8. TETON Sports Scout 3400
Some of the best backpacks for hiking can be pricey but if you are looking for an affordable backpack, the TETON Sports Scout 3400 is the perfect choice. The backpack is ideal for three to five day light backpacking but still has a lot of high-end features. It has compression straps at the top and bottom to keep your items secure and you can fit a small tent, sleeping bag, pad and any extra backpacking accessories. Weighing only four and a half pounds, this is the ideal bag for you if price is important and it has a limited lifetime warranty.