Best Treadmills Under $500 for Home 2024

Last Updated on February 17, 2024

The fitness equipment industry has witnessed remarkable advancements in technology and design in recent years, offering feature-rich treadmills even for those on a limited budget. While some home treadmills can cost as much as $3,000, it’s unnecessary to exhaust your savings on a workout machine. Instead, there’s a range of treadmills under $500 that provide efficient workout experiences without straining your finances.

Our team has curated the top 10 best treadmills under $500, ensuring they offer complete workout capabilities without breaking the bank. We’ve compiled all the necessary information to help you find models that meet your expectations. For each model, you will find the main technical characteristics and important features that add value.

Best Treadmills Under $500 In 2024

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 reach your fitness target more comfortably and easily.

It is built with an ultra-quiet 2.25HP motor, which allows you to walk or run without disturbing others, making it ideal for setting 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-term 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 for adjusting the speed of movement and you can stop instantly. Goplus 2-in-1 treadmill has a phone holder for watching videos or chatting with friends. However, the maximum weight capacity is only 265 lbs, so is not suitable for large 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.

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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. It is 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 with a silent running experience with 0.6 to 8 MPH running speed adjustment. It has a 16.5-inch wide multi-layer tread belt with first-class anti-shock system. It will lock automatically when you raise the bottom part.

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

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.

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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 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. However, this model 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 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 folding treadmills, 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. It weighs around 75 lbs with a maximum capacity of 220 lbs. The cushioning absorption system is a big plus for more comfort and less stress on the joints and knees while running. 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. It has both manual and pre-set modes.

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5. FYC Portable Treadmill: Best for Small Space

Another noteworthy product on the market is the FYC. It is one of the best portable treadmills under $500 for home gym. 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 needs.

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, bed, or corner of your room.

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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 compact & slim and won’t waste your space even 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 will help 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 further 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

Going further down in price, you’ll find models more suited for brisk walking rather than jogging or running. The MARNUR folding treadmill could be an excellent choice for individuals looking to engage in running, walking, and aerobic exercises at home. Its folding design makes it convenient for storage in smaller spaces.

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 loading a maximum of 220 lbs. 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 a 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 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 Absorbs shock 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 in 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, the 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, making it 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 also easily foldable and built-in installation-free design with a maximum weight capacity of 260LBS.

The new touchscreen LCD display provides a new tactile sense and shows distance, speed, calorie burns and time. It 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 offers added convenience and functionality through its compatibility with a dedicated mobile application. With this app, you can seamlessly control various parameters such as speed, time, distance, and calories directly from your smartphone. Moreover, you can conveniently monitor, track, and compare your daily workout data.

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 office or 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.

MaxKare 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 further 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 age 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 finalizing your purchase decision, it’s crucial to acquaint yourself with the key specifications and features to determine what you truly need in a home treadmill under $500. Let’s explore some insights that could be beneficial for your future purchase.

Types of treadmill

There are two primary types of treadmills: electric and magnetic.

Electric Treadmill:

• Professional and commonly used in gyms.
• Operates with a motor, allowing for easy speed adjustment.
• Ideal for running or walking, as the belt moves automatically.
• Offers effective and convenient workout sessions.

Magnetic Treadmill:

• Operates based on magnetic resistance rather than a motor.
• The belt moves solely due to the user’s leg movement.
• More suitable for walking or light running rather than fast-paced running.
• Generally more compact and budget-friendly compared to electric treadmills.

Structure & performance

Once you’ve chosen the type of treadmill, it’s crucial to carefully evaluate its structure and performance.

For electric treadmills, performance primarily hinges on the type of motor installed. Motor power is typically measured in horsepower (Hp), ranging from a minimum of 1.5 Hp to a maximum of 3.5 Hp in models designed for home use. Professional electric treadmills can reach up to 6 Hp.

Another vital aspect to consider, applicable to both electric and magnetic treadmills, is the maximum weight capacity. This generally varies from a minimum of 100 kg or less to a maximum of 150 kg. Naturally, the higher the weight capacity, the sturdier the treadmill’s surface will be.

Programs & speeds

For effective training, having access to multiple speeds and training programs on your treadmill is crucial. It’s advantageous if your treadmill offers various levels of resistance, allowing you to adjust the belt’s movement for more or less intense workouts.

A common feature found in both types of treadmills is incline settings. Opting for a treadmill with multiple levels of incline, which can be adjusted manually or automatically, is ideal. Incline variations add intensity to your training sessions, making them more effective.

Most electric treadmills come equipped with preset training programs that automatically adjust speed, incline, and duration to diversify your workouts. Additionally, some treadmills offer the functionality to monitor your heart rate and select the most suitable program accordingly.

Extra functions

Several treadmills offer additional accessories and features that, while not essential, can enhance the quality of your workout. Some of the most common ones include:

• Console with LCD display: This feature allows you to select and monitor training programs, adjust speed and incline, and in more advanced models, track your heart rate and calories burned.
• Supports for water bottle, tablet, and smartphone: Typically positioned on the handlebar near the console, these supports keep your essentials within reach during your workout.
• Inputs for MP3 players and USB ports: These allow you to connect your devices and listen to music, enhancing your workout experience.

Shock absorbers

Ensuring that these additional devices are of high quality is crucial to prevent the impact of your stride during walking or running from overloading the knee, ankle joints, or back. The sturdier the treadmill and the closer it is to professional-grade, the more precise its cushioning systems will be.

The thickness of the belt also plays a role in cushioning impact. It ranges from 1.2 mm to about 4 mm in professional products and those designed for muscle or joint rehabilitation. Generally, the thicker the belt, the better the cushioning for the user, providing added protection and comfort during workouts.

Speed levels

Speed levels can vary and usually reach a maximum of 10 MPH in home 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 be considered 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 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.

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 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 and need to take a light / moderate walk every day, magnetic treadmills can be for you.

What to choose: elliptical trainer or treadmill?

Both devices are in demand in the home gym because they 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?

Losing weight effectively with a treadmill requires a consistent, long-term approach rather than viewing it as a quick fix. It’s essential to have a well-planned program scheduled over the week with multiple sessions. Consistency is key; it’s more beneficial to maintain regular workouts rather than exerting all your strength in a single session and then being inactive for an extended period.

Hydration is crucial during workouts, so remember to drink plenty of water before, during, and after your treadmill sessions. Alongside regular exercise, incorporating changes in your eating habits is essential for successful weight loss.

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.

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.

Over $300 to $800 on average, you can get a comfortable and powerful model. They can 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.

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

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.

To meet diverse needs, we’ve curated a range of treadmills, from basic to advanced models, ensuring that everyone can find a suitable option based on their specific requirements and preferences. 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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