Top 10 Best Electric Bike Under 500: Which One Is Perfect For You

Time is the most valuable and unreturnable thing in the world. And there is a proverb that “time is money.” So all of us want to save time to save money. Do you want to save time, money, and reach a destination on time without red face and outing sweet?

Then electric bike can be the best alternative for you. Here, we make a list of 10 best electric bike under 500 to assist you for choosing the best one for you.

The cycle has lost its trend because of its slow pace mode, and an e-bike is replaced by cycle.

We would like to know you that in 2019, 11.35% of people sifted cycle to the e-bike. In 2015 the ratio was only 7.47%.

Since the electric bike offers you to enjoy the natural beauty while traveling, eco-friendly vehicle, don't emit greenhouse gases and exercise scope so you can buy an e-bike instead of a cycle.

This e-bike needs an extra push with paddle power to reach a place timely.

So why not you grab the opportunity of riding an electric bike?

If you want to enjoy these amazing features, you can buy an e-bike. You can look at all the key features, pros and cons of these e-bikes, and decide to buy an e-bike according to your need. Even, we have arranged an ultimate buying guide and FAQ section for you.

Before going to the main review section, it is necessary to know what benefits you can get by riding an e-bike and why you should buy one.

The Benefits Of Riding An Electric bike

  • You can reach your office, college, or any other place without facing any heavy traffic.
  • You don't need to pressure your legs for paddling as it will do the motor of the e-bike.
  • The e-bike is environment-friendly, doesn't harm nature by producing carbon dioxide or toxic gases.
  • E-bike helps you to enhance your physical and mental health by practicing light exercise while riding.
  • You can go even a shortcut road with a speedy cycling mode if you take an e-bike instead of a regular cycle.
  • Since you can ride the e-bike, so you don't need to waste time and money by looking for a rental car.
  • Though the e-bike is waterproof so you can use it under any circumstances, for example, rain, wind, hills, etc.
  • In the case of electric bikes the repair takes much less, you just have to make sure that the brake pads and tires are in good condition.
  • You don't need to create more sweat by paddling more.

After knowing about the benefits of the e-bike, now it is obvious to look at the review section.

Top 10 Best Electric Bike Under 500

1. Ancheer Electric Bike

Ancheer is the pioneer brand in this electric bike world. If you think to buy an electric bike than Ancheer Electric Bike can be a good investment for your daily commuting.

Since it has a lithium-Ion battery to store power and can support you to travel 15+ miles at the most top speed, the battery takes 4-5 hours for a full charge, and you can travel 30 miles per charge. Ancheer provides a removable battery so that you can charge it with the attached of the cycle or by opening from the cycle.

It's 26 inches wheel gives you comfort to cycle even an uneven path. Its weight is only 26.5 pounds so that you can easily carry and store in minimal space.

Key Features

  • It has 21 gear style so you can control its speed by pressing some buttons.
  • It takes 250 watts and 36 voltage electricity to charge it.
  • It has a battery indicator to show you how much charge it has and how many miles you can travel through the storage charge.
  • The seat and handlebar are adjusted to give you a comfortable bike ride.
  • Its collapsible metal frame offers you to fold it and keep it within a short space if you have no more big space.


  • You can lock its motor through app settings to prevent stealing. 
  • 3 transmission (E-bike, assisted bike, and normal bike) mode to ride.
  • Available 3 colors.(classic black, proEB007, and red lines) 
  • The steel frame is very durable to use long time.
  • Rare disk brake to control the speed at any emergency. 


  • It is suitable for entry-level. 
  • It's PAS (padel assistant system) should improve. 

2. Swagtron SwagCycle EB-5 Pro

Its long-lasting removable aluminum battery is excellent to offer you a superb journey in steep hills by 30° inclines. Its powerful motor and upgraded folding frame give you more fun and less hassle.

If you want to exercise by cycling, you can boost up your heart rate and save battery charge to exchange the e-bike mode to normal mode.

The handlebar is very smooth to grab it tightly while riding. Even you get the freedom to cycle for its flexible power system.

