With the entire world on the cusp of an electric revolution, there has never been a better time to buy an electric bike. Not only are they better for the environment, but they’re also incredibly fun to ride. And, thanks to advances in technology, you don’t have to spend a fortune to get your hands on a great bike. In fact, there are now a number of excellent options for eBikes under $1000.

In this article, we’ll take a look at 7 (+a bonus) of the best electric bikes on the market for under a thousand US dollars. Some of these bikes are under $700, let alone $1k. So, choose the one depending on your budget and the features you want.

Things To Consider When Buying an Affordable Electric Bike

Sometimes cheaper bikes tend to lack some primary metrics. So, consider these factors when choosing a cheap electric bike. All the products featured in this article are picked having these factors in mind.

Motor Power

Motor power is of utmost importance. Some ebikes may come with substandard motors, thus reducing the acceleration or power. High wattage equates more power and maximum speed your bicycle will deliver. Also, this will demonstrate its versatility to handle different environments like terrains.

Anything over 250W is decent but if you can get a bike with 500W motor power for under 1000 bucks, prioritize it over others.


Range / Battery

Inexpensive electric bicycles tend to feature batteries with smaller capacities because batteries take up a bulk of the overall cost. The more powerful and stronger the battery is, the higher the range it will cover on a single charge. Simply, this is known as the range of the ebike. Thus, the size and ALSO the quality of the battery matter.

A range of 20+ miles (in throttle mode) is a good choice for most people


Build Quality

Build quality is another thing to look for before splashing out your bunch of dollars. The main question that should pop up in your mind is; what material is the electric bike made from? And does the material match the quality you need?

Also, if you are on the heavier side, you might need a bike with good payload capacity. Check out our electric bikes for heavy riders buying guide.

Best Budget eBikes Under $1000 – Our Top Picks

Okay, let us dive deep into our review. All of these bikes are handpicked by us based on the price-to-feature ratio and brand reputation. If you have any other bikes to suggest, please let us know in the comments at the end of this post.

If you’ve been on the hunt for an electric bike, but haven’t been sure where to start, you won’t go wrong with these ebikes.

1. Lectric XP Lite

When looking to buy a budget electric bike, you probably would not expect to come across one that is foldable and available at an affordable price. But that’s what you get with the Lectric XP Lite.

Available at just about $800, that’s definitely a compelling price given the features and convenience that comes with this package. One thing that we found interesting about this bike is that it has a natural feel, thanks to the seamless motor integration.

What this means is that you won’t feel the ‘jerk’ when the motor kicks in, which can often be an issue with other electric bikes. The 300W brushless motor is powered by a 48V battery system that provides enough power when you need it, without being overbearing.

While it may not be a deal breaker, you may frown a little bit upon learning that as one of the best affordable electric bikes available, the XP Lite lacks suspension and gears.

But if those are super important features to you, then we believe that the more advanced XP Step-Thru 2.0 should be a great alternative. Of course, the price will be a tad higher at just over $1,000, but it’s worth it for the extra comfort and convenience.

Important features of the XP Lite

  • Size (folded): 36 x 16 x 27 in.
  • Size (unfolded): 63 x 25 x 41.5 in.
  • Weight: 46 lbs
  • Battery weight: 7 lbs
  • Top speed: 20 mph
  • Range (throttle only): 15 mi
  • Range (pedal assist): up to 40 mi.
  • Motor power: 300W (720W peak)
  • Payload: 275 lbs
  • Rear rack: 55 lbs
  • Rider height: ideal height is 5.0′ to 6.0′


2. Jasion EB7

The Jasion EB7 is another super interesting entry on this list. This is, undeniably, one of the best budget electric bikes that you can use your hard-earned money on, given all the unique features that it offers.

To start with, we were so surprised that an eBike listed at just about a grand would come with a dual suspension frame. While it’s not a wonder to see an e-bike that comes with such suspension settings, a majority of them are expensive.

And that’s not all the uniqueness that this affordable electric bike had to offer. We also quickly learned that it has a completely hidden battery which gives it a sleek and stylish look. To say the least, this bike looks more expensive than it actually is.

The Jasion EB7 also has a powerful motor of 500 watts that allows it to attain speeds of up to 25 mph. Thanks to the 48V 10Ah battery, this eBike can cover a distance of up to 40 miles, even though that will depend on a variety of factors. For those who only need a little help when pedaling, this bike also comes with 5 levels of pedal assist.

