A few days ago Ming-Chi Kuo of KGI Securities, who has a reliable track record in predicting Apple’s future product plans, told AppleInsider that Apple was indeed working on an entry-level iPhone that would have a plastic casing and come in multiple colors. This isn’t the first time we have heard such a thing and as such it is quite widely believed we will see an entry-level iPhone announced alongside the iPhone 5S this year.

Although we have seen just as many concepts as rumors the last little while, iPhoneClub has partnered with master iOS concept designer Martin Hajek who previously worked on an iWatch concept, iPhone 6 concept and many others, to visualize the entry-level iPhone.

iPhoneClub stated that it is still hard to predict what the entry-level iPhone will look like, but the concept is based on the latest reports alleging that it will come in multiple colors and feature a polycarbonate body. As for the screen size, iPhoneClub decided to use two of the most talked about displays: a 4-inch (red) and a 4.5-inch (blue).

Budget iPhone Concept

Budget iPhone Concept

Budget iPhone Concept

The concept renderings definitely look realistic and remind me personally of the 5th generation iPod Touch, well the back of the handset anyway. Let us know your thoughts on the two concept handsets in the comments section.