7 Great Folding Treadmills Under $500

7 Great Folding Treadmills Under $500 For Your Home Gym

Folding Treadmills for a home gym are now more affordable than ever. In this post, I’ll go over the best budget folding treadmills on the market right now. The treadmills on this list are all less than $500. They can help you get in shape and stay healthy as a standalone piece of cardio equipment or as an addition to your home gym.

Check out our top picks for this year and next if you want to lose weight, get fit, or simply improve your overall health. Previously, finding a great treadmill for your home gym could cost you more than $1,000 for a suitable treadmill that does the job you want, but that is no longer the case.

If you are a dedicated runner who runs close to 20 miles per day while training for a marathon, these treadmills may not be for you.

However, if you want to improve your cardio one mile at a time, these treadmills are ideal. I understand that many of us associate low-cost equipment with items that break down in a matter of months, but this is not the case with the treadmills reviewed here.

These treadmills have some advantages over the more expensive treadmills that are currently competing for your money. Something to keep in mind when shopping for cardio fitness equipment is that the more expensive treadmills tend to take up much more space than many of us have in our home gyms.

If you’re concerned about space, the treadmills we’ll be reviewing here are small and compact even when open. However, the treadmills listed in this article are folding treadmills, so fold the cardio machine when not in use for a smaller footprint in your home.

Running or walking on a treadmill is a popular cardio workout; however, unless you run 20 miles every day or are training for a marathon, you don’t need the expensive and fancy treadmills. These folding treadmills are reasonably priced and reliable enough to get the job done.

The following recommendations are divided into two parts. First, years of blood, sweat, and tears spent trying to stay in shape after a near-death experience has given me experience and knowledge of cardio equipment.

Second, these are suggestions based on ratings and reviews from people who have used these treadmills for an extended period of time.

folding treadmill

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A Treadmill that costs less than $500?

You don’t have to spend a lot of money on home gym cardio equipment to get a great workout. If you are thinking about a low-budget folding treadmill, here are some reasons why they are just as good as pricier models.

Efficiency – An economical treadmill can burn the same amount of calories and improve your health just as much as a treadmill machine that costs several times more. An important factor to consider when you’re purchasing a low-cost treadmill is to make sure it has the best weight capacity, and motor speed for the cardio exercises you will perform.

Features – When researching the right treadmill for you, check the features of the cardio machine like speed adjustment, adjustable incline, and heart rate monitor that are important for a great treadmill workout. Sure other features are great to have, but if they are not going to burn any more calories, then you don’t need them.

Warranty – If you are going to run marathons daily on a treadmill, then these treadmills might not be the perfect fit for you. But, if you are a beginner or intermediate runner looking for a treadmill machine to help improve your running distance over time, these affordable treadmills should last. Don’t get me wrong, a more expensive treadmill that costs several thousands of dollars will probably last longer, but who has that money to spend nowadays?

Less footprint in your home – As I mentioned above, the more expensive treadmills normally take up more space and weight a lot. If you don’t have much space to give in your home, a less expensive folding treadmill can fit into a spare bedroom or den with ease compared to much larger models. A folding treadmill allows you more space to add some more fitness accessories like free weights and a yoga mat.

Easier to Assemble – The problem with expensive treadmills is they sometimes require an engineering degree to put together, compare to a cheaper-priced folding treadmill. Most lost-cost folding treadmills can be put together in less than 30 minutes. 

Sure when you are buying a cheaper treadmill you can give and take on features, but never compromise on build quality.

Things to Consider When Buying a Treadmill

Before you make a rash decision and buy the first treadmill that stands out for you, you need to consider the following to be comfortable in our folding treadmill purchase. 

Running Surface – Having the proper running deck that is stable and firm is important to those using the treadmill for walking or running. The running deck should also give enough cushion to mitigate knees and hip discomfort. If a running surface (tread belt) is too thin or too short it will make running awkward.

Treadmill Usage – Factor in how many people in your household will be using the treadmill, and the amount of time will be spent on it each week. Plus, factor in the cardio goals you are looking for while using the treadmill. If you’re training for a race, looking to lose weight, increase your walking distance or get into shape, you need to figure out the key reason for the treadmill. 

Space and Storage – Several low-priced treadmills are compact for those limited on space. Plus, it needs to be lightweight to move around if needed.

Reliability and Warranty – Let’s face it, your treadmill over time will take a beating, and it may have to be serviced from time to time. So it’s a good idea to pick a brand name that has been in the market for a while for ease of mind. 

