What’s the Cheapest Verizon Fios Home Internet Plan?

Verizon Fios offers internet speeds at an average price compared to other providers. But two upsides to Verizon Home Internet make this ISP cheaper than the rest.

Verizon Fios includes your router rental in your monthly payment for the 300Mbps and 500Mbps plan—no need to pay an extra $15–$25 per month for a modem. So it basically feels like your router rental is free since Verizon Fios is already average-priced.

Most internet providers increase your service price after 12 months, but not the almighty Verizon Fios. 

For the Fios 300 Mbps plan, your monthly price is guaranteed for two years. For the Fios 500 Mbps plan, your price remains the same for three years, and the gigabit plan for four years. Plus, users with Verizon Fios won't have to worry about slow speeds, with Verizon speed tests averaging just over 200Mbps download speed.

And it's a huge bonus that Verizon Fios Home Internet doesn’t require any contract signing. Since Verizon doesn’t specify how much your bill will increase after two to four years, you can always cancel if it becomes too much.

But at this point, we suggest negotiating with a Verizon representative to lower your bill or bumping your internet speeds down to save money.

PS: These prices also reflect what you’ll be paying if you sign up for autopay. Otherwise, you’ll be paying $5–$10 more than the price shown in the table above.

We recommend at least 50Mbps as a minimum download speed, but your household may need more speed if more than three people work from home, stream, or game. Find out how to tell what speed is right for you in our guide to internet speeds.

If you’d like to avoid the $100 installation fee, you can install your new router yourself if you sign up for Verizon Fios online. But unfortunately, this only applies to the 1Gig Internet plan.

Before you forgo the installation, double-check to see if you’d like to add Verizon Fios TV. You could also set up your set-top box yourself or have the Verizon installers install everything at once.

If you pair your internet service with one of Verizon’s 5G mobile plans (which start at $30 per line with AutoPay), you can get your Verizon Internet service for $25 cheaper each month.

So your Fios 300 Mbps plan will lower from $50 to $35 per month with AutoPay, Fios 500 Mbps will go down to $45 from $70 with AutoPay, and 1Gig will cost only $65 with AutoPay. (Those are excellent numbers compared to other fiber internet providers.)

But here’s the catch: Verizon specifies that this discount is available to “existing postpaid mobile customers with an unlimited plan that includes 5G Ultra Wideband.”

So, if you’re already an existing mobile customer, you can get the discount now! If you’re not, become a mobile customer first, and then add the internet onto your service for that nice discount.

Furthermore, when you order the Fios 300 Mbps or Fios 500 Mbps plan, you’ll receive a $50 Verizon gift card that can be used toward a new device, accessory, or Verizon bill.

When you order the Fios 1 Gig Internet online, you can get a $100 Verizon gift card.

There are a few ways you might be able to get Verizon to lower your internet bill, including the following:

• Downgrade your internet speed if you can.
• Call Verizon’s sales department and see if any internet deals are available.
• Ask to have any unnecessary rental equipment removed—and don’t forget to return it.
• Combine your Verizon Fios Home Internet plan with a Verizon Wireless unlimited plan and enroll in the Mobile + Home Rewards program for $25 monthly savings.

We’ve also got more tips on saving money on your internet bill.

Let’s compare the 300Mbps plan for a second. Is there an internet provider cheaper than Verizon Fios? Yes and no.

You can get cable internet for a lower price than Fios fiber, but a fiber-optic connection is faster and more reliable. Frontier Fiber Internet is cheaper, but double-check that it’s available in your area. Like Fios, its availability is limited across the U.S. And don’t forget, you won’t need to pay extra for a router rental with Verizon.

But, if Verizon Fios is unavailable in your area, all these providers are on our top ISP's list.

Comcast Xfinity is number one because it’s widely available across the U.S. and is the most reliable cable internet provider. AT&T Internet offers gig speeds at $10 less per month. Spectrum is available across the U.S., offers fast download speeds for a cable connection, and doesn't require signing a contract. Cox Internet has higher prices but can also be bundled with mobile, TV, and home security.

For fiber internet, the Fios 500 Mbps plan has the best value at $75 per month with AutoPay for 500Mbps download speeds. This plan is average-priced among all internet service providers, but you don’t need to pay an extra monthly fee for the router rental.

For DSL internet service, you can get up to 1,000Mbps download speeds with the 5G Home Internet Plus package for $80 per month with AutoPay. Use our zip finder below to find out if these plans are available in your area.

You can also get both of these internet services for $45 per month with AutoPay, and here’s how: if you’re already an existing Verizon 5G mobile customer, you can get the discount now. If you’re not, become a mobile customer first, and then add the internet onto your service for that nice discount.

If you need faster fiber speeds, we do like Verizon’s 1Gig Internet plan because it comes with a $100 Verizon gift card when you order online.