Looking for the best electric bike without emptying your wallet? You’ve come to the right place. Electric bikes are a fantastic way to enjoy cycling, whether you’re commuting, running errands, or just exploring your neighborhood. However, the cost of e-bikes can be a significant barrier. That’s why we’ve rigorously tested a range of models to bring you the Best Electric Bikes For The Money, proving you don’t need to spend a fortune to get a quality ride.
Many of the best electric bikes on the market can cost thousands of dollars. If you’re new to the world of e-bikes or simply budget-conscious, starting with a more affordable option makes perfect sense. We’ve put these budget-friendly e-bikes through their paces, evaluating comfort, adjustability, battery life, and uphill performance to ensure they offer real value.
After extensive testing, we believe the Ride1Up Turris stands out as the best electric bike for the money overall. Its comfortable design and powerful assist make every ride enjoyable. We were also particularly impressed with the Ride1Up Roadster V3, a feature-rich e-bike that comes in at under $1,300. But the options don’t stop there. Our curated list includes a variety of budget electric bikes tailored for different needs, from leisurely city rides to longer commutes and everything in between.
The Quick List
[Ride1Up Turris](best budget electric bike Ride1Up Turris)Best Overall
1. Ride1Up Turris
With a robust 750-Watt rear hub motor, this e-bike tackles hills effortlessly and delivers a remarkably comfortable riding experience, making it the best value electric bike in our test.
[Ride1Up Roadster V3](best budget commuter electric bike Ride1Up Roadster V3)Best for Commuters
2. Ride1Up Roadster v3
This sleek and lightweight e-bike boasts an understated design while providing a zippy and efficient ride for navigating city streets, ideal as a budget commuter e-bike.
[Wing Freedom 2](Wing Freedom 2 electric bike for comfortable riding)Best for Comfort
3. Wing Freedom 2
This comfortable electric bike includes hidden Apple FindMy integration and a built-in siren for security, offering peace of mind alongside a smooth ride.
[Propella 9S Pro V2](Propella 9S Pro V2 adjustable electric bike)Best Adjustable
4. Propella 9S Pro V2
Featuring adjustable handlebars, this model ensures a comfortable fit for various rider heights and includes impressive features for its affordable price point as an adjustable electric bike.
[Lectric XP 3.0](Lectric XP 3.0 folding budget electric bike)Best Folding
5. Lectric XP 3.0
Perfect for small spaces, this folding e-bike is versatile and robust, equipped with fat tires and a long-lasting battery for adventures anywhere, representing the best folding electric bike for the money.
[NIU Electric Bike BQi-C3 Pro NA-Black](NIU BQi-C3 Pro long distance electric bike)Best for Distance
6. NIU BQi-C3 Pro
With dual batteries, this budget e-bike offers an exceptional 90-mile range, making it ideal for long journeys, and stands out as the best long-distance budget electric bike.
The Best Budget Electric Bikes You Can Buy Today
At money-central.com, our mission is to help you make smart financial decisions. That’s why our expert team rigorously tests and reviews products to help you find the best value for your money. Our electric bike testing is no different. Find out more about how we test, analyze, and rate. (Using original link as reference).
Best Budget Electric Bike Overall
Ride1Up Turris parked outside against wall
(Image credit: Tom’s Guide)
1. Ride1Up Turris
An Inexpensive Electric Bike That Delivers Exceptional Performance
Our Expert Review:
Specifications
Battery: 48V, 12.8Ah Reention Prism, LG cells
Estimated Range: 25-45 miles
Max Assist Speed: 28mph
Motor: 750-watt, 48V Shengyi geared hub motor, 60Nm torque
Gearing: Shimano 7-speed, 11-32 cassette and 44T chainring
Weight: 55 pounds
Reasons to Buy
- Strong assist power for easy pedaling
- Excellent value for the price
- Comfortable riding experience
Reasons to Avoid
- Front suspension fork might be unnecessary
The Ride1Up Turris proves that a great e-bike doesn’t have to be expensive or overly complicated to be effective. This model impressed us with its powerful 750W motor, which performed beyond expectations in various riding conditions. The motor’s quick engagement when pedaling was particularly notable, although we observed a slight delay when using the throttle alone.
