5 Best Electric Bikes under $500: Take a Ride Without Breaking a Sweat (Summer 2022)

Powerful, fast, and lightweight models that will make your commute a breeze, all these are the best electric bikes under $500
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Last updatedLast updated: July 28, 2022
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Did you know that by riding only four miles on an electric bike, you can prevent up to 15 pounds of pollutants from entering the air? That’s right – electric bikes are not only great for keeping you active and fit but they also have a positive impact on the environment.
But finding an e-bike that won’t break the bank and is considerably lightweight can be tricky. That’s why we’ve tested 25 models and put together a list of 5 best electric bikes under $500 that weigh under 50 lbs.

Top 5 Electric Bikes under $500 Review 2022

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1
Editor’s Choice

ANCHEER Folding Electric Bike

Features
  • Power: 350W (motor) + 36V 6AH (battery)
  • Max speed: 15-17 mph
  • Brakes: rear disc
  • Wheel size: 12 in.
  • Suspension: rear and front
  • Weight: 36.2 lbs.

More features: 3 hours for charging, innovative alloy frame, LCD display, app support

The ANCHEER Folding Electric Bike is our Editor’s Choice for the best electric bike under 500 because it is a powerful and affordable option that is perfect for commuters. This e-bike is equipped with a 350W motor that can reach speeds of up to 15-17 MPH, making it a great option for those who want to get around quickly. It also charges quickly, only three hours and you are ready to go.

The bike features a range of 15 miles, so you can easily commute to work or run errands without having to worry about running out of battery. Additionally, the bike features a lightweight folding frame that makes it easy to carry and store, and comes with both front and rear suspension for a smooth ride.

The bike also has an APP support system that allows you to track your mileage, speed, and time, as well as lock the motor and cruise control.

The ANCHEER Folding Electric Bike comes with a 350W motor, the same thing you get with our easiest assembly pick, the TotGuard W-126. The two also have similar 36V 6AH batteries. Other similarities include 12-inch wheels in both models, LCD displays, front and rear suspension, and lastly, rear disc brakes. However, the ANCHEER bike has the added advantage of smartphone app support.

What stands out?

  • Waterproof
  • No-pedal design
  • Rare light for safety
  • App support
  • Bluetooth system
  • It self-tests and detects the fault
  • 85% pre-assembled
  • Motor locking with password

What cons did we manage to find?

  • No front brake
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Features
  • Power: 450W (motor) + 36V 10.4AH (battery)
  • Max speed: 18.6 mph
  • Brakes: front and rear disc
  • Wheel size: 14 in.
  • Suspension: rear and front
  • Weight: 55 lbs.

More features: aluminum frame, 5-6 hours for charging, 3 modes, LCD control panel

What makes this electric bike so fast is the combination of a 450W motor and a 36V 10.4Ah Lithium-Ion battery. This powerful motor lets you cruise at speeds of up to 18.6 MPH. And because the battery is removable, you can keep riding even after the battery runs out of power.

There are three modes available for this electric bike, which are electric bike, pedal assistant bike, and traditional bike. You can use it according to your needs and convenience. This electric bike also has a long mileage range of 28-45 miles. It is made with high-quality materials such as 14 inches air-filled tires for stability, double disc brakes for safety, and an IPX54 waterproof design. In addition, it comes with a good guarantee from the manufacturer.

Design-wise, the Sailnovo Foldable electric bike with a removable battery looks a lot like the TotGuard ‎W-126. The only major difference in their appearance is in the size of the wheels, with this option having a two-inch size advantage. Nevertheless, the most significant difference is in the size and power of the motor and battery. This ultimately means the Sailnovo is quicker when pushed to the limit. However, if a few extra miles per hour isn’t important to you, the TotGuard is still a great pick.

Why did it make our list?

  • Waterproof design
  • Lifelong technical support
  • A variety of colors available
  • Foldable
  • Adjustable seat height
  • Tail light for safety

What is not ideal about it?

  • The gear is too low
  • Not for off-roads
  • Quite heavy
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Chosen by 9839 people in the past 30 days
9.6
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9.3
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9.6
3
Best Lightweight

Schwagtron Swag Cycle Pro

Features
  • Power: 350W (motor) + 37V 4.4AH (battery)
  • Max speed: 18 mph
  • Brakes: front and rear disc
  • Wheel size: 12 (front) and 10 (back) in.
  • Suspension: rigid
  • Weight: 30.4 lbs.

