Best Electric Bikes Under $500

As 2024 is just around the corner, we have review this guide and it goes best for the year 2024. Electric bikes have surged in popularity in recent years due to their efficiency, convenience, and eco-friendliness. While high-end models can be quite pricey, there are affordable options available under $500, making the e-bike experience accessible to all. Here’s a handy guide to help you navigate your options and find the best electric bike under $500.

Best Electric Bikes Under 500$
Best Electric Bikes Under 500$

List of 7 Best Electric Bikes Under $500

  1. Best Overall: Heybike Race Max
  2. Runner Up: ANCHEER Electric Mountain Bike
  3. Best For Tech Lovers: MICLON Cybertrack 100
  4. Jasion EB5
  5. NAKTO
  6. FEOFFY 350/750W Electric Bike
  7. Sailnovo Electric Bicycle

1. Heybike Race Max


Heybike Race Max
  • 500W Brushless Motor
  • 3 Working modes
  • Up to 22 mph
  • Shimano 7-Speed
  • 27.5” tires
  • Lightweight

The Heybike Race Max” Electric Bike is a dynamic and efficient transportation solution that marries advanced electric technology with traditional cycling features. Ideal for adults, this e-bike redefines commuting and outdoor rides with its compelling blend of power, comfort, and style. This is the reason it stands out as the number one choice in our list of the best electric bikes under 500 dollars.

It is powered by a robust 500W brushless motor that ensures a swift and smooth ride. Whether you’re navigating steep inclines or cruising flat surfaces, the powerful motor propels you effortlessly, providing an enjoyable and less strenuous cycling experience.

A highlight of this electric bike is its high-capacity 48V 12.5AH removable battery. The long-lasting battery allows for extended rides without worrying about frequent recharges. Additionally, the removable feature adds a level of convenience, enabling you to charge the battery separately from the bike, whether at home or work.

Designed for comfort and adaptability, it features a 27.5-inch frame that suits a wide range of adult riders. The bike’s lightweight construction adds to its maneuverability without compromising on its sturdiness. This makes it a perfect companion for both daily commutes and adventurous mountain rides.

2. Ancheer 500W Electric Mountain Bike


ANCHEER 500W Electric Mountain Bike
  • LCD-Display
  • 20 MPH (32 Kmh) Speed
  • Professional 21-Speed Gears
  • 26inch commuter e-bike
  • Mountain bike configuration
  • 48V/374.4Wh

The Ancheer Electric Bike Electric Mountain Bike is a remarkable fusion of traditional cycling and advanced electric power. This 26-inch commuter e-bike is powered by a formidable 500W motor, providing a generous boost to your pedaling efforts. Whether it’s steep hills or long, tiring commutes, this e-bike is equipped to handle it all with ease. It is a runner-up in the list of best e-bikes under 500.

The design of this mountain e-bike is just as impressive as its power. It boasts a sturdy, 26-inch frame that is perfectly suited for both city streets and rugged trails. With it, you get the versatility to conquer any path that lies ahead.

For those who like control at their fingertips, this e-bike comes with a high-quality gear system. The bike is fitted with reliable gears that are designed to offer smooth shifting in all conditions. These gears allow you to tailor your ride to your surroundings, providing an easier pedaling experience uphill and efficient cruising on flat surfaces.

One of the standout features of this Ancheer e-bike is its battery. The bike’s reliable battery system ensures long-lasting performance, making it perfect for extended rides or lengthy commutes. Moreover, the battery is cleverly designed to blend seamlessly with the bike frame, maintaining the sleek, traditional look of the bike.

3. Miclon Cybertrack 100


MICLON Cybertrack 1Electric Bike under 500$
  • 20 MPH (32 Kmh) Speed
  • Display LED
  • 350W BAFANG Motor
  • 2X Faster Charge
  • 26” Mountain Ebike
  • Suspension Fork

The Miclon Cybertrack 100 Electric Bike is a high-performance e-bike designed to take your cycling experience to the next level. It perfectly blends traditional biking features with advanced electric capabilities for an unparalleled ride.

