Top 10 Best Treadmills Under $500 – Review 2023

A treadmill is probably the most popular form of indoor exercise machine as it can be used by all ages of people and has no potential risk of injury. It provides the user with aerobic exercise and has programs to adjust speed and measure distance, calorie burned, heart rate, etc. I hope you find yours from this 10 Best Treadmills  Under $500.

Although a treadmill is an expensive machine and most of us want to avoid big investments, a sturdy one with useful features can be found at an affordable price if looked harder. The good news is that we have done the hard work of searching for affordable treadmills and presented a detailed list for you.

Following are the list of 10 best treadmills under $500.

Best Treadmills Under $500: Comparison Table

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Product Name

Price

XTERRA Fitness TR150 Folding Treadmill with Built-in Wheels on the Deck Frame

XTERRA Fitness TR150

  • Large 5-inch LCD display.
  • Speed range 0.5 – 10 mph.
  • 12 preset programs.
RHYTHM FUN Treadmill with Smart Remote

RHYTHM FUN Treadmill

  • Foldable and easily stored.
  • Light weight (78 lbs).
  • Takes very less space.
Goplus 2 in 1 Folding Treadmill with Touch Screen on its Armrest

Goplus 2 in 1 Folding Treadmill

  • Foldable and compact design.
  • No assembly required.
  • Dual display screen.
Goplus 2 in 1 Folding Treadmill with an Ultra-violet Monitor

Goplus 2 in 1 Folding Treadmill

  • 2 in 1 foldable treadmill.
  • 5 layered non-slip running belt.
  • safety key, and remote control.
Sunny Health and Fitness SF-T4400 Folding Treadmill Review

Sunny Health and Fitness Treadmill

  • 3 convenient speed buttons
  • Inbuilt hand grip pulse sensors
  • 9 pre-defined exercise programs
Sunny Health & Fitness Exercise Treadmill with a Digital Monitor

Sunny Health & Fitness

  • Foldable, compact and sturdy.
  • Soft drop system.
  • Handrail pulse sensors.
Smart Digital Manual Incline Treadmill with Safety Handrail

Smart Digital Manual Incline

  • Heart rate monitor.
  • Large 5” LCD display.
  • Soft drop system.
UREVO 2 in 1 Under Desk Treadmill with Shock Absorption Capacity

UREVO 2 in 1 Under Desk

  • 2 in 1 foldable treadmill.
  • No assembly required.
  • LED display and remote control.
ADVENOR Treadmill Motorized Treadmills 2.5 HP Electric Running Machine Folding Exercise Incline Fitness Indoor

ADVENOR Treadmil

  • 3 LED monitors.
  • Foldable and compact.
  • Measures heart rate and body fat.
ANCHEER 2 in 1 Folding Treadmill, Portable Under Desk Treadmill for Home Gym Office, Electric Compact Running Walking Machine

ANCHEER Folding Treadmill

  • Affordable
  • Quiet operation
  • 12 preset workout programs

Top 10 Best Treadmills Under $500 for 2022

If you want the best treadmills under $500, we have reviewed a few of them for you so that you can make an informed decision:

1. XTERRA Fitness TR150 Folding Treadmill with Built-in Wheels on the Deck Frame

XTERRA Fitness TR150 Folding Treadmill with Built-in Wheels on the Deck Frame; Best Treadmills Under $500

More photo & price on Amazon.com

XTERRA Fitness TR150 Folding Treadmill is a space-saving, pocket-friendly, foldable treadmill with noise reduction technologies. Ideal for small spaces like apartments, condos, etc., it has a folding deck design that allows the user to fold it in an upright position.

This makes it tall instead of long and thus helps in saving floor space when not in use. It weighs 108 pounds which is considerably lighter compared to other treadmills and has built-in wheels on the deck frame due to which it can be moved from room to room noiselessly and without much struggle. It also has a smaller frame and tread belt size of 16”*50”.

It has a horsepower of 2.25 and therefore makes no noise. It also has a cushioned deck to reduce the sound of every footfall. It has manual incline options of 3 levels, a speed of up to 10 mph, 12 preset programs and a manual program with easy one-touch buttons to increase/decrease one’s pace.

Pros & Cons

Pros

  • Space saving and easier to move.
  • Effective noise reduction features.
  • Large 5-inch LCD display.
  • Speed range 0.5 – 10 mph.
  • 12 preset programs.
  • 3 manual incline settings.

Cons

  • No heart rate monitor.
  • No Bluetooth.

This XTERRA FITNESS TR150 treadmill model is an excellent starter workout equipment for budget-conscious users. That’s because it’s very affordable, yet it has better quality than most models out there.


