16 Best Treadmill for Home Under $500: Affordable Options (July 2024)

Discover the best treadmills under $500 that offer excellent value and reliability without breaking the bank.

Stepping up your fitness routine at home doesn’t have to break the bank. With so many great treadmills available under $500, you can easily find one that fits your budget and goals. Whether you’re a seasoned runner or just starting your fitness journey, a home treadmill offers convenience and flexibility, allowing you to work out whenever you want, without the hassle of a gym membership.

This guide will explore 16 of the best treadmills under $500, meticulously chosen to offer a diverse range of features and functionalities. We’ve considered factors like motor power, belt size, incline levels, built-in workout programs, and user-friendliness to ensure you find the perfect fit for your needs.

From compact foldable options that save space to sturdier models with more robust features, this list has something for everyone. We’ll delve into the pros and cons of each treadmill, highlighting their key strengths and potential drawbacks to help you make an informed decision.

So, get ready to discover the best affordable treadmills that will empower you to reach your fitness goals without sacrificing quality or breaking the bank. Let’s find the perfect treadmill to help you run towards a healthier, happier you!

QUICKLIST
Item	Image	Where to buy	Rating	Read More
ProForm Carbon T7		$598.00 at Amazon	4.4 out of 5 stars	Jump to Review
Sunny Health & Fitness TF3000		N/A at Amazon	N/A	Jump to Review
XTERRA Fitness TR150		N/A at Amazon	N/A	Jump to Review
Exerpeutic TF1000		N/A at Amazon	N/A	Jump to Review
Goplus 2-in-1 Folding Treadmill		N/A at Amazon	N/A	Jump to Review
Horizon Fitness T101		N/A at Amazon	N/A	Jump to Review
NordicTrack T 6.5		N/A at Amazon	N/A	Jump to Review
Weslo Cadence G 5.9		$13.95 at Amazon	4.8 out of 5 stars	Jump to Review
Reebok JET 100		$33.40 at Amazon	N/A	Jump to Review
SereneLife Folding Treadmill		N/A at Amazon	N/A	Jump to Review
Sunny Health & Fitness TF2000		N/A at Amazon	N/A	Jump to Review
YESOUL S1 Smart Treadmill		N/A at Amazon	N/A	Jump to Review
Fitbit Inspire 2		$99.95 at Amazon	4.4 out of 5 stars	Jump to Review
GoFit Go! Treadmill		N/A at Amazon	N/A	Jump to Review
Bowflex Treadmill 10		N/A at Amazon	N/A	Jump to Review
Goplus Motorized Treadmill		N/A at Amazon	N/A	Jump to Review
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ProForm Carbon T7

$598.00 at Amazon

A solid entry-level treadmill with a good range of features, including iFit compatibility for interactive workouts.

Dive deeper into 16 Best Treadmill for Home Under $500: Affordable Options

Specifications :

• Motor: 2.5 CHP
• Speed: 0.5-12 mph
• Incline: 0-10%
• Running surface: 18" x 50"
• Weight capacity: 275 lbs
• Features: iFit compatibility, built-in fan, tablet holder

Reasons to buy :

• Affordable price
• iFit integration for a more engaging workout experience
• Good incline range for a challenging workout
• Durable construction
• Easy to assemble

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a basic treadmill for home use
• You want the ability to use iFit for interactive workouts
• You have a limited budget

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The ProForm Carbon T7 is a good option for those looking for a budget-friendly treadmill with iFit integration. It's a solid choice for occasional use and offers a good value for the price. However, it may be too basic for serious runners and those seeking a more robust feature set.

Sunny Health & Fitness TF3000

N/A at Amazon

A popular folding treadmill known for its affordability and portability.

Learn more about 18 Best Treadmill for Home Affordable: Budget-Friendly Picks

Specifications :

• Motor: 2.25 CHP
• Speed: 0.5-9 mph
• Incline: 0-15 levels
• Running surface: 16" x 47"
• Weight capacity: 220 lbs
• Features: LCD display, manual incline, pulse sensors

Reasons to buy :

• Very affordable
• Compact and foldable for easy storage
• Good incline range for a challenging workout
• Easy to use

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a cheap and portable treadmill
• You want a treadmill for light to moderate use
• You don't need a lot of features

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The Sunny Health & Fitness TF3000 is a great option for those seeking an affordable and space-saving treadmill for light to moderate use. It's a simple and effective machine with a good incline range, making it ideal for beginners or those who prioritize portability over advanced features. However, its limitations in features and durability may not be suitable for serious runners or demanding workouts.

