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Best Budget Treadmill Under $500

June 12, 2025 by Alfred

Finding the perfect treadmill without breaking the bank can feel like a daunting task. With countless options on the market, it’s easy to become overwhelmed. But don’t worry—we’re here to help! If you’re hunting for the best budget treadmill under $500, this guide will walk you through the top choices, things to consider, and how to make your purchase decision confidently. Whether you’re building a home gym or just looking to improve your fitness, affordable treadmills can deliver excellent results without emptying your wallet.

Jump To The List

Below, we’ll review the Best Budget Treadmill Under $500 available and guide you through expert tips for choosing the best treadmill for your needs. By the end, you’ll know exactly which treadmill offers the best value for money. Plus, we’ll answer frequently asked questions to demystify common concerns about budget-friendly treadmills.

Top 10 Best Budget Treadmill Under $500

Image

Name

Key Feature

Ratings

Price

NordicTrack T Series

NordicTrack T Series Treadmill

  • Immersive 10" Touchscreen
  • Speed: 0-12 MPH, Incline: up to 12%
  • Compact and easily foldable treadmill
  • Warranty: Frame - 10 years, Motor - 2 Years, Labor - 1 Year

(35016 Reviews)

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Sunny Health and Fitness Premium Foldable Treadmill

Sunny Health and Fitness Foldable Treadmill

  • 12 incline options (2.5 to 12%)
  • Speed: 0-8 MPH
  • 12 pre set workouts
  • Hands-free folding and unfolding
  • Warranty: Frame - 3 years

(6285 Reviews)

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Horizon Fitness Treadmill

Horizon Fitness Folding Treadmilll

  • Speed: 0.5 to 10 MPH
  • Incline: 0 to 10%
  • Weight capacity: 300 lbs
  • Sturdy frame and ultra-quiet motor 
  • Frame and motor - lifetime warranty

(640 Reviews)

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Goplus under desk walking pad

Goplus 2 in 1 Walking Pad 

  • Powerful and ultra-quiet 2.25HP motor
  • 5-layer non-slip wide running belt 
  • Compact, foldable design with wheels
  • Innovative 2-in-1 folding treadmill

(4845 Reviews)

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Proform Carbon Treadmills

Proform Carbon Treadmill

  • ProShox cushioning absorb impact 
  • Speed: 0-10 MPH, Incline: 0-10%
  • 10 pre set workouts
  • Warranty: Frame - 10 years, Motor - 1 Year, Labor - 1 year

(392 Reviews)

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Serenelife folding treadmill

Serenelife Folding Treadmill

  • Speed: 0.6 to 6 MPH
  • 12 Pre-set training mode
  • Incline: Up to 4%
  • LCD display tracks your progress
  • Warranty: 1 year

(11907 Reviews)

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UMAY Folding Treadmill

UMAY Folding Treadmill

  • Improved brushless 3.0 HP quiet motor
  • Speed: 0-8.7 MPH
  • 3 different manual incline positions
  • Hydraulic system for Auto-folding 
  • Built-in handrail heart sensors

(1367 Reviews)

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XTERRA Fitness Folding Treadmill

XTERRA Fitness Folding Treadmill

  • Speed: 0.5 to 10 MPH
  • Incline: 0 to 10%
  • Weight capacity: 250 lbs
  • Preset Programs: 12
  • Warranty: Frame - lifetime, Motor - 1 year

(18807 Reviews)

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Therun incline folding treadmill

Therun Folding Treadmill 

  • Speed: 0.5 to 9 MPH
  • Weight capacity: 300 pounds
  • Incline: Up to 12%
  • Wide Running Area: 43.3"x 16.5"
  • Warranty: 1 year

(170 Reviews)

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Nordictrack commercial treadmill

NordicTrack Commercial  Treadmill 

  • Immersive 24" Touchscreen
  • Speed: Max. 14 MPH
  • Incline: Up to 12%, Decline: -3%
  • Personalized AI Coach
  • Warranty: Frame - 10 years, Motor - Lifetime, Labor - 1 Year

(256 Reviews)

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Best Budget Treadmill Under $500 Reviews

We’ve scoured Amazon’s best sellers and uncovered the Best Budget Treadmills Under $500 in this price range. These treadmills offer a balance of affordability, quality, and essential features for your workout routine. Here are our top picks:

1. XTERRA Fitness TR150 Folding Treadmill

XTERRA Fitness Premium Folding Smart Treadmill

The XTERRA Fitness TR150 is a top-rated treadmill for those seeking affordability and durability. Its foldable design makes it ideal for small spaces, and it comes with features like a 2.25 HP motor, a 16” x 50” running surface, and a speed range of 0.5 to 10 mph. The LCD display tracks key metrics like time, speed, and calories burned, while the 12 preset programs offer variety in workouts.

