Best Cheapest Exercise Bike [Review] in 2021

Last Updated on August 31, 2021

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Are you looking to work up a sweat and think a budget exercise bike is the way to go?

Well, there’s no need to keep snapping between decisions as I have everything you need to help you make that final choice on which indoor exercise bike to add to your basket.

I’ve been probing Amazon for the past few days and looked at over 50 of the best, low-cost exercise bikes but to save you some time, I’ve narrowed them down to just six, and let me tell you something, they’re all fantastic!

now when it comes to finding the best exercise bike on a budget you have to be cautious as there are too many to count online that are poorly made, with pedals that rattle and LCDs that stop working after only a few uses.

But don’t let that put you off, there’s a silver lining

I’ve looked at hundreds of reviews and studied which products offer you the most bike features, take up the least space, and most importantly have the best resistance all for a low price tag.

Here’s a little tip that they don’t tell you – where you put your indoor cycling bike is more important than you think, put it on your first floor or your basement if you have one. The bike will stay cooler in the summer and warmer in the winter.

And if you’re looking for an indoor exercise bike that has great value and best of all is inexpensive, you’ll want to check out number one.

We’ve spent the time so you don’t have to:

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Here's Pedallers List of the Best Cheapest Exercise Bikes

1.

Foldable Portable Fitness Cycle

Do you want accessories, adjustability, and magnetic resistance all for a great price?

This adjustable, upright, and recumbent exercise bike is without a doubt the best one to go for. Priced at $169 this is one of the cheapest exercise bikes on Amazon right now.

This bike has eight levels of resistance, a digital LCD display that measures heart rate, speed, time, distance, and calories burned.

and to top it off,

there’s a phone holder that can double as a TV remote holder. What I love the most about this bike though is the variety and quality you get for such a cheap price. It’s essentially 3 bikes in one with some of the added bonuses that are included in the top of the range exercise bikes.

Now,

If you need any more assistance this exercise bike has over 1500 positive ratings on Amazon and sits at a star rating of four and a half.

Yes, it’s really that great!

Pros

  • Upright and recumbent bike
  • Tension rope included
  • Magnetic resistance mechanism

Cons

  • No water bottle holder

Latest deal: Foldable Portable Fitness Cycle

2.

XTERRA Fitness FB150

A bit more skeptical about the idea of an exercise bike and worried you won’t use it?

This bike is simple and a sure-fire way to start your venture into fitness from the comfort of your own home. It comes packaged with all of the essentials including an adjustable seat, LCD display, and your eight resistance levels.

But what does this mean for you?

This is a cheap, but high-quality exercise bike that will help you keep fit or even just help pass some time. If you’re not interested in accessories and aren’t even certain you’ll commit to using your new exercise bike then this will give you a taste and all for a low price.

This bike is a great entry point for those who are unsure about exercise bikes, if you find yourself not using it then you know you only spent around $130 and even better it can be folded away out of sight.

Now if you’re an avid review reader like me you’ll be pleased to know that the FB150 has a staggering 8000 ratings.

Pros

  • Best Price
  • Easy to use
  • Quiet ride

Cons

  • Fewer accessories

Latest deal: XTERRA Fitness FB150

3.

Lanos Folding Bike

Don’t mind paying a few extra dollars for a bike that has some features that few others in this price range have?

Priced at just under $200 the Lanos exercise bike gives you the best of both worlds, an upright bike that converts into a recumbent bike.

Better yet,

This bike features 10 resistance levels, two more than the average amount for exercise bikes. It’ll be a smooth, quiet ride for you too with the Lanos’s magnetic resistance mechanism, a resistance mechanism usually reserved for those pricier bikes.

This indoor bike is a great way to push yourself during your workout, with its extra resistance levels, heart rate pulse sensors, and a large LCD monitor that displays your time, speed, distance, and calories.

I love this one, it’s an affordable exercise bike but packs those extra qualities that make it just as good, if not better considering the price difference, as the considerably pricier exercise equipment on the market.

This is by far one of the best exercise bikes money can buy.

Pros

  • 10 levels of resistance
  • 300 pounds weight capacity
  • 100% satisfaction guarantee

Cons

  • Slightly Pricier

Latest deal: Lanos Folding Bike

4.

Exerpeutic Gold

Looking for something that’s a little more durable and can accommodate your height and weight?

Well, the Exerpeutic foldable exercise bike is exactly what you’re looking for, with its sturdy steel frame, large padded seat, and the main attraction, a 400 pounds weight capacity which is way above the average for exercise bikes.

This heavy-duty exercise bike will help those who are looking to get fit from home and will be able to help people of any size monitor their calories time, speed, distance, and calories burned.

And yes I’m sure you’re wondering,

Yes, this exercise bike is going to help you feel the burn with its 3-piece ‘high torque’ cranking system that provides a consistent and smooth ride, and as an added bonus the pedals have a larger design with foot straps to prevent any slipping.

This is the best exercise bike when it comes to adapting to the user, it can handle almost any height or weight and more importantly, it’s only $199

Pros

  • 400-pound weight capacity
  • Durable and sturdy steel frame
  • 3-piece cranking system

Cons

  • Fewer accessories

Latest deal: Exerpeutic Gold 

5.

Marcy Upright Bike

Just looking for an all-rounder that gives you the essentials?

