Although electric bikes in the US are still not as affordable as they should be, you can find some decent options even with a budget of $700. This blog post covers the best electric bikes under $700 available in the US market right now. Before we go into details and features of each ebike, let’s look at the list first.
Best Electric Bikes Under $700
Here’s our selection of the best electric bikes under $700:
- Gotrax Endura (Best Overall)
- Swagtron Swagcycle EB-12 (Best Commuter)
- HeyBike RaceMax (Most Affordable)
- Oraimo Folding Electric Bike (Best Foldable)
- Swagtron Swagcycle EB-7 Plus (Most Portable)
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An ebike is not something you’ll buy every 2 or 3 months. So, we highly recommend that you invest your hard-earned money wisely with a long-term investment perspective.
So, if you need a durable ebike that you can trust for years to come, Velotric has some great options for you.
Our Recommended Affordable Ebikes
Velotric is one of the most well-known ebike brands based in the US and their build quality and after-sale customer support are unmatchable.
Velotric Fold 1
Key Features:
- Powerful 750W Hub Motor
- UL-2849 Safety Certified
- Shimano 7-speed Drivetrain
- Dual Hydraulic Disc Brakes
- 55 Miles of Max Range
- 28 mph Top Speed
- 440 lbs Payload Limit
- 48V 608Wh, Detachable Battery
- 20″ x 3″ Puncture-resistant Tires
Velotric T1 ST
Key Features:
- UL-Certified Safe Battery
- Efficient Torque Sensor
- 25 mph Top Speed
- Weighs just 34 lbs
- Apple Find My Support
- 350W (600W Peak) Hub Motor
- 8-speed Shimano Drivetrain
- Tektro Hydraulic Disc Brakes
- 52 Miles of Max Range
- IPX6 Water Resistance
- 700×40c Puncture-resistant Tires
Velotric Discover 1
Key Features:
- UL 2271 Recognized Battery
- 48V, 14.4Ah Samsung Cells
- 500W (900W Peak) Hub Motor
- Hydraulic Disc Brakes
- 7-speed Shimano Drivetrain
- Hydraulic Suspension Fork
- 65 Miles of Max Range
- 3A Fast Charging
- IPX6 Water Resistance
- 440 lbs of Weight Capacity
- 26″x2.5″ Puncture-resistant Tires
Recommended Accessories for the Best Ebikes under $700
Alright, let’s dive into the specs of each ebike under $700 on our list.
1. Gotrax Endura: Overall Best Electric Bike Under $700
Specifications:
| 350W Motor | 36V 7.8Ah Battery | 20 mph Max Speed | 30 miles PAS Range |
| Dual Disc Brakes | Front Fork Suspension | 7-Speed Shimano | 26” x 2.1” Tires |
| Aluminum Frame | 264 lbs Load Capacity | 54 lbs Bike Weight | Thumb Throttle |
One-minute Review:
Gotrax Endura is the best electric bike under $700 in the market currently. This is a full-size electric bike from Gotrax with 26″ wheels and a durable aluminum frame.
But the main reason we chose it as the best ebike under $700 is the design & build quality of this ebike. Unlike other affordable ebikes on the market, the Gotrax Endura comes with an integrated battery that you can detach without a hassle. Other full-size electric bikes in this range feature a semi-integrated battery which is not aesthetically pleasing.
Let’s dive into some electrical specs now. Gotrax offers two variants of this ebike. We recommend the 350W version of this ebike which comes in three different colors: White, Purple, and Pink. With a 500W of peak motor power, this affordable electric bike offers a max speed of 20mph on pedal-assist mode.
The 36V 7.8Ah removable battery offers a maximum range of 30 miles on this ebike. The mechanical disc brakes with 160mm rotors make sure that you have a decent braking experience while riding this electric bike.
Although this is an affordable ebike, you still get the 7-speed Shimano transmission with an SIS-index shifter which we generally see in an expensive bike. To make your rides comfortable, this ebike also features a front suspension fork.
The Gotrax Endura weighs around 54 lbs and the weight capacity of this electric bike is limited to 264 lbs. The step-through frame makes it easier to get on this electric bike as well. Moreover, you can adjust the handlebars and seat height as you deem comfortable.