Weight and Motor Size – Research the weight capacity and motor size of the folding treadmill at the start. The key is to make sure the treadmill doesn’t get bogged down if you’re over the weight capacity limit. 

So now that you have a better understanding of what to look for in the right treadmill for your needs, here are the low-cost treadmills you can find today that may be the perfect fit for you.

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Sunny Health & Fitness Folding Treadmill

folding treadmill

The Sunny Health & Fitness Treadmill has 9 built-in workout programs, handrail controls, and a phone/tablet holder for added comfort and convenience during any workout routine. 

The soft drop system will help you open the treadmill without causing a big slam or damage to your wood/carpet floor. 

This folding treadmill for running has an LCD screen that keeps track of your speed, time, distance, pulse, and calories, making it easier to stay on track with your fitness goals.

folding treadmill

Features:

  • Running surface 49L x 15.5W
  • Min Speed 0.5 MPH – Max Speed 9 MPH (With Increments of a tenth of MPH)
  • Product Dimensions: 62L x 25.5W x 50H, Folded Dimensions: 36L X 25.5W X 58H inches
  • Product weight: 103 Lbs
  • Required Power source: 110v (18 amps) (1980 watts)
  • User Weight Capacity: 220 Lb
  • Pause function – Press the stop button once to stop the belt and pause your run while keeping your current data and running stats intact
  • Folded Dimensions: 36L X 25.5W X 58H in

Amazon Review: “Great little treadmill. I did a bunch of research before purchasing this one as I didn’t want to spend a ton of money but I also wanted to be able to run on my treadmill and not have it fall apart.

This one works great and I also double as using it as a walking desk as I work from home and the straight handlebars work perfectly to rest a piece of wood on.

I used an old shelf and attached some webbing to the back so that it doesn’t slide off and it doesn’t move at all at level 4 which is about the fastest pace I can walk before running.

I then got a wireless keyboard and it works awesome! Great way to get exercise but also work at the same time :)”

Related Article: Revolutionize Your Home Gym With ADJUSTABLE DUMBBELLS

ANCHEER Folding Treadmill

folding treadmill

The ANCHEER Folding Treadmill with incline is perfect for homes, rooms, living rooms, and offices with little space. With additional wheels, you can move anywhere lightly and quickly.

Are you concerned that your joints will suffer as a result of your running? 

The treadmill’s shock reduction and noise reduction system, which includes a large 14.04″x 40.95″ anti-slip lawn texture running surface and a durable steel frame, reduces joint impact by up to 40% when compared to running on asphalt. 

There are also 12 Preset Training Plans and a Heart-Rate Sensor to help you burn calories more effectively if you want to mix up your running routines and push your body.

This compact folding treadmill for small spaces, which can fit under a bed, also has an LCD display with touch button controls. Run time, distance, speed, calories burned, and heart rate are displayed, along with running data statistics. 

It includes a built-in safety key to ensure instant shut-off in the event of an emergency.

folding treadmill

Features:

  • Motorized Treadmill Motor Power: 1.5HP HP
  • Running Belt / Running Surface Size (L x w): 40.95 x 14.04inch
  • Adjustable Speed: 0.5 – 6.0 MPH
  • Digital Training Modes: 1 – 12 Preset Levels Selectable
  • Maximum Weight Support: Up to 265 lbs.
  • Simple Electric Motorized Plug-in Design
  • Integrated Safety Key, Emergency Power Off
  • Used for Walking, Jogging, Running Exercise Training
  • Perfect for Weight Loss, Cardiovascular Fitness, Endurance & Stamina Building

Amazon Review: “Affordable, lets you jog (faster than other trainer review saying that one didn’t go too fast), folds away, no super spaceship-like dashboard.”

“My husband and I were looking for something that would help me strengthen my leg muscles so there would be less stress on my knees. 

We did our research and when we went to purchase the bike we thought would be perfect for me, our product was sitting right next to it, and it felt more comfortable and easier to for me to operate. 

Best decision we made. It is an awesome piece of equipment, thank you.”

Related Article: ECHELON EX5 SMART BIKE Review: If You Do Not Buy One Now, You Will Hate Yourself Later

MaxKare Folding Treadmill

folding treadmill

The MaxKare treadmill, with its large LCD display and 15 pre-set programs, as well as its simple one-touch operation, allows you to enjoy the joy of running at home. You can view real-time data for each exercise, such as speed, time, calories burned, distance traveled, and heart rate. 

The MaxKare running machine has a powerful and pure copper motor that not only provides a silent running experience but also allows you to adjust the running speed from 0.5 to 8.5 MPH.

