10 Best Compound Bow Under $500 in 2024 – Buyer’s Guide

Bow technology is enduring, continually evolving with each passing year. Manufacturers consistently unveil new designs and enhancements to existing series, catering to the needs of both bowhunters and target shooters. Whether you’re a novice or a seasoned professional, the market offers a wide range of options to suit every budget.

If you’re on the hunt for the optimal compound bow under $500, you’ve landed in the right spot. Our curated list comprises the top 10 compound bows in this price range, complete with detailed information to aid your selection process. We’ve collaborated with industry experts to ensure accessibility for all.

Our mission is clear: to guide you towards a dependable bow that elevates your archery experience without straining your finances. Each bow featured here has undergone meticulous selection, taking into account factors such as reputation, user feedback, expert evaluations, and overall value for money.

Best Compound Bow under $500 – At a Glance

Before jumping to the details of our guide, let’s see our ranking of the best compound bows under 500 dollars in 2024.

IMAGE	PRODUCT	DETAILS
Best Overall	Our Top Pick	Bear Archery Cruzer G2	IBO Speed: 315 FPS Draw Length: 12″ to 30″ Draw Weight: 5 to 70 lbs.	Check On Amazon
Editor’s Choice	Editor’s Choice	Southland Archery Supply	IBO Speed: 235 FPS Draw Length: 20″ to 29″ Draw Weight: 25 to 55 lbs.	Check On Amazon
		Leader Accessories	IBO Speed: 310 FPS Draw Length: 25″ to 31″ Draw Weight: 50 to 70 lbs.	Check On Amazon
		PSE RTS MINIBURNER	IBO Speed: 310 FPS Draw Length: 16″ to 26.5″ Draw Weight: 29 to 40 lbs.	Check On Amazon
		Diamond Archery	IBO Speed: 295 FPS Draw Length: 18″ to 28″ Draw Weight: 5 to 55 lbs.	Check On Amazon
		Topoint Archery	IBO Speed: 320 FPS Draw Length: 19″ to 30″ Draw Weight: 19 to 70 lbs.	Check On Amazon
Best Value	Best Value	Leader Accessories Right Handed	IBO Speed: 296 FPS Draw Length: 19″ to 29″ Draw Weight: 30 to 50 lbs.	Check On Amazon
		iGlow Black Camo	IBO Speed: 310 FPS Draw Length: 25″ to 31″ Draw Weight: 40 to 70 lbs.	Check On Amazon
		SAS Scorpii	IBO Speed: 260 FPS Draw Length: 19″ to 29″ Draw Weight: 30 to 55 lbs.	Check On Amazon
		CREATIVE XP	IBO Speed: 320 FPS Draw Length: 23.5″ to 30.5″ Draw Weight: 30 to 70 lbs.	Check On Amazon

1. Bear Archery Cruzer G2 Adult Compound Bow

Among the best compound bows under $500 in 2024, the Bear Archery Cruzer G2 is appreciated for the richness of the included accessories and good construction quality.  The high-energy cams incorporated into its design efficiently facilitate the development and storage of significant energy.

The Cruzer G2 impresses with its impressive arrow speed of up to 315 fps. Its adjustable draw length, ranging from 12″ to 30″, and draw weight, which can be set anywhere from 5 to 70 lbs. Despite its maximum draw weight of 70 lbs, it remains remarkably easy to hold at full draw.

The let-off point reaches 70% with the unloading of the weight in the final draft phase. That is useful to keep the aim and seal fixed before leaving the arrow, making it an excellent choice for newcomers to the sport who are looking to develop their muscles and refine their shooting form over time.

Bear Archery Cruzer G2 bow was designed as a grow with youth bow but can be shot as an adult as well. It comes ready to hunt. The package includes six Trophy Ridge accessories: quiver, rest, sight, Stabilizer, Sling, peep, and loop. It’s insanely adjustable and durable as hell.

Everything is assembled in the box, attach the quiver and other additional ones. It takes maybe a minute. With a full sheet of instructions, all adjustments are marked on the cams. However, the sight pins are not set at the factory. You need to adjust them to your shooting distances. Also, the grip is a little narrow. Other than that you can’t go wrong with the Bear Archery Cruzer G2.

