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Top 10 Best Bikes Under 500 | Mountain Bike | Hybrid | 2024

best bikes under 500
best bikes under 500

Bicycles have been around for centuries, and they continue to be one of the most popular transportation methods in the world. Several bikes available are ideal for you and your needs, whether you’re a novice or an expert biker. Bicycles can be a great way to get around town or to the grocery store, and they’re also great for training or commuting.
You’re in luck if you want a new bike but don’t want to spend a tone of money. There are many great bikes available for under $500. We will examine some of the top possibilities at the moment in this extensive guide. We will discuss everything, including road bikes, mountain bikes, and anything in between. In order to get the greatest possibilities for under $500, whether you’re looking for your first bike or your next bike, read on!

Consider the amount of gears, the kinds of terrain it can handle, and the level of comfort when looking for a bike under $500. We investigated the best possibilities and evaluated them for price, style, versatility, and durability.

Here are the top 10 best bikes available for less than $500.

Mongoose Status Mountain Bike

mongoose-status
Best budget mountain bike

Introducing the cannondale Mongoose Status Mountain Bike, a reliable and powerful option for any adult seeking adventure on the trails, available in bikes online. This mountain bike features an aluminum frame with hydroformed tubing and a dual suspension type, making it strong and durable for any terrain.

Frame and Suspension

The aluminum MTB frame of the Mongoose Status Mountain Bike is built to last, with hydroformed tubing that ensures strength and reliability. Its dual suspension type provides ample support and cushioning for the rider, allowing for a smooth ride over any obstacle. The powerful front suspension fork is perfect for absorbing shocks and bumps on rough terrain.

Speed and Performance

With 21-speed shifters, the Mongoose Status Mountain Bike allows for smooth gear changes on every ride. Whether you’re climbing steep hills or flying down winding trails, this bike has the speed and performance you need to take on any challenge. The 26-inch wheels fit riders 64 to 74 inches tall, ensuring a comfortable and customized fit for any rider.

Brakes and Wheels

The Mongoose Status Mountain Bike features front and rear V-brakes that ensure quick stops out on the trail. These brakes provide reliable and responsive stopping power, giving you the confidence you need to take on any terrain. The light, durable alloy rims and 26×2.125″ (diameter x width) tires roll over anything, making this bike a top performer in any environment.

Handlebars and Look

The Mongoose Status Mountain Bike boasts a riser handlebar with colored end plugs that completes the MTB look. The handlebar design ensures a comfortable and customizable grip, while the colored end plugs add a touch of style to the overall design. Whether you’re hitting the trails or cruising around town, this bike has the look and feel you need to stand out from the crowd.

Assembly

This bike comes with everything you need to assemble it yourself, including a socket wrench, 4, 5, 6, and 8 mm Allen wrenches, a 15 mm open-end wrench or adjustable wrench, wire cutters or scissors, grease, Phillips and flat blade screwdriver, and a box cutter or knife. With these tools and a little bit of elbow grease, you can have your Mongoose Status Mountain Bike up and running in no time.

PROS

  • Smooth ride thanks to the front suspension fork
  • Lightweight frame makes it easy to maneuver
  • Quick release front wheel is convenient for flat tires
  • Padded seat is comfortable for long rides

CONS

Some reviewers found the assembly difficult  

 Conclusion

The Mongoose Status Mountain Bike is a great choice for anyone who wants a durable, lightweight bike that is still fun to ride. The front suspension fork and padded seat make it a comfortable ride, while the quick-release front wheel is convenient for dealing with flat tires. The only downside is that some reviewers found it difficult to assemble. Overall, this is a great bike for anyone looking for an enjoyable ride.

Dynacraft Slick Rock Trails 26″ Mountain Bike-(Best Budge Bikes under 500)

Dynacraft-silk
best budget bikes under $500

Introducing the Dynacraft Slick Rock Trails 26″ Mountain Bike, the perfect choice for riders 13 and above who crave adventure on the trails. This mountain bike features a sturdy steel frame with a matte black and purple glow-effect paint finish, making it a stylish and reliable choice for any rider.

