15 Best Designer Bags Under $500 Worth The Splurge

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If you’re looking for luxury on a budget, we got you! We rounded up the best designer bags under $500 so you can look classy for a fair price.

Just because you aren’t making millions, it doesn’t mean that you don’t deserve a chic designer bag – most of us have bills to pay and limited money to spend on fashion and accessories.

Thankfully, it’s possible to find stunning designer bags at affordable prices that won’t break the bank. To help you bulk up your bag collection without spending all of your hard-earned money, we’ve found 15 of the best luxury handbags available for under $500.


The Best Designer Bags Under $500

1. Coach Pillow Tabby 18 Shoulder Bag


Best designer bags under $500: Coach Pillow Tabby 18 Shoulder Bag

Get this at Neiman Marcus

Let’s start this list with one of the best trend bags of the moment—the Coach Pillow Tabby 18 Shoulder Bag. This bag is a reimagination of one of the brand’s iconic 1970s designs, and features ultra-soft leather and Coach’s signature hardware. It also has a detachable top handle and comes with an additional adjustable strap, so it can be worn as a top handle, crossbody or shoulder bag, depending on your outfit and the occasion.

The Coach Pillow Tabby 18 Shoulder Bag comes in black, cream, pale pistachio, and purple, and can be yours for 3495.


2. Saint Laurent Uptown Baby textured-leather pouch


Best designer bags under $500: Black Saint Laurent Uptown Baby textured-leather pouch

Get this on Net-A-Porter

Saint Laurent is an incredible French fashion house with a long history, so why not add a little of this heritage to your wardrobe with this Uptown Baby textured-leather pouch? This pouch can be used as a clutch bag on its own or slid into a tote bag to help you stay organized.

The pouch is made from textured black leather and decorated with a glittering gold YSL logo for a refined and elegant look. The envelope-style front flap opens to a compact interior and is the perfect size for when you are traveling light for dinner out. This designer bag is one of the only ones you can get from Saint Laurent for under $500, so if you love the brand’s aesthetic, this is the perfect budget-friendly option.


3. Marc Jacobs The Tote Bag


Best designer bags under $500: Marc Jacobs The Tote bag

Get this at Nordstrom

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If you’re looking for a practical bag that you can take everywhere from the office to the airport,  The Tote Bag from Marc Jacobs is a must-have. It comes in a variety of colors, prints and designs, and it can definitely add a pop of self-expression and creativity to any outfit that you’re wearing, even if it’s just a monochrome sweatsuit.

The most popular version of this bag is made from cotton, however, you can also get it in a leather version, although you will have to pay a little more for the latter. Available in multiple sizes ranging from mini, to small ($195), to medium ($215), almost all versions of this beautiful designer bag are under $500.


4. Burberry Phoebe Heritage Stripe Bucket Bag

Best designer bags under $500: Burberry Phoebe Heritage Stripe Bucket Bag under $500

Get this bag at Neiman Marcus

This Burberry Phoebe Heritage Stripe Bucket Bag is the perfect mix of practicality and style, all for under $500! This bucket bag is crafted from sustainable nylon, which is decorated with the classic and iconic Burberry heritage stripes and the Burberry brand name in block capitals, and then trimmed with black calf leather.

The top of the bag secures with a functional drawstring closure, making it quick and easy to get hold of everything you need. The inside of the bag is lined and fitted with a handy little zipper pocket.


5. See By Chloé Joan Mini Shoulder Bag


Best designer bags under $500: Black See By Chloé Joan Mini Shoulder Bag

Get this on Net-A-Porter

See by Chloé is a great affordable luxury brand if you love the Parisian-cool aesthetic. The See by Chloé Joan mini suede shoulder bag is the perfect example of a stylish handbag, available for just $320. This suede and grained leather handbag is available in black, beige, and white – the perfect neutral shades to suit any outfit.

The front of the bag is decorated with a gleaming gold whipstitched ring, gold charms, and tassels. This shoulder bag is fitted with a detachable top handle and a longer shoulder strap for endless styling options. The inside of this bag is spacious and fitted with handy card slots and interior pockets.


6. Loewe Small Basket Tote


Loewe Small Basket Tote

Get this on Nordstrom

We love the summery style of the Spanish fashion house, Loewe. The Loewe Basket Small Tote is just the perfect designer beach bag, available for under $500. The basket is woven from palm leaves for a tactile feel and sophisticated look, and then the front is decorated with a white leather patched embossed with the Loewe brand name and Anagram logo. 

The white leather top handles are adjustable, making it easy to wear this bag on your shoulder or carried in your hand. The inside of the bag is spacious and will easily fit your beach day essentials.


7.  Marc Jacobs Snapshot Camera Bag


Nude Marc Jacobs Snapshot Camera Bag for designer bags under $500

Get this at Nordstrom

Marc Jacobs is known to create some of the best affordable designer bags, and the Snapshot Camera Bag is just one example of their stylish bags. It comes in so many many different colors, prints and special edition releases that it can suit anyone’s personal style.

The crossbody bag gets its name from its wide camera strap that is removable, adjustable, and suitable for wearing both across the body or on the shoulder. If you want to switch up the strap, plenty of other fashionable options can be found on the Marc Jacobs website.

While there are approximately 40 colors and prints to choose from, we are partial to the classic black and nude bags with the bulky yet classic Marc Jacobs straps logo straps that retails for $325.


