It’s no secret that engagement rings are one of the more significant purchases one may make in their life. However, times are changing and there are more options than ever to find her dream ring without breaking the bank. We’ve outlined a few tips and tricks for how to save the most when searching for affordable engagement rings, while also making the most of your budget.
Set Your Budget
The first and most important step when beginning your search for affordable engagement rings is to set a budget. With endless diamond shapes, metal options, and setting styles, it’s easy to get carried away.
Setting a budget will allow you to narrow down your options and better understand where you can spend and where you should save. With a little research, you can find stunning diamond engagement rings at a price tag that won’t break the bank.
While there is no set “rule” on how much you should spend on an engagement ring, everyone’s spending comfort level will be different. If you shop around enough you are sure to find an engagement ring you love for the right price. Here are some tips for buying diamond engagement rings on a budget.
Choose a Lab Grown Diamond
It’s no surprise that the biggest chunk of your engagement ring budget will go towards the diamond. It is important that you find the perfect ring with the right price tag.
There are plenty of tricks to help you save when you’re searching for diamond engagement rings, like learning about the different diamond shapes and their 4 C’s or simply choosing to have another gemstone, like a birthstone.
However, unless you are choosing a mined diamond, lab-grown diamonds are the only option that are still 100% a real diamond. You can also sleep well at night knowing you choose an ethical engagement ring.
Lab-Grown Diamonds Will Save You Money
Lab-created diamonds are chemically, physically, and optically identical to mined diamonds. However, due to the shorter supply chain, lab-grown diamonds can be anywhere from 20-40% less expensive than mined diamonds, making them a better option for affordable engagement rings.
With that huge amount of savings on the diamond, you can allot more budget toward a better quality stone, a bigger carat weight, or even a more elaborate setting. You may have money left over for beautiful wedding bands. This way you can be sure you get the best engagement ring for the price.
Setting Styles That Will Help You Save
Solitaire settings are the most simple and, more often, inexpensive engagement ring setting one can choose. However, just because solitaire settings are simple, does not mean that they are boring! Featuring a single solitary diamond, this style allows for increased focus on your center stone!
If you’re in the market for a solitaire diamond, it’s important to pick a high-quality diamond since it’ll be the main focal point of your engagement ring.
Solitaire settings are a fantastic choice for affordable engagement rings because they fit nearly every diamond shape, from marquise to round. Below are a few favorites, all under $1,000.00!
While appearing to be a simple solitaire band, this setting actually features a hidden row of diamonds that sit under the round brilliant diamond. The 2mm band width allows your lab-created stone to shine in any of our affordable engagement rings.
A classic solitaire with a twist! This setting style features a woven band, available in white, yellow, rose gold, and platinum. Compatible with our most popular diamond shape, the brilliant round.
If you have your heart set on something with a bit more sparkle, the halo is the perfect option for you. Unfortunately, halo settings are typically more expensive due to their elaborate details and extra diamonds. However, these settings allow you to save on the center diamond, which may save you money in the long run.
Halo settings feature a circle of small diamonds that surround a larger, center diamond. These smaller sparklers enhance the majestic size of the center stone, which gives the appearance of a larger diamond.
This allows you to choose a smaller stone, saving you money, without compromising on overall sparkle.
Shop some of our favorite halo styles, below!
Antique Halo Ring
This vintage style halo is one of our most affordable engagement rings. Featuring delicately woven shoulders that rise up to the round center diamond. Embrace the vintage look by choosing yellow gold for the metal.
Round Fancy Halo
As classic as a halo setting comes! With the band of the ring set with lab-grown diamonds that lead up to the round center stone, this is one show-stopping ring!
Gioioso Oval Halo
Maybe you want a halo style setting, but you’re not too sure about a round center stone. Our Gioioso Oval Halo features a stunning oval center stone set on a square 2mm band. Choose 14k white gold to enhance the beauty of this ring!
If you’re looking to spend less than your average engagement ring, look to rings that are typically used for wedding bands or even fashion pieces. Remember, you don’t need to have an engagement ring that features a large center stone.
Today, brides are choosing to wear more simple and unique styles for their affordable engagement rings. Clean Origin offers many eternity rings and fashion-forward rings, but we’ve chosen a few favorites, below!
Entwined Diamond Ring
While this ring features no center diamond, it’s still quite impressive with over 60 lab-created diamonds! With a beautiful twist design, we love this ring in a show-stopping metal like rose gold.
Myriad Diamond Ring
Another favorite if you’re looking for affordable engagement rings, our Myriad diamond band is under $1,000 but is still stunning with its band lined with 20 sparkling diamonds. The metal beadwork adds great detail to this stunning ring.
Consider 14k Gold
When you pick out an engagement ring, you’ll have to decide on what precious metal you want that ring made of. Clean Origin offers 14 and 18k white and yellow gold, 14k rose gold and platinum.
Platinum will be the most expensive choice for an engagement ring. If you’re looking for that platinum look while sticking to more affordable engagement rings, try white gold.
14k gold is what we’d recommend if you’re looking to save, as it is the least expensive choice, while also being the most durable. 14k gold has a higher mixture of gold to other metals, making this ring less prone to scratches and dents, as pure gold is extremely soft. This is why we do not recommend 24k gold for wedding rings or engagement rings. Choose 14k gold in white, yellow, or rose to get the best value of any of our affordable engagement rings!