Frame and Suspension

The Dynacraft Slick Rock Trails 26″ Mountain Bike is built with a sturdy alloy steel frame that ensures durability and longevity. Its full suspension type provides ample support and cushioning for the rider, allowing for a smooth ride over any terrain. The lightweight alloy rims make this bike easy to maneuver and handle, giving you complete control over your ride.

Speed and Performance

With a 21-speed derailleur and grip shifters, the Dynacraft Slick Rock Trails 26″ Mountain Bike offers smooth and efficient gear changes on every ride. Whether you’re navigating rocky hills or cruising down smooth trails, this bike has the speed and performance you need to take on any challenge.

Brakes and Wheels

The Dynacraft Slick Rock Trails 26 These brakes provide ample stopping power, giving you the confidence you need to tackle any terrain. These brakes provide ample stopping power, giving you the confidence you need to tackle any terrain. The 26 inch wheel size is perfect for riders 12 years and up or over 57″ tall, ensuring a comfortable and customizable fit for any rider.

Special Features

This mountain bike also features a unique purple glow-effect paint finish, adding a touch of style and flair to the overall design. In addition, it comes with a bicycle pump included, making it easy to maintain proper tire pressure and ensure a smooth ride.

Assembly

The Dynacraft Slick Rock Trails 26″ Mountain Bike requires assembly, but comes with everything you need to put it together quickly and easily. With a little bit of effort and some basic tools, you can complete the bike assembly and have this bike up and running in no time, ready to take on any trail or adventure that comes your way.

PROS

  • Reasonably priced
  • Quality of the components
  • Easy to use
  • Padded seat is comfortable for long rides

CONS

Limited color options.

Conclusion

Overall, the Dynacraft Slick Rock Trails 26″ Mountain Bike is a great choice for those looking for an affordable mountain bike that doesn’t sacrifice quality or features. It’s a fantastic choice for both novice and experienced riders.

Zizzo Via 20” Folding Bike-(Best Budget Bikes under 500)

zizzo
best bikes under $500

The Zizzo Via 20” Folding Bike is the perfect choice for any adult rider who wants a convenient and versatile bike that can be easily carried and stored. With its lightweight aluminum frame and genuine Shimano components, this bike offers smooth and efficient performance on any ride.

Frame and Suspension

The Zizzo Via 20” Folding Bike features a lightweight aluminum frame that folds in seconds, making it easy to carry and store wherever you go. Its rigid suspension type ensures a stable and comfortable ride, while the resin folding pedals, wider comfortable saddle, and magnet catcher hold the folded frame securely together for added convenience. The folded size of the bike is H-27″ L-31″ W-12.5 and it weighs only 26.5 lb, making it one of the lightest folding fat tire bikes available.

Speed and Performance

The Zizzo Via 20” Folding Bike is equipped with genuine Shimano components and 7 speeds, making it easy to navigate any terrain with smooth and efficient gear changes. The grip style shifter ensures easy and intuitive shifting, giving you complete control over your ride.

Brakes and Wheels

This folding bike features a reliable and responsive braking system, ensuring quick and efficient stops on any ride. Its 20 inch wheel size provides a comfortable and customizable fit for riders 16-75 years of age, making it a great choice for anyone looking for a versatile and convenient bike.

Special Features

The Zizzo Via 20” Folding Bike also comes with a range of special features, including a kickstand, folding pedals, and fenders. These features make it easy to use and maintain the bike, ensuring that you can enjoy a smooth and comfortable ride every time.

Assembly

This folding bike requires some assembly, but it is easy to set up and get ready for use. With its simple and intuitive design, you can have your Zizzo Via 20” Folding Bike ready to ride in no time, no matter where your adventures take you.

