a man on his treadmill

10 Best Treadmills Under $500 in 2020 (Review)

A treadmill is more than a piece of equipment—it’s an investment in your health and well-being. Whether you are training for a half marathon or trying to lose weight, a treadmill can make your goals obtainable. It is one of the most convenient ways to work out.

High-end treadmills will typically set you back $2,000 to $3,000. Fortunately, there are plenty of affordable models that will save your waistline and your wallet. There are a surprising number of treadmills that don’t compromise quality for cost. You can still get a great piece of equipment that will last you for a long time. Here is a list of the ten best treadmills under $500 in 2020.

The Best Treadmills Under $500

1. Sunny Health & Fitness Treadmill

side facing sunny health & fitness treadmill

Sunny Health & Fitness has manufactured compact and reliable treadmills for more than 15 years. The company has made a name for itself, making the home gym equipment accessible and affordable. One of the shining stars in their inventory is the Sunny Health & Fitness Treadmill.

This machine has a 20 peak horsepower drive with a top speed of nine miles per hour. That includes three incline options so you can amp up your angle and your workout. Currently, the maximum incline is 4.37 percent.

The Sunny Health & Fitness Treadmill is ideal for anyone 220 pounds or less. The nine-speed system has a five-inch-wide tread belt, so there is a distinct benefit for shorter users. The machine also has a handrail control that lets you toggle the speeds, start, and stop of the belt.

If you want personalization, the Sunny Health & Fitness Treadmill has you covered. The device has nine built-in workout programs that track your progress on a large LCD display. You watch your stats rise on your mobile device or tablet as it syncs with the treadmill.

Key Features:

  • Compact build
  • Smartphone compatibility
  • Nine built-in workouts

Key Specifications:

Brand: Sunny Health
Dimensions: 62.2” x 26.8” x 47.3”
Weight: 119 lbs. (53.98 kg.)

2. XTERRA Fitness TR150 Folding Treadmill

side facing xterra fitness tr150 folding treadmill

When it comes to the top treadmills under $500, the XTERRA Fitness TR150 Folding Treadmill has to be considered. This machine provides remarkable value with an expansive running surface and a dozen preset workout programs. Whether you are a casual walker or avid fitness buff, this device is worth a spot in your home gym.

The treadmill comes with a 16” by 50” walking and running surface. This spaciousness ensures that you won’t have to worry about inadvertently stepping off the belt during your workout. The single-ply belt also comes with a subtle abrasive texture, so there is an adequate grip with each stride.

Each XTERRA Fitness TR150 Folding Treadmill has a 25-horsepower motor that enables speed control up to ten miles an hour. You can also select from three manual incline levels and 12 built-in workouts to customize your experience. There are even hand pulse grips on the sides so that you can check your heart rate at any time.

Best of all, this treadmill is durable. It features a heavy-gauge steel frame and an XTRA soft cushioned deck to provide maximum support during impact while minimizing stress on your joints. When you finish using it, the treadmill has an easy folding mechanism for storage.

Key Features:

  • Remarkable value
  • Speed up to ten mph
  • 12 preset workouts

Key Specifications:

Brand: XTERRA
Dimensions: 63.4” x 28.8” x 51.4”
Weight: 114.4 lbs. (51.89 kg.)

3. Sunny Health & Fitness SF-T7515 Treadmill

side facing sunny health & fitness sf-t7515 treadmill

The Sunny Health & Fitness SF-T7515 Treadmill is like having a personal trainer at home. The machine has everything you need to get the most out of your workouts and start achieving your fitness goals. From sound systems to heart rate monitors to cup holders, it is one of the best-rated treadmills on the market.

When you hop on this running machine, you have plenty of options. For instance, you can select quick speed, which goes up to eight miles an hour. There are also 12 incline angles, which go up a full degree at a time. If you prefer built-in workout programs, Sunny Health & Fitness includes a dozen distinct workouts.

Every step of the way, the Sunny Health & Fitness SF-T7515 will track your workout. That includes time, speed, calories burned, pulse, and distance. There is also a scan feature so that you can continuously keep up with your calculations. For an extra boost, you can sync your smartphone to the Bluetooth speakers.

The space-saver design also makes storage a snap. All you have to do is fold and roll the machine to its desired location. Thanks to the Sunny Health & Fitness SF-T7515, moving forward with your fitness goals has never been easier.

Key Features:

  • 12 incline levels
  • Ample space to move
  • Integrated Bluetooth speakers

Key Specifications:

Brand: Sunny Health
Dimensions: 68” x 28” x 51.4”
Weight: 121 lbs. (54.88 kg.)

4. Ravent Electric Motorized

side facing ravent electric motorized

The Ravent Electric Motorized Treadmill offers the essentials for those looking to improve their fitness. It does not have some popular features, like Bluetooth connectivity or cushy shock absorption. Instead, it caters to people who want a minimalist approach to exercise.

