Best Budget Studio Monitors in 2024

Finding the best studio monitors for your home setup can be challenging, especially if you’re on a tight budget.

To help you solve this problem, I selected some of the best budget studio monitors for bedroom producers and discussed the critical reasons for choosing them.

I’ve worked as a music producer and professional sound designer for roughly twenty years. During this time, I changed and upgraded my production setup multiple times and tested numerous studio monitors across different price ranges.

The article below features an up-to-date list of the best budget studio monitors, including my tried-and-tested favorites and those suggested by our readers in the comments section.

The best budget studio monitors in 2024

Whether you plan to work on music or audio post-production, always consider your workspace and the surrounding environment first. From there, finding a pair of monitors that best suits your purposes should be easy.

These are the best affordable studio monitors:

1. JBL 305P MKII
2. IK Multimedia iLoud MTM MKII
3. IK Multimedia iLoud Micro
4. PreSonus Eris E5 XT
5. Kali Audio LP-6 2nd Wave
6. M-Audio BX5
7. Yamaha HS5
8. KRK Rokit 5
9. Genelec 8020D (or 8010A)
10. Mackie MR824 and Mackie CR
11. ADAM Audio T7V
12. Alesis Elevate 5

I tried to keep the list short so you’re not overwhelmed with options. Now, let’s take a closer look at each listed monitor.

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JBL 305P MKII

A popular choice for home music production, the 305P MKII is a 5-inch two-way monitor that packs plenty of punch for its size.

Its decent bass response makes it great for electronic music, and the high frequencies are detailed enough to work with speech and vocal material.

The frequency response is flat, making the 305 MKIIs a good choice if you produce music in a smaller room. I also like the build quality, which is above what I expected for its relatively affordable price.

The 305P MKII is rear-ported, so remember to place it a fair distance from the wall. Also, use the Boundary EQ and HF Trim switches on the rear panel where necessary.

The projected stereo image is decent overall, which makes these monitors hard to beat for the price. The JBL 305P MKII is an excellent choice for an audio engineer on a budget.

If you’re looking for something from JBL Professional at a lower price point, check out the JBL One Series 104. It is an ultra-compact set of speakers with a comparatively low price tag.

More info: JBL 305P MKII

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IK Multimedia iLoud MTM MKII

The iLoud MTM MKII is the latest iteration of IK Multimedia’s studio monitor lineup. I’m a big fan of the smaller iLoud Micro monitors, but they aren’t a complete substitute for large studio monitors.

However, I was happy to find that the MTM MKII delivers an impressive, studio-worthy sound while maintaining some of the portability of the smaller pair.

While the MTM MKII won’t fit in a small backpack like their Micro counterpart, they are equally rugged and could withstand daily travel from one studio to another.

More importantly, the MTM MKII sounds impressive, regardless of their size. The speaker features a pair of 3.5″ woofers and a 1″ back-chamber loaded tweeter. The setup performs exceptionally well, even at higher volumes.

The sound is surprisingly transparent and crystal clear, but the real benefit is the ability to customize the sound to your room using ARC room correction. This makes the iLoud MTM MKII perfect for bedroom producers who don’t have access to acoustically-treated rooms.

More info: iLoud MTM MKII

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IK Multimedia iLoud Micro

If you’re looking for a portable monitoring solution, the iLoud Micro is a budget-friendly option that combines compact size and excellent sound quality. Moreover, it has detailed sound and is surprisingly analytical for studio monitors with a compact design.

You can watch my video review of the iLoud Micro below.

I didn’t like that the iLoud Micros don’t have a balanced XLR input. Even so, they are professional DSP monitors that are an excellent option for small spaces and situations where you aren’t using an external audio interface.

The interface on the back includes a mini-jack, RCA inputs, and Bluetooth connectivity. The latter makes this pair of budget studio monitors one of the best options for working with mobile devices.

​I use a variety of iPad apps to make music. Wirelessly connecting the tablet to a pair of compact studio monitors is a great option when traveling because that’s one less cable I need to pack.

IK Multimedia also included three switches for tuning the iLoud Micro to your room.

More info: IK Multimedia iLoud Micro

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PreSonus Eris E5 XT

The Eris E5 XT is a compact and affordable nearfield monitor equipped with a 5-inch driver and should be adequate for the average-sized study or small bedroom. Its simple front-ported, two-way bi-amplified design with plenty of corrective controls makes it a good choice for beginners.

The rear panel is equipped with balanced XLR and TRS inputs as well as unbalanced RCA. Meanwhile, the EQ features include 1 kHz midrange and 10 kHz high-frequency controls and a low-cut switch.

In addition, the “Acoustic Space” switch reduces all frequencies below 800 Hz to compensate for the boundary effect. This feature is essential for music producers who can’t invest in acoustic treatment.

I tested the Eris E5 XT in my friend’s home studio. These budget studio monitors from PreSonus are great for mixing hip-hop and electronic music, thanks to their tight bass response, which translates well to smaller speakers and headphones.

Also, the 1-inch silk dome tweeter reproduces plenty of detail in the high frequencies. The frequency response remains flat for the most part, making the Eris E5 XTs a good option for critical listening and mixing in a home studio.

More info: PreSonus Eris E5 XT

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Kali Audio LP-6 2nd Wave

If you’re unfamiliar with Kali Audio, that’s not surprising. The company hasn’t been around as long as other famous monitor brands.

However, Kali Audio has built an outstanding reputation as a manufacturer in a short period, and its products include some of the best budget studio monitors on the market.

The LP-6 2nd Wave is the most recent edition of Kali’s entry-level two-way nearfield monitor.

Its 6.5-inch driver ensures it produces enough energy for most standard rooms. The front-ported design makes it an excellent choice for mixing in a small room.

