Do you think that investing in an electric bike is a costly investment? If you think so, then you are completely wrong with this notion. And today our guide on best electric bikes under 500 reviews will clear your head with this misconception.

We all know electric bikes as the most effortless ride to take on for the daily commuting. They are available with the automatic pedaling system and offer wide range of distance with an excellent riding experience. It allows you to save the fuel consumption by leaving no carbon footprint and thus offer a physical fitness routine.

Now without wasting any time, let’s discuss the reviewed list on top 10 best electric bikes under 500 to have an outstanding commuting experience at your comfort level.

List of Best Electric Bikes under 500 $ in 2022 Reviews

Top 10 of 2022Electric Bikes under 500
1
Swagtron Folding Bicycles Swagcycle Pro

Swagtron Folding-Bicycles Swagcycle Pro

  • Specific Uses for Product: Road
  • Suspension Type: Rigid
  • Number of Speeds: 4
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2
ANCHEER Folding Electric Bicycle E Bike Scooter

ANCHEER Folding Electric Bicycle E-Bike Scooter

  • Specific Uses for Product: Road
  • Suspension Type: No
  • Number of Speeds: 1
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3
ANCHEER 500W Electric Bike Electric Commuter Bike

ANCHEER 500W Electric Bike Electric Commuter Bike

  • Specific Uses for Product: Rigid
  • Suspension Type: No
  • Number of Speeds: 3
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4
ZNH Electric Bike for Adults

ZNH Electric Bike for Adults

  • Specific Uses for Product: Road
  • Suspension Type: Front
  • Number of Speeds: 3
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5
SwagCycle EB 5 Pro Folding Bike

SwagCycle EB-5 Pro Folding Bike

  • Specific Uses for Product: Road
  • Suspension Type: Other
  • Number of Speeds: 1
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6
Shaofu Folding Electric Bike

Shaofu Folding Electric Bike

  • Specific Uses for Product: Road
  • Suspension Type: Rear
  • Number of Speeds: 7
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7
Jetson Electric Bike Bolt Folding Electric Bike

Jetson Electric Bike Bolt Folding Electric Bike

  • Specific Uses for Product: Road
  • Suspension Type: Dual
  • Number of Speeds: 1
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8
Speedrid 12 Electric Bike Electric Bicycle

Speedrid 12” Electric Bike Electric Bicycle

  • Specific Uses for Product: Road
  • Suspension Type: Front, Rear
  • Number of Speeds: 4
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9
Razor RSF350 Electric Street Bike

Razor RSF350 Electric Street Bike

  • Specific Uses for Product: Road
  • Suspension Type: Dual
  • Number of Speeds: 5
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10
Viribus 14 Electric Bike

Viribus 14″ Electric Bike

  • Specific Uses for Product: Trail
  • Suspension Type: Rigid
  • Number of Speeds: 1
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1. Swagtron Folding-Bicycles Swagcycle Pro

Swagtron Folding Pro

Swagtron Folding-Bicycles Swagcycle Pro

Key Specifications

  • Color: Black
  • Wheel Size: 10 Inches
  • Item Weight: 30.4 lbs / 13.8 kg

On the top of the list, we bring for you the name of Swagcycle Pro which is an excellent electric bike due to its superior technology of improved riding comfort. This incredible bike masterpiece allows you to commute through pathways, busy streets, or the off-road shortcuts. With the pedal-free design, you don’t have to use your legs all the time.

Its elegant and user-friendly design is powerful enough to support the weight of maximum 264 pounds. There is no need to compromise with the power, because the bike is available with amazing 350w motor power. It can easily take you through the rough terrains or the inclines which are as steep as 11-12 degrees.

Battery power of the bike is also used for charging the cell phone through USB port which is already built-in. In addition, various handy features including battery life, distance tracking or the gear adjustments are easy to monitor. You just need to pair up your bike with the SwagCyle II app for the rider’s comfort.

Bright headlights allow you to ride the bike comfortably even during the night time. Hidden compartments are also part of this bike for storing few charging cables.