Pros:

  • Compact and foldable for easy storage
  • Quiet motor
  • User-friendly controls
  • Affordable price

Cons:

  • Limited incline adjustments
  • May not accommodate taller users comfortably
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2. Sunny Health and Fitness SF-T4400 Treadmill

Sunny Health and Fitness Folding Treadmill

This treadmill combines functionality with convenience, featuring a digital monitor and quick buttons for speed control. The SF-T4400 delivers a sturdy frame, a speed range of 0.5 to 9 mph, and a 15.75” x 49” running deck. Its handrail controls allow for quick and safe adjustments during workouts.

Pros:

  • Includes multi-functional display
  • Convenient handrail controls
  • Foldable and transportable
  • Built-in shock absorption

Cons:

  • Smaller running surface
  • Basic incline options
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3. SereneLife Smart Digital Folding Treadmill

SereneLife Electric Folding Treadmill

This tech-friendly treadmill is perfect for modern fitness enthusiasts. Equipped with Bluetooth connectivity, it syncs with fitness apps for a more personalized workout experience. It also features a motorized incline, a compact design, and supports speeds of up to 6 mph, making it ideal for casual users.

Pros:

  • Bluetooth app integration
  • Foldable design
  • Lightweight and easy to move
  • User-friendly interface

Cons:

  • Lower speed capacity
  • Shorter running deck
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4. Goplus 2-in-1 Folding Treadmill

Goplus 2 in 1 Folding Treadmill

The Goplus treadmill doubles as a walking and running machine, giving you versatility in your workouts. It has a 2.25 HP motor, a non-slip running belt, and a dual-display screen for tracking progress. Its compact build makes it suitable for apartments or tight spaces.

Pros:

  • Dual-use walking and running modes
  • Space-saving design
  • Quiet operation
  • Durable construction

Cons:

  • No incline options
  • Limited speed range
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5. ProGear 190 Manual Treadmill

progear manual treadmill
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If you’re looking for an entry-level treadmill with no-frills operation, the ProGear 190 is a solid choice. Powered by your own strides, it’s great for walking or light jogging. It’s equipped with dual flywheels for smooth resistance and a steel frame for durability.

Pros:

  • No electricity needed
  • Lightweight and easy to store
  • Affordable price point
  • Sturdy build

Cons:

  • No motorized functions
  • Limited to walking or light jogging
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Best Budget Treadmill Under 500 - Buying Guide

Investing in a treadmill is a great way to stay active at home, but finding the right one while on a budget requires thoughtful consideration. It’s not just about getting the cheapest option—it’s about ensuring value, quality, and features that meet your needs. Here are the key factors to evaluate when shopping for the best budget treadmill:

1. Motor Capacity

The motor is the heart of your treadmill, and its power, measured in horsepower (HP), directly impacts performance. For walking or light jogging, a 1.5 HP motor is usually sufficient. However, if you plan to run or do interval training, look for a treadmill with at least a 2.0 HP motor. Motors with continuous-duty ratings are more reliable and ensure smoother operation over time. Investing in a treadmill with a strong, high-quality motor will not only improve your workout experience but also extend the lifespan of your machine.

2. Running Surface

A treadmill's running deck size plays a key role in determining comfort and safety. A shorter or narrower deck may work for casual walking, but runners need a larger surface to avoid feeling restricted. Aim for a running surface that is at least 16” x 50” for walking, or 20” x 55” for running. Larger decks also reduce the risk of tripping or stepping off the treadmill accidentally, making them a safer choice for more intense workouts.

3. Weight Capacity

Weight capacity isn’t just about ensuring the treadmill won’t break—it also affects its overall durability. Most budget-friendly treadmills have weight limits between 220–250 lbs. However, if you or other household members weigh more, consider a treadmill with a higher weight limit to ensure safe and reliable use. Exceeding the weight capacity can strain the motor and reduce the treadmill’s lifespan.

4. Incline Options

Adding an incline to your treadmill workout increases intensity, burns more calories, and engages different muscle groups. Budget treadmills often have limited incline options, with many offering manual adjustments instead of motorized ones. If you enjoy hill training or want to mix up your routine, prioritize models with incline settings—even if they’re manual adjustments. Some models offer incline ranges up to 10%, which can provide a decent challenge without breaking the bank.

