The 11 Best Treadmills Under $500 to Buy in 2020

In this day and age, literally everything can be done without leaving your home. This includes running and walking. Don’t want to go out to finish a cardio workout? No problem, you can just get on the treadmill and you are ready to go. But not just a treadmill, of course. We are here to introduce you to the best treadmills for less than $ 500 that you can buy right now!

Most of these treadmills cost under 500$, they will help you prepare either as stand-alone cardio equipment or as additional equipment for your home gym.

If you want to lose weight in 2020, get better, or just improve overall well-being, check out our top picks.

If you are not going to run 20 miles every day or prepare for an ultramarathon, these treadmills will do just fine.

The word cheap may have a negative meaning, but not in the case of the inexpensive treadmills discussed here. In fact, these treadmills have some advantages over more expensive treadmills. As a rule, more expensive, more “professional” treadmills also take up much more space.

Thus, the added bonus of the options we reviewed here is that they are small and compact, even when open. These are folding treadmills, so when not in use, just fold them for even less footprint.

Running or walking on a treadmill is still the most popular cardio workout. And if you are not going to run 20 miles every day or get ready for the ultramarathon, you do not need any fashionable treadmills. These treadmills, no matter how inexpensive they are, are good enough and will do their job perfectly.

In short, if you want to stay fit, but there are things that prevent you from going for a walk or jogging, the treadmill should be your next purchase.
Here is a comparison table of the top 9 best treadmills for under $ 500
Weslo Cadence G 5.9 Treadmill Electric 68 x 31 x 10 inches ; 117 pounds 280 lbs View Price
Exerpeutic TF1000 Electric Treadmill Electric 51.2 x 32 x 63 inches ; 120 pounds 400 lbs View Price
Sunny Health & Fitness SF-T4400 Treadmill Electric 62.2 x 26.8 x 47.3 inches ; 103 pounds 220 lbs View Price
XTERRA Fitness TR150 Folding Treadmill Black Folding Unfolded: 63.4 x 28.75 x 51.4 | Folded: 28.5 x 28.75 x 61 inches ; 109.3 pounds 250 lbs View Price
ProForm Performance 300i Electric 70 x 33 x 53 inches ; 120 pounds 300 lbs View Price
Goplus Folding Treadmill Folding 46 x 29 x 10 inches ; 66 pounds 220 lbs View Price
Efitment T012 Treadmill Electric 63 x 27 x 50.5 inches ; 130 pounds 220 lbs View Price
Weslo Crosswalk 5.2T Treadmill Electric 66 x 30 x 9 inches ; 127 pounds 250 lbs View Price
Miageek Fitness Folding Folding 47.25 x 23.58 x 9.45 ; 57 pounds 220 lbs View Price
SereneLife Smart Digital Folding Treadmill Folding 27.5 x 24 x 51.2 inches ; 108 +- pounds 265 lbs View Price
IPO Treadmill Folding Electric Portable Folding 39.3’ x 13.4 inches ; 109 pounds 265 lbs View Price

Things to Look Out for While Buying a Treadmill:


Size is one of the first things to consider when buying something that you need to place or store indoors. Most treadmills have a similar track, averaging 77 inches long and 35 inches wide. The folding treadmill will be twice as long during storage. Not only the area, you need enough space around the treadmill so that it can be freely accessed. When compiling this list, we took into account the size to be sure that you can find the best folding treadmills for small rooms.


Keeping in mind the importance of physical fitness, it’s important to get a product that exactly matches your needs. Comfort is of utmost importance. If you are a runner, you will need a deck that matches your step. Choosing a model that fits you ergonomically and aesthetically can greatly help you get fit.

Electronic features:

This is the year 2019, and everyone wants everything to be based on high technology. Although iPod docks, USB ports, and wireless Internet connections are standard features on many treadmills, it’s important to keep them in mind or not. Selecting the best treadmills with the best technology was another of our priorities when compiling this list.