This e-bike is powered by a 350W BAFANG motor, known for its consistent performance and reliability. With a top speed of 20MPH, the Cybertrack 100 offers brisk acceleration, allowing you to reach your destination quickly and efficiently.

One of the unique features of this e-bike is its rapid charging capability. The 36V 10.4AH battery, which is conveniently removable, charges twice as fast as standard e-bike batteries. This means less downtime between rides and more time enjoying your journeys.

It is more than just a commuter’s dream. With its 26-inch frame and sturdy construction, it doubles as an excellent mountain e-bike. Whether you’re exploring city streets or off-road trails, the bike’s Shimano 21 speed gear system and suspension fork ensure a smooth, adaptable ride.

4. Jasion EB5 E-Bike for Adults with 360Wh


Jasion EB5
  • 20 MPH (32 Kmh) Speed
  • LCD display panel
  • Brushless Motor
  • 26″ Tires 
  • Front Fork Suspension
  • Shimano 7 Speed

The Jasion EB5 Electric Bike is a remarkable blend of advanced electric features and traditional biking elements, providing a versatile and exhilarating cycling experience for adults. It is a fantastic choice for adults looking for a reliable, versatile, and powerful cycling companion. Whether you’re using it for daily commuting or adventurous rides, this e-bike is designed to make your cycling experience as enjoyable and efficient as possible.

This electric bike is equipped with a 350W brushless motor, ensuring a powerful and efficient ride. With a top speed of 20MPH, it provides the speed you need to tackle any commute or outdoor adventure swiftly and effortlessly.

A notable feature of this E-Bike is its high-capacity 360Wh removable battery. This advanced battery provides an impressive range of up to 40 miles per charge, making it ideal for both short commutes and long-distance journeys. Moreover, the removable feature allows for convenient charging, whether at home or on the go.

Additionally, the Jasion EB5 is equipped with a Shimano 7-speed gear system, offering a flexible and dynamic riding experience. The range of gears allows for easy adjustments to suit the conditions of your ride, ensuring optimal performance at all times.

5. NAKTO Electric Bike 350W


  • For both male and female
  • Up to 25 MPH
  • Led Display
  • High Speed Brushless Gear Motor
  • 6-Speed Gear Speed 
  • Removable battery
  •  Carbon Steel Frame

The NAKTO Electric Bike for Adults is a stylish and efficient transportation solution designed to redefine the way you travel. Combining the convenience of traditional bikes with the power of electricity, it offers a smooth and enjoyable ride, whether you’re commuting to work or enjoying a leisurely ride around town.

This e-bike is powered by a high-speed brushless gear motor, available in two power variants: 250W and 350W. These options provide the flexibility to choose the power that matches your riding style and terrain. The motor provides the push you need to navigate hilly routes and maintain a consistent speed, even on longer journeys.

One of the standout features is its removable battery. This feature allows for easy charging, whether you’re at home or at the office. With this e-bike, you can enjoy the assurance of a reliable, long-lasting battery that keeps you going throughout the day.

The NAKTO Electric Bike doesn’t compromise on functionality, boasting a 6-speed gear system. This ensures you have the flexibility and control to adjust your speed according to your riding conditions. Whether you’re climbing a steep incline or cruising along a flat road, the multiple gear options will cater to your needs.

6. FEOFFY Electric Bike


FEOFFY Electric Bike 750W 350W
  • 20 MPH (32 Kmh) Speed
  • 3 Level Peda Assistance
  • Pure electric mode
  • Equipped with SHIMANO 21-speed gear 
  • Removable Battery
  • Free Lock
  • 10.4Ah/48V

The FEOFFY Electric Bike is powered by either a 350W or a 750W motor, depending on the model you choose. This gives you the flexibility to select the power that best suits your cycling needs. Whether you’re facing steep inclines or cruising on flat terrains, it delivers the extra push you need to enjoy an effortless ride. The good thing is that it costs less than 500.

The bike features a 26-inch frame, designed to offer a comfortable and stable ride for adults. With its Shimano 21-speed gears, you have the flexibility to adjust your ride to your surroundings. This allows for easy pedaling uphill, efficient cruising on flat roads, and everything in between.

