The average price range for a lab grown diamond ring can vary depending on several factors including the cut, color, clarity, and carat of the diamond and the type of engagement ring setting. However, at Friendly Diamonds, you can shop lab grown diamond rings starting from $500 and scale up to several thousand dollars for larger or higher-quality diamonds and exquisite styles. We offer a range of options to suit every budget and preference, without sacrificing on the quality or the sparkle of diamonds.