QNAP TS-264 Review: 2-Bay Intel NAS with 2.5GbE & M.2 (2026)

Quick Answer+


Quick Answer: The QNAP TS-264 ($489) is the best 2-bay NAS for power users who need Intel features—hardware transcoding for Plex, dual 2.5GbE networking, M.2 NVMe caching, and HDMI 2.1 output. It’s ideal if you’re certain 2 bays are enough. If you might need more storage or want PCIe expansion for 10GbE, spend $147 more on the TS-464 instead. Rating: 4.5/5

The QNAP TS-264 packs flagship features into a compact 2-bay form factor. With an Intel Celeron N5105, 8GB RAM, dual 2.5GbE ports, two M.2 NVMe slots, and HDMI 2.1 output, it offers capabilities typically reserved for larger NAS devices. But is a 2-bay NAS with this much power actually useful, or should you just get the 4-bay TS-464?

After extensive testing, I can say the TS-264 is the best 2-bay NAS on the market for users who need Intel features but have space or budget constraints. Here’s everything you need to know.

QNAP TS-264 Specifications

SpecificationQNAP TS-264
Drive Bays2x 3.5″/2.5″ SATA
Max Raw Capacity48TB (2x 24TB)
CPUIntel Celeron N5105 (4-core, 2.0-2.9GHz)
RAM8GB DDR4 (upgradeable to 16GB)
Network2x 2.5GbE RJ45
M.2 Slots2x M.2 2280 PCIe Gen3 x1
USB2x USB 3.2 Gen 2 (10Gbps), 2x USB 2.0
HDMI1x HDMI 2.1 (4K@60Hz)
PCIe SlotNone
Hardware EncryptionAES-NI 256-bit
TranscodingIntel Quick Sync (H.264/H.265 4K)
Operating SystemQTS 5.x / QuTS hero
Dimensions168 x 105 x 226 mm
Weight1.48 kg (empty)
Power Consumption15.21W (HDD standby), 24.85W (operating)
Warranty2 years (extendable to 5)
Price$489
Best 2-Bay NAS

QNAP TS-264-8G

2-Bay, Intel N5105, 8GB RAM, 2x 2.5GbE, 2x M.2 NVMe, HDMI 2.1

Full Intel prosumer features in a 2-bay package. Hardware transcoding for Plex, dual 2.5GbE networking, M.2 caching, and HDMI output. The best compact NAS for power users who don’t need 4+ bays.

$489
Check Price

Design and Build Quality

QNAP updated the design with the x64 series, moving from the traditional gray plastic to a more modern copper/bronze accent on white. It’s a welcome aesthetic improvement that looks better in home environments.

The TS-264 uses tool-less drive trays with locking mechanisms. Installation is straightforward — slide out the tray, mount your drive with the included screws (or tool-less clips for 3.5″ drives), and slide it back in. The trays feel sturdy and secure.

Build quality is typical QNAP — solid plastic construction that doesn’t feel cheap. The unit is compact enough to fit on a desk or shelf without dominating the space. At 1.48kg empty, it’s also portable if you need to move it between locations.

Port Layout

Front:

  • 1x USB 3.2 Gen 2 Type-A (with One Touch Copy button)
  • Power button with LED indicator
  • Status LEDs (System, Network, Drive 1, Drive 2)

Back:

  • 2x 2.5GbE RJ45 ports
  • 1x USB 3.2 Gen 2 Type-A
  • 2x USB 2.0
  • 1x HDMI 2.1
  • Kensington lock slot
  • Power input

Bottom:

  • 2x M.2 2280 NVMe slots (accessible via bottom panel)

The M.2 slots are accessed by removing a panel on the bottom. This isn’t ideal for frequent changes, but SSD caching is typically a set-and-forget configuration, so it’s not a significant issue.

Noise and Thermals

The TS-264 uses a single 70mm fan for cooling. At idle with SSDs, it’s nearly silent. With spinning hard drives, the drives themselves produce more noise than the fan. Under load, the fan ramps up but remains reasonable for a home environment.

