Best Cheap (Budget) Electric Bikes, 2024

Few e-bikes in the market can stretch the buyer’s dollar further than the Lectric XP 3.0. Of course, no one makes an e-bike as good as the XP 3.0 right out of the gate. It’s the result of listening to feedback from buyers like you and journalists like us, as well as the buying power that comes with growing sales.

As Lectric places ever larger orders with their suppliers, their costs drop and while many manufacturers send those savings to shareholders in the form of profits, Lectric placed their customers ahead of their bank accounts and passed those savings on to buyers in the form of upgraded components without an upgrade to the price.

So what makes the Lectric XP 3.0 so great? For starters, Lectric’s 500W brushless, geared hub motor and their 499Wh battery are well matched; in our testing, a rider in PAS 2 covered 33 mi. Previous versions of the XP saw mechanical disc brakes spec’d, but with the XP 3.0 they were upgraded to hydraulic discs.

We’d criticized the XP 2.0 for having a high gear that left us wanting. It wasn’t a big enough gear to reach 20 mph, even in PAS 5. Lectric swapped out the cassette for one with a noticeably higher gear, making it easier to reach top speed. And we can’t leave out the very complete accessory package, including lights, fenders and a rear rack that can take a 150 lbs payload.

One distinct advantage it has over the Portola we mentioned above is the fact that it has two different frame styles. Riders can get something more in line with their style, and the sizing on either frame will be a bit kinder to those who are taller than 6’.

Lectric is one of (if not the) sales leaders in the United States by the number of e-bikes sold, and it got there thanks to the fun ride and versatile nature of the XP. It fits most people, can do most anything, and is one of the cheapest prices around while still being packed with features. What’s not to love?

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Leading off our list of the best cheap electric bikes is the category-killer of the bunch: The Lectric XP Lite. No other e-bike on this list is as inexpensive, and nothing else at this price point instills us with enough confidence to get our thumbs up.

Compared to its big brother, the Lectric XP 3.0, the XP Lite is a study in how to shave cost without shaving quality. Where the XP 3.0 sports a 500W hub motor, the XP Lite goes with a more modest 300W motor. The XP 3.0 was equipped with a 499Wh battery, while the XP Lite received a 374Wh battery. The XP 3.0 helps riders on hills with a 7-speed Shimano drivetrain, while the XP Lite runs on a single speed. The XP 3.0 features hydraulic disc brakes, while the XP Lite includes mechanical disc brakes.

By reducing the features (wattage, battery range, multiple gears, etc.), Lectric is able to shave cost from the XP 3.0 without resorting to products that cut corners on materials or construction. This e-bike is a case-study in understanding where low-cost and worthwhile quality intersect.

While Lectric didn’t leave off front and rear lights, because safety, they did choose to eliminate fenders and a rear rack. Those are items that can be added later. What a buyer can’t do very easily is upgrade the motor or battery, so they made the two most important components their two biggest priorities.

Yes, you’ll find faster, farther-riding, more feature-inclusive options on our list of the best cheap e-bikes, but if you just want a simple e-bike for fun, you can’t go wrong with the Lectric XP Lite.

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One of the absolute highlights of the year was the Ride1UP Portola. The brand swung for the fences on its first-ever folding e-bike, and it absolutely nailed a home run in the attempt!

Until the Portola came along, the only other folding e-bike worth a darn with a $1000 MSRP was the Lectric XP 3.0. But Ride1UP was able to match it spec for spec where it counts while equipping an even mightier motor and delivering a lot of eye-appeal on the Portola’s finish.

Ride1UP equipped a 750W motor onto a small folding e-bike while giving it all it needed for a greater ride than most. It has a reinforced folding stem with two locking points to eliminate the notorious wobble many folders have. It also has great handling with a low center of gravity on its 20” tires, which helps you take advantage of the 130 lbs carrying capacity of the welded-on rear rack. That’s right, this can be a folding e-bike for two with the optional buddy package.

The Portola didn’t skimp on much of anything and evoked some “holy crap” comments from the review team when breaking down its value. You get 80mm suspension from the fork, hydraulic brakes with 180mm rotors, an 8-speed cassette with rapid-fire shifters, fenders, and finally front and rear lights. Usually, when looking at an e-bike for a thousand bucks you can downgrade, or eliminate altogether, up to three of those things. That’s not the case with the Portola.

So what’s the catch? The stock battery is on the small-side, but still capable of 16-mile rides on max power from our testing. If you’re willing to drop another $100 you can get nearly 30% more juice to make it ride further.

Whether you’re looking for an e-bike that’ll fit in your trunk, tuck away discreetly in the garage, or you just like insanely good value propositions on a bike that happens to fold, then look the Portola’s way as the best cheap folding electric bike.

