Best Exercise Bike Under 500 in 2020: Complete Reviews With Comparisons

best exercise bike under 500

An exercise bike could be the best fitness equipment to have in your home, and this fitness machine is not that expensive either.

The best exercise bike under 500 can give you similar results as a high-end model.

Plus, you get a gym-like workout without paying monthly fees.

You can burn anywhere from 300 to 650 calories in a 45-minute workout on an exercise bike.

Also, cycling targets your whole body, so those trying to lose weight can really benefit from this type of cardio.

Exercise bikes are also suitable for individuals recovering after an accident or surgery.

Since it does not take much space, you can find space for it even in a tiny apartment.

Best Exercise Bike Under 500: Brief Reviews

1. Sunny Health & Fitness SF-B1002 Indoor Cycle Bike

Sunny Health & Fitness has quickly become a renowned name in the fitness world.

The California-based company sells all kinds of exercise and training equipment with a guarantee of quality.

This indoor cycle bike is among the best exercise bike because it delivers what it promises.

Made from high-quality materials and equipped with many useful features, this can turn your home into a gym seamlessly.

Product Highlights

This stationary bike features a 49-pound flywheel and a robust frame that can withstand weights of up to 275 pounds.

The belt drive system is maintenance-free and one of the quietest.

You will not hear any kind of squeak or whoosh sound when cycling on this masterpiece.

Moreover, the bike gives you a real road-like experience, thanks to the resistance system.

This would work great for virtually everyone, no matter their height.

That’s because both the seat and the handlebars are adjustable.

The seat is a four-way adjustable seat (29 to 41 inches height), and the handlebars are two-way adjustable (18 to 23 inches seat to handlebar).

For your safety, there’s a pushdown emergency brake that abruptly brings the cycle to a complete stop.

Lastly, the adjustable caged foot pedal provides a firm grip for your feet.

What We Like

This bike has a sturdy build, but what really sets it apart is the customization it offers.

With the four-way seat adjustment feature, you can set it to exactly how you want it.

This allows you to cycle with your max potential.

Also, the adjustable leather pad resistance makes the cycle suitable for every level of the cycler.

You also have convenient features like a bottle holder and transport wheels to move the bike.

What We Don’t Like

While this is an excellent bike in terms of construction and performance, it lacks any kind of display to help keep track of your performance.

Similarly, you cannot track the resistance level, especially if you’re going for variations between rotations.

Pros:

  • Sturdy construction
  • Multiple adjustments points
  • Smooth cycling
  • Minimal sound
  • Easy assembly instructions

Cons:

  • No display/console
  • No resistance level tracker

2. XTERRA Fitness FB150 Folding Exercise Bike

XTERRA Fitness is another U.S.-based company, headquartered in Arkansas, known for producing high-quality and innovative fitness equipment.

You can recognize their machines through the large blue backlit LCD screens that sort of has become a signature feature.

The XTERRA Fitness FB150 is a simple and affordable exercise bike that’s perfect for beginners.

Product Highlights

The FB150 exercise bike has an X-frame that folds up seamlessly.

Once folded, it will take just about 18.1 by 18.1 inches of space on the floor.

This makes it ideal for those with very little floor space available to store it.

Even when folded out, it does not take a lot of space.

This indoor cycle may look smaller than stationary bikes, but it features a large and comfortable seat.

The seat has an ergonomic design that is comfortable so that you can cycle for longer periods.

This exercise bike offers eight levels of resistance that you can easily control with a dial tension knob.

Therefore, beginners and those who cycle regularly can find the right level of resistance for them.

The LCD display is quite small, measuring two inches, but it displays everything you need to know.

You have speed, time, distance, calories, and pulse to monitor directly from this small LCD.

The machine measures the pulse through pulse grips on the handlebars.

As for weight capacity, this fitness machine can withstand 225 pounds.

What We Like

This indoor bike has a minimalistic look, but it has so many useful features.

The bike is especially praise-worthy when it comes to storing it or moving it.

It folds up seamlessly, and you can use the transport wheels to move it into a storage room or garage.

