Best Cheap Home Security Systems of 2020

Looking for the right home security provider that will fit your budget and needs? We share 5 of the best affordable home security providers and their features. You’ll have access to basic intrusion detection, video surveillance, smart home features, and more.

Best for Easy Installation

SimpliSafe Security

Starting at $14.99

8.4 out of 10

Best features

  • Inexpensive professional monitoring
  • Wireless equipment
  • Cellular monitoring

Best for Instant Text Alerts

Cove Security

Starting at $14.99

7.4 out of 10

Best features

  • Custom packages with low-pressure sales
  • Easy cancellation
  • 60-day money-back guarantee

Best for Flexible Monitoring

Blue by ADT

Starting at $19.99

8 out of 10

Best features

  • Smart home compatibility
  • 7-Day Practice Period
  • 24/7 professional monitoring available

Best Entry-Level Pricing

Protect America

Starting at $19.99

7.2 out of 10

Best features

  • 25+ years of industry experience
  • Price-match guarantee
  • Mobile app access & control

Best for Video Doorbells

Ring Home Security

Starting at $10

8.4 out of 10

Best features

  • No contract
  • Inexpensive equipment and professional monitoring
  • Home automation integration

Best Cheap Home Security Systems of 2020

Cheap Home Security Systems

Cheap Home Security Systems

Home security systems can get expensive, especially when adding on equipment like security cameras and smart home devices. Fortunately, there are cheap home security system options that still include advanced features, but may differ in setup and pricing structure. We’ve put together a list of the top 5 affordable home security systems you should consider if you’re working on a budget. Check out their features below.

Top 5 Cheap Home Security Systems in 2020

Top 5 Cheap Home Security Systems in 2020

Compare Cheap Home Security Providers

Compare Cheap Home Security Providers

SimpliSafe Security

Learn more about

Cove Security

Learn more about

Ring Home Security

Learn more about
Pro monitoring starts at $14.99/mo. $14.99/mo. $19.99/mo. (first month is free) $19.99/mo. $10/mo.
Installation type DIY or Professional DIY DIY DIY or Professional DIY
Contract No contract required No contract required No contract required 36 months No contract required
Trial Period 60 days 60 days 7 days 15 days 30 days
BBB rating A+ A A+ A C-
Compare Cheap Home Security Providers

Compare Cheap Home Security Providers

  1. Best for Easy Installation

    SimpliSafe Security

    Our rating 8.4

    Starting at $14.99/mo

    Our take on SimpliSafe Home Security

    SimpliSafe could be considered a disrupter in the home security industry, because it was among the first to provide forward-thinking customer benefits like self-installation, self-monitoring, video verification and month-to-month pricing. Its generous 60-day risk-free trial helps ensure long-term customer satisfaction.

    What we like

    • Inexpensive professional monitoring
    • Wireless equipment
    • Cellular monitoring

    What we don’t like

    • Mobile alerts not available in the basic monitoring plan
    • No selection of smart home devices
    • Smart home capabilities not available in basic monitoring plan
  2. Best for Instant Text Alerts

    Cove Security

    Our rating 7.4

    Starting at $14.99/mo

    Our take on Cove Security

    You’ll find the basics you need for intrusion detection with Cove Security. Cove stands out with locked monitoring rates, a lifetime warranty, and a $5 credit each month that can be used towards any future equipment purchases. While Cove does not offer any preset home security packages, you can easily build your own online. With Cove, you also get access to features like Cove InstaText™ for fast notifications on activity in your home and voice control when you choose a Cove monitoring plan. Cove monitoring ranges from $15/mo. – $25/mo.

    What we like

    • Custom packages with low-pressure sales
    • Easy cancellation
    • 60-day money-back guarantee

    What we don’t like

    • Premium app subscription required for many features
    • Relatively new company
    • Lack of smart home integration and camera options
  3. Best for Flexible Monitoring

    Blue by ADT

    Our rating 8

    Starting at $19.99/mo

    Our take

    For decades, customers have trusted ADT’s equipment and services for extra home security and safety. Their home security systems require professional monitoring, installation and long-term contracts. Blue by ADT gives families flexible and affordable DIY security solutions with a focus on privacy with encrypted networks for your personal and home data. You’ll find smart cameras, ADT professional monitoring, and 24 hours of free cloud storage for easy home monitoring from anywhere.

