This post may contain affiliate links, meaning I may earn a small commission at no cost to you if you make a purchase through the links.

Sharing is Caring!

New year, new goals. If fitness is one goal on your New Year’s Resolution list, then you’re probably in the market for a new treadmill. Here is a list of the best budget treadmill under $500 that can help you achieve your goals while staying on a budget.

Top Five Budget Treadmill Comparison Chart

NameBest featuresRatingsCall to Action
GOPLUS Folding Treadmill>Easy foldable mechanism
>12 Pre-set Programs with 3 Levels of Incline
>0.5 to 7.5 MPH Speed levels
>16″ X 47″ big runing belt
>2.25 HP with a weight capacity of 220 lbs
4.5 out o 5Check Amazon Price
MaxKare Folding Treadmill>Foldable Mechanism
>15 Pre-set Programs with 3 Levels of Inlince
>0.5 to 8.5MPH Speed Levels
> 17-inch Wide Multi-layer Rubber Tread belt
>2.5 HP with a weight capacity of 220 lbs
4.5 out of 5Check Amazon Price
XTERRA Fitness TR150 Folding Treadmill>Foldable Mechanism
>12 Pre-set Programs with 3 Levels of Inline
>0.5 to 10 MPH Speed Levels
>Large 16″ x 50″ walking/running surface
>2.25 HP with a weight capacity of 250 lbs
4 Out of 5Check Amazon Price
ANCHEER Treadmill>Foldable Mechanism
>12 Pre-set Programs with 3 Levels of Inline
>0.5 to 7.5 MPH Speed Levels
>47.24 x 15.75-inch tread belt size
>2.25 HP with a weight capacity of 250 lbs
>Smart phone App Connection
4.5 Out of 5Check Amazon Price
NordicTrack T 6.5 S Treadmill>Foldable Mechanism
>20 Pre-set Programs with Incline Up To 10 percent
>0.5 to 10 MPH Speed Levels
>20″X 55″ tread belt
>2.6 CHP DurX™ Commercial Motor with a weight capacity of 300 lbs
>Smart phone App Connection
4 Out 5Check Amazon Price

Best Budget Treadmill Under $500 Reviews

1.) GOPLUS Electric Folding Treadmill

The first on our list of best budget treadmill under $500 is the GoPlus Electric Folding Treadmill. This is one of the best foldable treadmills that can meet your work out needs at home. It has the important features that you need to stay active indoors without breaking your budget.

via Amazon

4.5 Out Of 5 Stars

Overview

  • 2.25 Horse Power
  • Foldable Design
  • Weighs 96.5 lbs
  • Weight Capacity of 220 lbs
  • 47” L*15.5” W Rubber Running Belt
  • 5” Blue-Ray LCD Display
  • 0.5 to 7.5 MPH Speed Levels 
  • 3 Levels of Adjustable Incline
  • Double Safety Design
You might also like:  Under $50 Last Minute Valentine's Day Gift for Her

Review

The GoPlus treadmill’s best feature is the ease of assembly. Customers found that they can just assemble the treadmill on their own. However, customers found that some of the features of this treadmill are not what they were expecting.

They found that it makes undesirable noise during use. It can be bothersome but can be managed by using a headphone and listening to your favorite tunes during a workout. Works if you live alone but if not, wait until everyone is out of the house.

Also, customers found that the heart rate and distance monitor are sometimes off. However, this also can be taken care of by a fitness watch or your phone.

Last but not least, customers also found that the width is a little narrow. This feature is hard to work around so if this is something that you think you don’t want then this machine probably is not for you.

PROSCONS
>Easy To Assemble>Makes Noise
>Inaccurate HR Monitor and Distance
>Width is A Little Tight

2.) MaxKare Folding Treadmill

The MaxKare Folding Treadmill is another budget treadmill but has more features than the GoPlus Treadmill. The company claims that this treadmill comes with all the installation tools that you need to assemble it in 10-15 mins only.

via Amazon.com

4.5 Out Of 5

Overview

  • 2.5 Horse Power
  • Foldable Design
  • Weighs 91 lbs
  • Weight Capacity of 220 lbs
  • 17-inch Wide Multi-layer Rubber Tread belt
  • Large LCD Display
  • 0.5 to 8.5 MPH Speed Levels 
  • 3 Levels of Adjustable Incline
  • Transportation Wheels

Review

You can get a run for your money with this budget treadmill. Customers raved about how quiet it is and very easy to assemble. The transportation wheel that comes with the machine makes it easy for anyone to move it.

However, customers mentioned that the treadmill tends to work more for shorter people because of the shorter belt and lower handrail. Others also point out that the belt tends to drift and needs frequent adjustment.

