5G is still a relatively new technology but we're already seeing more affordable smartphones that support these new super-fast data speeds.
When 5G phones first started hitting the market they arrived as special iterations of existing devices (like the OnePlus 7 Pro 5G, the Samsung Galaxy S10 5G and the Oppo Reno 5G) and were priced highly because of this.
This was partly down to the fact that these were the first phones to support a new feature in 5G, which from a manufacturing standpoint came with added costs in research and development, as well as tooling, not to mention the price premium marketers could slap on a phone just by its nature of being among the first to offer 5G support.
Thankfully, the cost of implementing 5G technology is rapidly dropping and we're seeing a growing number of handsets that don't command a flagship price for what is still considered a flagship feature.
If nothing here grabs your fancy and you decide 5G isn't an essential feature right now then it's also worth checking out our 'Best mid-range phone' and 'Best budget phone' rundowns. They're filled with offerings that are still considerably cheaper than the flagships that currently make headlines, and yet all still deliver a great experience for £500 or less.
Best cheap 5G phones
1. OnePlus Nord - Best overall
An outstanding affordable buy from 2020, with great performance, 5G, OnePlus' signature Oxygen OS user experience and a more diverse camera setup than the company has ever used on a phone. What's not to love?
What the OnePlus Nord really demonstrates is the company's ability to prioritise the features that users are looking for right now and wrapping them up in an attractive package with a compelling price point.
Read our full OnePlus Nord review
2. Realme X50 - Great all-rounder
The standard Realme X50 does the same thing for the mid-range market as the Pro model does in the flagship space.
A 120Hz display, the excellent Snapdragon 765G chip, 5G, superb battery life and a surprisingly-capable main camera collectively render the X50 a far better phone than anything you'd expect at this price.
Read our full Realme X50 5G review
3. OnePlus 8T - A true flaghip
Bigger numbers in all things except price render the OnePlus 8T a great buy.
It's cheaper than the OnePlus 8's original RRP and yet sports a smoother 120Hz refresh rate display and is the first of the company's phone's to integrate blisteringly-fast 65W fast charging.
It's also one of the first phones outside of Google's own Pixel 5 to boast the latest and greatest Android 11; in this instance, covered by OnePlus' OxygenOS 11 user experience on top.
Read our full OnePlus 8T review
4. Realme X50 Pro - Best value
Realme's first 5G flagship (and second-ever flagship phone) is an impressively affordable device that doesn't skimp on high-end specs and features.
The Realme X50 Pro forgoes aspects like IP water resistance and a thin body but in return sports the powerful Snapdragon 865 chipset, up to 12GB of RAM, fast UFS 3.0 storage and blisteringly-fast 65W 'SuperDart' fast charging, which delivers 60% charge in just 15 minutes and a full charge in only 35.
Best of all, considering its original RRP, the X50 Pro cost nearly half that of most top-tier Android flagships on the market in 2020 and it's only getting cheaper.
Read our full Realme X50 Pro review
5. Realme 7 5G - Great performance
Don't mistake the Realme 7 5G as a repeat of the standard model with a 5G modem tacked on. While it shares a near-identical camera setup, practically everything else - from the processor to the display - has been overhauled.
A 120Hz LCD, a huge 5000mAh battery with 30W 'Dash Charge' fast charging and the first phone to boast MediaTek's Dimensity 800U chipset, make this an impressively-powerful and yet affordable device.
At launch, it boasted the title of "Europe's most affordable 5G phone" too (a title which has since gone to the budget Xiaomi Redmi Note 9T).
Read our full Realme 7 5G review
6. Nubia Red Magic 5G - Best for gaming
The Red Magic 5G is undeniably one of the best gaming phones on the market. Its 144Hz display and stereo speakers are among the best in their class, while the camera enjoys a notable upgrade over the Red Magic 3S.
The phone is targeted squarely at mobile gamers and as such, some aspects are less well-suited to mainstream users. These include its imposing industrial design and some unimpressive software tweaks - the frustrating in-display fingerprint scanner chief among them.
All things considered, however, the Red Magic 5G offers everything budding gamers are looking for, not to mention 5G speeds, at a price that make it hard to resist.
Read our full Nubia Red Magic 5G review
7. Nokia 8.3 5G - Best design
Despite a delayed release, the Nokia 8.3 5G proves to have been worth the wait, with superior 5G band support than any other phone so far, along with a flair for videography - all at a competitive price.
HMD Global's clean take on Android, along with multiple years of software and security updates make the Nokia 8.3 a great mid-range 5G proposition.
Read our full Nokia 8.3 5G review
8. Black Shark 3 - Great for gaming
The Black Shark 3 hardly reinvents the wheel when it comes to gaming phones, but there are some useful upgrades here.
Of course, a Snapdragon 865 processor and 8GB or 12GB RAM ensure performance is truly excellent, while some thoughtful touches in Shark Space should make it a hit with gamers. Other highlights include some significant camera improvements and staggeringly fast charging speeds.
Our main gripe is with its accessory ecosystem, with a bulky fan and expensive gaming pad adding little to the experience. The magnetic charging cable is a great idea, though.
It certainly isn’t what most people have in mind when considering a new smartphone, but Xiaomi has plenty of phones that cater to mainstream tastes. With the Black Shark 3, it hopes gaming fanatics will buy into its vision for the future of mobile gaming.
Read our full Black Shark 3 review
9. Xiaomi Redmi Note 9T - Most affordable
An incredible budget performer, the Redmi Note 9T packs in premium features and doesn't skimp out on performance either, considering its low price.
Its design is a little lacklustre and you're going to have to settle for 60Hz visuals but beyond that, there's plenty on offer for the money.
Read our full Xiaomi Redmi Note 9T review
10. Motorola Edge - Beautiful display
Though it looks just like the flagship Edge Plus, the Motorola Edge is a more budget-friendly offering. It features the same 6.7in 'Endless Edge' OLED display, giving the phone a high-end look, although the palm rejection tech isn't the best we've seen.
That comes backed up by a large 4500mAh battery, that has the potential to comfortably last up to two days on a single charge.
There's a downgrade in terms of the trio of rear cameras, which do a decent job but don't offer what you'd consider industry-leading mobile photography chops.
All in all, it might not be perfect, but it's still a stunningly good looking, wallet-friendly 5G smartphone.
Read our full Motorola Edge review
If you want to know about the benefits of 5G support in a phone and what you need to make sure you get the most out of a 5G phone, check out our 'What is 5G?' guide and our Best 5G phone roundup for more details.