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Affordable Engagement Rings | Kay | Kay
Man and woman embracing with a kiss, while woman wears a diamond engagement ring

Affordable Rings

Engagement rings perfect for every budget.


Choosing an Affordable Engagement Ring

An engagement ring is one of the most memorable items you will buy. It's a symbol of dedication and love that will last a lifetime. We understand everyone has a budget. Kay Jewelers has affordable engagement rings perfect for every budget. 

With Kay Jewelers, there are many options when it comes to affordable engagement rings. You don't have to sacrifice beauty or style to get the engagement ring of your dreams. At Kay Jewelers, we have a gorgeous selection of inexpensive engagement rings available for $1,000 or less.

Woman's hand with diamond pear shaped diamond ring

Promise Rings


Inexpensive Engagement Rings on a Budget

Consider the budget you have in mind before you start shopping around for an engagement ring. There is no rule about how much you have to spend. When meeting with a jeweler to try on rings, don't be afraid to be upfront about how much you are able to spend. The jeweler will work with your budget to help you find the perfect ring design.

Consider All Metals for Affordable Engagement Rings

While platinum is a popular choice for engagement rings, there are more affordable engagement ring options available. White gold, yellow gold and rose gold are beautiful choices for budget engagement ring metals. Considering various metal options opens up your engagement ring opportunities.

Shop By Metal

Unique Engagement Rings Settings

When shopping for an engagement ring on a budget, rings with unique designs could be a perfect fit. Larger diamonds are more expensive, so a ring with several smaller diamonds may be exactly what you are looking for! These diamond rings may feature a halo setting or multiple diamonds in the design.  

For example, a halo ring is a single diamond encircled by dazzling smaller diamonds. This design creates the appearance of a larger center stone. Multi-stone diamond engagement rings may also feature special details such as filigree and milgrain. By design, these diamond rings are more affordable, but still pack plenty of "Wow!" Factor. Want some more style inspiration? See what styles at Kay make for beautiful and inexpensive engagement rings.

Halo Engagement Rings

Channel vintage engagement style with an ethereal halo engagement ring. Dotted with diamonds, you really can’t go wrong.

Minimalistic Engagement Rings

Minimalist engagement rings highlight gem cut and shape as the star of your ring. A simple solitaire is a classic that never goes out of style. 

Unique Engagement Rings

Want to make a statement? Why not explore non-traditional engagement ring styles featuring unique settings and colorful gemstones.

Modern Engagement Rings

Sleek, contemporary and always styles. Refined, modern engagement styles are beautiful and on budget. 

Diamond Ring or Gemstone Ring?

A vibrant gemstone makes for a stunning engagement ring choice. With a whole spectrum of colors to choose from, you have lots of exquisite style options. Consider a cushion-cut red garnet engagement ring with a 14K white gold band lined with diamonds. Or, Kay offers an amethyst engagement ring with 1/4 ct tw diamonds in 14K yellow gold. A unique engagement ring stone might be a great fit for your budget and your partner. 

Rather have for a more traditional looking stone as your ring’s centerpiece? White sapphires and lab-grown diamonds are examples of affordable, cost effective, and occasionally lab-created options that are alternatives to traditional diamond rings. 

White Sapphires

With a soft, white glowing appearance white sapphires are a popular alternative to the diamond standard. White sapphires come in natural or lab-created varieties, with lab varieties being more reliably clear. They are not as distinctly fiery and brilliant as a diamond but are still a beautiful engagement ring centerpiece.

Lab-Grown Diamonds

Lab-grown, or lab-created, diamonds are just as real as their natural counterparts. They are created by gemologist who have cleverly replicated the natural high heat formation, necessary to produce a diamond, with technology. Since lab-grown diamonds are created, and not a mined resource, they are generally more affordable than natural diamonds—and sparkle with just brilliantly as natural diamonds. 

Where To Buy Affordable Engagement Rings

Choosing the perfect engagement ring is a monumental event, no matter what budget you are working with! You want to have professional expertise and a variety of choices available to you. At Kay Jewelers, we are committed to giving our customers exceptional service. There are financial options available to help you with your purchase, as well. From credit to financing in installments, we make sure you have the resources you need once you’ve chosen the one.

Speak To a Jewelry Consultant

Not sure which diamond option is right for you? Connect with KAY for one-on-one expert advice! Simply book a virtual or in-store appointment at a set time convenient for you.

Diamond Education from The Experts

The 4Cs of
a Diamond

Understanding the cut, color, clarity, and carat of a diamond can help you choose the one that suits your lifestyle and budget. 

Diamond Alternatives

Learn more about the differences between natural diamonds and lab-created diamonds, and explore some of the most popular diamond alternatives, so you can find the diamond option that’s right for you.


Get to know the most popular diamond shapes and their features, so you can choose the one that speaks to your style.

Explore Our Jewelry Library

KAY’s Jewelry Library is your one-stop resource for jewelry education! Our collection of articles includes everything from jewelry basics, style guides, shopping tips, and gift-giving advice to ideas and inspiration for your milestone moments.

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