Best Folding Bikes under 500 in 2021 – Buyer’s Guide and Review

We are facing challenging times though it is not an excuse that stops you from not to stay fit or go out to explore nature. There is no good time than right now to step out and do a fitness regime. Buying the best foldable bike is always a great thing to begin your adventure. Hence, it covers both tasks i.e. you get the fitness and explore the beauty of nature. A foldable bike can take you anywhere and makes you portable. Though we can realize that everyone is penny-pinching due to the pandemic and not interested in spending thousands of dollars on buying expensive bikes. So, we are going to help you all in finding the best Folding bikes under 500 available in the market.

Going for foldable is always a great approach especially if you are in traveling mode. Carrying full-size items is no less than a cluttered and stressful nightmare. Today our main focus is to provide you guys ease by focusing on equipment that can save your space, your headache, and sweat when you are using them. Hence, we make sure to properly research and do tests and trails on numerous bikes and sort the data to find the best folding bikes for you under your budget. We tried to get the best value for your money, as we know what suits you the best.

The focal point for any folding bike focus on different features including full portability, lightweight, and easy to use. Thus, the term “Folders” stated in folding bikes commonly referred to different meanings by the time it was invented the first time. Hence, today we would be focusing on elaborating the actual meaning of folding regarding foldable bikes. Also, the buying guide we discuss today will help the users to buy the best folding bikes under 500.

But before stepping into the main topic, we would appreciate the contribution of advanced biking technology for offering amazing modern-day folding bikes that are lightweight, streamlined, and are easy to assemble and operate by paying them gratitude and thanks.

Best Folding Bikes Under 500 Dollars Reviews

It is essential to make up your mind that you are not looking for a folding bike under 500 because it is inexpensive or cheap. You can invest in a folding bike under this range because you can get a good quality, durable bike that satisfies your needs without putting an extra burden on your pocket. Getting something best at a great price is always a smart approach.

Though, we always focus on not compromising on quality and comfort as these two important features must be your high priority. As you have to keep your bike for a longer time. Hence, making a good choice is key.

So without any further delay, we would like to share with you the list of best folding bikes under 500 available on store and online.

1.   Schwinn Loop Adult Folding Bike

Schwinn Loop Adult Folding BikeKey Specifications:

  • 20 Inches Wheel Size
  • Cantilever Brake Style
  • Number of Speed: 7
  • Bike Weight: 33 Pounds
  • Light Alloy Folding Frame
  • Front and Rear V-Brakes
  • Full Wrap Fenders


Globally, the Schwinn brand is famous for manufacturing high-quality bikes. In addition, to their popularity in standard bikes, they also manufactured folding bikes. Hence, they never disappoint their customers with this particular model range.

Their folding bikes are quite convenient, easy to use and assemble. Due to their outclass loop folding structure, you can easily set up the bike well in two fell swoops.

Additionally, it includes amazing capacity that can handle the 6 feet, height cyclist. Moreover, the unique design of the bike can sustain heavy-duty pressure, so you can easily take it with you during camping and raving. Although the sturdy frame of the bike is made up of durable steel after a nice and tight fold the bike becomes so small that it can smoothly fit into the back of your truck.

One can find these bikes super easy that can tackle small brisk gales and hills. Also, it has amazing features, for instance, a seven-speed twist Revo-shifter courtesy by Shimano, as its Shimano Tourney rear derailleur.


  • Have fenders for the back and front
  • Enable you to shift between seven different speed levels
  • Include rear carry pack along with nylon carry bag
  • Lightweight that weighs around 33 pounds
  • 20-inch wheels


  • For some riders, they believe that the handlebar should have a more convenient and better design

2.   Swagtron Folding-Bicycles Swagcycle Pro Black

Swagtron Folding-Bicycles Swagcycle Pro BlackKey Specifications

  • 10 Inches Wheel Size
  • Disc Brake Style
  • Number of Speeds: 4
  • Rigid Suspension Type
  • Bike Weight: 30.4 lbs
  • Charging Time: 3~4 hours
  • Max Load capacity: 264 lbs
  • Battery: 37v 4.4 Ah Lithium-ion


The next on our list on finding the best folding bike under 500 is the Swagtron Folding Swagcycle bike is sleek, glossy modern pro black color. Hence, the right off bat, it is critically essential to mark down that this bike has the most innovative engineered model available in the market.

