If you are looking for discount diamond solitaire engagement rings priced less than $500, we have your selection right here. Just be aware that all our listings are provided by third parties, so don't fall for any too good to be true deals.

Or browse our selection below:

TOP PRINCESS CUT REAL DIAMOND SOLITAIRE ENGAGEMENT RING    US $287.00

WHITE GOLD AQUAMARINE DIAMOND SOLITAIRE ENGAGEMENT RING    US $330.00

1 ct ROUND DIAMOND ENGAGEMENT WEDDING SOLITAIRE RING    US $480.00

Rare 14K White Gold Diamond Solitaire Engagement Ring    US $495.00

18K White Gold Diamond Solitaire Engagement Ring 039 C    US $469.00

068CT DIAMOND SOLITAIRE ENGAGEMENT SEMI MOUNT RING 14K    US $449.00

14K DIAMOND SOLITAIRE ENGAGEMENT RING 52CT MAKE OFFER    US $475.00

ROUND 67C DIAMOND GOLD SOLITAIRE ENGAGEMENT RING BAND    US $369.00

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Our selection of discount diamond solitaire engagement rings can be the perfect thing in these difficult economic times. Getting married is never cheap, but that doesn't mean you still shouldn't try to save money whenever possible. Looking at discount engagement rings online can a great way to stretch that buck just a little bit further.

Nevertheless, when shopping for cheaper diamond jewelry like engagement rings you have to be a bit careful that you aren't getting ripped off. The first thing to check for is that the stone itself is actually diamond and not a cheaper alternative like cubic zirconium or white sapphire. These can be a great way to save money but make sure you know what you are paying for.

The second thing to watch out for are deals that seem too good to be true. For example, there is no way you are going to get a 3 carat diamond engagement ring for less than about $20,000 (for a very poor quality gem). So, if you see one for sale for $500 you know something isn't right. As is mentioned below all our listing come from third parties so we try to limit obvious scams, but some still may get through. As always caveat emptor or buyer beware.

Now assuming the seller is selling a legitimate diamond at a fair price there are still a few things to be aware of. You should find out as much as possible about the diamond itself. You need to know its size, cut, clarity and color. Generally speaking discount diamonds are cheaper because they have a weak point in one of these areas.

Some people may want to opt for a large stone with slight flaws in color and clarity whereas other may choose a smaller more well rounded one. At the end of the day it all comes down to what you like the look of and what you budget will allow. My personal recommendation is always to go for quality over size, but as I say go with what you think is best.

So take you time and have a look at all the different discount diamond solitaire engagement rings we have on offer above. They come in all different shapes, sizes and cuts. Finding out what she wants will speed up your search so do a little digging before buying. Although you can usually return most rings once you have bought them, you want your proposal to make her scream "Yes!"