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Best Rated Exercise Bikes Under $500 – Comparison & Reviews

November 10, 2023 by  
Filed under Exercise Bikes



Best Exercise Bikes under $500

Best Home Exercise Bikes under $500

Best Rated Exercise Bikes under $500 Dollars * Comparison & Reviews 2023-2024 This is a roundup of the best rated upright or recumbent exercise bikes for Home use with a price under $500 and over $300 dollars. This type of bike is a mid-range bike. At this affordable price point, there are a limited number of highly rated exercise bikes. These bikes generally weigh more, and have more features than those bikes under $300.

Exercise bikes under $500 have shorter warranties than the highest quality bikes that sell for over $500. But these bikes have a good mix of quality and value. Exercise bikes provide an excellent form of aerobic exercise at home that you can do no matter what the weather is outside. Exercise bikes are easier on your joints with less impact than other forms of cardio exercise, such as running. You can compare each exercise bike below by features such as workout programs, reviews, maximum weight capacity, price, and other features. A glossary of terms is available at the bottom of this page.

Best Rated Exercise Bikes under $500 Dollars (2023-2024)
( Exercise Bikes over $300 and under $500 – Comparison & Reviews)

Schwinn 130
Upright
Stationary Exercise Bike
Schwinn 190
Upright
Stationary Exercise Bike
Sunny Health & Fitness SF-B1002 Belt Drive Indoor Cycling BikeSchwinn
Model 230
Recumbent
Exercise Bike
Schwinn 130 Exercise Bike

Schwinn
130
Upright Bike


Exercise Bike

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Schwinn 190 Exercise Bike

Schwinn
190
Upright Bike


Exercise Bike

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Sunny Bike

Sunny Health
SF-B1002
Cycling Bike


Exercise Bike

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Schwinn Exercise Bike

Schwinn
230
Recumbent Bike


Exercise Bike

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Upright Bike
Magnetic Resistance
16 Resistance Levels
Grip Heart Monitor
13 Workout Programs
Backlit LCD Display
Maximum User Weight: 300 lbs.
10 yr frame warranty
Built-in Speakers
– – –
Footstraps included
Weighted Flywheel
Water Bottle Holder
41″L x 21″W x 56″H
Weight: 58.4 lbs.
Bluetooth®
Upright Bike
Magnetic Resistance
25 Resistance Levels
Grip Heart Monitor
13 Workout Programs
Backlit LCD Display
Maximum User Weight: 330 lbs.
10 yr frame warranty
Built-in Speakers
– – –
Footstraps included
Weighted Flywheel
Water Bottle Holder
48″L x 29″W x 56″H
Weight: 84 lbs.
Bluetooth® Connect
USB Charge Port
Indoor Cycling Bike
Friction Resistance
Resistance Knob
– – –
– – –
Backlit LCD Display
Maximum User Weight: 270 lbs.
1 yr frame warranty
– – –
– – –
Footstraps included
49 lb. Flywheel
Water Bottle Holder
50″L x 20″W x 44″H
Weight: 113 lbs.
Belt Drive
Recumbent Bike
Magnetic Resistance
16 Resistance Levels
Grip Heart Monitor
13 Workout Programs
5.5″ LCD Display
Maximum User Weight: 300 lbs.
10 yr. frame warranty
Built-in Speakers
– – –
USB Charging Port
2 integrated levelers
Water Bottle Holder
64″L x 28″W x 50″H
Weight: 80 lbs.
– – –


Best Rated Exercise Bikes under $500 Dollars (2022-2023)
( Exercise Bikes under $500 – Comparison & Reviews)

Sunny SF-RB4616S
Recumbent
Exercise Bike
L NOW D808 Magnetic Indoor Cycle Bike Exerpeutic 2000 Magnetic Recumbent BikeExerpeutic 4000 Magnetic Recumbent Bike
Sunny Recumbent Bike

