The 10 Most Affordable Designer Bags and What They Cost

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The global luxury handbag market is massive. Consumers around the world spent more than $71 billion on designer bags in 2021 and that number is expected to grow even more — beyond $97 billion per year by 2026.

A greater demand for luxury bags has opened up more options for consumers, especially those looking for more affordable designer bags to add to their collections.  

The Top 10 Most Affordable Designer Bags

Designer bags can easily cost over $1,000, which is well beyond most consumers’ budgets. The good news is that there is an increasing number of affordable designer bags on the market, including these 10 options.

1. Dooney & Bourke

Dooney & Bourke is a high-end designer, but the company regularly runs clearance specials that make it possible for people to own their designs for pennies on the dollar. The lowest cost for a handbag on their website on Oct. 27 was just $54, and there were plenty of other options well within the $200 price range. 

2. Furla

Furla combines bright colors and elegant designs to create bags that truly stand out. Although the vast majority of the company’s offerings are quite pricy, there are a few options on its website within the $200 range. The bag with the lowest price tag at the time of writing was just $49.  

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3. Guess

Guess is another hot handbag brand that’s known for offering sleek designs to match any outfit. Like many other brands, Guess includes a sale page on its website that’s filled with affordable designer bags. The lowest-priced bag on their website on Oct. 27 was the Kasinta Raffia Mini Hobo Bag with a price tag of just $52.80.

4. Fossil

Fossil is most well-known for its designer watches, but the company is also a major player in the area of affordable designer bags. Although many Fossil bags cost well over $200, the company offers sales on its website with many affordable options. The lowest-priced bag on the website at the time of writing was the Sydney Satchel with a price tag of just $38.  

5. Coach

Coach is one of the most well-known designers in the world, but consumers can find their bags for relatively inexpensive prices. A quick search on Amazon brings up the Coach Women’s Mini Katy Satchel Bag for just $81.89 and many other Coach bag options for under $200. 

6. Matt & Nat

Matt & Nat is a multi-faceted designer offering a wide range of premium-quality vegan products. The company’s handbags have made an appearance on many runways. The most affordable designer bag on the company’s website on Oct. 27 was just $87.  

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7. Rebecca Minkoff

Rebecca Minkoff is a handbag designer that creates bags with upscale appeal. Most bags on the company’s website are several hundred dollars, and some are in the thousands. However, the Rebecca Minkoff website also offers a sale page with more affordable designer bags to choose from. The lowest-priced bag on the site at the time of writing was the Edie Square Crossbody with Studs at $89.

8. MARC by Marc Jacobs

MARC by Marc Jacobs is a designer brand most well-known for its larger handbags. Although most options offered by the designer cost well over $200, there are some affordable options under $100. For example, a quick search on Amazon yielded the Preppy Nylon Sia Swingpack Crossbody bag for $93.10. Shoppers can also find several other options from the brand on Amazon for under $200. 

9. Kate Spade

Kate Spade is a luxury designer known for colors that pop and designs that start conversations. The company’s website features over 140 handbags to choose from, the majority of which are over $200. However, if potential customers sort options by pricing from low to high, they’ll find many affordable designer bags for around $107. 

10. Tory Burch

Tory Burch is a fashion designer that crafts handbags sure to make a statement. While most of the company’s bags are several hundred dollars or more, it is possible to find a few options for far less. The lowest-priced bag on the company’s website at the time of writing was the Ella Deconstructed Printed Tote with a price tag of $129.  

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Final Take

Those who want designer bags don’t have to break the bank. Customers who are looking for affordable designer bags should check the brands mentioned above to find a great deal. Most of these brands have ongoing sales on their website or can be found on Amazon.


Some common questions for consumers looking to find affordable designer bags include:
  • What are some affordable designer handbags?
    • Some of the most affordable designer handbags include the Pebble Grain Large Framed Purse from Dooney & Bourke and the Classic Envelop XI Fuoco H from Furla. Both handbags cost $49.
  • Which designer is most affordable?
    • When looking for a handbag, the most affordable designers include Dooney & Bourke, Furla, Guess, Fossil and Coach.
  • What are entry-level designer bags?
    • Some of the most affordable entry-level designer bags come from brands like Dooney & Bourke and Furla. For a slightly higher price tag, Kate Spade and Tory Burch offer entry-level bags for under $200.
  • What's the cheapest Louis Vuitton bag?
    • According to Money Inc, the cheapest Louis Vuitton bag costs around $790.

Information is accurate as of Oct. 27, 2022.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

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About the Author

Joshua Rodriguez is a personal finance and investing writer with more than 10 years of experience. He is the founder of CNA Finance. His work has been featured on U.S. News & World Report, Money Talks News and several other mainstream outlets. 
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