Best Toaster Oven Under $50 of 2022: Reviewed and Rated is reader-supported. When you buy through the links on our site, we may earn a small commission. Read more

There is unquestionably no reason you shouldn’t get a toaster oven, given its wide range of applications. 

A toaster oven is an option if you want to bake anything, broil something, toast some bread, or even create some pizza.

However, the cost of a toaster oven does not have to be high. In this post, we will provide you with the best toaster oven under $50, offering excellent value to you. Let’s get into it!

Top Listing

[Top 8] Best Toaster Oven Under $50 Reviews & Rating

We have examined some of the top cheap toaster ovens on the market to assist you in making your decision. Here are the pros and cons of each model.

1. Hamilton Beach Air Fryer Countertop 31523

Hamilton Beach Air Fryer Countertop Toaster Oven with Large Capacity, Fits 6 Slices or 12” Pizza, 4 Cooking Functions for Convection, Bake, Broil, Easy Reach Roll-Top Door, Stainless Steel (31523)

 out of stock
as of November 29, 2022 1:23 pm


  • SURE-CRISP AIR FRY FUNCTION EVENLY COOKS AND BROWNS FOODS FOR A CRISP FINISH: Sure-Crisp convection evenly cooks foods and browns foods with little or no oil, making this air fryer toaster oven ideal for fries, chicken wings, vegetables, and more.
  • EASY REACH OVEN DOOR PROVIDES EASY ACCESS TO FOODS AND COUNTERTOP: The specially designed glass door on the toaster oven air fryer combo makes it easier to add and remove foods from the oven. It's also easy to check foods as they're cooking.
  • PLENTY OF COOKING SPACE AND 2 RACK POSITIONS: This toaster oven has plenty of room for 6 slices of toast, a 12" pizza, or a 9" x 11" baking pan. It has 2 rack positions to accommodate a variety of foods.
  • COOK YOUR WAY WITH 4 COOKING FUNCTIONS AND 1400 WATTS OF POWER: Toast, air fry, bake or broil in this versatile toaster oven. It has 1400 watts of cooking power.
  • COMBINES THE BEST FEATURES OF AN AIR FRYER AND EASY REACH TOASTER OVEN: This air fryer* oven gives you the convenience of the Hamilton Beach Easy Reach Toaster Oven, combined with the functionality of our Sure-Crisp Air Fryer.


  • Auto shut-off
  • 30-minute timer
  • Ready bell
  • Slide-out crumb tray
  • Plenty of cooking space


  • Not an air fryer

2. BLACK+DECKER 4-Slice Convection Oven TO1313SBD

BLACK+DECKER 4-Slice Convection Oven, Stainless Steel, Curved Interior fits a 9 inch Pizza, TO1313SBD

 in stock
1 used from $27.99
Free shipping
as of November 29, 2022 1:23 pm


  • EvenToast Technology - The toaster oven interior is specially designed for even toasting of up to 4 slices of bread at a time.
  • 9” Pizza, 4 Slices of Bread - The compact toaster oven fits nicely on the countertop, while the curved interior makes room for 9” pizzas and 4 slices of bread.
  • Four Functions - The stainless steel toaster oven’s cooking functions include: baking, broiling, toasting, and keeping food warm.
  • 30-Minute Timer - The timer includes precise toast settings and stay-on functionality.
  • Removable Crumb Tray - Keep the toaster oven clean with the convenient removable crumb tray.


  • Stainless steel exterior
  • Stay-on setting
  • Broil rack and bake pan included
  • Dishwasher-safe removable plates


  • Have only a single burner

3. Elite Gourmet ETO236 Personal 2 Slice

Elite Gourmet ETO236 Personal 2 Slice Countertop Toaster Oven with 15 Minute Timer Includes Pan and Wire Rack, Bake, Broil, Toast, Black

 in stock
2 new from $34.99
10 used from $21.67
Free shipping
as of November 29, 2022 1:23 pm


  • COMPACT & SPACE SAVING: Versatile compact design fits nicely in small spaces when counter space is limited.
  • ADJUSTABLE TIMER: The 15 min timer is perfect for toasting and warming up food for a quick and easy snack or breakfast.
  • ADJUSTABLE TEMPERATURE CONTROLS: Adjust your oven controls between 200F-450F degrees for toasting, warming or baking.
  • 650 WATTS OF POWER: Built-in temperature thermostat maintains even cooking heat to keep food warm, bake or toast.
  • ACCESSORIES INCLUDED - Includes a non-stick back pan and wire rack that easily slides in and out of the rack position to suit a variety of foods.