The key feature of this bike lies in the rugged frame which surprisingly an easy way to fold it up. Also, it can handle up to the maximum weight of 265 pounds. In addition to the foldable frame, you can also fold the handlebars and stem of this bike with less hustle. This foldable feature helps them to carry them with ease.

For people who love modern bike technology, we got happy news for you. This is an electric bike that comes with a powerful battery which allows the bike to handle 12-degree hills and plain alike features. Thus, with the corresponding operation of the built-in app, you can enjoy more extensive features of handling and controlling the bike. Hence, this app is compatible with both IOS and Android devices and other systems.

So, the moment it is connected with the app, you can easily track your speed, location, and other astonishing aspects of your performance and environment. Overall, it is a great product. Hence, one can buy this modern bike while staying within 500 dollar budget.


  • Sleek, smooth black and white design
  • Helpful LED light
  • a storage compartment to store charging cable
  • have a built-in smartphone app that helps you track and monitor key data while traveling
  • Fully foldable
  • Includes powerful motor and rugged battery


  • The electric model bike requires some time to get used to of it
  • It doesn’t deliver many promising results during the shock absorption feature

3.   Bike USA Single Speed Folding Bicycle

Bike USA Single Speed Folding BicycleKey Description:

  • 10″/One Size Bike Size
  • Aluminum Frame Material
  • 20 Inches Wheel Size
  • Number of Speeds: 1


When you are looking for a folding bike for under 500 dollars, this bike is the most common result you will ever find. Typically, this bike from the USA folding bicycle is an easy peasy gadget that requires almost no time to assemble and disassemble. With the help of removable hooks, the riders can smoothly unhook the bike.

Interestingly, this bike is constructed with a high-quality aluminum frame which is quite light in weight. In addition, this bike includes very useful features, for instance, at the front and back of the bicycle you have reflectors that help the riders to get visible vision while keeping them safe from road accidences.

Moreover, the bike has a rear kickstand which very handy especially when you want to park the bike somewhere. Furthermore, due to the solid, smooth, and easy-to-control braking system, you can stop the bike within moments.

According to our observation, the only drawback that we feel in this bike is its design and color combination. Though for many people this is not a big concern and they are happy to buy the product that offers so many amazing features. Hence, this bike makes its way as the best folding bike under 200. So, when you consider the outstanding feature under such a reasonable price then it’s going to be hard to say no.


  • handle the maximum weight up to 250 pounds
  • ideal for the daily commute
  • ergonomically adjustable design along with useful Quick Release feature
  • brake handles on the front and back
  • 20-inch single-speed alloy frame


  • Some riders find a noticeable defect on the wheels

4.   KESPOR K7 Folding Bike for Adults

KESPOR K7 Folding Bike for AdultsKey Specifications

  • 20 Inches Wheel Size
  • Disc Brake Style
  • Number of Speeds: 7
  • Rigid Suspension Type
  • Bike Weight: 29 Pounds
  • 20″ Alloy Wheels
  • Double-wall Aluminum rim
  • Rear carrying rack


Now we have the most effective yet simple KESPOR adult bike for you in our bucket. This bike comes with a variety of many amazing features, for instance, a solid aluminum frame that is quite durable and flexible too. Additionally, a 7-speed Shimano Twist Shifter with a sturdy gear system enables the riders to topple their ways by all types of obstacles that come across.

When you start riding this folding bike, the first thing you will experience is the ease of using it. As it is relatively easy to operate and also you have a vast choice of buying this bike out of different types of colors such as black, navy, white and blue. Furthermore, the bike includes brakes at the back and front of the bike that is made from aluminum alloy. In a comparison of the previous model, the brakes in the new model help the riders to make up for the lack of speed.

Last but not the least, this bike is relatively easy to handle and provides incredible safety to the riders. Hence, for those who want a smooth and comfortable ride for a prolonged time span, we would suggest they give this bike a try. Thus, we are so sure that you will also enjoy the comfortable saddle the way we enjoy it.


  • Convenient rear carry rack included
  • Comes with back and front fenders
  • Easily handle the large weight
  • Shimano disc brakes and other components
  • Durable aluminum frame
  • Easy to fold
  • Multi-color options


  • The bike needs to be adjusted before using it for the first time.

5.   Schwinn Adapt 1, 2, and 3 Folding Bike

Schwinn Adapt 1, 2, and 3 Folding BikeKey specifications:

  • 20″ wheels Size
  • Gloss Navy Color
  • Aluminum Frame
  • Coaster Brake Style
  • Number of Speeds: 7
  • Rigid Suspension Type
  • Bike Weight: 32.6 Pounds


Just by the name, the bike Schwinn Adapt comes with three unique and outstanding models. And as per our research, we find these models as the most accessible priced models that we have mentioned in our list.