The Intel N5105 runs cool, and I never observed thermal throttling during extended transcoding or file transfer sessions. The bottom-mounted M.2 slots do benefit from some heatsinks on the SSDs if you’re using them heavily.

Performance

Network Transfer Speeds

With dual 2.5GbE ports, the TS-264 can theoretically achieve 5Gbps (~625MB/s) using link aggregation. In practice, single-client performance is limited to one 2.5GbE connection (~280MB/s), which is still 2.5x faster than gigabit.

Test Configuration:

  • 2x Seagate IronWolf 8TB in RAID 1
  • QNAP QSW-1105-5T 2.5GbE switch
  • Client PC with 2.5GbE adapter
TestSpeedNotes
Sequential Read (large files)278 MB/sNear 2.5GbE maximum
Sequential Write (large files)265 MB/sNear 2.5GbE maximum
Random Read (4K)42 MB/sHDD limited
Random Write (4K)38 MB/sHDD limited
With SSD Cache (Random)185 MB/sSignificant improvement

The dual 2.5GbE ports fully saturate with large file transfers. Random I/O is limited by the mechanical drives, but M.2 SSD caching provides substantial improvements for mixed workloads.

Plex Transcoding Performance

The Intel N5105 includes Intel UHD Graphics with Quick Sync, enabling hardware transcoding in Plex. This is a major advantage over ARM-based NAS devices.

Transcode ScenarioResult
4K HEVC → 1080p H.264✅ Smooth (1 stream)
4K HEVC → 1080p (2 streams)✅ Smooth
4K HEVC → 1080p (3 streams)✅ Smooth
4K HEVC → 720p (4 streams)✅ Smooth
4K HDR tone mapping✅ Supported (Plex Pass required)
Direct Play 4K HEVC✅ No issues

The TS-264 handles Plex transcoding excellently. For a typical household with 2-3 simultaneous streams, it has power to spare. The hardware transcoding keeps CPU usage low, leaving resources for other tasks.

Note: Hardware transcoding requires Plex Pass for 4K HDR tone mapping. Without it, HDR content may have washed-out colors when transcoding.

Docker and Virtualization

With 8GB RAM and an Intel x86-64 CPU, the TS-264 handles containerized applications well:

  • Container Station (Docker): Runs smoothly with multiple containers
  • Home Assistant: Works well
  • Pi-hole: Minimal resource usage
  • Nextcloud: Functional, better with SSD storage

Virtualization Station supports running Windows and Linux VMs, though the 8GB RAM limits how many you can run simultaneously. A RAM upgrade to 16GB helps if you plan heavy VM usage.

QTS Operating System

The TS-264 runs QNAP’s QTS operating system, a Linux-based platform with a desktop-like web interface. It’s feature-rich but has a steeper learning curve than Synology’s DSM.

Key Software Features

  • File Station: Web-based file manager with sharing, search, and preview
  • QuMagie: AI-powered photo management with facial recognition
  • Video Station: Media library management and streaming
  • Music Station: Music library with streaming
  • Hybrid Backup Sync: Comprehensive backup to local, remote, and cloud destinations
  • Qsync: Dropbox-like file synchronization across devices
  • Container Station: Docker and LXC container support
  • Virtualization Station: Full VM support
  • QVR Pro: Surveillance system with free camera licenses
  • myQNAPcloud: Remote access without port forwarding

QuTS hero Option

Starting with QTS 5.2.1, the TS-264 supports switching to QuTS hero, QNAP’s ZFS-based operating system. This provides:

  • Inline data deduplication and compression
  • Self-healing data integrity
  • Near-unlimited snapshots
  • WORM (Write Once Read Many) support

ZFS is more resource-intensive than ext4. With only 8GB RAM, I’d recommend sticking with QTS unless you have specific ZFS requirements. If you do use QuTS hero, consider upgrading to 16GB RAM.

