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10 Best Treadmills Under $500 (2020 Reviews)

If you want to save money and time for going to the gym to get your daily exercise, or simply want a way to complete your 10,000 daily steps without having to walk outside in the cold and rain, you can easily do it with an inexpensive treadmill.

While there are some advanced treadmills that will cost you a thousand and more dollars, there are others that are much more affordable and can fit into a budget of less than $500.

Here are the best treadmills under $500 you can buy on the market right now.

Best overall

XTERRA Fitness TR150 Folding Treadmill Black

Motor

2.25 HP

Speed

0.5 to 10 mph

Incline

3 manual incline settings

Belt size

16 x 50 inches

Folding

Yes

Unfolded size

63.4 x 28.75 x 51.4 inches

Folded size

28.5 x 28.75 x 61 inches

Weight

109.3 lbs.

Weight capacity

250 lbs.

Features

12 preset programs, 1.4mm belt, a large LCD display, space-saving

Overview

This affordable treadmill costs just over $320 and has everything you will need to start losing weight and getting fit in the comfort of your home.

It has a comfortably large walking and running belt of 16 x 50 inches, as well as 12 preset programs to choose from for a wide variety of workouts.

The belt offers shock absorption to keep you comfortable, and your feet and ankles safe from shock from the impact when walking or running on it.

The handgrips have pulse sensors and will help you monitor your heart rate and keep you in your preferred training zone.

The reasonably priced treadmill can incline to 3 positions, and make your workouts even more efficient.

It has side rails for safety, and a large LCD display so you can keep an eye on your progress, and monitor your speed, time, incline, calories burnt, distance and your pulse.

You can also quickly access one of 9 speed settings from the control panel with a single touch of a button and adjust the speed easily from 0.5 to 10 mph.

It has a convenient folding design as well as transport wheels, so you can just fold it up and roll it away when you are done.

Pros

  • Great value for a low price
  • A powerful motor and a top speed of 10 mph
  • Comfortably large belt size for this price range
  • Three incline settings
  • 12 preset programs
  • Quick speed settings

Cons

Manual incline adjustment

The runner-up

MaxKare Folding Treadmill Electric Motorized Running Machine 17”

Motor

2.5 HP copper, quiet

Speed

0.5 to 8 mph

Incline

3 manual adjustable inclines

Belt size

17 x 43 inches

Folding

Yes

Unfolded size

53.39 x 26.18 x 45.95 inches

Folded size

28.47 x 26.18 x 46.42 inches

Weight

91 lbs.

Weight capacity

220 lbs.

Features

15 preset programs, one-touch operation, large LCD screen, 5-layer running belt, easy speed control

Overview

This is another treadmill that will cost you less than $320 and will help you stay in shape at home.

It has a large walking and running area for its range, and you can adjust the incline to three angles for easier and more challenging workout sessions.

There is an easy to access control panel with touch buttons and a large LCD display to monitor the settings, as well as your stats, including your time, distance, speed, calories burnt, and heart rate.

You can also easily any of the 15 preset workout programs so you will have the variety you need to stay motivated, and the choice of picking the most suitable program for your fitness levels and your needs.

The inexpensive treadmill has a good 2.5 HP copper motor, which is quiet and won’t disturb your neighbors and the other people in your home.

Once you are done with your walk or run, you can easily fold the treadmill and store it away by pushing it on the added transport wheels.

Pros

  • 15 preset programs
  • Powerful and quiet motor
  • Adjustable inclination
  • Easy speed adjustment via the armrest controls
  • 5-ply rubber running belt for shock absorption and durability
  • Foldable design with transport wheels for easy mobility and storage

Cons

  • You need to adjust the inclination manually
  • It may not be suitable for taller people

Best bang for the buck

Thegreatshopman Folding Electric Treadmill 2HP

Motor

No info available

Speed

0.6 to 6 mph

Incline

3 manually adjustable inclines

Belt size

14 x 37 inches

Folding

Yes

Unfolded size

45 x 47.5 x 20 inches

Folded size

48 x 23 x 20 inches

Weight

No information available

Weight capacity

220 lbs.

Features

12 preset programs, rolling wheels, safety key, heart and speed settings on the handrails, 2 cup holders, and mobile phone shelf

Overview

This is the best budget-friendly treadmill you can find on the market right now.

The inexpensive treadmill is easy to assemble and also easy to fold and unfold.

It has an LCD display and 12 preset programs to choose from.

The speed can be adjusted via the buttons on the handlebars. There are also pulse sensors there so you can keep an eye on your heart rate, and make sure you stay in your desired fitness zone.

