9 Best Budget Refrigerators of 2022 【Cheap but Quality】

 Struggling to find a good budget refrigerator? You’ll be surprised to know of the various options out there. 

Fridges and refrigerators are some of the most expensive yet important purchases that you make for your kitchen. And it is worth investing in a good refrigerator that keeps your food fresh for a longer period, but price and quality both matter while deciding what to  buy.

People think the more they spend, the better-quality fridge they will find. This mindset is correct to some extent, but it is not 100% correct, because you don’t need to burn your bank to buy a high-quality fridge. There are a lot of inexpensive refrigerators in the market that have all the modern features.

Finding and buying economical refrigerators is a bit tricky but not tough. And today, it will become an effortless job for all our readers. Today we are here with the list of low-priced refrigerators. We have a variety of refrigerators on our list. All our refrigerators have some unique features in common. Before sharing the products, we would like to address those features.

Best Budget Refrigerators 2022

Here are picks for the Top Budget Refrigerators you can buy.

Budget Refrigerator	Icy Rating	Today's Price
1. Summit FF948SS	10/10 [Editor’s Choice]	Check Price
2. Galanz GLR10TRDEFR	8.5/10	Check Price
3. Frigidaire EFR45	8/10	Check Price
4. GOFLAME 3.4 cu.	8/10	Check Price
5. Midea MRC070S0AWW	7.5/10	Check Price
6. RCA RFR786	7/10	Check Price
7.hOmeLabs 7.6 cu. ft.	7/10	Check Price
8. COSTWAY3.2 cu	7/10	Check Price
9. Walsh WSR31TBK	7/10	Check Price

1. Summit FF948SS

• Thin-line refrigerator ideal for small kitchens, but it has satisfactory space for storing the food items
• Trendy, high class, and adjustable glass shelves, the refrigerator comes with 3 shelves and one vegetable rack.
• Robust door racks for holding the long bottles and containers
• The refrigerator is 100% frost-free. It doesn’t require any manual maintenance for defrosting
• It is environmentally friendly and 100% CFC-free. It does not emit ozone damaging chemicals.
• The stainless steel refrigerator has platinum cabinets, overall the refrigerator is highly durable, and the structure is sturdy.
• It comes with a 1-year parts and 5 years compressor warranty.

Pros	Cons
✅100% frost and CFC free	❌Compressor isn't totally silent
✅Stainless steel body & platinum shelves
✅Instant cooling and freezing
✅Thin line refrigerator
✅Adjustable glass shelves
✅Interior light for better visibility
✅High energy efficiency

Don’t miss our list for the Best Large Refrigerator.

2. Galanz GLR10TRDEFR

• Frost-free feature of the freezer area will stop the buildup of ice and will keep the freezer clean
• Adjustable thermostat setting, you can change the temperature of the refrigerator as well as the fridge
• The retro refrigerator will add a vintage touch to your kitchen
• It comes in a bright red color that will certainly complement your kitchen
• Fully adjustable glass shelves with crystal crisper for holding the vegetables
• It has a bright interior lamp. The light will help to provide visibility in the dark
• It has a modern retro-type handle. They provide the excellent grip
• This average-size refrigerator can fit well in your house, office, kitchen, and dormitory.
• It has premium quality glass shelves that are super easy to maintain and adjust

Pros	Cons
✅Retro type refrigerator	❌Not 100% frost free
✅Produces low operating sound
✅Adjustable electrical thermostat
✅Premium glass shelves
✅High energy efficiency
✅LED lights in door racks

3. Frigidaire EFR45

• It is a durable and robust refrigerator with stainless steel body
• Has adjustable thermostat control. You can control the temperature of both the freezer and fridge easily
• There are five adjustable shelves. You can change their location to create your desired space
• Design or the shelves of the door is quite attractive it has separate racks
• Both the compartments have trendy door handles
• The self-leveling effect helps in balancing the refrigerator on the uneven surface.
• It is a frost-free refrigerator, and the option of manual defrost is also available.
• The user manual has all the comprehensive working information and details
• The refrigerator is highly energy efficient

Pros	Cons
✅Stainless steel build	❌No reversal handles
✅Adjustable thermostat
✅Modern rack door type
✅Easy handling and maintenance
✅Self-leveling function
✅Manual and automatic defrost
✅Highly energy efficiency

You’ll love our take on the Best Refrigerator with Ice Maker.

4. GOFLAME 3.4 cu.

• It is one of the best refrigerators on our list that delivers top-notch performance.
• The powerful compressor for providing the unbeatable performance
• It is a compact fridge with two compartments that has an excellent holding capacity
• The refrigerator has an adjustable thermostat setting. 7 different thermostat levels help in keeping the food fresh
• Inbuilt and invisible door handles that provide the strong grip
• Removable glass shelves with a crisper drawer that stores the vegetables
• It has self-leveling features. The adjustable legs help in balancing the fridge on an uneven surface.

Pros	Cons
✅Energy efficient	❌Uneasy handles
✅Top-notch compressor	❌Not for large families
✅7 different levels of the thermostat settings
✅Low operating noise
✅Compact fridge with a large holding capacity
✅Self-leveling function

You’ll also like our take on the Best Ice Maker Fridges.