HDMI Output and HD Station

The HDMI 2.1 port outputs up to 4K@60Hz. Connect a monitor or TV to use HD Station, which provides a local interface for:

  • Plex Media Player
  • Kodi
  • Chrome browser
  • Surveillance monitoring
  • Ubuntu Linux desktop

This transforms the TS-264 into a capable HTPC. However, HD Station hasn’t received major updates recently, and some apps feel dated. For pure media playback, a dedicated streaming device (Apple TV, Shield) offers a better experience.

M.2 SSD Caching

The two M.2 slots accept 2280 NVMe SSDs. Use cases include:

SSD Cache

Configure one or two SSDs as read-only or read-write cache to accelerate HDD performance:

  • Read-only cache: 1 SSD, accelerates frequently accessed files
  • Read-write cache: 2 SSDs in RAID 1, accelerates both reads and writes with redundancy

SSD caching significantly improves random I/O performance, benefiting applications like photo libraries, databases, and virtual machines.

Qtier Auto-Tiering

Qtier automatically moves frequently accessed data to SSDs and cold data to HDDs. It’s more sophisticated than caching but requires the SSDs to be part of the storage pool rather than dedicated cache.

All-Flash Storage Pool

You can use the M.2 slots as primary storage for applications requiring maximum IOPS. Combined with HDD storage for bulk data, this creates a flexible hybrid system.

Recommended SSDs

The M.2 slots are PCIe Gen3 x1, limiting theoretical throughput to ~1GB/s per slot. High-end Gen4 SSDs are overkill; mid-range options work fine:

TS-264 vs TS-464: Which Should You Buy?

The most common question: should you spend $147 more for the 4-bay TS-464?

FeatureTS-264 ($489)TS-464 ($636)
Drive Bays24
Max Capacity48TB96TB
CPUIntel N5105Intel N5105
RAM8GB8GB (4GB base option)
Network2x 2.5GbE2x 2.5GbE
M.2 Slots22
PCIe Slot❌ None✅ Gen3 x2
HDMIHDMI 2.1HDMI 2.0
RAID OptionsRAID 0, 1, JBODRAID 0, 1, 5, 6, 10, JBOD

Choose the TS-264 If:

  • You only need 2 drive bays (RAID 1 mirroring)
  • Space is limited — the TS-264 has a smaller footprint
  • You don’t need PCIe expansion (10GbE, etc.)
  • You want HDMI 2.1 for 4K@60Hz output
  • Budget is a primary concern

Choose the TS-464 If:

  • You want RAID 5 (requires 3+ drives for redundancy + capacity)
  • Your storage needs may grow beyond 2 drives
  • You want PCIe expansion options (10GbE, additional M.2)
  • $147 difference isn’t significant for your budget

My recommendation: If there’s any chance you’ll want more than 2 drives in the next 5 years, get the TS-464. The PCIe slot alone is worth the premium for future expandability. If you’re certain 2 bays are sufficient, the TS-264 is excellent.

TS-264 vs Synology DS224+

The DS224+ is Synology’s comparable 2-bay NAS. Here’s how they compare:

FeatureQNAP TS-264 ($489)Synology DS224+ ($340)
CPUIntel N5105 (4-core)Intel J4125 (4-core)
RAM8GB (16GB max)2GB (6GB max)
Network2x 2.5GbE2x 1GbE
M.2 Slots2 (NVMe)0
HDMIYes (HDMI 2.1)No
Price$489$340

The TS-264 offers significantly better hardware: faster CPU, 4x the RAM, 2.5GbE networking, M.2 slots, and HDMI output. The $149 premium buys substantial upgrades.

Synology’s advantage is software polish and ecosystem. DSM is easier to use, and Synology’s apps (Photos, Drive) are more refined. Choose Synology for simplicity; choose QNAP for hardware value.