Maximum weight of 220 pounds can be supported by the 17-inch wide multi-layer tread belt and the world’s first whole machine anti-shock system. 

This improves your running experience while also protecting your knees to the greatest extent possible to prevent injury during exercise. The foldable design not only makes it easier to assemble the treadmill but also makes it easier to store/move the treadmill in a small space.

folding treadmill

Features:

  • MaxKare Treadmill is ergonomically designed for people between 4.6ft -6.2ft in height and weighing less than 220 pounds.
  • The built-up size for this treadmill is 53.39” x 26.18” x 45.95”, folding size is 28.47” x 26.18” x 46.42”, weighs about 91LB.
  • The package contains all the necessary accessories and installation tools, and you can complete the treadmill installation in 10-15 minutes.
  • Rubber Tread Belt reduces knee damage and makes running more comfortable.
  • Smooth and quiet high torque 2.5HP motor powers the treadmill at speeds from 0.5 – 8.5mph under a quiet condition.

Amazon Review: “I was overjoyed to see this machine standing by the door this morning and couldn’t wait to get started! 

Actually, as long as you read and follow the instructions carefully, it’s not difficult to put together. It took me about an hour to figure out which part it is because I was stuck at the beginning. Basically, it has all of the functions I require, such as walking and running at different speeds. 

Two cup holders are located on the top, and one bottle holder is located on the side. The best feature of this running machine for me is the LED screen, which allows me to see it clearly at night!

My mother was concerned that it would take up a lot of space, but it doesn’t because it can be folded. When I’m not using it, I’ll fold it and store it in the corner of my room. One thing I must mention is that it is extremely quiet! I had another one a few years ago, and it was quite loud. 

Finally, I had to part with it. I’ll get more fitness equipment and start putting together my fitness room. This machine is well worth the investment and saves me hundreds of dollars on gym memberships!”

Related Article: 9 Amazing Bowflex Machines To Add To Your Home Gym Today

Nomatic

XTERRA Fitness TR150 Folding Treadmill Black

folding treadmill

The XTERRA Fitness TR150 Treadmill combines the quality and performance you want with the convenience of a machine that folds up and stores away. 

The TR150 was specifically designed for the home environment, and it includes a slew of thoughtful features that were created with your performance and comfort in mind. The console was created with ease of use in mind, while still providing you with all of the features you deserve. 

Begin your fitness journey with the XTERRA TR150 Treadmill today and exceed your expectations.

folding treadmill

Features:

  • Quiet 2. 25 HP motor is covered for a full year
  • Large 16″ x 50” walking/running surface
  • Large 5” LCD display is easy to read and keeps you updated on all the necessary information (speed, incline, time, distance, calories and pulse)
  • Speed range 0. 5 -10 mph allows for users of all fitness levels
  • 3 manual incline settings allow for maximum variety
  • 12 preset programs offer unmatched variety for your workouts or just use the manual program
  • Direct access speed buttons allow quick access to speeds from 1mph to 9mph

Amazon Review: “Let me start by saying I don’t normally write reviews, but in this case, I am making an exception for a couple of reasons. First, I must say I was very nervous about buying a product like this online without seeing it in person.

But no issue here. After I took it out of the box I was pleasantly surprised. I am not a “handy” person at all, but the assembly was a breeze…..and no swearing on my part. I was running on the treadmill in less than 30 minutes after receiving it.

Both my wife and I use the treadmill daily and love it!! It is built solid, and the programs provide us with a different workout each time, helping to eliminate boredom. Perfect size because it is so compact.

The second reason for the review is to address comments from other buyers.

Someone said it’s heavy. Seriously??? It’s a TREADMILL!! Would you prefer a model that is poorly built and not sturdy? Someone said it’s loud….this is very subjective.

But it has a MOTOR! And it’s not a $1500 model!! I have been able to watch TV while running on the treadmill with no problem hearing the TV.

Bottom line……great product for the price!!!”

Related Article: 6 Amazing Smart Water Bottles Reviewed To Stay Hydrated

Merax Electric Folding Treadmill

folding treadmill

Complete your home gym with a treadmill that has been optimized for convenience and efficiency. 

Power by a strong but quiet 1.5HP motorMerax folding treadmill with incline is sturdy and reliable enough to withstand long-distance running sessions and support up to 240 LBS. 

