Life can be rushed and busy. That’s why it’s important to have a go-to, reliable bike that will get you where you need to go, fast. The best folding bikes under $500 are perfect for people who don’t want the hassle of transporting a bike on public transportation or in their car. These models are lightweight and easy to fold up with minimal fuss. So what’s the best folding bike under $500? Take your pick from these great options!
Frame: It’s easy to store this lightweight, foldable bike with its 20-inch wheels. The frame is designed for riders 56 to 74 inches tall and folds in seconds so you can quickly put it away when not in use.
Gears: The gear changes are in a smooth and effortless manner, thanks to the 7-speed twist shifter.
Brakes: With its combination of front and rear linear pull brakes, this bike will stop on a dime. This means you’ll be able to avoid obstacles with ease!
Rear carrier: With a heavy-duty nylon bag for easy storage, the rear carrier is perfect for any outdoor excursion from hiking to camping.
Wheels: The 20-inch alloy wheels on the Schwinn Loop come with smooth rolling street tires and are the perfect choice for commuters that want to combine style and functionality, ensuring a safe ride in any weather condition.Amazon Offer
Frame: The aluminum frame is lightweight and folds in seconds which means you never need to leave it outside.
Gears: You’ll be able to enjoy your ride in the best possible way with Shimano components. The grip style shifters and 7 speeds give you more options than most folding bikes have.
Easy folding: The single fold stem and folding pedals allow for easy storage, while the magnet catcher ensures that your bike will be secure.
Brakes: The v-brakes on this folding bicycle are perfect for the rider who needs to quickly stop.
Wheels: This cool folding bike is perfect for any terrain. The 2″ tires on the 20” wheels are specially designed to handle anything you throw at them from dirt, pebbles and gravel on the roads or rugged trails in the mountains.Amazon Offer
Folding: Resilience and flexibility are what make this bike so versatile. The lightweight, foldable frame is easy to transport in the car when needed but also allows for storage at home or on public transportation.
The light weight of this sturdy bicycle makes it perfect for those who don’t have a vehicle with racks built-in or prefer bringing their bikes along instead of leaving them unattended where they could be stolen.
Gears: Genuine Shimano 7-Speed SL-TX30 Shifter with RD-TZ50 Rear Derailleur.
Seat: Ranging from five feet to over six feet tall, riders have the opportunity to adjust their seat for a comfortable fit with this bike.
Wheels: This bike is equipped with alloy wheels and high grade 20″ x 1.75 road tires that are perfect for navigating any terrain from the streets to dirt roads and trails.Amazon Offer
Gears: This folding road bike is perfect for those who are always on the go. With 6 speed Shimano gears and a simple twist grip shifter, you’ll be pedaling your way around town in no time!
Tires: 20″ x 1.75 WANA tiresAmazon Offer
Disc Brakes: Disc brakes are more powerful, reliable and efficient than V-Brake Systems. They stop your bike much faster without wearing out the tires or requiring any maintenance. Disc Brakes also allow you to brake with better accuracy so that you can confidently control your bike while riding.
Tough frame: The high tensile steel folding frame makes it easy to take on the trails without breaking a sweat. This innovative design can withstand tough terrain and folds flat in seconds with no tools required, making storage an absolute breeze!
Gears: You won’t have to worry about shifting gears with the Shimano 21 speed gear system. The derailleur and shifters are known for their durability, so you can ride confidently knowing that you won’t have any issues.
Front and rear suspension: This folding mountain bike offers a practical solution for those who both love to ride and need an easy-to-carry mode of transport. With front & rear shock absorbers, this durable set up can handle tough terrain or daily commutes without much trouble at all.
Wheels: 26”Amazon Offer
Frame: The Schwinn Hinge is a foldable, easy-to-carry bike with an all steel frame that’s comfortable and sturdy. It has a folding pedal and one regular pedal for easy storage.
Single speed: This is a single speed folding bike, making it the perfect commuter bike for city commuters and allows you to coast when needed, helping you to save your energy for the long haul!
Fenders and rack: This bike comes with full-wrap fenders to keep you clean and dry while riding. Not only that, but the included rear carrying rack is perfect for your work bag so it won’t get wet or dirty on its way back from the office.
Bag included: A nylon folding bike bag is included, which gives you an instant saving as they can be quite expensive to purchase separately.
Wheel size: 20”Amazon Offer
Gears: This folding bike provides you with the ultimate in convenience. The shifting handle and rear derailleur allow for easy gear changes as well as an ergonomic anti-slip handle that reduces hand fatigue while riding.
Frame: This folding bike is made with a strong iron frame that will stand up to the test of time. The foldable design makes it easy for you to transport and store, meaning your commute just got easier! With only 3 steps required in order to put it away when not in use, making space has never been so simple.
Wheels and handlebars: The 20” wheels are durable to withstand rugged and mountain roads. The height of the handlebars can be adjusted so you feel more comfortable while riding your bike on any type of terrain.
Brakes: This bicycle has front and rear V brakes, which make the braking more efficient. Cortical seats also provide a comfortable ride that you can adjust to your own needs.Amazon Offer
Brakes: The Vilano Urbana has a coaster break. A coaster brake is a rear wheel hub mounted braking system which engages when pedals are rotated backwards or “coastered”.
Frame: The frame is made from lightweight aluminum and weighs just 21.5 lbs.
Wheel size: 20”Amazon Offer
Brakes: The G7 has disc brakes. Disc brakes are more durable and provide better stopping power than V-brakes. They also help to decrease the wear on your rims which means they’ll last you a lot longer, too!
Wheel size: This folding mountain bike has 27.5” wheels.Amazon Offer
We hope this list has helped you find your next bike or even encouraged you to get a folding bike if you haven’t yet. If the $500 budget is too steep for you, check out our post on the best folding bikes for under $200.