Our top picks for affordable pearl earrings under $500 are going to be primarily in the Akoya and Freshwater pearl types. Freshwater pearls will definitely be the pearls that offer you the widest range of sizes and colors to choose from. With the Freshwater pearl type, you can choose between classic pearl studs in white, pink, peach and lavender natural colors, and earrings starting at 7mm and all the way up to 9mm in size. There are also a number of beautiful Freshwater pearl dangle earring designs to choose from in 14kt gold, with or without diamond accents. Saltwater Akoya pearls from Japan will be more limited in terms of sizes and designs to choose from, however these pearls will give you that iconic and highly lustrous pearl look. No matter which pearl type you choose, our Best Pearl Earrings Under $500 collection will offer you a vast selection of beautiful pearls that are sure to be cherished for years and decades to come.