The FEOFFY Electric Bike comes equipped with a 36V/10.4Ah or a 48V/10.4Ah removable battery, depending on the model. The high-capacity battery ensures long-lasting performance, perfect for extended commutes or leisurely rides. Furthermore, the battery is removable, making it easy to charge wherever you are.

In conclusion, with its power, performance, and thoughtful features, it offers excellent value for money. It is a fantastic choice for

7. Sailnovo Electric Bicycle, 14” Electric Bike


Sailnovo E Bicycle
  • 3 riding modes
  • Sleek Design
  • 18.6 MPH
  • 14-inch Tyres
  • 350W powerful motor
  • Height Adjustable Seats

The Sailnovo Electric Bicycle is an innovative transportation solution designed to cater to both adults and teenagers. It combines a compact design, electric power, and foldability, offering a unique and convenient way to navigate urban environments or enjoy leisure rides.

Equipped with a robust electric system, this e-bike delivers speeds of up to 18.6MPH. This ensures a swift commute, allowing you to reach your destination efficiently while enjoying the ride.

For those who appreciate compactness and portability, the Sailnovo Electric Bicycle shines with its 14-inch design and foldability. This feature makes it easy to store and transport, perfect for urban commuters who may need to carry their e-bike on public transport or store it in limited space.

Further enhancing its versatility, the Sailnovo Electric Bicycle offers both throttle and pedal assist modes. These allow you to switch between manual pedaling and electric power, offering a personalized riding experience based on your needs and preference.

What to look for when buying the best electric bike under $500?

Go through the below checklist when you are in search of buying an e-bike in a low price:

  1. Motor Power: The first thing you’ll want to look at is the power of the electric bike’s motor. The power is usually measured in watts (W). For electric bikes under $500, you’re likely looking at motors with power ratings in the range of 200-500W. A stronger motor will provide more speed and help with steeper climbs, but it will also consume more battery life.
  2. Speed: Check the top speed the bike can reach. This typically ranges from 15 to 25 mph for budget e-bikes, which is plenty for city commuting but may not be sufficient for those wanting to go faster.
  3. Battery Life: Speaking of batteries, you’ll want to look for an e-bike that has a long battery life for longer rides. Battery life can vary greatly depending on the bike, but generally, electric bikes in this price range may offer anywhere between 15-30 miles of range on a single charge. Keep in mind, however, that the range will depend on factors like the terrain, the rider’s weight, and the level of pedal assist used.
  4. Pedal Assist and Throttle: Electric bikes typically come with either a pedal-assist system, a throttle, or both. Pedal assist provides a boost to your pedaling effort while you ride, making it easier to tackle hills and long distances. A throttle, on the other hand, allows you to ride without pedaling, more like a traditional motorcycle. Bikes in this price range might offer one or both of these features.
  5. Weight Capacity: Ensure that the e-bike can support your weight. Typically, most e-bikes can support a weight of around 220-330 pounds, but it’s essential to check the manufacturer’s specifications.
  6. Frame Material: Most electric bikes in this price range use an aluminum frame, which strikes a good balance between weight and durability. However, keep an eye out for steel frames, which can add weight but also provide extra strength.
  7. Design and Comfort: Comfort and design matter, especially if you’re going to be spending a lot of time on your bike. Look for features like adjustable seats and handlebars, a comfortable saddle, and a frame design that suits your body size and shape.
  8. Brakes and Gears: Look for an e-bike with reliable brakes. Most bikes will have either disc or rim brakes, with disc brakes generally offering better stopping power, especially in wet conditions. As for gears, if you’re planning on tackling a variety of terrains, a bike with multiple gear settings can be beneficial.
  9. Portability: If you plan to commute with your bike or live in an apartment, a folding e-bike might be a good option. They are more compact and easier to carry and store, but they might sacrifice a bit in terms of performance and comfort.
  10. Warranty: Although you’re buying a budget e-bike, it’s still an investment. Make sure to check the warranty conditions. Some brands offer longer and more comprehensive warranties than others.
  11. Reviews: Lastly, don’t forget to check user reviews. They can provide real-world insights into the bike’s performance, reliability, and overall value.