More features: app control, USB port, 3-4 hours for charging, aluminum frame, 4 speeds

The SwagCycle Pro is the Best Lightweight electric bike as it weighs only 30.4 pounds meaning that is easy to take with you anywhere. The Pro is a collapsible electric bike and has a folding stem and handlebars so commuters can take the cycle on the train, bus or subway, or even their car.

Additionally, it has a powerful motor that can reach speeds up to 18 miles per hour, making it perfect for commuting or even just zipping along beachside pathways. It also features sturdy, air-filled rubber wheels for shock absorbency and better traction so you’ll have a super smooth ride wherever you go. Plus, with the SwagCyle II app, you can check battery life, speed, and more while you ride. With all these features and more, the SwagCycle Pro just may be the best electric bike yet!

The SwagCycle Pro is the second quickest after the Sailnovo Foldable electric bike on the list at 18 mph, while its predecessor offers 18.6 mph. The SwagCycle Pro can manage this with a much smaller motor and smaller wheels which ultimately means it’s lighter. Consequently, if you don’t want to struggle to get the bike into storage or into your car trunk, the SwagCycle is ideal.

What stands out?

  • Bright headlight for safety
  • App for controlling the distance, speed and more
  • Two steel pegs for resting your legs
  • USB poet for charging the phone

What cons did we manage to find?

  • Max speed only with app
  • Battery doesn’t charge to 100%
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Chosen by 9263 people in the past 30 days
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4
Easiest Assembly

TotGuard ‎W-126

Features
  • Power: 350W (motor) + 36V 6AH (battery)
  • Max speed: 15.5 mph
  • Brakes: rear disc
  • Wheel size: 12 in.
  • Suspension: rear and front
  • Weight: 40 lbs.

More features: 3-4 hours for charging, aluminum frame, LCD meter, shock absorber

The TotGuard W-126 bike comes 95% pre-assembled, so it is very easy to put together for any rider. The main assembly required is attaching the front wheel, which can be done in a matter of minutes. Additionally, this bike comes with all the necessary tools for assembly included in the package.

As for other features, the TotGuard W-126 electric bike is also equipped with a powerful motor of 350W, which can help the rider to achieve a top speed of 15.5MPH. It also has a 36V 6Ah removable lithium-ion battery, which is IP54 waterproof and can be fully charged in 3-4 hours. This bike also comes with double safety features of disc brakes and a shock absorber beneath the seat, ensuring that riders will have a smooth and safe ride. It also has an LCD meter that displays the battery level, so riders can keep track of how much power they have left.

As mentioned above, there are design similarities between this TotGuard W-126 model and the Sailnovo Foldable electric bike, which ranks second on the list. However, the manufacturer of this TotGuard option chooses to use a smaller form factor for the tires in addition to a smaller motor. With that, the TotGuard is significantly lighter than the Sailnovo and would work for anyone who likes the design of both bikes but doesn’t want to deal with the extra weight.

What stands out?

  • Waterproof
  • Front and rear light and horn for safety
  • 95% pre-assembled
  • Three color options
  • Compact
  • Tool kit and lock included

What cons did we manage to find?

  • Battery life is not the best
  • No front brake
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Consumer Engagement
Chosen by 6064 people in the past 30 days
9.4
Customer Feedback
Customer Feedback
9.0
Brand Reputation
Based onweb analytics
9.1
Features & Benefits
Product Review
9.2
9.4
Features
  • Power: 250W (motor) + 36V 10Ah (battery)
  • Max speed: 15.5 mph
  • Brakes: front and rear disc
  • Wheel size: 14 in.
  • Suspension: rear and front
  • Weight: 41 lbs.

More features: aluminum and carbon steel frame, 4-6 hours for charging, 3 modes

If you’re looking for a budget-friendly e-bike that doesn’t sacrifice on quality, the DYU D3F electric commuter bicycle is a great option. It’s made with a lightweight aluminum alloy frame and features a foldable design for easy storage and transportation.

The DYU D3F also comes with three riding modes (pure electric, electric assist, and normal bike), so you can customize your ride based on your needs. Plus, with a powerful 250W motor and a durable 36V 10Ah lithium battery, this e-bike can reach speeds of up to 15.5 mph and travel up to 37-40 miles on a single charge.

