The Best Treadmills Under $500 in 2023

woman walking in treadmill


Running and walking are great ways to burn calories and break a sweat. Sometimes a more expensive treadmill means it's been built with extra-durable components, other times a bigger price tag just means it comes with optional extras. Depending on your fitness goals, you can often get a great workout with a budget machine.

Before you purchase a treadmill, it's a good idea to think about its purpose. Will you be using it as a way to seriously train for a race or are you just looking to walk or jog safely on dark mornings? Your intended use (and personal characteristics) will play a big role in the type of machine you purchase. Taller runners should look for a longer running deck, while heavier users should seek out a treadmill with a higher weight capacity. If you're only planning on walking, a 2.0 or 2.5 CHP (continuous horsepower) motor will likely be sufficient, but for regular runners, a 3.0 CHP is a better, more powerful option.

While most of the time, you just need a good pair of shoes to log miles, a treadmill is a great tool to add to your running/walking repertoire. Ready to check out the best budget options? Read on for our go-to picks.

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The Best Treadmill Under $500 - Our Top Picks

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Best Overall Treadmill Under $500 - Sunny Health and Fitness SF-T7603

Sunny Health & Fitness SF-T7603

SPECS

  • Dimensions: 62"L x 27"W x 47"H
  • Weight: 104 lbs.
  • Weight capacity: 220 lbs.
  • Max speed: 9 mph
  • Max incline: 2.5 degrees
  • Warranty: 3-year warranty on the frame, 180-day warranty on parts

CHECK PRICE

With a top running speed of 9 mph and an adjustable incline, this treadmill is up for even the most intense workouts. While the manual incline adjustment is a bit of a learning curve to use, it's a nice addition. The digital monitor is basic, but it does track all the necessary workout metrics.

At this price, we like the bevy of extras including pulse sensors and quick speed buttons on the handlebars, cup holders, nine preset programs, and an emergency stop key. The shock absorption in the deck cushions each footfall and the soft drop hydraulic system lowers the deck slowly (and safely!).

What We Like

  • Can easily fold and be stored out of the way
  • Lightweight and easy to move with transport wheels
  • Budget option (around $400) that's great for walking and slow jogging
  • Quick speed change buttons on the handlebars

What We Don't Like

  • Small running deck
  • 2.2 CHP motor not ideal for running
  • 220-lb. weight limit

BUY: Sunny Health & Fitness SF-T7603

Best Folding Treadmill Under $500 - XTERRA Folding Treadmill

XTERRA Folding Treadmill

SPECS

  • Dimensions: 63.4"L x 28.75"W x 51.4"H
  • Weight: 108 lbs.
  • Weight capacity: 250 lbs.
  • Max speed: 10 mph
  • Max incline: 3 levels of manual incline
  • Warranty: Lifetime warranty on the frame, 1-year warranty on the motor, and 90-day warranty on the deck and labor

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If you're looking for a treadmill that won't be an eyesore and can be stowed away, this machine fits the bill. With the pull of a knob, you can release the deck to fold or unfold the treadmill easily. The 2.25 CHP motor and 250 pound weight limit are about average for a machine at this price point. However, it maxes out at 10 miles per hour which is the highest of its peers.

The 5-inch LCD display machine is easy to read and tracks all the basic workout metrics (speed, incline, time, distance, etc.). For varied workouts, choose from one of the 12 preset programs and the three manual incline settings.

What We Like

  • User-friendly LCD screen
  • Lifetime warranty on the frame
  • 12 preset programs

What We Don't Like

  • Small water bottle holders
  • Doesn't have a gas shock/soft drop system for unfolding; can be dangerous
  • 2.25 CHP motor is best for walking, not ideal for running

BUY: XTERRA Folding Treadmill

Best Treadmill for Running Under $500 - Urevo Running Treadmill

UREVO Running Treadmill

SPECS

  • Dimensions: ‎55.2"L x 5.1"W x 27.8"H
  • Weight: 77 lbs.
  • Weight capacity: 260 lbs.
  • Max speed: 7.5 mph
  • Max incline: N/A
  • Warranty: 12-month limited warranty

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While the 45-inch running deck could be longer for runners, it is a bit wider than average, so we'll give the Urevo points for that. We like the anti-slip tread deck and soft grip handles for safety and comfort. While we usually like to see a motor of 3.0 CHP for running, this machine's 2.5 HP DC motor is sufficient for most speeds. The sturdy powder coated steel frame and 260-pound weight limit add to the machine's durability and function.

