Key takeaways
- Cheapest pick worth buying: Schwinn IC4 Indoor Cycling Bike ($800 – $1,000).
- A solid basic bike suits most home workouts.
- Magnetic resistance is quiet and smooth.
In this article
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On a budget? Here are the best-value exercise bikes in the US, starting with the cheapest model we rate, with typical prices and our verdict on each.
Prices are typical ranges, not live prices. The button on each pick opens the current price.
Budget picks at a glance
| Product | Verdict | Score | Typical price |
|---|---|---|---|
| Schwinn IC4 Indoor Cycling Bike | Buy | 8.5/10 | $800 – $1,000 |
| Peloton Bike | Consider | 8.0/10 | $1,200 – $1,500 |
Budget picks in detail
Schwinn IC4 Indoor Cycling Bike
Verdict: Buy · Score: 8.5/10 · Typical price: $800 – $1,000
For most people, Schwinn IC4 Indoor Cycling Bike is worth its usual price of $800 – $1,000. Our score: 8.5/10.
Peloton Bike
Verdict: Consider · Score: 8.0/10 · Typical price: $1,200 – $1,500
Peloton Bike is worth considering if it suits your needs exactly or drops below its usual $1,200 – $1,500, but it is not our first choice.
How to save money
A solid basic bike suits most home workouts.
The deepest discounts usually arrive during the big summer sales in July, the October sales events and Black Friday through Cyber Monday in late November.
Where not to cut corners
Magnetic resistance is quiet and smooth.
Common mistake: Ignoring subscription costs on connected bikes.
Compare more options
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Frequently asked questions
What are the best cheap exercise bikes in the US?
The cheapest model we would still buy is Schwinn IC4 Indoor Cycling Bike, typically $800 – $1,000.
Are cheap exercise bikes worth it?
A solid basic bike suits most home workouts. Do not compromise on the basics, though. Magnetic resistance is quiet and smooth.
When are exercise bikes cheapest in the US?
The deepest discounts usually arrive during the big summer sales in July, the October sales events and Black Friday through Cyber Monday in late November.