5 Best Treadmills Under $300

Keeping up with your health in this fast-paced world has become a major challenge. People pursue multiple jobs to make ends meet. With this hectic schedule, it seems next to impossible to go home, take a shower, and go gyming.

This is where home exercising equipment comes into the picture, which has made it possible to work out from the comfort of your home.

Our team after conducting extensive research, by talking to fitness experts, gathering information from multiple websites, has come up with this list of treadmills that costs under $300.

SereneLife SLFTRD20 Smart Electric Folding Treadmill Merax Treadmill Folding Electric Treadmill SereneLife SLFTRD18 – Smart Folding Compact Treadmill
Pros Unique Foldable Style
Many Options of Preset Modes for Training
Gives Comfortable Running
Easy to Assemble
Long Handlebars


Table of Contents

5 Best Budget Cheap Treadmills Under $300

1. SereneLife SLFTRD20 Smart Electric Folding Treadmill

SereneLife SLFTRD20 Smart Electric Folding Treadmill comes with a very user-friendly UI that is accessible by all age groups, even by grandparents who might not be too technical savvy.

This treadmill is compact, stylish, and gives the most suitable options for exercising, saving your time and making you fitter.


  • Unique foldable style
  • Features digitally LCD display
  • Supports Bluetooth
  • Many options of preset modes for training
  • Supports incline adjustment
  • Speed varies from 6 mph to 10 mph
  • Maximum weight up to 260 pounds


  • User friendly
  • Portable and compact
  • Can be accessed digitally
  • Perfect for walking, running, or jogging
  • Suits all age groups


  • Not sturdy
  • Does not have a socket head and washers


With features like preset modes, unique folding designs, compatibility, portable, etc., SereneLife Smart Electric Folding Treadmill works wonders.

Along with easy setup, the equipment runs smoothly and without making any noise. It is a low weight and convenient electrical folding easy to install treadmill. 

The SereneLife Smart Electric Folding Treadmill is loved by customers and has many positive ratings and customer reviews.

Why did we decide this to be on #1?

Due to its unique functions and encouraging customers’ reviews, SereneLife Smart Electric Folding Treadmill is definitely the best treadmill under $300.

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2. Merax Treadmill Folding Electric Treadmill

The Merax folding treadmill helps you achieve your goals of a fit and healthy body. With many features like built-in speakers, a shelf for mobile phones, and other great technical specifications, this treadmill definitely deserves a mention.

It lets you have a smooth and quiet workout with a high-intensity run along with some music for your motivation.


  • Mobile phone holder
  • LCD display
  • 12 built-in programs for workout
  • Stylish design and look
  • Foldable
  • Preset programs from high to low intensity
  • Maximum weight up to 250 pounds
  • Supports three incline adjustment positions
  • Maximum speed up to 10 mph


  • Able to fit anywhere
  • Has wheels, which makes it easy to move
  • Gives comfortable running
  • Preset programs aid an intense workout
  • Makes no noise
  • Sturdy


  • New users may find it difficult to assemble
  • Cannot pause workout in between
  • Cannot adjust handlebars
  • Suitable only for those less than 6 feet in height


The preset workout programs are incredible and are for Merax machines only. Whether you want to do an intense workout or just a normal workout, you have got all the options in the preset menu.

A sturdy and compact equipment Merax Electric Folding Treadmill works wonders in this price range and is definitely a good option to consider.

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3. SereneLife SLFTRD18 Smart Folding Compact Treadmill – Best Treadmill for Beginners

SereneLife SLFTRD18 Smart Folding Compact Treadmill comes with a sports app that can make the dull workout routine much more fun and makes you feel enthusiastic.

The design of the treadmill best suits beginners as they just have to sync with the speed because, on other treadmills, they have to make efforts to push the belt. Moreover, all the workout details are visible on the LCD panel that is on the treadmill to keep the record.


  • Supports Bluetooth connectivity
  • Foldable
  • Excellent and convenient display
  • Has a quiet and powerful motor that gives a quiet and smooth workout
  • Maximum weight up to 365 pounds
  • Speed varies from 0.6 mph to 6 mph
  • 5-inch manual incline
  • Automatic features of safety


  • Easy to assemble
  • Ideal for jogging, running, and walking
  • Has wheels, which makes it easy to move
  • Easy storage
  • Long handlebars
  • Apt for personal use


  • Small tread belt


Launched in 2019, SereneLife Smart Digital Folding Treadmill is one of the most preferred treadmills in the range of below $300.

Accompanied with upgraded technology and features, the equipment can work with Bluetooth connectivity, and the workout data can be synced in your smartphone.

The features are user-friendly and help you in a very good workout for toning up the body muscles and losing weight. 

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4. Weslo Cadence G 5.9i Cadence Folding Treadmill

Weslo Cadence G 5.9i Cadence Folding Treadmill is a combination of affordable price, quality, and functionality. With taking the minimal space possible, transportation wheels are the added advantage.