8. Tory Burch Fleming (Small)


Black Tory Burch Fleming in small

Get this at Neiman Marcus

The Small Tory Burch Fleming bag is arguably one of the best versatile designer bags under $500! Just like with clothing, this bag can be dressed up or dressed down. It works with cocktail dresses and heels but also looks trendy with high-waisted jeans, a white tank, and high-top Converse sneakers.

The Small Fleming Convertible Shoulder Bag is currently available in five different colors: black, red, light brown, gray, and cream.

The bag is constructed from quilted leather and features a braided gold chain strap that keeps it snug on your shoulder. It also has the signature embossed Tory Burch logo on the top flap. It can be purchased for $498.


9. Coach Luna Zip Pebble Leather Shoulder Bag


Coach Luna Zip Pebble Leather Shoulder Bag

Get this at Neiman Marcus

Top American fashion brand, Coach, creates a wide range of absolutely gorgeous handbags, just like this Luna Zip Pebble Leather Shoulder Bag. The curved, crescent silhouette of this shoulder bag makes it totally unique and the soft monogram print coated canvas looks just beautiful.

This handbag is embellished with gold hardware and a Coach logo tag for a little touch of glam. The leather top handle is adjustable and the spacious, suede-lined interior is fitted with slip pockets making it easy to find everything you need. If monogram print isn’t your style, this bag also comes in understated chalk, black or red – all for just $295.


10. Cult Gaia Hera Nano Knotted Embellished Bag


Silver Cult Gaia Hera Nano Knotted Embellished Shoulder Bag with rhinestones

Get this at Neiman Marcus | Nordstrom 

The Cult Gaia Hera Nano Knotted Embellished Shoulder Bag is the perfect glamorous and luxurious handbag for a night out or special occasions. This bag is crafted from crystal-embellished plastic that really sparkles and glitters in the light – we love the neutral silver shade, but this striking bag is also available in champagne gold, blue, red, green, and pink.

The top of the bag is fitted with a knotted top handle, while the zip closure allows easy access to the roomy interior that will easily fit your phone, wallet, and keys.


11. T Monogram Jacquard Bucket Bag


Tory Burch T Monogram Jacquard Bucket Bag

Get this at Neiman Marcus

If you can’t tell, we’re big fans of Tory Burch, including the beautiful T Monogram Jacquard Bucket Bag! This incredible bucket bag is crafted from the brand’s signature monogram jacquard cotton, which has then been lined with leather.

The sophisticated navy shade will add a pop of color to any outfit, while the detachable tan leather top handles and adjustable crossbody strap give a neutral touch to this striking bag. The roomy interior is big enough for all your everyday essential items, secured with a magnetic closure.


12. Longchamp Le Pliage


Black Longchamp Le Pliage bag

Get this at Nordstrom

Longchamp’s Le Pliage bag is a classic tote that can hold a lot more than your credit card and face powder. This shoulder bag comes in a few different sizes and colors, including cream, black, navy, tan, red, eggplant purple, and pink.

The Le Pliage bag is very minimalistic in style and has a long, brown leather strap so that you can comfortably carry it on your shoulder. It’s the perfect bag for traveling, as it can be folded down to a fraction of its real size, making it easy to pack in your suitcase.


13. Marc Jacobs The J Marc Shoulder Bag

Black Marc Jacobs The J Marc Shoulder Bag

Get this on Neiman Marcus

If you are looking for a sleek and chic handbag that can take you from day to night, then this Marc Jacobs The J Marc Shoulder Bag is perfect for you – plus, it’s available for just $395! The shoulder bag has a structured silhouette and is made from smooth leather, available in a wide range of colors, everything from neutrals to brights so you are bound to find an option that suits your style.

The bag is fitted with a gold chain top handle and a detachable and adjustable long shoulder strap, which is decorated with the Marc Jacobs brand name. The front flap opens to a compact interior fitted with multiple pockets to keep everything organized.


14. Tory Burch Ella Tote Bag

Black Tory Burch Ella tote bag

Get this on Neiman Marcus

The Tory Burch Ella Tote Bag is a must-have bag because of its super practical design and minimalist, versatile look. This stunning tote is crafted from durable nylon, in either black or navy, so it will really stand the test of time. It’s then embellished with a black faux leather Tory Burch logo for a tonal, textural finish.

The corners of the bag are protected with faux leather trim, while the long looping top handles are also faux leather for a sleek look. There are side snaps to extend the size of the bag, as well as a zip pocket so you don’t lose small items at the bottom of the tote! 


15. Cult Gaia Eos


Beautiful pearl bag - Cult Gaia Eos

Get this at Cult Gaia | Net-A-Porter

Cult Gaia is known to create playful and striking bags, just like this Eos beaded marbled acrylic clutch, which is a new arrival in the brand’s ’22 collection. The border of this boxy clutch is decorated with beautiful chunky white beads in differing sizes for a tactile finish, and the clutch itself is made from shimmering, marbled acrylic for a bold look.

The sparkling, pearlescent finish on this clutch will look incredible in the light and stand out as an eye-catching element of your look. The hinge opening allows for easy access to the compact interior, with just enough room for your cardholder and phone.

We hope you enjoyed our list of the best designer handbags under $500! For more beautiful bags from different designer brands, check the posts down below.


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