Best Treadmills Under $500 for Home 2023

There are home-use treadmills that can go as high as $3,000, but that doesn’t mean you spend all your savings on a workout machine. In recent years, the fitness equipment industry has seen significant advancements in technology and design, making it possible to find feature-rich treadmills even on a limited budget.

Best treadmills under $500 offer more simplistic experiences and allow you to get your desired fitness without a large financial commitment.

Our team is here with the top 10 best treadmills under 500 dollars that will be efficient for a complete workout without breaking the bank or burning a hole in your prized leather wallet.

We have put together all the information to find the best models that are sure to meet your expectations. We also have added a complete buyer’s guide on how to choose the best treadmill at this price range with all the factors to evaluate.

Best Treadmills Under $500 In 2023

No matter the type of treadmill (folding, under-desk, for walking or running) you’re looking for, here’s a quick rundown of all the best treadmills under 500 dollars. For each model, you will find the main technical characteristics and important features that add value.

QUICK OVERVIEW – THE BEST TREADMILLS UNDER $500

1. Goplus 2-in-1 Under Desk Treadmill: Our Top Pick

Compared to the same price treadmills from other brands, the Goplus 2-in-1 is one of the best folding treadmills under $500 with a lot of features and functionalities. This under-desk treadmill has 2 modes to meet your different workouts, so you can easily reach your fitness target more comfortably.

It is built with an ultra-quiet 2.25HP motor, which allows you to walk or run without disturbing others, making it ideal to set up both home and office use. With a sturdy and durable steel frame and multi-layer shield design, this 2-in-1 is the perfect home gym equipment. It is designed for long time use.

It has a 7-layer non-slip texture running belt that features a 40″ x16″ running area, which provides effective and safe cushions to your knees and muscles. In the walking mode, the speed of the running belt is 1-4km/h, and you can increase 1-12km/h while running mode.

The clear LED display shows time, speed, distance and calories, monitoring your progress in real-time and keeping your movement data at a glance. You can also connect this treadmill to your phone through Bluetooth and play music while running.

The remote control feature is convenient to adjust the speed of movement and you can stop instantly. Goplus 2-in-1 treadmill has a phone holder to watch videos or chat with friends. However, the maximum weight capacity is only 265 lbs, so is not suitable for lage or heavy people.

There is no assembly required, just plug and play. It folds nicely, you can store it room corner, under the bed, or even under the sofa set. The built-in transport wheels also make it easy to move from one place to another. And to ensure quality, Goplus offers 1-year hassle-free warranty.

However, here are the negative things that we have noticed while testing:

The running belt is just a bit too narrow, and the handle is still a little too far off-angle for shorter-armed people. We also spotted that it makes sounds while running at high speed, but it is normal. If these points are not a big deal for you, Goplus 2-in-1 treadmill could be a good starting point for increasing endurance and doing more intense workouts.

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2. RUNOW 3305EB Folding Treadmill: Best for Running

RUNOW is one of the largest fitness equipment manufacturing companies in China and comes to the market with some prominent features of advanced treadmills. The RUNOW 3305EB is a high-end and space-saving folding treadmill that you can buy for less than 500 dollars.

With substantial power and a large running surface area, it is one of the best treadmills under $500 for running and walking. And with manual inclines, it is extremely robust and equipped with programs and functions for professional-level training, motivated athletes and beginners.

RUNOW 3305EB electric treadmill is equipped with a large white light LCD display and 36 Pre-set programs that help you to monitor real-time data for each exercise, including speed, time, calories, distance and heart rate. It is built with one-touch operation system to help you enjoy running at home.

This folding treadmill comes with a powerful and pure copper motor which provides you a silent running experience with 0.6 to 8 MPH running speed adjustment. It has 16.5 inches wide multi-layer tread belt with first-class anti-shock system.

It has a maximum weight capacity of 220 pounds. The total assembled weight is about 91 LBS and its length is 46”. The highest deck height of manual inclines is 6.3″. The max power of the motor can reach up to 2.5ph. It will lock automatically when you raise the bottom part. The running length and width are excellent for fast running.

