6 Best Generators under $500 – Get the Best Value for Your Money

By
Rodney Nestor
Rodney Nestor
Research Writer
Rodney holds a Master’s degree in Arts and apart from working as a freelance writer, is a rather successful author of science fiction stories published in several literary read more
Last updated: September 06, 2023
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If you’ve ever lost power when you needed it most, you’ve probably considered looking into a generator. Unfortunately, generators can be pretty expensive, making you choose between power security or your financial stability. Thankfully, there are plenty of generators under the price of $500. These will allow you to compromise and have the best of both worlds – electricity and a happy wallet.

When looking for the best generator under $500, there are some key factors you should consider. These features determine how the generator functions and if it will suit your needs. Specifically, the generator’s output is significant as this determines what you can power with it. If you have a lower output generator, you won’t be receiving as much power as you would with higher output. Fuel tank capacity and runtime help you determine how long of a “charge” your generator has, allowing you to understand how long it can run in one sitting. Larger fuel tanks require more fuel, which can be more expensive as well. Noise can be a nuisance, especially if the generator is loud, so this is important to consider. Lastly, if your generator doesn’t have a clear warranty and it unexpectedly breaks due to manufacturing issues, you should be able to get the problem solved.

In this article, we’ll go through the best generators under $500. We have compiled this list based on a series of factors including the review of product specifications, as well as customer and expert reviews. You’ll be able to glance through a table comparing the generators, read detailed reviews and analysis of each product, and learn about what to look for when purchasing from the buying guide. Without further ado, let’s jump right into finding the best generator for you.

Quick Summary

  • Editor’s Choice: Champion Power Equipment 76533
    "A dual-fuel RV-ready generator providing enough watts on both gasoline and propane to power several appliances and tools at a time"
  • Best Inverter Generator under $500: WEN 56200i
    "A compact inverter generator that delivers up to 1,250 watts to power your sensitive electronics and is incredibly quiet"
  • Best Home Generator under $500: Westinghouse WGen3600v
    "A powerful generator providing up to 3,500 running watts on gas for a whopping 18 hours on a 4-gallon tank"
  • Best Value: DuroMax XP4000S
    "The control panel has a voltmeter, so you can quickly monitor the power outlet, a built in fuel gauge and a light indicator to show insufficient oil levels"
  • Best RV Generator under $500: DuroStar DS4000S
    "A 4,000-watt generator that comes at a great price for the features, which include a powerful motor, decent runtime, and an easy-to-read fuel gauge"
  • Budget Pick: DuroMax XP1200iS
    "A small and easily portable inverter generator packed with safety features and able to run for almost 10 hours at a half-load"

Top 6 Generators under $500 Review 2024

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Editor’s Choice

Champion Power Equipment 76533

Features
  • Generator type: conventional
  • Peak/rated watts: 4,750/3,800 (gasoline), 4,275/3,420 (propane)
  • Engine: 224cc 4-stroke Campion
  • Fuel tank: 3.4 gal.
  • Runtime: 9 hrs. (50% load on gas), 10.5 hrs. (50% load on 20 lb. propane tank)
  • Outlets: 120V 30A Locking (L5-30R), 120V 30A (TT-30R), 120V 20A Duplex (5-20R)
  • Start type: recoil, electric
  • Noise level: 68 dB(A)
  • Warranty: 3-year limited

 

One of the best choices for generators under $500 is the Champion Power Equipment 76533 generator. It has plenty of features that make it quite superb, including its immense power output. This generator delivers 3,800 watts and has a 3.4-gallon fuel tank, which ensures you have nine hours of run time at a 50 percent load with gas. Alternatively, if you’d rather use a 20-pound propane tank, you get 10.5 hours of run time and 3,240 running watts. This provides you with enough power to both start and consistently power an RV air conditioner that runs at 15,000 BTU. Other than its power output, you can be comfortable in a cold storm knowing your generator will start anyway. That’s because it starts up using an electric start battery component. Another great feature of this generator is that it sounds no louder than a standard vacuum at 68 decibels from about 23 feet away. This means that as long as you’re at a standard distance from your generator, the sound is easily manageable and will not cause you to lose sleep over it. In terms of functionality, this generator has plenty of outlets so you can plug any equipment you need into it whenever you need it. There are two standard 120-volt outlets, a standard RV outlet, and a locking outlet. This generator is also easy to move around thanks to its foldable handle and tires that stay inflated constantly. If there’s ever a problem with the Champion Power Equipment 76533, its 3-year warranty will cover limited issues.

