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7 Best Treadmills Under $500 – Top Picks and Reviews

If you’re looking for the best treadmill under $500, you’re welcome. Most treadmills in this price range are classic treadmills, exercise machines that can help you simulate the act of walking and running – and will help you get fit either as stand-alone cardio equipment or as additional equipment for your home gym. With a budget treadmill, you can maintain a great cardio exercise within thirty minutes in your home.
These recommendations are based on ratings, reviews, and recommendations from users of these treadmills. In this article, you will find the best treadmill for under $500 for your home. We’ll uncover our top picks, factors to look out for, Pros and Cons, and finally, the recommendations for the best one. All items featured here are affordable, so newbies who are not yet willing to invest in a higher-end exercise piece of equipment can have a piece of the cake too.
Best Treadmills Under $500
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Reviews of the best treadmill under $500

XTERRA Fitness TR150 Folding Treadmill

Selling for $422.73 on Amazon with a rating of 4.5 stars, the XTERRA Fitness TR150 is a low-priced, home use treadmill designed to be used by beginners intermediate level trainees.
This model is powered by a 2.25 HP motor with a maximum speed of 10mph and a max user weight capacity of 250 lbs. it has a running track that is 16-inches wide and 50-inches long. It comes with a large, easy-to-read LCD that provides you with your essential training data as well as heart rate, speed, distance, and calories burned, allowing for effective monitoring to ensure you maintain your training limits.
It is also packed with 12 pre-set workout programs and various professionally designed workouts, ranging from fat burn to cardiovascular endurance and heart rate-based. It has three manual incline adjustment settings to allow for a maximum incline of the running surface. It has a durable frame that is supported by heavy-duty plastic moldings for the other components.
It is compact and foldable, incorporates patented debt cushioning technology to provide extra support at your feet’ points of impact, and comes with a lifetime warranty on the frame, 12 months on the motor, and 90 days on parts and labor.


  • Lower price and great value
  • Compact
  • Speed
  • Adjustable incline
  • Impressive weight capacity
  • 12 built-in workout programs
  • XTRASOFT cushion deck for maximum impact absorption
  • Decent belt dimensions


  • Small running track
  • No cooling fan
  • Manual incline

The XTERRA TR150 folding treadmill is an excellent choice of in-house treadmills. It is not a machine for serious runners, but it will be appreciated by beginners and intermediate users alike. The pre-set programs are unmatched, it doesn’t make too much noise, and easy access speed keys allow the speed to accelerate quickly.

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Sunny Health and Fitness Treadmill (SF-T4400)

The sunny health and fitness treadmill is a highly recommended option and offers it all at just $200; the perfect low budget treadmill. Indeed, with the features, you will know you are getting your money worth. The treadmill is ideal for those who prefer walking exercise. It is designed to help you lose those extra pounds and stay in shape without necessarily visiting the gym.
It is durable and long-lasting; it comes with a nine built-in workout program, a high speed of 9 miles per hour, and a manual mode, which helps introduce variety to your workout program. The treadmill has two widely attractive features; it is compact and foldable. It can handle a weight capacity of 220lbs.
This machine can boast a running surface 16″ wide x 49″ long. Trainees can choose from 3 slight inclines during workout sessions. The treadmill has a simple LCD that tracks time, distance covered, speed, and calories burnt. It also comes with other features like a tablet rack holder, control keys for changing speed, handgrip pulse monitor. It is easy to maintain as it comes with assembling tools and lubrication oil in terms of maintenance.
Best Treadmills Under $500 3

  • It is cheap
  • It comes with nine workout programs in addition to manual mode add guidance and variety to treadmill exercise.
  • It has handrails controls, which makes it easier to adjust the speeds.
  • It comes with a shock absorption system.
  • Compact and foldable
  • It has a media ledge that supports a smartphone or tablet computer built into the treadmill’s console.


  • It has a low weight capacity.
  • It has a small track size.
  • It has a short warranty.

Compared to other treadmills in this category, the SF-T4400 has a wider workout selection and a longer track, plus a convenient rack for holding a tablet computer. It is a low-budget all-rounder performer that has numerous positive reviews and great user feedback. Equipped with all the necessary functions of a basic treadmill and an amazingly low price, I’d say this is one option you should consider if you’re on a budget.