Once again, it is important to get a device that meets your needs. You are not the Usain Bolt, and excessive speeds are not required. Most treadmills have a top speed of 10 to 12 miles per hour; some will go faster. Depending on how extreme or fast you want to go, your choice may vary.

Reliability and Warranty:

Over time, you may need to maintain your treadmill, especially if you use it constantly, so it would be nice to choose a brand that has existed for some time.

Second-hand Purchase:

Although buying a used treadmill may seem like a bargain, you won’t know its past history, such as usage, repairs, and condition. Generally speaking, treadmills are the only equipment where I advise you not to buy used ones.


Finally, and perhaps most importantly, you need to choose one at the right price. Not everyone is ready to fork out for crazy amounts of dollars on a treadmill, and not everyone can afford it. In this guide, we will focus on the best treadmills under $ 500. We also wrote another in-depth article on the best premium treadmills under $ 1,000. Remember to check this as well.

Best Affordable Treadmills Under 500 $

1- Weslo Cadence G 5.9 Treadmill – Best Affordable Treadmill

Weslo Cadence is one of the best treadmills available on the market today. Designed exclusively for home use, it can satisfy all your needs without causing much harm to your wallet. It also comes with some sleek tech gadgets such as an LED display and an integrated heart rate monitor.


  • Space saver design. This treadmill can fold up.
  • Six personal trainer workouts.
  • Two-position incline.
  • Comfortable cushioning
   Pros   Cons
  • This treadmill is compact and it can be folded for easy storage.
  • It’s comfortably cushioned, promising great comfort while running and walking.
  • The treadmill deck is designed to absorb shock, so using it doesn’t wreak havoc on your limbs.
  • Highly suitable for getting warmed up or cooling down after a workout.
  • The machine is compact and has limited power. The motor is powerful enough for high speeds.
  • May not be suitable for heavier or taller people due to it’s compact size and low power rating.

Bottom Line

Overall, the Weslo Cadence G 5.9 Treadmill offers great value for money, making it one of the best affordable and foldable treadmills.

Check Price on Amazon 

2. Exerpeutic TF1000 Electric Treadmill – Best Electric Treadmill


If the compact design of the first treadmill on our list does not meet your needs, then do not worry, because you have many other options, such as the Exerpeutic Tf1000, that can support up to 400 pounds. This is especially useful for those people who may have gained a lot of weight and want to start the journey back down.


  • Electric walking treadmill with 1.5-horsepower high-torque motor
  • Adjustable speed up to 4 miles per hour in 0.1 mph increments
  • 20-inch-wide treadmill belt; extra-long 18-inch safety handles
  • LCD display monitors time, distance, calories burned, speed, and pulse
  • Supports up to 400 pounds; folding frame
  Pros   Cons
  • Has a very generous size, with the treadmill belt about 20 inches wide. Safety handles are also installed with extra 18 inches.
  • Despite its size, this treadmill isn’t awfully bulky or massive. It can be folded and stored easily.
  • Can handle weights up to 400 pounds.
  • Has a low-power motor which isn’t the best, but can support speeds up to 4 miles per hour.
  • Not for intense cardio because it can’t handle high speeds.

Bottom Line

The Exerpeutic TF1000 is another treadmill which offers great value for money despite the low-power motor, adding it to our list of best affordable and cheap treadmills.

Check price on Amazon


3. Sunny Health & Fitness SF-T4400 Treadmill – Best Cheap Treadmill

Next up is the Sunny Health & Fitness SF-T4400, a great entry-level treadmill at a low price, making it one of the best cheap treadmills you can buy. This treadmill promises to offer everything you need for a proper cardio workout, as well as everything that home fitness enthusiasts may require.