Key Features

  • It has a 250-watt motor and 36 volt, 8 AH lithium-ion battery.
  • It takes a maximum of 4-5 hours for full charge.
  • It has an ultra-durable metal frame to carry 264 pounds weight.
  • It has adjusted seat and handlebar space for a comfortable journey.
  • It has a battery indicator in its right handlebar to show battery life.
  • Its 14" air-filled tire helps to take U-turn when you need it.


  • It is fit for outdoor activities, lifestyle, and daily commuting.
  • Its design and quality are excellent.
  • It runs 15.5 miles per charge.
  • It is waterproof.
  •  One of the best affordable electric bike. 


  • It is challenging to ride without a motor.
  • The assistant has to improve to give more comfort. 

3. Ancheer Folding E-bike

This Ancheer folding electric bike has a stable lithium battery, which needs 36 volts to store charges on a 250-watt motor. Its 16/12" wheel and durable braking materials give you extra safety to ride the e-bike in any hill and bumpy roads.

One of the users of the Ancheer folding electric bike name Mr. Hike who is a businessman by profession, shared his experience with this e-bike. He told once on a rainy day he was going to a remote area to meet one of his clients. Since that was a rainy day, so he made a little late to came out from his home. But there was an urgency to reach the meeting on time.

He thought it is a necessity to hire a car to go the long distance and then ride his E-bike. It would save time. So as the E-bike has the folding opportunity, he folded the bike and easily transported it in the car. And this way, he met the client on time and signed a big deal with the client. After that, he returned by his e-bike.

That day he thanked himself for buying this electric bike. And he also thought that Ancheer folding is the best budget electric bike and it worth the every single penny of cost.

Key Features

  • It has a LED screen to its right handlebar for noticing its charge level.
  • You can give it a full charge within 4-6 hours.
  • 3 padel assistant mode.
  • Durable frame structure with folding opportunity.
  • It is suitable for a man in 6.1" and a woman in 5.9".


  • It has a friendly design for the bike rider.
  • It has a 1-year warranty for it's all parts except the frame.
  • It can take a load of 300 pounds.
  • Double-layer aluminum alloy wheel.


  • It will be good if they provide a frame warranty. 
  • Need to improve cycling speed.

4. Jetson Electric Bike

If you like to pick up your bike when you think to pull some weight for doing arm exercise, then Jetson electric bike is the right option for you besides riding a bike. Because there is a carrying handle central of the frame to pick up the cycle. There is also a bright LED light in front of the cycle so, your vision remains clear in dark or night.

One of the best electric bike under 500 considering the price which is only 34 pounds weight and can take 250 pounds in its frame easily. It is specially designed and made for adults.

Key Features

  • It has a 16 mph battery.
  • Its frame is made of aluminum alloy and entirely foldable for storing it even under a desk.
  • Its full charging time is 5 hours.


  • It is a perfect choice for daily use.
  • It is lightweight and easy to carry.
  • It provides a one year warranty.


  • It is not suitable for children.
  • You face difficulties in repairing its parts.

5. Aceshin 26" Electric Bike

This aceshin electric bike is made of very high-quality materials like aluminum frames, 21 gear speed, front and rare disk brake, double layer wheels, lithium-ion, and removable battery, and so many things for a comfortable bike ride.

So you can easily take this electric bike for your daily commuting.

There is also an RST to prevent its tire from slipping in the pavement. It can take you 25-50 miles within an hour by its electric mode and 50 miles at an assistant bike mode.

Key Features

  • It has 36 volt/8Ah battery
  • Its maximum charge time is 4-6 hours
  • 250-watt professional motor..
  • 3 modes are available.
  • 21-speed gear.


  • Adjustable, comfortable, and soft seat to sit.
  • It can take a load of 150kg or 330 pounds.
  • It is very lightweight to carry.


  • It has no water-resistant battery to ride in the rain.
  • 4-6 hours is a long time to store charge.

6. Natko 26” Cargo Electric Bike

It is one of the best Electric Bike under 500 with excellent features and quality. Natko cargo electric bike is made of high-quality materials and ensures a world-class style in the electric bike sector. The company gives focus on the comfort of the riders.