This affordable treadmill can also be inclined in three positions to make your workouts easier or harder according to your preferences.

Pros

  • Inexpensive
  • 3 incline positions
  • 12 preset programs
  • Safety key
  • Pulse sensors
  • Cup holders and phone shelf

Cons

  • Not as sturdy as the higher-end treadmills
  • A small walking or running space

The rest of the best treadmills for under $500

ANCHEER Upgraded Electric Treadmill

Motor

No info available

Speed

0.5 to 6 mph

Incline

No

Belt size

15 x 40 inches

Folding

Yes, flat with transport wheels

Unfolded size

50.39 x 23.62 x 46.45 inches

Folded size

50.39 x 23.58 x 9.45 inches

Weight

59.52 lbs.

Weight capacity

220 lbs.

Features

Space-saving foldable design, 12 preset workout programs, low noise motor, emergency switch-off button and safety key, shock-absorbing, a lawn-like texture of the belt, pulse sensors on the handlebars

Overview

The Ancheer treadmill is very easy to set up and has a special space-saving design, so it is perfect for people with limited living and storage space. It folds down to just 9.45 inches, so you can easily roll it to your closet, or hide it away under the bed.

It is a decent treadmill with a good belt size, suitable for walking and jogging.

The affordable treadmill is quiet and runs smoothly.

With the 12 preset workout programs, you will have a new workout to perform every day, so you don’t get bored and give it up.

It is perfect for people looking for ways to stay fit and healthy or for physical therapy without spending hundreds and thousands of dollars.

Pros

  • It can easily fold and be stored under the bed or upright behind a door
  • Quiet operation
  • 12 preset programs to choose from
  • Anti-slip belt
  • Safety key and button
  • Large display
  • Easy to assemble

Cons

  • It does not incline

Merax Electric Folding Treadmill –Motorized Jogging Machine with Speakers

Motor

1.5 HP

Speed

0.5 to 7.5 mph

Incline

No

Belt size

15 x 43 inches

Folding

Yes

Unfolded size

43 x 55 x 20 inches

Folded size

29.5 x 23.5 x 49 inches

Weight

64 lbs.

Weight capacity

240 lbs.

Features

12 preset programs, 3 countdown modes, USB port, and speakers,

Overview

Pros

  • It costs less than $300
  • Built-in stereo speakers and a USB port
  • Easy to set programs and speed
  • Relatively large walking or running belt
  • Space-saving foldable design

Cons

  • Some users complain that the mileage and calorie reading are not always correct
  • It doesn’t incline

Merax Fitness Folding Treadmill – Electric Motorized Exercise Machine

Motor

500 watts

Speed

0.62 to 7.5 mph

Incline

3 incline positions

Belt size

15 x 44 inches

Folding

Yes, folds flat

Unfolded size

53 x 25 x 43.7 inches

Folded size

53 x 25 x 22.3 inches

Weight

70 lbs.

Weight capacity

220 lbs.

Features

Foldable with transport wheels, manual inclination adjustment, quiet motor, lifetime warranty for the frame

Overview

This affordable treadmill by Merax is a great running and walking exercise machine for home or office use.

The frame is sturdy and comes with a lifetime warranty. The motor, too comes with a lifetime warranty by Merax.

The treadmill is very easy to assemble, fold, and unfold, so you can easily put it away when it is not in use.

The belt has a decent walking and running size and has shock-absorbing features to keep your feet, legs and joints safe from pain and injury.

It is easy to set via the user-friendly control panel, and you can monitor your progress on the display situated conveniently in front of you.

Pros

  • Quiet and smooth running
  • Easy to fold for space-saving and storage
  • Large LCD display
  • Sold with a lifetime warranty for the frame and motor, and 1 year for the parts
  • 4 layer non-slip belt
  • Costs under $220

Cons

  • No speakers or other added features

ANCHEER 2 in1 Folding Treadmill, 2.25 HP Smart Walking Running Machine

Motor

2.25 HP

Speed

Up to 2.5 mph in collapsed mode, and up to 7.45 mph when unfolded

Incline

No

Belt size

16 x 44 inches

Folding

Yes

Unfolded size

49 x 27 x 42 inches

Folded size

52 x 27 x 5 inches

Weight

Information not available

Weight capacity

220 lbs.

Features

It can be used as a regular or as an under the desk treadmill, large LCD, integrated Bluetooth speaker,  a phone bracket, a remote control, safety key, detachable rails,

Overview

This inexpensive treadmill is one of the most versatile products on our list of treadmills under $500.

It can be used as a regular treadmill for walking, jogging, or running, as well as an under-the-desk treadmill to keep you active and fit even when you are working.