  • 2.20 Peak HP drive system with 15.75 x 48.82 inches running surface. 10mph max speed, max degree-of-incline: 5
  • Easy folding mechanism and soft drop system to help you unfold your treadmill safely
  • Handrail controls that allow you to control speed, start and stop.
  • Running Surface 48.8L x 15.75W inches
  • 9 Built-in workout programs; large LCD display and smartphone/tablet holder
  Pros   Cons
  • Folds up, so it is ideal for areas where you can’t leave the treadmill open at all times..
  • The treadmill has a 2.2hp motor which is impressive at this price range
  • Easy to assemble
  • Not suitable for taller people because the running deck is not very long.
  • Build-quality isn’t outstanding.

Bottom Line

The Sunny Health & Fitness SF-T4400 is a budget treadmill that may not be the fanciest machine ever, but it checks all the boxes for what a good treadmill should be.

Check price on Amazon


4. XTERRA Fitness TR150 Folding Treadmill Black

Further on our list, the XTERRA Fitness TR150 Black folding treadmill is a great home tool with a high-quality engine and intuitive controls. The TR150 is a medium to low price home treadmill that has all the features that a folding treadmill in the gym could have. This includes a modern LED, a powerful motor and training decks.


  • Home treadmill with top-quality 2.25 THP (1.5 CHP) drive motor
  • Intuitive console controls with adjustable speed from 0. 5 -10 MPH miles per hour
  • Large 5 inch LCD display is easy to read, track your time, speed, distance, calories, and more
  • Spacious 16-by-50-inch workout area with an Aerosoft cushioning system
  • Folding frame for easy storage; measures Unfolded: 63.4” x 28.75” x 51.4” | Folded: 28.5” x 28.75” x 61” (W x H x D)
  Pros   Cons
  • Powered by a 2.25 total horsepower drive motor that you cannot find in many treadmills in its price range.
  • Has a variable speed, adjustable between 1 and 10 miles per hour.
  • Aerosoft cushioning system isolates your feet, ankles, and legs from the shock of each step, making your workout much more comfortable.
  • The incline is manual so it can affect your rhythm.
  • May take several attempts to get belt tension correct.

Bottom Line

The XTERRA Fitness TR150 merits a place on our list due to the various features it provides at an approachable price-point, making it one of the best electric treadmills on the market. While it may have its issues, they’re mostly trivial.

Check price on Amazon


5. ProForm Performance 300i Treadmill

Coming up next, The ProForm Performance 300i Treadmill is designed to be a universal entry-level treadmill. It is also equipped with a powerful 2.5 hp engine. and a weight limit of 300 pounds. This may not be the best car for fast driving, but it is ideal for walking or jogging.


  • 16 x 50 tread belt, SpaceSaver design, LCD window with priority display, racetrack display, 8 built-in workouts
  • 2.0 chp mach motor, dual-grip EKG heart RATE monitor, 0-10 percent quick incline Control, 0-10 MPH quick speed Control, treadsoft cushioning
  • Compatible music port for iPod
  • The ProForm 300i Treadmill accommodates up to 300 lbs;
  • Number of Programs: 6


  Pros   Cons
  • hock absorption. The treadmill has a comfortable deck. It is cushioned in order to lessen the impact when jogging. This is particularly useful for people with knee problems.
  • The control panel is easy to read and operate, showing information such as distance, current speed, and total calories burned. Heart rate monitor is also present.
  • The treadmill folds up vertically so that it does not take up much space, meaning it can be pushed up against a wall.
  • This treadmill has limited power and speed, and is not really designed for people who want to run fast.
  • Does not have a very long deck.

Bottom Line

The ProForm Performance 300i is the perfect choice for people who want to walk or jog. Although this may not be the best choice for running, its compact features add it to our list of best folding treadmills.

Check price on Amazon


6. Goplus Folding Treadmill – Best Folding Treadmill

The next entry for our best treadmills available is the GoPlus Folding treadmill. GoPlus is a well-known name when it comes to the middle market segment. The GoPlus folding treadmill with its great design, good basic components and thoughtful features continues its legacy.


