Best Electric Bikes Under $300

Searching for the best electric bikes under $300 is like finding a needle in a haystack. But our team has done rigorous research to find the best ebikes that you can get for less than $300.

To save your time, we have listed the best electric bikes under $300 here:

  1. Jasion EB5 Electric Bike
  2. Jetson Bolt Folding Ebike
  3. TotGuard Electric Bike
  4. Ancheer Electric Bike
  5. Jasion EB3 Folding EBike

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Our Recommended Affordable Electric Bikes

Although you are looking for the best electric bikes under $300, there are some good options in the market with higher price tags that you should consider.

1. Ride1Up Roadster v2

Ride1Up Roadster v2 is the best electric bike in the affordable category. Don’t rely on our word, take a look at the impressive features below.

Key Features:

  • Single-Speed Toptrans Belt Drive
  • 24 mph Top Speed (Class-3)
  • Extremely Lightweight (33 lbs)
  • 30 Miles Max Range
  • 6061 Aluminum Alloy Frame
  • 350W Geared Hub Motor
  • Tektro R315 Dual Pivot Brakes
  • 36V 7.0ah Samsung Cells Battery
  • Kenda 700C x 28 Road Tires
  • Integrated LCD Display

The Race Max is a commuter electric bike from Heybike, a well-known US ebike brand, and is currently on sale! This ebike was originally priced close to $1k, but now you can grab this at a sale price of just $399.

Key Features:

  • 500W Hub Motor
  • 22mph Top Speed
  • Front Suspension Fork
  • 7-Speed Shimano Drivetrain
  • 40 Miles Max Range
  • 48V 12.5Ah Battery
  • Mechanical Disc Brakes
  • Integrated LCD Display

If you need a folding ebike, Rattan LM750 Pro is the best value-for-money option on the market.

Key Features:

  • 750W Motor
  • 48V 13Ah Battery
  • 55 Miles of PAS Range
  • 28 mph Top Speed
  • Front Fork Suspension
  • Suspension Seat Post
  • Shimano 7-speed Drivetrain
  • Passenger Seat
  • 20″ x 4.0″ CST Fat Tires

Recommended Accessories

We have handpicked these accessories since you are looking for an affordable ebike under $300. So, we have included only those accessories that we consider to be worth investing your money in.

If your budget is strictly limited to $300 and you need a decent electric bike, the following options are worth every dollar you spend on one of these ebikes.

Best Electric Bikes Under $300: An Overview

Before we dive into the details of each electric bike under $300, here’s a quick overview of our recommendations.

  • 350W Motor
  • 20mph Top Speed
  • 360Wh Battery
  • 40 Miles Max Range
  • Front Suspension Fork
  • 7-speed Shimano Tourney

  • 250W Motor
  • 15.5mph Top Speed
  • 36V 6Ah Battery
  • 15 Miles Max Range
  • 34lbs Bike Weight
  • Footpegs, Folding Handlebars

  • 350W Motor
  • 19.8mph Top Speed
  • 36V 10.8Ah Battery
  • 37 Miles Max Range
  • Shimano 21-speed
  • Front Suspension

  • 250W Motor
  • 15mph Top Speed
  • 36V 12.5Ah Battery
  • 30 Miles Max Range
  • Shimano 21-speed
  • Front Suspension

  • 350W Motor
  • 21mph Top Speed
  • 36V 7.5Ah Battery
  • 20 Miles Max Range
  • Rear Suspension
  • Folding Handlebars & pedals

Let’s dive into the details now!

1. Jasion EB5: Overall Best Electric Bike Under $300

Best Electric Bikes under $300

Specs:

350W
Motor
36V 10Ah
(360Wh)
Battery
20 mph
Max
Speed
40 miles
Max
Range
26″x1.95″
Chao
Yang
Tires
7-speed
Shimano
Tourney
Front
Fork
Suspension
Mechanical
Disc Brakes
160mm
rotors
Integrated
Lights
265 lbs
Weight
Capacity
49.6 lbs
Ebike
Weight
LCD
Color
Display

One-minute Review:

Jasion EB5 is our pick for the best electric bike under $300 and you’ll be surprised at the value this affordable electric bike offers at such a low price tag.