So when you ask for what sets the three models are different from one another? Then it is the number of derailleur and speeds that counts in each model.

Notably, the most popular features involve in this bike are the 7-speed Shimano Tourney derailleur and Shimano Revo Twist. Moreover, there are fenders at the back and front of this foldable bike that can protect your rear and back rack to keep them away from having any mud and water splashes.

Typically, when speaking about the rear rack that is offered by this bike then you must be aware that it is suitable to hold the small loads. Moreover, one can get an additional nylon bag to use as extra storage.

The bike Schwinn Adapt is an ideal bike particularly for users who want something for their daily commuting. Since it I a foldable bike that can be pack and unpack quickly. Also, when not in use, you can store it anywhere under your desk or beneath the train seat. In addition to this, the bike also offers an awesome comfortable ride along with the lightweight frame, compact pedal, and affordable price. As a suggestion, you can have this bike as the best folding bike under 300.


  • Backed by with limited lifetime warranty
  • Delivers optimal visibility by reflective sidewalls
  • fill wrap fenders
  • It allows the riders to switch between 7 different gears
  • Lightweight construction
  • 20-inch alloy wheels
  • easy to fold and unfold
  • Suitable for different riders with different experience levels


  • Some parts were missing

6.   Xspec 21-Speed Folding Mountain Bike

Xspec 21-Speed Folding Mountain BikeKey Specifications

  • 26 Inches Wheel Size
  • Disc Brake Style
  • Number of Speeds: 21
  • Dual Suspension Type
  • Bike Weight: 42 Pounds


Now in our bundle, we have the Xpec 21 speed folding mountain bike that holds 26 inches measurements and will be enjoyed by the riders who want different types of speeds based on their personal preferences.

The bike has versatile and flexible nature that is powered through high-quality brakes which can bring it to a halt in just a moment.

Moreover, the disc technology is used in brake which can utilize among the bike rivals. As it involves an advanced V-brake system. Note down that this bike has a dual steel suspension system that can be found at both the front and back of the bike. This way one can easily and smoothly enjoy the bike ride.

In addition to the super awesome feature, the wheel includes double-wall rimmed wheels in the bike. This helps them to have the most incredible riding experience even when traveling through rough terrain.


  • Shimano features included
  • Comes with shock absorbers at both sides front and the back
  • Made with durable high-tensile steel frame
  • Powerful brakes allow instant stopping power
  • Suitable for powerful mountain bike


  • The bike is very heavy
  • Difficult to carry it for longer time and distances

7.   EuroMini ZiZZO Heavy Duty Folding Bike

EuroMini ZiZZO Heavy Duty Folding BikeKey Specifications

  • 20 inches wheel size
  • Linear pull brake style
  • Number of speeds: 7
  • Rigid suspension type
  • Product weight: 29 pounds
  • Sports type: cycling


When the rider is looking for a cheap folding bike for sale then you can get an amazing cover by the EuroMini. This brand is famous and specializes in making the best folding bikes within your budget. Hence, with such a reasonable price one can get the most fantastic model that delivers great and offer value for money features.

Hence, this high-quality, heavy-duty folding bike has 300 pounds as the maximum capacity to handle the weight. This piece of solid body art is made with sturdy material such as aluminum that strengthens the frame and keeps it durable.

One of the perfect endurance bike a rider can have with him while doing camping or traveling to different places. With the compact size feature, this particular bike model won’t take much space in your car either.

This bike comes with the most promising features such as fenders at the back and front of the bike to protect you from dirt and mud, also it includes a handy cargo track so you can put in as much stuff as you wanted. Additionally, you can use this bike for your daily commuting.


  • It includes a magnetic catcher that keeps the bike to stay folded
  • Multi-terrain tires
  • Due to the adjustable stem, it accommodates riders of different heights
  • Includes Shimano 7-speed derailleur
  • High-quality components
  • the sturdy and lightweight frame
  • Capacity to handle weight up to 300 pounds


  • Among all the available colors of this bike, the greenish color took less attention as it looks less appealing to riders.