The package comes with assembly tools; you can assemble it quickly with no hassle. This model has roller wheels for ease of movement. The manufacturer also offers a lifetime frame warranty, 2-year motor warranty + 2 Years of Free Replacement Parts.

However, although RUNOW 3305EB running machine is well made, it produces a little noise while you’re trying to get in a jog/run at maximum speed. Also, this model is a bit small compared to the Goplus 2-in-1, but it’s a wonderful investment for what it’s worth though.

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3. Sunny Health & Fitness ASUNA 8730/G: Editor’s Choice

Without Sunny Health & Fitness, it is difficult to make an affordable gym equipment list in 2023, even for every category, we have listed on our website. However, the ASUNA 8730/G is their latest edition home treadmill powered by a 2. 5-Peak horsepower motor that supports speeds from 0. 6MPH to 8MPH.

It is built with on-console quick buttons so that you can change speed instantly. We bought this treadmill in particular since it was a space saver and we can confirm to you it is easy enough to take out from under your couch. It is built with on-console quick buttons so that you can change speed instantly. This is a good option for lighter exercises and faster walks or runs.

The dimensions are 59L X 30.5W X 40H inches, and the max capacity is 220 lbs. The deck thickness is 3”. It is potentially heavy for some people as it weighs 95 lbs. It has transport wheels that are about 1/2”-3/4” which makes this treadmill easy to move on hard floors by one person.

You can connect the music device to the onboard headphone port to listen to the music through the integrated speakers. The ASUNA 8730/G model also has a tablet holder so that you can mount smart devices. It features an integrated pedometer to track your steps during each exercise session.

To protect it from possible damage, you can store it in an upright position leaning against a wall for better support. The machine itself works very smoothly and effortlessly even without carpet. It has the normal amount of noise that is expected with a running machine, won’t bother you.

Compared to the other best budget fold-up treadmills on this list, the ASUNA 8730/G has pleasant features and outstanding performance. It also comes with a 180-day warranty for parts and a 5-year for the frame.

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4. Merax Folding Treadmill with Speaker: Real Space Saver

Merax electric folding treadmill is built with a compact footprint and fast folding design with convenient transportation wheels so that you can move around without any hassle. This model is lightweight, and with 55 x 23.5 x 43 in folding dimensions, you can easily store it in your living room, study room, a small corner or under the bed.

It has a multi-functional LCD display that tracks your performance in time, speed, distance & calories burnt. The control panel is very user-friendly and comfortable to use (running and walking). It promises to deliver a superior and effective home workout. You can play music via the speaker.

A quiet and smooth 1.5HP motor allows 12 preset programs and 3 count-down modes and supports speeds ranging from 0.8–12 KM/H. Merax folding treadmill has quick shortcut buttons on handles to help you instantly start or stop the running machine or easily change speed settings during the workout.

The base is sturdy; the belt is wide and long enough for most people. The cushioning absorption system is a big plus of this model for more comfort and less stress on the joints and knees while running.

This small treadmill has both manual and pre-set modes. It weighs around 75 lbs with a maximum capacity of 220 lbs. It is also very easy to assemble, you just take less than five minutes.

Merax folding treadmill is slim. But when you want to catch your breath and stand on the sides, it’s hard to do. We like that you can set it to count down from the miles or time.

However, it may be a little difficult to bend down to remove the side latch if you have long-time back pains. Another improvement would be moving the power button; very difficult if you have back issues.

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5. FYC Portable Treadmill: Best for Small Space

Another noteworthy product on the market is the FYC. FYC is one of the best portable treadmills under $500 for home. It was made in China. However, the company offers 2-year warranty to ensure long-lasting durability. It combines numerous functions that are typically found on high-end models.

FYC electric treadmill is built with a multi-functional LED display that tracks your performance in time, speed, distance, and step to promise an effective home treadmill workout. To burn calories more effectively, it has 12 different running program settings, so you can choose the best plan to suit your need.