5. Midea MRC070S0AWW

• Ideal refrigerator for storing food and other items for a longer period
• Midea D+ thermostat system provides efficient cooling
• Has the defrost drain that helps in cleaning and managing the fridge
• It has a built-in hinged door that closes itself when not used
• It has a compact size for storing consumer items, but it has an excellent holding capacity
• This chest freezer has a recessed handle that helps in opening the refrigerator without much force
• It has a wide temperature range with an adjustable thermostat setting.

Pros	Cons
✅Wider holding capacity	❌Not suitable for garages or basements
✅Hinged door with recessed handle
✅Midea D+ thermostat system
✅Has a defrost drain
✅Easy to handle and clean

6. RCA RFR786

• Modern technology fridge with an elegant design and stainless steel handles
• Has spill-proof glass shelves with spills that help in the cleaning.
• It has self-leveling features. The legs of the refrigerator have adjustable legs. These legs adjust themselves according to the floor to provide stability.
• Comes with a crisper bin and three shelves that help in storing food items.
• Is an apartment-sized refrigerator has a large space inside, it can hold a considerable amount of food items and other stuff.
• Its freezer part keeps things frozen, and there is an isolated fridge part for keeping the food fresh for the longest time.
• It has an inbuilt lamp to provide visibility during the nighttime.
• The freezer part provides instant cooling and freezing, but it is frost-free.

Pros	Cons
✅Elegant design	❌A bit small than the previous entries
✅Self-leveling feature
✅Wide storage space
✅Easy cleaning and maintenance
✅Various enticing colors to choose from
✅High energy efficiency
✅Efficient freezer and fridge section
✅Crisper bin included

7. hOmeLabs 7.6 cu. ft.

[Editor’s Choice]

• Full-size home refrigerator with stainless steel reversible door
• Leveling front feet for providing balance on the uneven surface
• Modern and sleek design with efficient performance
• Has an adjustable temperature, you can select any temperature between 32°F to 46.4°F.
• It has a powerful compressor that provides the instant cooling
• Low priced refrigerator with higher energy efficiency operates well at the lower voltage
• Produce a very low operating noise
• Has the magnetic seal that shuts the door automatically
• The refrigerator has a larger freezer and fridge capacity
• It comes with a solid warranty of two years

Pros	Cons
✅Stainless steel body	❌none
✅Has self-leveling feature
✅Powerful compressor
✅Has energy efficiency
✅Best value of money
✅Most spacious in its category
✅Rapid Cooling
✅Minimal electric consumption for a large fridge
✅Great after sale service

8. COSTWAY3.2 cu

• Best cheap fridge and freezer that’s compact with modern and elegant design
• Reliable product with quality performance and instant cooling and fast freezing
• The premium quality fridge has excellent quality glass shelves and the high-quality crisper rack
• Separate compartment for the freezer and fridge area
• Modern door design with different type of racks that provides the extra space for storing the drinks
• The compact fridge has wider shelves, the shelves and the crisper rack can hold a considerable amount of food

Pros	Cons
✅Robust compressor	❌Operating noise
✅Efficient performance	❌Not frost free
✅Appropriate holding capacity
✅Modern door design
✅Highly energy efficient
✅Adjustable shelves

9. Walsh WSR31TBK 

• Adjustable thermostat, with seven different temperature levels
• Wide temperature range, the temperature range for the refrigerator is 32℉ To 47℉, and for the freezer, the temperature is <=0℉.
• The front legs have a leveling effect.
• It has removable glass shelves. Removable shelves assist in easy cleaning and management.
• Elegant design refrigerator with a decent black color to give a classy look to your refrigerator
• Crisper bin for keeping the vegetables and fruits fresh for a longer period
• The refrigerator is ideal for keeping in houses, kitchens, offices, and garages.

Pros	Cons
✅Has the leveling effect	❌Slightly less energy efficient
✅It comes with the setter and handles
✅Elegant design
✅Reasonable price
✅Adjustable shelves

Buying Guide-Budget Fridge

Choosing the best budget refrigerator could be tricky because all the economical products do not have modern features. But I think it would not be difficult for all readers because we have assembled this list after a lot of research. We have tried to put the refrigerator from all the categories in the list so everyone can find their ideal product through us.

After the purchase, the management of the refrigerator is crucial, several people bought economical fridges, but don’t manage them properly, so they have to pay extra dollars sooner or later for repair, so make sure to maintain the right temperature in the refrigerator, clean it daily and keep it away from the heat source. And don’t forget to read the reader’s manual, for getting the best management information.

Important Stuff to Consider

Which is the best budget refrigerator?

All the refrigerators on our list are economical. Summit FF948SS is the best budget refrigerator under $1000, RCA RFR786 is the best budget refrigerator under $700, and overall, Costway is one of the most economical and quality refrigerators on our list.

Which is better: a single or double door fridge?

If you want to keep things economical. A single-door fridge is the best choice for you because they consume less energy as compared to a double-door fridge, and overall they provide good performance and efficiency. Double door or french door refrigerators delivers several modern features and large holding capacity, but they are costly

What should I look for when buying a refrigerator?

Before buying the refrigerator, compare its cost and performance and choose the most cost-effective refrigerator. Then look for the space, ease of use, energy efficiency, compressor quality, and design.

What is the benefit of a double-door fridge?

Double door fridges are also called side-by-side fridges. These fridges are super elegant, and they have several advanced features. The main benefit of a double-door fridge is its larger holding capacity.