To start off, the Jasion EB5 is a full-size commuter electric bike with 26″ x 1.95″ Chao Yang tires. A 350W rear hub motor powers this electric bike and a 360Wh battery offers you a maximum range of 40 miles in the pedal-assist mode. The top speed on this electric bike is limited to 20 mph.

Although the Jasion EB5 is an affordable electric bike, it does offer a front fork suspension with a decent amount of travel as well. To provide you with a good braking experience, this affordable ebike comes with dual mechanical disc brakes with 160mm rotors.

But the best feature of this affordable electric bike is the Shimano transmission. Unlike other affordable ebikes, the Jasion EB5 features a Shimano Tourney derailleur with an SIS-index shifter. Honestly, we cannot expect anything more as far as the transmission is concerned.

To give you a little context here, even electric bikes priced at around $1500 also feature the same Shimano Tourney drivetrain that the Jasion EB5 has. So, we are highly impressed with Jasion for offering such a name-brand component in this price bracket.

The maximum payload or weight capacity of this ebike is limited to 265 lbs. Integrated lights and full-color display are also included without any extra costs.

The only thing we don’t like about this ebike is that it has a high-carbon steel frame instead of the aluminum frame which more expensive ebikes have. So, you’ll have to be more careful with this ebike to avoid corrosion. A good bike cover can prolong the life of this ebike.

So, the Jasion EB5 is the best electric bike under $300. The value this ebike offers is unbeatable at this price tag.

2. Jetson Bolt: Best Mini Electric Bike Under $300

Specs:

250W
Motor
36V 6Ah
Battery
15.5 mph
Max Speed
15 miles
Max
Range
12″
Tires
Folding
Handlebars
Rear Disc
Brake
Twist
Throttle
34 lbs
Ebike
Weight
265 lbs
Weight
Capacity
Integrated
Lights
LED
Display

One-minute Review:

Jetson Bolt is our pick for the best mini electric bike under $300.

This portable electric bike is one of the most popular models from Jetson. The 36V, 6Ah battery offers you a maximum range of 15 miles. But there’s a catch here.

Unlike regular ebikes, you are not getting any pedals here. Instead, you’ll get footpegs where you can rest your feet during cruising on this ebike.

Since there are no pedals, you get only a single-speed mode on this mini electric bike. With folding handlebars and a convenient design, you can take this ebike with you wherever you go!

The Jetson Bolt weighs just 34 lbs making it extremely portable. Storing this ebike in your apartment, office, or car is hassle-free.

The twist throttle and rear disc brake provide you with a smooth riding experience on this ebike. The maximum payload limit or weight capacity of this ebike is 265 lbs.

The only downside of getting this ebike is that the small size of this ebike may not be suitable for everyone. This is even more important for tall riders as they may find the Jetson Bolt uncomfortable to ride.

3. TotGuard Ebike: Best Mountain Electric Bike Under $300

Specs:

350W
Motor
36V 10.4Ah
Battery
19.8 mph
Max Speed
37 miles
Max Range
26″ CST
Tires
Shimano
21-speed
Mechanical
Disc Brakes
Front
Suspension
45 lbs
Ebike
Weight
300 lbs
Weight
Capacity
Integrated
Lights
LCD
Display

One-minute Review:

Our third option for the best electric bikes under $300 is an all-terrain electric bike from TotGuard. This affordable electric bike is powered by a 350W rear hub motor and a 10.4 Ah battery.

Like our first option, this electric bike also features the Shimano drivetrain for a smooth riding experience. The 26″ CST tires and front suspension fork ensure that you get a comfortable ride on rough terrain as well.

You are getting solid mechanical disc brakes with 160mm rotors on this ebike. The battery has enough juice to offer you a maximum range of 37 miles on the pedal-assist mode.

As for the weight capacity, the TotGuard electric bike can bear a maximum payload of 300 lbs. The ebike itself is very lightweight at 45 lbs. These features make this ebike the best all-terrain electric bike under $300.

4. Ancheer Electric Bike

Specs:

250W
Motor
36V 12.5Ah
Battery
15 mph
Max Speed
30 miles
Max Range
26″
Tires
Shimano
21-speed
Mechanical
Disc Brakes
Front
Suspension
50 lbs
Ebike
Weight
265 lbs
Weight
Capacity
Integrated
Lights
LCD
Display

One-minute Review:

This is another full-size electric bike under $300 that we consider worth mentioning in our list. In comparison to the previous option, this electric bike comes with a less powerful 250W motor that offers a top speed of 15mph.

