Best Exercise Bike Under $300 [Review] in 2021

Last Updated on March 29, 2021

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Are you looking for an indoor cycling bike that’s cheap but maintains quality and includes top-of-the-range features?

While it may sound difficult you’d be surprised at the number of great exercise bikes out there for under $300. And to help you out I’ve looked at the best of the best and put them into this list so you can find the best indoor cycling bike for you with little trouble.

It’s important to know what you’re looking for in an exercise bike, with so many different parts and the varying quality and price you need to be careful just in case you end up buying a bike that’s made with cheap parts.

Now, here’s the good news.

I’ve looked at a whole host of bikes and compared all of the features from resistance type to the comfort of the saddle so you can quickly identify the parts you like in each product and make the right choice for you.

This list consists of only the highest quality bikes so just because a bike is placed at number four does not mean that it isn’t the best exercise bike under $300. That all depends on what you consider to be essential or preferable when it comes to your exercise bike.

As a quick tip – if you’re above or below average in height then you’ll want to prioritize adjustability with your bike as an adjustable seat and handlebars mean the indoor cycling bike is more likely to adapt to your body size which makes your bike easy to use and more effective at doing its job.

I think you’re going to be drawn to more than just one of these bikes but let’s start from the top and I’ll show you what I think is the best choice and value for money.

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Here's Pedallers List of the Best Exercise Bike Under $300

1.

RELIFE Exercise Bike

My top pick is a well-regarded upright bike that’s going to help you push it to the max and really break a sweat. Best of all? It’s only $269.

This exercise bike is made of heavy duty steel and thick foam to keep the stability and durability, and it boasts an impressive weight capacity of 440 LBS. The cycle bike has multiple places that can be adjusted like seat cushions, handlebars, and resistance all ergonomically designed for optimum comfort. Plus an emergency braking system can stop the bike immediately.

Thicken foam, stable structure, adjustable design, and comfortable angles all follow the ergonomic design concept while this indoor cycling bike gives the experience of a realistic road-like feeling so you can feel the burn as you go.

Now, this gets even better.

Track your performance and monitor your exercise progress index. For your body workout provides data reference such as speed, time, distance, and calories burned. Meaning you can see just how much progress you’ve made and improve your workout even more.

My favorite thing about the RELIFE exercise bike though is that RELIFE “stands behind our quality guarantee with our 1-year warranty on the frame and Lifetime Warranty on all other materials.” They also encourage you to get in contact and promise to respond within 24 hours which is great for those of us who are a little cautious when it comes to buying online.

Don’t miss out on this bike it’s phenomenal value for money and you won’t want to miss out on it!

Pros

  • 440lbs weight capacity
  • Ergonomic design
  • 1-year warranty

Cons

  • Some reports of parts not being tightened enough

Latest deal: RELIFE Exercise Bike

2.

Sunny Health & Fitness Indoor Cycling Bike

Next up is the Sunny health and fitness exercise bike. Sunny Health is renowned for producing great bikes and this one is no exception.

With this exercise bike, you can create a custom workout with ease with the micro-adjustable resistance, and when you’re ready to call it quits, you can stop instantly with the quick stop lever.

You can also track all of your important fitness stats such as time, distance, speed, calories, and scan with the easy-to-use multifunctional digital monitor so you can keep tabs on your workout and experiment a little and use the feedback to hone your routine into the best one possible.

Better yet.

The whopping 40lb flywheel will help you generate momentum smoother and faster resulting in you building strength quicker and toning the muscles in your legs.

As an added bonus most of the major components are already pre-assembled for you so all you have to do is screw on the pedals, insert the seat, and handlebars in the shaft and you’re basically good to go! Many reviewers have stated how this process only takes around 30 minutes which means you don’t have to faff around building bikes. instead, just hop on and get pedaling right away!

And if all of that doesn’t convince you then I’m not sure what will. Go and check it out!

