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Treadmills are an excellent addition to any home gym.

By adjusting the speed and incline, a treadmill is a versatile piece of workout equipment that can be used for walking, jogging, running, or sprinting.

While many treadmills are on the market, it can be challenging to find one that fits your budget.

The treadmills featured in this article were selected based on the following criteria:

  • Features. The treadmill is equipped with a variety of features, including a heart rate monitor, device holder, or preset workout programs.
  • Training options. The treadmill offers a range of training options, including several speed and incline levels.
  • Price. The treadmill provides a good value for the cost and is available for less than $500.
  • Customer reviews. The treadmill has mostly positive customer reviews online.

Here are 6 of the best cheap treadmills of 2021.

Best overall

XTERRA Fitness TR150 Folding Treadmill

  • Max speed: 10 mph (16 kph)
  • Incline: 3 manual levels
  • Weight capacity: 250 pounds (113.6 kg)

Price: $$$

If you’re looking for a high quality treadmill that won’t break the bank, check out this model from XTERRA Fitness.

The TR150 Folding Treadmill offers 12 preset workout programs, 3 levels of manual incline, and speeds ranging from 0.5–10 miles (0.8–16 km) per hour, making it easy to mix up your workout.

Additionally, the treadmill features a convenient foldable design, built-in pulse sensors, and a cushioned running deck to maximize joint comfort.

Best for beginners

Sunny Health & Fitness Space Saving Folding Treadmill

  • Max speed: 7 mph (11.2 kph)
  • Incline: up to 11.9%
  • Weight capacity: 220 pounds (100 kg)

Price: $$

This folding treadmill is a great choice for beginners, with speeds ranging from 0.5–7 miles (0.8–11.2 km) per hour and incline levels up to 11.9%.

It also features an emergency stop clip, transportation wheels, and an LCD display with information on your time, distance, pulse, and speed.

Plus, it’s easy to set up and can be folded between workouts to save space.

Best folding

MaxKare Folding Treadmill

  • Max speed: 8.5 mph (13.7 kph)
  • Incline: 3 manual levels
  • Weight capacity: 220 pounds (100 kg)

Price: $$

Equipped with 15 preset workout programs, this folding treadmill from MaxKare is an excellent choice for those hoping to add some variety to their running routine.

It offers speeds between 0.5–8.5 miles (0.8–13.7 km) per hour, 3 adjustable levels of incline, and a multilayered belt designed to reduce noise and absorb shock.

What’s more, it includes a pulse sensor, cup holder, and large LCD display for monitoring your speed, time, distance, heart rate, and calories burned.

Best for walking

UREVO 2-in-1 Under Desk Treadmill

  • Max speed: 7.6 mph (12.2 kph)
  • Incline: none
  • Weight capacity: 265 pounds (120.5 kg)

Price: $$

This convenient product doubles as a running machine and under-desk treadmill to help you squeeze in some exercise while you work.

While you can’t adjust the incline, the treadmill offers speeds up to 7.6 miles (12.2 km) per hour with the handlebar up, or up to 3.8 miles (6.1 km) per hour when used as an under-desk treadmill.

It also has the highest weight capacity on this list, supporting up to 265 pounds (120.5 kg).

The UREVO 2-in-1 Treadmill arrives fully assembled and features a foldable design with transportation wheels for easy storage.

Most preset options

ADVENOR Motorized Treadmill 3.0 HP Indoor 64

  • Max speed: 8.7 mph (14 kph)
  • Incline: 3 manual options
  • Weight capacity: 220 pounds (100 kg)

Price: $$$

This treadmill from ADVENOR not only offers a whopping 64 preset training options but also includes 3 manual incline levels and speeds ranging from 0.6–8.7 miles (1–14 km) per hour, allowing you to customize your workout.

It’s also equipped with a built-in speaker and an MP3 cable so you can play your favorite music for extra motivation.

It even includes a large backlit monitor, folding mechanism, transportation wheels, and pulse sensors so you can keep tabs on your heart rate while you run.

Best for under $300

Merax Folding Treadmill

  • Max speed: 7.5 mph (12.1 kph)
  • Incline: 3 manual levels
  • Weight capacity: 240 pounds (109 kg)

Price: $

This treadmill from Merax is an excellent option for walking, jogging, or running, regardless of your fitness level.

In fact, it offers 12 preset programs, 3 levels of manual incline, and speeds up to 7.5 miles (12.1 km) per hour.

It’s also foldable and includes a phone holder, hand pulse grips, and a multilayered running belt to ease the impact on your knees.

Plus, it’s durable and can accommodate users up to 240 pounds (109 kg).

There are several factors to consider when shopping for a treadmill.

First, it’s important to determine which features are most important for you.

For example, some treadmills are equipped with an LCD screen, heart rate monitor, device holder, or built-in speakers.

Many treadmills also offer a range of speeds, incline levels, and workout programs. These training features are particularly important if you’re looking for a treadmill that can grow with you as your fitness level increases.

For those with issues like knee pain, choosing a treadmill with a cushioned deck or shock-absorbing belt can help reduce stress on your joints.

Additionally, if you’re short on space, you’ll want to look for a treadmill that’s foldable and includes transportation wheels.

You should also consider the value. Although there are plenty of cost-effective treadmills to choose from, some are of higher quality than others.

A treadmill is a versatile piece of exercise equipment that can be used for running, walking, jogging, or sprinting.

Although it can be challenging to find a high quality treadmill that’s also budget-friendly, our list is a good starting point for your search.

When shopping for an affordable treadmill, be sure to consider the available features, training options, price, and customer reviews.