Nevertheless, its design is perfect, and it is quite suitable for the young generation, adults, and women. So that you don't need to give a second thought to purchase this e-bike. The bike gives you the opportunity of 2 working modes as e-bike mode and assistant mode. You can quickly transfer the way to the demand of the purpose.

Key Features

  • The Nakto e-bike has 250 watts and a 36-volt motor and lithium battery.
  • 6-speed SHIMANO gear style.
  • Its average speed is 25-35 mph.
  • Its wheel is 26 inches wide to load a heavyweight.


  • It has an LED monitor to show battery charge.
  • You get one year warranty.
  • It is a budget-friendly e-bike.
  • It has a superb working horn to its right handlebar.


  • It is a little heavy to carry. 

7. Speedrid 26" E-bike

If you are a mountain lover and there is a habit of going mountain frequently, This e-bike can be the first choice for you. There is no matter how tall the mountain is! Since speedrid 26" E-bike is designed for mountain hiking.

Its durable double layer aluminum alloy wheel rim and 21-speed gear ensure your safe journey in the mountains. You can control its speed by the LED screen a 3-speed smart meter buttons.

Moreover, these buttons help you to keep away your eyes from the traffic light rays, and as well as it gives you clear vision.

Key Features

  • The battery is removable and 36 volts 8 AH.
  • It has a 250-watt motor to store charge.
  • It can take you 15-30 miles at high speed..
  • You can go 15-17 miles per charge.


  • It is the best choice for day's adventures.
  • It has an adjustable and comfortable seat and handlebar for cycling.
  • The design is perfect for mountain hiking.
  • One year warranty.


  • It is 56lbs weight means too heavy to carry. 
  • They should enhance customer service. 
  • It is a little bit hard to peddling in downhill. 

8. Emdaot Electric Mountain Bike

If you are looking for an electric bike with a high steel carbon frame to go on a journey in the mountain areas, the Emdaot Electric mountain e-bike may be the best alternative for your purposes. Its high quality and lightweight materials, enough strong front and rare braking, and gear sifting systems give you a safe and secure journey in the mountain hills.

Since emdaot electric bike designed for mountain biking, so there is a removable battery, you can carry an extra battery with a full charge. When you observe the first battery is ending its charge, you can change it and reach your destination without any hassle.

Mr. Musa Ibrahim is professionally a corporate job holder but passionately a mountain hiker. He was looking for a perfect e-bike to assist him in hiking the long mountain. When he came to know about the Emdaot electric bike, he bought it and went to his 5th mountain adventure. He could complete the journey without less hassle and challenges. Because this time, he took the Emdaot electric bike. Since there was an extra battery and was specially designed for mountain hiking, it helped him complete the journey with a happy and comfortable mood. . His experience was so charming that’s why he loved this mountain bike under 500.

Key Features

  • An air-filled tire with 26 inches wide wheel
  • 21 gear style to control the speed of the bike.
  • Anti-slip wear to protect slippery accidents.
  • 3 types of working mode to save charge and battery life.
  • It is only 22 kg weight and can take a load of 150 kg.
  • You can go 40 km by electric mode and 55 km by PAS mode.


  • Removable battery.
  • Ergonomic design with an adjustable seat.
  • Waterproof.
  • Rare disk brake to control the speed at any emergency. 


  • The seat has to be softer to sit.
  • The tire is very flat.
  • The paddle is so hard for paddling.

9. Kemanner Electric Mountain Bike

The Kemanner electric mountain bike is suitable for outdoor, camping, and mountain hiking purposes. If the bike purposes are matched with your ebike buying purposes, then why not check this one?

Its first and foremost good sign is the USB charging interface design. The bike highly recommends for the men riders who love to ride bikes for going work or anywhere.

Key Features

  • 36v, 8AH lithium battery.
  • Its per hour average speed is 25 km.
  • The wheel is 26" and made of aluminum alloy spokes.
  • The paddles are foldable.
  • 7 modes of speed transmission.