Pros

  • 40lb flywheel
  • Easy to assemble
  • Micro-adjustable resistance

Cons

  • Knowing what level of resistance you’re using is unclear

Latest deal: Sunny Health & Fitness Indoor Cycling Bike

3.

Lanos Folding Exercise Bike

This exercise bike is compact, cheap, made from high-quality materials, and best of all it’s available right now!

This exercise bike is a 2-in-1 Upright and Recumbent Foldable Stationary Bike, it’s the perfect workout bike and recommended for everyone. The upright exercise bike helps boosts your heart rate and improve your cardio fitness. While the recumbent exercise bike is a more comfortable and natural reclined body position which helps counter muscle soreness in the upper body.

Customize your home exercise bike routine with 10-levels of adjustable magnetic tension control. That’s more than your average bike! Different intensity levels allow you to challenge yourself and change up your routine workout with a simple adjustment of the tension knob while the precision balanced flywheel provides a smooth and quiet ride.

And if you’re thinking it doesn’t get better, just wait and see…

The unique and compact design of this exercise bike can be easily folded to half of the assembled size and easily moved using the included transportation wheels. On top of this, the digital monitor clearly displays distance in miles, speed, time, calories, and heart rate pulse or you can track your pulse with the built-in pulse sensors in the handlebars.

Lanos also provide a 100% satisfaction guarantee and many reviews praise the customer service so you don’t have to worry about not hearing a reply. This is definitely a contender for the top spot and easily falls into the category for best exercise bikes under $300.

But if you don’t act this one might go out of stock as it’s clearly very popular on Amazon.

Pros

  • 10 levels of resistance
  • 100% satisfaction guarantee
  • Foldable

Cons

  • Some reports of the bike arriving with broken pieces

Latest deal: Lanos Folding Exercise Bike

4.

Exerpeutic Folding Magnetic Upright Exercise Bike

This one is great if you’re looking for a simple, compact bike that gets the job done and all for only $200.

The Exerpeutic comes with a large seat cushion that accommodates people of all sizes, plus the weight capacity is 300 lbs so this bike is all about accommodation and suiting as many needs as possible.

An 8 level magnetic resistance system allows you to adjust the tension level for an easier or more difficult level depending on your skill and how hard you want to work while on your bike.

By now though you should know that there’s more on offer here.

The 3-piece ‘high torque’ cranking system provides a smooth and consistent pedaling motion while the hand pulse sensors help monitor your targeted heart rate zone so you can achieve an optimal workout routine and build strength in your muscles.

While not the flashiest or high-tech exercise bike in the world, Exerpeutic has a lot to offer and is still a worthy choice despite being on the bottom of this list. But don’t take my word for it, if you look at the 16,000+ reviews and 4.5-star rating on Amazon you’ll quickly realize why this bike is on the list.

Pros

  • Foldable
  • Large adjustable seat
  • 8-level magnetic resistance

Cons

  • Some reports of the flywheel making noise

Latest deal: Exerpeutic Folding Magnetic Upright Exercise Bike

What To Look For When Choosing Exercise Bikes Under $300

Type of Bike

There are three primary types of exercise bikes, an upright bike, a dual-action bike, and a recumbent bike. These each have their different perks and drawbacks.

For example, a dual-action bike can give you a full-body workout due to its moveable handlebars while a recumbent bike gives you a low-impact workout due to its reclined position that takes the pressure off your joints. An upright bike on the other hand is probably the most common type and most versatile when it comes to exercising. These simulate proper bicycles and give you a high-intensity workout.

Price

Now, this article is about exercise bikes under $300 which is a good reference point when it comes to price. Many exercise bikes fall under this price point so unless you have the budget and want to really take your cycling to the next level there’s no reason to exceed the $300 mark.

However, many bikes within the 300 range are poorly made with cheap plastic so be sure to look at reviews and ratings or pick any of the bikes from my list above as this will ensure you get a high-quality product.

Resistance System

This is a big part of your indoor cycling bike, there are three types of resistance systems, these include magnetic, fan, and direct contact. Out of these three magnetic tension is going to be the best when it comes to quality and price.

