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Best Cheap Exercise Bikes of 2024

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Last Updated: April 25. 2024

If you’re looking for a cheap exercise bike, you’ve landed on the right page. Here at Treadmill Review Guru, we have tested all kinds of exercise bikes that range in price and quality. With our experience, we know what to look out for when shopping for an exercise bike. So, if you’re on a budget but still want a great buy, then check out our list below. We’ve compiled this list of quality exercise bikes that perform well and are all under $1000.

We’ll give you a quick overview of each bike and lay out what to look for when buying the best cheap exercise bike for you.

Why You Should Trust Us

We know that buying an exercise bike is an investment that you want to get a lot of use out of and one that you want to last. In our testing, we’ve found that you can find high-quality exercise bikes without breaking the bank. One aspect you will notice missing from this list of bikes is large, attached touch screens.

Often, exercise bikes with touch screens cost more than ones that don’t. In order to stay below the $1000 mark, we’ve only included options that require using your own phone/tablet to view content. Studio fitness lovers don’t be deterred though, many of these bikes have Bluetooth connectivity and fitness app content to stream if you desire.

Here Are The Best Cheap Exercise Bikes of 2024

Honorable Mention

  • Yosuda Indoor Cycling Bike
  • Best Cheap Exercise Bikes of 2024 – Our Experts’ Top Picks

    Here is our full list of best cheap exercise bikes of 2024 by our team of experts.

    1. Schwinn IC4 Indoor Cycling Bike

    Schwinn IC4 Indoor Cycling Bike

    Coming in at a close second on this list is the Schwinn IC4 Indoor Cycling Bike. No, you’re not seeing double. The Schwinn IC4 has a lot of similarities to the BowFlex C6 because both of the brands share the same parent company: Nautilus. We’re so impressed with the quality of this bike that it’s landed on this list twice! They do have some differences though.

    The Schwinn IC4 features white lettering, a black flywheel, and a grey frame with red accents. This gives a sporty look, while the C6 has a little more of a sleek look, being primarily black. The Schwinn IC4 also comes with a year subscription to JRNY and is compatible through Bluetooth to connect to other subscription apps. The console is backlit so you can see your metrics even in low lighting. It also comes with 3 lb weights for upper body training to mix up your workouts.

    Even though the bike is 106 lbs, it has a 40 lb flywheel which makes it feel really stable to use. This paired with the 330 max weight capacity and a 10-year warranty for the frame from Schwinn, the IC4 is a quality exercise bike. The two-way adjustable seat and handlebars, make it comfortable to use, too.

    Check out our full review, here.

    Pros

    • It provides a stable, smooth, and quiet ride.
    • The console displays your workout metrics and also connects to the included heart rate band as well as to apps like JRNY, Peloton, TrainerRoad, and more.
    • It has two large cupholders that are sturdy and accessible while riding.
    • It has hybrid pedals to be used with SPD clips or any type of athletic shoe in the toe cages.

    Cons

    • The console screen is smaller than bikes with touchscreens.
    • The tablet holder cannot be pivoted or adjusted.

    FeaturesSpecifications

    • LCD Backlit Screen
    • Bluetooth Enabled Console
    • 1-Year of the JRNY Membership Included
    • Included 3 lb Dumbbells
    • 2 Water Bottle Holders
    • Tablet Holder to hold phone/tablet
    • Included Heart Rate Arm Band
    • Footprint: 48.7” L x 21.2” W x 51.8” H
    • Steel frame with front and rear stabilizers
    • Weight capacity: 330 lbs
    • Flywheel: 40 lbs
    • Hybrid pedals with SPD clips and toe cages
    • Adjustable seat
    • Four adjustment points
    • Multi-grip handlebars
    • Silent magnetic resistance
    • Warranty: 10-year for the frame, 3-year for parts and electronics, and a 1-year for labor

    The Schwinn IC4 Indoor Cycling Bike has an impressive construction and we like that it can handle a wide variety of users in both size and ability. It’s the perfect bike to hop on and ride or place your device on the tablet holder to follow along with an instructor. As you pedal against the quiet magnetic resistance, you’ll be able to track your speed, RPMs, estimate calories, wattage, and more.