    What we like

    • Smart home compatibility
    • 7-Day Practice Period
    • 24/7 professional monitoring available

    What we don’t like

    • Limited Blue by ADT equipment
    • No smart home add-ons
    • Cloud storage costs extra
  4. Best Entry-Level Pricing

    Protect America

    Our rating 7.2

    Starting at $19.99/mo

    Our take on Protect America Home Security

    Protect America stands out for its low starting prices, over 25 years of award-winning service and monitoring plans that are based on connectivity type. If you’re looking for a capable no-frills home security system you can install yourself, Protect America might have the best priced option.

    What we like

    • Price-match guarantee
    • Smart home devices and features
    • Mobile app access & control

    What we don’t like

    • Contract required
    • Must upgrade to get video surveillance, smart features and smoke detection
    • Cellular monitoring is the most expensive plan
  5. Best for Video Doorbells

    Ring Home Security

    Our rating 8.4

    Starting at $10/mo

    Our take on Ring Home Security

    Ring offers complete security systems, video doorbells, cameras and more for your home’s protection.The base security system comes with 5 pieces: a base station, keypad, contact sensor, motion detector, and range extender. This alarm security kit has a retail price of $199.00.

    What we like

    • Inexpensive equipment and professional monitoring
    • Easy to install
    • A range of security camera devices

    What we don’t like

    • Video recording not available without a Ring Protect Plan
    • Higher-tiered packages cover more area, but don’t add any features
    • Cellular backup not available without a Ring Protect Plan
Features of Affordable Home Security Systems

Features of Affordable Home Security Systems

  • DIY Installation

    One of the most common features you’ll find among affordable home security systems is DIY installation. Being able to install your system yourself allows you to avoid an installation fee, which could range anywhere between $70 to upwards of $300 depending on the provider and equipment. You also won’t have to be concerned with setting aside time for a technician to install your system for you when you can do it yourself.

  • No Contract

    Another feature that can lower your security system cost is the ability to avoid any contracts. Traditionally, home security providers have required a contract for their service, but a lot of providers today are either transitioning away from this or adding DIY systems to their lineup. With some affordable home security systems, you’ll only be responsible for your monthly monitoring fee.

  • Inexpensive Monitoring

    One last feature you’ll find is inexpensive professional monitoring. This is more common with DIY providers, where the cost of monthly monitoring can start below $10/mo. You’ll want to be sure of the type of monitoring you’ll have before purchasing, whether that’s professional or self-monitoring. Self-monitoring is typically cheaper, as you’ll be responsible for getting activity notifications, but we’d recommend choosing professional monitoring whenever possible.

Frequently Asked Questions About Cheap Home Security Systems

Frequently Asked Questions About Cheap Home Security Systems

What is the best low cost home security system?

We think that the right home security system for you will heavily depend on your needs, and it might not necessarily be the cheapest. If you only want the basics for intrusion detection (control panel, sensors, and signage) at a low cost price, then we’d recommend choosing a basic package with a provider like SimpliSafe, Cove, Blue by ADT, and Ring.

How much does a home security system cost?

This is going to depend on the provider, equipment, and any monitoring fee as well. For most home security providers, you can expect to pay at least $100 and up for their systems. For professional monitoring, you can expect to pay at least $8/mo. (and that’s on the low end). But for DIY providers, you’ll generally pay $14.99/mo. and up for professional monitoring.

Do cheap home security systems require a contract?

If you’re looking at DIY providers, the answer is no. Most DIY home security providers do not require a contract. You’ll typically be responsible for the cost of equipment and monitoring. If you want a professional to install your system, you’ll also have to pay an installation fee.

Do cheap home security systems have a monthly fee?

Yes, most cheap home security systems have a monthly monitoring fee unless you decide to monitor your own system. In that case, you may be able to avoid this fee.

What equipment can I get with an affordable home security system?

As with most home security systems, you’ll get the essentials: a control panel, motion sensor(s), door/window sensors, and signage. If you want additional equipment like security cameras, smart home devices, smoke detectors, carbon monoxide detectors, glass break sensors, and other devices, you can expect to pay more. If you want some of these additional features for less, we’d recommend providers like Blue by ADT and Cove.


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Written by

Jalesa Campbell

Jalesa develops content in the home security space and contributes to Safety's social media efforts.