If you’re ready to pop the big question then you probably have already learned just how expensive diamonds can be. Shopping for that perfect ring can be the most stressful part of a proposal, which is kind of ludicrous when you’re deciding to spend the rest of your life with someone.
Before you purchase a ring, you’ll want to educate yourself on diamonds, diamond alternatives, and determine a budget so you can make sure you’re getting the most for your money. If you’re not sure where to start, the video below gives you an overview of the four C’s of diamonds (color, cut, clarity, and carats) so in just over a minute, you can learn the basics.
With many people opting to propose on or around Valentine’s Day, many jewelers choose this time of year to mark down their engagement rings and to offer some crazy sales. You’ll notice off the bat that most of the rings on this list are close to 50 percent off, if not more.
If you’re still struggling to find a diamond that fits in your budget and pleases your aesthetic, diamond alternatives are becoming increasingly popular. Years ago, the most common alternative was cubic zirconia. Unfortunately cubic zirconia doesn’t resemble a true diamond in color, quality, and durability so it was quite the downgrade. Today you can purchase a moissanite engagement ring which is a much better alternative. It’s almost identical to a diamond in many ways with a much lower cost. You can review this video on different diamond alternatives if you’re considering this route.
Here are our 10 favorite engagement rings, all reasonably priced at under $1,000 and on sale for the upcoming holiday.
If you think a promise ring might be a better first step, we’ve also put together a post on the 20 best promise rings, all extremely inexpensive and gorgeous.
1. Antique Style Moissanite 1.5 Carat Diamond & 14k White Gold Engagement Ring
Moissanite is a popular diamond alternative, especially for those looking to purchase an engagement ring on a budget while still maintaining the same quality, cut, and sparkle that you get with a diamond. If you’ve never heard of moissanite before, the below video helps explain why moissanite is preferred over cubic zirconia and other diamond alternatives and how close this lab made product is to the real deal. Moissanite is also a great option if you’re looking for a stone that’s conflict free. This ring is 1.5 carats in size and features two small bezel-set diamonds on the side of the white gold band. The band has some vintage detail but is still simple and clean looking, with the emphasis on the solitaire stone. If you’re looking to shop other moissanite engagement rings, they’re in no short supply. Kobelli Moissanite has hundreds of designs to choose from with many priced under $2,000.
Price: $900 (49 percent off MSRP)
2. 1/3 Carat Round-Cut Diamond & 14k Gold Solitaire Engagement Ring
For those looking to purchase a real diamond, there are a number of beautiful engagement rings that are reasonably priced. This rose gold band is stunning and helps to highlight the beautiful diamond at its center. All of the Diamond Wish diamonds are natural and 100 percent conflict free. Each ring comes with a certificate of authenticity. The diamonds are H-I in color with a minimum clarity of I1-I2 and a good cut. The ring is currently 50 percent off of its original price, saving you almost $1,000. The band is also available in white gold and yellow gold at the same cost if you prefer one of those precious metals.
Price: $899 (50 percent off MSRP)
3. Vintage Sapphire & Diamond Engagement Ring in 14k White Gold
If size is a priority but you don’t have the budget for a large diamond, consider a ring with another stone at the center. Sapphires are a popular choice for engagement rings, offering a rich and deep hue surrounded by the sparkle of white gold and diamonds. The sapphire stone is just under 1 carat in size, surrounded by a number of round cut diamonds that are all conflict free. If you’re shopping for a sapphire engagement ring but this one isn’t your style you can browse alternative sapphire engagement rings here.
Price: $582 (55 percent off MSRP)
4. Moissanite 1.1 Carat Diamond & 14k Gold Engagement Ring
A beautiful engagement ring priced around $500 is a rare find. This moissanite option is super simple in its design, keeping the focus on the center stone, which is a 1.2 carat diamond equivalent weight. The ring comes with a lifetime guarantee from Charles & Colvard as well as an independent appraisal report. The reflection of light is higher than most diamonds (especially those that are on the affordable side) and the hardness is almost on the same level as a diamond so you don’t have to worry about chips or scratches to your ring. If you’re earth conscious you should feel good knowing that only recycled eco friendly gold and conflict free gemstones are used on all Diamond Mine rings. If you do have the budget to spend on an actual diamond, this one carat diamond is set in a very similar gold band for a simple and stunning design.