    2. Sole SB900 Exercise Bike

    Sole SB900 Exercise Bike

    The Sole SB900 Exercise Bike is a heavy-duty bike that doesn’t require wifi or an electrical outlet to use. In our experience with testing equipment from Sole, we’ve come accustomed to their solidly designed machines, and the SB900 is no different. The steel stabilizers have adjustable leveling feet to prevent any rocking and can support up to 300 lbs. Sole also backs the durable frame with a lifetime warranty.

    We also really like the 48 lb flywheel on this bike. This heavy flywheel ensures a smooth, fluid pedal stroke. You won’t experience any jerkiness or unevenness when you pedal. The pedals offer two ways of riding, too. You can clip in with your SPD cleats, or wear athletic shoes that will maintain securely strapped into the toe cages. This makes the SB900 more accessible to a wider range of users.

    A big perk that we enjoy about the Sole SB900 is that it doesn’t require a subscription to use. The LCD console is basic and displays your metrics so if you prefer a lower-tech ride, you can just hop on and pedal. Of course, if you do want to take studio trainer-led classes Sole offers the STUDIO app free for the first month so you can use it on your device when it’s placed on the integrated tablet holder.

    Here you’ll find our full written review of the Sole SB900 to learn more.

    Pros

    • It has a solid steel construction that uses a belt drive system and quiet magnetic resistance.
    • The heavy 48 lb flywheel creates a smooth pedal stroke.
    • It has 4 adjustment points to find the right bike fit for you.
    • It has front transportation wheels for easy moving when needed.

    Cons

    • The resistance isn’t digitally measured.
    • The screen is small and might be hard for some users to see.

    FeaturesSpecifications

    • Bright, Backlit 3” x 4” LCD Screen
    • 30-Day STUDIO Membership Included
    • Integrated Tablet Holder
    • Water Bottle Holder
    • Heart Rate Chest Strap Compatible
    • Footprint: 40” L x 21” W x 42” H
    • Steel frame with front and rear stabilizers
    • Weight capacity: 300 lbs
    • Bike weight: 160 lbs
    • Flywheel: 48 lbs
    • Hybrid pedals with SPD clips and toe cages
    • Adjustable seat
    • Adjustable handlebars
    • Eddy Current magnetic resistance
    • Warranty: lifetime for the frame, 3-year for electronics and parts, and a 1-year for labor

    Whether you’re looking for a well-built bike to use without much tech, or if you want some entertainment choices, the Sole SB900 has the capability to work for you. It’s hearty, yet quiet and easy to use. Plus, the lifetime warranty speaks to the high level of quality that you’ll get with this affordable bike.

    3. Sole SB700 Exercise Bike

    Sole SB700 Exercise Bike

    Another solid option from Sole Fitness is the SB700 Exercise Bike. It’s a little cheaper than the SB900, but it shares a lot of impressive similarities. It’s also backed by a lifetime frame warranty and can support up to 300 lbs. The SB700 also has a 48 lb flywheel, so it feels incredibly smooth and stable to ride.

    We’ve found it to be quiet to use even though it uses friction resistance which can be adjusted by using the knob. The LCD console displays your RPMs, distance, time, and estimated calories. Your heart rate will be shown as well with the compatible chest strap. Plus, you don’t need wifi or an electrical outlet to use the SB700. The console turns on when you start pedaling.
    If you love to just hop on and ride, this bike is a great choice. It also comes with an integrated tablet holder for you to use with your own device to stream from apps like STUDIO and Peloton.

    Most users will find a perfect bike fit on the Sole SB700 because of its 4 adjustment points. It weighs 141 lbs and has front wheels so it can be moved around pretty easily. There are also adjustable leveling feet to prevent the SB700 from rocking while in use.

    Check out our full review of the Sole SB700 Exercise Bike, here.

    Pros

    • The LCD screen is backlit and comes with an integrated tablet holder for you to stream from third-party apps.
    • Its steel frame is backed by a lifetime warranty which speaks to the overall build quality of the bike.
    • The transportation wheels make it easy to move around when it’s not in use.
    • The toe cages let you ride with any type of athletic shoe.

