Many think electric bikes are expensive and cannot afford to buy them. Although it’s partially true that ebikes may cost much more than traditional bicycles, some models cost less than $1000.
I have looked through e-bike models from over 450 brands and tracked down all the models that cost less than $1,000. Then I used Google marketing programs to identify, which of these models has the biggest search volume in Google.
As a result of this research, I’ve compiled a list of the 10 most desirable e-bikes under $1000.
So if you don’t have an unlimited budget and are looking for an electric bike that provides the best bang for the buck, take a look at the list below.
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9 Best Budget Electric Bikes Under $1000
Engwe EP-2 Pro
Motor: 750W | Top Speed: 28 mph | Weight: 70 lbs | Max Payload: 330 lbs | Battery: 615Wh | Range: 50+ miles
In our review of the Engwe EP-2 Pro, I’ve personally tested and experienced its robust capabilities. This model, despite being a couple of years old, has proven its enduring value, especially evident in our YouTube review which has garnered over 125,000 views.
Now more affordable than ever, the EP-2 Pro stands out in its price range.
Weighing around 70 pounds, it’s heavier than it looks but unfolds in seconds for a quick start. It features a 750-watt rear hub motor with 80 Newton meters of torque, offering sharp and aggressive assistance once it kicks in.
The battery, neatly integrated into the frame, has a 615-watt-hour capacity, taking about 6 hours to charge, and is conveniently removable.
The bike components, including a Shimano Tourney drivetrain and mechanical disc brakes, provide sufficient functionality for its price.
It’s not just the practicality that impresses; the EP-2 Pro excels in versatility too. Its front suspension and 4-inch wide fat tires allow for comfortable rides on various terrains, from city streets to light off-road paths.
Lectric XP 3.0
Motor: 500W | Top Speed: 28 mph | Weight: 64 lbs | Max Payload: 330 lbs | Battery: 499Wh | Range: 45 miles
Lectric is one of the most popular e-bike brands in the USA and the Lectric XP 3.0 series is their best electric bike for the money.
The Lectric XP 3.0 is a foldable e-bike that comes in two different frame designs. You can either get it as a step-over or a step-through.
This $999 e-bike comes with a 500W motor that peaks at 1,000W and a 10.4Ah standard battery that can last about 45 miles on a single charge. Lectric XP 3.0 is definitely one of the best 500W e-bikes under $1000.
The Lectric XP 3.0 is also lightweight which makes it easy to transport and perfect for commuting or going on adventures. The bike is sturdy and made of durable components so you can count on riding this bike for a long time.
KBO Hurricane 2.0
Motor: 350W | Top Speed: 20 mph | Weight: 36 lbs | Max Payload: 275 lbs | Battery: 378Wh | Range: 18~53 miles
Although a young brand, KBO has a wide range of quality e-bikes, ranging from cargo to commuter bikes.
With just a weight of 36 lbs and a price of $899, the Hurricane 2.0 is their lightest and cheapest bike. It can be carried up and down the stairs easily. So the bike suits you even if you live in the apartment.
The Hurricane 2.0 has a simple and sleek design with its battery tucked into the down tube that you would almost mistake for a traditional bike at first glance.
The Hurricane comes with 700C road bike tires that have a narrow design to reduce resistance. So the ebike is great for fast commutes in urban environments.
Ride1UP Turris
Motor: 750W | Top Speed: 28 mph | Weight: 55 lbs | Max Payload: 300 lbs | Battery: 614Wh | Range: 25-45 miles
The Turris is a class 3 e-bike that you can get either as a step-through (ST) or a step-over (XR) bike. It sports a 7-speed drivetrain which gives you more torque and makes climbing hills easier.
The bike has a sturdy 6061 alloy frame that is durable and can carry a payload of up to 300 lbs even though the bike weighs just 55 lbs.
The e-bike uses a 750W motor powered by a 48V 12.8Ah battery that can last up to 45 miles on a single charge depending on your weight, the terrain, and the level of pedal assist.
Although the bike costs a little over $1,000, it has so many great features that the extra $90 is totally worth it and makes it still one of the best affordable electric bikes.
Gotrax F5
Motor: 500W | Top Speed: 20 mph | Weight: 67 lbs | Max Payload: 265 lbs | Battery: 653Wh | Range: 60 miles
The Gotrax F5 folding electric bike offers a practical combination of portability and robust performance. The normal price is $1,499 but I have seen it’s often discounted to $999.
It features 20-inch by 4-inch fat tires, which add to the bike’s weight but significantly enhance stability, making it an appealing choice for riders who prioritize a solid, grounded feel.
While most components are generic, the bike includes a substantial 652-watt-hour battery. It charges in about 5-6 hours and provides an impressive range, especially considering the bike’s affordable price tag.
Safety is bolstered by hydraulic disc brakes with 180 mm rotors, ensuring reliable stopping power. It is really rare to see hydro brakes on an e-bike in this price range.
The Gotrax F5’s foldable design is a significant feature, making it convenient for storage and transport. Despite its heavier weight, the bike maintains a stable ride, thanks to its wide tires and straightforward folding mechanism.
Velowave Spirit
Motor: 250W | Top Speed: 15 mph | Weight: 37 lbs | Max Payload: 250 lbs | Battery: 230Wh | Range: 30 miles
The Velowave Commuter e-bike, retailing for around $899, is a sleek and efficient option for city commuting. But right now, as I update this article, this bike is available for a ridiculously cheap price – $499. I doubt they will keep this price for long
Anyway, the bike has an integrated battery in a slim downtube, giving it a non-e-bike appearance. This bike’s design scores high on aesthetics, thanks to its minimalistic look with no display or throttle.
