The Best Treadmills Under $500 For Your Home Gym

When it comes to the best treadmills under $500, keep in mind that these machines are built for very light use, so if you are looking for something that you can use daily for years, you might want to bump up to the $500-$1000 range if possible.

If not, our top picks will be just fine for light walking or jogging, rehabilitation, or use by the elderly for an easy cardio workout.

Below you will find our our expert picks of the top under $500 treadmills. These are your best bets for an entry level treadmill, starting with our top selection as well as three others to consider.  

You can check out the best current price for each model or read our review for more information including specs, pros, cons, etc.

BEST TREADMILL UNDER $500 - WINNER

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Best Model: 400i

Best Features: Easy folding, power incline, advanced cushioning, strong motor, 18 workouts, iFit coaching, solid warranty


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Best Model: Cadence G 5.9

Best Features: Foldable, workout selection, incline capability, low price


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Best Model:  In-Motion

Best Features: Foldable, transport wheels, portable, incline capability, low price


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Best Model: SF-T4400

Best Features: Hand rail controls, built in workouts, large display


Treadmills Under $500 - Summary

Those are our expert picks of the best treadmills under $500.  Note that our top pick, the ProForm Performance 400i, is a bit above this price range but for the sheer amount of features that you get compared to all of the others, it is well worth the $99 extra and is well worth considering.

If it is at all possible, consider bumping up to the $500-$1000 price category, as that will give you more options to consider and it will be a nice step up as far as quality, capabilities and features.

Still, if you want a treadmill and your max budget is $500, all of these machines will serve you well for light workouts...walking, jogging, rehab, etc.  If you are going to do a lot of running, or you are on the taller or heavier side, you'll want to explore the higher price ranges.