Remember, the best electric bike for you will depend on your specific needs, including your budget, where you plan to ride, and how you plan to use the bike. So, consider these factors carefully before making your purchase.

Also Read: Best Electric Bikes Under $2000

Benefits of Buying an Electric Bike Under $500

Here is the list of benefits:

  1. Affordability: Perhaps the most significant reason is the lower cost. If you’re on a tight budget, a sub-$500 electric bike can be a good entry point into the world of e-bikes without breaking the bank
  2. Great for beginners: If you’re new to the world of e-bikes, a less expensive model can be a great starting point. It allows you to experience the benefits without investing a large sum of money.
  3. Less Risk: If you’re new to e-bikes and you’re unsure about whether or not you’ll enjoy using one regularly, it makes sense to start with a more affordable model. This way, if you decide that e-biking isn’t for you, you haven’t made a substantial financial investment.
  4. Basic Transportation Needs: If you’re mainly using the bike for simple tasks like commuting a short distance to work or running errands, a less expensive bike might serve your needs perfectly fine. You might not need all the bells and whistles of a more expensive model.
  5. Beat the traffic: In congested cities, an e-bike can often get you to your destination faster than a car. Plus, you’ll save money on gas and parking.
  6. Less Maintenance: Cheaper bikes often come with fewer complex features, which means there could be fewer things to break down and maintain.
  7. Great for Learning: Lower-cost e-bikes can be an excellent way to familiarize yourself with how electric bikes operate. You can learn about e-bike maintenance and get used to riding one without the stress of potentially damaging a pricier bike.
  8. Environmentally Friendly: If you’re looking to reduce your carbon footprint but can’t afford a more expensive electric bike or an electric car, an affordable e-bike is a great alternative.
  9. Exercise and Health Benefits: E-bikes can encourage a more active lifestyle by making cycling more accessible and less strenuous, particularly for those who may be deterred by the physical effort traditional biking can require.
  10. Fun: Don’t underestimate the fun factor! Riding an e-bike can be a thrilling experience. It’s a great way to explore your city or the great outdoors.

Remember, while there are several compelling reasons to buy an electric bike under $500, it’s important to consider your individual needs and circumstances. In some cases, you might find that it’s worth investing a bit more money to get an e-bike with better performance, a longer-lasting battery, or more advanced features.

Final Words

As an expert in electric bikes, I have analyzed various models, each boasting unique features and strengths. After a comprehensive evaluation, I would highly recommend the Heybike Race Max as the best option among electric bikes under $500.

It impresses with a 500W motor, providing substantial power for your rides. A powerful motor ensures smoother rides even on hilly terrains, faster speeds, and an overall enhanced riding experience, making this bike a standout choice in its price range.


1. What should I look for when buying an electric bike under $500?

A: Consider factors such as the power of the motor, battery capacity and whether it’s removable for convenience, the quality and range of gears, the size and material of the frame, additional features like suspension for a smoother ride, and the bike’s overall weight for portability

2. Can I find a good quality electric bike for under $500?

Yes, there are many high-quality electric bikes available under $500. They might lack some high-end features found in pricier models, but many provide excellent performance and durability, perfect for daily commuting or casual riding.

3. Is the battery life good in cheaper electric bikes?

Battery life in cheaper electric bikes can vary significantly. Generally, most affordable e-bikes offer enough battery life for short to medium length commutes. Always check the estimated range from the manufacturer before purchase.

4. Are electric bikes under $500 good for long-distance rides?

It depends on the specific model and its features. Look for e-bikes with a high-capacity battery and efficient motor. However, bear in mind that e-bikes in this price range may not be suited for extremely long rides as higher-end models.

5. Are cheap electric bikes heavy?

The weight of electric bikes can vary, but they are often heavier than traditional bikes due to the added weight of the battery and motor. However, many affordable models are designed with portability in mind and use lighter materials to reduce overall weight