FYC folding treadmill comes with a phone holder, you can put your phone or pad on the holder and talk with your friends or watch your favorite show when you work out. It has a safety key with a clip connection so that you can stop it immediately in an emergency, and protects during exercise.

This model is designed with a low-noise motor. When you use it, it’s the same volume as the conversation, so don’t need to speculate about whether it will disturb your family and neighbors while exercising. 1.5HP motor ensures light performance for running or walking in your home or office.

It does not require any screws when you install it; just rise the frame and rotate the knob. The transport wheels are attached for easy moving. You can store it under the sofa, corner or under the bed.

The maximum load capacity is 220 LBS. However, the highest speed is 6.5 MPH, which is pretty low. That means it is good for walking. The belt is too narrow and the machine shimmies and shakes if you try a light jog. Think of it as something that can be a complement to a wider range of at-home equipment.

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6. Goplus Treadmill: Best Under Desk Treadmill

Goplus slow-walking under desk treadmill machine can withstand up to 220 pounds. It has a 41″ x 17″ walking area, which provides you with a more comfortable running experience even if you have wide feet.

Compared to the traditional folding treadmill, it is really compact & slim that won’t waste your space even though when you don’t use it. It allows you to store it in any tiny location such as under the sofa, under the bed, or at the bottom of the wardrobe. You can also put it up against the wall and it is easy to roll around.

With this under-desk electric treadmill, you can select different speeds based on your physical condition. For example, you can set the desired speed from 0.5 to 4 MPH. There are 12 easy-to-use exercise programs, this helps to improve your cardiovascular fitness, boost your health, and burn fat.

This model consists of a decent motor especially improved for a quiet and comfortable workout. It has eight rubber columns and foot pads that can effectively reduce the vibration generated during exercise.

It has an incline and a variety of levels to choose from. The incline gives you the best results for an amplified workout! This model is fully programmable with a remote and it has an emergency brake button on the remote. So when an accident occurs, you can stop it, just press the button.

It features with touchable LCD display, that shows real-time workout, speed, distance and calories. This smart display allows you to use it even if the remote control is damaged.

Goplus under-desk treadmill has two strong wheels, allowing you to move and carry it easily. It comes with 3″ pedals that guarantee your high safety during exercise. Overall, it could be a great choice under 500 dollars for anyone who works from home and wants to stay active throughout their workday.

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7. MARNUR Folding Treadmill: With Incline

We go down again in price and obviously, we find models more suitable for a brisk walk than a jog. MARNUR folding treadmill could be a great choice for running, walking, and doing aerobic exercises at home.

It is built with 17 × 43 inches wide running surface, which is comfortable safety on both sides along with a non-slip diamond-patterned running belt. The double-layered cushion prevents the impact of running and effectively protects your knees and ankles.

MARNUR electric treadmill is equipped with 15 preset training modes and 3 manual inclines so that users can choose the most suitable program according to the amount of exercise needed. The intensity is fully customizable by adjusting the treadmill speed.

The heavy-duty running machine is formed with premium stainless steel, capable of load maximum of 220lb. It isn’t too heavy. And with the transportation wheels, you can move easily anywhere in your house. This model is simple to put together and store, making it perfect for the office.

MARNUR folding treadmill is equipped with adjustable slope angles, so you can easily switch between them. It is built-in with 2.5HP powerful motor and noise reduction system, you can run up to 8.5mph while noise lower than 60db. It is stutter-free for smooth running.

The handle has a heart rate detector that automatically reads your heart rate by touching the handrail for accurate sense. The LCD display shows the time, speed, distance, and calories burned are not missing. This is a starting treadmill with features that mirror on a budget treadmill.

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8. ANCHEER Folding Treadmill: Best for Walking

ANCHEER 2 in 1 folding treadmill comes to the market with unique features and enormous advantages. It is the best space-saving folding electric treadmill under $500, ideal for slimming and running workouts.