The rear panel offers eight position configurations and six additional EQ presets. You can fine-tune the speakers to ensure accurate sound reproduction and a flat frequency response customized for the room’s size.

More info: Kali Audio LP-6 2nd Wave

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M-Audio BX5

The M-Audio BX series has earned its reputation as an affordable, reliable, and compact two-way monitor solution. It has undergone several updates and redesigns to stay up-to-date with the latest industry standards.

M-Audio’s studio monitors are available in different sizes, but the 5-inch version is the best option for a home studio enthusiast. It is perfectly sized for home recording and mixing, with a larger woofer and more watts of power than smaller speakers.

The BX5 was my second pair of speakers, and I still think they are among the best monitor speakers you can get if you’re looking for an affordable option.

One standout feature of the new BX5 is its upgraded tweeter waveguide, which provides a wide sweet spot for optimal sound dispersion. This means that no matter where you are positioned in your studio, you’ll experience consistent and accurate audio.

​The BX5 also has a detailed low-end and high-power output for the price. Its response is reasonably flat unless you are mixing at higher volumes. Unfortunately, that is when most budget audio equipment loses balance, and the BX5 monitors are no exception.

I often used the volume control to reduce the loudness when mixing on my BX5s. If you don’t mind keeping the volume down when mixing, I still think the M-Audio BX5 is one of the best cheap studio monitors.

More info: M-Audio BX5

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Yamaha HS5

Known worldwide as the bedroom producer’s NS10, the Yamaha HS5 has been used by some of today’s top producers like Finneas O’Connell and many others.

From the design to the sound, it’s a plain and simple 5-inch near-field monitor that translates well on other playback systems. It also looks great and will make any home studio setup look more professional.

Although rear-ported, the HS5 is sonically very neutral and has two shelving filters to boost or attenuate frequencies, according to the room. The Room Control switch adjusts the frequency range below 500 Hz, while the High Trim switch can boost or cut frequencies beyond 2 kHz.

If you’re looking for budget studio monitors that look classy and sound good, the Yamaha HS is already a great choice.

But, if you’re a music producer who appreciates visual aesthetics, the signature white front panel design makes Yamahas the perfect option in its price range.

More info: Yamaha HS5

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KRK Rokit 5

I had the opportunity to test out the KRK Rokit 5 Studio Monitors in several recording rooms, and I must say they exceeded my expectations.

The build quality of these studio monitors is impressive. The black and yellow design gives them a professional appearance, while the robust construction ensures durability. The build quality is better compared to the KRK Classic series.

The front-facing bass port design enhances bass response and makes them suitable for placement in any studio setup. The compact size is an added advantage, especially for those with a limited working space.

The KRK Rokit 5 delivers exceptional sound quality. The bi-amped design ensures accurate frequency separation with separate amps for the woofer and tweeter.

These monitors provide a well-balanced sound with clear midrange, detailed highs, and tight lows. The sound is natural and accurate whether listening to music, mixing tracks, or mastering.

You can tailor the sound to suit your preferences or room acoustics with adjustable high-frequency and low-frequency controls on the rear panel. This flexibility allows efficient monitoring in different environments, making the KRK Rokit 5 suitable for professional studios and home setups.

The front-firing volume control and an LED power indicator on the front panel add to the overall excellent user experience. The rear panel also features balanced XLR inputs, balanced ¼-inch TRS, and unbalanced RCA inputs.

Although the KRK Rokit 5 delivers exceptional sound quality at lower volumes, it truly shines when pushed to higher volumes.

Surprisingly, the speakers perform without distortion or loss of clarity when playing loud. This quality makes them ideal for DJs and producers who enjoy cranking up the volume during intense music sessions.

More info: KRK Rokit 5

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Budget Studio Monitors – Reader Suggestions

We’re always happy to receive feedback from our readers. The BPB comments are often a source of valuable tips and insights from fellow bedroom producers.

Here are some additional budget studio monitors you should consider, as suggested in the BPB comments section.

• Genelec 8020D (or 8010A), suggested by Pisces;
• Mackie MR824 and Mackie CR, suggested by Simba Jahi;
• ADAM Audio T7V, suggested by Navi Retlav Studio;
• Alesis Elevate, suggested by Stephen Canter.

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How studio monitors translate to other systems

Choosing a monitor that translates well onto other systems – especially small laptop speakers and earbuds – is a key factor in this process.

It’s important to note that in most cases, a revealing set of monitors with good translation properties isn’t necessarily the most fun to work on – especially at first when your ears are still familiarizing themselves.

While translation is often the basis of using one studio monitor instead of another, a skilled engineer will understand the shortcomings of their speakers and their listening environment over time. For this reason, the cornerstone of monitor selection among professionals comes down to personal taste.

Room size and speaker positioning

Another vital component for monitoring accuracy is the room you’re working in. If your pair of studio monitors is too small, you might overcompensate by boosting the low frequencies too much when mixing.

Alternatively, a too large speaker may result in your tracks lacking a low-end punch. You should also be aware of sound phenomena like standing waves, where sound waves bounce walls, resulting in uneven frequency reproduction.

Your studio monitors should be on stands or decoupled from your desk with acoustic foam wedges and angled toward your most comfortable listening position. A minimum distance of 0.5 meters (roughly 1.6 feet) from the wall reduces reflectivity, mainly when dealing with rear-ported speakers.

I also prefer active over passive speakers, which don’t require a separate power source and amplifier.

Budget studio monitors – your feedback

Which studio monitors are you using? Are you looking to upgrade soon? Do you prefer using headphones?

We look forward to your thoughts and suggestions in the comments section below.

Parts of this article were contributed by Stefan Wyeth.