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10 Best Electric Fireplace Under 500 for 2026

Find the best electric fireplaces for under 500 dollars this winter. Discover the top rated electric fireplace brands and the latest styles of electric fireplaces. 

Overview

Ever since the advent of electricity, fires were never around for too long - we may have been used to snuggling up in bed with a cozy blanket, but now, our homes are made of different materials such as steel or even marble. Not only is this unsafe, but it also isn't very environmentally-friendly either. 

In reality, electric fireplaces find themselves with many benefits over traditional ones - they use the same amount of energy as a normal fire just to heat up the surrounding area and you can control where the heat comes from by moving around places like coffee tables, living room chairs and sofas.

1. Electactic 60 inches Electric Fireplace Recessed and Wall Mounted Electric

  • 【Size Guide and Design】:This series of electric fireplaces have a total of five sizes. The size you are looking for right now is 60 inches. This fireplace’s length is 60 inches, the wide is 3.85 inches, the height is 18.11 inches and the weight is 47.39 LB. The whole machine adopts an integrated body, and the material of the body is made of sturdy metal.
  • 【Realistic Flame】: We hired an excellent design team. We have been revising the design of our products in recent years. High Intensity LED lights with large display allows the flame to "burn" high enough, flames emerge slowly from the "source" and then get pulled to the top of the fireplace where they flash in the heat of the top of the fireplace. Customers can change the color of the log and the flame according to their own preferences and there are a total of 12 matching. more

Electactic 60 inches Electric Fireplace Recessed and Wall Mounted Electric Fireplace, Fireplace Heater and Linear Fireplace, with Timer, Remote Control, Adjustable Flame Color, 750w/1500w, Black

2. Touchstone ValueLine 72" 10-Color, in-Wall Recessed, Electric Fireplace, 72 Inch

  • MULTIPLE FLAME MODES: The Valueline offers 10 different flame colors and 10 hearth colors to choose from and match up to your liking. This unit offers our widest range of flame customization.
  • MULTIPLE HEARTH OPTIONS:REALISTIC LOG SET: Amaze your guests with the lifelike flames of this wall-hanging electric fireplace. Its realistic flames are set in a realistic log set design or crystals (both included) that lends the homey appeal of an authentic fireplace. more

Touchstone ValueLine 72

3. SEI Furniture Claremont Convertible Media Electric Fireplace, Size 50, Ivory,

  • Electric space heater produces and distributes radiant heat quickly, quietly and efficiently up to 400 square feet. A remote control separately adjusts the thermostat, timer, logs and life like flames creating a warm and cozy ambiance.
  • Display and store items with one media shelf, two triangular side cabinets, and four adjustable side shelves and place a flat pane TV that measures up to 46 inches wide overall for cozy viewing. Ivory finish combines with window pane style doors for effortless universal style. more

SEI Furniture Claremont Convertible Media Electric Fireplace, Size 50, Ivory, (FE9314)

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    9.4
  • Brand
    Electactic
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  • BWP Score

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    9.2
  • Brand
    Touchstone
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  • BWP Score

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    9.0
  • Brand
    SEI Furniture
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    9.0
  • Brand
    Ameriwood Home
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  • BWP Score

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    9.4
  • Brand
    Legend Flame
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  • BWP Score

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    9.4
  • Brand
    Homajor
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  • BWP Score

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    9.4
  • Brand
    R.W.FLAME
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    8.6
  • Brand
    SIMPLIFIRE
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    9.0
  • Brand
    R.W.FLAME
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  • BWP Score

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    9.4
  • Brand
    PuraFlame

Last update on 2023-05-05 / Affiliate links / Images, Product Titles, and Product Highlights from Amazon Product Advertising API

Buying Guides

When you buy an electric fireplace, do your research! Not all fireplaces are created equal and you may be spending more money on an inferior product.

Here are five things to keep in mind when shopping for an Electric Fireplace:

  • The Size of the Unit

Choose the right size for your room. Most electric fireplaces come in sizes from small (18 inches wide by 24 inches deep) to large (36 inches wide by 48 inches deep). If you're not sure what size is right for you, check out our sizing guide.

  • Price

Don't get fooled by a low price. A lower price usually means a lower quality product. Look for quality brands that will last years.

  • Ease of Use

Make sure the unit is easy to use. You'll want to be able to control the temperature, heat up time, and even the light show. Look for units with intuitive controls.

  • Warranty and Returns Policy

Be sure to read the warranty and return policy before purchasing an electric fireplace. Many have limited warranties or no warranty at all. Consider whether you're comfortable with returning a product if it doesn't meet your needs.

Learn More: Best Duraflame Electric Fireplace Inserts

FAQs

Are electric fireplaces safe?

Most experts agree that electric fireplaces are as safe as traditional gas-and-wood models. However, there is always the potential for electrical shock if something goes wrong with the system. 

Make sure to read the instructions carefully before using your fireplace and keep all cords out of reach of children.

How much energy does an electric fireplace use?

The amount of energy an electric fireplace uses depends on the model you choose. Some use as little as 10 watts, while others use up to 500 watts.

How do I know if an electric fireplace is the right choice for my home?

There's no one answer to this question since everyone's tastes will vary. However, if you're looking for something that adds warmth and atmosphere to your home, an electric fireplace is a great option.

Additionally, many models come with a money-back guarantee so you can be sure you're getting your money's worth.

Why buy an electric fireplace?

There are many advantages to using an electric fireplace. They're often more affordable than traditional fireplaces, they're easier to use and maintain, and they don't require any special care. In addition, electric fireplaces typically produce a hotter flame than gas or wood fires.

Before you buy an electric fireplace, make sure that you have enough space for it. Most models are about the size of a regular couch and require about 6 square feet of floor space.

Be sure to read the owner's manual carefully before using your new electric fireplace. Many features on these units are hidden beneath buttons or switches, and incorrect use can result in damage or even injury.

When the weather gets cold, be sure to turn off your electric fireplace before you go to sleep so that it doesn't burn any unnecessary energy during the night.

What is the best electric fireplace under 500?

There is no definitive answer to this question as it depends on a number of factors, including your budget and personal preferences. 

However, some of the best electric fireplaces under 500 dollars include:

All three of these models are reasonably priced and offer great features for their price tags.

Another good option is the Pellet stove. These stoves typically range in price from around $200-$400, and they provide excellent performance for their price point. They're easy to use and maintain, and they generate a lot of heat - making them ideal for larger spaces or areas that require a lot of heating coverage.

Final Thought

When you're looking for the best electric fireplace under 500, it's important to consider a few things. First, the size of your fireplace is an important factor. Second, you should think about what features you want in your fireplace. Third, your budget will also play an important role in your decision-making process. And finally, be sure to read user reviews before making a purchase!

Explore further:

4.5
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James Tindall
WRITTEN BY
James Tindall
James here! I’m a New Yorker who’s been exploring the world of winter and outdoor products for over 10 years. If it can be worn or used in the great outdoors, I've probably reviewed it.