Beyond performance, the Turris boasts an appealing design, reliable mechanical disc brakes, and a user-friendly digital display. Practical features like a bright 60 Lux headlight, front and rear fenders, an adjustable kickstand, and wide 27.5 x 2.4-inch tires add to its overall value. While it lacks a taillight (consider our recommendations for the best bike lights), its other features more than compensate.
Assembly is required for the Turris, involving attaching the handlebars, front wheel, pedals, and adjusting the fenders. This might necessitate a visit to a local bike shop for some, which is a typical trade-off at this price point. We also felt the front suspension fork didn’t significantly enhance the ride quality.
However, for anyone seeking an affordable and reliable electric bike for urban commuting and general riding, the Ride1Up Turris should be at the top of your list. It offers a compelling combination of power, comfort, and features, making it the best electric bike for the money overall.
Best Budget Electric Bike for Commuters
Ride1Up Roadster V3 e-bike parked on grass in the sunshine
(Image credit: Dan Cavallari)
2. Ride1Up Roadster V3
The Ideal Budget Electric Bike for Daily Commutes
Our Expert Review:
Specifications
Battery: Samsung GB50, 10Ah, removable
Estimated Range: 20-40 miles
Max Assist Speed: 28mph
Motor: 500-watt Mivice hub motor, 50Nm torque
Gearing: 44T chainring
Weight: 39 pounds
Reasons to Buy
- Fast, fun, and responsive steering
- Solid and durable construction
- Analog bike appearance
- Torque sensor for smooth and intuitive assist
Reasons to Avoid
- Not optimized for carrying cargo
The Ride1Up Roadster V3 is the upgraded successor to the popular Roadster V2, a long-time favorite in the budget e-bike category. The V3 successfully builds upon its predecessor, offering enhanced performance and an even more enjoyable ride, solidifying its place as a top commuter electric bike for the money.
While slightly heavier than the V2 (39 lbs vs. 33 lbs), the V3 achieves a higher assisted top speed (28 mph vs. 24 mph) and extended battery range (40 miles vs. 30 miles). The $200 price increase is justified by these significant performance improvements.
Like the V2, the Roadster V3 excels as a commuting e-bike. Its design closely resembles traditional commuter bikes commonly seen in urban environments, offering a blend of stealth and functionality.
The bike’s precise handling allows for easy maneuvering in tight spaces, and the motor provides rapid acceleration, complemented by a pedal-based torque sensor that intelligently adjusts assist levels based on pedaling input.
The versatile 45mm tires perform well on various surfaces, including roads, sidewalks, and light trails. We even tested hill starts on steep inclines and found the bike performed admirably. However, battery performance was a notable drawback in our tests.
Despite a rated range of up to 40 miles, we observed a significant 80% battery drain after just five miles at high assist levels, falling short of the advertised minimum range of 20 miles. Potential buyers should consider this discrepancy, especially for longer commutes.
If you’re drawn to the Ride1Up Roadster V3’s features but desire more gear options, the Propella 9S Pro is a comparable alternative with a similar price point, commuter-style aesthetics, and a nine-speed drivetrain. However, it has a lower top speed of 20mph compared to the Roadster V3’s 28mph. Ultimately, the Ride1Up Roadster V3 remains a top pick for the best commuter electric bike for the money thanks to its blend of speed, style, and value.
Best Budget Electric Bike for Comfort
Wing Freedom 2 sitting outside at park
(Image credit: Tom’s Guide)
3. Wing Freedom 2
A Stylish and Comfortable Ride with Added Anti-Theft Features
Our Expert Review:
Specifications
Battery: Panasonic 8.8/10.4/14aH
Estimated Range: 35-60 miles (depending on battery option)
Max Assisted Speed: 20 mph
Motor: 36V/550W Bafang rear hub motor
Gearing: 7-speed Shimano Tourney
Weight: 39 pounds
Reasons to Buy
- Removable battery for convenient charging
- Exceptionally comfortable ride quality
- Appealing and modern design
Reasons to Avoid
- Pedal assist and throttle response can be slightly delayed
- Basic display
While not a VanMoof, the Wing Freedom 2 shares a striking resemblance to the now-discontinued, higher-priced e-bike, making it an attractive and more affordable alternative for those seeking style and comfort in a budget electric bike.