PROSCONS
>Light Weight
>Easy To Assemble
>Quiet
>Easy To Move Around With The Wheels
>Requires Frequent Adjustment Of Belt
>Shorter Belt
>Lower Handrail And Control Deck
>Not for Tall People
You might also like:  Best Hair Straighteners On A Budget

3.) XTERRA Fitness TR150 Folding Treadmill

The XTERRA Fitness TR150 Folding Treadmill is a high-quality and flexible treadmill from the brand Xterra that will surely meet your budget.

Xterra boasts that they added thoughtful features in this model that are geared towards comfort and flexibility.

4 Out of 5 Stars

Overview

  • 2.25 Horse Power
  • Foldable Design
  • Weighs 108 lbs
  • Weight Capacity of 250 lbs
  • 16″ x 50″ Running Surface
  • 5″ LCD Console
  • 0.5 to 10 MPH Speed Levels 
  • 3 Levels of Adjustable Incline
  • XTRASoft Cushioned Deck

Review

This treadmill gets you the most bang for your buck by providing you with wide and lone enough track to run. Customers also claim that it is very sturdy but very easy to assemble.

And for those who do not like noise, this one will be perfect for you.

However, some customers were not happy fo the incline feature. They claim that it does not give you the elevation that it claims. Also, I cannot believe they forgot to add a water bottle holder!

PROSCONS

>Wide And Long Track
>Easy To Assemble
>Quiet Motor
>Sturdy
>HR Monitor, Distance and Calorie Counter Inaccurate
>No Water Bottle Holder
>Not Enough Incline

4.) ANCHEER Treadmill

This treadmill is one of Ancheers’ excellent equipment that delivers quality and performance when you are doing your work out at home.

4.5 Out Of 5

Overview

  • 2.25 Horse Power
  • Foldable Design
  • Weighs 88 lbs
  • Weight Capacity of 265 lbs
  • 47.2 x 15.7 inch Running Surface
  • Smart App Connection
  • 0.5 to 7.5 MPH Speed Levels 
  • 3 Levels of Adjustable Incline
  • Rolling Wheels
  • Built-in Speakers

Review

This treadmill is on the techier side with the added feature of a smartphone connection and built-in speakers.

Satisfied customers rave about how lightweight it is and has rolling wheels which makes it easy to move around the house.

However, some customers brought out the inclination problem. They reported that the incline function does not go up as much.

Also, some customers also say that they were having a hard time pairing their smartphone to the treadmill.

You might also like:  The Best Guide to Travel Hacking for Beginners
PROSCONS

>Easy To Set Up
>Lightweight
>Very Quiet
>Solid and Sturdy Even During Running
>Not Enough Incline
>The Arms are Short for Taller People

5.) NordicTrack T 6.5 S Treadmill

The NordicTrack T 6.5 S Treadmill is one of the trusted treadmills from the quality trusted brand NordicTrack.

Although this treadmill a little over $500, it is worth mentioning because of the quality and features you can get by bumping up your budget a little bit.

Via Amazon

4 Out Of 5

Overview

  • 2.6 CHP DurX™ Commercial Motor
  • SpaceSaver Design with Easy Lift™ Assist
  • Weighs 200 lbs
  • Weight Capacity of 300 lbs
  • 20” x 55” Commercial Tread Belt
  • iFit Coach™ Ready with Free 30 Day Trial
  • Dual 2” Digitally Amplified Speakers
  • 0.5 to 10 MPH Speed Levels 
  • 0-10% LIVE Incline Control
  • Lifetime Frame Warranty
  • 25-Year Motor Warranty
  • 1-Year Parts & Labor Warranty

Reviews

This treadmill comes from a line that is trusted by most, the Nordic Track line.

Although it’s on the lower price end of the Nordic Track line, satisfied customers claimed that this treadmill serves them really well for the price that they paid for.

However, some customers brought out some of what they do not like about this treadmill. They reported that it does not have a fan and it is heavy, requiring two people to assemble.

Also, some customers also are not happy about the iFit compatibility of this treadmill due to the required subscription.

However, one of the customers shared that you can bypass the subscription and still be able to use the iFit specialized workouts just by pressing and holding the iFit logo on the console for 30 seconds.

PROSCONS

>Easy to Assemble
>Very Quiet
>Solid and Sturdy Even During Running
>Excellent Motor Warranty
>Heavy
>iFit compatible but needs a subscription
>No fan

Conclusion

When you are on the market for a new treadmill, you will immediately notice that they have all kinds for every budget. With regards to the best budget treadmill under $500, it is important to ensure that it is sturdy, comfortable and would last long enough for you to meet your goals.

Sharing is Caring!