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Best Exercise Bikes Under $500 of 2016

Exercise bikes under $500 may lack the prestige of some of the higher priced models, yet there are many hidden gems located in this price range.

Learn more about what you can expect (and need to pay attention for) with exercise bikes under $500 below...


Top 5 Best Rated Exercise Bikes Under $500

1 2 3 4 5
Model Schwinn 125 upright bike

Schwinn
125

Schwinn 220 Recumbent Exercise Bike

Schwinn
220

ProForm 8.0 EX Upright Stationary Bike

ProForm
8.0 EX

ProForm 290 SPX Indoor Cycle Trainer

ProForm
290 SPX

NorsicTrack GX 3.5 Sport Indoor Cycle

NordicTrack
GX 3.5 Sport

Rating

Our custom rating considers all of the bike's features, specs, warranties, and 100's of user & expert reviews, to save you time!

Rating: 82.4%
Rating: 80.4%
Rating: 73.8%
Rating: 71.5%
Rating: 69.9%
Type

Type refers to the style of the ride: Recumbent bikes allow you to lay back, while Upright bikes are more like road bikes (lean forward).

Upright Recumbent Upright Upright Indoor Cycle
Resistance

The flywheel in an exercise bike is what creates resistance. You can choose the level of resistance to increase your workout intensity.

16 Levels 16 Levels 18 Levels Adjustable Adjustable/Twist
Display

Display refers to the screen you'll look at to monitor workouts. LED and LCD displays are similar to TV screens.

LCD LCD 5" Backlit LCD None Backlit LCD
Programs

Bike Programs allow you to complete a workout with changing speeds and inclines, without changing anything manually.

8 10 30 None None
MSRP

Suggested retail price, typically higher than the price you'll pay with our recommended retailers.

$399.00 $499.00 $799.00 $699.00 $999.00
Pricing

After carefully evaluating each online retailer that offers this bike, this is the website we recommend purchasing from.

See Best Price See Best Price See Best Price See Best Price See Best Price

Exercise Bikes Under $500 Buying Guide

Exercise bikes under $500 are surprisingly dependable, especially when compared to traditionally low rated ellipticals and treadmills offered in the same price range. The reason for this likely falls under two explanations A) exercise bikes have less wear parts and features compared to other types of exercise equipment, thus reducing the potential for cheap parts break downs and B) exercise bikes are generally lower priced compared to treadmills and ellipticals to begin with.

Consequently, exercise bikes under $500 may not always get the same hype and coverage as other, higher priced (and more reputable models), but that is not to say that a few hidden gems exist in the under $500 price range. For example, in our list of exercise bikes under $500, four models actually received an 80 or higher percent overall rating — not bad for a budget-friendly supposedly “cheap” price range.

Exercise bikes under $500 actually compare favorably to exercise bikes from $1,000 to $1,500. The major difference is that exercise bikes under $500 do not quite have the number of extra features and luxuries of the higher priced models. If you consider one of the Top 5 Exercise Bikes Under $500 (above) you’ll be surprised to find some very dependable trainers.

When shopping for an exercise bike priced at $500 or lower the four most important things to compare and contrast is the resistance type/drive system, number of resistance levels, durability of the frame as well as the warranty & guarantee. If the warranty is poor, it probably shows a lot about the manufacture’s confidence in the trainer. You need something that is not only proficient in meeting your fitness demands but also dependable.

While upright exercise bikes are much more common in the Under $500 price range, there are actually a few recumbent bikes available including the highly touted Schwinn 125 and the Schwinn 220. Check out other exercise bikes under $500 below…

6 NordicTrack NordicTrack GX 4.4 Pro Stationary Bike

NordicTrack GX 4.4 Pro

Rating: 69.8%
Price: $799 - Best Price: $499

The NordicTrack GX 4.4 Pro features 22 levels of resistance and 28 workout apps along with good extras like iPod input, iFit Live, cooling fan and stereo system. Read Review »