Want a nice ring but don’t want to spend an arm and a leg for it? Well, we have your affordable diamond solitaire engagement rings priced for less than $1,000 right here. Please be conscious of the fact that are ring listings are provided to us by third parties so use your common sense when you shop.

Shopping online is a a great way to find affordable diamond solitaire engagement rings. As you can see we have a whole plethora of them for you to choose from. Moreover, you can use the menu on the left to narrow down your search. Listed above are rings priced under $1,000, which I consider to be affordable.

However, what one person may think is affordable others may not. The old adage about engagement rings is that you should spend 2 months salary on them. So a surgeon who makes $20,000 a month could spend $40,000 on a ring and it could be considered affordable. Whereas someone who is unemployed and is earning nothing wouldn’t be able to afford anything by this formula.

Nevertheless, I think for most people diamond rings priced under $1,000 are affordable. And just to note I no longer think the 2 months salary rules apply, especially in this economy. That is why I recommend you try to find something you love in a price range you are comfortable with.

In the sub-$1000 price group you will still have to make some compromises. This can be in any of the 4-C groups – carat, clarity, color and cut. To this list we might also add the compromise you may have to make in the setting and ring metal. So let’s look at these in a little greater detail so you can know where to spend your money.

Of the 4 Cs carat or the size of your diamond is by far the most important in terms of price. Big diamonds cost more than smaller ones, and that’s a fact. So when shopping for affordable diamond engagement rings you may have to go with a slightly smaller stone than originally planned.

In terms of the other Cs you may also have to make small compromises. This might include lower color ratings, lower clarity rating and choosing a cheaper cut. Fortunately, the cheapest cut for diamonds is usually the round cut, which also happens to be the most popular. More expensive cuts include emerald and cushion cut diamonds that give great classic look, but at a higher price point.

Finally, you will have to think about your ring a setting material. At this price point you should be able to get gold, but probably not 18K gold and definitely not platinum. The good news is that both white and yellow gold are priced about the same these days so you can have great look no matter what your style.

Now that you know a bit more about the whole buying process please have a look at our selection of affordable diamond solitaire engagement rings above. We have lots to choose from so chances are we have something you want. And as always you can also look at specific styles by using the links on the left.