Are you looking for an engagement ring under $5,000? Then, we get if your head is buzzing with a whole bunch of curious questions like, is $5,000 a reasonable budget for an engagement ring? What size engagement ring can I get for $5000? What are the best styles of engagement rings under 5,000 dollars? That’s because your engagement ring is not just a symbol of the love and commitment you and your partner share; it is also a serious investment. So, you want to get complete intel on the best options before you narrow down to ‘the one’.
Fret not! Today, we’ve taken it upon ourselves to answer all your questions and even walk you through the best options, so you can find the best engagement ring for women for your budget.
Scroll on!
Is $5,000 a Reasonable Budget for an Engagement Ring?
Absolutely! Contrary to what you’ve been conditioned to believe, you don’t need to spend three months’ salary on your engagement ring. In fact, the average price of an engagement ring is around five thousand dollars. According to the leading wedding vendor, The Knot, couples nationwide spend approximately $5,500 on their engagement ring. So, if that’s your budget, don’t worry; it’s enough to buy a beautiful engagement ring your fiancée-to-be will love!
Also Read: How Much To Spend on Engagement Rings
How Many Carats Can You Get for $5000?
Short answer: It depends.
The cut, clarity and color grade affect the gemstone’s value and therefore, will determine how many carats you can get for your budget.
Let’s say the carat weight is super important to you. In this scenario, you can still get that massive sparkler you always wanted, but you may have to compromise on other factors like clarity and/or color grade. Conversely, if flawless clarity is what you’re after, then you may be forced to go for a smaller gemstone.
Even the popularity of the gemstone and its origin can be significant factors. For instance, diamonds are the most popular gems for engagement rings and, thus, are incredibly expensive. It’s the simple law of demand and supply! But lab-grown diamonds and colored gemstones aren’t as costly in comparison, meaning you can go bigger with your carats on the same budget. So, for $5000, you can get a high-quality natural diamond engagement ring between 1-1.50 carats at Angara. However, with a lab-grown diamond engagement ring, the same design is available but with an over 2-carat stone. Furthermore, you can get an aquamarine engagement ring that’s over 3.40 carats for the same budget!
Therefore, we suggest you decide what factors matter the most to you and what you can let go of before you go engagement ring shopping.
Now let’s see what engagement ring settings and styles you can get for your budget.
What Engagement Rings Can I Get for $5,000 or Less?
1. Diamond Engagement Rings
You can go for natural diamonds if you’re after that classic look, but you may have to compromise on quality and carat weight if your budget is $5000. This is why, we would suggest lab-created engagement rings because you can get the same look but for 50-60% less.
Lab-grown diamonds also have the same chemical makeup, which makes them 100% real. So, with a lab-grown diamond engagement ring, you’re sure to get more bang for your buck.
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2. Gemstone Engagement Rings
If you’re a bride-to-be who wants her ring to express her personality or portray the colorful tale of your love story, you should choose a colored gemstone engagement ring. ICYMI, celebrities like Princess Diana, Kate Middleton, Katy Perry and Megan Fox all wear a colorful sparkler on their ring finger. Another plus? Some gorgeous gemstones are comparatively cheaper than diamonds; thus, you can get a bigger stone for less.
You can choose a ring with natural blue sapphires, emeralds and rubies if you want to pop the question with a precious gemstone. (P.S. We also have lab-grown blue sapphires, rubies and emeralds.) Or you can go with trendy aquamarines, tanzanites, morganites, pink sapphires, garnets, opals and citrines, which will all appeal to unconventional brides.
So, what will it be?
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3. Solitaire Engagement Rings
Are you a minimalist? Would you rather have one large center stone of good quality than a flashy ring? If you answered yes, then a solitaire engagement ring is for you. Putting the spotlight on the center stone, this style oozes elegance and timeless sophistication.
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4. Side Stone & Halo Engagement Rings
Maybe you are after that va va voom. In that case, a simple solitaire ring will not cut it for you. We’d suggest you amp up the shine subtly with a side stone engagement ring or go all-out on the sparkle with a halo engagement ring.
When you buy a side stone engagement ring, not only will you achieve that timeless classic look but also get that extra hint of sparkle. Meanwhile, because halo engagement rings for women feature a tiny circle of diamonds that encircle the center stone, they effectively create the illusion of a larger center stone. They also have a more trendy and glamorous appeal which is perfect if you want luxurious-looking engagement rings under $5k.
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5. Three-Stone Engagement Rings
If you’ve been dreaming of an engagement ring Meghan Markle’s, let us tell you: You can have it—and that too under $5000!
Symbolizing the path your love has taken, three-stone engagement rings are rich in meaning and offer thrice the sparkle. The best part? You don’t need a supersized center stone because the combination of the three gemstones will already make your ring look big and more expensive. Talk about snagging a premium engagement ring under $5000!
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6. Vintage-Inspired Engagement Rings
Want a ring that is unlike anyone else’s? Or a ring that has an inherent heirloom appeal? Then say “yes” to one of our vintage-inspired engagement rings. Opulent and one-of-a-kind, these rings are replete with intricate details and craftsmanship. Browse our collection and you’ll see what we mean.
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7. Create With Angara
Can you get a custom engagement ring under $5000? Yes! With our award-winning Create With Angara feature, you absolutely can.
If you feel that none of the pre-designed ring styles narrate your love story, we’ll let you take over and design your own engagement ring. You can choose from our selection of natural and lab-grown gemstones, personalize the design and setting as per your preferences and even add those tiny quirks and details that are important to you.
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FAQs
1. Is $5,000 reasonable for an engagement ring?
Yes, $5,000 is a reasonable budget for an engagement ring. There are many style and setting options you can choose from without breaking the bank.
2. How many diamond carats can you get for 5K?
You can get a diamond engagement ring with a center stone ranging from around 0.5 to 1.50 carats for 5K at Angara, depending on the quality of the diamond and other factors like the setting and metal type.
3. Can I customize a ring for under $5000?
Yes, absolutely! We allow you to customize the gemstone quality, carat weight and metal as per your liking. You can also design your own ring from scratch with us.