And for added safety, the DYU D3F is equipped with front and rear disc brakes and rear-mounted high-bright brake light.

In another case of similar design, the DYU D3F Electric Commuter Bicycle looks almost identical to the ANCHEER Folding Electric Bike. However, this option comes with a 250W motor, while the editor’s choice product features a 350W option. Nevertheless, the DYU D3F offers almost similar speed specs. Additionally, if you want the option of cycling as well, this option works, and it’s something you don’t get with the other bikes.

Why did it make our list?

  • Portable
  • Lightweight
  • Foldable
  • 90% pre-assembled

What is not ideal about it?

  • Not the best battery
  • Tires go flat fast

Things to Consider

An electric bike, also known as an e-bike, is a bicycle with an integrated electric motor which can be used for propulsion. E-bikes can typically travel much faster than traditional bikes, and often have greater range due to their increased power. Electric bikes are becoming increasingly popular as more people look for alternatives to traditional forms of transportation. They’re environmentally friendly and can help you save money on petrol or public transport costs.
If you’re looking for an electric bike but are on a budget, we’ve rounded up a buying guide for you to choose the best e-bikes under $500.

Motor and Battery

The motor of an electric bike is what allows it to move under its own power. Electric bikes typically have either a brushless DC motor or a mid-drive motor. Brushless DC motors are more common in lower-priced electric bikes, while mid-drive motors are typically found on higher-end models. The power of a motor is measured in watts, and the average electric bike has a motor that is 250-500 watts.

The battery is the other key component of an electric bike. The battery provides power to the motor, and it is typically located underneath the seat or in a rear rack. Batteries are typically made of lithium-ion, and they come in a variety of shapes and sizes. The capacity of a battery is measured in amp hours (Ah), and the average electric bike has a battery that is 10-20 Ah.

Speed

5 Best Electric Bikes under $500: Take a Ride Without Breaking a Sweat (Summer 2022)

E-bikes are restricted to 20 miles per hour (32.19 kilometers per hour) in the United States, according to federal law.

Of course, the most obvious difference between using an electric bike and riding a regular bike is the speed. The pace will increase with the aid of a motor, making it easier for you to reach your goal faster.

An electric bike can reach speeds of 20 to 28mph, which is much faster than a regular bicycle. This is because the motor provides power to the wheels, making it easier to pedal. Additionally, you won’t have to pedal as hard, so you can conserve your energy more when riding an electric bike.

However, low-priced bikes may have a lower top speed due to their limited power. Their maximum reach is around 20mph which is still considerably faster than regular bikes.

Brakes

Unlike a common stereotype, electric bikes feature not only e-bike-specific brakes but also common bicycle brakes. The majority of eBikes use a mechanical disc brake system – the same as that of a regular bicycle. However, some models feature hydraulic disc brakes, which offer better stopping power due to fluid cables.

It’s better to have both front and rare brakes as having both is more reliable than just one. Many accidents happen when the front brake fails, and you can’t stop in time.

Many electric bikes only have rear brakes. This can be dangerous since it’s harder to stop when you’re going fast. If your у-bike only has one brake, make sure it’s a good quality brake.

Wheel Size

Electric bikes come in a range of wheel sizes. The most common size is 26 inches, but you can also find electric bikes with 12-inch and 14-inch size wheels. If you’re looking for an electric bike with smaller wheel size, make sure to pay attention to the weight limit of the bike. Some electric bikes with smaller wheels may not be able to support as much weight as a larger model.

In our list, you can find models with a smaller wheel size as they are cheaper and still offer features that are important when choosing an electric bike such as a motor, battery, and comfortable riding position. However, if you want to have larger wheels and other advanced features which will enhance your maneuverability on difficult surfaces, you can check out our 6 best electric mountain bikes under $3000 or 5 best electric gravel bikes.

Suspension

It’s not uncommon for an electric bike to have suspension, whether it’s full or front shocks/fork. It adds a whole new level of excitement to your journey!

It’s all about your needs, and if you don’t intend to spend much of your time on trails or in fields, a suspension may not be necessary. A suspension may be nice but not essential if you’re using a bike for commuting. Sure, it’ll make your trip more pleasant in any case, so if you can…go for it! When it comes to storing the bicycle, the addition of the front fork will take up more room and make it harder to manage.

