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.

Things to Consider

  • Energy efficiency: Most people purchase a low-priced refrigerator with the least energy efficiency because they don’t know that it is useless to get the economical product with the least energy efficiency. After all, the energy cost of the product will take out considerable dollars. Keeping this in mind, we have selected the products that can provide the maximum energy efficiency, and they will surely save electricity.
  • Instant cooling and freezing: It is the feature of the refrigerator that helps in the quick cooling and freezing. This feature is for the stored food and medicine that requires a low temperature for staying fresh. All our products have instant cooling and freezing quality.
  • Frost free: Frost-free refrigerators are those that have an inbuilt feature that stops ice buildup. Frost-free refrigerators keep the food fresh for a longer period, so you don’t need manual defrosting. All our products are frost-free.
  • Value for money: Remember that expensive does not always mean better. There are some budget friendly options here as well that perform well for their price range.
  • Besides these, our products have many enticing features. We will discuss the characteristics of all individual products in the following article. Without stretching it any longer, let’s see some good budget refrigerators.

Best Budget Refrigerators 2022

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

Budget RefrigeratorIcy RatingToday's Price
1. Summit FF948SS10/10
[Editor’s Choice]
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2. Galanz GLR10TRDEFR8.5/10
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3. Frigidaire EFR458/10
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4. GOFLAME 3.4 cu.8/10
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5. Midea MRC070S0AWW7.5/10
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6. RCA RFR7867/10
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7.hOmeLabs 7.6 cu. ft.7/10
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8. COSTWAY3.2 cu7/10
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9. Walsh WSR31TBK7/10
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1. Summit FF948SSSummit FF948SS 8.8 cu.ft. Frost-Free Refrigerator-Freezer In Slim 22 Width For Small Kitchens, Stainless Steel

  • 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.

100% frost and CFC freeCompressor 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

Galanz GLR10TRDEFR True Top Freezer Retro Refrigerator Frost Free, Dual Door Fridge, Adjustable Electrical Thermostat Control, Red, 10.0 Cu Ft

  • 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

Retro type refrigeratorNot 100% frost free
Produces low operating sound
Adjustable electrical thermostat
Premium glass shelves
High energy efficiency
LED lights in door racks

3. Frigidaire EFR45

Frigidaire EFR451 2 Door Refrigerator Freezer, 4.6 cu ft, Platinum Series, Stainless Steel, Double

  • 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

Stainless steel buildNo 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.

GOFLAME Compact Refrigerator, 3.4 cu. ft. Mini Cooler Fridge with Removable Glass Shelves, Adjustable Thermostat, Freestanding Fridge with Top Door Freezer for Dorm, Office, Apartment Use

  • 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.

Energy efficientUneasy handles
Top-notch compressorNot 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

Midea MRC070S0AWW Chest Freezer, 7.0 Cubic Feet, White

  • 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.

Wider holding capacityNot 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

RCA RFR786-BLUE 2 Door Apartment Size Refrigerator with Freezer, 7.5 cu. ft, Retro Blue

  • 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.

Elegant designA 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]

hOmeLabs 7.6 cu. ft. Refrigerator with Freezer - Energy Star Certified, Stainless Steel, Adjustable Glass Shelves - Ideal for Home, Office, Dorms and Apartments

  • 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

Stainless steel bodynone
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

COSTWAY Compact Refrigerator, 3.2 cu ft. Unit 2-Door Mini Freezer Cooler Fridge with Reversible Door, Removable Glass Shelves, Mechanical Control, Recessed Handle for Dorm, Office, Apartment (Grey)

  • 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

Robust compressorOperating noise
Efficient performanceNot frost free
Appropriate holding capacity
Modern door design
Highly energy efficient
Adjustable shelves

9. Walsh WSR31TBK 

Walsh WSR31TBK Compact Refrigerator, Dual Door Fridge, Adjustable Mechanical Thermostat with True Freezer, Reversible Doors, 3.1 Cu.Ft, Black

  • 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.

Has the leveling effectSlightly less energy efficient
It comes with the setter and handles
Elegant design
Reasonable price
Adjustable shelves

Buying Guide-Budget Fridge

best budget refrigerator buying guide

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.

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