Pros

  • Powerful construction quality
  • Excellent power output
  • Advanced high-tech features
  • Superior system of disk braking
  • Foldable bike design

Cons

  • Lacks suspension

2. ANCHEER Folding Electric Bicycle E-Bike Scooter

ANCHEER Folding Electric Bicycle

ANCHEER Folding Electric Bicycle E-Bike Scooter

Key Specifications

  • Color: Black
  • Wheel Size: 12 Inches
  • Item Weight: ‎36.2 lbs

If you need your ride to be supported with functional app, then this bike is a real gem for you to buy right now. This electric bike offers a self app supporting system which integrates a smooth performance in your whole ride. Through this app, the bike gives you extra information about speed tracking, battery life or the trip distance.

Through 350w motor power, the e-bike can run at the speed of 25 Km/h in just one go. You will definitely be falling in love with this bike due to its no gas temptations and hassle-free parking.

Plus, it is available with improved wheels made up of rubber to ride on slippery or uneven roads with ease. Its smart battery system allows you to ride for long hours without facing any inconvenience of running out of battery in the middle of your way. The system even monitors each power cell just to ensure the maximum efficiency.

Thus, the IPX5 waterproof design protects the bike against any water, shock or dust. Its smart folding design helps you to store the bike in some tiny spaces.

Pros

  • Portable and light in weight
  • Excellent range
  • Modern design
  • Available with app service

Cons

  • Horn is not of good quality

3. ANCHEER 500W Electric Bike Electric Commuter Bike

ANCHEER 500W Electric Bike

ANCHEER 500W Electric Bike Electric Commuter Bike

Key Specifications

  • Color: Black
  • Wheel Size: 14 Inches
  • Item Weight: ‎18kg/39.7lbs

When it comes to electric bikes with removable batteries, ANCHEERR’s masterpiece deserves your attention.

With this bike, you will be able to charge the battery on and off the bike since it comes with a 36 V removable battery. With a lightweight steel frame capable of carrying 220 pounds, this bike was manufactured using high-end materials.

With assisted and ebike modes, you can cover up to 30 miles on a single charge. This makes your wilderness ride even more thrilling. Additionally, the rugged frame can be folded in seconds and put in your car’s back seat to reach those remote locations.

Throughout the year, you can count on high-performance brakes and a superior gear shifter for dependable stopping and shifting. The 250W motor provides a significant boost for all of this, even though it may not be the best motor available.

With its removable battery, it is versatile. Providing a comfortable resting spot for long rides, the seat is matte. This bike can be folded for easy storage. The assisted and electric modes ensure maximum efficiency.

Pros

  • Battery is removable
  • Durable steel frame
  • Excellent brakes
  • Great range
  • Soft arrangement of seating

Cons

  • Does not have a headlight

4. ZNH Electric Bike for Adults, 12” Mini Small Adult Electric Bike

ZNH Electric Bike for Adults

ZNH Electric Bike for Adults

Key Specifications

  • Color: Black
  • Wheel Size: 20 Inches
  • Item Weight: ‎22.5 Kg

We’ve seen ZNH dominate many of our lists for best electric bikes under $500, and that’s for good reason. Offering a large variety of options, premium looks, and services that are hard to ignore, the brand is hard to ignore.

Folding electric bikes check all the boxes you’d expect from a high-end electric bike. The bike’s 500W motor enables it to stand up to the rigors of the city’s streets, narrow lanes, and slopes without fear of overheating. In addition, this beauty reaches 20 mph and has a huge range of 20 miles, making it irresistible.

If you are searching for the perfect ride for your personal style, this is it. From the office to the party, this is your ride. With a dolphin inspired design, the overall look and feel is sleek and stylish. Therefore, you are always one step ahead when it comes to fashion and aesthetics.

The brand’s highest tech features are present in the bike. There are few models with a top-notch braking system and superior rubber wheels. Everything that has to do with battery voltage is managed and calculated by smart battery systems. Taking care of the battery this way prevents the need for periodic visits to a mechanic.

When traveling long distances, cruise control keeps the speed steady. The waterproof IPX5 design protects users from dust, shocks, and water drops. Dual disk brakes and a headlight make it safe to use.

Pros

  • Powerful motor
  • Classic in looks
  • Advanced battery features
  • Certified in resistance to shocks, dust & water
  • Handy features of front lights

Cons

  • Lacks display for the readings

5. SwagCycle EB-5 Pro Folding Bike

SwagCycle EB-5 Pro Folding Bike

SwagCycle EB-5 Pro Folding Bike

Key Specifications

  • Color: Black/Yellow
  • Wheel Size: 14 Inches
  • Item Weight: ‎37 Pounds

Folding e-bikes can be used on roads as well as off roads. This foldable e-bike is great if you need to return with a few cargos or if you’re planning on going off-road.