XTERRA Fitness TR150

N/A at Amazon

An entry-level treadmill offering a solid blend of features and value.

Check this blog on 20 Best Treadmill for Home Office: Multi-Tasking Solutions

Specifications :

• Motor: 2.25 CHP
• Speed: 0.5-10 mph
• Incline: 0-12%
• Running surface: 16" x 50"
• Weight capacity: 250 lbs
• Features: LCD display, manual incline, pulse sensors, built-in fan

Reasons to buy :

• Good value for the price
• Decent incline range
• Easy to use
• Durable construction

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a budget-friendly treadmill with a good range of features
• You want a treadmill for light to moderate use
• You prefer a treadmill with a decent incline range

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The XTERRA Fitness TR150 is a well-rounded treadmill that offers a good value for the price. It's suitable for light to moderate use and provides a solid incline range for challenging workouts. However, its limited features and potential for noise may not satisfy those seeking a more advanced or quiet experience.

Exerpeutic TF1000

N/A at Amazon

An affordable and compact treadmill designed for light to moderate use.

Specifications :

• Motor: 1.5 CHP
• Speed: 0.5-4 mph
• Incline: 0-10 levels
• Running surface: 15" x 45"
• Weight capacity: 250 lbs
• Features: LCD display, manual incline, pulse sensors

Reasons to buy :

• Very affordable
• Compact and foldable for easy storage
• Easy to use
• Good for walking and light jogging

Reasons to avoid :

• Limited speed range
• Not suitable for high-intensity workouts
• Can be noisy

What you need to know :

Buy it if

• You're looking for a cheap and portable treadmill for light to moderate use
• You primarily want to walk or jog at low speeds
• You have limited space

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a higher speed range for intense workouts
• You prefer a quiet treadmill

Bottom Line:

The Exerpeutic TF1000 is a budget-friendly option for those seeking a compact and portable treadmill for light to moderate use. Its limited speed range makes it ideal for walking and light jogging, but not high-intensity workouts. If you prioritize affordability and space-saving features, this treadmill may be a suitable choice. However, those who need a higher speed or a quieter running experience should consider other options.

Goplus 2-in-1 Folding Treadmill

N/A at Amazon

A versatile and space-saving treadmill that functions as both a walking and running machine.

Specifications :

• Motor: 2.5 CHP
• Speed: 0.5-12 mph
• Incline: 0-15 levels
• Running surface: 16" x 47"
• Weight capacity: 265 lbs
• Features: LCD display, manual incline, pulse sensors, foldable design

Reasons to buy :

• Versatile for walking and running
• Compact and foldable for easy storage
• Good incline range for a challenging workout
• Affordable price

Reasons to avoid :

• Limited features compared to more expensive treadmills
• Can be noisy
• May not be suitable for serious runners

What you need to know :

Buy it if

• You're looking for a versatile and space-saving treadmill
• You want a treadmill for both walking and running
• You have a limited budget

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The Goplus 2-in-1 Folding Treadmill is a practical choice for those seeking a versatile and space-saving treadmill. Its ability to function as both a walking and running machine makes it ideal for individuals with diverse fitness goals. However, its limited features and potential for noise may not satisfy those seeking a more advanced or quiet experience.

Horizon Fitness T101

N/A at Amazon

A solid entry-level treadmill offering a good blend of features and value.

Learn more about 14 Best Treadmill for Home Without Subscription: No Hidden Costs

Specifications :

• Motor: 2.25 CHP
• Speed: 0.5-10 mph
• Incline: 0-10%
• Running surface: 18" x 50"
• Weight capacity: 275 lbs
• Features: LCD display, manual incline, pulse sensors, built-in fan

Reasons to buy :

• Good value for the price
• Decent incline range
• Easy to use
• Durable construction

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a budget-friendly treadmill with a good range of features
• You want a treadmill for light to moderate use
• You prefer a treadmill with a decent incline range

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The Horizon Fitness T101 is a well-rounded treadmill that offers a good value for the price. It's suitable for light to moderate use and provides a solid incline range for challenging workouts. However, its limited features and potential for noise may not satisfy those seeking a more advanced or quiet experience.

