With a budget around $500, you'll find an impressive mix of advanced point and shoot cameras, along with entry-level interchangeable lens (DIL and DSLR) cameras. The feature lists for these sub-$500 cameras are very impressive, and you'll find some unique features in this price point.
You'll find a DSLR model (Canon Rebel XS), and a DIL model (Pentax Q, pictured here), as well as some other advanced cameras on the list of the best cameras for under $500.
Just click this link to read all about my recently updated list of the best cameras for under $500.
Photo courtesy Pentax