  • 2.25 HP Impulse Max Motor & Weight Capacity
  • Foldable & Adjustable Incline Design
  • 0.5-7.5 MPH Speed levels & P01-P12 Programs
  • 5″ Blue-Ray LCD Display & 16″ X 47″ Rubber Tread Belt
  • Safety Design and Cushioning Design
  Pros   Cons
  • Pleasing aesthetic. The GoPlus Folding Treadmill is really nice to look and is something you could show off to your friends in addition to working out.
  • It has an intuitive control module that is loaded with all kinds of features.
  • Solid cushioning technology which absorbs most of the impact during your runs.
  • Foldable design that makes it easy to store the treadmill after your workout.
  • Manual incline could’ve been replaced by a motorized solution.
  • The motor isn’t the most powerful ever.

Bottom Line

Overall, the Goplus Intelligent Folding Treadmill presses all the buttons you need. Some of them are fully, some are partially. This gives us a spot on our list of top $ 500 treadmills.

Check price on Amazon


7. Efitment T012 Treadmill

Next is probably the most beautiful entry on this list. Although not everyone pays much attention to aesthetics when it comes to treadmills, this is certainly a factor that affects shoppers. But appearance is not the only property in which this treadmill is superior to others, it also offers several fairly convenient features, such as various incline options, making it a complete package.


  • Compact 47L x 15.6W running surface
  • 15 levels of Auto Incline
  • 0.5 to 9 MPH Speed levels
  • Backlit LCD Display, 9 User programs, onboard speakers, and Bluetooth I/O connectivity
  Pros   Cons
  • arious incline options. Where most other treadmills have anywhere from 3 to 10 levels of inclination, Efitment T012 offers 15 The intuitive control module that is packed with all your standard features.
  • Folding design that makes moving and storing this treadmill extremely easy.
  • Solid build quality that offers plenty of stability and support during your workout.
  • Heart rate sensors mounted on the parallel handlebars instead of perpendicular ones.

Bottom Line

The Efitment T012 is definitely the treadmill you would like to see in your home. Not only does this help you get a good workout, it also helps you look good by doing this.


Check price on Amazon


8. Weslo Crosswalk 5.2T Treadmill

The Weslo Crosswalk 5.2T treadmill is the most unconventional treadmill discussed here. This is the only treadmill that is a kind of hybrid between the treadmill and the cross trainer. Armrests provide added resistance to your exercise program so you can train your arms and legs for more benefits.


  • CrossWalk Upper-Body Arms
  • 2.25 HP Impulse O Motor
  • 16″ x 50″ Tread Belt
  • 2 Position Adjustable Incline
  • Comfort Cell Cushioning
  • SpaceSaver Design
  • 10 MPH Digital Speed Control
  • Thumb Pulse Heart Rate Monitor
  Pros   Cons
  • Integrated Cross handles provide upper body workout
  • Sturdy for its price range
  • Doesn’t make much noise
  • Unlit display may be difficult to read
  • Not as easy to assemble

Bottom Line

The penultimate entry on our list, the Weslo Crosswalk 5.2T treadmill, is certainly a treadmill worth paying attention to if you are looking for something that goes beyond a traditional treadmill. The price is very desirable.

Check price on Amazon


9. Miageek Fitness Folding Electric Treadmill

Last but not least, the Miageek Fitness Folding Electric treadmill complements this list of the best treadmills you can buy. The Miageek Fitness folding electric treadmill offers the right solution for those who need a low-profile model that still has plenty of power. In fact, this is one of the most practical treadmills you can get for $ 500 or less.


  • Solid steel construction with anti-rust coating ensure the long-lasting service life, rated load capacity up to 220 lb.
  • Overloading, and overcurrent protection;
  • Safety key connect you and the machine, emergency stop button on the handrail protects you while working out
  • 3 incline positions with adjustable speeds between 0.5-6 MPH,
  • Compact, featuring a 40.95 x 14.04inch. running belt; easily folded to 47.25 x 23.58 x 9.45 inch in few seconds
  Pros   Cons
  • Lightweight construction that makes the treadmill quite mobile and versatile.
  • A large running surface which makes daily workouts comfortable and convenient.
  • Plenty of power pushing the belt despite it being slightly underpowered compared to its competition.
  • A diverse set of features for such a basic looking treadmill.
  • Units of speed cannot be changed.
  • Aesthetics aren’t impressive. It’s not ugly, but it isn’t beautiful either

Bottom Line

Concluding this list, the Miageek Fitness Folding Electric treadmill is full of surprises. This is a prime example of how appearances can be deceiving, and it’s a hassle-free running track with many features. Definitely an option to consider if you are looking for the best treadmills available.

