As a homeowner who values both security and affordability, I’ve explored countless options for affordable smart locks to secure my home without breaking the bank. Today, smart locks offer features like keyless entry, remote access, and integration with smart home systems—all at prices that won’t strain your wallet. In this article, I’ll share my findings about the 7 affordable smart locks options, their unique features, and why they’re worth considering.
What Makes a Smart Lock Affordable Yet Reliable?
When looking for an affordable smart lock, balancing price with features is crucial. A good budget lock should offer:
- Keyless entry options: No more fumbling for keys.
- Remote control capabilities: Manage your lock from your smartphone.
- Durable construction: Reliable security that stands the test of time.
- Integration with smart home systems: Compatibility with Alexa, Google Home, or Apple HomeKit.
Here’s a list of seven smart locks under $200 that provide all these features and more.
1. Wyze Lock: Best Overall Affordable Smart Lock ($79)

Budget-friendly smart locks
The Wyze Lock is my top pick for a reliable yet budget-friendly solution. Priced around $79, it offers premium features like:
- Keyless entry via a mobile app.
- Auto-unlock: Automatically unlocks as you approach.
- Smart integration: Works with Alexa and Google Assistant.
- DIY installation: Easy to install in under 15 minutes.
With its compact design and seamless performance, the Wyze Lock proves you don’t need to spend a fortune for advanced smart home security.
2. August Smart Lock (3rd Gen): Best for Renters ($149)
The August Smart Lock is perfect for renters who want security without replacing the entire lock system. Around just $149, it offers:
- Retrofitting capabilities: Keeps your existing deadbolt in place.
- App-based control: Lock and unlock remotely.
- Activity tracking: Get notifications when the door is locked or unlocked.
This lock has saved me countless trips back home to check if I locked the door. Its easy installation makes it renter-friendly and cost-effective.
3. Eufy Security Smart Lock Touch: Best Biometric Option ($199)
For those who want fingerprint access on a budget, the Eufy Security Smart Lock Touch is a great pick around $199. Key features include:
- Fingerprint recognition: Unlock your door in 0.3 seconds.
- Durable build: Weatherproof design for all climates.
- Long battery life: Up to 18 months of use on one charge.
- Four unlocking options: Fingerprint, app, keypad, or key.
I’ve used this lock during extreme weather conditions, and its performance has been stellar.
4. ULTRALOQ U-Bolt Pro: Most Versatile Lock ($189)
The ULTRALOQ U-Bolt Pro is an incredibly versatile smart lock priced at $189. Its standout features include:
- 6-in-1 entry options: Fingerprint, app, keypad, proximity unlock, manual key, and voice command.
- Auto-locking and unlocking: Adjusts to your schedule.
- Backup options: Comes with a backup mechanical key.
This lock is my go-to recommendation for families who need multiple access methods.
5. Lockly Secure Plus: Best for Advanced Keypad Features ($174)
The Lockly Secure Plus stands out for its advanced keypad design and is priced around $174. Key highlights include:
- Patented PIN Genie keypad: Randomized numbers prevent PIN theft.
- Biometric access: Fingerprint unlocking capability.
- Offline functionality: Doesn’t rely on constant Wi-Fi connectivity.
This lock’s unique keypad adds an extra layer of security, making it an excellent choice for budget-conscious homeowners.
6. Schlage Encode Smart Wi-Fi Deadbolt: Best Wi-Fi Lock ($231)
The Schlage Encode offers built-in Wi-Fi connectivity without needing a hub. At $231, it features:
- Remote access: Control your lock from anywhere via the app.
- Smart integrations: Works with Amazon Alexa and Google Assistant.
- Guest access codes: Create temporary codes for visitors.
I use this lock to grant access to house cleaners and delivery personnel, which is incredibly convenient.
7. Level Lock Bolt Edition: Best Invisible Lock ($174)
For those who prefer a minimalist design, the Level Lock Bolt Edition is discreet and costs $174. Features include:
- Hidden design: Fits inside your existing deadbolt.
- Keyless access: Use your smartphone to unlock.
- Durable construction: Built with stainless steel for reliability.
This lock offers security without compromising aesthetics, making it ideal for design-conscious homeowners.
How to Choose the Right Smart Lock for Your Budget
Before investing in a budget smart lock, consider these tips to ensure you’re making the best choice:
- Set a budget: Smart locks range from $100 to $200.
- Check compatibility: Ensure the lock works with your existing door hardware and smart home system.
- Prioritize features: Focus on the features you’ll use most, such as fingerprint access or app control.
- Read reviews: Look for feedback from other homeowners to gauge performance and reliability.
Why Affordable Smart Locks Are Worth the Investment
An affordable smart lock doesn’t just provide security—it also offers convenience and peace of mind. Here’s how:
- Keyless entry eliminates the risk of lost keys.
- Remote access lets you manage your home security from anywhere.
- Cost-effective solutions save money compared to high-end locks without sacrificing quality.
Conclusion
Finding the right affordable smart lock doesn’t mean compromising on quality or features. The options listed above combine cutting-edge technology with budget-friendly pricing, making them perfect for homeowners who want to enhance their smart home security without overspending.
Whether you’re looking for a lock with fingerprint access, Wi-Fi capabilities, or a minimalist design, there’s a solution for every need. Take the first step towards smarter home security today—your budget (and peace of mind) will thank you.