The frame design, featuring a long vertical tube that conceals internal wiring, echoes VanMoof’s aesthetic. However, unlike VanMoof, the Wing Freedom 2 offers a practical removable battery, enhancing convenience for charging.
The integrated LCD display provides essential information such as speed, assist level, and battery life, though it is less feature-rich and vibrant compared to premium models. To maintain affordability, the bike utilizes a cadence sensor instead of a torque sensor.
This results in a slightly slower pedal-assist engagement, with a brief delay of a second or two. While still providing a comfortable ride, this characteristic makes it less ideal for tackling very steep hills, similar to the Ride1Up Roadster V2. However, during our tests in Manhattan and Central Park, the Wing Freedom 2 performed admirably, handling city streets and moderate hills with ease. For riders prioritizing comfort and style at an accessible price, the Wing Freedom 2 is a top contender for the best comfortable budget electric bike.
Best Adjustable Budget Electric Bike
Propella 9S Pro V2 parked outside
(Image credit: Tom’s Guide)
4. Propella 9S Pro
A Versatile and Affordable E-Bike Designed to Fit a Wide Range of Riders
Our Expert Review:
Specifications
Battery: 36V, 350Wh LG Li-Ion, UL-certified, removable
Estimated Range: 55 miles (max)
Max Assist Speed: 20 mph
Motor: MIVICE 350 Watt (500 watt peak) rear hub motor, 40NM torque
Gearing: 9-speed shimano
Weight: 43.5 pounds
Reasons to Buy
- Torque sensor for natural and smooth pedal-assist
- High-quality hydraulic brakes
- Includes fenders and lights
- Integrated battery design
Reasons to Avoid
- Can feel cramped, especially for taller riders
- No throttle
While taller riders might find the Propella 9S Pro slightly compact, its standout feature is the adjustable handlebars, making it exceptionally adaptable for riders of varying heights. Available in both step-over and step-through frame styles, the Propella 9S Pro prioritizes rider fit and comfort, making it the best adjustable budget electric bike.
Beyond adjustability, the 9S Pro V2 offers a functional and enjoyable riding experience. Significant upgrades from the previous model include a torque sensor and a refined motor, resulting in quicker and more responsive pedal assist. It also provides ample power for tackling hills, although a throttle would be a welcome addition for some riders. A notable improvement is the integration of the removable battery into the frame, enhancing the bike’s aesthetics and eliminating the rattle issue present in the original model.
Like its predecessor, the 9S Pro V2 includes a headlight (but lacks a taillight) and integrated fenders for wet-weather riding. Impressively, it also features hydraulic disc brakes, a premium component rarely found at this price point, further enhancing its value proposition. For riders seeking an adjustable, well-equipped, and budget-friendly e-bike, the Propella 9S Pro V2 is an excellent choice.
Best Budget Folding Electric Bike
Lectric xp 3.0
(Image credit: Future)
5. Lectric XP 3.0
The Top Budget-Friendly Folding Electric Bike
Our Expert Review:
Specifications
Battery: Lithium-Ion 48V, 9.6ah
Max Estimated Range: 45+ miles
Max Assisted Speed: 20 mph (class 2); 28 mph (class 3, via display change)
Motor: 500W (1000W+ peak) brushless geared rear hub, 5 pedal-assist levels; class 2 and 3 capabilities
Gearing: 7-speed Shimano
Weight: 64 pounds
Reasons to Buy
- Powerful motor with quick engagement
- Fun and comfortable riding experience
- Wide range of accessory options
Reasons to Avoid
- Suspension fork is unnecessary and somewhat clunky
- Folding and unfolding process could be smoother
Best foldable electric bikes are ideal for those with limited storage space or needing to transport their e-bike on public transit. However, premium folding e-bikes from brands like Brompton and GoCycle often exceed $3,000, making them inaccessible for many budget-conscious buyers.