    What makes it special?
  • Duel-fuel generator
  • High 3800-watt power output
  • Easy assembly
  • 68 decibel sound is not very loud for a conventional generator
  • RV-ready
    What cons did we find?
  • The power level output is known to fluctuate when propane is being used
  • It can be tricky to change the oil due to the design flaw
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Read full review: champion power equipment 76533
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2
Best Inverter Generator under $500

WEN 56200i

Features
  • Generator type: inverter
  • Peak/rated watts: 1,250/1,000
  • Engine: 60cc OHV
  • Fuel tank: 0.7 gal.
  • Runtime: 5 hrs. (50% load) Outlets: (2) three-prong 120V, (2) 5V USB ports
  • Start type: recoil
  • Noise level: 51 dB(A)
  • Warranty: 2-year

The WEN 56200i is a great option if you need to keep smaller items powered for a decent amount of time. This model is not great for individuals looking to keep larger items powered on, but it can provide the best amount of energy for charging laptops, cellphones, or powering televisions for up to 5 hours, as it is rated at 1,250 watts and has 1,000 running watts of power. The generator is an inverter type, which means it regulates the amount of power that is sent to your devices. You won’t have to worry about damage to your devices from output fluctuations and voltage spikes! This generator has a 0.7-gallon fuel tank, making it a smaller generator on the market. This is perfect for tailgate parties or camping trips, or just to power smaller devices during power outages. The sound output is rated at 51 decibels from 22 feet away, which is quieter than the sound of an in-window air conditioner. In terms of other significant features, there are two three-prong standard 120-volt wall outlets, as well as five separate USB ports built into the generator. You can also manually adjust the amount of fuel you use with the eco-mode available. This allows you to control the amount of gasoline you are using to power your gear. The 2-year warranty covers problems that arise with the Wen 56125i, making it a great generator for the price.

    Why is it special?
  • Has an economy mode that allows you to manually change the fuel intake
  • Quiet 51 decibel sound output
  • Lightweight
  • Oil changes are easy
  • USDA-approved spark arrestor included
    What are the flaws?
  • Relatively tall for its small stature
  • Doesn’t provide enough power for someone looking for a large output
  • Filling with gas can be difficult and take time to do so cautiously
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3
Best Home Generator under $500

Westinghouse WGen3600v

Features
  • Generator type: conventional
  • Peak/rated watts: 4,650/3,600
  • Engine: Westinghouse OHV 4-stroke
  • Fuel tank: 4 gal.
  • Runtime: 18 hrs. (25% load), 13.5 hrs. (50% load)
  • Outlets: (1) 120V Duplex 20A (5-20R), (1) 120V 30A (L5-30R), (1) 120V 30A (TT-30R)
  • Start type: recoil
  • Noise level: 69 dB(A)
  • Warranty: 3-year limited (residential), 1-year limited (commercial)

This Westinghouse WGen 3600v Generator is one of the most powerful, long-running generators on this list. It provides a peak wattage of 4,650 watts and a running wattage of 3,600 watts. The generator’s 212cc 4-stroke OHV engine means it can produce a lot of power to keep you running for a very long period of time. It also has a whopping 18 hours of runtime on a single 4-gallon tank at a quarter load. The users note that it always runs optimally as well, thanks to the built-in circuit protected technology and can automatically shut off when the oil is low. This means that this generator can protect itself from damage.

Regarding the outlets it is fitted with, the generator is quite versatile. For example, there are five built-in 120-volt standard house outlets available. Additionally, there is one L5-30R receptacle, which is good for heavy-duty power chords. Lastly, there is one TT-30R RV receptacle. This means you can power various kinds of equipment like your RV air conditioner, fridge or freezer, hair dryer, coffee maker, or other various kinds of appliances you need.

The Westinghouse WGen 3600v is EPA, CSA, and CARB compliant. This can make you feel comfortable and safe when operating the generator. If any issues do arise, though, the generator comes with a 3-year limited warranty for residential use, and a 1-year limited warranty for commercial use.

    What makes it stand out?
  • Has a very long, 18-hour runtime compared to other generators on the market
  • Quiet sound output
  • Easy and fast start
  • Ready for RV use with a compatible outlet
    Which disadvantages must you keep in mind?
  • Can’t be used and kept outside or be exposed to weather elements and should be used more for internal appliances
  • Various reported scenarios of poor shipping quality
Read full review: westinghouse wgen3600v
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4
Best Value

DuroMax XP4000S

Features
  • Generator type: conventional
  • Peak/rated watts: 4,000 / 3,200
  • Engine: 208 cc single-cylinder, 4-stroke OHV
  • Fuel tank: 3.96 gal.
  • Runtime: 26h (25% load)
  • Outlets: 120V 30A Twist Lock, 120V 3-Prong receptacle
  • Start type: recoil
  • Noise level: 69 dB(A)
  • Warranty: 3-year limited

The DuroMax XP4000S portable generator has a 208 cc 7hp four-stroke engine that produces 120 volts. It provides 4000 watts at peak and a running wattage of 3300 watts. However, it operates at 69 dBA, which is the typical noise output of a normal conversation. This means that if you are using the generator, it should not impact on your household or other activities, but it may be a little loud for your neighbors if you’re using it at night.