8.   EuroMini Folding-Bicycles EuroMini Urbano

EuroMini Folding-Bicycles EuroMini UrbanoKey Specifications

  • Wheel size: 20 inches
  • Brake style: linear pull
  • Number of speeds: 8
  • Rigid suspension type
  • Bike weight: 24.5 pounds
  • Frame size and material: 20″ 6160 aluminum alloy
  • 6° sweep black 54cm handlebar
  • Kenda kommuter 20” * 2.0″ tires


The EuroMini Urbano is one of the low-priced yet best folding bikes so far. This 20-inch bike has a marvelous design and amazing engineering property that make it lightweight. For the construction of this bike, aluminum material is used. This bike has solid, sturdy components that make it quite durable and versatile to sustain in different environmental changes. This helps you in taking your bike anywhere you want.

The most highlighted feature of this bike is its design. As this bike cover different cyclist having different heights. So, regardless of your height from five feet to six feet, this bike has a solution for you. Thus, adjust your height and you will enjoy the long-lasting traveling session.

Moreover, the bike has a carrying weight load capacity of up to 240 pounds without compromising on comfort. Hence, bring ease to the rider so he can have a comfortable ride.


  • Includes tires that can control different terrains and have double-wall rims
  • With an adjustable stem, you can easily adjust your bike according to your height
  • Includes Shimano components
  • High-quality construction made up of aluminum alloy frame


  • We hope the bike comes with an instruction manual as easier to understand version

Buying Guide –Getting the Best Folding Bike Under 500

After going through the bucket list of all the best folding bikes under 500, it’s time to talk about the tips and tricks on getting the best folding bike through buying guide. We already have an idea of what it means to you when talking about the best folding bike. As cycling is a passionate hobby that provides physical fitness while giving your brain a boost. Though choosing a bike is not as easy as it sounds, you need an in-depth understanding and know the different features that should be assessed before you make the final decision. To make your task smooth and easy we have highlighted the unique features and functions that one must keep in mind. You being a rider should already know them and make sure to narrow down your buying list options based upon these features. This way you can easily take a decision and buy the right bike as per your requirements.

Initiating with the budget is the best way to begin. Make sure you are having a flexible budget with the maximum limit i.e. buying a bike under 500 dollars. A flexible budget can help you to increase or decrease the cost to buy the best product. There is a chance of price fluctuation when buying the product from the market. The next step is to keep an eye on the pattern and mechanism of the way the bike folds and if possible note down the measurements. As it will help you in determining the exact value and you can then compare it with the available storage space that you will have to put it. This way you can answer, does that particular bike fits in your space? And sort down the options with the right product.

1.   Adjustable Parts of your foldable bike:

As we know it’s always a nice feature in your bike if it can adjust easily. Hence, having adjustable parts for your foldable bike is very useful because it allows the riders to optimize the bike position as per their individual needs along with help the rider to customize their bikes. Customization helps the rider to enjoy a more comfortable and smooth ride. As you can easily adjust the parts such as the seat, handlebar, etc of your bike.

2.   Durability and stability of your foldable bike:

Regardless of any style or size, you choose for your bike based on your personal preferences, it is always an important task to buy the bike that ensures longer durability and stability by the manufacturer. Take the deep assessment and make sure that the bike is made up of high-quality components along with the material that tends to handle numerous terrain types. Typically, the most recommended and best materials regarding the bike include aluminum and steel. Hence, anything made out of them is always the best choice to pick from them.

3.   Smooth and Comfort

When one is asking about what is the most important thing you want to be in your folding bike then my one must-have feature would be comfort and smooth design. As the main purpose of my folding bike is to get relaxed, give body and mind peace, fitness, and power boost and this won’t be possible without having a bike that brings comfort. You have to be sure that your investment in a bike must come with comfortable pedals, a saddle, a seat, wheels, and a handlebar. Thus, with the old bike you do requires the replacement with new comfy parts.

4.   Bike Brakes

The next important and foremost step that requires detailed investigation is bike brakes. Since bike brakes play a key role especially during road safety. You have to make sure that brakes are sturdy and made with good quality material. Also, you don’t feel any trouble while replacing them. Easy to use and replace should be the key parameters to check during inspecting bike brakes.

5.   An electric bike or Standard bike

Regardless of any feature, we discuss today, the one feature that you must be sure about before hitting the bike shop is to know what type of bike you want or can satisfy your need. As in the modern days of cycling, you can have the chance to choose your type of bike from the various available options.

Hence, you can have an electric bike, or the option to stick with your standard regular bike. Since in having an electric bike you have to power it with battery and motor, making it easy for people to put less effort on paddling and they can easily move from one point to another. Whereas in the standard bike you have a chain and can move by paddling them, it requires effort and energy, though it is a great exercise that helps you stay fit.