12 various preset programs, which alternates between high and low-intensity workout sessions, as well as 3 count-down modes, help achieve speed between 0.5 – 7.5 MPH (0.8 – 12 KM/H) for meeting your different fitness goals. 

large LCD display helps track all necessary performance including speed, time, distance, and calories burnt to keep you constantly motivated.

folding treadmill

Features:

  • Motor Power: 1.5HP
  • Product Size: 55” x 23.5” x 43”
  • Folded Size: 29.5” x 23.5” x 49”
  • Running Belt: 15.7” x 43.3” / 400mm x 1100mm
  • Product Weight: 64 LBS
  • Package Dimensions: 57” x 27” x 10”
  • Speed: 0.8 – 12 KM/H 0.5 – 7.5 MPH
  • Rated Voltage: 110V
  • Max Weight Capacity: 240LBS

Amazon Review: After much deliberation, I decided to purchase this treadmill. It appears to be a well-made product. It was mostly preassembled; I put it together all by myself in less than half an hour; it was very simple.

Because I have limited space for a treadmill, I appreciate that it is not bulky. The foundation is solid, and the belt is wide and long enough for me. More importantly, it’s peaceful!

The 12 pre-set programs are simple to use. I’ve been using various speeds that work well for me. This treadmill is fantastic! So far, I’ve been using it every day and it’s performed admirably. 

This treadmill is awesome! So far I have been using it every day and it has performed very well. Well worth the money!”

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MARNUR Treadmill Electric Folding Treadmill

folding treadmill

MARNUR Electric treadmill provides an efficient running and walking experience at home for city people while avoiding knee and muscle injuries.

The electric folding treadmill for home comes with 15 pre-programmed training modes. Choose the most appropriate running machine program based on the amount of exercise required, and the intensity is fully customizable by adjusting the treadmill speed. 

Furthermore, the incline treadmill has adjustable slope angles, which you can easily switch between by adjusting the base. Ideal for running, walking and doing aerobic exercises at home.

The treadmill machine’s 17 * 43 inches wide running belt, comfortable safety belts on both sides, non-slip diamond-patterned running belt, and double-layered treadmill design greatly cushion the impact of running and effectively protects your knees and ankles. 

The upper layer is a high-elastic rubber running belt, and the bottom layer is a shock-absorbing silicone antilock braking system.

folding treadmill

Features:

  • Dimensions of Extended Running Machine: 51.2*27.4*45.1 inches
  • Size of Treadmill Belt: 16.5*42.5 inches
  • Weight Capacity: 220 lbs Maximum
  • Output Power: 110 V

Amazon Review: “The automatic incline is worth it alone, but this thing runs great.

I admit I’m only using it for walking and I’d fly off of it at top speed, but I tested the max incline (8) and it’s like hiking. The setup was really easy as there are only a few things to do and it’s ready to go.

When it stops it comes to a smooth stop giving you time to step to the side rails and off, and remembers your time and stats when you resume though you have to get it back to speed again using the controls, the handle arrows are perfect to adjust height or speed without leaving the handles.

The unit moves easily and the tread-board folds and unfolds easily by dropping slowly on its own to a perfect feather landing. The easy-to-understand and use controls are great.”

Related Article: Surprising Review – Echelon Reflect Smart Mirror

Weslo Cadence G 5.9 Treadmill Series

folding treadmill

Get more results in less time with the Weslo Cadence G 5.9 Treadmill.

Featuring 6 Personal Trainer Workouts, a 2-position manual incline, and Comfort Cell Cushioning, this treadmill is the perfect tool for losing weight or increasing performance.

Each workout is designed by a Certified Personal Trainer so you can maximize your time and get a great workout! The incline is easy to change and will increase the intensity of your workout.

And, with the addition of Comfort Cell Cushioning, you’ll stay comfortable throughout each stride. The Weslo Cadence G 5.9 Treadmill is right for you.

folding treadmill

Amazon Review: “Awesome treadmill! Great value. Not as huge as all the other ones we’ve looked at at the retail stores. I’ve been using it for about two months now and so far it’s excellent.

It’s been used almost daily for one hour per day. Mostly doing walking at close 4.6 mph, occasionally running in 5-10 minute stretches. 

No issues so far. No bells and whistles but all I was looking for was a simple treadmill with manual speed selection.

Running decently quiet – I’m able to watch a movie on a tablet situated on top of the treadmill console.”

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Purchasing A Treadmill Under $500

Now that you have seen some of the best folding treadmills under $500 on amazon.com, there are some simple elements that inexpensive treadmill models don’t offer compared to the more advanced and expensive models.

The main difference when comparing entry-levels treadmills compared to more advanced treadmill models is powerful motors. 

But, if you are looking for a treadmill to get you off and running, the models mentioned above will do the trick quite nicely.