Sunny Health
SF-RB4616S
Recumbent Bike


Exercise Bike

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Recumbent Bike
Magnetic Resistance
Belt Drive
12 Resistance Levels
Grip Heart Monitor
– – –
LCD Display
Maximum User Weight: 300 lbs.
1 yr. frame warranty
Footstraps included
– – –
Water Bottle Holder
57″L x 26″W x 46″H
Weight: 81 lbs.
Tablet/phone holder
Bluetooth® Connectivity
Indoor Cycling Bike
Magnetic Resistance
Belt Drive
8 Resistance Levels
Grip Heart Monitor
Sunny APP programs
LCD Display
Maximum User Weight: 300 lbs.
1 yr. frame warranty
Footstraps included
48 lb. Flywheel
Water Bottle Holder
50″L x 22″W x 57″H
Weight: 66.2 lbs.
Tablet/phone holder
Recumbent Bike
Magnetic Resistance
– – –
8 Resistance Levels
Grip Heart Monitor
6 Workout Programs
LCD Display
Maximum User Weight: 300 lbs.
1 year frame warranty
Weighted Flywheel
Padded Seat
Footstraps included
52″L x 22″W x 34″H
Weight: 63 lbs.
Recumbent Bike
Magnetic Resistance
– – –
24 Resistance Levels
Grip Heart Monitor
12 Workout Programs
LCD Display
Maximum User Weight: 300 lbs.
1 year frame warranty
Weighted Flywheel
Padded Seat
Footstraps included
58″L x 30″W x 41″H
Weight: 71 lbs.


Related Article: Best Rated Exercise Bikes under $1000 Dollars – Comparison and Reviews

Related Article: Best Rated Recumbent Exercise Bikes – Comparison and Reviews

Related Article: Best Rated Upright Stationary Exercise Bikes – Comparison and Reviews

Related Article: Smart-Review | Home Exercise Bike Buying Guide


Smart-Review | Top 5 Best Rated Exercise Bikes under $500 Dollars:

  1. Schwinn 170 Upright Exercise Bike
  2. Schwinn 230 Recumbent Exercise Bike
  3. Nautilus U616 Upright Exercise Bike
  4. Nautilus R614 Recumbent Exercise Bike
  5. Sunny Health & Fitness Cycling Bike

Glossary of Terms

Maximum User Weight = Each upright exercise bike, depending on its construction has a maximum user weight limit. More expensive bikes generally can handle more weight. So if the limit is 300 lbs, and you are over 300 lbs., you should not buy this exercise bike, but look for one with a higher weight limit. If you weigh substantially less than the weight limit, this will put less strain on the machine and parts.
Magnetic Brake Resistance = Most Exercise Bikes use magnetic resistance which offers resistance through magnetic fields. One type of magnetic resistance is ECB (described below). Magnetic resistance is more maintainance free than those older technologies that relied on friction pads and belts. Magnetic resistance braking is smoother to use is quieter than other types of resistance mechanisms.
ECB Resistance = ECB Resistance is a high quality form of magnetic brake resistance, the best type. ECB = eddy current brake.
Magnetic Resistance Levels = You can adjust the level of magnetic resistance to adjust the intensity of your workout. The more levels of resistance, the more choices you have in how hard a workout that you can select for your Recumbent Bike.
Heart Monitor = Most exercise bikes have a heart grip monitor which allows you to monitor your heart rate to meet heart rate goals for cardiovascular fitness. Grip monitors are built into the handlebars.
Workout Programs = Almost all exercise bikes have a small computer and display where you can run multiple workout programs that vary the resistance. However most indoor cycle type bikes do not have workout programs.
LED/LCD Display = The exercise bike will have a display to give you information (such as time, calorie burn, distance). They can be either LED lit, or use an LCD screen. Many bikes have LCD screens that are not backlit, as many run on batteries. If its says “BACKLIT LCD”, then it has a backlight illuminating the screen. LED displays are also illuminated screens.
Built-in Fan = Some exercise bikes have a built-in fan to cool you off during your workout.
Built-in Speakers = Some exercise bikes have built-in speakers, so you can plug in your ipod or other mp3 player and listen to music without having to wear earphones which could get tangled during your workout.
Flywheel Weight = The flywheel gives the exercise bike stability and smoothness while riding. The heavier the flywheel, the better. Some of the cheaper exercise bikes do not publish their flywheel weight. For these we simply put “Weighted Flywheel” in the description.
Indoor Cycling Bike = This type of bike is an upright indoor cycle designed to give you a true cycling experience by using extra heavy flywheels. They are the same type of bike used for cycling classes at major gyms.
Indoor Cycling Bike: Chain Vs. Belt = An indoor cycle type bike will have either a chain or a belt to drive the flywheel. The belt drive is considered superior as they are more durable, and require much less maintenance and are quieter in operation.
Bike Weight = As with the flywheel, the heavier the weight of the bike, the more stable it will be. This is especially true if you weigh a lot more than the machine you are on.