With a 36V 12.5Ah battery, you can get a maximum range of 30 miles in the pedal-assist mode. Likewise, the Shimano 21-speed drivetrain offers a smooth transmission experience.

A front suspension fork along with all-terrain 26″ tires ensure that you can ride comfortably on tough terrain as well. Integrated lights, LCD display, and mechanical disc brakes are some features also worth mentioning here.

Overall, the Ancheer electric bike is one of the best electric bikes under $300 and you should definitely consider the value it offers.

5. Jasion EB3 Electric Bike

Specs:

350W
Motor
36V 7.5Ah
Battery
21 mph
Max Speed
20 miles
Max Range
14″
Tires
Dual Disc
Brakes
Folding
Handlebars
Rear
Suspension
45 lbs
Ebike
Weight
265 lbs
Weight
Capacity
Integrated
Lights
LCD
Display

One-minute Review:

Our final pick for the best electric bikes under $300 is another ebike from Jasion. The EB3 model is a portable mini-electric bike that comes with a 350W rear hub motor and a 7.5Ah battery.

Just like the Jetson Bolt, this electric bike also has folding handlebars making it extremely portable. But it also comes with folding pedals adding even more convenience.

With a 21mph top speed, this affordable ebike offers you a maximum range of 20 miles in the pedal-assist mode. In the pure electric mode, you can get a range of around 15 miles on this ebike.

To offer you a smoother ride, this ebike features a central shock absorber that acts as your rear suspension on this ebike. Since this electric bike doesn’t have a front suspension, a rear suspension will absorb a lot of bumps during your rides.

The 14″ tires are also slightly bigger than Jetson Bolt making it relatively convenient for even taller people. You may be wondering why we haven’t listed this ebike as our second-best electric bike under $300 instead of the Jetson Bolt.

Well, we do have a reason behind this order. Although the Jasion EB3 has overall better specs than the Jetson Bolt, it’s not as lightweight as the Jetson Bolt. The Jasion EB3 electric bike weighs 45 lbs, 11 lbs more than the weight of Jetson Bolt.

But the Jetson Bolt is still a great electric bike under $300 considering that it features a 350W motor, dual disc brakes, a partially folding frame, integrated lights, LCD display, a rear suspension, and a 7.5Ah battery.

Best Electric Bikes Under $300: Buyer’s Guide

When you are looking for the best electric bike under $300, the options are very limited. Still, you have to consider a few factors before finalizing any ebike. Let’s look at each of these important points below:

1. Type of Electric Bike:

The first thing you should know is the type of ebike you are looking for. And this depends on your intended use. If you are looking for an ebike to commute within the city on paved roads, a commuter electric bike with 2″ wide tires is suitable for you.

But if you are looking for an ebike for off-road use mainly, you will need a fat tire ebike with some sort of suspension as well. And if you need a portable ebike, a folding ebike is more suitable for you.

So, before you look for the best electric bike under $300, you should be clear about the intended use. This will help you narrow down your choices. In this price bracket, it is difficult to find any good off-road ebike with full suspension.

But we have included at least two options that are suitable for off-road use as well. The full-size electric bikes from TotGuard and Ancheer are two good options for all-terrain use in this price range.

And if you need a commuter ebike, Jasion EB5 is the best electric bike under $300. The remaining two ebikes (Jetson Bolt and Jasion EB3) are our picks if you need a portable ebike under $300.

2. Brakes:

When it comes to brakes, generally there are two options: hydraulic and mechanical. It is impossible to find an ebike under $300 with hydraulic disc brakes. That is why all of our options have mechanical disc brakes with 160mm rotors.

If you want to upgrade your braking experience on Jasion EB5 or any other ebike under $300, you’ll have to get hydraulic disc brakes separately and install them. Or, you can visit any local ebike shop nearby to have this upgrade. But it will definitely increase the overall price of the ebike.

3. Suspension:

There are three main types of suspensions you can get on an electric bike: front, rear, and seatpost.

The full-size electric bikes on our list are all equipped with a front suspension fork that will absorb most of the bumps on your ride. Unfortunately, you don’t get any front suspension on mini electric bikes like Jetson Bolt or Jasion EB3.