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Weslo Cadence G 5.9

The Weslo Cadence G 5.9 is an entry-level folding treadmill for home use. It is for those who are new to working out, jogging, or walking and want a basic small-scale treadmill to begin with. With its affordable sale price and its petite size, it is one of the cheapest treadmills that still fit some shoppers’ checklists. Customers shouldn’t expect high quality at that price, but the remarkably low price is a big selling point, and people with smaller workout rooms appreciate the machine’s small size. It is not exactly the most impressive in terms of qualities, but it is generous to shoppers looking for a basic machine for occasional home use.
It is strictly meant for walking. It can’t serve as a runner’s treadmill because of its track size, horsepower, and top speed. It has a 50” long x 16” wide track, a 2.25 HP motor, and top speeds of 10mph. Treadmills for runners typically have 60” tracks. The G 5.9 has a manually adjustable ramp to help users increase calorie burn. It has two incline levels.
The console has a blue-tinted LCD that tracks speed, elapsed time, distance, and calories burned. The G 5.9 has a shirt warranty: one year warranty for the motor and 90 days for the parts and labor. It comes with six pre-set workouts, one-month free iFit membership, which works together with your internet. There are even integrated programs devised by professional trainers so you can choose the one that fits your fitness goals.


  • Sturdy and durable
  • Affordable
  • Comfortable cell cushioning
  • Folds up easily in a single step
  • Pre-set workouts


  • Warranty
  • Extra costs on iFit subscription
  • Very small track
  • It has a thin treadmill belt that moves over small rollers, which makes it noisy.
  • Manual incline

You get what you pay for with the G 5.9. It is the perfect treadmill for a limited space. It has good components and will stand up to daily exercising for a long time. It is a really good buy for this price range considering its components – the Weslo Cadence G 5.9 is a great personal fitness tool to invest in. Period.

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Sunny Health and Fitness SF-T7515 Smart Treadmill

The SF-T7515 is one of the most impressive treadmills you can find in the low-budget treadmill market. It is a walking/jogging treadmill with a light capacity motor. It comes with a fully upgraded console that allows you to adjust the gradient from 0% to 12% with just a push of a button. It comes with 12 pre-set programs,
It has a durable steel frame that allows a max weight capacity of 250 lbs. Its steel bars are corrosion-resistant. It offers stability, although it is a small machine. It has a foldable deck featuring a hydraulic ”soft-drop” mechanism to prevent any accidents or damage to the deck during unfolding.
It has a powerful but quiet motor that keeps you going for about 8 miles per hour – an ample for the vast majority. The easy-to-read LCD screen tracks time, distance, speed, and calories burned. It also allows you to keep track of incline and heart rate too. It also comes with several shock absorption points.
It is space conservative and comes with transportation wheels, making it easy to store away and extremely easy to get into position. The smart feature on the treadmill counts for something; you can seamlessly connect your smart device, which means you can receive calls and listen to your favorite playlists and songs as you work out. It also comes with a tablet holder, built-in accessory trays in the dashboard, and pulse sensors in the handlebars.


  • It is easy to set up.
  • LCD options
  • Wireless connectivity
  • Durable
  • Little maintenance required


  • Price
  • Small size
  • Fairly heavy

The SF-T7515 is a mid-range treadmill equipped with the basic features for walking/jogging. It is a decent piece of machinery for light to medium intensity workouts, muscle toning, recovery training, stamina development, and weight loss. It is also one of the most affordable treadmills at $599.

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Maxkare Compact Electric Folding Treadmill

The Maxkare compact possesses some excellent qualities, which is why it is on our list. It is one of the most desired pieces of equipment for a home gym. This treadmill is compact and easy to move about, which is the ideal machine for people living in a smaller space. If you are looking for a treadmill that balances quality, efficiency, and power, you don’t need to look far. The price is affordable; besides, it comes with a 15 pre-set program. It features a cup holder and an LCD that tracks all the mandatory data, among other qualities.
It doesn’t take more than an hour to put together by one person, but you can always have someone help you out. One of the advantages it has is its quiet motor. The anti-shock system works great.


  • It is easy to operate.
  • It is quiet
  • It is easy to assemble.
  • Sturdy
  • Good looking design


  • It has a limited weight capacity.
  • No transportation wheels

This is the best option if you are under 200 lbs. (or 220) and 6.2ft. The Maxkare Compact treadmill is one of the best affordable treadmills for a home gym on the market. It is especially useful for trainees who are just starting their running experience. It is great for running and walking.

