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Best electric bikes under $150

Researched by Deal.ai's shopping agent across stores on November 2, 2026. Prices below are today's.

Top pick: ELHIXNH 500W Foldable Commuter. At this price point you're buying a small folding e-bike, not a full-size one — and this is the most complete of the bunch: 14" tires, a 36V 12Ah battery, roughly 35 miles of range and about 20 mph, plus a basket for errands. It folds for a closet or a car trunk, which is what makes a bike this size genuinely useful.

Who the others suit:

  • OwnGold 500W Foldable — the same formula with a basket; pick it if you prefer its look or it's the one in stock.
  • AJYBPB 14" Folding — a light-duty option if you only need short hops and want the simplest possible bike.

Worth knowing: at this budget, expect modest brakes, basic components and a heavier ride than a $600+ commuter. Check the battery and charger arrive with the bike, and keep it indoors — cheap packs don't like cold or rain. If you can stretch the budget, a mid-range folder like the Gotrax or a step-thru commuter is a much better long-term bike.

The picks

  1. ELHIXNH
    500W Foldable Commuter Electric Bike with Basket for Adults,14" Tires, 36V 12Ah Battery, 19.9 mph, 35 Miles Range, Suitable for Commuting, Shopping, or Trip
    #1

    500W Foldable Commuter Electric Bike with Basket for Adults,14" Tires, 36V 12Ah Battery, 19.9 mph, 35 Miles Range, Suitable for Commuting, Shopping, or Trip

    • color: Black
    • actual_color: BLACK
    • Motor power: 500W
    $144.00at WalmartVerifiedPrices and history →
  2. OwnGold
    OwnGold 500W Foldable Electric Bike for Adults
    #2

    OwnGold 500W Foldable Electric Bike for Adults

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More buying guides

  • Best electric bikes for commuting
  • Best electric bikes
  • Best electric bikes for adults
  • Best value electric bikes for commuting
  • Best electric bikes under $500
  • Best electric bikes for commuting and errands
  • Best 30 mph electric bikes with long range
  • Best electric bikes with 30+ miles of range
  • actual_color: Black with Basket
  • color: Black
  • $144.00at WalmartVerifiedPrices and history →
  • AJYBPB
    14" Folding ebike for Adults
    #3

    14" Folding ebike for Adults

    • color: Other
    • actual_color: A6 Daily Light Edition
    $159.99at WalmartVerifiedPrices and history →
  • Gotrax
    Gotrax 20-Inch Foldable Electric Bicycle for Adults
    #4

    Gotrax 20-Inch Foldable Electric Bicycle for Adults

    • Suspension Type: Rigid
    • Intended Use: Commuting
    • Usage Terrain: Road, City streets
    $439.99at Best BuyObserved Nov 1, 2026, 12:25 PMCompare 2 stores →
  • Funhang
    Funhang City Cruiser 26
    #5

    Funhang City Cruiser 26

    • Motor power: 1000W peak
    • Battery: 48V 374.4Wh IPX5 waterproof removable
    • Range pedal assist: up to 50 miles
    $369.99at AmazonObserved Nov 1, 2026, 9:15 AMPrices and history →
  • R
    Ranger Step-Thru 2.0 Electric Bike
    #6

    Ranger Step-Thru 2.0 Electric Bike

    • Intended Use: Commuting
    • Usage Terrain: All terrains
    • Age Range: ADULT
    $799.99at AmazonObserved Nov 1, 2026, 9:19 AMCompare 3 stores →