    Cons

    • The LCD screen is small and might be hard for some users to see.
    • The resistance is created with a felt brake pad, rather than magnetic.

    FeaturesSpecifications

    • Bright, Backlit 3” x 4” LCD Screen
    • 30-Day STUDIO Membership Included
    • Integrated Tablet Holder
    • Water Bottle Holder
    • Heart Rate Chest Strap Compatible
    Construction

    • Footprint: 40” L x 21” W x 42” H
    • Steel frame with front and rear stabilizers
    • Weight capacity: 300 lbs
    • Bike weight: 141 lbs
    • Flywheel: 48 lbs
    • Pedals with toe cages
    • Adjustable seat
    • Adjustable handlebars
    • Felt pad brake resistance
    • Warranty: lifetime for the frame, 3-year for electronics and parts, and a 1-year for labor

    If you’re looking for a quality exercise bike that has solid construction and an affordable price, then we suggest checking out the Sole SB700 Exercise Bike. This bike is ideal for home use and can accommodate a wide variety of users.

    4. Diamondback Fitness 1260sc Exercise Bike

    Diamondback Fitness 1260sc Exercise Bike
    The Diamondback Fitness 1260sc Exercise Bike is an affordable, hearty exercise bike. The heavy, 31 lb flywheel is rear-mounted. This heavy flywheel makes the bike feel very sturdy and stable to ride. The placement of the flywheel also makes the bike less prone to corrosion because it won’t be dripped with sweat and water while you ride. The overall design is also comfortable. The saddle is nicely padded and surprisingly comfortable, especially considering seats on exercise bikes normally aren’t. The handles are also lightly padded and offer many grip options.

    The 1260sc doesn’t require electricity or a subscription to use. It’s really great for just hopping on and logging miles. The battery-powered console utilizes watt training. The console displays your workout metrics and allows you to preset custom goals for distance, time, and estimated calories. It also lets you select a specific watt level to hit during your ride. As you pedal, arrows next to the resistance and RPMs will display to indicate whether you need to increase or decrease these metrics in order to hit your target watt goal.

    The console also has Bluetooth connectivity to connect to apps like Zwift. Plus, with the device holder, you can stream content from your phone or tablet while you ride. The Diamondback Fitness 1260sc uses magnetic resistance and offers 16 levels of resistance. This range is small but the tension offered is great and will provide plenty of challenge to riders of all levels. Users of a wide range of heights and up to 300 lbs of weight should get a lot of use out of this bike.

    Learn more about the Diamondback Fitness 1260sc Exercise Bike at our review.

    Pros

    • The bike doesn’t require electricity or a subscription to use but utilizes target-watt training.
    • The construction is solid and it is comfortable to ride.
    • The rear flywheel is heavy, less prone to damage overtime, and provides a smooth pedal stroke.
    • The hybrid pedals allow riders to wear cycling shoes or tennis shoes.

    Cons

    • The bike makes a small amount of noise when pedaling.
    • There aren’t any onboard workouts built into the console.

    FeaturesSpecifications

    • Digital Console with Watt Output Technology
    • Bluetooth Connectivity
    • Tablet Holder
    • Doesn’t Require Electricity
    • Easy Lift Transport Wheels and Handle
    • Footprint: 59” L x 23” W x 50” H
    • Weight capacity: 300 lbs
    • Bike weight: 147 lbs
    • Flywheel: 31 lbs (Rear-mounted)
    • Hybrid pedals with toe cages and SPD cleats
    • Four Way Adjustability
    • Magnetic resistance with 16 levels
    • Warranty:3-years for parts, and 1-year for labor

    The Diamondback Fitness 1260sc is a great cheap exercise bike. It has impressive construction and is comfortable to ride. You can use it anywhere because it doesn’t require a plug, but is compatible to use with certain apps or stream whatever you want from your device by placing it on the device holder.

    5. Xterra MB550 Indoor Cycle

    Xterra MB550 Indoor Cycle
    If you’re looking for a straightforward bike, then check out the Xterra MB550 Indoor Cycle. It’s best for users wanting to just ride, although you could park it in front of your TV if you want some entertainment. We like that this bike has a simple, yet functional LCD console which features a stopwatch and timer. It also displays your speed, distance, and estimated calories.