Price: $539 (50 percent off MSRP)
5. Cushion Cut 1 1/3 Carat Moissanite Engagement Ring in 14k White Gold
A diamond equivalent of this ring would retail for $10K or more, which is not feasible for many. If you’re looking to get the love of your life the ring she’s always wanted, don’t settle for a small and discolored diamond. The ring comes with a black jewelry box, a ring box with the ring safe inside, a warranty card, and a certificate of authenticity. While you’re not paying for a large diamond center stone, there are still some true diamonds both on the halo and around the band. They’re all round and “very good” cut so they’ll sparkle and shine forever.
Price: $950 (37 percent off MSRP)
6. 1/3 Carat Princess Cut Diamond & 14K White Gold Solitaire Engagement Ring
Princess cut rings are a bit more structured and modern than the traditional round or cushion cut alternatives. Houston Diamond District sells only 100 percent natural, un-treated, and conflict free diamonds at direct manufacturer prices which allows you to purchase a gorgeous diamond at a much lower cost than in jewelry or department stores. Even with that sizeable discount already factored in, this ring which was originally priced at $1,200 is on sale for 50 percent off. Like most rings on this list, you can purchase it in sizes ranging from four to nine. If you’d like to check out some other princess cut engagement rings from top brands you can do so here.
Price: $597 (50 percent off MSRP)
7. 14k Three Stone Diamond Engagement Ring
If you’re shopping on a budget for that perfect engagement ring, three smaller diamonds in lieu of one large center stone is one way to get more bang for your buck. Smaller stones are obviously priced accordingly and by lining a few next to each other you can accomplish the same amount of sparkle for less. All diamonds are H-I in color with a minimum clarity or I1-I2 and a good cut. They are securely held to the 14 carat band with a four prong setting. Part of the fun of shopping for an engagement ring is comparing various styles so don’t miss out on these alternative gorgeous three stone designs.
Price: $988 (45 percent off MSRP)
8. 0.5 Carat Twisting Infinity Gold & Diamond Pave Set Engagement Ring
This ring is beautiful and delicate and looks so much more expensive than it is. Your girlfriend will have no idea that you purchased this for less than $1,000 as a ring like this would typically sell for more than double. The round brilliant cut stone sparkles like no other and is surrounded by additional diamonds throughout the infinity band. The high-quality cut also helps light to reflect for more sparkle and shine. This ring can be ordered in rose gold (pictured above) as well as more traditional yellow gold and white gold. If you like the design of this ring and have a little bit more to spend, you can order a larger center diamond. Simply check out all of the available diamond options here for this design.
Price: $775 – $875
9. 14K White Gold Solitaire Emerald Cut Diamond Engagement Ring
This unique emerald cut diamond stands out on its simple band. At over $1,000 less than the original price, this ring is certainly an amazing find for the budget conscious. If you like the emerald cut center stone but want a diamond band as well, this pave set band is absolutely stunning and would be the perfect piece for any proposal. Like many other rings on this list it’s available in white gold, yellow gold, and rose gold so you can order any of those metals for the same reasonable price.
Price: $805 – $840
10. 0.5 Carat 14K Gold Princess & Round Cut Diamond Halo Engagement Ring
This engagement ring is extremely reasonably priced especially for how many diamonds it has in it. The center stone is surrounded by a halo of diamonds, set on the center of a split pave diamond band. While the center stone is on the smaller side, the halo helps to give it added size all around. With a number of five star reviews that all remark on the high-quality craftsmanship of the ring and the beauty of the diamond, you should be confident ordering this ring. Any ring can be exchanged or returned within 30 days if you’re not satisfied which also shows how confident this jeweler is in their product.
Price: $509 (69 percent off MSRP)
Heavy, Inc. is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by linking to Amazon. Our product recommendations are guided solely by our editors. We have no relationship with manufacturers.