Best Treadmill Under $500 – Find the Right Machine

Treadmills

Best treadmill under $500

Image: Amanda Mills

The number of people who are into keeping fit and staying healthy is on the rise. In fact, the health and fitness industry is currently worth billions of dollars. Just about everyone wants to look attractive by having a slim and perfectly sculpted body, and that's why going to the gym, exercising, and engaging in various physical activities have never been more popular.

Have you been looking to start a fitness regimen, but feel like you have limited free time? Or maybe you dislike the idea of signing up for a gym membership? If this is your case, you should look into buying a machine for your home, where you can work out with privacy, whenever you want. With that in mind, we compiled a list of the best treadmills under $500, just for you. 

Why should you have your own treadmill at home?

Having your own treadmill will prove to be a valuable fitness investment in the long run.

For starters, you can start working towards your weight loss goal, since you can exercise right at your own home. Instead of watching your favorite TV shows while sprawled out on your couch, you can use your treadmill and watch how time flies. Imagine unwinding and exercising at the same time!

Secondly, buying one of the best-rated treadmills on the market will ensure that you will no longer have an excuse to skip exercising. You can use your treadmill even during bad weather, since you'll be nice and cozy indoors. You can also vary your workout routine by looking into different treadmill exercises available online.

Lastly, having your own treadmill at home will give you full control. You can decide the time, duration, day, and other variables in your workout routine, since you won't be dependent on anyone.

Get the best treadmill for your needs by following these key factors

If you're hesitant about taking the plunge because you're worried about spending the big bucks, rest assured that you can definitely find a treadmill that is reasonably priced.

While buying a treadmill at an affordable price may have been an impossible feat a couple of years ago, the process has become much easier, thanks to Internet. All you have to do is browse through the treadmill reviews below and see which one best fits your requirements, and your budget.

However, before you start shopping, you need to know what you should look for. Here are some of the most important factors to consider when shopping for a treadmill:

  • Size (vis-à-vis the available space in your home)
  • Type (motorized or manual)
  • Efficiency
  • Adjustability
  • Special features
  • Price
  • Warranty

The factors above are just some of the things that you should always check out before you make a purchase. Ultimately, you need to keep in mind that the best treadmill for the money should be one that is best suited for your needs and would truly be inviting enough for you to use on a regular basis.

To better help you in the selection process, we compiled a list of the best treadmills under $500. But before we get into every last detail, here's a chart with some of the highlights. 

Quick comparison: Best treadmill under $500​

Treadmill model

Features we love

Rating

Buy it now

Akonza 1.7HP Folding Electric
Portable Treadmill

best-treadmill-under-500

- Convenient to move
around and store
- Easy to assemble
- Easy to fold
- Affordable
- Extremely sturdy
and well-made

Exerpeutic Fitness Walking
Electric Treadmill

best-treadmill-under-500

- Can be moved quite easily
- Easy to assemble
and store
- Controls in
convenient locations
- Easy to operate

Weslo Cadence G 5.9 Treadmill

best-treadmill-under-500

- 2 position manual
incline to
increase intensity
- Compact and easy to fold
- Thumb heart rate monitor

- Great bang for your buck

Exerpeutic TF1000 High Capacity Walk to Fitness Electric Treadmill

best-treadmill-under-500

- Has a safety feature to protect users from slipping
- Extra-long safety handles
- Folding frame

Sunny Health & Fitness SF-T7603 Electric Treadmill

best-treadmill-under-500

- 9 built-in user programs
- Easy to fold and unfold
- Controls are on handrail for maximum convenience
- Compact and easy to assemble

Merit Fitness 725T Plus Treadmill

best-treadmill-under-500

- Intuitive console
- Spacious belt
- Aerosoft cushioning
system on the belt
- Thumb pulse heart
rate monitor
- Easy to start and stop
- Auto incline

ProForm ZT4 Treadmill

best-treadmill-under-500

- Grip pulse EKG
heart monitor
- Music port for iPod
- CoolAire workout fan
- ProShox cushioning
- Space saver design
and foldable
- Easy to use

Now that you have a better idea about some of your options, check out our in-depth reviews of each model below. 

