The Best Treadmill Under $500 in 2020

When investing money in a treadmill, the more money you are willing to spend, the better quality and results you will get. The budget treadmill market offers a lot of running machines that function fairly well at reasonable prices.

Keep in mind that most of the entry-level models struggle to deliver basic things that are found in our $500 price range treadmills. To be more specific, we mean more reliable motors, incline options, and adequate belt space.

FUNMILY Folding Treadmills for Home 

This treadmill has a table holder that gives it a high-end feeling and can solve your thirst problem while doing your workout. In the meantime, the grip pulse sensor monitor checks your heart rate for optimal fitness results.

For a quick read, you will just have to grip the sensors and watch the results on the led display. This model comes in two colors for your choice- golden and black. It is really easy to move around and offers you a quick-folding design for convenient transport.

The running belt is 16.5*40inches width/length, and it has grass pattern, anti-slip design to offer you traction control while running. The multi-functional LED display tracks your performance in terms of time, distance, speed, steps, and calories, providing you an effective and excellent home workout.

This is one of the best treadmills for under $500 with 2.25 HP motor and many primary and secondary features that you will appreciate.

OMA Home Folding Incline Treadmills for Running and Walking Exercise

This model uses a motor that can output max 2.25 HP to support more than forty minutes of running or walking at any time. All the controls like start and stop buttons you will find on the fast control handle.

You can also adjust your speed of running or stop it at any moment. The running belt is 16.5″ X 50″ large to offer you comfortable feeling and protect your knees while running.

This treadmill has an LCD display and fitness monitor to track your heart rate, distance, speed, and calories so that you can do your workout in a more effective way. It offers you three workout programs, and 36 presets.

This is the best budget treadmill under $500 that comes with all of the most essential features that you will need to perform your workout efficiently and safely.

XTERRA Fitness TR150 Folding Treadmill

This is excellent quality and top-rated foldable treadmill that does the simple things well. It comes with a 2.25 HP motor to provide you with a quiet and smooth operation with a speed of up to 10mph.

This treadmill also features three manual incline settings for walking, lighter running, and jogging. It has a relatively small unlit 5″ LCD display that keeps you updated on speed, incline, time, distance, calories, and pulse.

This treadmill offers you twelve preset workout programs that you can choose from a simple and functional control panel. You will also enjoy the functionality of a heart rate monitor built into the handles. This is undoubtedly one of the best treadmills under $500.

It is a high-quality machine and budget-friendly- one of the best value options in this range.

Sunny Health & Fitness Folding Treadmill with Device Holder, Shock Absorption and Incline

This is the top-rated sunny health folding treadmill that features a decent 49″ x 15.5″ running belt, which isn’t very large but still works for most light runners or joggers. On the other hand, you are provided with a strong motor of 2.2 HP that will deliver a speed of up to 9mph.

The sunny health treadmill features a bright LCD display to check your workout feedback. It has nine preset programs that you can choose from and a pause option – to avoid losing your workout data when stopping the treadmill, it also has a heart rate monitor, quick speed button, and a safety key.

Sunny Health is the best treadmill under $500.00 that shows off great value and functionality. You can easily fold and unfold it in your living room, and most of all – it is very durable and will last you for a long time since it is made of top quality materials.

MaxKare Folding Treadmill Electric Motorized Running Machine

This is one of the sturdiest treadmills in the midrange market with really attractive features in addition to its attractive low cost. It has a relatively quiet motor that offers average speeds of up to 8.5mph. It also has a sizeable multi-layer running belt perfectly suitable for all types of running, jogging, etc.

This is a foldable treadmill with a really simple folding system. It has some appealing features such as a three-angle incline option, controls built into the handles, and a heart rate monitor. It also has a central control panel with a backlit LCD screen to check your workout stats such as speed, time and calories burned.

This is the best treadmill for home under$500 with some outstanding features that you will find useful for your health fitness.

Merax Electric Folding Treadmill – Easy Assembly Fitness Machine with Speakers 

This model comes nowhere near the $500 price cap for this range but comes with some really essential features that make it an excellent choice for joggers. It has an easy to use the central console with LED display and built-in aux speaker system to amplify your tunes while you work out.

We recommend this treadmill to lighter joggers or to those with smaller strides since it’s running belt is smaller than the usual models you are aware of -43.3″ x 15.7″. The maximum speed you can achieve with this model’s motor is up to 7mph.