NordicTrack T 6.5

N/A at Amazon

A feature-packed treadmill offering iFit integration for interactive workouts.

Specifications :

• Motor: 2.75 CHP
• Speed: 0-12 mph
• Incline: 0-10%
• Running surface: 20" x 55"
• Weight capacity: 300 lbs
• Features: iFit compatibility, 10" touchscreen, built-in speakers, automatic incline, fan, water bottle holder

Reasons to buy :

• iFit integration for interactive and engaging workouts
• Large touchscreen display
• Powerful motor for challenging workouts
• Good incline range

Reasons to avoid :

• More expensive than other entry-level treadmills
• May not be suitable for those who don't use iFit
• Can be noisy

What you need to know :

Buy it if

• You're looking for a treadmill with iFit compatibility for interactive workouts
• You want a treadmill with a large touchscreen display
• You prefer a powerful motor for challenging workouts
• You enjoy the features of iFit, such as on-demand classes, global workouts, and personalized programs

Don't buy it if:

• You're on a tight budget
• You don't plan to use iFit
• You prefer a quieter treadmill

Bottom Line:

The NordicTrack T 6.5 is a solid choice for those who prioritize iFit integration and a feature-rich treadmill experience. Its large touchscreen display, powerful motor, and automatic incline make it a great option for challenging workouts. However, its higher price point and potential for noise may not be ideal for budget-conscious individuals or those who prefer a quieter running experience.

Weslo Cadence G 5.9

$13.95 at Amazon

A budget-friendly treadmill offering basic features for light to moderate use.

Specifications :

• Motor: 2.0 CHP
• Speed: 0-10 mph
• Incline: 0-10%
• Running surface: 16" x 48"
• Weight capacity: 250 lbs
• Features: LCD display, manual incline, pulse sensors

Reasons to buy :

• Very affordable
• Simple and easy to use
• Good for walking and light jogging

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a cheap treadmill for light to moderate use
• You primarily want to walk or jog at low speeds
• You don't need a lot of features

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a higher speed range for intense workouts
• You prefer a quiet treadmill

Bottom Line:

The Weslo Cadence G 5.9 is a basic treadmill that offers an affordable option for those seeking a simple and easy-to-use machine for light to moderate use. Its limited features and potential for noise may not be suitable for serious runners or those seeking a more advanced or quiet experience. However, if you prioritize affordability and simplicity, this treadmill may be a suitable choice.

Reebok Jet 100

A compact and foldable treadmill designed for light to moderate use.

Specifications :

• Motor: 2.25 CHP
• Speed: 0.5-10 mph
• Incline: 0-12%
• Running surface: 16" x 48"
• Weight capacity: 250 lbs
• Features: LCD display, manual incline, pulse sensors, foldable design

Reasons to buy :

• Compact and foldable for easy storage
• Good incline range for a challenging workout
• Affordable price
• Easy to use

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a compact and portable treadmill
• You want a treadmill for light to moderate use
• You have limited space
• You don't need a lot of features

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a lot of features and customization options
• You prefer a quiet treadmill

Bottom Line:

The Reebok Jet 100 is a space-saving treadmill that offers a good value for the price. Its compact size and foldable design make it ideal for individuals with limited space. However, its limited features and potential for noise may not satisfy those seeking a more advanced or quiet experience.

SereneLife Folding Treadmill

N/A at Amazon

A budget-friendly folding treadmill offering basic features for light to moderate use.

Specifications :

• Motor: 2.0 CHP
• Speed: 0.5-8 mph
• Incline: 0-15 levels
• Running surface: 14" x 47"
• Weight capacity: 220 lbs
• Features: LCD display, manual incline, pulse sensors, foldable design

Reasons to buy :

• Very affordable
• Compact and foldable for easy storage
• Good incline range for a challenging workout
• Easy to use

Reasons to avoid :

• Limited features compared to more expensive treadmills
• May be too basic for advanced runners
• Can be noisy

What you need to know :

Buy it if

• You're looking for a cheap and portable treadmill
• You want a treadmill for light to moderate use
• You don't need a lot of features

Don't buy it if:

• You're a serious runner looking for a more advanced treadmill
• You need a higher speed range for intense workouts
• You prefer a quiet treadmill

Bottom Line:

The SereneLife Folding Treadmill is a budget-friendly option for those seeking a compact and portable treadmill for light to moderate use. Its limited features and potential for noise may not be suitable for serious runners or those seeking a more advanced or quiet experience. However, if you prioritize affordability and space-saving features, this treadmill may be a suitable choice.