Check Price on Amazon

2. Southland Archery Supply Quad Limb Compound Bow

The Southland Archery Supply SAS-753B is also a top contender among the best compound bows under $500, earning its place in the rankings with a combination of exceptional qualities. It is well-balanced, quiet, and delivers very accurate shots. It is easily maneuverable even inside the single-person ground blind.

The draw length is 20-29″, and the draw weight is 25-55 lbs. You can easily adjust the length and draw weight yourself. To adjust the draw length, move the screws on the cams to a different hole. The velocity reaches up to 310 feet per second.

The adjustability of this bow is very consistent and gives you much confidence to hit the target. You can take down small to medium games without extra effort. However, this model is not recommended for advanced-level hunters.

The bow itself’s weight is 4 lbs, so you can use it for fishing. It is a little smaller than adult size and slightly larger than a youth compound bow but both can use it. Although the limbs are smaller than a typical men’s bow, they can adjust to accommodate a man.

The included accessories aren’t great but able to complete the application. However, you can upgrade the accessories to spend a little extra. Although the major parts are assembled, the instructions are pretty bad at showing how to assemble the accessories. You need to learn on the Internet how to put them on.

Check Price on Amazon

3. Leader Accessories Right Handed Compound Bow

When it comes to supplying good quality bows at a cheap price, Leader Accessories doesn’t disappoint. They are leaders in attached advanced technologies on the bows. However, this Black Camo model is an entry-level compound bow, designed for small game hunting. It could be a perfect choice for an adult looking to get into bow hunting or for a teenager looking to do the same.

The draw cycle is smooth and has a solid back wall. It is highly adjustable to meet the demands of nearly any shooter or hunter. However, it will be pretty much suitable if you add other accessories.

It shoots pretty fast; you will be able to dispatch any animal you plan to hunt. It has an efficient aiming system that you can adjust to adapt to your morphology and shooting style. The strings of this bow are of decent quality, which increases the velocity of the shot.

The extension is variable to extend from 25 to 31 inches. The projection speed of the boom can reach 310 fps. It comes ready to go. We can appreciate the lightness of this right-hand model. It is very quiet. However, it’s a little on the heavy side, especially with all the attachments. 

Leader Accessories hunting bow comes with fiber optic sight, drop away arrow rest, release aid, D string loop, peep sight, wax, and 2pcs of 30″ aluminum arrow. The aluminum alloy from which it is composed effectively dampens vibrations during the release stroke, ensuring a smooth arrow launch.

While the assembly process is straightforward, certain components may raise challenges for newcomers to attach at home. Also, it is designed for right-handed users, as left-hand models are currently unavailable.

Check Price on Amazon

4. PSE ARCHERY RTS MINIBURNER Compound Bow

This premier-grade compound bow under $500 caters to both beginners and experts alike. It offers exceptional performance, allowing you to aim accurately at impressive distances with speed and stealth. The careful design, from its small attachments to the limbs, demonstrates outstanding craftsmanship and attention to detail.

PSE Archery RTS bow is designed for both right and left-handed users. The riser is made of metal and the sight and rest are well made. It is light enough, so there is no trouble holding it up. It is equipped with several stabilizers that perfectly absorb the vibrations when you release an arrow.

The draw length and the poundage are easy to adjust without a bow press, even if you have never adjusted a bow before. This makes the adjustments very simple and takes a matter of seconds.

The cams and ropes are high quality. It is suitable for both hunting and precision shooting. The cams and ends can be adjusted down to a draw at 20 lbs and adjusted the position for up to 40 lbs.

The package comes with 5 arrow quivers, a 3-pin sight, peep sight, stabilizer, wrist strap, and 3 Beman arrows for 199. The length of the arrows is 28 inches, however, we always recommend 30-inch arrows. The max draw length on the Mini Burner is 26.5″.

Overall, the RTS could serve as an excellent starter bow for individuals aged 8 to 18 years old. However, adults can also make use of this bow, provided their draw length falls within this specified range.

• Read Next: Our Picks for the Best New Crossbows Under $500 of the Year

Check Price on Amazon

5. Diamond Archery Prism Compound bow

Diamond Archery bows have consistently earned acclaim for their extensive range of adjustments, and the Diamond Archery Prism is no exception. It’s rare to find such versatility in a compound bow within this price range, making it an exceptional value for your investment.

It is designed for a wide range of users and is perfect for a young aspiring archer. This precision weapon is as easy to tune and set up as mixing Coolaid, making it a straightforward and hassle-free process for archers of all skill levels.