The four-gallon fuel tank provides up to 12 hours of run time at a 50 percent load. The control panel has a voltmeter, so you can quickly monitor the power outlet, a built in fuel gauge and a light indicator to show insufficient oil levels. There are three AC outlets on the control panel including one L5-30R outlet. So, although it is not RV ready, with an adaptor you can use this outlet as a basic RV connection. This makes this generator flexible enough to use around your home, workshop or when you’re camping.

Despite this impressive performance, the XP4000S is remarkably portable. It has a dry weight of 92 pounds and modest dimensions with an open frame design. This not only makes it easier to move or carry the generator, but it also ensures stability. The open frame also makes it ideal for use in rougher terrain, so you can locate it above ground. While many generators feature wheels, with the frame and weight, you can move this generator with minimal effort. This is a distinct advantage over larger generators, which may have wheels, but these may not be helpful if the terrain is particularly rough.

    What do we love it for?
  • Impressive run time of up to 12 hours.
  • Great value for money
  • Decent weight
    What were we disappointed with?
  • No electric start
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5
Best RV Generator under $500

DuroStar DS4000S

Features
  • Generator type: conventional
  • Peak/rated watts: 4,000/3,300
  • Engine: 208cc DuroStar 4-stroke OHV
  • Fuel tank: 4 gal.
  • Runtime: 8 hrs. (50% load)
  • Outlets: (2)-120 Volt, 20 Amp, 60 Hz-NEMA 5-20R; (1) 120 Volt, 30 Amp, 60 Hz-NEMA L5-30
  • Start type: recoil
  • Noise level: 69 dB(A)
  • Warranty: 3-year limited (residential), 1-year limited (commercial)

The DuroStar DS4000s generator is the perfect generator for all different kinds of uses including in-home, at work, or on a campsite. It is powerful and durable enough to withstand maximum loads. The generator has an initial surge wattage of 4,000 watts and 3,300 running watts. The engine is rated at 7 horsepower and has 208cc’s, which is quite powerful for a generator with such power output. The gas tank holds about 4 gallons of fuel and lasts up to 8 hours at a half-load. This means the generator provides enough power for heavy use and can handle multiple equipment items at once, e.g. air compressors, refrigerators, lights, etc. The generator comes with two standard 120-volt outlets and one 120-volt 30-amp twist-lock receptacle. This is something to keep in mind when purchasing, as it offers less options for outlets than other similar generators with alike wattages.

This DuroStar Generator is a safe generator to use, as it is surge protected and user-friendly. It starts up easily with the pull of a string. Additionally, there is an included noise muffler that is great for camping. It operates at 69 decibels and with the muffler will not sound very loud at all. This noise level can be easily compared to the loudness of a vacuum. Lastly, the generator is quite sturdy and can withstand being bumped and wrestled around the bed of a truck. If there are ever any issues experienced with the generator, it comes with a 3-year limited warranty for residential use and a 1-year limited warranty for commercial use.

    Why is it special?
  • Very inexpensive and affordable option
  • Easy to operate and manage for those who are unfamiliar with generator operation
  • Relatively quiet operation compared to a small lawnmower or loud vacuum
  • Incorporated fuel gauge that is simple and easy to read
    What are the flaws?
  • It is recommended to change the oil every other time you fill your gas tank, or at intervals of no more than 20 hours of use
  • Oil drainage can become messy and drip along the generator’s frame
  • There is no way to read the wattage, as it doesn’t have a wattage or ampere meter
Also Product Ranking:
Read full review: durostar ds4000s
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6
Budget Pick

DuroMax XP1200iS

Features
  • Generator type: inverter
  • Peak/rated watts: 1,200/1,000
  • Engine: 55cc
  • Fuel tank: 1 gal.
  • Runtime: 9.75 hrs. (50% load)
  • Outlets: (2) 120V 20 Amp (5-20R); (1) 12V DC
  • Start type: recoil
  • Noise level: 61 dB(A)
  • Warranty: 3-year limited (residential), 1-year limited (commercial)

The DuroMax XP1200iS is a top choice for those who prefer portable generators that are easy to move around. It produces a running 1,200 watts of power with a one-gallon fuel tank that lasts up to 9.75 hours at a 50 percent load. This means it is one of the more long-lasting generators on the market, as it uses little fuel but boasts of a long use time.