With the security key and other parameters for smooth functioning, this equipment is suited for beginners.


  • Lightweight
  • Maximum speed ten mph
  • Two-position manual incline
  • Maximum weight up to 275 pounds
  • Blue tint LCD console


  •  Foldable 
  • Apt for personal use
  • Compact and easy storage
  • Comfortable cushioning of cells


  • No automatic incline


The Weslo Cadence R 5.9 is one of the best-selling treadmills. The equipment has a lot of user-friendly features that can be used during the workout.

Also, the heart rate monitor system shows precise results. Prepared by a certified trainer, Weslo Cadence R 5.9 has six in-built workout programs so that you don’t need to spend time preparing a workout routine.

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Also Read: Best Treadmills Under $1000

5. Best Choice Products 800W Folding Electric Treadmill

With the maximum ease to use with 3 training programs, according to the complexity level, Best Choice Products 800W Folding Electric Treadmill deserves a mention in our list.

Suitable for the people who move frequently; with the ease of carrying and being compact, this equipment can be used in any free corner. You can also place this treadmill in front of your TV or laptop/PC and then do a workout while watching. 


  • Foam covered handrails for comfort, safety, and balance
  • LED display
  • Safety emergency stop key
  • Low voice for 500w motor
  • PVC and steel frame running belt
  • Maximum weight up to 250 pounds
  • Multifunctional LCD
  • Preset workout programs


  • Very compact design
  • Provision for keeping two water bottles
  • Provision for media shelf
  • Has wheels, which makes it easy to move


  •  Fewer functions


The Best Choice Products 800W Portable Folding Electric Motorized Treadmill is a value for money equipment. This treadmill is easy to assemble with clear instructions given in the manual.

This treadmill has many options for speed management which are conveniently adjustable during your workout sessions.

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Best Treadmills Under $300: Buying Guide 

What do you want to perform on the treadmill: jogging, running, or walking?

There are different treadmills for different purposes. If you want to train for a marathon run, then you need to choose the treadmill that is designed for a walker.

If sprinting or running is your goal, then the speed of the treadmill matters. In this case, choose the treadmill that has a maximum speed of 12 mph or more and the belt of the treadmill should be at least 60-inch long.

If running at intervals is your target, then the treadmill with an AC motor is suitable for you. This is because AC motors react to change in speed more quickly than DC motors.

And lastly, if you want a treadmill to have a walk-on, then opt for the treadmill that has a shorter belt and comparatively lower maximum speed than the other options.

With what maximum weight of the person can a treadmill work?

It is always a better option to go for treadmills with a maximum weight capacity of 50 pounds more than the person who wants to use the equipment. In this way, you can use the treadmill more efficiently.

How much space can you free for your treadmill?

When purchasing the treadmill, one should be mindful of the space that can be dedicated to this equipment. If you do not have a lot of space, then you should opt for treadmills that are space-saving or foldable.

For the very limited space, the best buy is the foldable treadmill which you can pack up after use.

You need to always compare the overall length and width of the treadmill while going for brands and should also keep in mind your dedicated space.

What is the return policy?

We know that you are not buying the treadmill with the intention of returning it, but getting to know the return policy will only help you to decide where to buy it.

Since the treadmills are quite bulky and have shipping charges, the manufacturer generally asks the customer to pay for the restocking or shipping or maybe both. Sometimes, this cost adds to almost half the price of the treadmill itself, which can be hefty in the pocket of the buyer.

So, we recommend calculating the shipping fee and reading the return policies before making a deal for the treadmill.

What is the warranty that the manufacturer provides?

Advancement in time has also led the manufacturers to provide better warranties, not orally, but on paper too. Companies now promise lifetime motor and frame warranties.

They also provide warranties of strong parts for approx. 37 years and solid labor for approx. 12 years. While considering warranties, always check for hidden terms and conditions that are written on manuals so that you don’t get conned.

Always look for the manual before buying the equipment and make sure that the warranty the manufacturer tells you is the same as that on the manual.

Do you prefer tracking your workout data on the treadmill?

If you want this particular feature on your treadmill, then you should opt for brands that integrate apps or software dedicated to this feature. Not all brands provide you with this very feature.

Some brands or companies also charge a nominal subscription fee to use this software. Nevertheless, proper research and the manuals will guide you much better if this feature is your priority.

How strong is the treadmill’s motor?

The motor, the most important part of the treadmill, is the basic consideration of the best treadmills. Motors are measured in HP units, and generally, a 2HP motor is most preferred and also suitable.

A 2HP motor is suitable for treadmill users who want vigorous and high-intensity running sessions on the equipment. Also, the speed can be easily adjusted if the motor is powerful enough.

Can your treadmill incline?

Incline positions are also necessary to choose among treadmills. Different incline positions help in toning up muscles and burning extra calories.

