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    15 Best Cushion Cut Engagement Rings Under $5,000

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    For that once-in-a-lifetime event, you want to find a ring
    that has a gorgeous stone and an equally attractive design. If your budget is
    $5,000, we have curated a list of the top fifteen cushion cut diamond
    engagement rings for this price.

    What to Expect for $5,000 or Less

    At this budget you can expect to find diamonds around 1
    carat. You will need to make a trade-off between color or clarity: for example,
    you can get a D color diamond, but it will need to be more included. If you
    really want to amp up the sparkle and stay within budget, supplement the center
    stone with a setting that has pavé diamonds.

    Our Top Pick

    Cushion-Cut Pavé Diamond Engagement Ring

    1.01 carat Cushion cut Pave engagement ring IN 14K Rose Gold James Allen
    Find this Ring at James Allen1.01 carat Cushion cut Pave engagement ring IN 14K Rose Gold © James Allen

    We love the way this James Allen
    ring twists and turns. Getting it in rose gold – rather than yellow or white
    gold — is another unique touch. The diamond is a 1.01 carat, J color, VS1
    clarity and a very good cut. The setting has 0.40 carats of diamonds that are
    G-H color and VS2-SI1 clarity. This ring is a great value for the price!

    Best Cushion Cut Engagement Rings
    For $5,000 or Less

    Cushion-Cut Pavé Diamond Engagement Ring

    1.01 carat Cushion cut Pave engagement ring IN 18K White Gold
    Fins this Ring at James Allen1.01 carat Cushion cut Pave engagement ring IN 18K White Gold © James Allen

    A stunning 1.01-carat, G color, VVS2 clarity center stone
    with a very good cut graces the four-pronged crown of this beautiful pavé-style
    diamond engagement ring. This is a great contemporary design for anyone who
    works with their hands – the setting, with 0.17 carats in F-G color diamonds,
    is durable.

    Cushion-Cut Solitaire Diamond Engagement Ring

    1.00 carat Cushion cut Solitaire engagement ring IN 18K Yellow Gold James Allen
    Find this Ring at James Allen1.00 carat Cushion cut Solitaire engagement ring IN 18K Yellow Gold © James Allen

    A simple band set in dazzling 18K yellow gold sets the tone
    for this elegant ring. Contrasting the yellow gold band is an 18K white gold
    four-prong basket, which is grasping the 1.00-carat, H color, VVS2 cushion cut
    center stone with a good cut. This ring is perfect for the traditional buyer
    interested in a straightforward solitaire design but with a slight edge from
    the dual tone.

    Cushion-Cut Halo Diamond Engagement Ring

    0.95 carat Cushion cut Halo engagement ring IN 14K White Gold James Allen
    Find this Ring at James Allen0.95 carat Cushion cut Halo engagement ring IN 14K White Gold © James Allen

    This stunning diamond engagement ring features a traditional
    halo of smaller stones — you can snag a 0.90 carat, D color, SI2 clarity
    center stone with a good cut to keep this ring in budget. Adding to the ring’s
    glittering brilliance are 0.24 carats of pavé diamonds set along the sides of
    the ring’s shanks.

    Cushion Modified Cut Halo Diamond Engagement Ring

    1.20 carat Cushion Modified cut Halo engagement ring IN 14K White Gold James Allen
    Find this Ring at James Allen1.20 carat Cushion Modified cut Halo engagement ring IN 14K White Gold © James Allen

    A massive 1.20-carat, J Color, VS2 clarity cushion cut
    diamond with a good cut is the centerpiece of this vintage-style engagement
    ring. Further accentuating the ring’s design are 0.24 carats of G-H color pavé
    diamonds set along the 14K white gold bands. What is truly exceptional is the
    milgrain design running between the two lines of diamonds on each side of the
    band.

    Cushion Modified Cut Halo Diamond Engagement Ring

    1.01 carat Cushion Modified cut Halo engagement ring IN 14K Rose Gold James Allen
    Find this Ring at James Allen1.01 carat Cushion Modified cut Halo engagement ring IN 14K Rose Gold © James Allen

    Set in 14K rose gold, this piece features a 1.01-carat, G
    color, VVS1 clarity centerpiece diamond with a good cut, surrounded by a halo
    of smaller accent stones. This halo ring is a little more modern than the one
    above, if you want that extra sparkle with the vintage feel.

    Cushion-Cut Solitaire Diamond Engagement Ring

    1.00 carat Cushion cut Solitaire engagement ring IN Platinum James Allen
    Find this Ring at James Allen1.00 carat Cushion cut Solitaire engagement ring IN Platinum © James Allen

    A thick platinum band sweeps into a unique four-pronged
    basket in this marvelous piece. Four prongs clutch a 1.00-carat, F color, VVS2
    cushion diamond with a very good cut. With the setting under $1,000, all of the
    money is in the center stone (at an estimated $4000).