Akonza 1.7HP Folding Electric Portable Treadmill 

This portable treadmill is best for people who have limited home space for exercise equipment. Unlike other treadmills that are large and heavy, this particular model is much smaller and can be readily assembled as well as folded and stored after each use.

This foldable treadmill is made from a heavy-duty steel frame and can carry a maximum weight of 240 pounds. It also comes with a LED display which keeps track of time, distance, calories, speed, and level, so the users can better track and plan their fitness progress.

best-treadmill-under-500

Technical specs

  • Overall Dimensions: 27-1/2 inches (W) x 55 inches (L) x 52-1/4 inches (H)
  • Folded Dimensions: 27-1/2 inches (W) x 23 inches (L) x 54-1/4 inches (H)
  • Runway Size: 15-1/2 inches (W) x 43 inches (L)
  • Speed range: 3 to 7 km/h
  • Weight Capacity: 240 pounds
  • Power: 1.7hp
  • Rated Voltage: 110V
  • Rated Frequency: 60 Hz

Pros

  • Space saver
  • Quiet
  • Easy to assemble/ fold
  • Convenient to move around and store
  • Best for walking exercises
  • Accurate pre-set speeds
  • Affordable price​

Cons

  • Limited speed for running (7km/h)
  • Limited weight capacity

​Our favorite feature

This treadmill is surprisingly much sturdier in reality than how it looks (considering that it is foldable as well. One can get a satisfying workout without having to invest in bulky gym equipment that takes up too much space and very complicated to operate.

Who is this treadmill perfect for?

This treadmill is perfect for people who want to exercise at home but have very little space to invest on bulky exercise equipment. This treadmill can be conveniently assembled anywhere in the house because of its rolling wheels and easy instructions. It can also be folded up and put away easily when not in use so it does not permanently take up one’s limited space at home.​


Exerpeutic Fitness Walking Electric Treadmill

Walking is arguably the most popular activity anywhere in the world, considering that it can strengthen different muscles and burn calories with almost no risk of suffering from exercise-related injuries. This is the philosophy behind this walking electric treadmill. It's designed so that users will be able to exercise with ease and convenience, thanks to its shock absorption capacity and extra-supported heavy duty frame.

This walking treadmill also comes with an LCD display window that shows elapsed time, distance walked, the number of calories burned, as well as speed, so that the user can readily monitor his or her fitness performance. It also also has built-in transport wheels that make it easy to move around, and a foldable design so that it can be easily stored when not in use.

best-treadmill-under-500

​Technical specs

  • Dimensions: 29 inches (W) x 47 inches (L) x 51 inches (H)
  • Walking Surface: 36 x 16 inches
  • Weight: 110 pounds
  • Speed range: 0.4 to 4 m/h
  • Weight Capacity: 350 pounds
  • Power: 1.5hp

​Pros

  • Space saver​
  • High maximum weight user capacity
  • Can be easily moved anywhere in the house
  • Easy to assemble and store
  • Controls are placed in convenient locations
  • Quiet

Cons

  • Limited walking platform (can be a problem for users with long strides)​
  • No incline option

Our favorite feature

This treadmill is compact, lightweight, and foldable yet able to hold a user who weighs over 300 pounds! This means anybody can start a fitness regimen, burning a couple more calories every day without having to exert too much effort or push the body too hard.

Who is this treadmill perfect for?

This treadmill is perfect for people who are looking for fitness equipment that goes easy on the muscles and joints and can be readily used without risking injury. As a result, it's best suited for beginners, seniors, and anyone who wants to burn calories, tone muscles, and gain all the benefits of a complete exercise without having to worry about sore muscles and joints.​


Weslo Cadence G 5.9 Treadmill

This treadmill is one of the best treadmills not only for its affordability but for its outstanding qualities as well. It is foldable and compact which makes it perfect for people who have limited home space. It is also versatile considering that one can carry out a fitness program ranging from simple to high-intensity by merely using this treadmill.