RHYTHM FUN Treadmill with Smart Remote; Best Treadmills Under $500

More photo & price on Amazon.com

This is compact, comfortable, space-saving, portable, and lightweight and can be easily folded and stored under a bed, sofa, desk, or inside a closet due to its slim profile. It has a thickness of 2.3 inches, a weight of 78 pounds, and covers a space of only 0.05 square meters. Compared to other best treadmills under $500, it has a wide running belt of 18 inches and its smooth and solid design gives a balanced and stable feeling.

It consists of a DC powered electric motor of 1.5 HP, durable steel frame, shock and noise reduction systems, speed range of 0.5 to 3.7 mph, large LED display, Smart Remote to control Start, Off and Speed buttons remotely, and a specially made Smart Workout App which can control the speed, time, mileage and calories can monitor and track workout of the users in their phones and also set up a training program.

Pros & Cons

Pros

  • Foldable and easily stored.
  • Light weight (78 lbs).
  • Takes very less space.
  • Wide running belt of 18”.
  • Large, clear and simple LED display.
  • Smart Remote and Smart Workout App.

Cons

  • No incline.
  • Low maximum speed (only 3.7 mph).
  • Low horsepower of only 1.5.

Due to its space-saving, compact design, the RHYTHM FUN under-desk treadmill is one of the most flexible treadmills in the market. It allows uses to train while working behind the desk, yet you can use it as a standard treadmill for light running and jogging as well.


Goplus 2 in 1 Folding Treadmill with Touch Screen on its Armrest; Best Treadmills Under $500

More photo & price on Amazon.com

Goplus brings you a 2 in 1 running and walking treadmill with a maximum weight capacity of 265 lbs. In the walking mode, the handrail is folded so, this best treadmill under $500 can be used under the desk at the speed range of 1-4 km/hr, and at the running mode, the speed range is 1-12 km/hr.

The armrest has a touch screen to easily adjust the speed and another display LED below monitors distance, speed, time, and calories in real-time. It has a 2.25 HP, low noise motor, a 7 layered non-slip shock-absorbing running belt, Bluetooth speaker, phone holder, and remote control.

Check out the full review of GoPlus 2 in 1 Folding Treadmill.

Pros & Cons

Pros

  • Unique 2 in 1 running and walking modes.
  • Foldable and compact design.
  • No assembly required.
  • Dual display screen.
  • Bluetooth speaker, remote control and phone holder.

Cons

  • No heart rate monitor.
  • Before folding, the handles must be removed.
  • No incline.

This Goplus 2-in-1 treadmill model offers 2 workout models. Simply put, it supports under-desk walking, but you can also use it for running. Other features include; a powerful 2.25hp motor, Bluetooth compatibility, and a 5-layer shock-absorbing moving belt.


Goplus 2 in 1 Folding Treadmill with an Ultra-violet Monitor; Best Treadmills Under 500

More photo & price on Amazon.com

Here is another 2 in 1 folding treadmill from Goplus with walking and running modes with a speed range of 1-4 km/hr and 1-12 km/hr respectively. It also has an ultra-quiet motor of 2.25 HP, a 5 layered non-slip running belt, multifunctional LED display, Bluetooth speaker, phone holder, remote control and app control, running area of 40”*16”, safety key, adjustable footpad, wheels for easy movement and sturdy and durable steel frame.

Pros & Cons

Pros

  • 2 in 1 foldable treadmill.
  • Running mode and under desk jogging/walking mode.
  • 5 layered non-slip running belt.
  • Bluetooth speaker, safety key, and remote control.
  • Phone holder, LED display and adjustable foot pad.

Cons

  • No heart rate monitor.
  • Before folding, the handles must be removed.
  • No incline.

Goplus Superfit under-desk treadmill is an excellent machine for people with space limitations. Nonetheless, it comes with a shock reduction system, remote control, Bluetooth speaker, and a quiet motor.


Sunny Health and Fitness SF-T4400 Folding Treadmill Review

More photo & price on Amazon.com

Walking or light jogging is the recommended workout for shorter or medium height people. And this SF-T4400 model from Sunny Health & Fitness may just be the machine you need for that. Even though it’s not suitable for challenging workouts, it can help you maintain your health or lose weight. Especially if you weigh around 220 lbs or less. It has some exceptional features you’ll not find in some treadmills within its price range.

One of those features is that it has a compact, but durable design. Thanks to the steel frame construction and foldable design. Also, it comes in 2 different colors; pink and gray.