Although, both bike types have certain pros and cons. Hence, it is the choice of the user and their personal preferences that will help him make a decision.

Why you need should invest in a folding bike?

If you are still on the bottom line of investing in the folding bike or not and want more strong justification to make up your mind then I think we can help you with this. We have notch down the few amazing benefits of investing in a folding bike. And we are sure these benefits can help you the same way they helped us in taking the right decision of buying our first foldable bike.

Hence, these are the following benefits that come with a folding bike:

1.   These bikes are lightweight:

The top and most amazing feature of foldable bikes are lightweight. The beauty of foldable bikes are so famous is that they are super light in weight, yet they have the tendency to lift the weight up to 230 to even 300lbs. isn’t it interesting? Moreover, the rider can easily carry them anytime and anywhere, even while traveling, which we think is a great thing.

2.   Help you in getting into shape as it is great for exercising

Typically, the foldable bike turns to be the most amazing equipment that helps the users to get engaged in their daily exercise and make them healthy and active. Due to the convenience to carry it and portable features you can put it indoors or outdoor and create a healthy environment. Mostly, people who love cycling come with one common reason and that is cycling gave them a refreshing start, boost their energy, and restore the physical fitness that eventually helps them in getting a more active routine, clear mind, and improves their performance. So investing in something that has so many fruitful benefits is always a great deal to hatch.

3.   Portable and space saver:

These foldable bikes are a great addition to your apartment and a place where space is a big issue. As they are foldable, you can store them in any corner of your room without worrying about the space and can use them when needed. Hence, due to their lightweight construction, they can be moved around easily. So, unlike your typical bicycle, they are portable and can be carried out easily.


For today’s discussion, we are quite confident and hopeful that you can now easily find the best folding bike under 500 dollar budget. From the list of best folding bikes under 500, you are able to see the bikes’ pros and cons along with the distinguishing features that are making the best. Regardless of being compact, space-saver, and foldable, these bikes still have high-quality features and contain quite a different part such as brakes, tires, and their folding mechanism.

Though, if you are still not sure about or make your mind on which model is suitable for you and requires some more help in choosing and making the right decision, we have highlighted the key features as your buying guide. This guide is a summary that includes everything you might need at your initial stage of buying the best folding bike for you.

Regardless of any model you pick from the available list of products, you are already hitting the sky with the best and a top-quality bike that gives outstanding performance and minimal issues. But make sure you take the review carefully and focus on all the key attributes that were discussed. Doing this surely helps you in finding the right bike as per your personal preferences.

You might wonder, for us which is the best folding bike under 500? Then with no doubt, we would like to give our maximum vote to the Schwinn Loop Adult Folding Bike and make it our top-most recommendation for our riders. This bike wraps the feeling of a full-sized bike within a compact, foldable size style. And for us, this is a fantastic feature. Additionally, it has some out-class features such as speed levels, a 20-inch comfortable wheel, back and front fenders that help you in staying clean and tidy, and different storage options. Moreover, you can simply pack and unpack the bike or bring it with you while you are on the road, heading towards your favorite spots, or hit your commute.

Frequently Asked Questions (FAQ)

· Are foldable bikes worth investing in?

Yes, foldable bikes are worth investing on, as they are the perfect option for commuters. Their easy functionality help in making your transport easier especially when you are using public transportation. Easy to carry so you don’t have to worry about being stolen, lightweight, and portable.

· How much should one spend on buying a folding bike?

When you are on buying a foldable bike, make sure you are having a flexible budget between 500 to 1500 USD. This is the optimum range for a good foldable bike. Anything below 200 USD is not suitable for you as it will provide low durability, poor quality of components, and will be heavier.

· Can folding bikes easily go uphill?

Typically, the folding bikes have an amazing range of gear inches feature that is as wider as standard bikes, hence, it allows them to smoothly ride uphill.

· How can one lock a foldable bike?

One can easily lock the bike by using a magnetic catcher. Take a look at the bike and you will find a magnetic catcher feature enable in them. Hence, this feature allows the rider to keep the bike secure by locking it whenever it is folded. Other options include keeping a strap or a bag with you and pack it after you fold it.

· Should you purchase an electric foldable bike?

To bring ease and more comfort, electric bikes are adding more value for your money. These modern design technologies are holding outstanding powerful motors and batteries along with a display screen to visualize, monitor, and track different attributes such as current location, distance travel, etc.

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