The Weslo Cadence treadmill ensures that every user can get the maximum benefits of a thorough workout through its six personal trainer workouts and 2-position manual incline options. It also has comfortable cushioning to make every use comfortable and convenient to the user.

best-treadmill-under-500

Technical specs

  • Dimensions: 29 inches (W) x 64.5 inches (L) x 55.5 inches (H)
  • Surface Dimensions: 16 x 50 inches
  • Weight: 119 pounds
  • Maximum Speed: 10 m/h
  • Weight Capacity: 250 pounds
  • Power: 2.25hp

Pros

  • Space saver​
  • Can be easily assembled
  • Can be easily folded and stored when not in use
  • Preset workout features
  • 2-position manual-incline to increase intensity
  • Compact and sturdy

Cons

  • Lacks special features (e.g. speakers, water bottle holders, etc.)

Our favorite feature

The best thing about this treadmill is that it allows the user variations in terms of exercise options. The treadmill’s personal trainer workouts, as well as incline features, allow you to go from walking at a beginner’s level to an advanced and more intense workout without having to purchase new exercise equipment.

Who is this treadmill perfect for?

This treadmill is perfect for individuals who want a high-intensity and high-calorie burning workout. The treadmill’s built-in workouts, as well as its 2-position manual incline, are sure to burn a lot of calories by pushing the body to work hard every time you use it. This means maximum exercise benefits, faster!​


Exerpeutic TF1000 High Capacity Walk to Fitness Electric Treadmill

This treadmill allows the user to enjoy all the muscle-toning, calorie-burning, and metabolism-enhancing benefits of walking without having to experience the downsides. Walking outdoors can be strenuous on the joints and feet and can lead to discomfort and even injuries in the long run – all of which can be avoided with this treadmill by Exerpeutic, thanks to its shock absorption feature.

This treadmill has been tested for durability and the ability to withstand frequent use and a high body weight of up to 400 pounds. While it's sturdy and can be used by tall and larger individuals, it's also compact and can be conveniently moved around the house because of its built-in wheels and foldable design.

For better monitoring of your progress, this treadmill comes with an LCD display window that shows the distance walked, elapsed time, speed, calories burned, and pulse rate.​

best-treadmill-under-500

Technical specs

  • Dimensions: 32 inches (W) x 51.2 inches (L) x 63 inches (H)
  • Track Dimensions: 20 x 40 inches
  • Weight: 120 pounds
  • Maximum Speed: 4 m/h
  • Weight Capacity: 400 pounds
  • Power: 1.5hp

Pros

  • 18-inch handrails for better safety and security​
  • Space saver
  • Easy to assemble
  • East to store and transport
  • Able to support a maximum of 400 pounds
  • Has a safety key feature to protect the users in case they slip
  • Quiet

Cons

  • No workout programs​
  • No incline

Our favorite feature

The best thing about this treadmill is that it's heavy duty, despite being compact and light. This means that it can be used by individuals regardless of size, age, and weight, as well as those who are living in small apartments or houses.

Who is this treadmill perfect for?

This treadmill is perfect for people who want to start and maintain a fitness regimen that is not physically demanding and easy on the joints and muscles. Many people have a hard time maintaining a fitness regimen that is difficult and physically exhausting. Using this treadmill will help any user stick with their fitness plan.


Sunny Health & Fitness SF-T7603 Electric Treadmill

This foldable yet sturdy treadmill is perfect for individuals with varying exercise goals, considering that its intensity and difficulty can be readily adjusted by changing its incline, using its built-in fitness programs, and adjusting its speed.

The user is in control with this treadmill, as all the necessary buttons (start, stop, and adjust speed) are conveniently located in the handrail. It also has a display feature showing the time, distance, speed, and calories burned to better track the user’s performance and progress.​

best-treadmill-under-500

Technical specs

  • Dimensions: 27 inches (W) x 62 inches (L) x 47 inches (H)
  • Track Dimensions: 16 x 49 inches
  • Weight: 103 pounds
  • Maximum Speed: 9 m/h
  • Weight Capacity: 220 pounds
  • Power: 2.2hp

Pros

  • Easy to assemble​
  • Easy to store
  • Space saver
  • Quick control buttons on handrails
  • Magnetic key safety feature
  • Value for money
  • Lightweight yet sturdy
  • High maximum speed

Cons

  • Lacks special features (e.g. tablet holder, speaker)​
  • Limited weight capacity

Our favorite feature

The best thing about this treadmill is that it can provide a good workout regardless of the user's fitness level. Beginners can use this treadmill initially for walking without adjusting the incline. Mid-level and advanced fitness enthusiasts can increase the level of intensity by merely adjusting the incline and increasing speed.