Storage Configuration Recommendations

With only 2 bays, your RAID options are limited:

RAID 1 (Mirroring) — Recommended

  • Capacity: 50% (2x 8TB = 8TB usable)
  • Protection: Survives 1 drive failure
  • Performance: Read speeds can double; writes same as single drive

RAID 1 is the only sensible choice for data protection on a 2-bay NAS. You lose half your capacity but gain complete redundancy.

RAID 0 (Striping) — Not Recommended

  • Capacity: 100% (2x 8TB = 16TB usable)
  • Protection: None — any drive failure loses ALL data
  • Performance: Doubled read/write speeds

Only use RAID 0 for scratch space or data you can afford to lose completely.

JBOD — For Specific Needs

  • Capacity: 100% (drives appear separately)
  • Protection: One drive failure loses only that drive’s data
  • Performance: Single drive speed per volume

JBOD makes sense if you’re using different-sized drives or want to manage them independently with separate backup strategies.

Recommended Drives

DriveCapacityPriceBest For
WD Red Plus4TB$113Budget builds
Seagate IronWolf8TB$200Best value
Seagate IronWolf12TB$269Large libraries
IronWolf Pro16TB$350Maximum capacity

Setup and Initial Configuration

Setting up the TS-264 is straightforward:

  1. Install drives — Slide into tool-less trays
  2. Connect power and ethernet
  3. Find NAS — Use Qfinder Pro or navigate to your router’s DHCP client list
  4. Run setup wizard — Accessible via web browser
  5. Configure storage pool and volume
  6. Create user accounts and shares

The setup wizard guides you through the process, though QTS has more options than Synology, which can be overwhelming for beginners. Plan for 30-60 minutes for initial setup, plus time for drive initialization (which runs in the background).

Who Should Buy the QNAP TS-264?

Ideal Users

  • Plex users with smaller libraries who need hardware transcoding
  • Home users wanting backup, file sharing, and media in a compact package
  • Photographers who want AI photo organization with QuMagie
  • Docker enthusiasts who only need 2 drive bays
  • HTPC users who want HDMI output to a TV
  • Space-constrained setups where a 4-bay is too large

Not Ideal For

  • Users who may need more storage — get the TS-464 instead
  • 10GbE networking — no PCIe slot for expansion cards
  • Heavy virtualization — 8GB RAM is limiting (though upgradeable)
  • RAID 5 users — requires 3+ drives
  • Ultra-budget users — the TS-233 ($199) is more affordable

Pros and Cons

Pros

  • Excellent Intel N5105 performance with hardware transcoding
  • Dual 2.5GbE ports for fast networking
  • Two M.2 NVMe slots for caching
  • HDMI 2.1 output (4K@60Hz)
  • 8GB RAM included (upgradeable)
  • Compact form factor
  • QuTS hero (ZFS) support
  • USB 3.2 Gen 2 ports (10Gbps)

Cons

  • No PCIe slot for expansion (unlike TS-464)
  • Only 2 drive bays limits RAID options and capacity
  • M.2 slots on bottom require disassembly to access
  • QTS learning curve for beginners
  • Price premium over ARM-based alternatives

Frequently Asked Questions

Is the QNAP TS-264 good for Plex?

Yes, the TS-264 is excellent for Plex. The Intel N5105 CPU includes Quick Sync hardware transcoding, handling multiple 4K HEVC streams simultaneously. It supports HDR tone mapping with Plex Pass. For most households, it has power to spare.

Can I upgrade the RAM in the TS-264?

Yes, the TS-264’s RAM is upgradeable to 16GB. It uses DDR4 SODIMM modules. The upgrade requires opening the unit. Third-party RAM works, but check compatibility lists. The factory 8GB is sufficient for most users.

Should I get the TS-264 or TS-464?

Get the TS-464 ($636) if you might need more than 2 drives, want RAID 5, or need PCIe expansion for 10GbE. Get the TS-264 ($489) if you’re certain 2 bays are enough and want to save $147. Both have the same CPU and core features.

What hard drives work with the TS-264?

