2018 Buyer’s Guide to the Best Digital Pianos Under $500 (or around $500)
best digital piano under or around 500

2018 Buyer’s Guide to the Best Digital Pianos Under $500 (or around $500)

So you’re looking for a great digital piano but you only have $500 to spend? Well, we have great news. You can still get an excellent digital piano even if you’re on a budget. But when it comes to picking the right digital piano, things can get interesting. With all of the options available these days, picking the right instrument can be challenging.

This article is intended to help make your next digital piano purchase an easy one. We go over the best keyboards under $500 and give you reviews of the top options. With the pianos on this list, it’s definitely possible to get a great instrument without raiding your bank account.

Top Digital Pianos Under $500 (or around $500): Our Picks

Yamaha YPG-535 88-Key Portable Grand Piano with Stand and Power Adapter

Given the overall quality of their products, it’s no surprise that Yamaha is at the top of this list. The Yamaha YPG-535 is a great digital piano at an affordable price. It comes with a full 88-key keyboard with touch response keys. And it sports a well-built stand that has been integrated into the piano, but it’s still light enough to be easily movable.

This keyboard also has many other features besides great piano sound and feel. It has a built-in database that helps you keep song titles organized with ease. And it has an on-board sound recorder that offers adjustable sound with several equalizer settings. It’s generally tough to go wrong with the best Yamaha digital pianos, and the YPG-535 is no exception.​

Casio CDP-135

If you’re looking for a digital piano with a feature list longer than this article, the Casio CDP-135 fits the bill. This digital piano has a full 88-key keyboard with graded hammer action. This makes this particular keyboard great for beginners trying to learn proper technique.

It has all the features you need to sit down and start playing, and at an affordable price. One of our favorite features is the Hall Button, which adds a unique effect to what you’re playing and makes it seem like you’re playing in a concert hall. Close your eyes and you can pretend that you’re performing on stage.

Product image sourced from musiciansfriend.com.

Williams Rhapsody 2

The Williams Rhapsody 2 not only sounds great, it looks great too. With a price tag right around $500 it barely squeaks onto this list, but it’s so good we couldn’t leave it out. This piano features custom grand piano samples for great sound, and is packed full of features that make this a great buy.

The Rhapsody 2 includes an intuitive control panel with easy-to-read blue LCD display and 64-voice polyphony for deep, layered orchestrations. Something else worth mentioning is the excellent weighted key action, which makes the feel and response of the keys remarkably like a real piano.

Whether you’re a fresh learner or a seasoned player, the Williams Rhapsody 2 is a solid purchase.

Product image sourced from musiciansfriend.com.

Yamaha NP12 61-Key Lightweight Portable Keyboard, Black (power adapter sold separately)

If you’re looking for something a bit smaller in size and price, the Yamaha NP12 is a great option. In fact, it's one of the best electric pianos under $500 in its own right. The NP12 is a 61-key model that features all the basics that any keyboard should have, so you can focus on playing.

This piano is ultra-portable, and you can power it for up to 5 hours with six AA batteries. It also features an helpful iOS app that makes controlling and configuring the keyboard a breeze. And all of this is packed into a piano with a price tag well under the $500 threshold. The Yamaha NP12 is a great choice for any pianist on the go or someone who just needs more room in their den.

Alesis Coda Pro | 88-Key Digital Piano with Hammer-Action Keys, Split Keyboard & Voice Layering, and Included Sustain Pedal

The Alesis Coda Pro 88 Key Digital Piano is another great option if you’re looking for a compact digital piano. Based on its incredible features alone, it was easy for us to put the Coda on this list. It showcases a full 88-key base just like a standard piano, but its unique design makes it easy to take with you anywhere.

That goes without mentioning the 20 built-in voices that have the ability to split or layer two voices simultaneously, and it even comes with a Sustain pedal. The Coda’s great features and very realistic hammer-action keys makes this one of the best weighted keyboards under $500 (or around $500).


When searching for a digital piano it’s important to find that perfect balance between price, quality and features. Every piano on this list of the best digital pianos under $500 is an excellent choice if you’re buying on a budget, but each one will be suitable for different needs.

Whatever piano you choose, it’s incredible how digital technology has transformed the expensive piano that used to be a showpiece in the living rooms of the rich into an affordable instrument for all. If you’ve always wanted to learn piano or you just want an inexpensive keyboard to play around on, with the pianos on this list you have no excuse not to go for it. Now get out there and pound those keys!

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