PROS

  • Compact and highly portable folding design.
  • Lightweight aluminum frame for easy handling.
  • Genuine Shimano 7-speed system versatility.
  • Reasonable 26 lb weight for most.

CONS

  • Limited suspension; less comfort on rough terrain.
  • Relatively higher price for budget-conscious buyers.

Conclusion

In conclusion, the Zizzo Via is an excellent choice for those who are looking for a lightweight and durable folding bike. This bike features an aluminum frame that makes it both lightweight and durable, as well as front and rear fenders to help keep your clothes clean while you’re riding. If you’re looking for a folding bike that’s easy to carry around and can handle hills and rough terrain, then the Zizzo Via is an ideal choice for you!

Mongoose Legion Freestyle Youth BMX Bike-(Best Budget Bikes)

mongoose-leigion
best bikes under $500

 

The Mongoose Legion L20 is a perfect choice for intermediate level riders who want to get into the world of freestyle BMX. Designed for boys and girls, this bike is recommended for riders with a height between 4’8″ to 5’4″.

Frame and Brake

The folded size of the bike is H-27″ L-31″ W-12.5 and it weighs only 26.5 lb, making it one of the lightest folding fat tire bikes available. This bike has a 1-speed drivetrain, which features 170mm one-piece forged steel cranks with a 25T alloy chainring and American loose ball bottom bracket.

Wheel and Tire

The L20’s wheelset is made up of 20″ x 2.3″ tires mounted on aluminum single wall 36H rims with 3/8″ female axle front hub and 9T cog sealed bearing cassette rear hub. The bike is equipped with an aluminum U-brake and brake levers for precision speed control.

Handlebar

For maximum steering performance, the L20 features a Hi-Ten steel handlebar and fork joined by a 50mm stem and threadless sealed integrated headset. Overall, the Mongoose Legion L20 is a stylish freestyle BMX bike that offers everything a beginning rider needs to hit the streets and pop off curbs.

PROS

  • Ideal for kids passionate about BMX.
  • Durable build withstands rough riding style.
  • Offers excellent value for the price.
  • Smooth performance with responsive handling.

CONS

  • Heavier than some competitive models.
  • May require occasional maintenance due to use.

Conclusion

The Mongoose Legion Freestyle Bike is great for kids who love BMXing! The hi-tensile steel frame makes the bike durable and resistant to damage, while the 2.4″ wide tires provide good traction and stability. Additionally, the front and rear pegs are perfect for performing tricks!

Huffy Hardtail Mountain Bike-(Best Budget Bikes)

huffy hardtail
best bikes under 500 dollar

Mountain Bike Ready for Adventures

The Huffy Stone Mountain is an excellent choice for outdoor adventures, with its denim blue hardtail frame and 21 speeds that make conquering the trails easy. Assembly is a breeze with the product manual and assembly tutorial video located beside the images.

Durable and Comfortable Design

This mountain bike is ideal for riders ages 13 and up with a minimum height of 5 feet, and it features a durable steel frame backed by Huffy’s limited lifetime warranty. The suspension fork handles bumps and dips for a smoother ride, and the slight-rise handlebar enables upright riding to minimize back and shoulder strain. The premium padded ATB saddle has stitched sides for lasting quality, and Kraton grips remain comfortable to the touch.

21 Speeds for Any Riding Style

The Huffy Stone Mountain boasts an indexed Shimano TZ-31 rear derailleur combined with a micro-shift twist shifter to deliver 21 speeds on-demand. This bike is perfect for uphill climbing, downhill riding, or pure acceleration, and the removable rear derailleur guard ensures consistent gear operation.

Responsive Braking and Tires

Linear pull hand brakes provide consistent stopping action, while the 26″ X 1.95″ knobby tires tear into dirt bike paths with ease. The ATB-type resin pedals on the 3-piece crank have a responsive feel, and alloy wheels in matte black provide a stylish touch. A kickstand is included for easy parking.