Its deck includes a shock-absorbing system. This will reduce the stress felt on your joints while training. Moreover, the machine has handrail controls. Thus making its way to start/ stop it or control the speed which ranges from 0.5 – 9mph.

You’ll also note that this treadmill delivers smooth and consistent workouts. That's because its drive system is powered by a 2.2 CHP motor that ensures a quiet operation. As such, you can comfortably listen to music or watch TV shows while walking/ jogging.

Lastly, SF-T4440 features pulse sensors, a device & bottle holder, and transportation wheels. Not to forget that it has a digital backlight LCD monitor, where you can check your workout stats.

Pros & Cons

Pros

  • 3 convenient speed buttons
  • Includes a shock-absorbing system
  • Easy to use handrail controls
  • Soft Drop system for convenient folding and unfolding
  • Inbuilt hand grip pulse sensors
  • 9 pre-defined exercise programs

Cons

  • Low weight capacity

The SF-T44OO Treadmill model by Sunny Health & Fitness is simple, affordable workout equipment. It’s easy to store, comes with a 2.2HP motor, and features 3 manual incline levels.


Sunny Health & Fitness Exercise Treadmill with a Digital Monitor

More photo & price on Amazon.com

This Sunny Health & Fitness Exercise Treadmill is a sturdy and solid steel construction that provides a stable feeling and an effective workout to the user. Some of its attractive features include a digital monitor to track mode, program, time, distance, speed, calories burned and pulse rate, handrail pulse sensors to provide an effective workout, handrail controls, transportation wheels, 2.2HP DC motor, 49”*16” tread belt, speed range of 0.5 to 9 mph, weight capacity of 220 lbs, 3 manual adjustable incline levels and 9 built-in workout programs for you. It is also foldable so that it takes less space while not in use.

Pros & Cons

Pros

  • Foldable, compact and sturdy.
  • 9 built-in workout programs and 3 levels of adjustable inclines.
  • Extra shock absorption system.
  • Soft drop system.
  • Handrail pulse sensors.

Cons

  • Assembly required.
  • Takes more space.
  • No Smart Workout App, remote control or Bluetooth speakers.
  • No phone holder and no cup holder.

With its handrail controls and 9 inbuilt workout programs, the Sunny SF-T7603 treadmill adds comfort to your workout routine at any pace. Even better, it’s an affordable machine and takes up less space.


Smart Digital Manual Incline Treadmill with Safety Handrail

More photo & price on Amazon.com

The Smart Digital Manual Incline Treadmill by SereneLife is a stylish, contemporary, space-saving foldable treadmill where the material that has been used is aluminum. Besides having a quiet but powerful motor of 1.5 HP, it also has a large running space of 15.75”*43.30” to give you a comfortable workout experience. Its large 5” LCD digital display with touch controls displays time, calories, distance, speed and heart rate.

The safety handrail has a start/stop and speed control button to provide you better control. Also, via Bluetooth, you can pair this best treadmill under $500 to your device to download the ‘FitShow App’ so that you can record and review your training data, display training data, challenge friends and share your fitness data on social media platforms.

Equipped with a soft drop system, 16 pre-set programs, speed range of 0.6 mph to 7.5 mph, weight capacity of 265 lbs and 3 incline level options.

Pros & Cons

Pros

  • Heart rate monitor.
  • Large 5” LCD display.
  • Safety handrail with start/stop and speed control buttons.
  • Supports Bluetooth and ‘FitShow App’.
  • Soft drop system.
  • 16 pre-set programs and 3 incline options.

Cons

  • Takes more space.
  • No remote control.
  • No cup holder.

The SereneLife SLFTRD25 manual treadmill is an excellent option for fitness enthusiasts with limited time to head to the gym. Thanks to its portable, but efficient nature, which allows you to meet your fitness needs while at home.


UREVO 2 in 1 Under Desk Treadmill with Shock Absorption Capacity

More photo & price on Amazon.com

This under-desk treadmill from UREVO is a 2 in 1 folding treadmill that can be used for a fast running cardio workout as well as an under-desk walking machine so that you can exercise while working. Its 5 layered running belt is 16.9 inches wide and the silica gel column support helps absorb shock and provides cushioning effect to the knees and joints.

It has a 2.25 HP motor, weight capacity of 265 lbs, running speed of up to 7.6 mph (frame up) and walking speed of up to 3.8 mph (under the desk).

Also, it has a low noise operation, is energy-saving, has an LED display (does not need to be switched on manually) for real-time tracking of speed, distance, time and calories, has a remote control that adjusts the speed and switches off the running machine, has a phone holder and is fully assembled. Other than all these features, it is also easily transportable as it is equipped with built-in transportation wheels.

