Smart door locks have quickly become one of the most popular home upgrades for security and convenience. If you’re tired of fumbling for keys or worrying about leaving your door unlocked, these tech-savvy solutions are here to save the day. But with so many options on the market, it can be tough to decide which one is right for your home. That’s why we’ve done the research for you! Here’s our list of the top smart door locks under $500, complete with the pros, cons, and ratings to help you make an informed choice.

1. August Wi-Fi Smart Lock

The August Wi-Fi Smart Lock is sleek, compact, and incredibly user-friendly. It fits right over your existing deadbolt, making installation a breeze. You can lock and unlock your door remotely using the app, and it’s compatible with Alexa, Google Assistant, and Apple HomeKit.

• Advantages: Easy installation, no need to replace your deadbolt, remote access.
• Disadvantages: Battery life could be better, slightly bulky design.
• Rating: 9/10
• Price: $229

2. Schlage Encode Smart Wi-Fi Deadbolt

If you’re looking for a smart lock with a built-in keypad, the Schlage Encode is a fantastic option. It connects directly to your Wi-Fi, eliminating the need for a separate hub. Plus, its sleek design and durable build make it a stylish and secure choice.

• Advantages: Built-in keypad, no hub required, durable and stylish.
• Disadvantages: Slightly larger than other models, Wi-Fi setup can be tricky.
• Rating: 8.5/10
• Price: $269.99

3. Wyze Lock

The Wyze Lock is perfect for budget-conscious homeowners who don’t want to compromise on features. It allows remote control, auto-locking, and voice assistant compatibility—all for a surprisingly low price.

• Advantages: Affordable, easy to use, auto-lock feature.
• Disadvantages: Requires the Wyze Gateway for full functionality, fewer advanced features compared to competitors.
• Rating: 8/10
• Price: $129.99 (requires $29.99 for the Wyze Gateway)

4. Yale Assure Lock SL with Z-Wave

This minimalist Yale Assure Lock SL with Z-Wave lock offers a sleek touchscreen keypad and Z-Wave compatibility, making it a great choice for smart home enthusiasts. It integrates seamlessly with Samsung SmartThings, Alexa, and Google Assistant, giving you full control of your home security.

• Advantages: Slim, modern design, keypad convenience, Z-Wave compatibility.
• Disadvantages: Requires a hub for remote access, touchpad can be finicky in cold weather.
• Rating: 8.5/10
• Price: $199.99

5. Ultraloq U-Bolt Pro

The Ultraloq U-Bolt Pro is a versatile smart lock that gives you multiple ways to unlock your door: fingerprint, app, keypad, or even a physical key. It’s great for households with diverse needs or multiple users.

• Advantages: Multiple unlocking methods, fingerprint access, secure and reliable.
• Disadvantages: Fingerprint sensor occasionally lags, bulkier than other models.
• Rating: 9/10
• Price: $189.99

6. Eufy Security Smart Lock Touch

For homeowners who value convenience, the Eufy Security Smart Lock Touch offers fingerprint recognition and one-touch locking. It also features built-in Wi-Fi for remote access without needing a separate hub.

• Advantages: Fingerprint unlocking, built-in Wi-Fi, weather-resistant.
• Disadvantages: Battery life could be better, installation can be tricky.
• Rating: 8.5/10
• Price: $299.99

Final Thoughts

Upgrading to a smart door lock under $500 doesn’t mean sacrificing quality or functionality. Whether you’re drawn to the ease of the August Wi-Fi Smart Lock or the versatility of the Ultraloq U-Bolt Pro, there’s an option on this list for everyone. The key is to choose one that fits your home, your lifestyle, and your security needs.

At Top Locksmith Inc. in Boston, MA, we specialize in installing and repairing the top smart door locks to ensure your home is both safe and stylish. If you’re ready to upgrade your home security, give us a call today!