Based on the Diamonds Edge series hunting bow, this model features extreme adaptability. The adjustments are done on the cams; you don’t need a bow press to make an adjustment. This unit can be set for low weight to higher weight as the beginners get stronger.

It is very compact. You can adjust the draw weight from 5  to 55 pounds. The rotating draw length modules are great and allow for 12 inches of draw length adjustment. You can adjust the draw length up to 30 inches. This is supposed to be an “entry-level” compound bow with a full level of performance.

However, the handle is too thin to get in the way of practitioners with large hands. The string is serviceable but is low quality. Also, the grip has a funky kind of palm swell that makes it hard to maintain the bow straight up and down. After all, the Diamond Archery Prism is a pretty good choice for less than 500.

Check Price on Amazon

6. Topoint Archery Compound Bow Package

Topoint Archery compound bow built with an aluminum handle to ensure lightness and robustness. The total length of the bow is 28 ‘inches, which makes it suitable for both men and women for hunting. It looks decent. And it is a complete bow package under 500 dollars.

The projection speed of the arrows can reach 320 fps. The power and the extension are fully adjustable. The extension can vary from 19 to 30 inches.

There are two settings: Draw and pull, and both are very easy to set up. You can simply change the draw length and draw weight. The component quality for long time use will satisfy you.

All the materials and components that come with it must be installed by yourself, but rest assured, the process is incredibly straightforward. However, certain adjustments, such as changing the peep sight to a circle, adding a kisser button, and leveling the rest and sight, may require the expertise of a bow technician.

Topoint Archery compound bow comes with several different-sized peep sights and 2 unique style arrow rests to choose from. Pin sights are standard and easy to install and adjust. It also comes with a bow stand. However, the package doesn’t include a case.

Check Price on Amazon

7. Leader Accessories Right Handed Bow Package

This right-handed compound bow from Leader Accessories boasts features typically found on more expensive models, making it an excellent choice for beginners under $500. Ideal for older kids and adults, this bow offers great performance straight out of the box with minimal setup required.

The quality and finishing of this bow are comparable to the best pulley arches on the market. Its durable aluminum cams ensure longevity, even with prolonged shooting sessions. With a string length of 52.25″ and a cable length of 32.75″, this bow offers versatility and adjustability. It can be tuned down to 50 lbs at the low end, allowing for increased accuracy and consistency.

This model is very simple to use. You can easily adjust the draw length and weight. It is very solid, not flashy. It shoots 310 fps with a 70 lbs draw weight. The adjustable extension is from 25 to 31 inches. Besides its excellent performance, we also appreciate the fact that it sold with so many accessories.

Leader Accessories compound bow built with fiber optic sight, drop away arrow rest, release aid, D string loop, peep sight, wax, and 2pcs of 30″ high-quality aluminum arrow. It comes with a 2-pin sight for the front. There is no peep sight installed, and you must install one yourself. However, the attachment mounting holes are industry standard.

Check Price on Amazon

8. iGlow Black Camo Archery Hunting Compound Bow

While iGlow may not be as widely recognized as other brands in the compound bow market, their Black Camo model stands out with its promise of innovative patented technologies at an affordable price point. Designed for both bowhunters and target shooters, this bow offers a range of features typically found in higher-end models without the hefty price tag.

This model is made by the same company that produces Leader Accessories bow and the SAS rage. The frame quality is comparable with the more expensive model, so you find the best compromise for an inexpensive bow. 

It is easy to shoot. The high accuracy of the target makes it a perfect choice for target shooting. It also has great flexibility. However, this model is now designed only for Right-Handed people.

The minimum draw length is 25 inches and goes up to 31″. The draw length can be adjusted with 2 modules with the key included with the bow. The lowest draw weight is 40 lbs and goes up to 70 lbs. The comfortable encapsulation makes it possible to hold a long extension, for increased precision.

IGlow compound bow doesn’t come with any useful accessories. You need to buy a peep sight, arrow rest, sights, stabilizer and wrist sling, d loop, mechanical release, and quiver with arrows. However, the package includes a cheap bow sight.

At 4.4 lbs weight, this model is a little bit heavy. The upside to it being heavy with a 31.5” axle to axle. However, it’s very steady and easy to hold on target. From my point of view, absolutely nothing wrong with this compound bow especially if you’re looking for a newly designed bow.

