While we believe in the staying power of investment pieces, spending thousands of dollars on a luxury handbag is not always an option. Yes, expensive luxury handbags offer some serious perks, but the financial burden is not always feasible. There is a rising category of under-$500 handbags that look expensive for less, and we've handpicked some gorgeous finds.
If you're in the market for a new handbag that doesn’t break the bank but oozes luxury and sophistication, you've come to the right place. We editors at WWW take these recommendations very seriously, so you know you're getting the best curation. As a shopping expert, I can confirm that some of the best options that stand the test of time are from brands like Coach, Staud, Osoi, Marge Sherwood, COS, Brandon Blackwood, and others.
Some classic characteristics of luxe bags include gorgeous leather and suede, versatile silhouettes, and mostly neutral tones—all of which you'll find in my list. There are a few trendier picks thrown in there as well. Keep scrolling to uncover the chicest under-$500 bags that look way more expensive than they are.
The unique oblong shape and cactus leather fabrication make this handbag special.
All the cool fashion people have hopped on the Freja train at some point.
The Caroline Bag is another great option from the brand.
Marge Sherwood bags have been having a moment in 2025.
I'm a big fan of the contrast stitching.
Yes, this shoulder bag silhouette is so cool.
You can't go wrong with this best-selling style.
Top handles always make handbags look so elegant.
This two-tone green leather handbag is interesting and looks like it costs at least $2000.
The belt detail is everything.
Another belt bag style for your consideration.
I love the handle on this bag.
Such a cool silhouette.
All the color ways of this bag will make a great addition to your next vacation.
Love this smaller basket bag.
The soft curved lines are pleasing to the eye.
Such a classic shape in a sophisticated colorway.
This Coach bag has all the fashion people in a frenzy.
This is your sign to get that Brooklyn Bag.
Gray is such an underrated color.
This patchwork Coachtopia handbag is giving Miu Miu in the best way.
COS bags always look so elevated.
Further proof of COS's superiority.
In Luar we trust.
The double-loop design is so chic.
This French brand has been trending for years, and for good reason.
So pretty.
I'm loving the navy colorway.
While metallic bags can easily look cheap, this one has the opposite effect.
A solid shoulder bag you that'll go with everything.
A little pop of red never hurt anyone.
The bow is so on brand.
This newer Brandon Blackwood bag is absolutely giving luxury.
-
"Thanks, It's COS," Said Every NYC Fashion Person—29 Black Friday Deals I'm Shopping to Look ChicScore 25% off sitewide.
-
Every Major Handbag Trend Fashion People Will Be Wearing Come Spring 2026From slightly askew purses to single strap silhouettes.
-
Kris Jenner's Bag Color Is Trendier Than Navy and Black, But More Timeless Than Butter Yellow and Matcha GreenChic.
-
Trust Me—Fashion People From L.A. to NYC Will Be Asking Where You Found TheseReplica Store Designer Sale PiecesScore deep discounts on top-tier items.
-
I'm Betting On It: 5 Designer Items Celebs Will Wear This Holiday SeasonPredictions so good, one of them already came true.
-
Sophisticated Women in Paris, New York, and London Will Be Wearing These Luxury Items All Holiday SeasonBeads! Velvet! Satin!
-
I'm Bored With My Closet—These 27 Chic Zara, J.Crew, and COS Finds Have the Power to Turn Things AroundEffortless and rich-looking is the vibe.
-
You Want a Chic Handbag for Under $500? Say Less—I Love These 35 StylesTo gift or keep for yourself? The choice is yours.
