The Best Compound Bow Under 500 Dollars For Precise Shooting

True hunters know the importance of the right bow and how it affects the game. Whether it’s for hunting purposes or a competition, compound bows have gained massive popularity over the years. This is because the technical and effective design of the bow makes it suitable for all types of uses. After conducting thorough research, our team has compiled a list of the top 10 products in search of the best compound bow under 500 dollars.

Factors to Consider When Choosing the Best Compound Bow Under 500 Dollars

  • Draw Weight

Even if you get an expensive bow, your shooting won’t be accurate if the draw weight isn’t right. The strength you would need to put into pulling back the bowstring is known as the draw weight of the box. Usually, adult males should have a bow with a draw weight of 45-75 lbs, while adult females should use a bow with 25-55 lbs draw weight.

The draw weight you should look for also depends on your height, weight, strength, and preferences.

  • Draw Length

This refers to how far the box lets you pull back the string before shooting. To pick the right draw length for you, you need to hold your arms straight at shoulder height. Then, get the distance from one fingertip to the other in inches and divide it by 2.5.

  • Let-off Setting

Some of the compound bows on the market have a draw weight that gets lower as the stroke ends. This feature makes aiming easy when you have the string pulled all the way.

If the let-off of the bow is low, then pressure at the end of the stroke is high, and vice versa.

  • Speed: Feet Per Second (FPS)

The speed of compound bows is measured in Feet Per Second. Bows that are faster give you more accurate and penetrating shots. However, the draw weight of fasters bows is higher.

  • Types of discipline

It is important to be aware of the specific discipline you will be pursuing in archery to adjust its accuracy. Shooting at a specific target requires a different kind of accuracy compared to shotting at moving targets in dense environments.

The compound bows designed for competitions are much larger as compared to those used for hunting.

  • Arc dimensions

As we discussed earlier, the accuracy of the compound bow can vary based on the size of the bow. Larger bows that are suitable for competitions have a wider dimension and thus are more accurate.

Furthermore, shorter arcs with smaller dimensions have lower accuracy. But what dimensions are considered as small? Well, any arc that has a dimension less than thirty-two inches is deemed as short.

As we discussed before, the compound bows for hunting are small and their dimensions can vary between thirty-two inches to thirty-eight inches. A bow with dimension up to thirty-eight inches is considered medium-sized. Anything above thirty-eight inches is considered as a long arc.

Long arches make for the best compound bow for target shooting.

Top 10 Best Compound Bow Under 500

NAME & FEATURES

RATINGS

PRICE ON AMAZON

CREATIVE XP Compound Bow
Top Pick
CREATIVE XP Compound Bow
PSE ARCHERY RTS
PSE ARCHERY RTS
Topoint Archery
Topoint Archery
Diamond Archery Compound Bow

Diamond Archery Compound Bow
Bear Archery Cruzer Lite Compound Bow

Bear Archery Cruzer Lite Compound Bow
Diamond Archery Youth Atomic Compound Bow Package
Diamond Archery Youth Atomic Compound Bow Package
Southland Compound bow Archery Supply

Southland Compound bow Archery Supply

iGlow Black Camo Archery Hunting Compound Bow 

iGlow Black Camo Archery Hunting Compound Bow 
Southland Archery
Southland Archery
Leader Accessories Right Handed Compound Bow
Leader Accessories Right Handed Compound Bow

1. CREATIVE XP Compound Bow – Best Compound Bow Under 500 Dollars

Best Compound Bow Under 500

Key features:

  • Brace length: 7.4 inches
  • Weight: 3.6 lbs.
  • Draw weight: 30-70 pounds
  • Draw length:  23.5-30.5 inches
  • Dexterity: right hand

The Creative XP offers all the features that a good compound bow should have. It has a large train, 30-70 lbs, that makes it easier to hit distant targets. This bow lets you make adjustments very easily. It is the best compound bow under 500 dollars available on the market.

In addition to this, this bow has a quality build and can last a lifetime. All the components of this bow are light-weight yet sturdy. Furthermore, this bow provides speed up to 320 fps and can easily be operated by right-handed users.

All in all, this bow is a great option that should be considered. However, some users faced occasional difficulty in adjusting the draw weight.

Pros
  • Price is affordable
  • High-quality build
  • Light-weight and compact
  • Some accessories are included
Cons
  • The riser isn’t included

2. PSE ARCHERY RTS – Best Starter Compound Bow

Best Compound Bow Under 500

Key features:

  • Color: Black
  • Weight: 3.2 Pounds
  • Draw weight: 15-70pounds
  • Draw length: 14-30 inches
  • Dexterity: right hand

The PSE Archery RTS is the best starter compound bow with a quality build and attractive design. The shots made by this bow are pretty smooth and quiet. The ropes and cams on this bow are also very high in quality.

