Finding a high-quality cheap electric bike for less than $1,000 used to be the same as looking for a unicorn. That’s no longer the case as the affordable e-bikes on our list will show you.
Electric bikes have come a long way and e-bike technology is constantly advancing. That means that quality electric components no longer cost an arm and a leg. Instead, they’re trickling down to accessible price categories. You can now ride a well-built e-bike without spending thousands.
We’ve done some thorough research and compiled a list of the best electric bikes under $1,000. We’ve managed to find fitness, hybrid, folding, and even mountain e-bikes with decent components, dependable electronics, and attractive looks.
Make your pick!
What is the best electric bike under $1,000?
Considering the money-to-value ratio, Ride1UP Portola is the best electric bike under $1,000. This is a good-looking cheap electric bike with a seamlessly integrated motor and battery and all the accessories you could ask for. It’s an excellent choice for commuters and fitness riders on a budget.
Contents
Best Electric Bikes Under $1,000
1. Lectric XP Lite2
Best Cheap E-Bike for Short Commutes
- 300W motor & 7.8 Ah or 14 Ah battery
- Rear Hub Motor
- Pedal-assist and throttle modes
- Class 2 e-bike, 20 mph max speed
- 45 or 80 miles of range per charge
Can you remember how much fun you had on a mountain bike as a kid? You can relive those moments again with the Lectric XP Lite2. It has wide trail-ready tires and front suspension that can deal with some moderate off-road riding.
The XP Lite2 also features hydraulic disc brakes and lighting, so it has everything a proper commuter needs. It costs the same as a regular commuter bike but boasts an electric motor as well.
The XP Lite2 is an affordable electric bike, and is going to take you on not just commutes but even day adventures. The aluminum frame puts you in an upright position, so this bike is excellent for long rides and staying comfortable.
You can fine-tune the assistance you need with five pedal-assist levels and the throttle. If you get carried away, you can easily slow down with the hydraulic disc brakes.
The 300W motor has sufficient power to help you fight headwinds and climb reasonable hills. It will give you all the assistance you need.
All in all, the Lectric XP Lite2 is basic but offers good value for the money. If you have recreational riding in mind, it will meet and exceed your expectations.
2. Ride1UP Portola
Best with a Foldable Frame
- 750W motor & 10.4 Ah or 13.4 Ah battery
- 8-speed drivetrain
- Hydraulic disc brakes
- 20″ x 3″ Tires
- LCD Digital Display
Ride1UP Portola is a fast and modern e-bike with an upright frame geometry and an urban appearance. Even though this is a cheap electric bike, the motor and the battery are concealed, so it looks like a regular bike at first glance.
As a class 3 electric bicycle, Portola will assist you up to 28 mph for around 40 to 60 miles, depending on how you ride and which battery you get. Its gearing is ideal for flat areas, but you’ll need some momentum to get up steeper hills.
See More: Best Electric Commuter Bikes
Ride1UP Portola is built around a lightweight aluminum frameset, though it weighs 59 lbs because of the electronics. It comes in a single frame size suitable for 4’10”-6’4″ riders.
This bike is perfect for commuting in the city, as it has wide 20″ x 3″ tires and versatile 11T-32T gearing. It has an 8-speed drivetrain but with the help of the 750W (nominal) motor, you’ll find it easy to ride on flats and over moderate hills.
The best thing about the Portola is all the accessories you get. The package includes fenders, a kickstand, an integrated rear rack, lights, and more. Therefore, you don’t need to spend any additional money to start riding and enjoying it for all jobs.
If you want a city-style e-bike that looks smooth and rides fast for under $1,000, Ride1UP Portola is the one.
3. Buzz Centris
Best Budget Electric Bike for Casual Riders
- Pedal-assist
- Shimano 6-speed drivetrain
- Mechanical disc brakes
- 20″ wheels
The Buzz Centris is ready for on- and off-road adventures. The bike has multiple pedal-assist levels and tops out at 20mph. Plus, it’s equipped with gnarly 4″ tires.
The Centris is built around an aluminum frame but weighs around 67lb. Its battery will power you up to 40 miles, depending on how much assistance you use.
The Centris is not really built for high speeds or rough trails. We’d say the goal it tries to achieve (and succeeds) is comfort. That’s not hard, considering it has a plush saddle, wide 4″ tires, and comfortable geometry.