Perhaps the Marcy upright bike will scratch that itch. It comes with an adjustable seat so height is no issue, as well as a large LCD screen that displays distance, time, speed, and calories burned.

This is great for those of you who aren’t bothered by extra features that result in you looking at a higher price range.

So if you just want a solid, high intensity, body workout without the need of a personal trainer then the Marcy is one of the best exercise bikes out there.

But hold on a minute there’s even more

This isn’t just for beginners even more adept enthusiasts will get what they need from the Marcy as one of the main attractions is the smooth resistance system and tension knob that simulates different terrain.

This indoor cycling bike will fit nicely into your home and provide you with an efficient, high impact workout.

Pros

  • Magnetic resistance and tension knob
  • Adjustable seat accommodates height
  • Great for fitness enthusiasts and beginners

Cons

  • Less extra features

Latest deal: Marcy Upright Bike

6.

Schwinn A10

Happy to stretch that budget perhaps and looking to find something that offers a little bit more?

The Schwinn A10 is priced at $250 and has a few bonuses that might be an incentive to drop a few extra dollars on your indoor cycling bike. The first is the 7 preset programs that provide a fresh addition to your workout making your routine more versatile.

This is great for those who have already owned an exercise bike in the past or want to upgrade slightly as these programs will allow you to switch things up and prevent your workout from becoming monotonous.

By now though you should know there’s more,

The A10 has 8 levels of magnetic resistance, transport wheels, and an LCD screen that displays RPM, calories, distance, speed, and results.

I like the A10 because it adds those small things that make a big difference. Motivation is something we all struggle with when it comes to fitness and this is the best exercise bike on a budget for combatting that.

Pros

  • 7 programs for a versatile workout
  • Detailed but easy to use LCD
  • Padded and contoured seat for comfort

Cons

  • Smaller weight capacity

Latest deal: Schwinn A10

What Is The Best Exercise Bike For Weight Loss?

Lots of us are always looking to lose a few pounds, however, this is easier said than done as it’s hard to keep motivated and find a way of losing weight in an efficient way.

The right exercise bike will help you lose weight in a fast and fun way, it will be like your own personal trainer at home.

And the good news?

I know exactly what exercise bikes you need to accomplish this. To find the right indoor bike for you there are a few things you need to consider such as how much you weigh and how much space you have to work with.

My first choice is the Upright Recumbent Portable Fitness Cycle, this folding exercise bike has all the key components needed to push yourself in an efficient way, plus seeing your calories burned will help motivate you that tiny bit more as you see how well you’re doing.

But the best part?

The phone holder that doubles as a TV remote holder will let you watch Netflix all while working out so there’s no need to worry about staying motivated, you’ll barely notice your exercising.

For those who are a little taller or heavier though you absolutely have to look at the Exerpeutic Heavy Duty Bike. With its large cushioned seat, 400-pound capacity, and easy to read LCD you’ll be able to get fit at home no matter your shape or size.

So what does this all mean for you?

It’s simple, don’t be deterred by your size and any failed attempts at exercise. There are plenty of indoor bikes made that will adapt to your home and every need, providing a fun and easy experience for you.

Frequently Asked Questions

  • Where is the best place to buy an exercise bike?

The best place to look for exercise bikes is Amazon. Here you’ll find the widest variety and you can see what other customers thought of the product allowing you to better understand if it’s right for you.

  • Can I still get a good value exercise budget within a budget?

Definitely! Some of the cheaper exercise bikes are arguably better as they feature many of the accessories found on the bikes that are in a higher price range.

  • What are the different types of tension?

There are four main types of tension used on various exercise bikes:

  1. Flywheel-based – Most exercise bikes come with a flywheel, these are often heavy so rotating the wheel at first is difficult. Exercise bikes use other methods along with the flywheel as a flywheel on its own would be inefficient.
  2. Direct Contact – Breaking pads come into contact with the flywheel causing it to decelerate resulting in constant effort required to rotate the flywheel. However, these mechanisms often wear and tear as well as produce noise.
  3. Magnetic – As the flywheel rotates it disrupts the magnetic field of the two magnets on either side of the flywheel. This causes the flywheel to resist and thus require more pedaling to rotate. These exercise bikes do not produce noise and have higher tension.
  4. Fan-based – This does not use a flywheel, instead a fan builds speed as you pedal resulting in more air resistance encouraging you to go faster for more tension. These are also silent and provide a constant breeze however, they are expensive.

Summary

So that’s it, as you’ve probably seen by now there are so many indoor bikes that meet your budget or even fall under it.

My top pick was the least expensive and had some of the best accessories. There’s an exercise bike out there for just about every type of person so don’t be put off by all of the $1000 models you see online or on TV.

When looking for an exercise bike make sure it fits your needs, be it a comfortable seat with a backrest, or maybe adjustable handlebars if you’re slightly taller or shorter than average. Make your workout program easy for yourself by preparing otherwise you’ll wish you had spent a little more on that extra feature.

The most important thing about your bike, however, is that it makes you enjoy your workout.

Keep Pedaling!

Alex Bristol

Content Manager at Pedallers

ABOUT

Alex is a cycling expert at Pedallers and focuses on reviewing bikes, accessories, and general cycling. He searches for the most up to date products that match the needs of cyclists across the world. Whether it's recent news or the best bike set-ups, Alex is a trusted source for anything around cycling.