Only 60Hz and doesn't even have Freesync 1, so I'd say that is a monitor for work not gaming. If you want sub-$500, you'll probably need to look at some VA panels like the AOC 34" (probably the best but it lasts 1-2 hours in stock at Amazon whenever they get any in, then disappears for weeks) or the Sceptre 35". I'm looking pretty closely at the Sceptre right now, wouldn't mind replacing my oldest panel but I'm not shellng out a grand+ until 5K2K is common/reasonably priced.
Just be aware that VA panels still only have about 95-115% 8-bit sRGB and the response time isn't as good as the latest and greatest IPS no matter what the specs say.