The treadmill folds up easily and has a speed limit when used in collapsed mode under the desk for your safety.

It has a pretty large walking or running belt with shock absorption properties and is sold with a 12-month warranty.

This treadmill also comes with more features than other products on this list, including – a built-in Bluetooth speaker, a remote control, and a phone bracket.

Pros

  • You can also use it as an under the desk treadmill safely
  • Foldable and easy to store
  • Rebound shock absorption
  • 2-in-1 design
  • Remote control, phone bracket and Bluetooth speaker
  • 12-month warranty

Cons

  • It does not incline

Goplus 2 in 1 Folding Treadmill, 2.25 HP Under Desk Electric Treadmill

Motor

2.25 HP

Speed

0.62 to 2.5 mph when used under the desk, and 0.62 to 7.45 mph when used as a regular treadmill

Incline

No

Belt size

16 x 40 inches

Folding

Yes, flat and into an under the desk treadmill

Unfolded size

49 x 27 x 42 inches

Folded size

52 x 27 x 5 inches

Weight

Not available

Weight capacity

220 lbs.

Features

Made of durable ABS, Bluetooth speaker, non-slip running belt, safety key, remote control, phone holder, wheels for easy portability

Overview

This is yet another 2-in-1 treadmill that you can use at home or while working. It can be unfolded into a traditional treadmill that can run at a speed of up to 7.45 mph. When used as an under-the-desk exercise tool, it will run at a speed of only up to 42.5 mph for your safety and comfort.

It has a powerful and quiet motor of 2.25 HP, and a noise level of less than 60 dB.

This treadmill has an adjustable, shock-absorbing running belt, as well as a built-in Bluetooth speaker, a smartphone holder, and a remote control for added convenience.

It is very affordable, and takes up very little space, especially when folded.

Pros

  • 2-in-1 versatile design
  • A quiet and yet powerful motor
  • Remote control
  • An integrated Bluetooth speaker
  • Has a safety speed limitation when used under the desk without the handlebar

Cons

  • It doesn’t incline

GYMAX Walking Jogging Electric Running Machine Treadmill for Seniors

Motor

0.75 HP

Speed

0.4 to 4 mph

Incline

No

Belt size

15 x 45.4 inches

Folding

No

Unfolded size

56 x 26 x 44 inches

Folded size

No

Weight

66 lbs.

Weight capacity

220 lbs.

Features

Designed for seniors with all safety features they need, LED display, extra-long safety handles, solid frame, safety key and emergency stop button, protective foot pads

Overview

This is the safest of all of the treadmills for under $500 on the list and is the safest one to use by seniors or people recovering from injury, surgery or mobility problems.

With this treadmill, you can complete your 10,000 daily steps easily and without fear of falling or getting injured, thanks to all the safety precautions it includes.

The treadmill is not foldable, but it has sturdy extra-long safety rails and handles, an emergency button, and a safety key that switches the machine off in case the user falls.

It also has a limited speed of just up to 4 mph to prevent incidents.

Pros

  • The safest of all treadmills on the list
  • Suitable for elderly or people with injuries or other mobility issues
  • Longer safety handles
  • Safety key and emergency stop
  • Made of sturdy steel and ABS

Cons

  • It doesn’t fold for easier portability and storage
  • Limited speed

Julyfox Home Running Treadmill with Incline, Electric 2.25 HP Motorized

Motor

2.25 HP

Speed

0 to 9.5 mph

Incline

Yes, 3 manual levels

Belt size

16.5 x 45 inches

Folding

Yes, via a hydraulic soft drop system

Unfolded size

60 x 26.7 x 50 inches

Folded size

62 x 29 x 13 inches

Weight

101 lbs.

Weight capacity

250 lbs.

Features

12-speed programs, 6 quick speed buttons, 2 cup holders, 6 shock-absorbing cushions, speed adjustment on the handrail, 5 inch LCD display, heart rate sensors, soft drop system for easy folding, safety key, tablet holder

Overview

This inexpensive treadmill has a large control panel with a display which is easy to see even when you are exercising, and even easier to adjust as you are moving.

There are quick access start and stop buttons on the handlebars, as well as heart rate sensors, which will automatically detect your pulse and display it on the 5 inch LCD screen.

The treadmill has a wide belt of 16.5 inches, which you can use for walking, jogging, and running. The machine has 6 added cushions for shock absorption to prevent injuries from heavy impact while walking or running. It also has a safety key which will switch the motor off automatically in case you happen to fall while exercising.

To make your workout even more efficient and challenging, you can adjust the incline of the belt to three different settings every easily.