    The MB550 Indoor Cycle has a hefty 48.5 lb flywheel that uses a felt pad brake for resistance. When riding, you’ll be able to adjust the friction resistance by turning the brake knob below the handlebars. You’ll feel when the tension is added and taken away when you pedal, rather than see a level shown on the screen. This kind of riding can help encourage you to focus on your rate of perceived exertion rather than a number on the screen.

    The Xterra MB550 has a sleek look while being lightweight at 107 lbs. It has transportation wheels so it’s portable, too.

    Pros

    • Xterra offers a lifetime warranty for the frame, backing up its durability and solid construction.
    • The bike can work for numerous users with its adjustable pedals, seat, and handlebars.
    • It has an impressive 48.5 lb flywheel to encourage a smooth, consistent pedal stroke.
    • The console will keep track of your current speed, average speed, and max speed during your ride.

    Cons

    • The 1.5” display is very small and might be hard for users with low visibility to see.
    • The 250 lb weight capacity might be limiting for some users.

    FeaturesSpecifications

    • 1.5” LCD Display
    • Console Features A Stopwatch, Timer, and Clock
    • Keeps Track Of Calories, Current Speed, Average Speed, Maximum Speed, and Distance
    • Water Bottle Holder
    • Steel frame with front and rear stabilizers
    • Weight capacity: 250 lbs
    • Bike weight: 107 lbs
    • Flywheel: 48.51 lbs
    • Pedals with toe cages
    • Adjustable seat and handlebars
    • Felt pad push brake resistance
    • Warranty: lifetime for frame, 1-year for brake, parts, and home labor

    We recommend the Xterra MB550 Indoor Cycle if you want a simple, hearty bike that doesn’t require electricity or a subscription to use. If you don’t want to be distracted by a screen while you ride, this is a solid option. You’ll get trackable workout metrics shown on the screen, and plenty of adjustabilities to find the best bike fit on the MB550.

    6.Schwinn IC3 Indoor Cycling Bike

    Schwinn IC3 Indoor Cycling Bike
    Another solid contender from Schwinn is the IC3 Indoor Cycling Bike. It has a heavy 40 lb flywheel to handle cyclists of all levels. It also has a steel frame designed to support up to 300 lbs while weighing just 100 lbs itself. The racing saddle and multi-grip handles offer comfortability, too.

    We like the battery-powered LCD console that doesn’t require electricity, wifi, or a subscription. It’s simple yet displays your heart rate, time, distance, RPMs, and calories. As you’re pedaling, you can simply reach down and turn the resistance knob and you’ll feel the resistance add on or lessen up depending on which way you turn the knob.

    Your water bottle will be secured in the large holder above the console. You can also place your device behind the clips at the front of the water bottle holder if you want to stream content while you ride.

    Pros

    • The heavy 40 lb flywheel uses a belt drive for a smooth pedal stroke.
    • The hybrid pedals let you ride based on your preference.
    • It has a large 300 lb weight capacity to handle larger users.
    • It’s lightweight at 100 lbs and has front wheels for transporting.

    Cons

    • The friction resistance uses felt pads that might break down after some use.
    • The resistance level isn’t displayed on the console.

    FeaturesSpecifications

    • LCD Console
    • Integrated Multi-Media Device Holder
    • Over-Sized Water Bottle Holder
    • 5kHz Wireless Heart Rate Strap Sold Separately
    • Footprint: 45” L x 23” W x 49” H
    • Steel frame with front and rear stabilizers
    • Weight capacity: 300 lbs
    • Bike weight: 100 lbs
    • Flywheel: 40 lbs
    • Hybrid pedals with toe cages and SPD cleats
    • Adjustable seat and handlebars
    • Felt-pad friction resistance
    • Warranty: 5-years for the frame, 2-years for mechanical and electrical parts, and 1-year for labor

    We suggest checking out the Schwinn IC3 Indoor Cycling Bike if you want an affordable, straightforward bike. It has 4 adjustment points and a large weight capacity to handle a wide variety of sized users, too.

