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Nokia Lumia 521 sells in T-Mobile stores May 22

T-Mobile and Microsoft will sell the budget Windows 8 phone for $150; or grab it at Walmart for $20 less.

Jessica Dolcourt Senior Director, Commerce & Content Operations
Jessica Dolcourt is a passionate content strategist and veteran leader of CNET coverage. As Senior Director of Commerce & Content Operations, she leads a number of teams, including Commerce, How-To and Performance Optimization. Her CNET career began in 2006, testing desktop and mobile software for Download.com and CNET, including the first iPhone and Android apps and operating systems. She continued to review, report on and write a wide range of commentary and analysis on all things phones, with an emphasis on iPhone and Samsung. Jessica was one of the first people in the world to test, review and report on foldable phones and 5G wireless speeds. Jessica began leading CNET's How-To section for tips and FAQs in 2019, guiding coverage of topics ranging from personal finance to phones and home. She holds an MA with Distinction from the University of Warwick (UK).
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Watch this: Nokia's Lumia 520 is the cheapest Lumia yet in video

If you're itching to snap up a budget Nokia Lumia 521, head over to Walmart on May 11 and buy it for $130, its full retail price.

If you aren't in a rush, the Windows Phone 8 handset also goes on sale May 22 at T-Mobile stores, Microsoft retail stores, and T-Mobile's Web site for $150.

However, if you don't want to fork over the full sum at once, you can also buy the budget smartphone for $30 down and pay $5 installments every month for the next two years. Either way you look at it, the Lumia 521 is one dirt-cheap smartphone.

The Lumia 521 has a 4-inch touch screen, a 5-megapixel camera that records 720p HD video, and the range of Microsoft services and Nokia's extra apps. It supports HSPA+ but not T-Mobile's faster 4G LTE.

One other thing to note is that the Lumia 521 comes with Wi-Fi calling already installed if you buy it through T-Mobile. The carrier will turn on the feature May 20 for customers who buy it through other outlets.