An incline of up to 10 degrees can burn approx. two times more calories than any flat belt treadmill.

Having an incline feature on your treadmill is surely an added advantage for you.

What are your tread belt requirements?

The size of the belt depends on the requirements of the user. Generally, treadmills have a larger belt size, but if the user wants to use the treadmill in a compact space like the home, then small-size belts are preferred.

For a relaxed mode run in a larger space, you should go for a large size tread belt.

What design and programs should be there?

A treadmill should have a sturdy design with, of course, great features. Both are must requirements while buying a treadmill.

These days, manufacturers design treadmills, keeping in mind the overall user requirements and making these requirements a preset program. With such preset programs, the customer doesn’t have to waste the time planning a workout session.

Should there be heart rate measurement sensors?

Being the cardio workout equipment, heart rate sensors are the must-have function on the treadmill. This is because, during the workout, you need to monitor your cardio rate so that you do not exhaust yourself more than required while running.

What should be the maximum speed of the treadmill?

While buying treadmills, avoid equipment that offers lower speed. The maximum speed for regular use models should be at least 16 km/h. If you want to have a professional, fast and effective workout session, then opt for higher-speed treadmills.

Frequently Asked Questions(FAQs)

Q. Is it worth spending money on folding treadmills?

If you have a smaller home gym or smaller home, folding treadmills are best to invest in. Moreover, with folding treadmills, cleaning the home also becomes easier because of fewer appliances. If you have a slightly higher budget, check out our list of the best treadmills under $500 here.

Is there anything such as a portable treadmill?

Yes. people who travel more and want their workout equipment with them prefer portable treadmills.

Since these are very basic equipment, the features are also not premium to maintain the lightweight and compactness.

Can treadmills be too loud for the apartment?

If you buy a treadmill that is a quieter model, then it will not be too loud.

Can treadmills be used upstairs?

Undoubtedly, yes. If you don’t have the main floor or don’t have space, then you can set the treadmill upstairs too. It won’t make any difference in your workout.

Does the floor get damaged because of treadmills?

Yes. Since the treadmills are heavier equipment (unless not portable or foldable), they can damage the floor by slipping and sliding on the floor, forming damaging and unattractive scratches, and may also tear the vinyl flooring.

Do treadmills affect your knees?

If you are running or jogging on the treadmill, then some pressure may come on your knees as compared to an elliptical trainer. But walking on a treadmill exerts the same pressure by both treadmills and ellipticals.

Saying this, treadmills are easier and more user-friendly for beginners to start the workout on.

What should I consider when buying a treadmill?

Briefly, you should consider price, type (manual or automatic), stability, space, warranties, and motor in the treadmills.

Can a treadmill burn belly fat?

Yes. Generally, treadmills are considered as an alternative for running by people with overweight conditions.

But treadmills can also burn belly fat, and also with regular workout sessions on treadmills, you can even burn the visceral fat for good.

With regular workouts on the treadmill, how much weight will I be able to lose in a month?

With a regular and healthy diet, you can easily lose up to 10 pounds in a month. Nevertheless, in the long term, a loss of 12 pounds a week is more sustainable.

Is walking on the treadmill every day okay?

As soon as you get used to walking on the treadmill, you can do it daily, i.e., 7-days a week.

Experts recommend 30 to 60 minutes of brisk walking or total walking for 150 to 300 minutes per week appropriate to reduce the health risks.

What should be the speed while walking on the treadmill?

On a general note, walking speed is 2 to 4 MPH, jogging speed is 4 to 5 MPH, and speed above 5 MPH is running.

How much is the average lifeline of the treadmill?

On average, a treadmill works for about 10 years or in between 7 and 12 years. Needless to say, with proper care, the equipment may last longer and if not taken proper care of or neglected, may not even give the average life.

How do I check if my treadmill belt is wearing out?

Rub your hand on the underside of the treadmill for the signs of wearing out. These may be either over smoothness or discoloration.

The discoloration will make the tread belt look black and dark, also if there are smooth patches in between, then yes, your belt needs replacement.

After how much time should I replace the tread belt?

On average, if used regularly, then the read belt needs to be changed after every 3 months. Also, if you find your belt to be worn out before 3 months, then also you need to replace it.

When should I lube the treadmill?

You should lubricate your treadmill regularly to have a comfortable workout session. You should also take care of the tread belt and the motor of the treadmill from untimely wear and tear.

Generally, lubricate your equipment every 130 miles or after every three months.

Can I turn off the power of the treadmill when not using it?

Yes, you should always turn it off when not using it. Turning it off will not only give it a longer life but will also conserve energy for the good.

Which is a better treadmill: manual or electric?

If you are comfortable pushing the tread belt with your feet, then consider buying a manual or non-motorized treadmill.

If you want to sync with the pace of the tread belt which is set electronically, then consider an automatic or motorized treadmill.

But keep in mind, that more calories are burnt on an automatic treadmill than on a manual treadmill.