The Swagtron EB-5 Pro’s biggest selling point is that it can be collapsed three times for storage. Portable, it measures 34.9 x 24.5 x 14.5 inches and weighs 37 pounds. When you have a small apartment or a busy schedule, this bike fits inside cars, desks, and subways.

Compared to our first choice, the EB-5 Pro uses less battery power since there are only two modes – power assist and pedal. In addition, the bike’s power assistance mode makes riding uphill and cruising around much easier.

In power mode, it is possible to travel 15.5 miles with the rechargeable battery alone. You can, however, get a little more than 20 miles if you alternate between pedaling and accelerating.

Due to the bike’s single speed, it’s easy to ride with just pedals alone, and we recommend pedaling more on flat terrain to save battery life. You must charge the battery for about five to seven hours; it is not removable.

With the Autoguard technology, your safety is guaranteed when you engage the brakes as the motor immediately disengages once you engage them. Your vehicle will stop instantly if you hit the brakes no matter how hard you are holding the throttle.

Pros

  • Ready-to-assemble
  • Technology Auto-guard
  • Adults and teenagers can adjust the height
  • Design with three folds
  • Disconnecting power lines quickly
  • Excellent battery life

Cons

  • Variable speed is not available
  • Battery that cannot be removed

6. Shaofu Folding Electric Bike– 350W 36V Electric Bicycle

Shaofu Folding Electric Bike

Shaofu Folding Electric Bike

Key Specifications

  • Color: Black/Red
  • Wheel Size: 12 Inches
  • Item Weight: ‎16 Kilograms

Let me begin by saying that this e-bike is incredibly affordable and packed with features. Since it runs on lithium batteries, it emits no emissions and is powered by electricity.

An LED headlight and horn are already included in the ebike, which means that you won’t need to purchase them separately. This is a huge benefit for someone who spent a small fortune on lights!

Theft of electric bicycles is a natural and understandable concern for people. A cell phone application has been developed by Shaofu to address this issue. Users can lock their folding electric bikes with this app.

Aluminum alloy is used in the frame, as well as in the rims. It weighs a respectable 12kg. I think this is one of the best-looking electric bikes I’ve ever seen, especially when you consider the size of the battery.

This bike looks like a dolphin, its design is striking. At the moment, this style is popular.

You can adjust the seat to stay comfortable. There are good batteries! You’ll be able to get between 25 and 50 kilometers from it. You will reach a top speed of 15 mph with its 350-watt motor.

Also, the charger takes only 3 hours to charge, so you won’t have to wait too long. Given the number of features this bike has, it’s difficult to believe it can be found in this price range.

Pros

  • Bluetooth and app compatible
  • Built-in headlights and rear lights
  • Brakes with discs
  • Warranty of one year
  • Setting the Cruise Control
  • Aluminized alloy frame
  • Speed of 15 mph

Cons

  • This is not a mountain bike

7. Jetson Electric Bike Bolt Folding Electric Bike

Jetson Electric Bike Bolt

Jetson Electric Bike Bolt Folding Electric Bike

Key Specifications

  • Color: Black/Red
  • Wheel Size: 12 Inches
  • Item Weight: 42 lbs

One of those e-bikes that don’t need to be pedaled is the Jetson Bolt Folding E-Bike. Charging the vehicle, adjusting the seat, and getting comfortable will allow you to enjoy the ride more. There is a throttle for increasing speed and a break clutch for slowing down or stopping it. It works like a mini scooter. No pedals are required, since the electric motor is all that is needed.

The green cruise control button can be hit when you have reached the speed you wish to maintain and don’t want to keep squeezing the throttle. When you hit this button again, the electric bike will maintain the speed.

This $500 e-bike comes with disc brakes that prevent collisions by slowing it down or stopping it. No matter how fast you go, Jetson will keep you safe. The discs are only one, so your stopping power may be slightly higher at top speed. On the bright side, you won’t accidently engage the front brakes in panic and go flying over the handlebars.

The Jetson E-Bike is a compact e-bike, but it’s not so small that it can’t be ridden by anyone taller than 5’2″. Seat height is 27″, handlebars 36″. It will provide support for a person who stands 5’9″. Just adjust it to 30″. A grippy tire will keep you from slipping, and IPX5 waterproofing will ensure that the battery and motor are protected if you ride in the rain.