The TS-264 works with any 3.5″ or 2.5″ SATA drive. We recommend NAS-specific drives like Seagate IronWolf or WD Red Plus for reliability and 24/7 operation. Avoid SMR drives and desktop drives (WD Blue, Seagate Barracuda).

Does the TS-264 support 10GbE?

No, not directly. The TS-264 lacks a PCIe slot, so you cannot add a 10GbE card. It has dual 2.5GbE ports (~280MB/s each). If you need 10GbE, consider the TS-464 which has a PCIe Gen3 x2 slot for a 10GbE card.

Is the TS-264 noisy?

The TS-264 is relatively quiet. The single 70mm fan is nearly silent at idle. Most noise comes from the hard drives themselves. With SSDs, it’s almost inaudible. Fan noise increases under heavy load but remains acceptable for home use.

Verdict: Should You Buy the QNAP TS-264?

The QNAP TS-264 is the best 2-bay NAS you can buy if you need Intel features. It packs hardware transcoding, dual 2.5GbE, M.2 caching, and HDMI output into a compact chassis. For Plex users, Docker enthusiasts, and power users who only need 2 drive bays, it’s an excellent choice.

The main question is whether 2 bays are enough. If there’s any doubt, spend the extra $147 on the TS-464 for 4 bays and PCIe expansion. But if you’re confident in your storage needs, the TS-264 delivers exceptional value with no compromises on features.

Rating: 4.5/5

Pros: Excellent performance, feature-packed, great 2.5GbE networking, M.2 slots, hardware transcoding, compact size.

Cons: No PCIe expansion, 2-bay limitation, M.2 access requires disassembly.

Bottom Line: The TS-264 proves that 2-bay NAS devices don’t have to compromise on features. If you know 2 bays are sufficient, this is the one to get.

Recommended

QNAP TS-264-8G

2-Bay, Intel N5105, 8GB RAM, 2x 2.5GbE, 2x M.2 NVMe, HDMI 2.1

The best 2-bay NAS for power users. Full Intel features including hardware transcoding, dual 2.5GbE networking, M.2 caching, and HDMI output in a compact form factor.

$489
Check Price

Complete Your Setup

Recommended Hard Drives

Best Value

Seagate IronWolf 8TB

7200RPM, 256MB Cache, 3-Year Warranty

The best balance of capacity, performance, and price for most TS-264 builds. IronWolf Health Management integration with QNAP.

$200
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Budget Pick

WD Red Plus 4TB

5400RPM, CMR, 3-Year Warranty

Affordable NAS drive with CMR technology. Good choice for budget builds or users with smaller storage needs.

$113
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Networking Upgrades

2.5GbE Switch

QNAP QSW-2104-2T

4x 2.5GbE + 2x 10GbE, Unmanaged

Affordable switch to utilize the TS-264’s dual 2.5GbE ports. Includes 10GbE uplinks for future expansion.

$119
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PC Upgrade

Sabrent USB 2.5GbE Adapter

USB 3.0 to 2.5GbE, Plug-and-Play

Add 2.5GbE to any computer via USB. Essential for taking advantage of the TS-264’s faster networking.

$25
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M.2 SSDs for Caching

Best Performance

Samsung 990 PRO 1TB

PCIe 4.0, 7450MB/s Read, 5-Year Warranty

Premium NVMe SSD for cache or storage pool. Overkill for Gen3 x1 slots but excellent endurance and reliability.

$200
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NAS-Optimized

WD Red SN700 1TB

PCIe 3.0, NAS Endurance, 5-Year Warranty

Purpose-built for NAS caching with high endurance rating. Premium price but designed for 24/7 operation.

$360
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Power Protection

Recommended UPS

CyberPower CP1500PFCLCD

1500VA/1000W, Pure Sine Wave, USB Monitoring

Pure sine wave UPS with enough capacity for TS-264 plus router and modem. USB connection enables automatic graceful shutdown.

$240
Check Price

Related Resources


Last Updated: January 2026

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Written by

James Idayi