It puts you in an upright position, and the 500W motor will help you conquer rolling hills or make short work of headwinds. You can either ride pedal-assist or go full-throttle mode.
Considering that this is an affordable electric bike, it’s surprising that Centris gets you a 6-speed Shimano drivetrain. Fenders, front and rear racks, and light are also included.
This is a simple and affordable yet fun bike for commuting to work and back over the week and recreational rides on the weekend. It’s one of the cheapest models we recommend.
Not sure how to choose the right one? See our guide on how to choose an electric bike to fit all your needs.
4. Engwe T14
Best Budget Folding Electric Bike
- 350W motor & 48V/10Ah battery
- 20″ x 2.125″ tires
- One frame size
- Dual suspension
- Mechanical disc brakes
Despite what some people still think, e-bikes are not only made to be ridden by grannies on bike paths. Not that we have anything against grannies on bike paths, we think they’re awesome. Engwe’s T14 is a capable mini e-bike with punchy electronics and a folding frame that means you can carry it anywhere you go.
This bike sports a foldable aluminum frame, full suspension, a 350W motor, and a 480Wh battery. Even though it’s quite heavy, the motor is sufficiently strong to assist you up to more than 20mph on paved and unpaved roads.
Engwe T14 is a budget e-bike that you can use to commute, ride on bike paths, or run errands.
As a class 2 e-bike, Engwe has both pedal-assist and throttle modes with a 20mph maximum speed. The 480Wh battery will give you up to 50 miles of range.
If you ride off-road, you’ll appreciate the dual suspension that’s not common on foldable bikes. You’ll also be happy about the mechanical disc brakes. In addition to this, you also get fenders, lights, and a rear rack and use it for city commutes.
5. Gotrax 20″ Electric Bicycle
Best Cheap Electric Bike with Foldable Frame
- 350W motor & 7.8 Ah battery
- Compact 20″ tires
- Mechanical disc brakes
- Pedal-assist and throttle modes
- Foldable frame
E-bikes don’t need to be expensive, but they also don’t need to be heavy and bulky. Gotrax is a tiny electric bicycle with an accessible price and a design that lets you carry it anywhere.
It rolls on super-compact 20″ wheels but still manages to go up to 20 mph thanks to the 350W brushless rear hub motor. The integrated 7.8 Ah battery delivers a 40-mile maximum range, which is more than enough for most daily commutes.
Even though Gotrax is an affordable electric bike, it has some advanced features such as mechanical disc brakes and front and rear lights. This will give you plenty of stopping power and the necessary comfort for longer rides on pothole-filled city streets.
Gotrax is the bike you need if you want a tested product that performs well but doesn’t cost much.
The company claims that the 350W motor can deal with 15% hills. While that might be a stretch, you can definitely climb over some moderate hills, despite the single-speed drivetrain.
Gotrax also sports front and rear fenders and front and rear lights, so you can commute even in the rain or during nighttime. It’s a fun little bike with great capabilities at a low price.
6. Lectric XP4
Best Folding Electric Bicycle
- 500W motor & removable integrated battery
- Compact 20″ wheels
- Hydraulic disc brakes
- Large display and powerful lights
- Front suspension fork
Full Review of the Lectric Bikes
The majority of cheap electric bikes are often big and heavy. They take up a lot of space and are not easy to carry up a flight of stairs. If this is something that’s important to you, then Lectric XP4 is a great choice. It’s an affordable folding electric bike with a practical design and powerful electronics.
The 500W rear hub motor has plenty of torque, and the powerful battery offers a 50-mile maximum range. Moreover, the battery charges fully in a few hours, so you can extend the range by recharging it quickly in a cafe or at work.
Lectric XP4 has a utilitarian approach. It folds down into a small bundle that easily fits in your car trunk or a corner in your home. Despite the small design, Lectric managed to include a suspension fork that takes comfort to another level.
This bike also boasts an 8-speed drivetrain and hydraulic disc brakes, so maintenance is a breeze. The 500W motor will help you maintain speed when the slope goes up, which is why we listed it as one of the best electric bikes under $1,000.
See More: Best electric folding bikes
Lectric has a 28 mph maximum speed that you can achieve with pedal-assist or throttle modes. Therefore, Lectric XP4 is great for urban dwellers who have limited free space at home and want a modern bike that will propel them to higher average speeds.