Check Price on Amazon

9. Southland Archery Supply Scorpii Compound Bow

If you are looking for an ultralight and extremely resistant compound bow to use in all weather, then the Southland Archery Supply Scorpii will be the best option for you. Its system guarantees a great tension force by deploying a minimum of physical effort.

SAS Scorpii compound bow is ideally designed for right-handers. It is made from aluminum alloy and has a refined structure that provides excellent grip. The strong point lies in its price being quite correct with regard to its services. It adapts to different practices such as hunting or other outdoor sport shooting.

It allows you to aim effortlessly with the option of reduction of effort. All this power is contained in this little wonder, 7 ½ inches high and weighing 3.3 lbs. It comes with a reel and one arrow. However, there is no finger saver on the string.

The highest arrow speed of 360 fps leaves them no chance to flee. Like the weights to be pulled, the draw length is adjustable according to the archer’s template.

For a secure grip, the SAS Scorpii compound bow comes with a stabilizer for the arms. It has a long range to shoot, which means this cutting-edge bow can flush out the game. For less than $500, this Combo Bow package could be a brilliant choice for hunting or fishing.

Check Price on Amazon

10. CREATIVE XP Bow Package for Adults & Teens

The CREATIVE XP bow package secures its place in our ranking as a solid choice for the best compound bow under $500, despite being listed in the last position. Its remarkable build quality ensures longevity, promising a lifetime of reliable performance. Despite its affordability, this package doesn’t compromise on features, including everything necessary for a high-quality compound bow experience.

This right-Handed Hunting Bow is 100% adjustable for adults, youth, and teens. It weighs only 3.3 pounds, with a length of 30 inches. All parts are very sturdy. You also like that the limbs are made by the biggest factory in the USA.

This bow has a lot of features that offer excellent properties. The draw weight is relatively large at 30 to 70 lbs, so it can hit very well long-distance targets. The arrow even reaches speeds of up to approx. 320 fps. You can reduce the tension on the suspension from 70 to 75%. It also has adjustable modules.

This model is simple to use. You don’t need arch presses, instead, adjustments are made using screws. The instructions are very clear and the adjustments are straightforward to accomplish. Included arrows are suitable for compound bow, recurve bow, longbow, and crossbow.

Check Price on Amazon

Buyer’s Guide

When engaging in disciplines such as target shooting or hunting that utilize compound bows, understanding the key characteristics and elements associated with these weapons is fundamental to selecting the most suitable option. Your choice will vary depending on the particular activity you partake in, necessitating different functionalities. Thus, before selecting the best compound bow under $500, consider the following factors:

Types of discipline

Archery, as a discipline, surrounds various pursuits, each requiring specific equipment tailored to its demands. Shooting for target accuracy as a hobby differs significantly from hunting, where targets are often moving and concealed within dense environments.

Compound bows designed for competitive archery tend to be larger than those intended for hunting. This size difference serves a practical purpose: the larger bow provides enhanced precision, allowing competitors to compensate for minor imperfections and achieve optimal accuracy on fixed targets.

Precision is crucial when aiming for the center of the target, making it a crucial criterion to consider when selecting a bow. It’s worth noting that some individuals utilize compound bows for fishing, necessitating both precision and rapid firing capabilities. In such cases, a larger bow is preferred to accommodate the requirements of this specialized form of archery.

Size and dimensions

Bow measurements vary from cam to cam, defining the two axes of the compound bow: from the end of one pulley to the other. These dimensions play a crucial role in the accuracy of each shot. Notably, the size of the bow significantly influences shot accuracy, with smaller bows typically yielding less precise results.

A compound bow measuring less than 32 inches is classified as a short bow, often favored by hunters for its maneuverability. Bows ranging from 32 to 38 inches are categorized as medium bows, offering a balance between size and versatility. Those exceeding 38 inches are referred to as long bows.

For long-distance shooting, larger compound bows are recommended due to their enhanced stability during the adjustment period for firing. In addition to precision considerations, bow dimensions should be selected following the archer’s size to ensure increased shooting comfort and optimal performance.

Material power

Unlike the extension (expressed in inches), the power is expressed in pounds, which is expressed as follows: The power is slightly adjustable on the bows, sold on the market. The higher the power, the more shooting comfort you have. It is therefore a very important factor in the choice of an archery commentary. It is to be determined according to the size of the archer.