Even with all the cons, this treadmill feels well made and sturdy, and the running belt has a comfortable anti-slip texture. It doesn’t cost much, considering our price range, this is one of the cheapest treadmills.

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

This is a foldable treadmill with two sport models – you can use it as running or as an under-desk walking treadmill. It has a powerful and ultra-quiet motor that provides you with a comfortable sports environment without disturbing people around you. The running belt has five layers and is shock-absorbing.

The treadmill can be connected to your phone via Bluetooth, offering you an amplification of your tunes while you exercise. You also get a remote control and a safety key for pausing or stopping in an emergency.

This treadmill comes with a year warranty. Its foldable design makes it easy for transportation wherever you go. This is the best treadmill for under $500 perfectly suitable for your health fitness exercises.

Features to Look for When Buying a Treadmill

Here we will focus our attention on the features often seen in this category of treadmills and what you should look out for. Let’s start!

  • Design

The overall design of the treadmills under $500 is pretty basic, and they are far from the swish high-end running machines you will find in most commercial gyms, but still, you can expect something that will look pretty decent in a modern living room or office.

Another outstanding feature for a treadmill is to be foldable, which is essential in areas that are not dedicated home gyms, flats, or small and tight places.

  • Core Components

The best treadmills under $500 are motorized and use motors with decent power – around two horsepowers or above. Some models boast a top speed of 10 mph, but most of the models have an average rate of 7 to 8 mph.

The treadmills in this price range are perfectly suitable for speed walkers and joggers. If you are a fast runner or a sprinter, then you should probably look for higher-end categories,since they come with more powerful motors.

  • Incline Selection

There are significant improvements in this selection. Budget model treadmills do not feature incline control. If you push up to $500, you will get pretty standard or manual incline – you go off the machine to change the settings.

In some cases, you can find models with motorized incline controls with up to 10% of incline at the touch of a button. You will be able to change the gradient while doing your workout just by using the control panel. If this is an essential feature for you when buying a treadmill, make sure to check whether the incline is motorized or manual.

  • Belt Size

Another crucial consideration is the size of the running belt since these budget treadmills do not offer large areas on which to run, unlike the gym-grade treadmills that you are probably used to.

In order to keep costs as low as possible, manufacturers offer shorter and narrower belts, but the size of the belts on treadmills under $500 is still more significant than those on entry-level models.

This is not much of a problem when walking, but it can be – if you increase the speed, the stride becomes more extended, which may cause you to fall and hurt yourself badly. This is something to be considered before purchasing, especially if you are taller, then you should probably invest more money in a machine to get a better experience.

  • Control Module

Control modules are usually different and tend to vary from model to model. Some are quite simplified, while others are complicated, with many buttons spread all across the main panel and the handles.

There are also treadmills with different LCD display monitors – some are small and need external lighting to be seen while others are big, detailed, and backlit. This is probably not the most essential feature, and how much importance you put on this is up to you. Our recommendation is to check for built-in preset programs tailored towards athletic performance and fat loss.

  • Secondary Features

The best treadmills for home under $500 have a few secondary features that are quite basic. For example – a safety tether to attach to yourself, this probably isn’t the most fascinating thing on a treadmill. Still, it is a vital feature to ensure the machine automatically stops if you faint, fall, or collapse.

For this price range, you can afford a variety of features like integrated speakers, Bluetooth support, and handle-mounted heart rate monitors. These are attractive features, but their quality won’t be the finest on the market considering our budget line.

Our recommendation is to check if the treadmill delivers a strong core performance and then focus your attention on secondary features as a bonus.

Wrap up

Before buying a treadmill, consider your needs. Most of the best treadmills under $500 offer different workout programs, which is an essential feature. Looking for budget-friendly treadmills, it gets harder to find one with a powerful motor to provide you with up to 10 mph.

As you have read in the reviews above, all models have preset workout programs, but none of them have that much of a powerful motor. That is why it is really important to consider what will suit your purposes – whether you are a walker, jogger, or fast runner, there are treadmills for everybody in this price range.

You do not need to throw hundreds of dollars to get a treadmill with proper workout programs that will fit your needs. When we compare the models in our price range with the beginners’ models, there are substantial differences in motors.

A more reliable motor means higher speed and smoother performance. Also, the more money you are willing to spend, the longer the running belt will be. This is the reason there are so many different treadmills on the market today.

Last update on 2020-10-01 at 13:33 / Affiliate links / Images from Amazon Product Advertising API