Easy Assembly and Adjustment

The Huffy Stone Mountain comes with all the tools needed for easy assembly. Simply install the front wheel, handlebar, seat and pedals, and then adjust the brakes. The alloy quick release on this Cannondale bike provides easy seat height adjustment for the perfect fit. Enjoy the great outdoors on your Huffy mountain bike!

PROS

  • Suitable for diverse mountain trail terrains.
  • Affordable pricing for budget-conscious buyers.
  • Robust frame enhances durability on trails.
  • Simple assembly with user-friendly instructions.

CONS

  • Limited to basic trail features.
  • Might benefit from upgraded components.

Conclusion

The Huffy Marker is a great beginner to intermediate mountain bike because it is easy to control and maneuver. The front and rear suspension make for a more comfortable ride, while the 21 speeds ensure that you can tackle any terrain. The Shimano shifters and brakes make shifting and stopping quick and easy. The steel frame is also very durable. If you’re looking for an affordable mountain bike that performs well on all kinds of terrain, then the Huffy Marker is a great option.

Schwinn Hinge Adult Folding Bike-(Best Budget Bikes)

schwinn hinge
best cheap bikes under 500 dollar

The Schwinn Hinge folding bike is the perfect solution for anyone looking for a convenient and easy-to-store bike. Designed to fit a wide range of riders, this single-speed folding bike is ideal for commuting, city riding, or just taking a leisurely ride around town.

Frame and Wheels

Sturdy steel frame and 20-inch alloy wheels make this bike both durable and lightweight. With a convenient folding system, the bike is easy to carry, fold, and store, making it the perfect option for those with limited space. The bike includes one folding pedal and one regular pedal for easier storage and folds down to 30″x32″x11″.

Speed and Rack

Commuting is made easy with the 1-speed drivetrain that allows you to coast when you need a break. The rider + cargo weight limit is 300 pounds. The folding bike comes with full-wrap fenders to keep you clean and dry while riding, and the included rear carrying rack is perfect for your work bag.

Storage Bag and Color

The Schwinn Hinge folding bike includes a thick nylon storage bag, making it one of the more convenient bikes online to transport and store. Assembly is required, and the bike comes with Schwinn’s Limited Lifetime Warranty. With its sleek grey color and versatile design, this folding bike is the perfect choice for urban commuters and city riders.

PROS

  • Lightweight aluminum frame
  • 20-inch wheels
  • Quick and easy to fold
  • Direct-pull brakes
  • Six-speed drivetrain

CONS

  • Some assembly required
  • Not meant for off-road use

Conclusion

The Schwinn Hinge is a great choice for anyone in the market for an easy-to-fold bicycle. With a lightweight aluminum frame and 20-inch wheels, this bike is perfect for city commuting or short trips. It also has direct-pull brakes and a six-speed drivetrain, making it versatile enough to handle any terrain. So, if you’re looking for an excellent fat tire folding bike, the Schwinn Hinge should be at the top of your list!

Schwinn Loop Adult Folding Bike-(Best Budget Bike)

schwinn loop
best bikes under 500$

Schwinn Loop Adult Folding Bike, 20-inch Wheels, 7-Speed Drivetrain, Rear Carry Rack, Carrying Bag, Multiple Colors

Folding Bike

The Schwinn Loop is a folding bike that is perfect for commuters, as it can be easily stored and transported.

Lightweight Frame

The aluminum frame of the Schwinn Loop is lightweight and easy to carry, making it a great option for those on-the-go.

7-Speed Drivetrain

The 7-speed twist shifter of the Schwinn Loop provides a smooth and comfortable ride, allowing for easy gear changes.

Secure Braking System

The front and rear linear pull brakes of the Schwinn Loop deliver secure and reliable stopping power, ensuring a safe ride.

Rear Carrier

The Schwinn Loop comes equipped with a rear carrier that includes a detachable heavy gauge nylon bag for easy storage and transport.