Finished with your workout? The machine's transport wheels and space saving design make it easy to move around and stow away. While the incline isn't adjustable and the warranty could be better, this treadmill has a solid design and a strong motor that can handle almost any workout you toss at it.

What We Like

  • LCD monitor and phone holder
  • 12 built-in programs
  • Very compact
  • 2.5 HP DC motor is stronger than its peers

What We Don't Like

  • Incline isn't adjustable
  • Running speed maxes out at 7.5 mph (8-min. mile pace)
  • Warranty is very limited

BUY: UREVO Running Treadmill

Best Compact Treadmill Under $500 - GoPlus 2 in 1 Folding Treadmill

GoPlus 2 in 1 Folding Treadmill

SPECS

  • Dimensions: 42" L x 27" W x 49" H
  • Weight: 70 lbs.
  • Weight capacity: 265 lbs.
  • Max speed: 7.5 mph
  • Max incline: N/A
  • Warranty: 3-month limited warranty

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Working from home and looking for an under-the-desk treadmill? Don't sleep on this compact and easy to assemble option. While it doesn't have an incline and it maxes out at 7.5 mph, it does have an impressive weight capacity and five layers of non-slip and shock absorbing deck.

The LED display is basic (no bells and whistles here), but you can connect to Bluetooth to play music and the included remote control makes it easy to operate. This isn't a machine for marathon runners, but it's a great budget option for anyone looking to get in some solid walking or jogging.

What We Like

  • 5-layer non-slip and shock-absorbing deck
  • Remote control to turn machine on/off and adjust speed
  • Great fit for most standing desks

What We Don't Like

  • Short deck makes running difficult
  • 3-month warranty is under the industry standard
  • Cannot place on a carpet (motor may overheat)

BUY: GoPlus 2 in 1 Folding Treadmill

Best Treadmill for Walking Under $500 - Sunny Health and Fitness Manual Walking Treadmill

Sunny Health & Fitness Manual Walking Treadmill

SPECS

  • Dimensions: 49"L X 23"W X 50"H
  • Weight: 47 lbs.
  • Weight capacity: 220 lbs.
  • Max speed: N/A
  • Max incline: Fixed at 13.5%
  • Warranty: 3-year warranty on the frame, 180-day warranty on parts

CHECK PRICE

This manual treadmill is as basic and inexpensive as it gets, but it will get the job done. Because it's powered by the user's motion, there's no speed setting. The faster you walk, the faster it goes! Its incline is set at 13.5%, so combined with the manual walking motion, users are sure to get a good workout in.

Without need for an electrical outlet, you can move this machine anywhere in the house and its folding design makes it easy to store. Users also reported that it's simple to assemble and operate. If you're looking for advanced technology and bells and whistles, this treadmill isn't it, but you truly can't beat the price.

What We Like

  • No need for electricity, the treadmill is manually propelled
  • Easy to assemble and operate
  • Space-saving folding design

What We Don't Like

  • Incline can't be adjusted
  • Digital monitor is very basic

BUY: Sunny Health & Fitness Manual Walking Treadmill

Best Under-Desk Treadmill Under $500 - GYMAX 2 in 1 Under Desk Treadmill

GYMAX 2 in 1 Under Desk Treadmill

SPECS

  • Dimensions: 42"L x 27"W x 49"H
  • Weight: 75 lbs.
  • Weight capacity: 265 lbs.
  • Max speed: 7.5 mph
  • Max incline: N/A
  • Warranty: 1-year limited warranty

CHECK PRICE

Users can choose from walking or running with this machine. Its max speed is 7.5 miles per hour which is enough for a swift run. Or remove the optional hand rests and you can place it under a standing desk to walk while you work. Live in a small space or apartment? With transport wheels and a folding design, it won't take up a ton of space.

The machine has a higher than average weight capacity (265 pounds) and a touchscreen and LED display. We wish the deck was a bit longer (40 inches is going to feel short for taller users), but if you stick to walking, you should be fine.