    7. Sunny Health & Fitness Magnetic Indoor Cycling Bike

    Sunny Health & Fitness Magnetic Indoor Cycling Bike
    The Sunny Health & Fitness Magnetic Indoor Cycling Bike has an impressively large 44 lb flywheel, considering this bike’s price point. This heavy flywheel helps to create a smooth, consistent pedal stroke. The Sunny Health & Fitness Exercise Bike also uses magnetic resistance and a belt-drive, to encourage a quiet workout experience.

    You’ll be able to secure it to the floor with the stabilizers and leveling feet, yet move it around with the 2 front wheels when needed. It weighs 126 lbs but has a capacity of up to 300 lbs. The toe cages on the pedals work with any type of athletic shoe.

    This bike doesn’t have a console to track your metrics, so if you want a really low-tech bike, this one is a nice option. It does have a device holder to use your phone or tablet. You could place it in front of a TV to be able to watch something while you ride, too.

    Pros

    • The 44 lb flywheel is hearty and impressive on this affordable bike.
    • The magnetic resistance is quiet and requires little to no maintenance.
    • The handlebars offer different areas for you to place your hands while riding.
    • This bike is perfect for users wanting a no-tech riding experience.

    Cons

    • You have to pay extra to get a console with the bike in order to track your workout metrics.
    • The device holder isn’t adjustable.

    FeaturesSpecifications

    • Device Holder
    • Performance Monitor Only Sold With Advanced Model
    • Water Bottle Holder
    • Footprint: 48” L x 23” W x 45” H
    • Alloy steel frame with front and rear stabilizers
    • Weight capacity: 300 lbs
    • Bike weight: 126 lbs
    • Flywheel: 44 lbs
    • Pedals with toe cages
    • Adjustable seat and handlebars
    • Magnetic Resistance
    • Warranty: 2-year protection sold separately

    If you find that seeing your speed, resistance level, or even workout time adds unwanted pressure or is a burden while your riding, then we recommend the Sunny Health & Fitness Exercise Bike. It comes out at an affordable price and uses magnetic resistance for a smoother stroke.


    Honorable Mention: Yosuda Indoor Cycling Bike

    Yosuda Indoor Cycling Bike
    The Yosuda Indoor Cycling Bike is the most affordable bike on this list. We like that even though it is very affordable, it still has a 35 lb flywheel, steel frame, and can handle up to 270 lbs. This heavy flywheel adds stability to the bike and makes the pedal stroke feel fluid rather than uneven and jerky.

    The console is centered in between the handlebars to show a small screen that you can switch between which workout metrics are displayed. Below the console is a conveniently placed device holder so you can stream a cycling class or watch a show. You can have your choice of resistance on this bike between friction resistance and magnetic resistance. You just have to pay slightly more for magnetic resistance.

    Pros

    • The 270 lb weight limit and 35 lb flywheel make for a stable ride.
    • The device holder lets you watch whatever content you want.
    • The console displays your time, speed, distance, calories, and odometer.
    • It comes with one year of free parts replacement.

    Cons

    • The resistance level isn’t displayed on the console.
    • The LCD console might be hard for some users to see.

    FeaturesSpecifications

    • LCD Monitor
    • Device Holder
    • Water Bottle Holder
    • Footprint: 40.16” L x 21.65” W x 46.06” H
    • Alloy steel frame with front and rear stabilizers
    • Weight capacity: 270 lbs
    • Bike weight: 73 lbs
    • Flywheel: 35 lbs
    • Pedals with toe cages
    • Adjustable seat and handlebars
    • Friction Resistance (Magnetic Resistance at a higher price)
    • Warranty: 1-year free parts replacement. 2-year protection is sold separately

    If you’re on a tight budget but still want an exercise bike to use in the comfort of your home, then check out the Yosuda Indoor Cycling Bike. It has some nice features and build quality at a very affordable price.


    What To Look For When Buying A Cheap Exercise Bike

    In our testing of countless exercise bikes, we’ve found that affordable options tend to be priced at $1000 and under. Unlike cheap treadmills, we’ve seen that there are quality exercise bikes priced even under $500. There are some things to look out for though to be sure you pick a quality bike. Now, let’s jump into what those factors are.