20-Inch Wheels

The 20-inch alloy wheels with smooth rolling street tires of the Schwinn Loop provide a comfortable and efficient ride, perfect for commuting.

Multiple Colors Available

The Schwinn Loop is available in multiple colors, allowing you to choose the one that suits your style best.

PROS

  • Compact fold for easy transport and storage.
  • Durable frame and reliable performance.
  • Versatile for various riding conditions.
  • Affordable price appeals to budget-conscious buyers.

CONS

  • Some components may require occasional maintenance.
  • Limited to moderate off-road capabilities.

Conclusion

If you’re searching for a safe, reliable, and inexpensive method to move around town, the Schwinn Loop is a great option. Thanks to its small size and foldable frame, this bike is easy to store away when you’re not using it. Additionally, on this hybrid bike, its linear-pull brakes provide excellent stopping power, while its Shimano 6-speed drive train makes shifting gears a breeze. Finally, front and rear fenders keep you clean and dry while riding in muddy or wet circumstances. The Schwinn Loop Adult Folding Bike is the ideal transportation option if you want to travel cheaply and conveniently.

Eurobike’s Folding Mountain Bike-(Best Budget Bike)

Eurobike
best budget bikes

Introducing the EUROBIKE EUG7 Folding Mountain Bike, a perfect choice for adventurous riders seeking full control under any terrain. This folding mountain bike offers the following features:

21 Speed Gear Shifting

With the smoothly functioning 21 speed shifter, you can easily ride on any terrain, such as gravel roads or urban roads.

Full Suspension

The mountain bike frame has shock absorbers and a firm, strong front suspension fork that provides a comfortable ride.

Great Braking System

The disc brake system on this folding bike is faster and more reliable than traditional brake systems, allowing for more accurate and quicker braking, ensuring your safety.

27.5 Inch Wheels

The folding mountain bike has 27.5-inch wheels and fits unisex adult riders between 5’7″ and 6’1″, with a maximum capacity weight of 330 lbs.

Fast Delivery

The bike ships from NJ, with standard free shipping taking about 3-7 business days.

Easy Assembly

The folding bicycle arrives 85% assembled, with an assembly instruction video under the product image, so you can assemble it professionally.

Excellent After-Sale Service

The bicycle can be returned or exchanged within 30 days, and the parts of the bike are guaranteed for one year. If you have any problems with your bike, contact us directly, and we’ll respond within 24 hours.

The EUROBIKE EUG7 Folding Mountain Bike is the perfect choice for commuting or urban sports, providing full suspension and control under any circumstances.

PROS

  • Foldable design for easy storage and transport.
  • Suitable for various off-road terrains.
  • Affordable pricing for budget-conscious buyers
  • Durable frame for long-lasting performance.

CONS

  • May require occasional component maintenance.
  • Heavier compared to some competitors.

Conclusion

Overall, we’re very impressed with the Eurobike Folding Mountain Bike! It’s well-crafted, easy to carry, and perfect for riders who want to take on some tough terrain. We strongly advise trying out this foldable mountain bike if you’re in the market for one.

Huffy Hardtail Mountain Trail Bike-(Best Budget Bike)

huffy hardtail trail
best cheap bikes under 500

Huffy Hardtail Mountain Trail Bike is a lightweight mountain bike with 21 speeds and a military green gloss finish that’s perfect for ages 13 and up and riders with a minimum height of 5 feet.

Aluminum Frame And 21 Speeds

The lightweight aluminum hardtail frame is backed by a limited 10-year warranty and provides more rolling momentum than steel frames for easier pedaling. The bike features 21 speeds on-demand for uphill climbing, downhill riding, or pure acceleration with the indexed Shimano TZ-31 rear derailleur and micro-shift twist shifter.

Suspension Fork And Knobby Tires

The suspension fork absorbs bumps for a smoother ride on rough terrain. The knobby 26″ X 1.95″ tires provide excellent traction on dirt and gravel paths, in both wet and dry conditions.