The Lectric XP 3.0 provides a cost-effective solution. Starting at around $1,000, this folding model includes a suspension fork (which we found somewhat redundant), wide 3-inch tires, numerous mounts for accessories, front and rear lights, and hydraulic disc brakes. It delivered a delightful ride, particularly when using the throttle, and its impressive range ensures longer rides between charges. As the best budget folding electric bike, it balances features and affordability effectively.
The primary drawback is its substantial 64-pound weight, significantly heavier than other folding e-bikes, potentially making it cumbersome to carry up stairs. The folding mechanism could also be more refined. While a 5’11” rider found the size comfortable, a taller 6’5″ rider felt slightly cramped. Despite these minor issues, the Lectric XP 3.0 offers a fun and practical folding e-bike experience at an unbeatable price.
Best Budget Electric Bike for Long Distances
NIU BQi-C3 Pro E-bike
(Image credit: Tom’s Guide)
6. NIU BQi-C3 Pro
The Premier Budget Electric Bike for Extended Rides
Our Expert Review:
Specifications
Battery: Two 48V, 20Ah removable batteries
Max Estimated Range: 90 miles
Max Assisted Speed: 20 mph
Motor: 500W (750W max) rear hub motor, 45Nm torque
Gearing: N/A
Weight: 70.5 pounds
Reasons to Buy
- Powerful motor performance
- Dual batteries for exceptional range
- Deep step-through frame suitable for various rider heights
Reasons to Avoid
- Drivetrain could benefit from more gears
- Heavy compared to other bikes in its category
Range limitations are a common compromise with many electric bikes, regardless of price. The NIU BQi-C3 Pro addresses range anxiety head-on with its dual-battery system, providing up to 90 miles of riding range on a single charge. Our testing confirmed this impressive claim, making it the best budget electric bike for long distances.
Beyond its exceptional endurance, the BQi-C3 Pro offers numerous appealing features for its price. It includes a low-maintenance and durable carbon belt drive, mechanical disc brakes, integrated front and rear lights, and a built-in rear rack. The step-through frame design ensures easy mounting and dismounting for riders of different heights.
The bike’s main drawback is its weight – 70.5 pounds, primarily due to the dual batteries. However, the 500W motor’s pedal assist is more than capable of handling the weight and providing ample power.
While the NIU BQi-C3 Pro has a regular price of $2,199, it is frequently discounted, sometimes dropping as low as $1,299. We recommend monitoring for sales to maximize your value when purchasing this outstanding long-range budget e-bike.
Also Tested
If our top picks don’t perfectly match your needs, we’ve tested numerous other budget electric bikes that are still worth considering. Here are a couple more options that offer great value.
Swytch Go: If you already own a traditional bicycle, the Swytch Go kit offers an economical way to convert it into an e-bike for as little as $349. While it may not match the performance of a dedicated e-bike, it’s an excellent and affordable solution for adding electric assist to your current ride. Read our full Swytch Go review
Swytch Go: Convert your existing bike to electric with this kit starting from $349. It’s a budget-friendly way to experience electric assist without buying a new e-bike.
Read our full review: Swytch Go review
How to Choose the Best Electric Bike for Your Money
When searching for a budget-friendly electric bike, typically priced under $1,500, it’s important to understand the trade-offs compared to higher-end models. However, you can still find excellent value by focusing on key features and understanding your needs.
One of the most critical components is the motor. E-bikes utilize either cadence sensors or torque sensors to detect pedaling and engage the motor assist. Cadence sensors, which activate the motor when the pedals rotate, are more common in budget e-bikes due to their lower cost. However, they are less responsive than torque sensors.
Torque sensors measure the force applied to the pedals, providing a more intuitive and immediate motor response. While less common in budget models, torque sensors offer a more refined and efficient riding experience. With cadence sensors, you may notice a slight delay between pedaling and motor engagement. If you frequently ride in hilly areas, consider the gearing. Single-speed budget e-bikes can be challenging for hill starts and steep inclines.
If purchasing online, thoroughly research build quality by reading reviews, including our expert assessments. Whenever possible, test ride the bike at a showroom to assess its feel and construction firsthand.
Budget e-bikes often omit integrated lights to reduce costs. If you plan to ride in low-light conditions, prioritize visibility by investing in high-quality best bike lights. Factor in the cost of accessories when comparing overall value.
