7 Best Electric Bikes Under $500 in 2021 Review

One of the drawbacks of using a bicycle is that you might find yourself exhausted and you go anywhere unless you get back and continue pedaling the bike (or push the bike instead). That’s when electric bikes enter the picture. A good e-bike can help you traverse challenging trails. Plus, you also don’t need to spend a lot of money on your e-bike.

A $500 electric bike can give you different designs. You can get a mountain e-bike, foldable bike, or simply a lightweight electric bike. To give you an idea, here are some of the best electric bikes under $500.

Best Electric Bikes Under $500 Review

Emdaot 26” Electric Mountain Bike with Removable Lithium-Ion Battery (36V 250W)

Emdaot 26” Electric Mountain Bike with Removable Lithium-Ion Battery (36V 250W)

The Emdaot 26” Electric Mountain Bike is popular among those people who love to ride off-road trails. This mountain bike is not exactly the lightest option but it is not as heavy as you think. Part of what makes it somewhat lighter is its aluminum frame.

Though it is not the best electric mountain bike under $500, you can’t deny that it can get the job done especially for those who aren’t picky with their e-bike.

It was designed to assist users to ride comfortably even if they are traveling on an uphill road. It has a 21-speed Shimano gear to help you pedal more comfortably and lessen the effort. This comes in handy in pedal assist mode and regular bike mode.

This e-bike has three modes that you can choose from namely electric, pedal-assist, and regular bike mode. It is powered by a powerful 250W motor and large capacity 36V battery. The Lithium-Ion battery can be removed which means that you can use it like a regular bike (plus the motor, minus the battery) in case you forgot to charge the bike the night before. The electrical parts of this e-bike are enough to help you during challenging parts of the road. Plus, it also features an ergonomic handlebar plus powerful brakes.

What’s the downside to this electric bike? Since it is heavier than a typical bike, you might find yourself pedaling so hard if you end up running out of battery midway. Next, you also have to account for the fact that some users complained about the battery not charging after just a few months.

Pros:

  • Powerful motor
  • Large-capacity lithium battery
  • Aluminum frame

Cons:

  • A bit heavy for a regular bike even if you remove the battery
  • Questionable battery life

Shaofu Folding Electric Bike– 350W 36V Waterproof

Shaofu Folding Electric Bike– 350W 36V Waterproof

The best e-bike for people dealing with limited space is a folding electric bike. If you are looking for a compact and user-friendly foldable e-bike, then you might want to go after the Shaofu Folding Electric Bike.

You could argue that the Shaofu Folding Electric Bike can also fit the category of a small motorcycle. It could even be one of the best motorcycles for sale under 500 dollars.

Unlike most electric bikes that run on pure electric mode, assisted mode, or regular bike mode, this bike only runs on pure electric mode. But part of its appeal is its size once it is folded. Without a pedal and shifting gears, imagine having the ability to have a motorcycle without consuming a lot of space in your apartment.

The Shaofu Folding Electric Bike is known for its unique design. It has a standout dolphin shape that’s not only ergonomic but also fashionable at the same time.

It is powered by a powerful 350W motor and a 36V battery and runs on pure electric mode. Its motor is powerful enough to run on both flat and uphill roads.

Next, its frame is made of aluminum making it a lightweight electric bike that you can carry around especially on your daily commute.

Since it isn’t a typical bike that you can pedal, what happens when you ran out of power on your battery? You have no other choice but to carry it around.

Pros:

  • Aluminum frame
  • Powerful 350W motor
  • Foldable design
  • Unique ergonomic design

Cons:

  • Doesn’t have a pedal and only runs on electric mode

SWAGTRON Swagcycle EB-5 Lightweight & Aluminum Folding Ebike

SWAGTRON Swagcycle EB-5 Lightweight & Aluminum Folding Ebike

The Swagtron Swagcycle EB-5 Aluminum Folding E-Bike is the perfect solution for people who don’t want to get stuck in rush hour traffic. It is easy to fold and unfold allowing users to either hit the road or ride public transport. It is also a practical solution for users who are bothered by limited real estate.

The Swagtron Swagcycle EB-5 Aluminum Folding E-Bike is also handy considering its lightweight frame and small 14-inch wheels. It also arrives pre-assembled which means that you get to skip the complicated assembly process when dealing with bikes. Its motor can get you up to 15.5 miles once the battery is fully charged. It can also accommodate large users since it can carry riders up to 264 pounds. Charging time isn’t so bad too. It only takes 4-5 hours to fully charge its batteries.

So what’s not to like? For starters, if you are a tall user, might as well go for another bike. Perhaps, use a non-folding electric bike. The Swagtron Swagcycle EB-5 Lightweight Aluminum Folding Bike isn’t designed for users around 6 feet tall. And also, it doesn’t have speed options that can help you in difficult terrains in case you don’t have any power on your battery.

