5 Best Folding Bikes Under 500$ – Review & Buying Guides

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Cycling is a healthy activity for everyone. Therefore, more and more people have the habit of cycling in their spare time or to work. However, people often prefer bikes that don’t take up too much space when stored at home. Therefore, folding bicycles are designed to solve this problem. Nowadays, folding bikes are quite popular in the market with many different options in terms of style and range of price. If you have a problem with the budget, and you’re looking for an affordable folding bike, it’s easy to find the best folding bikes under $500.

folding bike

You can easily find hundreds of folding bikes for under $500. Therefore, you need to carefully consider the different options to buy yourself a good folding bike. In this article, I would like to share with readers not just some suitable options but also the key things which you should consider before buying the best folding bikes under 500$.

Top 5 Best Folding Bikes Under $500

1. IDS unYOUsual U Transformer 20″ Folding City Bike Bicycle 6 Speed

IDS unYOUsual U Transformer 20" Folding City Bike Bicycle 6 Speed Shimano Gear Steel Frame Mudguard Rear Carrier Silver
  • 20 - inch folding bicycle designed for commuting and exercising.
  • Shimano 6 speed shifter and derailleur. semi-alloy front and rear V-brake.
  • WANDA 20" x 1.75 tires

The impressive feature of this folding bike is that it is lightweight. It weighs around 32 lb and is easy to be carried around. It has an aluminum alloy body which ensures that it is much lighter as compared to the other folding bike options. So, this is really a portable, compact, light folding bike.

User may choose between 6 different speed settings while riding. With the help of an easy speed shifter, you can control the speed more precisely. The gears are made from stainless steel which provides it with high durability. The seat and body can be easily adjusted which ensures that you can customize the bike as per your requirement.

This folding bike can be a good option for Great for RV’s, boats, apartments, or small-space living. It can support up to 220 lbs. Once folded, the dimensions are just 32 x 13 x 23 inches (H, L, W). When you combine all of this with the fact that it comes in many different colors, you can be sure that you will be able to pick up one of the best affordable folding bikes for under 500 dollars.

Highlighted Features:

  • Available in many different colors
  • 6 different speed settings
  • Stainless steel gears
  • Adjustable seat
  • Can be folding with Magnet catcher incorporated
  • Wheel size: 20 inches.
  • Frame Material Steel

2. Schwinn Loop Adult Folding Bike

Schwinn Loop Adult Folding Bike, 20-inch Wheels, 7-Speed Drivetrain, Rear Carry Rack, Carrying Bag, Black
  • Lightweight step-through frame folds for easy storage; Folding frame with 20-inch wheels fit riders 56 to 74 inches tall
  • 7-speed twist shifter provides smooth gear changes
  • Front and rear linear pull brakes deliver secure stops

If you are looking for a folding bike with a better wheelbase, this model can be a good choice. This bike allows you to change among 7 different speed options. Besides, this model also has 8-speed & 9-speed options; it’s also ready in a vary of colors, this can be a bonus point.

riders will never worry that your bike will be stolen again! the bike size is 29.5” x 29” x 19” (H:L:W). It allows users to fold it up and bring it indoors with you easily. Riders can even bring it on a train or bus for the ultimate all-weather bike commuting convenience! This model also consists of a rear carry rack in order to carry your possessions while riding. All of these features make this bike a good choice when you want to purchase a folding bike for under 500$.

Highlighted Features: 

  • Available in vary of colors
  • 7, 8, and 9 different speed settings
  • Stainless steel gears
  • Adjustable stem size
  • Size: 29.5” x 29” x 19” (H:L:W)
  • Easy folding up & Store with Nylon bag 
  • Wheel size: 20 inches.
  • Frame Material Steel

3. Columba 26 inch Folding Bike

Columba 26 inch Folding Bike w. 18 Speed Black (SP26S_BLK)
  • 26 inch wheels, steel frame.
  • 18 speed shifter and derailleur. alloy front and rear V-brake.
  • Kenda 26" tires/Black-26"x1.5"/Monarch-26"x1.95"/Lavender-26"x1.75".

This folding bike provides 18 different speed settings. The Black color makes it looks stronger. Its intuitive frame-folding function allows the bike’s frame to fold in on itself. So, riders can fold it up easily in 10 seconds & reduce the hassle of transporting a bike by car, train, or any other vehicle.

The 26 inches wheel ensures that you can commute to work, exercising in the park, traverse camping grounds and mountain trails – all this and more can be accomplished with this top-notch Columba folding bike.

Main Features: 

  • size & weight: 52 x 8 x 27 inches; 34 Pounds
  • Provide 18 different speed settings
  • Stainless steel gears
  • Adjustable stem size
  • Easy folding up  
  • Wheel size: 26 inches.
  • Color: ready in Blue, Black, Yellow, Silver, Purple, and Brown.
  • Supporting Max weight up to 200 lbs
  • Cons: Only fit into a cubic space of bigger 38″x14″x29″. 

4. Eurobike Mountain Bike Folding Bicycle

Eurobike 26 in Mountain Bike Folding Bicycle 21 Speed 3 Colors (Blue)
  • 21 speed shifting system folding mountain Bike;
  • Folding bicycle is easy to carry and use ,save space; Bike Dimension after fold:37.8*33.5*15.7inches
  • The double disc brake system improves braking efficiency and safety;

Key Features: 

  • Folding Mountain bike
  • size & weight: 37.8*33.5*15.7inches & 38 LBS
  • Provide 21 different speed settings
  • Stainless steel gears
  • Easy folding up & Store 
  • Wheel size: 26 inches.
  • Color: ready in vary of colors. 
  • Supporting Max weight up to 330 lbs

5. Vilano Urbana 1-speed Lightweight aluminum folding bike. 

Vilano Urbana Single Speed Folding Bike
  • Lightweight aluminum folding bike with coaster brake
  • Quickly and easily folds for storage
  • Great urban commuter in flat areas

If you are looking for a small & lightweight, the Vilano Urbana is the perfect option. This single-speed folding bike requires minimal maintenance. Besides, Its price is really affordable for all riders who are not ready with a good budget. The rack/water bottle mounts are convenient. With a comfortable saddle, buyers may consider this folding bike the ultimate stylish solution if your house doesn’t have large space but still want to go around town on your terms.

Key Features: 

  • Small Folding bike
  • price: Affordable
  • size & weight: 12″ x 32″ x 25″ inches & 21.5 lbs.
  • Stainless steel gears
  • Easy folding up & Store 
  • Wheel size: 20 inches.
  • Color: Grey
  • Supporting Max weight up to 200 lbs
  • Cons: provide only 1 speed setting. 

Last update on 2022-12-09 / Affiliate links / Images from Amazon Product Advertising API