This model is equipped with 12 pre-installed programs. It has a solid construction with high grade steel frame and with ultra quiet 2.25HP motor. It offers a maximum speed of 12 Km / h. You can go longer because you don’t get as tired with this model.

The best thing is the cushioned walking pad, you just don’t have the weight effect. This folding treadmill is shocked Absorb greatly & quietly, which ensures quiet & comfortable running! It is built with an easy folding mechanism and a soft drop system that helps you fold and unfold safely and with ease.

It comes with remote control features to adjust the speed or stop the treadmill. You can connect the device with Bluetooth to play music or watch movies by phone holder. The safety key ensures instant shut-off under an emergency situation.

It developed a 12-layer high-tech running surface that is equipped with 40×16 inches running area and extra side treads for more safety. This 2-in-1 treadmill is therefore recommended for those looking for a foldable multi-functional treadmill for walking at an affordable price.

It is also portable and easy to move. You can easily store it under the bed thanks to the transport wheels or in any room without taking up too much space. To ensure quality, ANCHEER folding treadmill comes with 1-year quality warranty with great customer service.

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9. FISUP Foldable Treadmill: Best for Heavy Person

The FISUP is among the best treadmills under $500 for apartments currently on sale in the low-medium price range. It is equipped with a multimedia console and is ideal for multiple users. FISUP treadmill offers advanced features for home training even intense, thanks to the high speed it can reach.

It is built with a large running surface which ensures you comfortable running experience. It is highly secure for heavy people. FISUP electric treadmill is easily foldable and built-in installation-free design with a maximum weight capacity of 260LBS.

The new touchscreen LCD display provides new tactile sense and shows distance, speed, calorie burns and time. It also has a smart device holder with an MP3 music interface that provides convenience for your exercise.

It is constructed with energy conservation and environmental protection, which makes your workout more relieved. With 12 preset programs, the maximum speed is 10km/h and the minimum speed is 1km/h. You can choose from three modes and set up the training program more conveniently.

This model can also be operated Via App. You can not only control the speed, time, distance and calories Via App but also monitor, track and compare daily workout data on your smartphone screen.

FISUP treadmill runs very quietly not to disturb anyone. It has a slight incline but if you like a flatter surface you can just put some splints under the two back legs and it works great. We also like that it takes up a minimal amount of space, making it ideal for the office or for home use.

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10. MaxKare Treadmill: Quiet Folding Design

We conclude by introducing you to one of the best-selling and reviewed budget treadmills under 500 dollars, an item that has satisfied most buyers enough to earn 80% of the 5-star reviews. This treadmill is a perfect example of a unique design in the service of efficiency.

This ultra-silent folding treadmill allows intensive professional training suitable for running, walking, jogging, and more. It is built with a powerful motor that reduces noise considerably. Even at the highest speed, the noise is lower than 60 dB.

It has a large running surface. The 4 white light LCD displays, 15 Pre-set programs, and easy one-touch operation help you to enjoy the joy of running at home. The large LCD display monitors real-time data for each exercise, including speed, time, calories, distance, and heart rate.

It can track your heart rate, and you can use the handrail to change the speed or start and stop running. The simple folding mechanism and soft-drop system help you set up or fold easily and safely. It will lock automatically when you raise the bottom part.

You can adjust the speed range from 0.5 to 8.5MPH. It is compatible with different workout strengths for different aged groups, from beginner to professional. And with transportation wheels, you can move the treadmill to any place conveniently and not interfere with daily housekeeping.

MaxKare folding treadmill also has a pad/phone holder; you can watch your favorite shows during exercise. The cup holder is very convenient to drink while running. Overall, if your goal is to take fast walks to lose weight, the MaxKare is a treadmill designed for your needs.

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How to Choose the Best Treadmills Under $500

Before making the final purchase decision, it is important to familiarize yourself with the key specs and features to decide what you are really looking for on your home treadmill under 500 dollars. Now let’s go to grasp something that could be helpful for your future purchase.

