What Is the Cheapest Electric Bike?

Electric bikes offer an affordable, environmentally friendly way to commute, exercise, and relax. Whether you're commuting, running errands, or exploring the outdoors, a cheap electric bike can provide an efficient way to get around while minimizing costs.

In this article, we'll look at some of the most affordable electric bikes on the market today, explore the key factors that determine the price of an electric bike, and give you practical advice on choosing a model that's right for your needs.

Factors to Consider When Buying a Budget Electric Bike

When searching for an affordable electric bike, it's important to consider several key factors impacting performance, comfort, and longevity.

1. Motor Power (Wattage)

The motor is one of the most important components of an e-bike. While smaller motors, typically ranging from 250W to 500W, are common in budget e-bikes, they still provide a decent boost to your pedaling efforts.

For city commuting, a 250W motor is usually sufficient, but for hilly terrains or longer rides, opting for a bike with a 500W motor can offer better performance.

2. Battery Life and Range

The e-bike battery capacity, measured in watt-hours (Wh), affects how far your bike can go on a single charge. Budget bikes often come with batteries in the 360Wh to 500Wh range, giving you a practical riding distance between 20 to 45 miles. For daily commutes, a 360Wh battery might be enough, but if you plan on longer rides, opting for a larger capacity is beneficial.

3. Build Quality and Materials

Though budget e-bikes are more affordable, it's crucial to look for sturdy materials like aluminum frames, which are lightweight yet durable.

The build quality will affect both the bike’s performance and its longevity. Budget models may lack suspension or premium components, but a well-constructed bike should still offer a comfortable ride.

4. Extra Features

Many budget electric bikes include extra features like lights, fenders, cargo racks, or even folding mechanisms for convenience. While these features may add a bit to the price, they increase the bike’s versatility and value, especially for commuters.

5. Class and Speed

Electric bikes come in three classes based on speed and assistance level. Class 1 bikes only provide pedal assistance up to 20 mph, Class 2 bikes include a throttle to reach similar speeds, and Class 3 bikes can reach 28 mph with pedal assistance. Budget bikes often fall into Class 2 or Class 1, balancing speed with affordability.

Top 5 Cheapest Electric Bikes on the Market

Let’s explore some of the most affordable electric bikes that balance price with performance, features, and reliability.

1. Lectric XP 3.0

A versatile, affordable electric bike, the Lectric XP 3.0 is priced at around $999, features a 500W motor, and is capable of reaching speeds of 28 mph with pedal assist, making it a great choice for commuters and casual riders.

The foldable design is perfect for those who need to easily store or transport the bike. Despite the compact frame, it is sturdy and includes features like fenders, lights, and a rack.

Pros:

Foldable for easy storage and transport

Affordable price with good speed (up to 28 mph)

Versatile with suspension for smooth rides

Cons:

Heavy (62.5 lbs), which can be a challenge for lifting

Not as stable at high speeds due to its compact size

2. Nakto Camel 250

At around $799, the Nakto Camel electric bike is one of the most affordable options on the market. It features a 250W motor and 360Wh battery for a range of up to 20 miles.

This Class 2 bike can reach a top speed of 25 mph and comes with useful commuter features like a rear rack and basket. Perfect for daily commutes to work and school.

Pros:

Extremely low price

Includes useful accessories like a rear rack and basket

Cons:

Limited power and range

3. Aventon Soltera

The Aventon Soltera costs $1,199 and comes in single-speed and 7-speed versions to suit different terrains. The 350W motor is paired with a 360Wh battery, giving it a range of up to 41 miles.

Its lightweight design and slim profile make it a great choice for urban environments, while features like integrated lights and app connectivity add to its overall appeal.

Pros:

Lightweight and easy to handle

A good range for city commuting

Stylish design with app connectivity

Cons:

Slower acceleration compared to bikes with larger motors

Limited power for hilly terrain

4. Ride1Up Core-5

Priced around $1,195, the Ride1Up Core-5 offers a powerful 750W motor, providing quick acceleration and a top speed of 28 mph. Its 500Wh battery delivers a range of up to 40 miles, making it suitable for longer commutes or recreational rides.

Pros:

Strong motor with fast acceleration

A good range for longer commutes

Cons:

No suspension, making it less comfortable on rough roads

Limited to urban or smooth surfaces

5. NAKTO Skylark

Priced at $625, the NAKTO Skylark is a compact folding electric bike perfect for city dwellers with limited storage space. With a 350W motor, it has a top speed of 22 mph and can travel about 25 miles per charge. Very lightweight, making it a great bike for traveling.

Pros:

Extremely compact and lightweight for easy storage

Affordable and easy to use

Equipped with a long-lasting battery that can support longer rides

Cons:

Limited power may lack power when climbing hills.

Detailed Comparison of the Cheapest Electric Bikes

To help you quickly compare, here’s a table outlining the key specifications of the above-mentioned budget electric bikes:

Model

Price

Motor (W)

Max Speed (mph)

Range (miles)

Key Features

Lectric XP 3.0

$999

500W

28 mph

45 miles

Foldable, suspension, rack

Nakto Camel 250

$799

250W

25 mph

32 miles

Rear rack, basket

Aventon Soltera

$1,199

350W

20 mph

41 miles

Lightweight, app connectivity

Ride1Up Core-5

$1,195

750W

28 mph

40 miles

Powerful motor, minimalist design

NAKTO Skylark

$625

350W

22 mph

25 miles

Compact, foldable

How to Choose a Budget E-Bike for Your Needs

Choosing the right e-bike depends largely on your personal needs and preferences. Consider the following factors:

Commuting vs. leisure: If your main goal is commuting, you can choose a bike like the Nakto Camel, which is affordable and has good range and speed.

Range requirements: If you need a longer range for daily commuting or weekend rides, models like the Lectric XP 3.0 or Ride1Up Core-5 offer excellent battery life and range.

Storage and portability: For those with limited space, a foldable bike like the NAKTO Skylark is compact enough to store in a small apartment or put in the trunk of a car.

Pros and Cons of Budget Electric Bikes

Pros:

  • Affordability: Budget electric bikes allow more people access to the benefits of e-biking without significant upfront costs.
  • Eco-Friendly: Electric bikes are an environmentally friendly alternative to cars, reducing your carbon footprint.
  • Convenience: Many budget bikes are equipped with practical commuting features like baskets, racks, and lights, making them ideal for city travel.

Cons:

  • Limited Performance: Budget e-bikes often come with lower-power motors and smaller batteries, limiting speed and range.
  • Durability: While these bikes are cheaper, they may lack the durability of more premium models and could wear out faster with heavy use.

Conclusion

In this article, we have listed several relatively cheap electric bikes. I believe you can find a bike that fits your budget based on your needs. Although cheap electric bikes may have limited features compared to high-end electric bikes, they are very valuable for daily commuting and short leisure rides.

NAKTO offers a variety of affordable electric bikes that are perfect for urban commuting, leisure riding, or tackling rugged terrain. Their bikes are known for being affordable without sacrificing basic features. You can go to the official website to check the specific prices and product information to make the best choice.

Related reading: How Much Does an Electric Bike Cost

Best electric bikes