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 re-imagination 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 $395.

2. Marc Jacobs The Tote Bag
Pale beige Marc Jacobs The Tote Bag

Get this at Nordstrom

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 few different neutral color options, perfect to suit any personal style, each fitted with top handles, a spacious interior, and a handy inside zipper and wall pockets.

The most popular version of this bag is made from a cotton canvas, however, you can also get it in a leather version, although you will have to pay a little more. Available in multiple sizes ranging from mini ($175) to medium ($195), almost all versions of this beautiful designer bag are under $500.

3. 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.

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! 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. It is worth noting that this gorgeous bucket bag is available for $510, but that extra $10 gets you the perfect, stylish handbag!

5. 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 designer handbag under $500 for a night out or a special occasion. 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.

6. DeMellier Vancouver Leather Shoulder Bag
Black DeMellier Vancouver Leather Shoulder Bag

Get this on Saks Fifth Avenue

DeMellier is a recent British leather goods brand that has quickly become known for high-quality handbags with classic, timeless designs – such as the Vancouver Leather Shoulder Bag.

This chic bag is made in Spain from luxuriously pebbled black leather and then finished with a gleaming gold two-bar plaque that also acts as a lock on this handbag.

The leather shoulder strap is adjustable, while the interior is pretty roomy and fitted with a zipper pocket so you can keep everything well organized. The minimalist, sophisticated look of this bag makes it the ideal everyday handbag, available for just $485.

7. Polène Numero 1


Polène may be a new French leather goods brand, but they have quickly grown in popularity because of their beautiful and unique leather handbags, made by expert craftsmen in Spain.

The Numero 1 is one of their most popular bags, with a sculptural silhouette, crafted from grained calf leather, with a practical finish, including a top handle, adjustable shoulder strap, and roomy interior.

There are mini and nano editions of this bag if you are looking for something a little smaller, plus there are lots of colors to choose from.

8.  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 lots of 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.

9. 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.

10. 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.

11. See By Chloé Mini Joan Leather Crossbody Bag
Black See By Chloe Mini Joan Leather Crossbody Bag

Get this on Nordstrom

See by Chloé is a great affordable luxury brand if you love the Parisian-cool aesthetic. The See by Chloé Mini Joan Leather Crossbody Bag is the perfect example of a stunning handbag, available for just $440. This suede and grained leather handbag is available in black or caramel – excellent neutral shades to suit any outfit.

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

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. Cult Gaia Nala Mini Pleated Metallic Clutch Bag
Gold Cult Gaia Nala Mini Pleated Metallic Clutch Bag

Get this at Neiman Marcus

We love the unique and playful silhouettes of Cult Gaia pieces, including this striking Cult Gaia Nala Mini Pleated Metallic Clutch Bag. This incredible clutch will really make a statement with any evening look, with the pleated metallic gold leather that really sparkles in the light.

The semi-circular bag features a top zipper, which opens to a compact interior, just the right size for your keys, phone, and card case. This eye-catching clutch bag is also available in gorgeous metallic pink and retails for just $398.

15. Tory Burch Ella Tote Bag
Navy Tory Burch Ella Nylon Tote

Get this on Nordstrom

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 recycled nylon, in either black or navy, so it will really stand the test of time. It’s then embellished with a 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!

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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