7. Nakto Classic 2
Best Single-Speed Affordable E-Bike
- Sleek steel frame design
- 500W motor & 36V battery
- Throttle and Pedal-Assist modes up to 20 mph
- 300 lb maximum load
- Mechanical disc brakes
Nakto Classic 2 is a streamlined model that packs great value for the money. It has a steel frame with a 36V battery and comes with multiple accessories, which makes it practical for city riding.
The Classic 2 E-Bike is perfect for commuting in urban areas, running errands, or riding for fitness. It weighs around 70 lb. which is pretty standard for this type of ebike. It comes with a rear rack, front basket, fenders, lights, and a kickstand. That’s why it is one of the best electric bikes under $1,000.
The Nakto Classic 2 is an affordable electric bike with some entry-level components, but a decent-value package overall. It sports a 500W rear hub motor with a 36V battery, which will be enough to help you ride farther and faster on flats and moderate hills.
The Nakto Classic 2 features a 6-speed drivetrain and mechanical disc brakes, so you’ll be able to ride it comfortably even if your battery runs out.
This bike has a maximum assisted speed of 20 mph and a 25-40-mile maximum range. It comes with 26″ wheels, road-friendly tires, and a comfortable upright geometry, so it’s ideal for daily commutes around the city.
If you want an affordable electric bike that comes with simple components and a decent cool factor, the Nakto Classic 2 is an excellent choice.
FAQ
What are the disadvantages of electric bikes?
The main disadvantage of electric bikes is that they are heavier than normal bikes, due to all of the electric components. Also, electric bikes are more expensive and require more maintenance. You need to remember to charge the battery and replace it once it starts losing capacity.
How fast will a 1000w electric bike go?
A 1000W electric bike can go around 35 mph, on average. However, keep in mind that in most states e-bikes are only allowed to assist riders up to 28 mph. Therefore, keep your local laws in mind unless you’re riding on private property.
Are electric bikes worth it?
Electric bikes are worth buying for most people. They will help you ride faster, use less energy, and travel further than before. They’re ideal for commuting or to regain mobility in case you’re entering old age or dealing with some kind of injury.
Can you ride an electric bike without pedaling?
Yes, you can ride an electric bike without pedaling if it comes with a throttle. All you need to do is twist the throttle and the e-bike will start moving, just like an electric scooter. All Class 2 e-bikes and some Class 3 e-bikes have this feature.
Do you need a license for an electric bike?
No, you are not required to have a license in order to ride an electric bike in the USA. However, this is only true for Class 1, Class 2, and Class 3 e-bikes with a maximum assisted speed on 20 mph or 28 mph. Faster e-bikes might need a license.
How long do batteries last on electric bikes?
Most e-bike batteries are certified for around 800 to 1000 charges. For most riders, that translates to between 3 and 5 years of use. However, this depends on how often you ride the bike and charge the battery, as well as how you store the battery.
How much should I spend on an ebike?
If you’re on a budget, we recommend spending at least $500–$600 on you e-bike. If possible, aim to pay closer to $1,000 because you’ll get better and lighter components. But if you want to ride more seriously, $1,500–$3,000 is the golden range.
Final Thoughts
Only a few years back, you’d have to spend some serious money to join the e-biking crowd. However, things have changed for the better, and electric assistance has become significantly more accessible.
As we’ve shown you on the example of our list of the best electric bikes under $1,000, you can ride an e-bike for the price of a regular bike. These models have entry-level specs, but they perform well and have all the features beginner and recreational riders need. Here you can find the best electric bikes.
Don’t hesitate to buy one of these cheap electric bikes if you need a dependable everyday commuter or a fun weekend e-cruiser.
Very good article. It was very informative and helpful. I just purchased my first folding electric bike for less than 1000. I choose to get professional service to assemble it and have rode it a few times. I continue to educate myself about riding safety and find them very helpful. The reason I referred to this one as my first, is because I know it won’t be my last (Ecotric) I’m enjoying the experience
Hi Linda,
I am glad to hear about your experience.
Good article. For those who already have a decent bike and are on a tight budget you should look at conversion kits. For under $500 , including battery, I was able to convert my bike to an ebike. It’s still running great after two years.
Good information. I’m a retired veteran looking for an e- bike. Thanks