Types of treadmill

There are two main types of treadmills: the electric ones, which work with a motor, and the magnetic ones, where instead the tape flows thanks to magnetic resistance.

• Electric treadmill: Electric treadmill is more professional. Electric treadmills are used in gyms and are most effective and easy to use. It is enough to set the speed and run or walk on the belt that runs automatically.
• Magnetic treadmill: In magnetic treadmills, the belt flows only, thanks to the strength of the movement of the legs of those who use it. For this reason, they are not suitable for fast running, but only for walking and best for light running.

However, it is good to know that not all treadmills are the same. Some models are designed for professional gym use, so they are very expensive and bulky, and you can rarely find a good professional gym treadmill under $500. Others are ideal for home use; they have a significantly lower cost and a smaller footprint.

Structure & performance

Once the type of treadmill has been chosen, the structure and performance must be carefully evaluated.

In the case of electric treadmills, these depend primarily on the type of motor. The engine power is expressed in horses, it goes from a minimum of 1.5 Hp to a maximum of 3.5 Hp in the models for domestic use, and reaches up to a maximum of 6 Hp in the professional ones.

An important element for both electric and magnetic treadmills is the maximum sustainable load, which usually ranges from a minimum of 100 kg or less to a maximum of 150 kg. Obviously, the greater the weight supported, the better the strength of the surface.

Programs & speeds

For effective training, it is important that your treadmill has multiple speeds and training programs. It is noteworthy that if possible, you can choose different levels of resistance, which make the movement of the belt more or less difficult and therefore more or less intense the training.

A common element for both types of surfaces is the slope. The ideal option is to choose a treadmill with multiple levels of inclination, to be selected manually or automatically. In fact, the slope makes the training more intense and effective.

Most electric treadmills have preset training programs, which automatically adjust speed, incline and duration.

Some treadmills can also monitor your heart rate and choose the most suitable program.

Extra functions

Several treadmills have extra accessories and features, although not essential, which can improve the quality of the workout. The most common are:

Shock absorbers

It is important that these devices are of good quality to prevent the impact of the stride in walking or running going to overload the knee and ankle joints or the back. The more robust the treadmill is and the closer it is to the professional type, the more precise the cushioning systems will be.

The thickness of the tape contributes to the cushioning effect and usually varies from 1.2 mm to about 4 mm in professional products and in those specifically designed for muscle or joint rehabilitation; the thicker the tape, the better the cushioning for the user.

Speed levels

Speed levels can vary and usually reach a maximum of 10 MPH in professional-type treadmills. Attention must be paid to the fact that the speed cannot be set in the magnetic type treadmill, which does not work with an independent movement of the belt.

However, thanks to the thrust, given by the legs and feet user.

Size and dimensions

By size and dimensions, we mean the actual dimensions of the treadmill that must consider before making the purchase decision. If you wish to move the treadmill from one room to another in your home, make sure that the model you have chosen is equipped with wheels.

As for the size, it is necessary to know that most of the treadmills under $500 on the market are designed for domestic use. If you don’t have a lot of space in your home, you should choose a small size treadmill, both when open and closed, without forgetting to check the size of the running belt.

Running surface length

The length of the treadmill is to be chosen according to the height of the user and the speed of running or walking. The minimum size of the running belt at 40 x 120 cm or 15.5 x 45 in; a smaller size is in fact not very safe and can be the cause of falls and accidents.

If you use the treadmill for walking, even the smallest size should be sufficient. However, if you are very tall or want to use the running tool, then the running belt must be larger.

In the comparison table, we have collected the recommended running belt length based on user height and speed.

Smart connectivity

Generally, the best treadmills are equipped with an internet connection which combined with a fairly large display, allows you to watch videos or follow TV series. They can communicate with other mobile devices to stay connected throughout the session.

These features are important for those who are not familiar with training in a closed environment and find it more difficult to maintain constancy. Distracting yourself by watching your favorite shows can be a great way to achieve your goals.