Please note that fenders, rear rack, and front light are included with the 250W variant of this ebike which is priced closely to the 350W version. But we highly recommend that you go for the 350W variant of this ebike as this extra torque will increase the overall performance of this ebike considerably.
The motor and battery could have been better on this cadence sensor ebike. But at the end of the day, you have to look at the overall package this ebike is offering. And we are sure that no other ebike in the market offers such a good build quality at this affordable price tag.
If you decide to get this ebike, we highly recommend that you get a soft seat for a more comfortable ride.
2. Swagtron Swagcycle EB-12: Best Commuter Electric Bike under $700
Specifications:
| 250W Motor | 36V 7.5Ah Battery | 16.5 mph Max Speed | 31.5 miles PAS Range |
| Shimano V-brakes | Rigid Fork | 7-Speed Shimano | 700c x 25mm Tires |
| Aluminum Frame | 264.5 lbs Load Capacity | 39.2 lbs Bike Weight | Thumb Throttle |
One-minute Review:
If you are looking for an electric bike under $700 that looks just like a normal bike, the Swagcycle EB-12 is a good option for you. Swagtron is more famous for its hoverboards, but the brand offers some durable and stylish ebikes as well.
The reason behind this simple and elegant design of Swagcycle EB-12 is that the battery is housed under the rear rack. So, this battery placement gives a clean look to the ebike and keeps the aluminum-frame ebike lightweight at just 39 lbs.
A 250W motor powers this electric bike and offers you a top speed of 16.5 mph. With a 36V, 7.5Ah battery power, you get a maximum range of 31.5 miles on pedal-assist mode. To get an even longer range, you can add an extra battery on the rear rack as well. For a smooth transmission, you are getting a Shimano 7-speed drivetrain with an SIS-index shifter.
Instead of the mechanical disc brakes, this ebike offers you the Shimano V-brakes which do a decent job as well. The 700C x 25mm tires are perfect for a commuter electric bike.
The weight capacity of this affordable ebike is limited to 264.5 lbs. A thumb throttle is fitted at the right side of the handlebars for your convenience.
What about the cons of this ebike? Well, a front suspension fork is missing in this ebike. So this is not an electric mountain bike and riding it on a bumpy terrain will not be as comfortable as you may expect.
This ebike does not come with fenders or integrated lights as well. But we recommend that you get a good headlight and a comfortable seat if you opt for this option.
Overall, this is a well-built electric bike under $700 from a US-based brand that offers excellent customer support as well. So, if you need an elegant commuter ebike under $700, the Swagcycle EB-12 is for you!
3. HeyBike RaceMax: Best Affordable Electric Bike Under $700
Specifications:
| 500W Motor | 48V 12.5Ah Battery | 22 mph Max Speed | 40 miles PAS Range |
| Dual Disc Brakes | Front Fork Suspension | 7-Speed Shimano | 27.5″ x 1.95“ Tires |
| Carbon Steel Frame | 264 lbs Load Capacity | 52.9 lbs Bike Weight | Twist Throttle |
One-minute Review:
Our third option is the best budget electric bike under $700 from Heybike, a well-known US brand. The Heybike Race Max is one of the best-selling ebikes from the brand and this makes sense when you look at the affordable price tag of this ebike.
The Heybike Race Max offers you a 500W rear hub motor which is rarely seen in affordable ebikes. Moreover, the 48V, 12.5 Ah detachable battery is bigger than the first two e-bikes on our list. You are looking at a maximum range of 40 miles on the pedal assist on this ebike.
At this affordable price tag, you are still getting the front suspension fork on this ebike. For a smooth riding experience, this electric bike comes with a 7-speed Shimano drivetrain. Mechanical disc brakes, 27.5″ x 1.95“ tires, and a twist throttle are some other features worth highlighting here.
Finally, the Heybike RaceMax weighs around 52.9 lbs and the maximum weight capacity of this ebike is limited to 264 lbs.
You may be wondering why we have placed this ebike in the third spot in our rankings when it has a bigger battery and more powerful motor. Well, we do have our reasons. First, this electric bike’s frame is made from steel which is more susceptible to rusting as compared to an aluminum frame.
Moreover, the battery is semi-integrated as you can see from the product picture above. So, it’s not as aesthetically pleasing as our first two options.