Also, the 3.3-pound flywheel is well-balanced and makes for a smooth bike ride.

The performance of the wheel is comparable with high-end exercise bikes, too.

What We Don’t Like

XTERRA Fitness has managed to pack in so many features on this indoor bike that it’s hard not to like it.

However, it lacks some basic things like a bottle holder.

Also, the LCD display does not have a backlight.

Pros:

  • Takes very little space
  • Easy to assemble
  • Multiple levels of resistance
  • Adjustable seat
  • One-year frame warranty

Cons:

  • No bottle holder
  • Not great for extreme resistance

3. Cyclace Stationary Exercise Bike

Cyclace is a new company in the fitness sphere, and this particular model is one of their latest releases.

Just from the looks of it, you can tell that this company means business.

In fact, it would be hard to find a sturdy, feature-driven bike like this that is under 500.

Product Highlights

The triangular frame of this stationary bike is quite unique as the oblique tube and base tube are both slightly curved.

This design detail must serve as a boost to its sturdiness as the bike has a weight capacity of a whopping 330 pounds.

The adjustable seat makes this cycle suitable for individuals with a height of 5.1 to 6.5 feet, which encompasses most of the adult population.

It features a 36-pound flywheel and a belt-drive, which makes its cycling action a lot smoother.

Also, the flywheel is bidirectional, allowing for reverse paddling.

You can monitor your speed, time, distance, and calories on the LCD display.

You have multiple resistance, as well, which covers a wide range, so both beginners and pros can exercise on this.

The multi-grip handlebars offer both comfort and support, and the two-way adjustable handlebars go well with the adjustable seat to provide for a custom setting.

If you’re one of those people who like to watch videos while cycling, you’d be glad to know that you’d find a tablet holder on this bike.

What We Like

The seat of this Cyclace bike should be comfortable for a long duration of cycling.

Also, the bike provides increased levels of resistance, which makes it great for people looking for a challenge.

This is an all-rounder exercise bike that’s not only sturdy but also has all the necessary features.

It comes with an LCD display, emergency brakes, four balance regulators, and cage-style pedals.

What We Don’t Like

The bike does not read your pulse, and you cannot integrate pulse sensors.

With a pulse sensor, it would have made the stats on the LCD pretty complete.

Speaking of LCD, the one on this indoor cycle could use some improvement as it’s pretty basic.

Pros:

  • Great value for money
  • High weight capacity
  • Great for high resistance
  • Straightforward assembly
  • One-year warranty

Cons:

  • No pulse sensors
  • LCD could improve

4. Exerpeutic Gold Exercise Foldable Bike

Exerpeutic produces a large variety of affordable fitness equipment, including exercise bikes, treadmills, ellipticals, and inversion tables.

The Exerpeutic Gold Exercise Foldable Bike is another cheap yet highly functional product.

What makes this model stand out is the smart app, which helps to keep track of your workouts.

Product Highlight

This Gold Exercise Bike features a foldable X-frame that’s sleek and takes very minimal space.

It can fold to half the size (22 by 20 by 57 inches), which means easy storage.

The bike features a large 14-inch wide seat with generous cushioning.

You can easily adjust this seat according to your height.

The three-piece high-torque cranking system allows seamless pedaling.

As a result, even those cycling for recovery can use this bike.

Even though it’s a small bike, it features a large and legible LCD display.

You can clearly read the stats of your cycling exercise, including pulse rate from the pulse sensors on the handles.

Moreover, the bike syncs with the MyCloudFitness app via Bluetooth.

You can track your workout directly on your phone screen and set targets such as speed or calories burnt.

The V-belt drive, along with the flywheel, ensures a quiet cycling operation.

You also have an accessory holder for added convenience.

The weight capacity is pretty impressive at 300 pounds.

Lastly, the pedals are large in size and provide sufficient friction and tight grip, thanks to the straps.

What We Like

With everything going smart these days, the addition of an app to this indoor cycle makes it worth every penny.

It makes workouts more manageable and motivating.

The bike takes minimal space, especially when folded.

It’s easy to move and store, too, making it ideal for small apartments.