The most significant benefit of the Ravent Electric Motorized Treadmill is the simplicity. It is easy to store and assemble. It also has a compact footprint and fast folding mechanism that lets you roll it to your preferred location.

The Ravent Electric Motorized Treadmill has a 1.5 horsepower motor. That translates to belt speeds of 0.5 to 6 miles per hour. Additionally, it can support users with a max weight of 220 pounds.

While it is minimalistic, the motorized electric treadmill does have some tracking metrics. The back-facing LCD screen shows time, distance, and calories burned as you traverse the 12 built-in workouts. Each handrail comes with an easy to reach control, so you can start and stop on a whim.

Key Features:

  • Low noise motor
  • Easy to set up
  • 12 programmed workouts

Key Specifications:

Brand: Ravent
Dimensions: 49.21” x 23.58” x 42.13”
Weight: 57.3 lbs. (25.99 kg.)

5. MaxKare Folding

side facing maxKare folding

When it comes to any list of the best treadmills under $500, the MaxKare Folding Treadmill has to be in the conversation. This machine offers a durable and versatile working experience for a fraction of the expected price tag. If you are serious about getting into shape, it is worth your investment.

This high-capacity treadmill has a sturdy frame that can hold up to 220 pounds. Meanwhile, the space-saver design has a relatively small footprint when it comes to your home gym or office. You can enjoy your workout, knowing the device has a vibration-free connection with the floor and produces minimal noise.

Meanwhile, the rubber tread belt comes with a soft drop system. You can get ample traction to thrust forward with each stride without sacrificing your joints in the process. The MaxKare Folding Treadmill does an excellent job of minimizing knee damage and discomfort.

During your workouts, MaxKare lets you select from 15 different personal trainer workouts. That includes speeds up to 8.5 miles an hour and three angles for added resistance. It will also give you plenty of real-time data, such as speed, calories burned, distance, and heart rate.

Key Features:

  • 15 personal trainer workouts
  • Tons of real-time data
  • First whole machine anti-shock system

Key Specifications:

Brand: MaxKare
Dimensions: 53.39” x 26.18” x 45.95”
Weight: 104.8 lbs. (47.54 kg.)

6. Weslo Cadence G 5.9i

side facing weslo cadence g 5.9i

The slim Weslo Cadence G 5.9i is ideal for anyone who wants to lose weight. This slender machine features a 16-inch-wide tread belt with a 50-inch runway. Anyone under six feet tall will have no problem walking, jogging, or walking on the Welso Cadence treadmill. It also can support up to 275 pounds, which is near the top of the industry for its price.

The biggest perk of this machine, though, is the library of workouts. New customers get a one-month membership to iFit, which gives them access to more than 16,000 on-demand programs. That includes everything from high-intensity studio exercises to calorie-busting personal training systems.

There is also a tablet holder, and the Bluetooth connectivity will allow you to play music or watch videos to feel as if you are running in the rugged terrain of Scandinavia or the cobblestone streets of Milan. When it comes to folding treadmills with a compelling interface, the Welso Cadence is at the top of its class.

Key Features:

  • One-month iFit membership
  • Weight capacity up to 275 pounds
  • Tablet holder

Key Specifications:

Brand: Weslo
Dimensions: 55.7” x 26” x 10.4”
Weight: 118 lbs. (53.52 kg.)

7. Goplus 2 in 1 Under Desk Folding

side facing goplus 2 in 1 under desk folding

The Goplus 2 in 1 Under Desk Folding Treadmill offers the essentials for those looking to improve their fitness. It does not have some popular features, like Bluetooth connectivity or cushy shock absorption. Instead, it caters to people who want a minimalist approach to exercise.

The most significant benefit of the Ravent Electric Motorized Treadmill is the simplicity. It is easy to store and assemble. It also has a compact footprint and fast folding mechanism that lets you roll it to your preferred location.

The Ravent Electric Motorized Treadmill has a 1.5 horsepower motor. That translates to belt speeds of 0.5 to 6 miles per hour. Additionally, it can support users with a max weight of 220 pounds.

While it is minimalistic, the motorized electric treadmill does have some tracking metrics. The back-facing LCD screen shows time, distance, and calories burned as you traverse the 12 built-in workouts. Each handrail comes with an easy to reach control, so you can start and stop on a whim.

Key Features:

  • Rail-free running option
  • Bluetooth connectivity
  • Most efficient space saver

Key Specifications:

Brand: Miageek
Dimensions: 49” x 27” x 42”
Weight: 75 lbs. (34.02 kg.)