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It was no fun in our younger days seeing the roller coaster sign that read, “You must be this tall to ride” and realizing that meant you were out. Well, ditto with e-bikes that only allow for those with longer inseams, or those who still have Gumby-like flexibility in their hips to ride. Bring on the step-through options for the rest of us!

The Aventon Pace 500.3 ST gets our nod as the best cheap step-through e-bike. For us, it largely comes down to feel.

There are e-bikes with lower step-over heights than the Pace’s 16 ¼“ of clearance, and many of the models on this best cheap e-bikes page even have ST frame options worth looking at too, but something about the Pace feels like it was meant to be a step-through e-bike. It’s an easy and relaxed ride that can flip a switch to provide thrilling experiences as well.

The Pace 500.3 ST seamlessly blends together commuter, city, and cruiser elements. Its handling feels graceful, and it’s a lighter option at only 53 lbs making it easy to maneuver when off the bike too. It’s also nice to see multiple frame sizes to choose from, which isn’t often the case when shopping for a cheaper e-bike.

That feel element we mentioned before wasn’t just about handling or sizing though. The 500w motor provides dialed-in acceleration thanks to the bike’s torque sensor, while the battery proved to be efficient going up to 67 miles on a single charge.

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With the Turris, Ride1UP sent a shot across the bow of all of their competitors. Very few e-bikes can retail for less than $1500 and offer worthwhile Class 3 performance. The reason why is that aiding a rider to 28 mph demands more of a motor than propelling a rider to 20 mph. If the motor isn’t well-made, the e-bike won’t last long.

So, yes, Class 3 speed is impressive in this price range. But if being speedy was the only reason to recommend the Turris, it wouldn’t be on this list. The Ride1UP Turris made our roundup of the best cheap e-bikes because at no point did Ride1UP cut corners on quality.

The 750W brushless, geared hub motor is powered by a 614Wh battery that in our testing allowed a rider to cover 51 mi.—more than 10 percent greater than Ride1UP’s own projections. The Shimano 7-speed drivetrain includes a wider-than usual 12-32 cassette, which will make hitting top speed easier as well as getting up hills. Hydraulic disc brakes paired with 180mm rotors handle bringing the Turris to a stop.

What surprised us is that those features are more than enough to justify this e-bike’s price, but Ride1UP didn’t stop there. They included a 100mm-travel suspension fork, fenders and a front light, making this nearly as full-featured as e-bikes going for hundreds of dollars more. This is an e-bike with a surprising depth of value, which is why this roundup would be incomplete without including the Ride1UP Turris.

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There are plenty of people who live in places surrounded by dirt roads. The Rad Power Bikes RadRover 6 Plus is an all-terrain/fat tire e-bike that is suited to dirt roads and trails thanks to big tires and a suspension fork. It’s a terrific choice for anyone looking to explore the unpaved world.

Riding of natural surfaces or roads that have been graded, but not paved, requires a bit more power than riding on pavement and Rad Power does a nice job of giving the RadRover 6 Plus the necessary power by building it around a 750W brushless, geared hub motor. Powering this is a 672Wh battery, good for 50 mi. of range in our testing.

4-in.-wide tires and a 60mm-travel suspension fork will smooth the bumps and ruts in the road, keeping the rider both comfortable and confident of their control. A 7-speed drivetrain and hydraulic disc brakes paired with 180mm rotors make ascending and descending hills an easy affair.

The Rad Power Bikes RadRover 6 Plus comes in two different frame designs, both a traditional design and a step-thru version. We’ve included this e-bike because the traditional frame edition is on sale and discounted by $700. There’s no better way to make something cheaper than to put it on sale, huh? We had to include the Rad Power Bikes RadRover 6 Plus in our collection of the best cheap e-bikes.

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If there is a point on which most affordable e-bikes all suffer, it’s that they tend to be on the heavy side. They feature much more steel than aluminum; lightweight materials cost more. It’s really that simple. The Aventon Soltera.2 provides a happy alternative to that, which is why it made the grade in our roundup of the best cheap electric bikes.

We won’t keep you in suspense. The Aventon Soltera.2 weighs just 46 lbs. To put that in perspective, the great majority of e-bikes we review that sell for less than $2000 weigh upwards of 60 lbs. Generally, the weight of an e-bike isn’t much of an issue. However, we recognize that there are people out there who would benefit from a lighter e-bike due to strength, range of motion or other factors (anybody that lived upstairs without an elevator can attest!).

The Aventon Soltera.2 is built around a 350W brushless, geared hub motor and a 360Wh battery. The smaller motor and battery are why the Soltera.2 is so much lighter than most other e-bikes in this price range.

The parts pick packs in plenty of value. It features a 7-speed drivetrain, mechanical disc brakes with 180mm rotors, 35mm-wide tires and an aluminum fork. We tend to prefer seeing hydraulic brakes for the extra stopping power, but the lighter weight of the Soltera.2 helps to offset this.

