Comparison: Best Electric Fireplace Under $500 (Updated | Dec 19th)
Looking to cozy up your space without breaking the bank? You’re in luck! We’ve scoured the market to find the best electric fireplaces under $500 that deliver both warmth and style. These budget-friendly beauties offer the perfect blend of ambiance and functionality, without the hassle of wood-burning alternatives. Whether you’re dreaming of a sleek wall-mounted unit or a classic mantelpiece design, we’ve got you covered.

EUHOMY 60 Inch Electric Fireplace Wall Recessed and Wall Mounted with Adjustable Flame Color
Premium Wall Fireplace
- Best for compact retro stove: ZAFRO Electric Fireplace Stove
- Best for infrared heating choice: duraflame Freestanding Electric Fireplace Stove Heater with 3D Flame Effect for 1
- Best for elegant stove design: ZAFRO 23 inch Freestanding Electric Fireplace Stove | Thermostat Control
- Best for smart safety features: Sweetcrispy Freestanding Electric Fireplace Heater
- Best for cabin style heater: duraflame Freestanding Electric Fireplace Stove Heater with 3D Flame Effect for 1
- Best for premium wall fireplace: EUHOMY 60 Inch Electric Fireplace Wall Recessed and Wall Mounted with Adjustable Flame Color
- Best for quiet operation choice: Oylus Electric Fireplace Stove Heater – Fireplace Heaters for Indoor Use with Realistic Flame Effect
- Best for slim wall design: R.W.FLAME 60″ Recessed and Wall Mounted Electric Fireplace
- Best for color customization pro: DUMOS 36″ Freestanding Electric Fireplace
- Best for vintage style heater: ZAFRO Freestanding Electric Fireplace Stove with Realistic Flame
Product Comparison: Best Electric Fireplace Under $500
ZAFRO Electric Fireplace Stove, 5100 BTU Quick Heating Electric Fireplace Heater with Adjustable Flame Brightness, 1000W/1500W Thermostat, for Living Room, Bedroom

✓ Reasons to Buy
- Vintage aesthetic appeal
- Quick heating capability
- Adjustable flame brightness
- Dual safety protection
- Compact and portable
✗ Reasons Not to Buy
- Limited heating coverage
- Basic control options
duraflame Freestanding Electric Fireplace Stove Heater with 3D Flame Effect for 1,000 Sq. Ft. Room, Black

✓ Reasons to Buy
- Heats large areas
- Realistic flame effect
- Independent flame control
- Portable design
- Energy-efficient heating
✗ Reasons Not to Buy
- Higher price point
- Bulky for small spaces
ZAFRO 23 inch Freestanding Electric Fireplace Stove | Thermostat Control, Low Noise, 5100 BTU, Overheat Protection, for Indoor Use

✓ Reasons to Buy
- Elegant retro design
- Powerful heating output
- Dynamic flame display
- Enhanced safety features
- Quiet operation
✗ Reasons Not to Buy
- Limited color options
- Smaller viewing area
Sweetcrispy Freestanding Electric Fireplace Heater, 26”Two Door Fireplace with 3D Flame Effect, Overheating Safe Design, Energy Saving Space Heater with 12H Timer&Remote for Living Room, Bedroom,Black

✓ Reasons to Buy
- Adjustable heat settings
- Realistic 3D flame effect
- Built-in safety features
- Remote control included
- Energy-saving timer
✗ Reasons Not to Buy
- Limited heating area
- Basic design aesthetics
- Noisy at high settings
duraflame Freestanding Electric Fireplace Stove Heater with 3D Flame Effect for 1,000 Sq. Ft, Bronze

✓ Reasons to Buy
- Heats large areas
- Realistic flame effect
- Independent heat/flame controls
- Portable design
- Money-saving operation
✗ Reasons Not to Buy
- Higher electricity consumption
- Limited color options
- Bulky for small spaces
EUHOMY 60 Inch Electric Fireplace Wall Recessed and Wall Mounted with Adjustable Flame Color, Fireplace Heater with Remote Control, Linear Fireplace with Timer, Touch Screen, Log & Crystal, 750/1500W