8. Goplus Black Jaguar Ⅲ

side facing goplus black jaguar Ⅲ

The Goplus Black Jaguar Ⅲ has all the features you would expect from a quality treadmill under $500. It has a maximum capacity of 250 pounds, a seamless drop system, and an array of preset workouts. When it comes to finding a reliable running machine, the Goplus Black Jaguar III is par for the course.

The device has a 2.25 horsepower motor, which enables speeds upwards of 7.5 miles an hour. More impressive, though, is the range of incline. You can get the workout of a lifetime by cranking the treadmill to 15 degrees.

Meanwhile, you can take advantage of features, such as the heart rate sensors on the rails. These let you accurately measure your pulse during a workout to stay in control. There is also a five-inch LCD display and a safety key, in case you need an emergency stop.

When you finish, the Goplus Black Jaguar III is straightforward to store. The easy folding mechanism and soft drop system allow you to fold and move the machine quickly. There are also four silicone pads to minimize friction and noise during transit.

Key Features:

  • Versatile features
  • Industry-leading incline
  • Water and tablet holder

Key Specifications:

Brand: Goplus
Dimensions: 61” x 28” x 52”
Weight: 135 lbs. (61.24 kg.)

9. SereneLife Apollo Series

side facing sereneLife apollo series

If you want the best features in your treadmill, the SereneLife Apollo Series is for you. The simple design and range of essential features make it ideal for people who want a quick and effective workout. Plus, the machine is also one of the most affordable options on this list.

The SereneLife Apollo Series has a 1.0 horsepower motor, which translates to speed up to six miles an hour. It comes with 12 preset training modes, which include weight loss, health and stamina, and cardio fitness.

During your workout, you can actively track your progress. The large LCD display measures distance, speed, heart rate, and a handful of other statistics. You can also opt to use the frame as a holder for your book, magazine, or tablet.

The SereneLife Apollo Series comes with incline adjustment for added intensity. The standard feature lets you increase the angle of the belt, which kicks calorie burning into overdrive. If you ever feel out of control, there is a safety key that will stop the belt immediately.

Key Features:

  • Bluetooth connectivity
  • 12 preset training modes
  • Lightweight for easy transport

Key Specifications:

Brand: SereneLife
Dimensions: 50.8” x 24” x 49.2”
Weight: 60 lbs. (27.22 kg.)

10. Merax Electric Folding

side facing merax electric folding

The Merax Electric Folding Treadmill provides substantial value for its price. You can be the new owner of an easy to assemble and reliable treadmill for a fraction of the cost of competitors. Plus, you don’t have to sacrifice when it comes to the range of essential features.

Its most striking feature is the multi-function LCD display. It tracks your workout in real-time while also connecting to your phone or tablet. That way, you can measure your progress while jamming out to your favorite playlist.

The Merax Electric Folding Treadmill has a 1.5 horsepower motor, which enables speeds up to 7.5 miles an hour. You can select the quick speed option or one of the 12 built-in programs. That includes sessions that range from high to low intensity so you can get the perfect cardio workout.

This model has a weight capacity of 240 pounds. The system also has a special high-density belt that absorbs shock during footfall. This responsive surface enables you to cushion your joints while maintaining traction on the treadmill’s non-slip surface.

Key Features:

  • Easy to assemble
  • Wide range of features
  • Substantial value for your money

Key Specifications:

Brand: Merax
Dimensions: 55” x 23.5” x 43”
Weight: 64 lbs. (29.03 kg.)

What Features Can You Expect to Get from a Treadmill Under $500?

Everything you need for an excellent workout can be found in a treadmill for under $500. Manufacturers have done a remarkable job of incorporating a wide range of helpful tools to enhance the experience. While features that matter the most will vary from person to person, here are a couple to look out for:

  • Cushioning system
  • A heart rate monitor
  • Ample space to move
  • Multiple preset workouts
  • Multiple incline levels
  • LCD with real-time data
  • Handrail controls
  • Durable frame
  • High weight capacity
  • Easy storage

Are Treadmills in This Price Range Capable of Withstanding Intense Long-Distance Training?

A girl exercising on a treadmill

There are quality treadmills for under $500 that will last you for years. Even if you are a fitness fanatic, proper maintenance and care will go a long way toward maximizing your investment and your treadmill’s life span. For instance, wiping down the motor area at least three times a year mitigates the chances of unwanted friction or contamination.

Will I Get a Top-Quality Treadmill for Under $500, or Should I Spend More?

If you are on a budget, you can find quality treadmills for under $500. The marketplace is full of versatile machines that can provide personalized and engaging workouts. There are even some treadmills under $300 that offer a reliable bang for your buck.

Spending more on a treadmill is a personal choice. If you look at treadmills around $1,000, you will find slightly better options when it comes to speed and stability. Many of these models also offer more extensive tracking data and larger running surfaces, which may be an issue depending on how much space you have to work in.

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