The 5 Best Treadmills For Homes Under $500 In 2023

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The idea of running from the comfort of your own home is appealing for more reasons than one. It’s convenient, comfortable – and you’ll never have to worry about checking the weather forecast.

We know many of you might feel hesitant when it comes to purchasing potentially costly equipment.

But rest assured: you don’t have to invest in the most expensive treadmills in order to get the functionality you need.

To make things easier, we’ve done the research for you and have compiled a list of the best treadmill for homes under $500.

When treadmill shopping, the options are still surprisingly vast even with a smaller budget – and all this choice can make finding the right one a challenge. 

It doesn’t matter if you’re an amateur runner, accomplished marathoner, or just looking to fit some exercise into your working from home routine – there’s a perfect match for everyone.

Let’s get started!

 Best Treadmills For Homes Under $500

The 5 Best Treadmills For Homes Under $500 In 2023

1: Best overall treadmill: Sunny Health & Fitness SF-T7515 Smart Treadmill

2: Best budget treadmill: Xterra fitness TR150 folding treadmill

3: Best for home working: Goplus 2 in 1 Folding Treadmill

4: Best for easy assembly: Weslo Cadence G 5.9i Cadence Folding Treadmill

5: Best for incline: Serene Life Folding Treadmill

What are the benefits of using a treadmill?

Running, jogging, and walking are simple forms of exercise you can take advantage of and the health benefits that come hand in hand are far too good to miss out on.

​​#1: Aids weight loss

As a form of cardio, treadmills offer a great way to burn calories. If paired with the right diet, this can be a super efficient way of losing weight and improving cardiovascular health.

#2: Builds muscle and bone density

One of the many great things about treadmills is their ability to engage multiple muscle groups, providing you with a full-body workout. 

Treadmill use can also improve bone density, studies show, by increasing the amount of minerals that can be found in your bones. This will help them to strengthen over time.

#3: Improves mental wellbeing 

Aside from physical health benefits, the impact regular treadmill use can have on your mental health isn’t to be overlooked. Studies evidence that running encourages the production of endorphins, those feel-good chemicals that help to regulate our mood.

Running also reduces hormones such as adrenaline and cortisol, which can help to lower stress levels.

Woman using a treadmill at home.

The Best Treadmills For Home Under $500

When looking for the best treadmill for home under $500, decide what features are your priority. Considering what key features and advantages best suit you is a crucial place to start. 

You might want to ensure you opt for a foldable model if you’ve limited space or perhaps choose one with a quiet motor if you’re worried about noise. 

Keep scrolling to read our list of the 5 best treadmills for homes under $500 with pros and cons to help you find out which is most suited to your individual needs. 

#1: Best overall treadmill: Sunny Health & Fitness SF-T7515 Smart Treadmill

Weight capacity: 240 Pounds Belt Size: 49.5″ X 16.5″

Sunny Health & Fitness SF-T7515 Smart Treadmill
Foldable and easy-to-read LCD displayA little noisy
Three-year warranty

When it comes to value for money, the Sunny Health And Fitness SF-T7515 is the best overall for home treadmills under $500.

Packed with technology that you’d normally expect to see with a treadmill at a higher price mark such as auto incline, built-in speakers, and bluetooth connectivity; it is surprisingly great for how cheap it is and demonstrates the perfect combination of durability and function.

Despite all the bells and whistles, it’s still super easy to operate and the large LCD screen makes tracking your fitness goals feel like clockwork. It is very sturdy and accommodating of a long stride, yet still conveniently foldable for storage between use.

#2: Best budget treadmill: Xterra fitness TR150 folding treadmill

Weight capacity: 250 Pounds Belt Size: 16″ X 50″

Xterra fitness TR150 folding treadmill
Durable, foldable designSlightly narrow running belt
12 preset workout programmes

The Xterra fitness TR150 treadmill comes in at the lowest price from all our picks. So if you’re looking to spend as little money as possible on your treadmill yet still ensure reliability, you can put your trust in this one. 

Its durable, heavy steel frame means it’s built to last and provides a super smooth performance; best for those of you focused on calorie-burning workouts. 

Despite its folding design enabling it to fit into small spaces, it still boasts a generous belt size.

With 12 preset workout programs, adjusting the difficulty of your workout to meet your personal fitness goals could not be more simple.

Xtrasoft cushioned deck technology also means your joints are supported and your workouts will be more comfortable.

Related article: The Best Folding Treadmills With Incline

#3: Best for home working: Goplus 2 in 1 Folding Treadmill

Weight capacity: 265 Pounds Belt Size: 39.3″ x16″ 

Goplus 2 in 1 Folding Treadmill
Bluetooth connectivityLow-speed range
Easy to fold, move and store
Low-noise motor

If you’re investing in a treadmill to introduce cardio into your work-from-home routine then the Googo 2-in-1 is ideal.

Its foldable feature means it easily converts to slot under a desk space, whilst its quiet 2.25HP motor ensures minimal noise for a non-disruptive workout.

This treadmill might have a lower speed range of 4mph but for under desk use and a steady jog that’s all you’ll need.

Its wide shock absorption belt also guarantees you a comfortable workout by providing your joints, back, and muscles with support and cushioning.

#4: Best for easy assembly: Weslo Cadence G 5.9i Cadence Folding Treadmill

Weight capacity: 275 Pounds Belt Size: 16” x 50” 

Weslo Cadence G 5.9i Cadence Folding Treadmill
Foldable space-saving designNot suited for heavy training
Bluetooth connectivity

The Weslo Cadence G 5.91 Cadence Folding treadmill is incredibly easy to assemble, for anyone worried about taking their treadmill up and down alone. Its compact design and folding mechanism make it very space-saving too. 

This machine will provide you with a comfortable and low-impact workout thanks to its comfort-cell cushioning.

 Its large LCD display system lets you monitor progress and its QuickSpeed controls allow you to change your pace at the click of a button. If that wasn’t already enough to win you over it even comes with a free 30-day iFIT membership!

#5: Best for incline: Serene Life Folding Treadmill

Weight capacity: 265 Pounds Size: 7” x 39. 3″

Serene Life Folding Treadmill
Maximum speed of 6 mphShort running belt
Four levels of adjustable incline
Super lightweight and compact

The Serene Life Folding Treadmill is compact and foldable with built-in wheels to make it easy to move and store.

Its steel frame does make it somewhat heavy to move but with the help of a second person you’ll have no trouble.

With an incline of up to 12% it’s perfect for helping you tone muscles and build ankle strength that bit faster. The preset buttons will enable you to quickly and easily change your speed and incline. 

Its powerful yet quiet motor is built for you to run long distances with minimal noise!

Up next . . .

If you’re feeling ready to get stuck in and introduce daily running into your routine but need a little guidance, check out our 30-day running challenge for beginners. This will provide you with the perfect introduction.

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Thomas Watson is an ultra-runner, UESCA-certified running coach, and the founder of His work has been featured in Runner's World,, MapMyRun, and many other running publications. He likes running interesting races and playing with his two tiny kids. More at his bio.

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