The golf rangefinder market has changed dramatically over the last several years. There are now tons of options in the budget category that will suit golfers needs. However, sometimes it is buyer beware since many of the inexpensive brands have less reliability and functionality on the golf course.

This guide showcases the best cheap golf rangefinders on the market right now. All of the products on this list are from trusted companies that have a strong track record of success and prices less than $300. If you are looking for premium rangefinders with a few more bells and whistles, you can check out my complete guide to rangefinders here.

GolfBuddy LR5

I am a big fan of the GolfBuddy brand. I've tested a number of their products over the years, and they all share the same traits - easy to use, durable, and cost-effective.

Their LR5 Rangefinder is arguably the best value on the market. I reviewed it a couple of years ago and still use it on the course. It is fast, reliable, and best of all - it won't break the bank at under $150.

If you are looking for a rangefinder that adjusts for slope, then you can check out their LR5S Model. Overall, GolfBuddy is one of the best options for cheap golf rangefinders.

Precision Pro Nexus

Precision Pro has quickly established themselves as one of the leaders in the budget rangefinder category. All of their products are highly rated, and the company offers many guarantees that go above and beyond the competition.

When you purchase their NX7 or NX7 Pro models you automatically get their Precision Care Package. Customers get a 90-day money back guarantee, 30% trade-in value, 2-year warranty, and free battery replacement service. This policy is highly unusual amongst companies in this space and shows that they stand behind their products.

At $199, the Precision Pro NX7 is a great value for golfers who want a quick and accurate rangefinder that has features like pulse vibration when it locks on a target. Their Pro model will estimate yardages uphill and downhill for $50 extra. You can read my full review here.

Nikon Coolshot 20

The Nikon Coolshot 20 is another rangefinder that for under $200 that is fast, compact, and highly rated.

Most golfers give it high marks for bright, high contrast views and its ability to lock on to a target quickly.

TecTecTec VPRO

If you are looking for a cheap golf rangefinder with slope capabilities, then the TecTecTec VPRO500S is worth a look. It is one of the few products out there that offers slope technology for under $200. It also carries a 2-year limited warranty. Additionally, the 2018 version is now tournament legal.