Below are some additional features that you should be aware of when researching for the right folding treadmill for your home gym.

Treadmill Design

folding treadmill

When it comes to the overall design of folding treadmills under $500, they are basic in design compared to the commercial treadmills that you would see at a fitness center.

But, with most of the treadmills under $500 that are foldable, you can still get an attractive design that will work perfectly in a home that doesn’t have a dedicated home gym.

What's Under The Hood

When it comes to inexpensive treadmills built for home gyms that are priced under $500, most of the motors that operate the treadmill belt run around 2hp or more

This amount of power tends to push treadmill belt speeds of around 7 to 8 mph.

If you look at the average running speed of most outdoor runners, they tend to jog around 6mph to 8mph. So the folding treadmills in the $500 price range as perfectly fit for those who walk or jog to get the heart pumping. 

If you are a runner or a sprinter looking for a treadmill that can accommodate speeds of 9mph or more, I would suggest investing in a more powerful treadmill that has a motor that can handle speeds at this range.

Incline Capabilities

folding treadmill

Depending on the price model of the folding treadmill for home you are looking for, the higher the price, the better capabilities you have for assisted inclines on the treadmill.

Many folding treadmills still offer manual incline, but you have to adjust the incline of the treadmill before running.

Thankfully, some of the folding treadmills mentioned above do come with motorized incline controls, allowing you to incline up to 10% with just a press of a button, so changing your incline on the fly is so much easier for your workout.

Belt Dimensions

folding treadmill

When you are shopping for an inexpensive treadmill, you have to keep in mind that you are not getting a commercial-grade treadmill with all the bells and whistles. 

So, one of the areas that you may notice when shopping for a foldable treadmill under $500 is the size of the treadmill belt. 

You may not notice this as much if you are a walker or jogger, but if you are a runner or sprinter, you may need to up your budget to give you a better experience during your runs.

Control Panel

folding treadmill

If you have noticed from the folding treadmills under $500 mentioned above, the control panels differ from model to model. 

You may see treadmill consoles that are basic to operate so you can focus on walking or running, while some other models have so many options that you will need a degree in physics to operate.

When it comes to controls panels, it depends on the needs you have for achieving the perfect run or walk every day. 

Most of the control panels on most treadmills on the market today have built-in preset programs to help you with your workout, plus they display the speed, distance, and time that everyone needs to get a great workout in.

Home Gyms at FitnessFactory.com

Is A Folding Treadmill Right For You?

If you are planning on building a home gym that will have enough space for an all-in-one-gym, plus other fitness equipment, then maybe look for a free-standing treadmill like the Nordictrack T-series.

But, if you are looking at adding a piece of cardio equipment in a limited space like a living room or office, then a folding treadmill is the right fit for you.

Is there a difference between a treadmill under $500 vs a Commercial Treadmill?

When it comes to price, yes there is a major difference between budget-friendly folding treadmills and commercial treadmills. Commercial treadmills tend to start at 10,000 dollars and go higher.

But, the commercial treadmills that you see at most fitness centers have 5hp motors and offer a motorized incline of close to 15%. Plus, they have wider running surfaces and better shock absorption systems.

But, don’t let that stop you from investing in a folding treadmill under 500 dollars because even though they don’t have all the features that a commercial treadmill offers, they still get the job done quite well. 

What Should You Do In Researching The Perfect Treadmill?

If you are in the market for a treadmill for your home, depending on the budget you have, you will notice a huge difference in options available for every dollar value that goes up.

The more money spent on a treadmill for your home gym, you will notice that the treadmills will have more power in the motors to speed up the treadmill belts.

If you are looking for a treadmill for your home for walking or jogging, then a basic treadmill model will be the right fit for you. But, if you are a runner or sprinter, the better the motor the faster your runs can be.

If you are looking for a treadmill under $500, you will notice a difference in the size of the treadmill belt compared to the more expensive treadmills out there today. 

You may not notice a difference if you have a shorter stride, but if you are over 5ft in height, you will notice a big difference, and I suggest getting a treadmill that provides a longer length.

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Conclusion

When it comes down to it, finding the right treadmill for your home gym depends on the space you have and the budget you are willing to spend.

Folding treadmills under 500 dollars is a great start for anyone willing to make exercises a part of his/her daily routine.

All you need is to adopt a healthier diet, the right attitude, the perfect tunes, and a highly rated reviewed treadmill and you will be on the right path towards success.

Browse the best home gym equipment deals available at your favorite retailers:

folding treadmill

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