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Confidence Power Plus Treadmill

This ridiculously priced treadmill happens to be the best ultra-low-budget treadmill out there. It is lightweight and foldable. It supports walking and light jogging with a speed range of 0.6 to 6.2 miles per hour. Unlike most treadmills, this model is small enough for under-the-bed storage.
Unfortunately, its low price tag obscenely suggests its low quality. This is why it is last on our list. The Confidence Power Plus is limited when compared with the average entry-level treadmill. Its most obvious shortcoming is the motor that clocks in a mere 600 watts – not even up to one horsepower, and 2.5 HP is the minimum for a good walking treadmill. Its weak motor makes the ironically-named Power Plus automatically turn off after 30 minutes of use, which means users can’t enjoy prolonged workouts.
It also has a cramped workout area and irritating noisiness during speed changes. It will interest you to know that this model isn’t focused exclusively on fitness. It doesn’t meet contemporary fitness standards at all. So, the company just wanted to shit units. Despite the treadmill’s shortcomings, one benefit is the motorized electric platform.
Far a compact treadmill sold for $200, the powered belt is a decent advantage since most treadmills at this price range are manually propelled based on your running speed. It comes with a LED display that tracks calories, time, distance, speed, and speed. Power Plus comes with no warranties.


  • Cheaper than a standard entry-level treadmill
  • Compact and portable
  • 250 pounds max user weight capacity
  • The speed range supports walkers and speed walkers only


  • Hard to assemble
  • No programs
  • No incline
  • The weakest motor in the entire industry
  • Noisy
  • Short and narrow track size
  • Lacks cushioning
  • No warranties
  • Not convenient for running
  • Speed control buttons only

Power Plus is the most inexpensive treadmill you can find. It is the most compact treadmill and has very basic features. It is for people who are on an extremely tight budget but still want a motorized treadmill. There is no better value than this one since most users don’t consider the lack of features as a drawback considering its price range. It is one of the easiest treadmills to move and store and impossible to recommend for serious trainees.

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Factors to Consider For Best Treadmills under $500

  • Motor

The essential part of any treadmill is the motor. The best-recommended motor power for users who want vigorous running on a treadmill is between 2.0 CHP to 3.0 CHP. You can adjust your speed at your digression when the motor is very powerful.

  • Incline

In more recent times, the treadmill’s incline positions have become a notable feature when purchasing a treadmill. You can burn extra calories and tone up muscles using the incline. A 10-degree incline will burn two times more calories compared to the flat belt. Most treadmills in this category do not come with an incline system, but it will be a bonus if you get one with an incline.

  • Belt Size

The treadmill belt size is based on the user’s requirements. Most treadmills have a large belt, but users will require a small belt for compact places and indoor workouts. If you want more space and want to run in a relaxed mode, the large belt is the better option.

  • Design and Programs

The best treadmills are the ones with a sturdy design with great functions. At present, most of the treadmills manufacturers design treadmills with default programs and automatic speed controlling system as per user’s requirements.

  • Heart Rate Monitors

Since the treadmills are cardio equipment, you have to monitor your cardio rate during a workout. So you have to pick a treadmill that has heart rate sensors for cardio performance follow up.

  • Treadmill size

Budget treadmills are usually meant for small spaces like our homes or apartments, so when picking a treadmill to buy, consider getting the best compact treadmill for your apartment at an affordable price. The best compact treadmills are lightweight and portable so that you can conveniently move them from one place to another.

  • Security Locks

Most foldable treadmills come with security locks so that they stay locked when they are folded. The lock must be of high-quality because broken locks could cause injury when you open the storage area, and the treadmill unfolds quickly.
All the treadmills reviewed above give excellent value for money but let’s be realistic. You can’t compare a budget treadmill that costs less than $500 to treadmills that cost $1,500. It’s an unfair comparison.
Treadmills come in different types. Learn the features of each type and decide on the most appropriate option for you. This will help you reduce the number of options initially and pay attention to the remaining models in more detail. Another factor to consider is the manufacturer and the supplier. The reliability of both will be extremely important. We recommend that you purchase treadmills based on several criteria and not just the price alone. Choosing only on price will help you save, but you won’t be able to train effectively.
The more expensive treadmills will have better features and specs. Although you can get just as good of a workout with a cheap treadmill, there are instances where you might want to consider purchasing a more expensive treadmill. That said, you’ll get a good workout and burn fat just as well as you would on a more expensive treadmill with the ones listed above.
The smart thing to do is to purchase a treadmill that delivers a strong core performance. Any other features should be considered a bonus.
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