In addition to this, the bow is light-weight which makes aiming more convenient. The draw length and weight can be adjusted very easily. The maximum draw length offered by this bow is 26.5 inches.

Overall, this is the best budget compound bow that has a sturdy and high-quality build and offers numerous features. However, some users believe that its draw speed isn’t as high as its competitors.

Pros
  • Well-balanced shots
  • Quiver and arrows are included
  • Light-weight and compact design
  • Affordable Price
Cons
  • Low draw speed

3. Topoint Archery – Best Beginner Hunting Bow

Key features:

  • Axle to Axle: 25 inches
  • Weight: 2.54 lbs.
  • Draw weight: 10-40 pounds
  • Draw length: 17 to 27 inches
  • Dexterity: right hand

The Topoint Archery Compound Bow is a one that is very aesthetically pleasing due to its aluminum handle. This best beginner hunting bow also has a light-weight and robust design, making it very convenient. Furthermore, it has an adjustable extension and power. 

In addition to that, the speed of its shot can go up to 320 fps. It has two settings to choose from: Draw and Pull. Both these settings are easy to set up. This bow comes with peep sights and arrow rests of different types and sizes.

Even though the instructions in the manual aren’t too clear, this bow is still one of the best budget-friendly compound bows in the market.

Pros
  • Good for beginner and advanced use
  • Portable and light-weight design
  • Set up is very easy
Cons
  • The instruction manual isn’t clear

4. Diamond Archery Compound Bow – Best Bow and Arrow

Best Compound Bow Under 500

Key features:

  • Axle to axle: 31 inches
  • Weight: 3. 4 lbs.
  • Draw weight: 10-70 pounds
  • Draw length: 15”-30”
  • Dexterity: both left and right hand

The Diamond Archery Compound bow is the best bow and arrow due to its impressive features. This bow has adjustable draw weight and length. It offers an unmatched range of adjustments. This means that it is a great option for all kinds of archers.

Furthermore, the bow has an adjustable length of up to 30 inches and the draw weight can be adjusted from 5 lbs to 55 lbs. All of this makes for a very comfortable and convenient shooting experience.

Overall, the great customization that this bow offers makes it one of the best bows. However, some users believe that the best compound bow under 500 should come with more accessories than it currently does.

Pros
  • Gives you a comfortable shooting experience
  • Adjustable length and draw weight
  • Easy to use
Cons
  • Not a lot of accessories included with the bow

5. Bear Archery Cruzer Lite Compound Bow– Best Bow To Buy

Key features:

  • Speed: 290 fps
  • Weight: 3. 2 pounds
  • Draw weight: 5-45 pounds
  • Draw length: 12”-27”
  • Dexterity: right hand

This is the kind of bow that gets old with young champions. A very apt choice for teen archers and hunters, the Bear Archery Cruzer Lite Compound Bow weighs only 3.2 pounds and hence is very convenient to store, carry around and hold.

Its draw length varies from 12” to 27” which means you can adjust the length according to your requirements. As far as the draw weight is concerned, it can be pulled very easily at 5 pounds and then increased to the serious weight of 45 pounds.

Its riser is manufactured from aluminum and is quite long-lasting. Furthermore, it comes with add-ons like a stabilizer and 5 Trophy ridge accessories. The manual instructions are quite clear and you don’t need to rush to a local archery expert to get it working. However, some customers feel like the draw weight could’ve been better. Nevertheless, this is the best bow to buy foryoung kids.

Pros
  • Easy to use
  • Easy to assemble
  • An excellent choice for young people
Cons
  • Draw weight could’ve been better

6. Diamond Archery Youth Atomic Compound Bow Package– Best Bow and Arrow For Beginners

Best Compound Bow Under 500

Key features:

  • Color: Black
  • Weight: 2.27 kg
  • Draw weight: 6-29 pounds
  • Draw length: 12”-24”
  • Dexterity: right hand

Next up on the list is the Diamond Archery Youth Atomic Compound Bow. As the name indicates, it is a bow for youth and is the best bow and arrow for beginners. Since the draw weight starts from 6 pounds, a kid as young as 4 years old can easily hit the bull’s eye with this bow in hand. The draw weight is 29 pounds on the maximum side.

With a draw length of 12 inches to 24 inches, the diamond atomic compound bow is the best companion of summer campers. This bow weighs only 2.27 kg which translates to its easy portability and handling by the young champions.

While it is an excellent choice for a children’s bow, it isn’t a bow for advanced archery and hunters.

Pros
  • Excellent bow for kids
  • Easy to handle
  • Lighter to carry around
Cons
  • Not suitable for adult archers and advanced learners

7. Southland Compound bow Archery Supply – Best Budget Compound Bow

Key features:

  • Compressed ABS Limbs
  • Weight: 4.4 lbs.
  • Draw weight: 25-55 pounds
  • Draw length: 20”-29”
  • Dexterity: right hand

The Southland Archery Supply is the best budget compound bow that has a draw length of 20-29 inches and a draw weight of 25-55 lbs. This compound bow has impressive power and speed that can go up to 310 fps.