  • Compact design
  • Toasts adequately
  • Simple controls
  • Good settings of temperatures


  • Hard to clean

4. Oster Compact Countertop Oven With Air Fryer

Oster Compact Countertop Oven With Air Fryer, Stainless Steel

 out of stock
as of November 29, 2022 1:23 pm


  • 4 APPLIANCES IN ONE: This versatile Oster Air Fryer oven combines a convection oven, an air fryer, a toaster, and a broiler, giving you plenty of ways to make easy and delicious meals and snacks, and saving you valuable counterspace
  • MAKE FRIED FAVORITES HEALTHIER: Make all of your favorite fried dishes with 99.5% less oil*, and turn vegetables into healthy, delicious, crunchy snacks Compared to 3.7L deep fryers
  • ALL THE FEATURES OF A COUNTERTOP OVEN, AND MORE: Independent dial controls for temperature, cook functions, and timer settings; 5 settings include air fry, bake, adjustable broil, toast, and warm, plus Turbo Convection Technology to cook food faster and brown more evenly compared to conventional ovens
  • HEAT PIZZA OR TOAST BREAD: Fits a 9'' pizza or up to 4 slices of bread
  • MORE FEATURES: 3 rack positions, 60-minute timer, and adjustable broil feature that allows the oven to broil at any temperature


  • Turbo convection heat technology
  • Heat up fast
  • Perfect size for counter
  • Easy-to-use control


  • Odd noise

5. COMFEE’ Toaster Oven Countertop CFO-BB102

COMFEE' Toaster Oven Countertop, 4-Slice, Compact Size, Easy to Control with Timer-Bake-Broil-Toast Setting, 1000W, White (CFO-BB102)

 in stock
1 used from $32.99
Free shipping
as of November 29, 2022 1:23 pm


  • 【3 IN ONE VERSATILE COOKING FUNCTIONS】Bake, Broil and a Toast all in a mini compact toaster oven to fit your daily cooking needs.
  • 【SPACE SAVER WITH 2 RACK CAPACITY】 The Compact and versatile design of COMFEE' countertop toaster oven can fit nicely in any small spaces when counter space is limited with comfort stretch and articulated knees. 2 Rack Levels make toaster ovens countertop holds 2 to 4 slices of bread, 9'' pizza, enough for a family.
  • 【EASY-TO-USE BUILT IN TIMER】The 30-Minute-Timer includes precise toast shade preference and stay-on feature for longer baking tasks. This compact toaster oven has simple controls that are straightforward and easy to use.
  • 【WIDE TEMPERATURE RANGE & INTUITIVE OPERATION DIALS】150°F to 450°F lets you cook with the convenience of different type of foods.Two easy to use dials can not only let you set your preferred cooking time, but also make you easy to control temperature and cookingmodes.
  • 【3 USEFUL ACCESSORIES & EASY TO CLEAN】Small toaster ovens countertop comes with 3 accessories: Non-stick Baking Rack, Baking Pan and detachable Crumb Tray, allows for effortless cleaning.


  • Efficient toaster oven for RV
  • Provide versatile cooking options
  • Three choices of toast shades
  • Flexible rack 


  • Sometimes dials become stiff

6. Hamilton Beach Countertop Toaster Oven 31123D

Hamilton Beach Countertop Toaster Oven, Easy Reach With Roll-Top Door, 6-Slice, Convection (31123D), Silver

 in stock
2 new from $98.99
13 used from $37.45
Free shipping
as of November 29, 2022 1:23 pm


  • Easy access to food and countertop the roll top door moves up and out of the way so you can have safe, easy access to your food before, during and after cooking
  • Easy to keep clean door is up and out of the way of messy spills and drips
  • Convection, bake, broil & toast 2 rack positions and included bake pan makes it easy to get started on cooking a variety of foods
  • Fits 6 slices of toast, 12 inches pizza and 9 inches X11 inches bake pan Spacious interior gives you room for cooking everything from snacks to side dishes
  • Easy to use contoured knobs not only is this new design easier to maneuver, but they’re safer too


  • Intuitive control
  • Long-lasting usage
  • Roll-top door for easy access
  • Comfortable handle
  • Extremely efficient


  • It can easily get hot.

7. Proctor Silex 4 Slice Countertop Toaster Oven 31260

Proctor Silex 4 Slice Countertop Toaster Oven, Multi-Function with Bake, Toast and Broiler, 1100 Watts, 30 min timer and auto-shutoff, Includes Backing Pan and Rack, Black and Silver (31260)

 in stock
6 new from $52.99
4 used from $45.04
Free shipping
as of November 29, 2022 1:23 pm


  • SAVE TIME IN THE KITCHEN: The toaster oven broiler conveniently toasts 4 slices of bread at once — enough for a family — to reduce the time you spend in the kitchen.
  • 3 IN 1 VERSATILITY: The small toaster oven gives you the versatility to cook 3 ways without taking up much space on the countertop. It toasts, broils, and bakes — great for everyday cooking. Make toast, heat leftovers, and more.
  • EASY-TO-USE MANUAL CONTROLS: This compact toaster oven has simple controls that are straightforward and easy to use. Perfect for anyone who wants a toaster oven that gets the job done without being complicated. Includes a 30 minute timer with ready bell.
  • INCLUDES BAKE PAN & OVEN RACK: The toaster oven comes with a bake pan for toasting and baking, and an oven rack for broiling.
  • EASY TO CLEAN: The built-in crumb tray drops down to easily remove crumbs from the bottom of the toaster oven.