  • It is suitable for 165-190 cm height people.
  • It is only 17kg, which means very lightweight.
  • It has two available colors (black and red).


  • It is not for child bikers.
  • It should improve its mileage range.

10. Nakto 250w Cargo Electric Bicycle

If you don't like to spend more money on buying an electric bicycle for your sports program. Then you can look at this cargo electric bicycle. Nakto 250w cargo electric bicycle specially designed for the sportsperson.

No matter what kinds of sports is your favorite. You can buy and use it for sprots lovers and keep your body fit for the upcoming sports events.

It is the best motorcycle under $500. You can choose , buy and use it never giving the second thought for your better athletic performance to your upcoming sports event.

Key Features

  • It is made of high-quality materials.
  • 6 stylish gear system provides you the opportunity to sift the speed.
  • Large capacity 36 volt 10 AH lithium battery charger
  • 250 watt of electricity needs to give charge to the battery.
  • It has High-quality braking equipment to brake the cycle at any emergency.
  • High speed motor with SHIMANO service.


  • Very pocket-friendly price.
  • Excellent customer service.
  • Reasonable speed and distance covering capacity.


  • There is no manual mode to save charge.
  • Shortage of repairing store at any place.

What Things Do You Notice While Buying An Electric Bike Under 500: A Perfect Buying Guide

Since there are many options in your hand to buy an e-bike under 500, it is very natural to become a puzzled. No problem. Here, we are to assist you to choose the best electric bike under 500 When you have decided that you will buy an electric bike you have to notice some features of the e-bike. For example

Speed: Maybe you will buy an e-bike to save time and energy to reach a destination. So whenever you buy an electric bike, you must focus on it.

Frame folding opportunity: Sometime, may you need to go on a bus, car, steamer, or any other big and long vehicle. If you can fold your e-bike, it will be a plus point for you to transport it. So don't forget about this feature.

Charging time: If you can charge the e-bike battery within a few hours, you can travel more path without any disturbance. The excellent quality battery takes 3+ hours for full charging.

Breaking systems: Since you have ridden the electric bike in a busy road or a mountain. So to ensure your safety, good breaking systems are must in the e-bike feature.

Budget: A reasonable and pocket-friendly e-bike can be a good choice for you. That's why, after long research, we have listed the best affordable electric bike. After reading the review it is going to be very easy for you to pick up one out of those 10 e-bikes.

Battery capacity, and voltage: The battery capacity and voltage are the other important things to select the best suitable e-bike.

Some FAQ (frequently asked questions) And Answer About The E-bike

How many miles does an electric bike go?

As per our research, the most e-bike can take you 20-30 miles depending on the weather, route, and e-bike category.

How fast the best electric bike under 500 go?

These ten e-bikes can go 20-28 miles per hour. So you can relay on the bike speed to reach any destination on time.

Can I use an e-bike in the rain?

Most of the time, the answer is yes. There are also a few e-bikes which don't have this opportunity.

How many hours an e-bike battery needs per full charge?

The world's best e-bike takes 3 hours per full charge, but in this article, the mentionable e-bike takes 4-6 hours per full charge since we have written about the best motorcycle under $500 only.

Through the paddling, can I charge the battery?

Some e-bike allows these features to charge the battery by paddling. But these are some expensive e-bike. We don't find any e-bike under $500 those offer this feature.

How much weight is suitable to buy an electric bike?

45-60 pounds are quite suitable to buy an e-bike as it is lightweight to carry and transport.

Can I do exercise by an electric bike?

Yes, of course. You can do cardiovascular exercise by the time of cycling.

Can I use an e-bike as a normal bike?

Most e-bike offers you this feature to ride an e-bike as a normal bike. There are three modes in an e-bike. These are e-bike mode, assistant mode, and normal mode.

Final Thought

Now, you have all the relevant information about the best electric bike under 500. So make a checklist of your own and match the features of the above e-bike. Then you can buy the suitable and the best e-bike to serve your everyday commuting purposes. The right decision is crucial to make your life easy and hassle-free.
Happy journey in your everyday life.

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