Pros:

  • Fast charging
  • Easy to fold and store
  • Lightweight
  • Powerful motor

Cons:

  • Single gear
  • Not designed for tall individuals

ANCHEER Folding Electric Commuter Bike

Ancheer is a popular brand when it comes to electric bikes. If you are going to do a bit of research online and read the Ancheer folding electric bike review articles, you will notice how many find this ebike as a practical solution for day to day activities.

For starters, it has a compact design that is perfect for those with limited storage. Next, it comes in handy whether you are inside a bus or if you wish to keep it under your office desk. This foldable electric bike is made of a steel frame known for its durability. However, if you are going to compare the Ancheer folding electric bike to other options in the market made of aluminum, you might find this electric bike to be slightly heavier.

But despite the weight, it is still considered by many as part of their top 10 electric bicycles. For starters, you get a 36V 8Ah lithium-ion battery that allows users to reach 15 to 30 miles depending on how dependent you are to its electric components. Also, you can charge the bike both on and off the bike, something that makes it a convenient option for most users. It is also known for its front and rear disc brakes allowing you to stop regardless if you are dealing with dry or wet roads.

If you are typically running on flat surfaces, the Ancheer Folding Electric Commuter Bike is an ideal option for you. On the other hand, if you have to traverse steep roads, be sure that you are going to run it on its bike assist or electric bike mode. This bike is only a single-speed bike.

Pros:

  • Comfortable
  • Easy to charge
  • The battery can get the bike to run 15-30 miles each charge

Cons:

  • Slightly heavier than other foldable e-bikes because of the steel frame
  • Single-speed

SAMEBIKE 14 inch Folding Electric Bike

SAMEBIKE 14 inch Folding Electric Bike

The Samebike 14-inch Folding Electric Bike is arguably the best lightweight electric bike. Imagine using an easy to fold, and easy to unfold electric bike that only weighs approximately 36 pounds. But despite being a compact foldable bike, it can support users over 240 pounds thanks to its heavy-duty design. It comes with a 7.5mAH/36V battery coupled with a 250W motor allowing users to run across different terrains regardless if it’s a flat or an uphill road.

Since it’s a commuter bike, it comes with accessories such as a horn and a front LED to make sure that the bike remains visible at night. It even has an LCD visible at daytime and night. This allows you to see which mode you are using and see if you are about to run out of power on your battery.

The only downside to this foldable e-bike is that it doesn’t come with gears that can help you pedal easier.

Pros:

  • It comes with an LCD
  • Compact design
  • Waterproof
  • Powerful motor

Cons:

  • Single-speed

ANCHEER Folding Electric Bicycle Scooter

ANCHEER Folding Electric Bicycle Scooter

The Ancheer Folding Electric Bicycle Scooter is an all-electric bike that you can use for your daily commute. It’s a favorite by those who typically ride their bike to work but too lazy to pedal on their bike. It fits underneath the desk and is compact enough to not cause any problem with other commuters in case you are carrying it inside the train.

The Ancheer Folding Electric Bicycle is made of aluminum making it light to carry around. It also comes with dual brakes for both front and rear to ensure that you have peace of mind in case you need to hit the brakes immediately. Also, the motor can achieve a speed of up to 12 to 15 miles per hour. And for a single charge, this e-bike can easily get you 12 miles.

The Ancheer Folding Electric Bicycle Scooter is unique compared to the other folding e-bikes that we’ve featured so far because it has a smart design inspired by dolphins. Next, you also don’t have to worry in case you get caught in the rain because it has IPX5 waterproof materials.

For its size, it has surprising power thanks to its 350-watt motor. It can conquer uphill without any problem.

The only issue with this electric bike is the fact that you don’t get to pedal the bike. Imagine forgetting to charge it the night before only to find yourself stuck with a bike with no pedal in the middle of the road?

Pros:

  • Compact design
  • Powerful motor
  • Lightweight
  • Waterproof

Cons:

  • No pedal

Speedrid 14” 500W Electric Commuter Bike

Speedrid 14' 500W Electric Commuter Bike

Speedrid 14″ 500W Electric Commuter Bike might be the perfect commuter bike if you are looking for a powerful e-bike that comes with a powerful motor and great features. This e-bike can reach 20mph making it one of the fastest electric bikes that we’ve featured. Next, it also comes with a 7.8mAh lithium-ion battery that can give you 18-20 miles per charge.

Next, it also has a cruise control feature that allows you to maintain a certain speed. Just twist the throttle for 8 seconds and press the switch to get the e-bike into its cruise control. And if you decide to use the pedal mode, it has a 7-speed option making it easier for the rider. The only drawback is that it is quite difficult to use for tall individuals.

Pros:

  • With cruise control
  • Waterproof
  • Can reach 18-20 miles per charge
  • With 7-speed options

Cons:

  • Not designed for tall individuals

How to Find Good Electric Bikes Under $500

Looking for the best bike for $500? To help you make your decision, we’ve come up with some of the things that you should look into in case you want to get the most out of your 500 dollar budget.