How We Test Electric Bikes
Our testing methodology for budget electric bikes mirrors our rigorous process for all e-bikes. We conduct comprehensive real-world testing, focusing on ride quality and performance. Comfort is paramount, so we evaluate the seat, handlebars, grips, riding posture, and ease of adjustability.
Assembly is often required for budget e-bikes. We assess the assembly process, noting the clarity of instructions, time required, and ease of component attachment.
While budget e-bikes may not match the peak performance of premium models, they should still deliver an enjoyable and effective riding experience. We test hill-climbing ability to gauge motor assist effectiveness and responsiveness. Motor engagement speed upon pedaling is crucial, as slower engagement can hinder uphill starts.
Battery performance is rigorously tested in various riding conditions, using pedal assist and throttle (if available) to determine battery drain rates and range.
Finally, we consider included features such as displays, integrated lights, and brake types, factoring these into our overall value assessment and ratings. Our goal is to provide you with reliable recommendations for the best electric bikes for the money.
FAQs
What is the difference between an e-bike and an electric bike?
“Electric bike” and “e-bike” are interchangeable terms referring to a bicycle powered by an electric motor and battery. The terms are synonymous and used to describe the same type of electrically assisted bicycle.
Electric bikes have gained popularity due to their ability to reduce cycling effort, particularly on hills and inclines. This makes them a practical transportation option for commuting or errands without strenuous exertion.
E-bikes are generally more expensive than traditional bicycles due to the added motor and battery. However, the long-term cost benefits, such as reduced commuting expenses and health benefits, can make them a worthwhile investment. The term “e-bike” emerged as a shortened, more casual term for “electric bike” as they became increasingly mainstream.
Why are some e-bikes more expensive than others?
E-bike pricing varies based on component quality, motor power, battery capacity, and features. Generally, higher prices correlate with better components and performance, but excellent value can still be found in budget-friendly options.
The motor and battery are primary cost drivers in e-bikes. More powerful motors and larger batteries increase the price. However, for riders with less demanding needs, such as flat urban commutes, less powerful motors and smaller batteries can suffice, resulting in more affordable options.
Materials also influence cost. While steel is less expensive, lighter materials like aluminum and carbon fiber are preferred in higher-end e-bikes for their strength-to-weight ratio, but they increase the overall price. Carbon fiber, the lightest and strongest, is the most expensive.
Additional features like integrated displays, smartphone app connectivity, and premium components also contribute to higher e-bike costs. Budget e-bikes often prioritize essential functionality to maintain affordability.
Do e-bikes save you money?
E-bikes can potentially save you money in the long run, depending on your transportation habits and usage. While the initial purchase price of an e-bike is typically higher than a standard bicycle, the potential for savings exists in several areas.
If you replace car commutes or trips with an e-bike, you can reduce fuel costs, parking fees, and vehicle maintenance expenses. E-bikes are significantly more energy-efficient than cars, whether electric or gasoline-powered, leading to lower running costs.
The extent of savings depends on factors like commuting distance, frequency of use, and the cost of fuel or electricity in your area. For individuals who frequently drive short to medium distances, switching to an e-bike can result in substantial savings over time.
While e-bikes require electricity for charging, the cost is minimal compared to gasoline. The long-term financial benefits, combined with health and environmental advantages, make e-bikes a cost-effective transportation alternative for many.
Do you get exercise with an electric bike?
Yes, you do get exercise with an electric bike, although typically less intense than with a traditional bicycle. E-bikes provide motor assistance while you pedal, reducing the overall effort required for cycling.
The level of exercise depends on the assist level you choose. Lower assist levels require more pedaling effort, providing a more significant workout. Even at higher assist levels, you are still engaging your muscles and cardiovascular system to some extent.
E-bikes are excellent for incorporating more physical activity into your daily routine without high exertion. They make cycling accessible to a wider range of individuals, including those with fitness limitations or who need to travel longer distances or up hills.
Using an e-bike for commuting or leisure rides still provides health benefits by increasing movement, promoting cardiovascular health, and improving overall well-being. While not a replacement for intense workouts, e-bikes offer a valuable way to stay active and enjoy the outdoors.