On the contrary, those who are more determined will find valuable support in the videos of exercises or in the simulation of outdoor running, where these are not included in the integrated programs, it will be possible to exploit the Internet to expand their knowledge on the matter.

Brand and price

Choosing treadmills from brands specialized in the production of sports equipment such as ProForm, Goplus and Sunny Health and Fitness. Just to name, they definitely guarantee good quality.

However, we must not rely only on the brand and the price, we must above all evaluate the technical characteristics that we have seen so far, to determine if the treadmill has a good quality-price ratio.

Frequently Asked Questions

How fast can I run on a treadmill?

There are ideal speeds available according to your fitness aim. You should run between 4 to 7 km / h for muscular work and exceed 7 km / h to lose fat. For endurance, between 5 and 8 km / h is fine. But the important thing is that you are on a speed that allows you to go to the end of your session and start again a few days later, especially when you start.

Electric or magnetic treadmill: which model is the best?

Of course, you have to understand what needs it has to meet. If you are young and want to train every day, we recommend the electric models, because they allow you to do more intense workouts. On the other hand, if you are older in age and you need to take a light / moderate walk every day, magnetic mats can be for you.

What to choose: elliptical trainer or treadmill?

Both devices are in demand in the home gym because they really work a large part of the body. However, they don’t do it the same way. If the treadmill is the most versatile device and offers better muscle building, it is the one that weakens the joints the most.

Conversely, the elliptical trainer avoids feeling tired too quickly and allows more gentle work. Either way, the number of calories burned will be the same.

How to lose weight with a treadmill?

To lose weight, you shouldn’t think of the treadmill as a quick fix. You must have a plan to program over the week with several sessions. Regularity really takes precedence. It is therefore not useful to run with all your strength the first time and then do nothing for 10 days.

However, you must remember to hydrate yourself well and include changes in your eating habits.

How do I know I’m burning fat on the treadmill?

Many treadmills are equipped with a large LCD screen. These can be extremely helpful when you are trying to lose weight and keep track of calories, speed, distance and heart rate. These will provide an accurate report of the number of calories burned.

Some models are also equipped with a hand sensor. These are located in the railing area of ​​the treadmill and can be extremely easy to control your heart rate as well. You can easily check your progress with these features.

How much does a good treadmill cost?

As we previously mentioned, treadmills are available on several budgets. For a minimum of comfort and performance, you need to plan around 300 dollars. This price range is especially valid for athletes who are looking for a foldable treadmill for non-intense use. Otherwise, it is possible to find mechanical folding mats for less than 300 dollars with very basic functions.

Over $300 to $800 on average, you can get a comfortable and powerful model. And in this price range, you’ll be dealing more with mid-range, high-performance folding treadmills. They will be able to withstand regular training and a speed of up to 18 km / h depending on the model.

If your hobby is more extreme racing and powerful emotions, count at least 1000 dollars and more to treat yourself to a high-end racing machine. Although its price often seems very expensive, it will save you a lot for a long time because they are designed to provide long time service.

What is the ideal motor power for a home treadmill?

Aim for a treadmill with at least 2.0 CHP to handle regular workouts without strain.

In Conclusion

Everyone wants a toned and snappy body. But how do you find the right equipment for physical activity? The treadmill is one of the best exercise machines for cardio training, running or walking. Choosing the best treadmill under 500 dollars for home use depends above all on the aim of use like sports training, fitness, physical maintenance, weight loss, rehabilitation, etc. And the intention of use such as occasional, regular, intensive, and multi-person.

We have talked about basic to advanced treadmill features that a good treadmill should have. The price is contained and sustainable considering its quality.

Our last piece of advice is to choose a reliable and perhaps already-known brand. It is noteworthy to observe the structure of the model, the possible training programs, the maximum speed it can reach, and the weight it can sustain.

Hope you find the right model for your needs.

If you have any questions, leave a comment below and we will answer them.

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