Charging time and battery capacity

If you are in the market for a 500 dollar bike that runs on a motor, then you might want to take a closer look at its electric parts. One of the most important parts that can make or break that decision is the battery. There are two things that you should be asking if you are going to check the battery of your adult electric bike.

  1. How many hours does it take to charge the battery?
  2. How many kilometers can the battery run the motor?

Even top electric bikes have batteries that will need to be charged overnight. Some batteries are fast charging but most will require at least 8 hours of charging time.

Next, you also have to consider how much distance can a fully charged battery offer you? In case you decide to run on the pure e-bike mode, how many miles/kilometers can it last?

Motor

After the battery, you also have to take a closer look at the motor. Every adult electric bike is unique. A mountain electric bike is a perfect example of an e-bike that is known for its powerful torque. It means that it has the power to carry the user plus the weight of the bike. On the other hand, you can’t expect the same performance on your average city scooters under 500 dollars.

Next, you might also want to consider the top speed of your e-bike. If you do your research and you look hard enough, it is possible to have a cheap fast electric bike.

Wheels

Whether you are buying a regular bicycle or you are looking for an electric bicycle with battery, you will have to consider the size of the wheels. Larger wheels are advantageous because you get to ride faster than bikes with smaller wheels. Also, larger wheels are easier to traverse rough roads. There are even fat bikes. These fat e-bikes have thicker tires allowing better traction on the ground.

Weight

Next, you have to look into the weight of the electric bike. We’ve touched on the subject of wheels. Does it mean that you should always go for larger wheels? What makes the 20-inch electric bike popular is the fact that it is lighter than its larger counterpart.

On top of that, because e-bikes have electronic parts that you don’t see in your typical bicycle, you can expect this to be an additional weight on your bike. In case you run out of power on your battery, heavier electric bikes are more challenging to ride than lighter ones.

The frame is another factor that can contribute to your e-bike’s weight. Steel is the heaviest material that you could go for. The industry’s gold standard when it comes to weight and durability is titanium. However, since you are looking for the best bicycles under $500, you have to be reasonable. An in-between of titanium and steel is aluminum. It is not as light as titanium but it is also durable and priced reasonably.

 Suspension

The suspension is an important consideration if you are into any bike. Does it have suspension on both front and back or it’s only present in front? The more suspension your electric bike has, the easier it is to traverse bumps and rough roads. But also, you have to consider your budget. More suspension ultimately means a more expensive electric bike. Most 500 dollar mountain bikes in the market use a hardtail design. It means that you get suspension placed in front of the bike. Then, there are those designs that can lessen the impact. Titanium is known for its dampening ability.

Storage

Real estate is getting more expensive over the years. It means that people are also dealing with smaller spaces. And when buying an electric bike, it might be a good idea to take a closer look at your storage. The best buy electric bicycle for most people with limited spaces is a foldable e-bike.

Foldable electric bikes are available in different designs. You even have foldable electric mountain bike designs. There are unique features that you should look into if you are planning to buy a foldable electric bike. For starters, you want something easy to carry. It needs to be compact and lightweight making it easy to move around and even carry inside a bus. Next, it is important to make sure that the foldable electric bike is easy to fold and unfold.

Gear

One of the things that novice bike enthusiasts miss out on is the fact that it isn’t always going to be a flat road. Let’s say that you ran out of power on your battery climbing uphill. Gear options make it easier for the user to reach the top without exerting too much effort. Most e-bikes have multiple gear options. However, some e-bikes don’t have this.

Brakes

Safety is an important factor that you should always consider. Between the typical bike and e-bikes, remember that you can go faster using the electric version. It means that you should choose a bike that has powerful and responsive brakes. Also, it is ideal to have the brakes on both front and rear.

Next, there are two types of brakes. You can choose between rim brakes and disc brakes. A disc brake applies friction on your rotor found in the middle of the wheel while a rim brake causes friction at the rim.

As for the disc brakes, you can also choose between a hydraulic and a mechanical version. A mechanical disc brake uses a steel cable to move the pistons while the hydraulic disc brake on the other hand uses a fluid system.

If you are looking for the best stopping power, then you should go with disc brakes. However, disc brakes are known for being costly and harder to maintain.

Consider your needs

If you are in the market for an adult e bike, you have to make sure that you know why you are buying one. Are you the type who loves to go outdoors and ride difficult terrains? Or maybe, you are the type who will use the e-bike for your daily commute? These are things that can affect what you will choose to buy.

Conclusion

Are you in the market for the best e bike under $500? Whether you need a folding electric bike or the best budget electric mountain bike, keep in mind that it has to fit your needs. Also, be sure to compare at least three e-bikes. This gives you a chance to see the pros and cons and get the best bang for your buck.