But even with these downsides, Heybike Race Max is one of the best budget electric bikes under $700 if you want to ride on flat terrain. You are getting a 500W motor, front suspension, Shimano 7-speed drivetrain, and 40 miles of maximum range at such a low price. So, every dollar you spend on this ebike is well worth it.
4. Oraimo Foldable Ebike: Best Folding Electric Bike Under $700
Specifications:
| 750W Motor | 48V 11.6Ah Battery | 20 mph Max Speed | 45 miles PAS Range |
| Dual Disc Brakes | Rigid Fork | 7-Speed Shimano | 20″ x 3” Fat Tires |
| Fast Charging | 440 lbs Load Capacity | 54.5 lbs Bike Weight | Aluminum Alloy Frame |
One-minute Review:
The fourth option in our list of the best electric bikes under $700 is the folding ebike from Oraimo. If you are a folding ebikes fan, this 20″ folding model is the best option for you.
You will be surprised to know that this folding e-bike comes with a 750W rear hub motor that peaks at 1000W. This torque is enough to easily accelerate you to reach speeds of up to 20mph in no time. Moreover, the 48V 11.6Ah removable battery offers you a maximum range of 45 miles on pedal-assist. You can generally get more range on average from any ebike if you ride in the lowest pedal assist mode.
Like our other recommendations, this folding bike also features the same 7-speed Shimano drivetrain. Mechanical disc brakes are also worth mentioning here.
Another feature that we really like in this ebike is the fast charging, thanks to the 54V,3A charger. You can expect to get a full recharge within 3 hours on this ebike. The durable aluminum alloy frame of this ebike comes with an impressive weight capacity of 440 lbs. So, rider weight is not a problem at all with this ebike. The color lcd display also makes sure that you enjoy riding this ebike for long distances.
Let’s talk about the downsides of this folding electric bike now. This ebike doesn’t come with any sort of suspension at all. Moreover, this ebike is a little heavy at 54 lbs for a folding electric bike.
But the 20″ x 3” fat tires make sure that you have a smooth riding experience even on unpaved tracks. So, if you are looking for an ebike that you can ride even in the sand or snow, this is the best electric bike under $700 for you.
5. Swagtron Swagcycle EB-7 Plus: Most Portable Electric Bike Under $700
Specifications:
| 350W Motor | 36V 6.5Ah Battery | 18.6 mph Max Speed | 19 miles PAS Range |
| Dual Disc Brakes | Rear Suspension | 7-Speed Drivetrain | 16″ Tires |
| Aluminum Alloy Frame | 264.5 lbs Load Capacity | 42.3 lbs Bike Weight | Completely Foldable |
One-minute Review:
Our final ebike under $700 is for those who need something extremely portable. The Swagcycle EB-7 Elite Plus is a completely folding ebike with a compact folding design that features a 350W rear hub motor and can go up to a top speed of 18.6 mph.
The 36V 6.5Ah battery gives you a maximum range of 19 miles on just the throttle mode which is not bad for such a small e-bike. Moreover, you have mechanical disc brakes and a 7-speed drivetrain on this ebike as well.
The frame is constructed from an aluminum alloy and you are getting 16″ tires on this ebike. The smaller wheels are perfect for short riders, but taller riders may find this ebike uncomfortable to ride.
Another feature we want to highlight here is the rear suspension in this ebike which will absorb most of the bumps in your way. However, there is no front shock absorber on this folding ebike. Integrated front and rear lights are included in this ebike. You also get a basic display on this electric bike.
This fully-assembled, compact-size ebike may not be perfect for everyone. However, if you are in search of a portable, lightweight ebike for short commutes, this checks all the boxes at a great price tag. The bike’s small size makes it easy to carry with you wherever you want to go.
Best Electric Bikes Under $700: The Bottom Line
Gotrax Endura is our pick for the overall best electric bike under $700. We chose the Swagtron Swagcycle EB-12 as the best commuter ebike in this budget. If you want to go for an affordable option, Heybike RaceMax is for you. Oraimo’s folding ebike is our pick for the best foldable option. Finally, if you need a lightweight and portable ebike, we recommend that you opt for the Swagtron Swagcycle EB-7 Plus.
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