Now, let’s talk about the rear suspension. Having rear suspension on electric bikes under 300 dollars is rare. But Jasion EB3 has a shock absorber that can provide some relief to you. Generally, we see some good rear suspension on expensive off-road ebikes only that cost around $2k.

Finally, we have the seatpost suspension that acts just like your rear suspension. You won’t find any ebike under $300 that has a seat post suspension. So, you’ll have to get a suspension seat post from Amazon if you are interested in getting this feature.

Suspension seat posts can range from $40 to $200 and more. So, investing in a suspension seat post will significantly increase the overall price of your electric bike.

4. Battery:

There are a few things you need to consider as far as the battery is concerned. Generally, you’ll see two types of batteries in electric bikes: removable and non-removable.

Full-size electric bikes under $300 like the Jasion EB5, Ancheer Ebike, and TotGuard ebike feature a detachable battery that you can remove any time you want. Replacing this type of battery is also easier if your battery becomes problematic in the future.

Mini electric bikes like Jetson Bolt and Jasion EB3 come with batteries that are placed within the frame of the ebike. So, removing these batteries is not hassle-free. But if you run into any problem, you can remove the battery by following a few instructions from any online guide or tutorial.

5. Drivetrain:

The drivetrain plays an important role in providing you with a smooth riding experience. Electric bikes like the Jetson Bolt don’t have any gears as there is no pedaling option.

But full-size electric bikes like the Jasion EB5 come with a 7-speed transmission system. Shimano Tourney is a very popular derailleur in affordable electric bikes and it offers a good transmission experience.

You will see Shimano Acera or Altus on electric bikes with a price tag higher than $1000. If an electric bike under $300 doesn’t mention the brand of drivetrain, then it’s probably a cheaper component that you should avoid.

That’s why all of our full-size ebikes in this list feature the Shimano Tourney derailleur and an SIS-index shifter that offers a smooth riding experience.

6. Motor:

The next thing you should consider before getting an electric bike under $300 is the motor power. In this budget, you will find most of the electric bikes with 250W to 350W rear hub motors. And forget about mid-drive motors completely as they are available in premium electric bikes only.

A motor with 350W nominal or rated power has enough torque to provide you with a comfortable riding experience. Unfortunately, we couldn’t find any electric bike under $300 with a 500W motor. That’s why we suggest you go for the Heybike Race Max which has a 500W powerful motor.

7. Frame Material:

Electric bikes often come with aluminum alloy frames as they are corrosion-resistant and age well over the years. But some affordable ebikes in this price bracket have steel frames as well. Steel alloy frames generally have lower corrosion resistance in comparison to aluminum alloy frames. Aluminum frames are relatively lighter as well.

8. Foldability:

Electric bikes are either partially foldable or completely foldable. Our list contains two electric bikes that have a partially foldable frame. So, you can fold the handlebars and pedals for convenient storage and transport. We couldn’t find any ebike under $300 that has a completely foldable frame.

9. Tire Size and Type:

Next, you need to consider the tire you need. Most of the commuter electric bikes have a 2″ wide tire which is perfect for use on paved roads. Mini electric bikes like Jetson Bolt and Jasion EB3 have smaller wheels (12″ or 14″) whereas regular ebikes like the Jasion EB5 feature a full 27.5″ diameter tire.

But if you need an electric bike for riding on rough terrain, 3″ or 4″ fat tires are highly recommended. Those fat tires can handle any terrain without a hassle and you’ll have a more smoother ride.

10. Rider Height:

The final factor you need to take into account is the recommended rider height of your chosen electric bike under $300. If you are taller than 6′, mini electric bikes with 12″ or 14″ wheels will be really uncomfortable for you.

So, you should get a full-size ebike in case you are taller than 6′. But if you have a height of around 5′, then you can enjoy rides on even smaller ebikes like Jetson Bolt.

The seat is adjustable on each electric bike in our list so you can adjust it to your height. But you should always consider the recommended rider height given by the manufacturer of the ebike.

Relevant Reads:

Our editorial team powers our electric bike reviews and comparisons with passion for eco-friendly transportation, offering expertise and enthusiasm to navigate the world of electric biking confidently.

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