Weight

5 Best Electric Bikes under $500: Take a Ride Without Breaking a Sweat (Summer 2022)

Heavier e-bikes are often more difficult to ride uphill and may require more effort from the rider. Conversely, lighter e-bikes may be easier to ride but may not provide as much power assistance.

When it comes to weight, there is a trade-off between portability and stability. Heavier e-bikes tend to be more stable, but they can be difficult to lift onto public transportation or into your car. Lighter e-bikes are often easier to maneuver, but they may not feel as sturdy as their heavier counterparts.

An electric bike can be much heavier thanks to the motor and battery. It’s not uncommon for an electric bike to weigh 40 lbs. more than a regular bike.

The weight of an electric bike also affects the range. Heavier bikes tend to have a shorter range, while lighter bikes can travel further on a single charge. Ultimately, the best electric bike for you is the one that fits your needs and budget.

Price

The price of an electric bike can vary depending on the make, model, and features. Generally, however, electric bikes are more expensive than traditional bicycles. This is because they require a motor, battery, and other components that add to the overall cost. Many people find that the price is worth it, though, because electric bikes offer a number of advantages over traditional bicycles. For one thing, they can be much easier to pedal, making them ideal for those who have joint pain or other issues that make pedaling a traditional bike difficult. Additionally, electric bikes can go much faster than traditional bicycles, making them ideal for commuting or running errands.

However, if you haven’t tried riding a traditional bike, it’s worth giving it a go before making the decision to purchase an electric bike. You can find one that suits you in the 10 great road bikes under $500.

Tips on How to Care for Your Electric Bike:

  1. Store your electric bike indoors when not in use. This will protect it from the elements and help to prolong its lifespan.
  2. Keep the battery charged. It is important to keep the battery fully charged so that it will be ready to go when you need it.
  3. Inspect the bike regularly. Check for any damage or wear and tear that may have occurred. If you notice anything, have it fixed promptly so that it does not become a larger problem.
  4. Take your electric bike for regular rides. This will keep the parts moving and help to prevent them from seizing up.
  5. Consider investing in a cover or storage shed for your electric bike. This will further protect it from the elements and help to keep it looking its best.

FAQ

To charge an electric bike battery, you’ll need to connect the battery to a charger using the appropriate charging cable. Most electric bike batteries can be charged with a standard household outlet, though some may require a higher-voltage outlet. Once the battery is connected to the charger, you’ll simply need to plug the charger into the outlet and wait for the battery to charge. Depending on the size of the battery, it could take several hours to fully charge.

There are e-bikes that have an IPX5 waterproof range which means that they can be ridden in the rain, but not submerged in water. If you’re caught in a downpour, it’s best to head for cover and avoid riding through puddles or streams.

The simple answer to this question is YES, electric bikes are legal in the United States of America.  Some states and cities have placed restrictions on where and how electric bikes can be ridden. For example, New York City requires riders to have a license and registration for their e-bike, and they are not allowed to ride on sidewalks. California has a statewide ban on riding e-bikes on bike paths or trails unless the bike has been certified as pedal assist only.

Each state has its own laws and regulations regarding electric bikes, so be sure to check the laws in your state before riding.

Our Verdict

The Schwagtron Swag Cycle Pro is an excellent electric bike for commuters. It is lightweight and collapsible for easy transport, has a powerful motor for reaching high speeds, and comes with the SwagCycle II app for tracking your ride.

The Sailnovo Foldable Electric Bicycle electric bike is a great choice for those looking for a fast and powerful ride. It has a top speed of 18.6 MPH and a long range of 28-45 miles, making it perfect for commuting or errands.

The ANCHEER Folding Electric Bike is easy to carry and store, and comes with both front and rear suspension for a smooth ride. The APP support system is also a nice touch, allowing you to track your mileage, speed, and time. Overall, we think this is the best electric bike under $500.

References

1.
Safety of e-bikes compared to conventional bicycles: What role does cyclists’ health condition play?
The rising use of e-bikes (EBs) presents an opportunity to increase active transportation but may compromise road safety due to increased travel speed and weight compared to conventional bicycle (CBs).
2.
Bicycle road rules and safety | Transport and motoring | Queensland Government
There are road rules you must follow when riding a bike on Queensland roads.
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