Check price on Amazon


10. SereneLife Smart Digital Folding Exercise Treadmill

The SereneLife Smart Treadmill is one of the newest and cheapest treadmills on this list. This treadmill is equipped with advanced features, including a Bluetooth connection with your laptop and smartphone, for convenient reading statistics and activity. The treadmill is equipped with a significantly larger LCD display, which has touch buttons for more convenient treadmill control, even while running. The treadmill folds easily and has good quality wheels for easy movement. It also comes with convenient side supports for stable operation. All in all a great choice at such a low price.


  • Bluetooth Connectivity
  • 1.0 HP Motor
  • 39.3’’ x 13.4’’ Running Suface/Belt
  • 2 Position Adjustable Folding
  • Comfortable Support Handles
  • SpaceSaver Design
  • 0.6 – 6.0 MPH Digital Speed Control
  • Thumb Pulse Heart Rate Monitor


  Pros   Cons
  • Bluetooth Connectivity
  • Sturdy for its price range
  • Adjustable Motor
  • Requires Assembly

Bottom Line

The full-fledged SereneLife Smart treadmill is definitely a treadmill that you should consider if you are looking for something that goes beyond a traditional treadmill with the features of expensive treadmills.

Check price on Amazon


11. IPO Folding Electric Portable Treadmill

The IPO Foldable Electric Treadmill is the most durable and powerful portable treadmill in this price range. The treadmill is equipped with an LCD panel with touch buttons to configure 12 preset modes for the best cardio session. Foldable design provides the best space savings. The treadmill comes with a traditional emergency function. Grips provide extra resistance to support your position.


  • 2.4 HP Impulse O Motor
  • 17 x 47.2inch Tread Belt
  • Max User Weight: 265 pounds / 120 kg
  • SpaceSaver Design
  • 0-8mph Digital Speed Control
  Pros   Cons
  • Strong chasis for its price range
  • Doesn’t make much noise
  • display is small

Bottom Line

The IPO folding treadmill is definitely a treadmill that you should pay attention to if you are looking for something strong and durable. The price is very desirable.

Check price on Amazon

Treadmill under $ 500? YES!

Do you think you need to spend a lot of money to get a good workout?

Think again, here are a few facts about how and why low-budget treadmills can work just as well.

  • Just as Efficient – inexpensive treadmill can burn calories and improve your health and wellness, like a machine that costs several times more. You just need to make sure that the treadmill you want has the best payload and engine speed for your planned exercises.
  • Just the Features you Need – features such as speed control, a safety key, an adjustable tilt angle and a heart rate monitor are just what you need. All other features are nice to have, but you won’t burn more calories than more expensive treadmills.
  • Long Lasting & Warranty – if you are not going to run marathons regularly, these affordable treadmills should last a long enough. Don’t get me the wrong treadmill, which costs several thousand dollars, can probably last longer, but hell does it really cost you to pay so much more?
  • Less Cumbersome – more expensive treadmills usually take up more space and weigh a ton. If you have little space, a less expensive folding treadmill can easily fit into a spare bedroom or den than larger models. This leaves you with more space to add free weights, a yoga mat or TV
  • Easier to Assemble – more expensive treadmills can be harder to assemble than cheaper treadmills.
When buying a cheap treadmill you can compromise on features but try not to compromise on build quality.

So now that you are an expert in treadmills, well.. kinda.. because what you have read up until here is the most concise information on low-cost treadmills you can find.

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