  • Simples manual controls 
  • Wide temperature ranges
  • Drop-down crumb tray
  • Save countertop space
  • Perfectly for RV cooking


  • No power button

8. Hamilton Beach Countertop 31401

Hamilton Beach Countertop Toaster Oven & Pizza Maker Large 4-Slice Capacity, Stainless Steel (31401)

 in stock
7 new from $68.99
6 used from $44.99
Free shipping
as of November 29, 2022 1:23 pm


  • Fits 4 Slices of Toast or a 9 Inches Pizza: Spacious Interior Can Fit Everything From Snacks to Suppers Without Taking Up Too Much Counter Space
  • Saves Time and Energy: Uses up to 75 Percent Less Energy and Is 28 Percent Faster Than a Typical Kitchen Oven When Reheating Precooked Frozen Chicken Nuggets
  • Toast, Bake & Broil Settings: Adjustable Temperature and Included Bake and Broil Pan Makes It Easy to Cook a Variety of Foods
  • 30 Minute Timer: With a Ready Bell and Auto Shutoff for Peace of Mind
  • Stainless Steel Exterior: Classic Design Is an Attractive Addition to Your Countertop


  • Preheats quickly
  • Small footprint
  • Stay-on timer
  • Dual-position shelf
  • Water-resistant stainless steel


  • Small size

Buying Guide

What elements should you look for when shopping? It depends on the kind of cuisine you’ll be making and your budget. 

We’ve provided a list of some essential qualities that are useful for a wise purchase.

Temperature level

The temperature setting that you would require the most is crucial. A toaster oven’s fixed temperature setting of 450 degrees F will burn your food. 

But with a temperature setting that is simple to modify, you can set it to the desired level and use it for baking and broiling with ease.

Cooking capacity

Think about how many slices the toaster can hold. Although some of the top toaster ovens under $50 are two-slice models, some ovens can accommodate six slices. 

Using a 2, 4, or 6-slice toaster is fine, but keep the spot size in mind. They may not fit if your foodstuff is too thick.

Removable crumb tray

Removable crumb trays are common on toaster ovens, even inexpensive ones. They catch crumbs or dripping and make cleaning simple.

Keep warm mode

We recommend acquiring toasters with unique features such as a keep warm option. An oven warming option keeps the temperature low and can keep food warm and delicious.  

This option is not a standard feature in ovens, so make sure it is available if you need it.


When purchasing an oven, your safety should never be compromised. Ensure your gadget doesn’t overheat or start a fire quickly by understanding how it operates. 

Also, to prevent any potential risks, check if there is enough ventilation and air transmission in the model or not.


1. Are toaster ovens under $50 worth the investment?

A toaster oven has excellent functionality, but that doesn’t mean that the essential features alter when the price goes up. 

Even though the ovens are less expensive, they have numerous incredible characteristics.

Therefore, why break the bank when you can obtain fantastic features for less money?

2. What is the size toaster oven ideal?

The 1,800-watt model’s sensible dimensions of 16.5 inches wide by 14.25 inches deep and 10 inches in height provide much-needed power while making good use of available space.

3. Can a toaster oven replace an oven?

The quick response is “yes”! A toaster oven actually comes with a fan that distributes heat, making the heat inside more even than in a conventional oven.

4. Are more expensive toasters worth it?

According to our research, many expensive toasters that cost more than $100 don’t necessarily last as long as toasters that cost less than half as much.

We advise only paying what you feel is appropriate to receive roughly five years’ value of usage out of it.

5. Which is better, a toaster or a toaster oven?

Compared to toaster ovens, toasters brown food more consistently and evenly. However, a toaster oven can roast chicken, broil hamburgers, and melt sandwiches.


In short, above are all the quality products for the best toaster oven under $50

Our top pick is COMFEE’ Toaster Oven Countertop CFO-BB102 as it not only has a ton of fantastic and useful features, but it also has a gorgeous aesthetic. 

The BLACK+DECKER 4-Slice Convection Oven TO1313SB is our next option since it offers the best value for the money.

Finally, we suggest the Hamilton Beach Air Fryer Countertop 31523, which has a huge and spacious container that can accommodate more food and a broad temperature range that enables you to prepare various foods.

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