5. Portability and Storage

For those living in apartments or smaller homes, portability is a key consideration. Look for a treadmill that’s foldable and lightweight, making it easy to move and store vertically when not in use. Many budget treadmills are designed with space-saving features, including transport wheels and compact footprints. This makes them ideal for anyone who doesn’t want their treadmill to take up permanent space in their living area.

6. Additional Features

While budget treadmills may not have all the bells and whistles of high-end models, many still offer helpful extras that enhance your workouts. Features like LCD displays for tracking time, distance, speed, and calories burned can keep you motivated. Some treadmills also include heart rate monitors, built-in speakers, Bluetooth connectivity, and app integrations for tracking progress or following exercise programs. These extras aren’t essential, but they can add a layer of convenience and enjoyment to your fitness routine.

7. Warranty

A treadmill’s warranty is a good indicator of its build quality and the manufacturer’s confidence in their product. Look for budget treadmills that offer at least 1 year of warranty coverage for parts and labor. Some brands may also provide extended warranties for the motor or frame, giving you added peace of mind. Be sure to read the warranty terms carefully, as they can vary between manufacturers.

Choosing the Best Treadmill for Your Budget

Best Budget Treadmill Under $500 - Related Topics

Benefits of Using a Treadmill at Home

Having a treadmill at home offers unmatched convenience. You can exercise on your schedule, avoid gym crowds, and enjoy the privacy of working out in your own space. Home treadmills are particularly useful for maintaining fitness during bad weather or busy days when going out isn’t an option.

Treadmill Workouts for Beginners

Starting with a treadmill can feel intimidating, but it’s easy to build a routine. Begin with light walking or jogging and gradually increase speed and intensity as your fitness improves. Many treadmills come with pre-set workout programs or can connect to apps that guide you through beginner-friendly routines.

How to Maintain Your Budget Treadmill

Proper maintenance keeps your treadmill running smoothly and prolongs its lifespan. Regularly clean the belt and deck to remove dust and debris. Apply treadmill lubricant as recommended by the manufacturer to reduce friction and prevent motor strain. Periodic calibration ensures consistent performance, especially if you use your treadmill frequently.

Budget Fitness Accessories to Pair with Your Treadmill

To create a complete home workout setup, consider adding affordable accessories. Resistance bands are great for strength training, dumbbells can enhance your overall fitness routine, and yoga mats provide a comfortable space for post-run stretching. These simple additions complement your treadmill workouts and help you target a variety of fitness goals.

Comparing Treadmills and Alternative Cardio Machines

While treadmills are a popular choice, they’re not the only option. Ellipticals, rowing machines, and stationary bikes each have unique benefits. For example, ellipticals offer low-impact workouts that are easier on the joints, while rowing machines provide a full-body workout. Understanding the pros and cons of each option can help you decide if a treadmill is the right fit for your needs.

Finding the Best Budget Treadmill Under $500 doesn’t mean sacrificing quality. By focusing on features like motor capacity, running deck size, and portability, you can secure a treadmill that meets your fitness needs. Once you bring home your treadmill, be sure to care for it properly to maximize its lifespan.

Best Budget Treadmill Under $500 - FAQ

1. Are budget treadmills durable?

Yes, many budget treadmills are built to last, especially if they come from reputable brands. Proper maintenance, such as regular cleaning and belt lubrication, also plays a big role in ensuring durability. Reading customer reviews can help you identify models with a good track record.

2. Can I use a budget treadmill for running?

Some budget treadmills are suitable for running, but it depends on their motor capacity and running deck size. Look for a treadmill with at least a 2.0 HP motor and a longer deck (20” x 55” or more) to accommodate longer strides.

3. How often should I perform maintenance?

Basic maintenance, such as cleaning and lubrication, should be done monthly. Check the manufacturer’s guidelines for specific instructions, as some models may need more frequent care depending on usage. Periodic inspections of the belt, motor, and incline settings can also help prevent issues.

4. Can I assemble a treadmill myself?

Most treadmills are designed for easy assembly and include step-by-step instructions. However, if you’re not comfortable with DIY projects, many brands offer professional assembly services for an additional fee.

5. Are there foldable treadmills under $500?

Yes, there are several foldable treadmills available in this price range. These models are designed for small spaces and can be stored vertically when not in use, making them ideal for apartments or homes with limited space.

By keeping these factors and tips in mind, you’ll be well-equipped to find a budget treadmill that meets your fitness needs without stretching your wallet.

Explore the options we’ve shared and start your fitness journey today! A better you is just a step away!

Related posts:

  1. Best Small Under Desk Treadmill
  2. Best Walking Pad with Handrails
  3. Best Budget Walking Pad Treadmill
  4. Best Walking Pad for Seniors with Arthritis

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