The combination of a large wheel (700C), narrow-ish tire and aluminum fork (not to mention aluminum frame) means the Soltera.2 will have a very responsive ride; think two-seater, not family sedan.

This is a Class 2 e-bike with a maximum assist speed of 20 mph , reachable either by pedals (whichcan be changed to go to 25 mph) or throttle. Aventon includes front and rear lights (the rear lights are pretty cool because they are integrated into the seatstays), but leaves off fenders and a rear rack. That choice serves the Soltera.2 in two ways: both less weight and less cost. It all adds up, whether we are talking gravity or wallet.

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Electric Bike Co. is perhaps best known for a buyer’s ability to customize the e-bike they buy. From the color of the frame and fork to the size battery and whether the e-bike is a single-speed or has a 7-speed drivetrain, the buyer enjoys terrific options. We included the Electric Bike Co. Model A in our roundup of the best cheap electric bikes because it’s the most affordable of their e-bikes.

The Model A summons a chopper-ish, motorcycle-inspired look. Among the choices buyers of the Model A are given is what sort of handlebar is used (they offer four choices). Someone wanting to further the motorcycle look can choose a riser bar that looks a bit like ape-hangers, while riders who want to sit more upright and look around can choose a bar with lots of backsweep.

Part of how Electric Bike Co. achieves greater affordability with the Model A is by spec’ing a 500W motor, rather than the 750W hub motor found in their more expensive models. The Model A’s 500W brushless, geared hub motor packs enough muscle to assist the rider up to Class 3 speed (it ships as a Class 2 e-bike).

And while most of the options include an upcharge, many of the color and finish choices come at no additional charge so even the rider who goes for the least expensive choices can still order a very custom e-bike.

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Sometimes you just need to get from point A to point B in the most efficient way available. And sometimes getting from A to B is too far to walk and parking is too much of a hassle to make the car practical. What to do? Well the JackRabbit is one possible answer, which is why we’ve included it in our best cheap e-bikes.

Micro e-bikes are simplified e-bikes. That is, they leave out the pedal portion of the drivetrain and use a hub motor as their sole propulsion. By leaving out the crank, pedals, chain and other parts, micro e-bike makers can shrink an e-bike down to clown-car proportions.

The JackRabbit uses a 300W brushless, geared hub motor and a 151Wh battery to zoom riders up to a 20 mph maximum speed and while a 300W motor might seem shy on the power necessary to go 20 mph, the JackRabbit weighs only 24 lbs. In eliminating the drivetrain, one brake and some of the tubing, the JackRabbit weighs less than half what most e-bikes do.

So who is JackRabbit’s target buyer? Well city dwellers would be one. Imagine your workplace is 3 mi. from home. That’s too far for most people to walk and in a crowded city parking can be difficult and expensive. The JackRabbit is an easy solution. It can cover the distance in minutes and once there can be folded into a compact enough package to make it easy to store.

Range on the JackRabbit is a modest 10 mi., but it recharges in just three hours. These could be really handy at a big college campus or sprawling work site.

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It’s a surprise that we can say “cheap” and “cargo e-bike” in the same sentence. That’s a new thing, and it’s possible thanks to the Lectric Bikes XPedition, which is why it closes out our roundup of the best cheap e-bikes.

The Lectric XPedition fits in the category of what we call compact cargo e-bikes. It’s longer than a traditional e-bike, but not by much. Where that extra length comes in handy is for families who would like to be able to pick up a kiddo from school as well as commute to work and make a stop by a grocery store.

Thanks to the integrated rear rack, the Lectric XPedition serves as a versatile car substitute. It can be outfitted with a seat for a passenger as well as foot pegs, or several different baskets for the rider who is carrying less animated passengers.

The 750W brushless, geared hub motor can produce 85Nm of torque, which means it won’t have any trouble accelerating up to speed with a passenger aboard. And thanks to a 672Wh battery, it enjoys plenty of range; in our testing, we covered 60 mi. in PAS 1.

For the rider on a tight budget but looking for maximum versatility, the Lectric XPedition is tough to beat.

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Let’s take an example from the automotive world: The Hyundai Elantra is no Ferrari. Its acceleration is modest, but it has the pep to make it onto the freeway and past that 18-wheeler. It won’t stop in 6 ft., but it can stop in 20 ft. It won’t have the sound system of a Lexus, but you won’t have any trouble singing along to Taylor Swift. It’s got seatbelts and airbags and can turn tighter than any SUV. It’s not amazing, but it’s good. These e-bikes run along similar lines.

Compared to an e-bike in the $1500-$2000 range, these e-bikes are likely to be spec’d with a motor with a bit less wattage as well as a battery that won’t offer as much range. The brakes may feature mechanical disc calipers, rather than hydraulic ones. And it may leave off some of those accessories that we love to see included, like fenders and a rack. An e-bike that tries to include all of the bells, whistles and lights is a sure sign that it has cut corners where it matters—the motor, the battery, or both.