Direct contact is dated and not used with many modern models while fan bikes tend to be on the pricier side however if you find one under $300 it may be worth considering as they are arguably superior to magnetic. Magnetic resistance will offer you a smooth and silent ride so you can exercise peacefully and efficiently.

Resistance Levels

This information will often be included with the resistance type. For example, you may see Eight levels of magnetic resistance under an exercise bike description.

Eight levels are the standard amount so if you see 10, 12, or even up to 24 in some models all for under $300 then this is a bonus and means you’ll be able to customize your workout more precisely.

Flywheel

This is very important as the flywheel essentially determines how much resistance you’ll feel when pedaling. Luckily, for such an important part it’s relatively easy to know what to look for.

The weight of the flywheel should be displayed on most exercise bikes so be on the lookout for the heaviest one possible. The average weight is usually around the 30lbs mark so anywhere in this range should give you a good amount of resistance when you cycle.

Adjustability

As I mentioned at the beginning of this article adjustability is especially important if you have an uncommon body type. Finding a bike with an adjustable seat and handlebars will allow you to change your position and posture on the bike.

Posture greatly determines how effective your workout is as bad posture will just make very little difference and in some cases lead to pain. Some bikes even have an adjustable frame so if you can find this and you’re unsure whether an exercise bike will adjust to you then this may well be worth considering.

Comfort

Nobody wants to sit on an uncomfortable exercise bike as it’s only going to lead to you dreading every session and eventually you may stop using it altogether so in a way comfort is the most important factor as this will ensure you keep coming back. An ergonomic design will help you out with this. Finding a large padded seat, a breathable backrest if you’re looking for a recumbent, and a step-through design ensures a comfortable and easier ride.

A step-through design means that you don’t have to mount the saddle, instead just walking through and sitting like any other chair. Padded seats and backrests on the other hand will ward off any soreness or pain so you can commit to a multi-hour workout with little need to worry about getting backache or butt pain.

Storage

If you’re lacking space in your home then you’ll be looking for a bike that’s smaller or maybe even folds up so it can easily be packed away when you’re not using it. Luckily, many foldable bikes are very cheap and even come with a 2-in-1 design with some models so you can enjoy the benefits of a recumbent bike or an upright bike.

Transportation wheels are also handy as an indoor cycling bike isn’t always the most lightweight thing in the world so transportation wheels will help you wheel it out of the room and avoid injuring yourself.

LCD

The best exercise bikes will have a well-made LCD monitor that’s easy to read and features important details about your workout such as time, speed, distance, and calories burned.

Some LCD displays also come with a pre-loaded program designed to provide you a guided routine that you can follow if you’re unsure of how to use your bike effectively and achieve your goals. While this feature is more likely seen on pricier models there are some exceptions if you keep a close eye out.

Frequently Asked Questions

Is an exercise bike good for cardio?

Yes, an exercise bike is one of the best pieces of equipment for your cardio workout. Exercise bikes work the same muscles in your lower body as a bicycle would such as your quadriceps and hamstrings as well as give you all the cardiovascular benefits of riding a normal road bike.

Are there good exercise bikes under $300?

Absolutely! In fact, most exercise bikes on the market are below this price range so you should have no trouble finding an exercise that suits your needs and all for a great price. If you want some recommendations then scroll up and have a look at my list.

Summary

You’re one step closer to getting the best exercise bike under $300. The suggestions are above are among the best exercise bikes out there regardless of price so you’ll be hard-pressed not to love them as much as I do!

Remember when you’re looking for an exercise bike be sure to look out for a good LCD display, pulse sensors, adjustable resistance, and weight capacity. Other accessories such as a water bottle holder can also come in handy.

Now you’re fully equipped with some options, tips, and information it’s time to go out there and add a stationary exercise bike to your basket but before you commit to the purchase make sure it’s right for you and most of all enjoy it when it arrives.

Keep fit and 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.