Discover the top 10 best e-bikes under $500 in 2024, perfect for budget-conscious shoppers. These affordable electric bikes offer features like foldable frames, 250W-350W motors, and ranges up to 30 miles. Ideal for city commutes and light trails, options like the Swagtron EB5 Pro Plus and Ancheer 16″ Folding Electric Bike provide practical, cost-effective solutions for your e-biking needs. Enjoy the benefits of electric biking without breaking the bank!

Here are the best 10 e-bikes under $500 in 2024, including their features, pros, and cons

1. Swagtron EB5 Pro Plus

• Features: 250W motor, 15.5 mile range, 36V 7.8Ah battery, foldable frame.
• Pros: Lightweight, portable, easy to store.
• Cons: Short range, lower power motor.
• Price: $499

2. Ancheer 16″ Folding Electric Bike

• Features: 250W motor, 15-20 mile range, 36V 8Ah battery, foldable frame.
• Pros: Compact, easy to transport, good for city commutes.
• Cons: Limited range, small wheels.
• Price: $489

3. Cyclamatic Power Plus CX1

• Features: 250W motor, 15-20 mile range, 36V 8.8Ah battery, 21-speed transmission.
• Pros: Affordable, good for light trails.
• Cons: Short range, basic components.
• Price: $499

4. Goplus 20″ Electric Folding Bike

• Features: 250W motor, 15 mile range, 36V 7.8Ah battery, foldable frame.
• Pros: Portable, easy to store.
• Cons: Short range, lower power motor.
• Price: $479

5. Shaofu Folding Electric Bike

• Features: 350W motor, 15-20 mile range, 36V 7.8Ah battery, foldable frame.
• Pros: Affordable, compact design.
• Cons: Limited range, basic components.
• Price: $429

6. Aceshin 20″ Folding Electric Bike

• Features: 250W motor, 15-20 mile range, 36V 8Ah battery, foldable frame.
• Pros: Compact, easy to transport.
• Cons: Short range, lower power motor.
• Price: $459

7. Jetson Bolt

• Features: 250W motor, 15 mile range, 36V 6Ah battery, foldable frame.
• Pros: Lightweight, portable.
• Cons: Short range, limited power.
• Price: $399

8. Merax 26″ Aluminum Electric Mountain Bike

• Features: 350W motor, 22-28 mile range, 36V 8.8Ah battery, 21-speed transmission.
• Pros: Good power, suitable for light trails.
• Cons: Basic components, slightly heavier.
• Price: $499

9. Speedrid 26″ Electric Bike

• Features: 250W motor, 15-30 mile range, 36V 8Ah battery, 21-speed transmission.
• Pros: Affordable, versatile for city and light trails.
• Cons: Limited range, lower power motor.
• Price: $469

10. Hicient 26″ Electric Mountain Bike

• Features: 250W motor, 15-25 mile range, 36V 8Ah battery, 21-speed transmission.
• Pros: Affordable, decent performance.
• Cons: Shorter range, basic components.
• Price: $489

These e-bikes offer practical and affordable options for those looking to enjoy the benefits of electric biking without breaking the bank.