These are the best micro four thirds cameras under $500, chosen for their ability to deliver impressive image quality, portability, and versatility at an accessible price point. Micro four thirds systems are celebrated for their compact size and wide lens availability, making them a popular choice for photographers who want to step into interchangeable lens cameras without breaking the bank. With bodies that are lighter than most APS-C or full-frame competitors, these cameras are ideal for travel, street photography, and everyday creativity while still offering advanced features that make them powerful learning tools for beginners and reliable companions for enthusiasts on a budget. The Olympus OM-D E-M10 Mark III stands out as a prime option in this range, with a 16MP sensor, 5-axis in-body stabilization, and 4K video recording. Its intuitive controls and compact form factor make it easy for beginners to use while offering enough manual control for more advanced shooters. The Panasonic Lumix GX85 is another standout, equipped with a 16MP sensor with no low-pass filter for enhanced sharpness, 4K video capabilities, and fast burst shooting up to 10fps. Its dual image stabilization system is especially useful for handheld photography and video, ensuring clear shots in a variety of lighting conditions. For those who want ultra-compact portability, the Panasonic Lumix GF2 remains a budget-friendly option, offering a touchscreen interface, HD video recording, and a lightweight design perfect for casual shooting and travel. What makes these cameras so appealing under $500 is their balance of quality and value. They provide access to the extensive micro four thirds lens ecosystem, which includes everything from fast primes for portraits to ultra-wide options for landscapes—all compact and affordable compared to larger sensor systems. Features like in-body stabilization, tilting touchscreens, and 4K video capability make them highly versatile for both stills and video, while their smaller size encourages spontaneous shooting without the burden of heavy gear. For photographers seeking an even greater bargain, the used market often includes professional-grade options like the Olympus OM-D E-M1 Mark II, which can sometimes be found around $500 and offers weather sealing, advanced autofocus, and excellent burst rates. Whether you’re looking to start your photography journey, capture travel adventures, or experiment with both stills and video, the best micro four thirds cameras under $500 provide the perfect combination of portability, affordability, and creative flexibility—proving that great photography doesn’t require a huge budget.