It also has 12 preset speed programs, so you can choose the perfect intensity from a speed of up to 9 mph.

The treadmill has a hydraulic soft drop folding mechanism for effortless folding and unfolding.

When it is folded, you can store it upright, as it can stand up on its own without the risk of toppling over.

Although it costs a fragment of what higher-end treadmills cost, this one has a sturdy steel frame that can withstand a lot of intensive use.

It has a tablet holder so you can stay entertained as you exercise, as well as two cup holders so you can stay hydrated during your long walks, jogs, or runs.

A huge plus is that you will receive this unit completely assembled and ready to use.

Pros

  • 12 preset programs
  • It comes assembled
  • A wide and long belt size
  • Shock-absorbing cushions to keep you safe
  • Durable frame and construction
  • Easy to fold and unfold via the hydraulic soft drop feature

Cons

  • No built-in speakers like some of the other products on the list

Features to look for when shopping for a treadmill under $500

Since buying a treadmill, even if it is one within the $500 range, is still a pretty serious investment, you must make sure that you buy the right home workout machine which will suit your needs and meet your expectations.

Here are the characteristics to pay attention to when buying a treadmill for home use:

The motor horsepower

Since the horsepower delivered by the motor is crucial for the performance of the machine, you should pay attention to the type of motor the treadmill of your choice has.

If you are planning on using the treadmill for intense runs and workouts every day or several times a week, you should opt for one which has a horsepower (HP) of 2.5 to 3.0.

Also, if you are heavier, you should choose a treadmill that has a motor powerful enough to work seamlessly with you running on it.

On the other hand, if you need a home treadmill for rehabilitation or just for completing your 10,000 steps at a slow pace, you can easily go for one which offers less power.

The speed

The speed of the treadmill you choose also depends on the kinds of workouts you are planning on performing. If you want a treadmill for intensive running, then you should definitely go for one which has a higher speed range.

For walking, for under-the-desk use, for use by seniors, or for physical therapy, you can choose a safer option with a lower speed range.

The incline

A treadmill that can be inclined offers more opportunities for making your workouts challenging and more efficient. So, if you want to push yourself a little more to lose more weight or get in better shape, then you should choose one which can be inclined.

The belt size

This is the walking, jogging, or running area, so choose a treadmill with a belt size which is sufficient to fit your stride while walking, jogging or running.

The taller you are, the wider and longer the belt should be so that you can exercise comfortably without restraints, or danger of accidents.

Foldability

Foldable treadmills are very useful if you have limited space for keeping a non-folding one in your home or office.

When collapsed, these treadmills take up much less space and are easier to move around and store away.

Some of the affordable treadmills on this list can be folded flat, so you can even store them under a bed for space-saving purposes.

Dimensions

First, allocate a spot for your treadmill and measure it and then start looking for one that will comfortably fit there.

You will need some space to move around it, get on and off of it, so make sure you measure both the workout area and the storage area, and add some inches to them, to pick a adequately sized treadmill for your needs.

Weight

The weight of the treadmill is particularly important if you are planning on moving it from one room to another, or for storage. It also is essential if you are going to carry it home when you buy it or get it delivered.

Thankfully, many of the treadmills among our top picks on this list have transport wheels for easier mobility.

The weight capacity

How much weight can the treadmill handle is also essential, especially if you or someone in your household is on the heavier side.

You should choose a machine which can withstand and work properly when you or someone else at home is using it, so pay attention to the weight capacity of the machine before you buy it.

Other features

As you can see from our list of the best treadmills for under $500, even these budget-friendly home exercise machines have some added features which make them better, more comfortable, and safer.

Some treadmills have built-in speakers, USB ports, Bluetooth speakers, phone or tablet holders, cup holders, and other added extras which will make your workouts more enjoyable.

Safety features like having a safety key, an emergency stop button, and others are also essential, especially if the treadmill will be used by children, seniors, or people with injuries, illnesses and other mobility problems.

The cushioning of the belt is another vital feature to keep in mind, especially if you will be using the treadmill for intensive runs and workouts. Proper cushioning and shock absorption will help prevent injuries in the legs, feet, and joints, which can occur from the massive impact of your heels hitting a hard surface repeatedly.

Also, most treadmills have preset exercise programs that you can pick from easily for the workouts you want. This will save you the hassle of having to adjust the speed, time, calories and others manually one by one.

Another essential feature to look at is the control panel of the treadmill. It should be easy to view, understand, and adjust even while you are working out.

Last update on 2020-05-26 at 01:15 / Affiliate links / Images from Amazon Product Advertising API

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