One of the great aspects of this generator is how it can be used outdoors. If you go camping, tailgating, or have a power outage issues and need to operate equipment outside, the generator can withstand the elements. Speaking of camping, the included sound muffler allows this generator to fit within noise standards associated with campsites. It is rated at 61 decibels, but remains quiet due to the muffler. Additionally, the compact size of this unit allows for easy transportation and use especially when taking trips outdoors.

This specific DuroMax generator is great for first-time generator owners and is easy to use. It has various features that make refueling and oil change simple and straightforward. For example, it has a wide fuel fill access hole to reduce spills and accidents while refueling.

Included are two standard 120-volt outlets and a single 12-volt DC output which can handle any gear you might need charged throughout your time away from power. It is a rugged generator that can withstand various conditions, but just in case of an unexpected issue, there is a generous 3-year limited warranty available for residential use.

    What are our favorite features?
  • Has an inverter that allows you to charge your smaller electronics like laptops and cellphones
  • Wide-fill fuel mouth to prevent spills and accidents during refueling
  • Low oil alerts and automatic shut off when oil is too low to prevent damage of generator
  • Withstands the elements
    What could be better?
  • Only has two outlets, so may not be great for individuals who have large amounts of materials to charge
  • Small fuel capacity at one gallon, making for possible consistent refueling depending on the items you’re powering
Read full review: duromax xp1200is


Things to Consider

Buying a generator if you’re on a budget can be challenging. When looking for a cheaper generator, there are some vital aspects to look out for when browsing, though. These features can make or break how your generator functions and should therefore be greatly considered when looking to purchase one. Let’s make it clear!

A generator for under 500$: What you should and should not expect?

When looking for a cheaper generator, you should to expect to receive different features and characteristics than you’d receive with a pricier or more expensive and fancier generator. The main thing to expect from a generator under $500 is the wattage output. You’ll unlikely find a lesser costing generator with over 5,000 watts. This means you should expect a less powerful generator at the price point you’re willing to pay. If you’re interested in an inverter generator, you’ll typically have a lower wattage, like for example, many 1000-watt generators are under $500, but with conventional generators, it may be easier to find more powerful ones under $500 as well.

A second factor to expect with a generator for under $500 is that you may be able to snag great deals on well-known and reputable manufacturers. Check out brands like Champion or Westinghouse for great deals and top-notch manufacturing.

How much power do you need?

Best Generator under 500Depending on the set of appliances, devices, and tools you’ll be charging or powering, you’ll need different power levels. For example, a typical refrigerator can use between 300 and 800 watts of power continuously, and a freezer up to 1,000 watts. Remember here that the starting wattage will be higher, reaching 1,200 watts. An electric fan uses approximately 200 watts, and central air conditioning takes up to 5,000 watts. If you’re looking to consistently power these vital appliances, consider looking for a 5,000-watt generator. If you’re just looking to power lights and the occasional fridge, a smaller, 3,000–4,000-watt generator like the Westinghouse WGen3600v will work. You can go even smaller if you just need to keep your gadgets like cellphone, television, or laptop powered, but make sure you get an inverter generator if you plan to charge these, as power surges can mess them up.

Conventional vs inverter generator

Inverter generators and conventional generators vary in what they are best used for. Typically, inverter generators, like the WEN 56200i, are smaller in size, produce less power – between 1,000 and 4,000 watts, have smaller gas tanks – between 1 and 5 gallons, and a shorter run time of up to 10 hours, tops. The other positive characteristic of inverter generators is that they have a lower noise level at just around 50 decibels. They work best for smaller devices, as the power surge is regulated. These, compared to conventional generators, are better for traveling and easier to transport.

Conventional generators are typically larger in size, more powerful, and have larger gas tanks, resulting in more extended hours of use.

Conventional generators are much louder than inverter ones at around 70 decibels.

For how long you need to run your generator?

Choice of generator greatly depends on how long you need your generator to run for. If you need a longer running generator, looking for a larger fuel tank and runtime is key. The larger fuel tank your generator has, the more fuel that can fit inside the generator which results in longer runtime. For example, a 2-gallon fuel tank with a high wattage output will run shorter than a 5-gallon fuel tank with a shorter wattage output. Additionally, it is important to understand the difference between propane and gasoline generators.