Weighing just 37.5 pounds, it is light and agile, ideal for city riding. However, high-pressure tires may reduce traction, posing a risk on slippery surfaces.
The bike is equipped with mechanical disc brakes from Camrose, a lesser-known brand compared to Shimano or Tektro, but they perform adequately. The battery has Samsung cells, but the capacity is quite low. Also, it’s non-removable, which could be a concern for long-term maintenance.
The bike includes a 250-watt Bafang motor, providing modest power suitable for flat terrains but may struggle on steep hills. During the performance test, the bike reached 18 miles per hour with light pedaling and 21 miles per hour under more effort.
If you want to learn more about the bike, I suggest this unbiased review by JohnnyNerdOut.
Starrynite Mars
Motor: 250W | Top Speed: 15.5 mph | Weight: 33 lbs | Max Payload: N/A | Battery: 280Wh | Range: 44 miles
The Starrynite Mars is a super light e-bike that weighs just about 33 lbs and has a sleek design. It uses hydraulic disc brakes which are rarely seen on bikes that are less than $1,000. The hydraulic brakes give the e-bike great stopping power and make it easier to control.
The Mars also uses the belt drive system which is often seen only on expensive models. It requires less maintenance and makes for smoother riding.
The Mars is a very quiet bike due to its belt drive system, thin puncture-resistant tires, and 250W hub motor.
The normal price of Starrynite Mars is actually more than $1,000 but it is often sold at a discount so you can easily get it for less than $1,000.
Buzz Cerrana
Motor: 350W | Top Speed: 20 mph | Weight: 57 lbs | Max Payload: N/A | Battery: 36V | Range: 40 miles
The Buzz Cerana is a 7-speed e-bike with a relaxed frame geometry like that of cruiser bikes. This makes it comfortable and relaxing to ride. The bike frame has a step-through design that is sturdy and has a whopping 10-year warranty.
Although cheap, it uses a mid-drive motor and a torque sensor which are renowned for their high performance. To get this on an entry-level bike is a big deal.
The Buzz Cerana comes with a 350W motor and peaks at 500W. The battery can be locked to keep it safe and can be removed for charging.
The Cerana also comes with a secured front basket, has front and rear lights, and it is very easy to control.
For an e-bike that is less than $1,000, the Cerana outperforms.
Fiido M1
Motor: 250W | Top Speed: 18 mph | Weight: 55 lbs | Max Payload: 264 lbs | Battery: 450Wh | Range: 45 miles
Fiido is a well-known folding bike manufacturer and the Fiido M1 is their cheapest e-bike. The M1 is easy to fold and the 450Wh Li-ion battery can be effortlessly removed for charging after the bike is folded.
The M1 comes with a 7-speed drivetrain and a 250W brushless motor that makes riding smooth and easy.
It also comes with front and rear suspension and fat tires. The full suspension and shock absorber makes riding on rough terrain and bumpy roads very easy. This makes the M1 a suitable e-bike for off-road cycling. The 20 by 4 inches fat tires also provide stability and balance.
The 36V 12.5Ah battery lasts about 40 miles on a single charge and with pedal assist the M1 maxes out at about 18.6 mph speed.
Great E-Bikes That Didn’t Make to the List
If you have a little bit more to invest, we suggest also considering value e-bikes that cost slightly over $1,000. They all come from trusted brands and often have higher-quality components. Hence the higher price.
- Wing Bikes Freedom 2 – Unique design, smart theft defense, only $100 over 1000 (Read our full review)
- Velowave Ghost – 500W motor, hydraulic suspension, fat tires, throttle on demand (Read our Velowave bikes overview)
- Electric Bike Company Model J – moped-style frame, up to 150-mile range, 10-year warranty (Read our Electric Bike Company overview)
- Velotric Thunder – Torque sensor, 25mph top speed, 52-mile max range.
- Senada Archon – 1000W all-terrain e-bike, up to the 65-mile range, 21-speed Shimano gearing (Read our Senada bikes overview)
- Magicycle Cruiser – All-terrain commuter bike, fat tires, full fenders, 750W motor (Read our full review)
- Co-op Cycles CTY e1.1 – Well-trusted e-bike by REI, 250W Bafang motor, hydraulic brakes.
- Rad Power Bikes RadRunner 2 – popular brand, 750W motor, 45-mile range, throttle on demand.
Final Words
In conclusion, finding the perfect e-bike doesn’t necessarily require a hefty investment. The market offers a variety of affordable options under $1000 that boast reasonable features and decent performance.
While these budget-friendly models may not come with top-tier components, with proper maintenance, they can reliably serve you for years to come.
This guide showcases that you don’t have to break the bank to enjoy the benefits of electric biking, making eco-friendly and convenient transportation accessible to everyone.
The founder and the editor-in-chief of the Electric Wheelers blog. With a previous background in IT, sales, and video editing, he has now established himself as a micromobility expert.
He bought his first e-scooter over 5 years ago and since then has owned dozens of e-scooters and e-bikes. His deep understanding of the technical aspects, coupled with a keen eye for market trends, enables him to provide insightful and reliable content.
His commitment to promoting sustainable and efficient urban mobility solutions has made him a respected voice in the community of eco-friendly transportation enthusiasts.
