Top Ten Affordable Moissanite Engagement Rings

Created: June 25, 2021

Top Ten Affordable Moissanite Engagement Rings

Although engagement rings are seen as an expense that shouldn’t be spared, there is a huge variety of options available for those who are more budget conscious. We value the highest quality materials, and the expert British Craftsmanship of our Goldsmiths, but the price of moissanite engagement rings and our lab diamond engagement rings means that dreaming big can be a reality. Read on for some of our top picks for affordable styles that don’t compromise on quality.

Grace Moissanite engagement ring Lily Arkwright

Starting off with our most popular ring, it isn’t difficult to know why the Grace solitaire is so well-renowned. The four prong setting allows for the central moissanite gemstone to get as much light as possible, intensifying its refractive properties and making sure it has the maximum amount of sparkle. The Grace also features a knife-edge band, meaning that as the metal leads up towards the centre stone it gradually sharpens to a rounded point, giving the appearance of a larger carat size. This ring actually featured in a recent Telegraph article, on the best places to buy an engagement ring online which you can check out!

Want to know more ways to save money on your engagement ring? Head over to the Savvy Dad blog for more money saving tips!


Lillie Moissanite engagement ring Lily Arkwright


Another of our competitively priced engagement rings is the Lillie ring. Also with a knife edge band, this ring has a six prong tiffany-style setting that fastens the gem securely, and places all its focus on the centre stone. The band itself only measures across 1.6mm, making for a petite look. Also a wed-fit style, our Lillie will sit perfectly next to a wedding ring. All of our rings come with a 30 day complimentary free resizing option, making sure that your choice is the perfect fit!


Lottie moissanite engagement ring Lily Arkwright


Our third choice would be the Lottie ring. This engagement ring features a brilliant round cut centre stone, and a tapered mount that gently decreases in diameter as it meets up with the central gemstone. The four prong tulip mount is a gorgeous and secure setting that adds just that extra bit of detailing, making for a stunning choice. We have free and insured global shipping with all of our orders, as well as having a 30 day returns policy* and 12 month warranty.  


Lulu moissanite engagement ring Lily Arkwright


The Lulu ring is another fantastic option, and with a rounded band and four prong mount, the centre moissanite or lab grown diamond gets as much light as possible due to this minimal setting. The Lulu comes in the entire range of gemstone cuts and metal types, from a 18k rose gold radiant cut, to a platinum princess cut. We work with our global partners PayPal and Klarna, to make payment as easy as possible, starting from a 0% interest rate.


Leanora Moissanite engagement ring Lily Arkwright


Trilogy rings are also an elegant choice for an engagement ring that doesn’t need to break the bank. The Leanora ring we offer is one such option that is truly affordable, featuring three brilliant round cut moissanites or lab grown diamonds, with a larger centrestone flanked by two equally sized smaller gemstones.


Blossom moissanite engagement ring lily arkwright


Another trilogy ring we offer is the Blossom ring, which is a very similar design to the leanora with a centre brilliant round cut; but is instead bordered by two smaller pear cut moissanites. With an intricately detailed basket, and a plain band this ring is not overly glitzy but has a graceful style that is sure to impress.  


Florence moissanite emerald cut Lily Arkwright


The Florence ring is a vintage-inspired design with its ultra elegant emerald cut centre stone, sat on top of a four prong tapered mount. Traditionally emerald cuts were reserved for emerald gemstones however the cool geometric lines and clear table looks just as sensational with a moissanite or lab grown diamond. This is actually the gemstone cut of choice for many celebrities such as Grace Kelly, Beyoncé and Amal Clooney.  


Florence emerald cut chatham emerald Lily Arkwright


The Florence does however look gorgeous with a deep green, crystal clear emerald. Our coloured gemstones are all grown in the lab by Chatham Labs, coming with a Lifetime Warranty Card. Chatham have excellent quality stones that are of the same colour and clarity as only the very best mined gemstones.  

Lily Arkwright are also the only UK stockists of Chatham, supplying their exceptional quality gemstones in stunning designs that are the mark of British craftsmanship. You can check out the Chatham store locator here.


Aster Princess Cut Moissanite Ring Lily Arkwright


Two of our rings that have a contemporary twist (quite literally) on the classic solitaire are the Annora and the Aster rings. Featuring a brilliant round cut centre and a princess cut respectively, these rings both have a plain band that delicately twists to a 90 degree angle as it meets the centre. One of our most popular styles, these rings are a beautiful option that also work well with a budget in mind.


Juliet yellow gold engagement ring Lily Arkwright


Finally, the Juliet ring is a solitaire with huge amounts of sparkle, living up to its shakespearean namesake, this six prong solitaire is the definition of romance. The Juliet has a tapered mount and is available in sizes from 4mm to 8mm, set with Charles & Colvard or Lily Arkwright Moissanite.  

This list of rings not only comes at a better cost for your wallet but comes at a better cost to the planet. As all of our jewellery use gemstones that are grown in the lab, and so there is a significant reduction on the impact our jewellery has on the environment. The ethical concerns surrounding diamond mining is another huge consideration when purchasing a traditional mined diamond engagement ring, and so we say lab grown is definitely the way to go!

trees ethical and sustainable jewellery Lily Arkwright

Other Lily Arkwright Moissanite Jewellery Collections

Our Moissanite earrings are another dazzling choice that look beautiful on their own or as part of a bridal set. In fact we also offer moissanite pendants as well as our stunning tennis bracelet that all look incredible. Have a look at this guide to the other jewellery we offer on our blog here.


Lily Arkwright moissanite earrings yellow gold

Bespoke Ring Design Service

If finding your perfect ring is proving more difficult than you thought and you love the idea of a moissanite or lab grown diamond engagement ring made exclusively for you, make sure to check out our bespoke design service. We can make any dream ring a reality, and our fabulous team of JET trained Jewellery Consultants can guide you each step of the way.

All of our jewellery is UK hallmarked and Assay Assured, meaning that it has been independently verified as being of the highest quality and confirms to our customers that we only provide the best quality material in our jewellery pieces. We are also members of the National Association of Jewellers, again attesting to our excellence, whether that be with our engagement rings, moissanite earrings, or moissanite pendants and necklaces.

If you have any questions or queries please get in contact with a member of our Jewellery Consultants, who are always happy to help! Have a look at our 5* rating on TrustPilot, to know that we value excellent customer service and outstanding quality British Craftsmanship as hallmarks of our brand. Do not hesitate to contact us at, book an online consultation or an in-person appointment at our UK showroom.  


Why Lily Arkwright?

We pride ourselves on our ability to produce stunning ethical and sustainable fine jewellery at an amazing price point, supported by unrivalled customer service. We offer the highest quality moissanite engagement rings, lab grown diamond engagement rings and coloured gemstones. Make sure to also check out our collections of moissanite earrings and pendants as well, for a gorgeous bridal set.

Lily Arkwright are proud Assay Assured jewellery retailers and committed members of the National Association of Jewellers based on honesty, integrity and professionalism. All precious metal jewellery offered by Assay Assured jewellery retailers carries the legally-required independent hallmark verifying the precious metal content, a protection over and above legal requirements. Read our glowing customer reviews on Trust Pilot.

If you are interested in booking a consultation or simply would like to find out more information about ourselves or our collections, please call us on 0161 537 6773, alternatively you can email our jewellery consultancy team at


*On standard collections that are not designated 'made to order'.





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Wishing you all the best, The Lily Arkwright Team x