What We Like

  • Optional hand rests make it easy to fit under a desk
  • Easy-to-use remote control
  • Foldable and compact

What We Don't Like

  • Incline isn't adjustable
  • 40" running deck might feel too short for runners and taller users

BUY: GYMAX 2 in 1 Under Desk Treadmill

Best Incline Treadmill Under $500 - Sunny Health and Fitness Incline Treadmill

Sunny Health & Fitness Incline Treadmill

SPECS

  • Dimensions: 61"L X 30"W X 51"H
  • Weight: 115 lbs.
  • Weight capacity: 220 lbs.
  • Max speed: 7.5 mph
  • Max incline: 12%
  • Warranty: 3-year warranty on the frame, 180-day warranty on parts

CHECK PRICE

With 12 pre-programmed workouts and a max incline of 12%, this treadmill offers a variety of options. The front-mounted handlebars add extra support for steep incline workouts and the built-in device holder and Bluetooth capability will keep users entertained.

While the 2.0 CHP motor could be stronger and the weight limit is on the lower end, this machine makes up for that with its large incline selection and space-saving design. When you're ready to unfold the machine, the soft drop hydraulic mechanism makes it slow and safe. For users who value incline over speed, this is a good machine to consider.

What We Like

  • Handlebars have integrated quick speed and incline buttons
  • Built-in device holder and Bluetooth capability
  • Space-saving, folding design

What We Don't Like

  • 2.0 CHP motor is less powerful than its peers
  • 220-lb. weight limit is on the lower end

BUY: Sunny Health & Fitness Incline Treadmill

What to Look for in Treadmills Under $500

A budget treadmill can be a great addition to your home gym, but before you commit to a machine, it's important to think about some key characteristics. Below is our breakdown on specs; you can get a great workout with an inexpensive machine if you know what to look for!

Footprint

The footprint of a treadmill can vary greatly, but on average you can expect it to be about 3 feet wide and 7 feet long. The average belt length is approximately 50 to 60 inches. Taller users and regular runners will want a belt closer to 60 inches. Many treadmills offer a folding feature which can reduce the amount of space that the machine takes up.

Weight

The weight of a treadmill can be a pro or a con, depending on your situation. Most treadmills fall somewhere in the weight range of 100-300 pounds, and budget machines will likely be on the lighter end. A lighter treadmill can be easier to move, but if you're looking for durability and stability, a heavier option might be better. Lighter treadmills can shake at high speeds, so keep that in mind if you plan to use it for running.

Features

You need a few things for a safe and functional workout: adjustable speed, adjustable incline, and a safety key. Beyond that, a lot of features can be considered extra. Do you run hot? An integrated fan and water bottle holders might be necessary. Need the motivation of streaming workouts? You may want to prioritize a large touchscreen or Bluetooth connectivity. If you're a larger runner, look for a longer running belt and increased weight capacity. Depending on your training goals, you may also want a more powerful motor. In general, serious runners should choose a 3.0 CHP motor or above.

FAQs About Budget Treadmills


Is walking on a treadmill worth it?

Yes. Walking on the treadmill is a great way to burn calories, relieve stress, lower blood pressure, and build bone density. It is not as high impact as jogging or running, so it's suitable for a wide array of fitness levels and abilities. To make a walking workout tougher you can increase the incline, speed, or both.

How long does a budget treadmill last?

According to manufacturers, the industry average is about 10 years, however that number will depend on a number of things. How often a machine is used, how regularly it's serviced, and where it's stored can all affect its lifespan. Before you purchase a treadmill, look into its warranty in case something goes wrong within the first few years.

How long should a beginner walk on a treadmill?

The World Health Organization (WHO) recommends that adults ages 18-64 get about 150-300 minutes of moderate exercise each week. That breaks down to about 20-40 minutes of walking per day. If you are just starting an exercise regime, it's important to take things slow and check in with your healthcare provider for guidance.

What time of year are treadmills cheaper?

Thanks in part to the popularity of New Year's resolutions, fitness equipment like treadmills often go on sale in January. You may also be able to get good deals around Black Friday or during special shopping events such as Amazon Prime Day. Treadmills may also go on sale at the beginning of the summer when retailers are looking to get rid of excess inventory.