Pros & Cons

Pros

  • 2 in 1 foldable treadmill.
  • Low noise operation and shock absorption capacity.
  • Anti-slip 5 layered running belt.
  • No assembly required.
  • LED display and remote control.

Cons

  • No smart workout app.
  • No Bluetooth speakers.
  • No heart rate or pulse rate monitor.
  • No incline.

This Urevo dual-purpose treadmill offers good workouts, especially with its 0.6 – 7.6mph speed range. In addition, it has 12 preset workout programs, a safety key, and a user-friendly LCD screen.


ADVENOR Treadmill with 3 LED Monitors

More photo & price on Amazon.com

The material of the ADVENOR treadmill is polyester. Consisting of 3 independent LED monitors, it can track your performance by displaying real-time data of time, speed, pulse, distance, calories, heart rate and body fat. It has 36 pre-set programs along with 3 count-down modes that provides variety to your workout. Equipped with a 2.5 HP motor, it gives a speed range of 1-13 km/h while maintaining silence. It has handrail controls that allows you to easily control speed and start and stop the machine.

The running tread belt is 16.54 inches wide to give a comfortable running experience. The 3 incline position levels are adjusted manually. The weight capacity of this treadmill is 220 lbs which is a bit lower than some of the other treadmills on this list. It has a safety emergency stop key that allows you to instantly cut the power supply when needed. Overall, this foldable, compact and easily stored treadmill gives a comfortable and effective workout to the user.

Pros & Cons

Pros

  • 3 LED monitors.
  • Foldable and compact.
  • Measures heart rate and body fat.
  • 2.5 HP motor with speed range of 1 km/h to 13 km/h.
  • 36 pre-set programs plus 3 count down modes.
  • 3 manually adjusted incline levels.
  • Safety Emergency Stop Key for instant cutting of power supply.
  • Thick running deck and soft drop system.
  • Quick speed buttons and pulse sensors.

Cons

  • Doesn’t support Bluetooth.
  • No smart workout app.
  • No phone holder.
  • No cup holder.

The ADVENOR treadmill model comes equipped with a commercial-grade 2.5hp motor. So, if you want a piece of fitness equipment that supports more serious workouts, it’s such an excellent option!


ANCHEER 2 in 1 Folding Treadmill, Portable Under Desk Treadmill for Home Gym Office, Electric Compact Running Walking Machine

More photo & price on Amazon.com

Imagine having a treadmill that acts both as an under-desk treadmill and a normal treadmill! Well, that’s exactly what this 2-in-1 treadmill from ANCHEER offers. So, if you work a lot behind a desk, this device will give you the chance to work out as you go on with your normal tasks. And once you’re done, you can walk or run on it, the same way you would with a regular treadmill!

On the same note, this gives the machine a portable and lightweight design. For that, it’s a great option for small spaces and apartments.

Surprisingly, despite its compact nature, this device has many features available in larger treadmill models. For instance, its front base is equipped with an LED screen that tracks your workout progress. Here, you can monitor your workout stats such as distance, calories burned, speed and time. Moreover, the device comes with a remote control that you can use to adjust the speed or turn the machine ON/OFF.

Moving on, this machine allows users to walk/ run at a pace of 0.5 to 7.5mph. Thanks to the powerful, but silent 2.25 HP electric motor that moves the running belt. At the same time, this equipment can accommodate users with a weight of up to 265 pounds.

Lastly, the treadmill comes with handrails to ensure users’ safety and it’s compatible with various smartphones. Best of all, it’s very affordable and available in 2 color options; blue & silver!

Pros & Cons

Pros

  • Quiet operation
  • Provides comfortable running experience
  • High-quality steel frame construction
  • Inbuilt shock-absorbing mechanism
  • Affordable
  • 12 preset workout programs

Cons

  • Slightly small running/ walking space

ANCHEER dual-purpose motorized treadmill is equipped with a powerful 2.25HP motor, allowing it to handle various cardiovascular workout sessions. Best of all, it has a foldable and portable design, which helps to save on space.


Final Thought

Although exercising is a must for all those who want a healthy lifestyle, it is becoming increasingly harder for people to take time out of their busy schedules to visit the gym. So, it is only logical that health-conscious people would want to have easy and quick access to exercise machines.

Thankfully, there is now an abundance of treadmills for home, office, etc. A one-time investment on one such machine will effectively save your time, your money in the long run (as you would become free from monthly gym subscriptions) and keep you fit without much fuss. Finally, I hope you find well from this 10 Best Treadmills Under $500.

Read: Best Treadmills Under $1000 – Top 10 Hottest List for 2022

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