    Cushion-Cut Pavé Diamond Engagement Ring

    1.01 carat Cushion cut Pave engagement ring IN 14K White Gold James Allen
    Find this Ring at James Allen1.01 carat Cushion cut Pave engagement ring IN 14K White Gold © James Allen

    This piece utilizes multiple design elements to create an impressive geometric silhouette. At the helm of the ring is a three-stone design centered by a 1.01-carat, F color, SI2 center stone resting within a four-pronged basket. Running on the sides of the ring’s 14K white gold hollowed bands are 0.66 carats of channel-set pavé diamonds that are G-H color. This piece runs slightly over $5,000, so if you want to stay within budget, try this stone instead.

    Cushion Modified Cut Three Stone Diamond Engagement Ring

    1.00 carat Cushion Modified cut Three Stone engagement ring IN 14K Rose Gold James Allen
    Find this Ring at James Allen1.00 carat Cushion Modified cut Three Stone engagement ring IN 14K Rose Gold © James Allen

    This delicate three-stone design stands out amongst other
    three-stone rings. Petal-shaped side-stones alongside a bright 1.00-carat, G
    color, VVS2 clarity center stone give the ring a unique floral appearance.
    Sweeping beneath the three-stone cluster is a 14K rose gold band, ending in an
    intricate basket that supports the ring’s stones. This ring is perfect for
    someone with subtle and classical style.

    Cushion Modified Cut Halo Diamond Engagement Ring

    0.70 carat Cushion Modified cut Halo engagement ring IN Platinum James Allen
    Find this Ring at James Allen0.70 carat Cushion Modified cut Halo engagement ring IN Platinum © James Allen

    Double platinum bands are the highlight of this sparkling
    halo diamond engagement ring. At the crest of the ring is a 0.70-carat, I
    color, VS2 clarity cushion diamond. Along the double band’s sides are 0.78
    carats of pavé diamonds, with additional stones along the ring’s bridge and the
    modified prongs that reach into the halo. Given the intensity of the setting,
    you will need to get a smaller center stone to stay within budget.

     Cushion Modified Cut Side Stones Diamond Engagement Ring

    1.01 carat Cushion Modified cut Side stones engagement ring IN 14K Rose Gold James Allen
    Find this Ring at James Allen1.01 carat Cushion Modified cut Side stones engagement ring IN 14K Rose Gold © James Allen

    Nothing makes a bolder statement than this modified square
    engagement ring. Set in 14K rose gold, the ring’s band features three accent
    stones on each side of the 1.01-carat, D color, SI1 clarity center stone. Its
    14K white gold basket contrasts the rose gold band, completing the ring’s
    stunning dual tone design.

    Cushion-Cut Halo Diamond Engagement Ring

    0.30 carat Cushion cut Halo engagement ring IN 14K Rose Gold  James Allen
    0.30 carat Cushion cut Halo engagement ring IN 14K Rose Gold © James Allen

    A 0.30-carat pink diamond sits at the center of this
    exclusive piece. Ensconced within a halo of white diamonds, the pink center
    stone matches the ring’s 14K rose gold band. Adding to the ring’s alluring
    design are 0.31 carats of pavé diamonds set along its shanks.

    Cushion Modified Cut Pavé Diamond Engagement Ring

    1.20 carat Cushion Modified cut Pave engagement ring IN 14K White Gold James Allen
    Find this Ring at James Allen1.20 carat Cushion Modified cut Pave engagement ring IN 14K White Gold © James Allen

    This ring seamlessly combines classic with modern. A
    significant highlight of the ring is its floral basket, designed to mimic a
    flower’s petals. Resting inside the basket is a 1.20-carat, G color, VS1
    cushion cut diamond with a very good cut. Along each of the ring’s shanks are two
    lines of 0.28 carats of pavé diamonds in G-H color separated by a thin strip of
    milgrain design.

    Cushion-Cut Side Stones Diamond Engagement Ring

    1.71 carat Cushion cut Side stones engagement ring IN 14K Yellow Gold
    Find this Ring at James Allen1.71 carat Cushion cut Side stones engagement ring IN 14K Yellow Gold © James Allen

    Multi-stone designs are an alternative pick for buyers
    looking for something different. This ring features a mix of diamond and
    sapphire side stones, set within a 14K yellow gold band.The floral basket
    houses a 1.71-carat, K color, SI2 cushion-cut diamond with a good cut. This is
    a much larger stone, but note the clarity and cut grades. Also, if you look at
    the close-up images of the stone, the inclusions are clear to the naked eye. We
    would use this setting with a smaller, higher quality diamond.

    Cushion Modified Cut Channel Set Diamond Engagement Ring

    0.82 carat Cushion Modified cut Channel Set engagement ring IN 14K White Gold James Allen
    Find this Ring at James Allen0.82 carat Cushion Modified cut Channel Set engagement ring IN 14K White Gold © James Allen

    This chunky ring features thick 14K white gold bands. On the
    outer face of the band are a string of channel-set pavé diamonds. The ring’s
    crown comprises four prongs, set deep within a thick bridged channel and
    housing a 0.82-carat, D color, VVS2 clarity center diamond with a good cut.
    This is a great ring for someone who works with their hands and needs
    durability.

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