Pros

  • Excellent speed
  • Great modern design
  • Powerful disc brakes
  • Suitable for the taller people
  • LED lights for night vision

Cons

  • Medium range
  • Little seating adjustment

8. Speedrid 12” Electric Bike Electric Bicycle

Speedrid 12” Electric Bike

Speedrid 12'' Electric Bike Electric Bicycle

Key Specifications

  • Color: Black
  • Wheel Size: 12 Inches
  • Item Weight: 17.5kg/38.6lbs

This bike will fit your budget if you enjoy riding bikes. The design is unique with a sophisticated finish. You can choose between black and white. The product is best suited to steep, rough roads.

The 500Watt motor of the Speedrid 14 e-bike provides a significant speed boost. This electric bicycle is powered by a 500Watt motor. It is equipped with a 48-volt battery. When moving at a maximum speed of 20 miles per hour, it is equipped with a 48-volt battery.

Assist mode has a range of 15 miles, and pedal help mode has a range of 30 miles. The suspension is incredible thanks to the carbon-steel fork. Dual discs provide reliable stopping power. A 3-speed quick shifter is integrated into the frame. A headlight is included. The cruise control feature makes riding smoother.

Your e-bike commute just became easier with the lithium-ion battery’s range of 15 miles per charge. That’s plenty for most of your journeys to and from work or a day’s adventure. You can charge it on and off as you please.

It has a cute and smart design in the shape of a dolphin. It is water-resistant to IPX5. Alloy wheels are double-layered.

Disc brakes are well equipped on both the front and rear of our electric bicycles to ensure a shorter stopping distance and greater safety. When braking, our electric bicycles automatically cut off the power supply. They are safe, easy to maintain, and make stopping a breeze.

Pros

  • It is also suitable for tall riders.
  • There are 21 Shimano gears on it.
  • 330 pounds is the maximum weight limit.
  • The headlamp is LED, and the horn is loud.
  • It is waterproof up to IPX5

Cons

  • The bike cannot be folded like other e-bikes

9. Razor RSF350 Electric Street Bike

Razor RSF350 Electric Street Bike

Razor RSF350 Electric Street Bike

Key Specifications

  • Color: Red/Black
  • Wheel Size: 14 Inches
  • Item Weight: 51 Pounds

As opposed to the above model, which is suitable for senior citizens, this model is quite popular among young people. There are two wheels on this bike. The design resembles a motorbike, but it is environmentally friendly and affordable. Red and black are its only colors.

The engine is driven by a powerful chain-driven motor that offers high torque. As a result, it contains a lead-acid battery system. The vehicle can go up to 14 mph. The battery has a voltage of 24 volts. The front and rear disc brakes are hand-operated.

Razor RSF350 has an electric motor with high torque that can accelerate at speeds up to 14 mph (22 km/h) for 30 continuous minutes.

You simply twist the throttle to feel the powerful power of this electric powered ride, using a 24V (two 12V) rechargeable, sealed lead-acid battery system.

With its combination of street-bike style and performance in a compact package, the Razor RSF350 is a true street-bike. This two-wheeler comes with custom 10” (354 mm), 3-spoke, mag wheels and a trellis-frame chassis design to provide the perfect introduction to fun on two wheels.

Pros

  • The handlebars have soft rubber grips
  • The kickstand can be retracted
  • For slip control, it has tires that are 10 inches in diameter
  • It looks like an authentic street bike
  • Teenagers will love it because it’s fun

Cons

  • It can only be used for 30 minutes continuously
  • Safety measures are few and far between

10. Viribus 14″ Electric Bike

Viribus 14″ Electric Bike

Viribus 14 Electric Bike

Key Specifications

  • Color: Black
  • Wheel Size: 14 Inches
  • Item Weight: 40 lb. (18 kg)

I’ve always enjoyed riding Vibribus electric bikes around town. A decent time can be had at the local park or beach with all the features packed inside.

You can choose between five different working modes and a five-speed gearbox. If the battery runs out midway through your trip, you won’t have to call an Uber. Additionally, it’s a great bike for meeting your regular fitness goals.

Automatically shifting the power through the five-speed gear is automatic in assisted mode. As a result, you won’t encounter any problems. With a 250w motor, you can display your riding skills on and off the street.

