamonds. Two of my favorite authentic antique and vintage retailers include Brilliant Earth and Turtle Love. (Turtle Love especially often has diamond vintage rings available for less than 1000 dollars). You can also find antique, vintage and estate rings at Adin Fine Antique Jewelry in the under 1000 price range, plus as a special gift to our customers Adin will give you a 5% discount on your purchase, just use the code=Everything-Wedding-Rings when you order your ring!

affordable engagement ring shopping tips

Shopping Tips for Engagement Rings Under 1000 Dollars!

The top metals for rings in this price range include palladium and 14k gold.

The brilliant round, the marquise, the princess and the radiant cut are the best diamond cuts for lower priced natural diamond rings.

Colorful and affordable gemstone engagement rings are a beautiful alternative to traditional diamond rings.

Top Picks for Engagement Rings Under $1000 Dollars!

Shopping Tips for Engagement Rings Under 1000 Dollars

Shoppers on a budget need to use extra caution to avoid purchasing lower quality rings that won't last. Remember, just because you are searching for an affordable engagement ring doesn't mean you have to compromise on quality.

Take the time to read the fine print on a ring’s description – particularly when looking at the gemstones and diamonds the rings are made with and the details on the band’s metal. Look out for bands which may be gold plated copper or silver, and keep an eye out for super cheap gemstones and diamonds which could be lower quality stones or even poor quality simulants.

Even small diamonds should come with a certificate from a reputable laboratory such as the Gemological Institute of America (GIA) or the American Gem Society (AGS).

Stick with retailers and jewelers who offer at least a 30-day no-nonsense refund policy – even if you are buying the ring during a red hot sale, a refund policy should still be available.

Sadly, many pieces of inexpensive jewelry are made with metals, diamonds and gemstones which came from unethical and un-environmentally friendly sources. To make sure that your affordable engagement ring is made with ethical and eco-friendly materials and employment standards, research the policies about the materials and metals of the jewelers/retailers you are interested in buying from.

Gemstone and diamond settings - even on inexpensive engagement rings under 1000 dollars - should be made with gold, palladium or platinum. Settings made with silver will eventually lose their shape (and the gemstones or diamonds they hold).

I truly hope that this information is helpful for budget engagement ring shoppers - and I wish all of my viewers the very best in finding the perfect engagement rings under 1000 dollars that will be cherished for many years to come!

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