In addition to that, the draw weight and length is adjustable by moving screws on the compound bows. This bow is considered the best bow for beginners and intermediate users and gives a lot of comfort and confidence.

All in all, this is a very budget-friendly compound bow that provides numerous features. However, some users have experienced that the screws come off loose occasionally.\

Pros
  • Good entry-level bow
  • Light-weight and quality built
  • Shooting fast and powerful
Cons
  • The case isn’t included

8. iGlow Black Camo Archery Hunting Compound Bow – Best Compound Bow For Beginners

Key features:

  • Aluminum Riser
  • Weight: 4.1 lbs.
  • Draw weight: 15-70 pounds
  • Draw length: 19”-31”
  • Dexterity: right hand

iGlow Black Camo Archery compound bow is one that is the best compound bow for beginners, intermediate and advanced users. This bow is easy to aim and steady because of its 31.5-inch axle to axle. This bow is also budget-friendly.

Furthermore, it has a quality build and is very easy to use for right-handed archers. The draw length is adjustable and goes from 25 inches to 31 inches. The draw weight can also be adjusted from 40 lbs to 70 lbs.

Overall, this bow is a good option if you are looking for an affordable compound bow. However, it doesn’t come with a lot of accessories and one has a two-pin sight included.

Pros
  • Accurate shooting
  • Easy to aim
  • Shots are very smooth
  • Price is affordable
Cons
  • Only for right-handed users
  • Doesn’t come with accessories

9. Southland Archery – Best Hunting Bow of All Time

Best Compound Bow Under 500

Key features:

  • Axle to Axle: 28 inches
  • Weight: 4.4 lbs.
  • Draw weight: 55-70 pounds
  • Draw length: 26 – 30 inches
  • Dexterity: right hand

The Southland Archery compound bow is light-weight and the best hunting bow of all time that offers a variety of features. You can easily adjust the draw length and weight according to your preferences. This bow for right-handed users offers excellent comfort and grip.

In addition to this, this compound can be used for different kinds of shooting like hunting or outdoor sports. It also lets you aim conveniently, and makes very powerful shots. The speed offered by this bow can go up to 360 fps.

All in all, this is a great option for right-handed archers. However, some users faced issues with the peep sight and seat coming off loose sometimes.

Pros
  • A Fiberglass arrow is included
  • Easy and simple to set up
  • Shots are smooth and quiet
Cons
  • The seat comes off loose

10. Leader Accessories Right Handed Compound Bow – Best Compound Bow For Target Shooting

Key features:

  • Weight: 3.3 lbs
  • Hand Orientation: Right
  • Draw Weight: 30 – 55 lbs
  • Draw Length: 19 inches to  29 inches
  • Speed: 296 fps

The Leader Accessories Compound Bow gives you greater value for money due to its simple and solid build. This bow doesn’t need a lot of setting up and is very easy to use. It is also very easy to adjust the draw length and weight on this compound bow.

The minimum draw weight of this bow is 50 lbs. This bow is designed in a way that lets you attach any accessory you want to it. The draw length can be adjusted and can go from 25 inches to 31 inches which makes it the best compound bow for target shooting.

Overall, this bow is a budget-friendly option that is worth considering. However, you will have to buy arrows and other accessories separately since they don’t come with the bow.

Pros
  • Makes smooth and quiet shots
  • Light-weight design
  • Simple and solid build
  • Affordable price
Cons
  • The case isn’t included
  • Arrows have to be bought separately

Conclusions:

After going through this list of the best compound bow under 500 dollars, you have all the information you need to choose a bow. Picking a bow that would suit you the best would depend on your needs and preferences. In addition to that, your style of shooting is also an important factor to consider while getting a compound bow. 

FAQs:

what is the best compound bow?

CREATIVE XP Compound Bow is the best compound bow that has a draw length that is 23.5-30.5 inches and a draw weight that is 30-70 lbs.

who makes the best compound bow?

According to our research, manufacturers Southland Archery Supply make the best compound bow.

How to change the string of a compound bow?

If your rope is completely worn out, then you would need to replace it by using a bow grip. This device would help you keep your bow steady so you can safely remove the old string and put in a new one. We wouldn’t recommend changing the rope without a bow grip.

How does a compound bow work?

A compound bow works on the same technology as the traditional bow. The only difference is that the compound bows have cams, or pulley that helps the archers.

How do you adjust a compound bow?

There are several elements that can be adjusted in a compound bow. You can adjust its draw length and draw weight through screws present on the box. Also, the booklet and the extension of the bow can be adjusted.

What does a compound bow cost?

A compound bow can cost you anywhere from $100 up to $1500. This wide range of prices is due to the material used in the bow, its traction, accessories included, etc.