    Flywheel

    The weight of the flywheel can be an indication of how stable and smooth the exercise bike is to use. For affordable bikes under $1000, we recommend getting one with a heavy flywheel over 15-20 lbs. As you can see on our list above, we have some recommendations with 40+ lb flywheels. Heavy flywheels are weighted to generate momentum as you pedal to maintain a smooth stroke. This way, the pedal motion doesn’t feel uneven or jerky.

    Lightweight flywheels (under 10 lbs) can have very smooth strokes as well, as long as the bike is engineered for it. Usually, quality exercise bikes with light flywheels are priced over $1000. So, if you find one for a couple of hundred bucks, just know it probably won’t generate a smooth pedal stroke and quality riding experience.

    Resistance Type

    The two main types of resistance found on exercise bikes is magnetic resistance and friction resistance. Magnetic resistance is typically preferred and considered best because it is known to be quiet and to place less wear on the flywheel. Magnetic resistance uses magnets against the metal flywheel. It also can require less maintenance and is easier to calibrate. That’s why on a lot of bikes that use magnetic resistance, you can see what resistance level you’re at while working out.

    Friction resistance uses fabric pads that are pushed against the flywheel to create tension. Over time, the pads will need replacing because they’ll break down. This type of resistance is harder to calibrate, so you won’t be able to see which resistance level you’re at. So, if you prefer to know what level of tension you are pedaling at out of a specific number, magnetic resistance is the better option for you. Magnetic resistance is known to have a longer lag time when the resistance is changed though.

    Friction resistance can give you more resistance options because you can add it on until you can no longer pedal, instead of having a maximum level. Friction resistance might be better for stronger cyclists. Friction resistance can sometimes generate a little bit more noise than magnetic resistance.

    Content Preference And Workout Metrics

    As mentioned above, we have yet to see a bike with a large attached touch screen for under $1000. There are some just over this price range though if a touch screen is important to you. As you’ve probably seen from our list of best cheap exercise bikes though, not having a screen can still give you plenty of content options.

    If you love subscription workout content, then we recommend making sure the bike you choose has a tablet holder. Some are adjustable for training on and off the bike. Most LCD consoles are battery-powered so they don’t require the internet or an electrical outlet to use. These kinds of consoles display your workout metrics like speed, distance, RPMs, estimated calories, time, and heart rate. Some are more limited in what they display than others though. If seeing your progress displayed on the screen is important to you, be sure to get a bike with a console and look into what metrics are shown.

    Frequently Asked Questions

    How long do exercise bikes last?

    Exercise bikes can last upwards of 10- 20 years. It all depends on if it is properly maintained and cared for, as well as the overall quality of the bike. It’s important to regularly check that the hardware is secure and tightened. Also, be sure to wipe away any sweat after each ride to help avoid rust. Higher-quality exercise bikes will most likely last longer than ones of lesser quality.

    Can I ride an exercise bike every day?

    We recommend taking at least one rest day a week from the exercise bike. The workout they provide is low impact so it’s friendlier on the joints than running. However, if you’re constantly doing strenuous rides on the bike, you can increase your chances of burnout, over-training, and even injuries. It’s important to give your body proper rest to avoid this.

    How long should I ride a stationary bike?

    The standard weekly recommendation for aerobic exercise is at least 150 minutes which can come out to about 20 minutes a day. If you’re a beginner, this might feel like a lot of time. If you’re an advanced cyclist this probably isn’t long at all. If you’re new to cycling and/or fitness, then take it slow and listen to your body. You might need to work up to 20-minute rides a few times a week. For more intermediate and advanced cyclists, you can ride for 30 minutes or more, depending on your fitness level.

    Is a cheap exercise bike worth it?

    We’ve tested cheap exercise bikes and found them to be of nice quality and performance. You can find solid exercise bikes for even just a few hundred dollars. As far as technology though, cheap exercise bikes usually don’t come with attached touch screens to stream content from.

    Why are stationary bikes so expensive?

    Stationary bikes can be expensive depending on their construction, technology, and brand. More expensive bikes usually include fitness content and an attached touch screen. These features cause the bike to cost more. A bike from a certain manufacturer might cost more than comparable bikes just because of the name of the brand, too.

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