And you know what? This is a fat tire bike, which means that you can use it on any terrain, whether it be snow, sand, or dirt. No matter the terrain, this bike will get you through with no issues whatsoever.

For the more gentle rider, the Jasion EB5 should be a good alternative, given that it’s cheaper (a lot cheaper) and still comfortable. Even though it’s not foldable, it’s light enough to carry around, so if you don’t have an elevator to your apartment, that won’t be an issue.

Nonetheless, we can assure you that the EB7 is one of the best ebikes for the money.

Important features of the Jasion EB7

  • Weight: 59.5 lbs
  • Size (unfolded): 68 x 25 x 47 in
  • Size (folded): 36 x 29 x 21 in
  • Motor: 500W brushless gear motor
  • Battery rating: 48V 10Ah
  • Top speed: 28 mph
  • Pedal assist: 5 levels
  • Maximum range: 40 miles
  • Max payload: 300 lbs
  • Ideal rider height: 5’2″-6’2″


3. Gyroor C3 Folding Electric Bike

The Gyroor C3 is one of the best budget electric bikes for persons looking to enhance their city commuting, coming in at. Equipped with a 450W high-speed brushless motor, you can reach a top speed of 18.6 Mph which is more than fast enough for zipping around town.

The motor is powered by a 36V 10Ah Lithium-ion battery that can take you up to 28 miles on a single charge (throttle only). If you’re looking to extend that range, there are 3 levels of pedal assist that can take you up to 38 miles.

Folding bikes are all the rage these days and the Gyroor C3 does not disappoint in that department. It can be quickly and easily folded in just seconds, making it a great option for those who need to save space.

And when it’s folded, it’s still small enough to fit in the trunk of a car or take on public transportation.

Notable features of the Gyroor C3

  • Size: 30.7 x 26.1 in. (when folded)
  • Weight: 47.8 lbs
  • Motor: 450W
  • Battery: 36V 10 Ah
  • Top speed: 18.6 mph
  • Range (throttle only): Up to 28 mi.
  • Range (pedal assist): Up to 38 mi.
  • Battery tracking: LCD panel
  • Payload: 265 lbs
  • Folding: Semi folding
  • Rider height: Ideal height is 5.0′-6.0′


4. Hiboy P7 Commuter Electric Bike

The P7 commuter e-Bike is a perfect choice for the rider who wishes to strike a balance between riding on the pavement and taking on rugged paths. While it’s not a specially-designed all-terrain bike, it’s like a conventional mountain bike with power to the wheels.

This one comes with a 48V, 15Ah battery that is enough to power the 500W high-speed motor fitted to the rear hub. This electrical setup is designed to churn out enough power to cover a maximum range of 37 miles when using the fully electric mode (throttle mode).

Switch to the lowest of the 5 pedal assist levels and you can max out the range to 68 miles. There are times when speed is of the essence, and when such times come up, you should be able to reach a top speed of 28 Mph when using the PAS mode. If again, you’d rather stay with the throttle mode, you should be able to comfortably hit a maximum speed of 21 Mph.


When you go off-road and ride in adverse weather conditions, you can expect the mechanical disc brake system to provide reliable stopping power when you need it.

You can also find this bike on Amazon, here is the link

Top features of the P7 commuter e-bike

  • Battery specs: 48V, 15Ah
  • Motor rating: 500W
  • Charging time: 7-8 hours
  • Payload capacity: 265 lbs.
  • Weight: 65 lbs.
  • Top speed: 28 Mph, pedal assist
  • Maximum range: 68 miles, pedal assist
  • Maximum climbing incline: 20°
  • Recommended rider height: 5’4”-6’5”


5. Ecotric 500W Foldable eBike

Going for a bumpy ride? The Ecotric 500W eBike can take it. This bike is equipped with a powerful 500W motor and large 20″ tires that can handle any terrain you throw at it.

We can’t even emphasize enough how well this bike handles rugged terrain. And given that it costs just below $900 and comes with a 500W motor, it’s definitely one of the best-valued ebikes under $1,000.

The lithium battery on this bike is also impressive, with a 36V/12Ah rating that will give you a range of up to 23 miles on a single charge. And with 3 levels of pedal assist to choose from, you can customize your ride to match your needs.

When you’re done riding, the Ecotric 500W eBike is easy to fold up and take with you, thanks to its lightweight aluminum frame. It also comes with fenders for braving the elements, so if off-roading is your thing, this bike is definitely worth considering.

