The best cheap PS5 game deals in December 2023

PS5 game boxes for Horizon Forbidden West, Elden Ring, Assassin's Creed Valhalla and Ratchet and Clank Rift Apart
(Image credit: Future)

The best PS5 game deals are the best way to make the most out of your PS5 without having to break the bank by purchasing all your games at full price. We've pulled together everything you need to know about where to look for the best deals, alongside what you ought to play to have the best experience for the lowest price. 

The library of PS5 games keeps growing, so it's worth checking often to ensure you don't miss out on a bargain on your next purchase. Whether it's a brand new title or an older game that's finally been discounted - from cross-platform blockbusters to unmissable exclusives – we have them all here.

Don't forget, too, that the new PS Plus tiers are now live. You can upgrade your membership to access a vast library of PlayStation games from across all console generations. Check out the latest PS Plus deals to find the best saving on that if you don't want to buy brand new games and try Sony's new gaming subscription service instead.

Somehow ended up here without a console yet? Pop over to our regularly updated hub for all the latest PS5 restock news. Or you can consider some of the few PS5 bundle deals that are available with extra games or a cheap PS5 Dualsense Controller.

New and upcoming PS5 game deals

New PS5 games are rarely discounted heavily before release. That said, you can usually find one or two retailers that drop the price of an upcoming game by a little in the run-up to launch, sometimes as much as $10 / £10. To save you searching around, we've gathered the best prices for the biggest PS5 games out now or launching soon.

God of War Ragnarok

God of War Ragnarok's Kratos looking sadly at a pouch

(Image credit: Sony)

Kratos' next rage-fuelled adventure is here following the release of God of War Ragnarok. The sequel to 2018's massively successful reboot takes place three years after the events of the previous game. Kratos and his son Atreus travel the lands seeking a way to halt Ragnarok - and prevent the end of the world.

After we saw a lot of early pre-order stock sell out, the fully-fledged PlayStation exclusive is now widely available at most retailers. Discounts are hard to find at such an early stage, but it looks like a game well worth investing in as we awarded it full five stars in our incredibly positive review.

The Last of Us: Part 1

Ellie in The Last Of Us Part I

(Image credit: Sony)

The Last Of Us: Part I is a remake of the PS4 original for Sony's current-gen console. As well as graphical improvements, developer Naughty Dog promises revised gameplay, controls and accessibility options. There will also be new features that make use of the 3D audio, adaptive triggers and haptic feedback available on PS5.

As it's still in the pre-order phase - with a release planned for September 2 - there are almost no deals to speak of right now. However, some retailers have taken a small chunk off the game's huge recommended price. Today's best offers are below.

Gran Turismo 7

Two cars in Gran Turismo 7 racing around a track

(Image credit: Polyphony Digital)

Regular price: $59.99 / £59.99 / AU$124.95

The latest entry in Polyphony Digital's incredibly detailed and comprehensive racer it's actually the 8th release. Veterans will know what to expect here, with garages upon garages of meticulously realised cars and race tracks. There are a number of different game modes to dip into as well including the vast single player campaign GT Simulation Mode.

We haven't seen the game less than the standard price anywhere yet, so expect to hand over the full $60/£60 if you want to get in the driving seat at launch.

Elden Ring

Elden Ring screenshot

(Image credit: Bandai Namco)

Regular price: $59.99 / £59.99 / AU$124.95

From Software's spiritual successor to the Dark Souls series takes its tough-as-nails RPG formula to vast and extravagant new heights with a rich and detailed open world full of wonder and menace. Lots of talk surrounding the game has suggested it's the most accessible in the series yet, which is certainly true in some sense, but this is still a challenging and perilous game. The new land is fascinating to explore and absolutely gorgeous, but it can still quickly punish mistakes and risks alienating those not prepared to study and practise.

Surprisingly, Elden Ring has actually been quite cheap to pick up in the UK for a fresh PS5 release - it's been around £45 on less on launch at a number of stores. The situation is different in the US, though, where that full $60 price tag has held strong so far.

Horizon Forbidden West

Horizon Forbidden West

(Image credit: Sony / Guerrilla)

Regular price: $69.99 / £69.99 / AU$124.95

Undoubtedly the biggest PlayStation launch of the year so far, Guerilla Games' follow up to its dino-mech action-adventure launched on February 18. This time around, Aloy heads to the titular new region of post-apocalyptic America that's much larger than the previous game. New features include refined melee combat, reworked climbing mechanics and better traversal options.

Of course, with any new PS5 release, it's unlikely to see a particularly large discount - if anything. What you can do, though, is purchase the game's PS4 version and make use of the free PS5 upgrade. Note: you'll need to download the entire game digitally if you take this approach, so this is best for those with a  strong internet connection.

More top PS5 game deals

All other key PS5 releases will be added to this list below, which means you can quickly find the best PS5 game deals on the most sought-after titles. Use the menu on the side to jump straight to the web's lowest prices on your game of choice.

Ratchet and Clank: Rift Apart

Ratchet and Clank Rift Apart PS5 game deals

(Image credit: Insomniac Games)

Regular price: $69.99 / £69.99 / AU$124.95

Ratchet and Clank have landed onto our consoles once again, this time being built for PS5 from the ground up. That means Rift Apart gives us our first true insight into the potential power of the next-generation console, and what a look it is. While the humor doesn't quite hit like it used to, the duo's latest outing is certainly a marvel - from fast-paced action sequences to gorgeous settings to outrageous weaponry. 

Still fresh to market, we haven't seen too many discounts in the US. However, the UK is getting ahead of the game with some early savings dropping that RRP down as low as £54 in the past. That's excellent for such a blockbuster release that's only just hit the shelves, though we might be waiting a little while for any further discounts.