Who is this treadmill perfect for?

This treadmill is perfect for individuals who want to maintain a good fitness regimen but have little time to go to a fitness facility or have very little available space to invest in large gym equipment. This treadmill provides a good workout in varying degrees without taking up a lot of floor space.​


Merit Fitness 725T Plus Treadmill

This treadmill is one of the best for individuals who are advanced in terms of their fitness level and those for who desire to start a fitness routine and progress to more challenging workouts in the long run. The Merit Fitness has seven workout programs that simulate hill and mountain climbing, as well as cardio and endurance workouts, among others.

While this treadmill is sturdy and has built-in programs for a difficult exercise regimen, it also comes in foldable and easy-to-store design. It also has special features for users to better monitor their fitness progress such as an LED display showing the resistance level, speed, time, distance, heart rate, and calories burned.​

best-treadmill-under-500

Technical specs

  • Dimensions: 31 inches (W) x 52 inches (H) x 71 inches (D)
  • Folded Dimensions: 31 inches (W) x 53 inches (H) x 34 inches (D)
  • Workout Surfaces: 18 x 45 inches
  • Weight: 121 pounds
  • Speed Capacity: 10 m/h
  • Weight Capacity: 250 pounds
  • Power: 2.2hp
  • Incline: 0-10 %

Pros

  • Space saver​
  • Easy to assemble
  • Easy to store (foldable)
  • Quiet
  • User-friendly controls
  • Built-in workout programs
  • Value for money

Cons

  • Very sensitive security-locking mechanism​

Our favorite feature

The best thing about this treadmill is its versatility. While ordinary treadmills tend to provide an avenue for simply walking and running, this treadmill has built-in programs that can provide the same level of intensity as different outdoor sports and high-intensity exercises. This means that it can be enjoyed by all fitness enthusiasts for a long time without getting bored.

Who is this treadmill perfect for?

This treadmill is suited for individuals who want different challenging workouts without having to go outside or exercise in a gym. Its seven workout programs ranging from cardio-building to strength-training  will surely satisfy such individuals’ craving for challenge and high-intensity workouts.​


ProForm ZT4 Treadmill

This treadmill will give any user a full fitness experience as it contains 16 built-in workouts, created by a certified personal trainer. Apart from providing challenging exercise variations, it's also loaded with special features to ensure that time spent on this machine is comfortable and fun. This includes a CoolAire workout fan, a special cushion, and iPod-compatible audio for playing your favorite workout playlist.

Furthermore, this treadmill has a foldable design for easy storage, and a compact built so that it can be used in a small space. It has been created by one of the leading fitness manufacturers in the industry, ProForm, which means that it's designed to be durable and is high-quality.​

best-treadmill-under-500

Technical specs

  • Dimensions: 33 inches (W) x 65 inches (L) x 56 inches (H)
  • Tread Belt Dimensions: 50 x 18 inches
  • Weight: 160 pounds
  • Speed range: 0 to 10 m/h
  • Weight Capacity: 300 pounds
  • Power: 2.5hp
  • Incline: 0-10% (automatic)

Pros

  • Space saver
  • Easy to assemble
  • Easy to store
  • 16 built-in workout programs
  • Inclusion of special features like sound system, workout fan, and accessory holders
  • Quiet
  • Low maintenance​

Cons

  • Short power cable​

Our favorite feature

The best thing about this treadmill is that it combines reliability with usability. It's sturdy and built with quality materials, but it's also packed with different options to make exercising an enjoyable experience. It's also designed to be user-friendly and convenient.

Who is this treadmill perfect for?

This treadmill is perfect for individuals who get bored easily by the same workout routines. The 16 built-in workouts provide a fresh and exciting experience. Moreover, given its special features, working out on a treadmill is fun and comfortable.​


While the treadmills discussed above differ considerably, the final verdict as to usability will still depend on your needs and requirement, as well as your expectations.

High technology features may not be appealing to you if you just want a simple routine workout (walking/jogging) that can be done at home. Like any equipment in the market, there's always that one model that's perfectly suited for you.

Ultimately, our selection of the best treadmills under $500 just goes to show that it's possible to purchase a great machine for not very much money, and that quality and functionality can actually be affordable and reasonably priced.