✓ Reasons to Buy
- Customizable flame colors
- Multiple installation options
- Dual control system
- Quiet operation
- Energy-saving modes
✗ Reasons Not to Buy
- Limited heating coverage
- Requires installation
- Higher price point
Oylus Electric Fireplace Stove Heater – Fireplace Heaters for Indoor Use with Realistic Flame Effect, Freestanding Electric Stove Heater with Overheating Protection, 1500W, Adjustable Heating

✓ Reasons to Buy
- Realistic 3D flames
- Two heat settings
- Flames-only option
- Advanced safety features
- Compact design
✗ Reasons Not to Buy
- Limited heating area
- Basic control options
- Not wall-mountable
R.W.FLAME 60″ Recessed and Wall Mounted Electric Fireplace, Low Noise, Fit for 2 x 6 Stud, Remote Control with Timer, Touch Screen, Adjustable Flame Color and Speed, 750-1500W

✓ Reasons to Buy
- Sleek modern design
- Multiple flame options
- Remote control operation
- Energy efficient heating
- ETL certified safety
✗ Reasons Not to Buy
- Requires professional installation
- Limited heating capacity
- Higher price point
DUMOS 36″ Freestanding Electric Fireplace, 1500W/750W Wall Mounted or Recessed Insert Fireplaces Heater with Remote Control,13 Adjustable Flame Color, 12H Timer, Touch Screen,Inky

✓ Reasons to Buy
- Multiple installation options
- Extensive color customization
- Powerful heating capacity
- Convenient remote control
- Specialized mood modes
✗ Reasons Not to Buy
- Complex setup process
- Remote requires batteries
- Limited to smaller rooms
ZAFRO Freestanding Electric Fireplace Stove with Realistic Flame, 5100 BTU Electric Fireplace Heater with Retro Design, 1000W/1500W, Dual Safety Protection for Living Room, Bedroom

✓ Reasons to Buy
- Vintage aesthetic design
- Powerful heating capacity
- Realistic flame effects
- Enhanced safety features
- Compact and portable
✗ Reasons Not to Buy
- Limited color options
- Smaller heating area
- Basic control interface
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon.com at the time of purchase will apply to the purchase of this product.
Buying Guide
FAQs
What features should I prioritize in an electric fireplace under $500?
Look for adjustable heat settings, flame brightness controls, and a realistic LED flame effect. Safety features like overheat protection and a cool-touch exterior are also important.
How do freestanding and wall-mounted electric fireplaces compare?
Freestanding models are portable and easier to install, while wall-mounted units save space and offer a sleeker look. Both types provide similar heating performance, but wall-mounted options may require professional installation.
Are electric fireplaces energy-efficient?
Yes, most electric fireplaces are energy-efficient, using LED technology for flames and low-wattage heaters. They can heat small to medium-sized rooms effectively without the high costs of traditional fireplaces.
What size electric fireplace should I choose for my room?
Measure your room’s square footage to ensure the fireplace’s heating capacity matches your needs. A 1,500-watt unit typically heats up to 400 square feet, while smaller units are better for compact spaces.
Do electric fireplaces require maintenance?
Electric fireplaces are low-maintenance, only requiring occasional dusting and bulb replacement for the flame effect. Unlike wood-burning fireplaces, they don’t produce soot or ash, making cleanup minimal.
Can I use an electric fireplace without the heat function?
Yes, most models allow you to enjoy the flame effect without turning on the heat, making them ideal for year-round use. This feature adds ambiance without raising energy costs.
What’s the difference between infrared and fan-forced heating?
Infrared heaters warm objects and people directly, offering more efficient and consistent heat. Fan-forced heaters blow warm air into the room but may be noisier and less efficient over time.
Are there safety concerns with electric fireplaces?
Electric fireplaces are generally safe, but look for models with overheat protection and CSA certification. Keep flammable items away from the unit and avoid using extension cords to reduce risks.