Sunny Health & Fitness TF2000

N/A at Amazon

A budget-friendly treadmill with a solid build and a variety of features.

Specifications :

• Motor: 2.25 CHP
• Speed: 0.5-12 mph
• Incline: 15 levels
• Running surface: 16" x 50"
• Weight capacity: 275 lbs
• Features: Built-in programs, LCD display, handrail pulse sensors

Reasons to buy :

• Affordable price
• Solid build quality
• Decent incline range
• Good for basic workouts

Reasons to avoid :

• No Bluetooth connectivity
• Limited features compared to more expensive models
• Can be noisy at higher speeds

What you need to know :

Buy it if:

• You're looking for a budget-friendly treadmill with a good build and basic features.
• You don't need Bluetooth connectivity or advanced features.
• You're a beginner or casual runner.

Don't buy it if:

• You want a treadmill with advanced features like Bluetooth connectivity or a touchscreen display.
• You're a serious runner looking for a high-end treadmill.
• You're sensitive to noise.

Bottom Line:

The Sunny Health & Fitness TF2000 is a great option for budget-minded runners who want a solid treadmill with a decent incline range and basic features. It's a great value for the price, but it's not the best option if you're looking for advanced features or a quiet running experience. The TF2000 is also a good option for those who want a treadmill that can be folded up and stored away when not in use, thanks to its compact size. If you're just getting started with running or need a basic treadmill for home use, the TF2000 is worth considering. If you're more serious about running or need more advanced features, you might want to look at a more expensive model.

YESOUL S1 Smart Treadmill

N/A at Amazon

A smart treadmill with a variety of features, including Bluetooth connectivity and a built-in entertainment system.

Specifications :

• Motor: 2.5 CHP
• Speed: 0.5-12 mph
• Incline: 15 levels
• Running surface: 19.7" x 52.7"
• Weight capacity: 264 lbs
• Features: Bluetooth connectivity, built-in entertainment system, LCD display, handrail pulse sensors

Reasons to buy :

• Smart features, including Bluetooth connectivity
• Built-in entertainment system
• Spacious running surface
• Good for a variety of workouts

Reasons to avoid :

• Can be expensive compared to other models
• Not as durable as some other treadmills
• Can be difficult to assemble

What you need to know :

Buy it if:

• You want a smart treadmill with a variety of features.
• You like to watch videos or listen to music while you run.
• You're looking for a treadmill with a spacious running surface.

Don't buy it if:

• You're on a tight budget.
• You need a treadmill that's built to last.
• You're not comfortable with assembling complex products.

Bottom Line:

The YESOUL S1 Smart Treadmill is a great option for runners who want a smart treadmill with a variety of features. It's a great choice for those who want to watch videos or listen to music while they run, and it's also a good option for runners who need a spacious running surface. The S1 is a good value for the price, but it's not the best option if you're on a tight budget or if you need a treadmill that's built to last. It's also not the best option if you're not comfortable with assembling complex products. If you're looking for a smart treadmill with a good balance of features and price, the YESOUL S1 Smart Treadmill is a good choice.

GoFit Go! Treadmill

N/A at Amazon

A compact and portable treadmill that's great for small spaces.

Specifications :

• Motor: 1.5 CHP
• Speed: 0.5-4 mph
• Incline: 0-15%
• Running surface: 15" x 45"
• Weight capacity: 250 lbs
• Features: LCD display, handrail pulse sensors

Reasons to buy :

• Compact and portable design
• Affordable price
• Good for walking and light jogging
• Easy to assemble

Reasons to avoid :

• Limited speed range
• No incline adjustment
• Not as durable as some other models

What you need to know :

Buy it if:

• You have limited space and need a treadmill that can be easily stored away.
• You're looking for an affordable treadmill for walking and light jogging.
• You want a treadmill that's easy to assemble.

Don't buy it if:

• You need a treadmill with a high speed range or incline adjustment.
• You're a serious runner looking for a durable treadmill.
• You're looking for advanced features like Bluetooth connectivity.