What We Don’t Like

While it’s easy to fold, this indoor cycle weighs quite a lot for a folding bike.

Also, it lacks a dedicated bottle holder (the accessory holder will not fit a bottle).

Pros:

  • Heavy-duty frame
  • Large adjustable seat
  • Large backlit LCD
  • Mobile app
  • High weight capacity

Cons:

  • A bit heavy
  • No bottle holder

5. BulbHead Slim Cycle Two-in-One Stationary Cycle

BulbHead enjoys quite a lot of coverage on TV and in magazines.

That goes to show that the company is really on to something with their gadgets.

While you can find a plethora of gadgets, tools, and home products on BulbHead, one of their products is the Slim Cycle.

This model brings you the benefits of an exercise bike with a little something extra.

Product Highlights

The Slim Cycle is an upright folding bike with a curvy X-frame.

However, more than that, it features arm resistance bands and a heart monitor.

This particular exercise bike has been designed to give you an intense cardio workout.

With it, you can cycle and do upper arm workout at the same time.

This low-impact bike offers a seat design that makes cycling a tad bit more comfortable.

You just sit and bike rather than slouching over.

You have eight different levels of resistance, so even if you’re sitting on the seat, you can turn up the resistance to challenge yourself.

The LCD console on this bike is quite big.

As a result, you can clearly read the digits and monitor your speed or distance while exercising.

The handles feature built-in heart monitoring sensors that measure your pulse.

The pulse is quite accurate and can help you amp your workout when need be.

What We Like

It offers all the benefits of a standard exercise bike but takes it up a notch with the arm resistance bands.

You can burn even more calories this way.

The large LCD is also a clear winner among its many features.

Most foldable exercise bikes feature very small consoles that are hard to read.

What We Don’t Like

The seat of this bike is pretty basic.

Since you would be sitting on it most of the time, it would have been better if it were more comfortable.

Pros:

  • Two-in-one workout
  • Large LCD
  • Multiple resistance levels
  • Easy assembly
  • Upright and recumbent positions

Cons:

  • The seat could be better
  • No tablet holder

Buyer's Guide

If you’re in the market for the best exercise bike under 500, you have to be a tad bit more discerning.

Since you might have a tight budget, you may have little choice.

Here’s everything you need to know to buy the right exercise bike for yourself:

1. Type

While there are several types of exercise bikes, you just need to focus on the few common ones.

Upright Bikes

This type of exercise bike is the most common type that offers a low-impact workout.

These are best for beginners as well as professionals.

Recumbent Bikes

A recumbent bike is not much different from an upright bike, but it allows you to sit and cycle.

This makes it more comfortable as the seat provides more support for your back.

Recumbent bikes are suitable for those recovering from an injury.

Indoor Cycling Bikes

These are also sometimes called stationary bikes or studio bikes.

They are full-fledged cycling bikes that simulate how you would cycle on the road.

This kind of bike offers multiple levels of resistance, so you can choose if you want your workout to be more intense.

It is also used by professional cyclists to practice indoors.

2. Manual vs Electric

The difference between a manual exercise bike and an electric exercise bike is pretty self-explanatory.

The main difference is that electric exercise bikes offer more features and flexibility.

With it, you can monitor important stats in your workout.

This makes it easy to set course for your workout and achieve that, rather than manually increasing your effort when cycling.

The main benefit of manual bikes is that they are the cheapest.

Though, you can easily find a quality electric exercise bike under 500 bucks.

3. Seat

Believe it or not, the exercise bike’s seat is a significant consideration.

After all, you would be sitting on it periodically or all the time during the workout, depending on how you cycle.

If it’s uncomfortable or does not have ample support, it could affect your performance.

More importantly, the seat should be adjustable, so you can keep it at a height and distance from the handlebar that’s appropriate for your height.

4. Handlebars

The handlebars of the cycle should ideally offer a firm grip.

You would sweat through your palms, and the last thing you need is to slip your grip on the handles.

Although not necessary, a multi-grip handlebar can provide extra support and allow you to change the positions of your arms throughout the workout.

Some electric exercise bikes also feature heart rate sensors on the handlebars.