Generators typically run longer on propane than they do with gasoline. Duel-fuel generators, like the Champion Power Equipment 76533 are best, as they provide you with the choice to use either propane or gasoline.

Generator noise level

The noise generator makes is critical for some and can make or break your decision on a particular model. This is especially important if you are planning to camp with your generator. Many campsites have sound output restrictions and frown upon having loud operating machinery during your stay. Smaller generators and inverter generators are usually much quieter than large models, and they often come with sound mufflers. These are also great for those who want little noise from their home generator as well. If you don’t mind noise, louder generators may not typically bother you.

Safety features

There are plenty of safety factors to consider when purchasing a generator. One safety precaution that generator manufacturers incorporate in their generators is having an overload sensor. Overload can occur if you have too many appliances plugged into your generator at once, causing it to short circuit. If it does not contain a sensor, the generator can dramatically overheat and break down. The overload sensor automatically shuts it off to protect the generator itself and appliances.

Additionally, low oil shutoffs should be looked for when purchasing a generator. When oil is low in a generator, the moving parts can wear down and cause the generator to break over time. When oil levels are low, if there is a low oil sensor, the generator shuts off and alerts you to refill oil.

Safety factors are significant aspects to look for when shopping for a generator, as they can save and extend the life of your generator.

Tips and tricks

Installing and maintaining your generator is an important part of upkeeping and ensuring it has a long life. To properly install your generator, thoroughly read all the instructions that come with the packaging to identify key things to pay attention to when installing. In terms of maintenance and upkeep, always remember to change your generator’s oil. A lack of oil can damage its parts. Also, make sure it isn’t exposed to the elements if it’s not rated for it.

FAQ

I need to power electronics. What kind of generator do I need?

In order to power your electronics, you would need an inverter generator. Inverter generators have a high-quality power output which is close to the power you get from the outlets at home, thus, not damaging your device.

How much power do I need to power a refrigerator, a microwave, and several lights?

To power a refrigerator, microwave, and several lights, you’d benefit from at least 3,000 watts of power, depending on how much your microwave demands. Typically, refrigerators alone use 300 to 800 watts of power, and microwaves can use up to 1,100 watts. This alone puts you around 2,000 watts. This, plus lights, can reach over 2,000 and closer to 3,000 watts. If you are unsure of the exact wattage that your appliances need to power up properly, it is always smart to have a generator with a larger wattage. If you end up using a generator with a smaller output, you will overload your generator, which can cause your generator to short if it doesn’t have an overload sensor.

I want to buy a generator for my RV. What features should I keep in mind?

For an RV, there are plenty of features to keep in mind when looking for a generator. They range from features that pertain to its usage, to protective measures. One thing to look out for is its power output. If you need to power an entire RV, you may need a higher wattage than you’d need when just trying to charge or power a few small items. Aim to have a generator of any amount above 3,000 watts. Next, if you are a light sleeper, having a generator that operates quietly may be best for you. Consider what kind of sleeper you are and where your generator is positioned compared to where you sleep in the RV. Next, look for a user-friendly generator. If you are not extremely familiar with the use of generators, having an easy-to-use generator can make your trips in your RV easier and ensure you won’t be out of power due to a lack of knowledge. Lastly, look for safety features, such as surge protectors and overload sensors. This will protect you, your RV, and your generator when in use.

Our verdict

The Champion Power Equipment 76533 was our top pick for the best generator under $500. We loved the great fuel capacity, long run time, and plenty of safety features this generator had at a great price. Note that this is a dual-fuel generator, meaning you can choose between gas or propane.

The best inverter generator was the WEN 56200i. It allows swift and safe powering of the smallest of devices with ease and is really portable.

The third top generator on our list was the Westinghouse WGen 3600v. We enjoyed how long the runtime was with a small load and gas tank. It was also easy to use and had plenty of safety features.

Hopefully, in this article we were able to help you find the best generator under $500 for you. Choosing a generator at this price point can be difficult, but as you can see from above, there are great options out there and if you are looking for even further options we also recommend to check the Powermate generators. Enjoy having portable energy at your fingertips with a great generator under $500!

References

1.
WEN 56200I INSTRUCTION MANUAL Pdf Download | ManualsLib
View and Download Wen 56200i instruction manual online. 2000W INVERTER GENERATOR. 56200i inverter pdf manual download.
2.
Honda Generators | Inverter Generator Advantages and Benefits
What are the benefits of an inverter generator?
9,8
Total Score
Champion Power Equipment 76533 - Editor’s Choice
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