In assisted mode, the range is impressive at 37 miles. So if you didn’t charge the battery to its maximum, the bike offers plenty of space for any last-minute plans. You get a smooth start with the bike thanks to the sinusoidal power controller, which keeps the bike’s components safe against sudden power spikes.

Three options are available, namely pure electric, pedal-assisted, and manpower modes. KMC stainless chains are rust-resistant to ensure durability. There is a display that shows the bike’s status at all times. The wheels are 16 inches in diameter and are very responsive. On wet, sandy, and snowy tracks, the double braking system ensures accurate and fast braking.

Pros

  • Features a headlight
  • Looks attractive
  • Five-speed intelligent gearbox
  • A vast array of options
  • Powerful chain

Cons

  • Taillights are missing

Buying Guide Factors to Consider for Choosing Best Electric Bikes under 500

  • Materials

Your e-bike should be made of materials that are safe no matter how you ride it. An impact-resistant frame made of thick tubing is what you need. A steel tubing would be too heavy for the battery to last that long, so aluminum is the best choice.

It is important that the handlebars are soft enough for you to feel comfortable gripping them, but not so soft that they wear out quickly.

  • Weight

For your e-bike to achieve its top speed and mileage, it is crucial to know how much it weighs. The difference between the battery and motor on your electric bike determines how powerful it is, so you want the lightest one with the best battery and motor. As the motor and weight of the bike increases, it will travel farther and faster.

Also, take note of the e-bike’s maximum carrying capacity before riding it. Most people won’t have an issue with that carrying capacity on these e-bikes because they are all well above 250 pounds.

  • Waterproof

Getting a waterproof e-bike will come in handy if you live in a rainy area. The device will be ruined if it is ridden through a puddle if it is not waterproof, as even drops of water can short the electronic circuits.

  • Folding scheme

Foldable e-bikes come in two basic varieties: those that fold their frame, and those that fold their handlebars. Handlebar-folding bikes are usually much smaller than ordinary bikes. Their width is only 40″; however, that may rise up to 50″. Despite only folding the handlebars, the bike is small enough to fit in a regular-sized sedan trunk without any problem, even with the handlebars.

An electric bike with a foldable frame is a good choice if you have a small car or need a bike that isn’t wider than 40″. Fold it in half by unlocking the lock, and it should be about 27″ wide.

  • Pedals or no pedals

There is no doubt that this is one of the most important points in the entire e-bike discussion. Some e-bikes have pedals, while others do not, just as they can be folded into the frame or handlebars. Pedals assist in speeding up the rider, while the rider only needs to pedal lightly. If you pedal at 15 mph, you’ll feel like you are going 5 mph.

Pedal-less e-bikes are also available. It functions like a scooter: you squeeze the handlebars to accelerate, and you get a set of disc brakes that can stop your e-bike if you need them to.

There are no pedals, and moving the bike forward doesn’t require any effort from you. The electric motor will do all the work for you as you rest your legs on the foot-pegs.

Frequently Asked Questions-FAQs

1. What is the average speed in which electric bike can run?

Average speed of an electric bike is 20mph. There are some high-end bikes which can even run at the speed of 28mph.

2. Is 500w great for your e-bike?

For the daily commuting, having 200w motor for your e-bike is an excellent choice. But with 500w motor, you can guarantee take yourself on the long off-road trips.

3. In how much time you can charge the battery of your electric bike?

A depleted lithium-ion e-bike battery is normally charged in maximum 4-6 hours on advanced battery technology. Through an advanced charging mechanism, you can charge your battery in less time.

4. Is it important to charge your electric bike after each ride?

Lifespan of the battery is generally reduces if the battery is drained out. Therefore, it is always recommended to charge it up after each ride.

Conclusion

When you are left with so many of electric bike models, it gets a bit complicated for you to find something which suits your commuting requirements. But we are sure that with our complete reviewed list discussed above will make your task a bit easier and hassle-free. You can narrow down your favorite electric bike model on the basis of your daily commute requirements. All the models which we have mentioned are available under $500.

On the basis of our reviewed list, our top 3 choices are:

  1. Swagtron Folding-Bicycles Swagcycle Pro
  2. ANCHEER Folding Electric Bicycle E-Bike Scooter
  3. ANCHEER 500W Electric Bike Electric Commuter Bike

Find the electric bike which is guaranteed with high quality performance and has a sturdy build. Design needs to be sleek and modern for the regular use. Go for it now and ride on your favorite electric bike.