These can measure your pulse as you pedal.

This feature is excellent if you want to know your pulse rate during the workouts.

5. Max User Weight

Many people use exercise bikes to lose weight, which means the bike should be able to withstand all that weight you’re trying to shed.

The weight capacity of the bike is also an indicator of its frame’s strength.

The higher the capacity, the more sturdy it is.

You should go for an exercise bike that offers a weight capacity that is at least 25 pounds more than your weight.

6. Stability

The most common complaint regarding cheap exercise bikes is that they lose balance during exercise.

Obviously, you want a well-balanced and stable exercise bike that does not make you fall.

It should not be lightweight; otherwise, it will lose balance easily.

7. Other Features

Besides all the essential features above, you should also watch out for some helpful secondary features.

The most important is the console or LCD display.

Many exercise bikes feature one to display important metrics like speed, calories, distance, and the likes.

Then, you also have features like a bottle holder or gadget holder, which can come pretty handier than you think.

Exercise Bike Under 500 FAQs

1. Is an exercise bike worth it?

There are many benefits to having an exercise bike in your home, some less apparent than others.

First of all, these bikes provide a terrific workout that’s manageable, low-impact, and targets many areas of your body.

Secondly, an exercise bike is way less bulky than a treadmill or those hybrid machines.

You can go for a foldable bike that’s space-efficient and easy to store.

Also, exercise bikes can provide a variety of workout intensities.

Someone recovering from an injury or an elderly person can go for gentle pedaling on one.

On the other hand, those looking to shed some layers of fat can go for intense sessions with high levels of resistance.

2. Can you lose belly fat by riding a stationary bike?

Cycling is considered one of the best full-body workouts that target many areas, including your belly.

However, cycling can target your belly fat in more than one way.

While physical exercise can help rev up your heartbeat and burn fat, it can also increase your metabolism and suppress appetite.

Even two to three cycling sessions a week can have a positive impact on your fat loss journey.

Again, when you cycle, you can burn up to 600 calories in just under 45 minutes.

High-intensity workouts are known for producing the best results when it comes to reducing your waist.

Exercise cycles can provide high-intensity cardio without you even leaving the house.

3. Which type of exercise bike is best for weight loss?

Any exercise bike can help you lose weight.

Still, if you’re quite ambitious, you should go for an upright electric exercise bike with high resistance.

High-intensity cycling can do wonders as far as weight loss is concerned, but that calls for a sturdy and smooth exercise bike.

Also, you should have an exercise bike with an LCD console that shows how you’re performing.

You can also set up goals on this machine.

In this way, you can track your performance and put it in numbers so that it makes more sense.

You would know the speed you achieved, the distance you covered, and the calories you burned.

4. Are 30 minutes on a stationary bike enough?

Yes, a 30-minute cycling session is ample if you’re trying to just stay fit or even lose weight.

However, many experts recommend cycling up to 45 minutes two to three times a week.

If you’re going for a 30-minute workout, you may want to amp up the resistance.

Less time with more resistance would give you the same impact as more time with adequate resistance.

This is one of the benefits of indoor cycling that you can adjust according to your own needs.

4. Is riding an exercise bike as good as walking?

Riding an exercise bike is more intense and better than walking.

In case you’re not aware, you burn around 60 to 100 calories by walking for a mile.

However, you burn twice, or even more, of that number by cycling on an exercise bike for just 45 minutes.

Since cycling is more challenging than walking, it shows even better results for weight loss and overall health.

Conclusion

While all these bikes are high-quality and affordable, if there’s one that qualifies as the best of the best, it’s the XTERRA Fitness FB150 Folding Bike.

Since it’s from a reliable brand, you can be sure about its quality and durability.

Secondly, it takes very little space, which makes it more manageable compared to its counterparts.

Also, with the XTERRA Fitness FB150, you have a variety of workout intensities and get to actively monitor your progress.

We hope you love the products we recommend! Just so you know, HomeFitnessEdge may collect a share of sales or other compensation from the links on this page. Oh, and FYI-prices are accurate, and items in stock as of time of publication.

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