11 best cheap treadmills 2023 — the top budget options

WITH the new year right around the corner, many people will be making resolutions to save money or to exercise more.

One of the best ways to do both of those things is by buying a cheap treadmill so that you can workout at home instead of paying hefty gym fees.

Having a treadmill at home is also great for those who love to go out for a run but can’t stand doing it during the cold winter months.

With so many cheap treadmills available right now, it can be hard to know where to start your search.

Here are some of our favorite cheap treadmills to help keep both you and your wallet in shape this year.

As always be aware that the prices and availability of these items are subject to change based on time and location.

1. ProForm Cadence Compact 300 Folding Treadmill

• ProForm Cadence Compact 300 Folding Treadmill for $297 at Walmart – buy here

One of the most important qualities to look for in a cheap treadmill is storage capabilities, so one that folds like this model from ProForm is a great choice.

This treadmill is also compatible with the iFIT personal training program so that you can have a professional trainer help guide you through your workout.

2. Sunny Health & Fitness Folding Treadmill

• Sunny Health & Fitness Folding Treadmill for $294.99 at Target – buy here

This easy to assemble treadmill comes equipped with wheels to make transportation easier, so you can move it in and out of your desired workout area.

It’s also got an easy to use display to make your workout as simple or as challenging as you want it to be.

3. Foldable Walking Compact Treadmill

• Foldable Walking Compact Treadmill for $363.99 from Sunny Health & Fitness – buy here

Complete with a digital monitor to track your speed, distance, and other details about your workout, this treadmill will keep you moving.

You can even monitor your heart rate throughout your workout by grabbing the onboard pulse sensors.

4. Sesslife Treadmill

• Sesslife Treadmill for $300 at Walmart – buy here

This treadmill comes with an LCD display that clearly shows time, calories, distance, speed, and heart rate as you run or walk.

One of the biggest benefits of this treadmill is how quiet it is, so that you won’t bother a spouse or sleeping child while you workout from home.

5. ProForm Cadence Compact 500 Smart Treadmill

• ProForm Cadence Compact 500 Smart Treadmill for $399 at Dick’s Sporting Goods – buy here

One of the more high tech options on this list, this treadmill from ProForm allows you to connect via bluetooth to choose what you listen to during your workout, either through the treadmill’s speakers, or through headphones that can plug into the treadmill itself.

Not only does this treadmill have the ability to link to your smartphone with a Bluetooth smart connection to let your iFIT Trainers auto-adjust your speed and incline, it also comes with a free one month iFIT subscription.

6. SuperFit 2 in 1 Folding Treadmill

• SuperFit 2 in 1 Folding Treadmill for $269.99 at Walmart – buy here

This versatile treadmill makes it easy to switch between a run and a walk, and it comes in seven different colors so you can pick the best one for your home gym.

This treadmill is ideal for those looking to walk as they work from home, or even while they watch TV.

7. Weslo CrossWalk 5.2t Treadmill

• Weslo CrossWalk 5.2t Treadmill for $399.99 at Kohl’s – buy here

This treadmill comes with usable handles so that you can target both your upper and lower body while you run for full body engagement.

The ability to get a full body workout from your treadmill really sets this one apart from the pack.

8. HFC 2 in 1 Folding Treadmill

• 2 in 1 Folding Treadmill for $269.99 from Home Fitness Code – buy here

The fold down bar on this treadmill makes it perfect for sliding under a desk so you can get your workout in while you work from home.

This treadmill comes equipped with 5-layer non-slip running belt which provides excellent shock absorption ability, effectively reducing the impact of vibration and protecting your knees, joints, and ankles.

9. XTERRA Fitness TR Folding Treadmill

• XTERRA Fitness TR Folding Treadmill for $359.99 at Amazon – buy here

This treadmill comes preloaded with 12 preset programs and three incline settings so you can bring a level of variety to your workouts.

That’s all while the LCD display keeps you updated with information about your workout such as your time, speed, distance, and calories burned.

10. FYC Folding Treadmill for Home

• FYC Folding Treadmill for Home for $329.99 at Amazon – buy here

This foldable treadmill will keep you moving in silence with its low noise motor making it ideal for a home workout.

The LED display will track your steps, speed, distance and more as you run through your workout.

11. EXP 7i

• EXP 7i for $1199 from NordicTrack – buy here

If you’re willing to spend a bit more, the EXP 7i treadmill is a great pick with its AutoAdjust technology that automatically adjusts speed incline, based on trainer cues and terrain changes.

This treadmill also allows you to explore global destinations from the comfort of home and experience varying terrains and changing intensity levels driven by the elite trainers you’ll now have access to.

How much do treadmills cost?

Some home treadmills can cost thousands of dollars, however right now many retailers are offering cheaper options between $200 and $500, so you can get fit from home without breaking the bank.

Where to buy cheap treadmills

Here are some of our favorite retailers selling cheap treadmills:

What is a good treadmill size?

A good treadmill is one that gives you enough room to use it properly while not taking up too much space.

Typically a good treadmill size is something between 42 and 50 inches in length and 12 and 16 inches in width.

What to look for in a budget treadmill

When looking for a budget treadmill you want to make sure that you’re getting something that can fit in your homes space, but you also want to make sure you’re getting something strong enough to hold everyone that will be using it.

What is incline on a treadmill?

Incline on a treadmill refers to the degree of the angle on the slope of the running surface as it increases to simultaneously increase the difficulty of your run or walk.