Alloy Brakes and Rims

The alloy linear pull brakes with machined alloy wheel rims provide smooth stopping power.

Comfortable Features

The bike has a slight-rise handlebar that enables upright riding to minimize back and shoulder strain. The premium padded ATB saddle has stitched sides for quality, and the Kraton grips remain comfortable to the touch on long rides.

Easy Assembly And Kickstand

An assembly video is included to help you put the bike together quickly and easily. A kickstand is included to make parking and storage more convenient.

PROS

  • Versatile for diverse mountain trail terrains.
  • Affordable pricing for budget-conscious buyers.
  • Sturdy frame enhances trail durability.  
  • Straightforward assembly with user-friendly instructions.

CONS

  • Limited to basic trail features.
  • May benefit from component upgrades.

Conclusion

Overall, the Huffy Hardtail Mountain Trail Bike is a great option for anyone looking for an affordable mountain bike. The combination of its light weight and a number of features makes it perfect for off-road riding. It’s crucial to keep in mind that the cycle has some disadvantages. Namely, the 21 speed Shimano rear derailleur is not as high-quality as some of the other options on the market. Additionally, the bike is only available in one size (19″).

The Schwinn High Timber Youth Adult Mountain Bike-(Best Budget Bike)

Schwinn high timber
best cheap bikes under 500

The Schwinn High Timber is a versatile mountain bike for kids and adults. This bike features a durable steel frame, 21-speed Shimano shifters, and front and rear mechanical disc brakes. Additionally, the High Timber comes equipped with a front suspension fork and 2.25-inch wide tires that can tackle any terrain.

Lightweight And Alloy Crank

The Schwinn High Timber Mountain Bike has a lightweight steel frame that makes it easy to handle and maneuver. The bike comes with an alloy crank that provides steady gear changes, requiring less maintenance.

Twist Shifters And Alloy Crank

The mountain bike features twist shifters with a rear derailleur to make gear changes quick and easy. Wide Knobby Tires: The wide knobby mountain tires provide stability and balance to the rider, making it suitable for all weather and terrain types.

Quick Release Seat Posts And Perfect Fit

The included quick release seat posts make for a quick and easy adjustment. The 24-inch wheel frame is suitable for riders between 4’8” to 5’6” inches tall.

Overall, the Schwinn High Timber Mountain Bike is a great option for anyone looking for a lightweight and durable bike that can handle any terrain.

PROS

  • Durable steel frame
  • 21-speed Shimano shifters
  • Front and rear mechanical disc brakes
  • Front suspension fork
  • 2.25-inch wide tires

CONS

  • Durable construction
  • Smooth-shifting

Conclusion

The Schwinn High Timber Youth/Adult Mountain Bike is a great choice for anyone looking for a reliable and affordable mountain bike. With its durable steel frame, suspension fork, Shimano 21-speed drivetrain, linear-pull brakes, and front and rear fenders, the High Timber can easily take on any trail. So if you’re looking for a great mountain bike at an affordable price, look no further than the Schwinn High Timber Youth/Adult Mountain Bike!

Frequently Ask Questions( FAQs)

What is the best road bike under 500?

There’s no one answer to this question as everyone has their own preferences, but some of the best road bikes under 500$ include the Trek 1.5 Sport and the Specialized S-Works Venge ViAS.

Can you get a good bike for 500?

Yes, there are plenty of great bikes available for under 500$. Dynacraft Slick Rock bikes, Mongoose Status Mountain bikes, and Zizzo Via 20” Folding bikes are all great options for a budget-minded cyclist.

Why are bikes so expensive?

Bicycles are a premium product. They require a high level of quality and sturdiness in order to last. Manufacturers usually charge a high price because they believe that it is worth their time and money to produce a really good bike.

Why do bikes have genders?

Bicycles come in both male and female versions. This is done to help riders of different shapes and sizes take advantage of the bikes’ potential. Bikes are meant to be ridden, not looked at.

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