Important features of the Ecotric 500W Bike

  • Weight: 52 lbs
  • Battery rating: 36V 12 Ah
  • Motor rating: 500W
  • Range: Up to 23 mi
  • Top speed: 20 mph
  • Pedal assist: 3 levels
  • Rider max weight: 260 lbs
  • Rider height: 5’1″-5’9″


6. Ride1Up Core-5

The bikes in this article are supposed to be valued at less than $1,000, but this one had to be an exception. Exceeding the $1,000 mark by just about $45, this one may be a little bit more expensive. But the features make up for the higher price, and the high ratings prove it.

To start with, the bike is made of a lightweight 6061 alloy frame that brings the total weight of the bike to around 49 lbs. making it easy to haul around. But don’t be fooled – this is a sturdy bike, considering that it can handle a payload of 300 lbs. With such capabilities, you need a lot of pulling power, and that’s why the Core-5 is equipped with a 750W geared hub motor, powered by a 48V, 12.8Ah LG battery.

Thanks to this electrical power setup, you can attain a top speed of 28 Mph while on pedal assist, making this a class 3 electric bike. When you’d rather have an effortless riding experience, you can switch to the throttle mode, and max out the speed at 20 Mph, which is still stunning.

As for the range, you can expect a maximum range of 25 miles when using the throttle mode exclusively. If you want to cover an even larger distance on a single charge, use the PAS and you can easily achieve a maximum range of 45 miles.

Important features of the Core-5 eBike

  • Battery specs: 48V, 12.8Ah
  • Motor rating: 750W, 60 Nm torque
  • Weight: 49 lbs.
  • Weight capacity: 300 lbs.
  • Top speed: 28 Mph, pedal assist
  • Maximum range: 45 miles
  • Ideal rider height: 5’0”-6’1”


7. Viribus 500W Fat Tire Electric Bike

This 500W e-bike from Viribus is the perfect choice for riders who wish their all-terrain conventional bikes would be faster and easier to ride. Equipped with a 500W brushless rear hub motor and a 36V, 12.5Ah lithium battery, you will have enough power to tackle just about any terrain with ease.

Thanks to the aluminum frame, this eBike is not so heavy, which means that you can cover a longer range on a single charge. While on the throttle mode, and at maximum speed, you can expect this range to be about 25 miles. Switch to the pedal assist mode and you can increase that range by a couple of miles.

If you need to get to your destination faster, then speed becomes of greater importance. And even though this bike looked cumbersome to me at first, I was surprised to learn that it can easily reach a top speed of 20 Mph when riding exclusively on the throttle mode. Whenever you want to reach even faster speeds, all you have to do is engage the pedal assist system so you can get to your destination in no time.

And thanks to this bike’s net weight of 56 lbs., you should be able to haul it around with ease when it’s time to store it after you’re done riding.

Most notable features of the Viribus bike

  • Battery rating: 36V, 12.5Ah
  • Motor specs: 500W, brushless rear hub motor
  • Charging time: About 5 hours from 0%
  • Maximum range: 25 miles, throttle mode
  • Top speed: 20 Mph, throttle mode
  • Bike weight: 56 lbs.
  • Payload capacity: 330 lbs.
  • Maximum gradient: 30°
  • Ideal rider height: 5’6”-6’3”


BONUS. Ancheer 350W Affordable Electric Bike

Looking for a simple yet effective and affordable electric bike? The Ancheer electric bike might just be the one for you. This is a no-frills e-bike that’s perfect for those who just want to get from point A to point B without any fuss.

Despite its simplicity, the Ancheer electric bike is still packed with features that are sure to be useful. For one, it has a 350W motor that’s powerful enough to achieve cruising speeds of up to 20 mph.

The 36V/10.4Ah lithium-ion battery that powers this bike gives it a range of up to 22 miles when using the throttle mode exclusively. With the pedal assist mode, you can extend that range to just about 35 miles. Since this bike utilizes a gear system, you can expect a smoother and more efficient ride.

The Ancheer electric bike also comes with front and rear disc brakes for stopping power that you can rely on.


There you have it

Eight of the best affordable electric bikes that you can find today. We hope that this list has helped you narrow down your choices so that you can find the perfect e-bike for you.

Do you have any suggestions that didn’t make it to our list? Let us know in the comments below! Also, if you can afford a bit more, there are better ebike options. You may check out our ebikes under $1500 or under $2000 for some high-performance electric bikes.

Special thanks to Leon for contributing to this article