A compound bow for a woman generally has a small size. Therefore, this bow isn’t the same as a bow design for man with a larger frame. For example, a woman from 65 to 75 kilos will take a compound bow from 30 to 40 lbs of draw weight, while a man over 90 kilos will take a bow from 65 to 75.

The extension

The extension on compound bows is fixed but can be adjusted in half-inch increments. To determine the appropriate extension for your compound bow, follow these steps:

• Spread your arms crosswise and measure the distance between the tips of your fingers.
• Convert this measurement from centimeters to inches by dividing the distance by 2.54.
• Once you have the measurement in inches, divide it by 2.5.

This final result will give you the extension that your compound bow should have, ensuring optimal comfort and performance during shooting.

The budget

A compound bow represents a certain investment, depending on the more or less sophisticated design of the device, materials of use, and also on the archery brand that offers it. You can find entry-level compound bow prices between 100-200 dollars. This price can then reach a very large amount, even a thousand dollars. However, if your budget is around 500 or more, you can find compound bows for any relevant activities.

The accessories

As we previously mentioned, the compound bow is a weapon. To improve your compound bow or archery experience, we recommend you equip yourself with some accessories. Choosing a good bow sight allows you to refine the aim according to the distance. It is ideal for nature shooting, hunting, or 3D targets. For hunting, you carry for use trail cameras, rangefinders, or hunting binoculars.

FAQs

How to change the string of a compound bow?

If the rope has worn out excessively to make a change, a professional’s advice or the use of a bow grip is a must. It is a support designed specifically for this type of bow, which keeps the bow firmly and proceeds in total safety to remove the old rope and replace it with a new one. Otherwise, it is not recommended to change the rope without this tool. Because the risk is to ruin the bow and get you hurt, given the tension to which the rope is subjected.

How do you adjust a compound bow?

The elements that can be modified in the compound bow are manifold. It can carry a static and dynamic type of tuning out. First, we recommend you check the general condition of the object, such as the wear of a rope, limbs, and cables. Second, it is necessary to adjust the booklet (when possible) and the extension.

The choice and selection of the arrows, as well as the data provided by the manufacturer, occupy the third part of these checks. It is necessary to check the cams that are used, especially in their starting position. If you are a beginner, the help of a serious professional hunter or a fellow archer is essential.

How to know the power of a bow?

The power of the bow is expressed in pounds, it is the force that the archer must exert when cocking the draw. The extension is the distance that is measured from the hollow of the notch to the exit of the window of the bow, it is often expressed in inches (1 ” = 2.54cm).

Who is a compound bow suitable for?

Everyone can use a compound bow. However, beginners should practice with easier compound bow models when they start. And for youth, there’s compound bow designed for youth people. Because archery requires good body tension and strong muscles. You can build this up better with other arches.

To begin with, it is not ideal to choose a high-end model. However, you can try to find a bow starting from 35 “ATA. For your longer, it is the classic view, it will differ depending on your release aid compound.

What does a good compound bow cost?

Here the price range is very large. Compound bows start at just under $100 and go up to $1500. As we previously mentioned, the price differences depend on the material of the bow, equipment, traction, etc. You often have to buy arrows separately. However, there are often sets with arrows and bows together.

What are the variations of the compound bow?

Every compound bow is constructed identically. The bow itself, two rolls (also called cams), and the tendon. Now you can vary exactly these 3 basics. There are different cams, tendons with extras, and the material of the bow. There are additional upgrades. For example a target sight, a silencer, stabilizers, etc. The more special your compound bow becomes, the more expensive it becomes.

What type of arrows should I use with my compound bow?

The type of arrows you use with your compound bow depends on factors such as your draw weight, arrow length, and intended use. It’s crucial to select arrows with the appropriate stiffness and weight to match your bow’s specifications. Carbon arrows are good due to their durability, consistency, and wide availability.

In Conclusion

Now armed with all the essential criteria, you’re equipped to find the best compound bow under $500 that suits your needs. If you still find yourself undecided after consulting our guide, consider conducting further research to identify the perfect bow for you. Remember, investing in a slightly pricier model can yield substantial value and long-term benefits.

For beginners in hunting, we’ve conducted comprehensive research on the best compound bows for beginners. Also, don’t forget to explore our latest guide on the best compound bows under $300, providing you with even more options to consider.