Bottom Line:

The GoFit Go! Treadmill is a great option for those who have limited space and need a treadmill that can be easily stored away. It's also a good choice for those who are looking for an affordable treadmill for walking and light jogging. The Go! Treadmill is easy to assemble and use, and it's a good value for the price. However, it's not the best option if you need a treadmill with a high speed range or incline adjustment, or if you're looking for advanced features like Bluetooth connectivity. If you're looking for a compact and portable treadmill for basic workouts, the GoFit Go! Treadmill is a good choice.

Bowflex Treadmill 10

N/A at Amazon

A durable and feature-rich treadmill that's great for serious runners.

Specifications :

• Motor: 3.0 CHP
• Speed: 0.5-12 mph
• Incline: 15 levels
• Running surface: 20" x 60"
• Weight capacity: 300 lbs
• Features: Bluetooth connectivity, built-in entertainment system, LCD display, handrail pulse sensors

Reasons to buy :

• Durable construction
• Powerful motor
• Variety of features, including Bluetooth connectivity
• Spacious running surface
• Good for a variety of workouts

Reasons to avoid :

• Can be expensive compared to other models
• Can be bulky and difficult to store

What you need to know :

Buy it if:

• You're a serious runner looking for a durable and feature-rich treadmill.
• You want a treadmill with a powerful motor and a spacious running surface.
• You need a treadmill that can handle a variety of workouts.

Don't buy it if:

• You're on a tight budget.
• You have limited space and need a treadmill that can be easily stored away.
• You're not looking for advanced features like Bluetooth connectivity.

Bottom Line:

The Bowflex Treadmill 10 is a great option for serious runners who are looking for a durable and feature-rich treadmill. It has a powerful motor, a spacious running surface, and a variety of features, including Bluetooth connectivity. The Treadmill 10 is also built to last, and it's a good option for runners who need a treadmill that can handle a variety of workouts. However, it's not the best option if you're on a tight budget, or if you have limited space and need a treadmill that can be easily stored away. If you're looking for a high-quality treadmill that's built to last, the Bowflex Treadmill 10 is a good choice.

Goplus Motorized Treadmill

N/A at Amazon

A budget-friendly treadmill with a simple design and basic features.

Specifications :

• Motor: 1.75 CHP
• Speed: 0.5-7 mph
• Incline: 3 levels
• Running surface: 16" x 47"
• Weight capacity: 220 lbs
• Features: LCD display, handrail pulse sensors

Reasons to buy :

• Affordable price
• Easy to assemble
• Good for basic workouts

Reasons to avoid :

• Limited speed and incline range
• No Bluetooth connectivity
• Not as durable as some other models

What you need to know :

Buy it if:

• You're looking for a budget-friendly treadmill with basic features.
• You don't need Bluetooth connectivity or advanced features.
• You're a beginner or casual runner.

Don't buy it if:

• You want a treadmill with advanced features like Bluetooth connectivity or a touchscreen display.
• You're a serious runner looking for a high-end treadmill.
• You need a treadmill with a high speed or incline range.

Bottom Line:

The Goplus Motorized Treadmill is a great option for budget-minded runners who want a simple and affordable treadmill. It's easy to assemble and use, and it's good for basic workouts. However, it's not the best option if you're looking for advanced features or a treadmill with a high speed or incline range. It's also not as durable as some other models. If you're just getting started with running or need a basic treadmill for home use, the Goplus Motorized Treadmill is worth considering. If you're more serious about running or need more advanced features, you might want to look at a more expensive model.

Read more on 22 Best Treadmill for Home Small Space: Compact Solutions

Choosing the right treadmill for your home gym can feel overwhelming, but remember, the best treadmill for you is the one that fits your needs and budget. We hope this list has helped you narrow down your search and find an affordable option that will help you achieve your fitness goals. Whether you're a seasoned runner looking for a reliable machine to keep your training on track or a beginner just starting out, there's a treadmill on this list for you.

Remember to consider your individual fitness level, space constraints, and budget when making your final decision. Don't forget to check out user reviews and compare features before making your purchase.

Finally, once you've chosen your treadmill, be sure to take advantage of all the features it offers. Experiment with different workout programs, adjust the incline and speed to challenge yourself, and most importantly, have fun! A home treadmill can be a fantastic investment for your health and well-being.

Investing in a treadmill can significantly impact your fitness journey. You'll have access to a convenient, effective way to exercise from the comfort of your home. So, take the plunge and start walking or running towards a healthier, more active lifestyle!