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Deal.ai › Milwaukee › Woodworking Routers
Milwaukee
Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)

Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)

4.6(72 ratings)

Best price now

$131.18at JB ToolsChecked 1 h ago

43% under what the other stores charge

Compared across 17 stores. Prices are checked against each store and labelled with when. Store links may earn us a commission. Price via Klarna.

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Price facts

  • Lowest price today: $131.18 at JB Tools (checked Nov 10, 2026).
  • Checked at 17 stores.

Our take on the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)

The Milwaukee 2723-20 is a cordless compact router built on the M18 battery platform. Its brushless motor spins to 31,000 RPM, which Milwaukee rates as matching corded 1.25 HP trim routers, and a variable-speed dial covers 10,000 to 31,000 RPM. Depth changes use a macro-adjust button plus a micro-adjust dial, and dual LEDs light the cut. It suits trim carpenters and woodworkers already on M18 batteries who want router work without a cord; it is sold as a bare tool, so battery and charger are extra. Against corded trim routers it trades unlimited runtime for portability, and against other cordless routers it is one of the few with a 4-inch sub-base and optional plunge and offset bases.

Best forTrim carpenters already on the M18 platformEdge profiling and roundovers away from outletsCabinet and countertop installersWoodworkers who want one battery system for shop and site
Pros
  • 31,000 RPM top speed rivals corded trim routers
  • Variable speed from 10,000 to 31,000 RPM for different materials
  • Micro-adjust dial and macro-adjust button make depth changes quick
  • Dual LEDs and a 4-inch sub-base aid visibility and stability
  • Accepts optional plunge and offset bases
  • Dust extractor port keeps the cut line clearer
Cons
  • Bare tool: no battery or charger included
  • Runtime depends on battery size; heavy use drains packs
  • Heavier and bulkier than a small corded trim router
  • Plunge and offset bases cost extra
  • No 1/4-inch and 1/2-inch collet choice; it takes 1/4-inch bits

Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool) prices at every store

  • JB ToolsNew

    In stock

    $131.18Free shippingChecked 1 h ago
    Visit JB Tools
  • eBayNew

    In stockSold by nailgunaccessories1

    $165.00Free shippingChecked 1 h ago
    Visit eBay
  • Chief Miller ApparelNew

    In stock

    $173.95Free shippingChecked 1 h ago
    Visit Chief Miller Apparel
  • BenchmarkSupply.comNew

    In stock

    $163.99+ $25.90 shippingChecked 1 h ago
    Visit BenchmarkSupply.com
  • Home DepotNew

    In stock

    $229.00Free shippingChecked 1 h ago
    Visit Home Depot
  • Ace HardwareNew

    In stock

    $229.00Free shippingChecked 1 h ago
    Visit Ace Hardware
  • Fasteners Tool OutletNew

    In stock

    $229.00Free shippingChecked 1 h ago
    Visit Fasteners Tool Outlet
  • Way SourceNew

    In stock

    $229.00Free shippingChecked 1 h ago
    Visit Way Source
  • Acme ToolsNew

    In stock

    $229.00Free shippingChecked 1 h ago
    Visit Acme Tools
  • Blain's Farm & FleetNew

    In stock

    $229.00Checked 1 h ago
    Visit Blain's Farm & Fleet
  • Blain's Farm & FleetNew

    In stock

    $229.00+ $1.99 shippingChecked 1 h ago
    Visit Blain's Farm & Fleet
  • Powerhouse True ValueNew

    In stock

    $229.00+ $11.95 shippingChecked 1 h ago
    Visit Powerhouse True Value
  • Grainger Industrial SupplyNew

    In stock

    $274.46+ $14.69 shippingChecked 1 h ago
    Visit Grainger Industrial Supply
  • Msc Industrial SupplyNew

    In stock

    $282.69+ $13.99 shippingChecked 1 h ago
    Visit Msc Industrial Supply
  • AmazonNew

    Availability unknown

    As an Amazon Associate, Deal.ai earns from qualifying purchases.

    $178.99Free shippingChecked 1 h ago
    Visit Amazon
  • BigRNew

    Availability unknown

    $229.99+ $10.30 shippingChecked 1 h ago
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  • WalmartNew

    Out of stockSold by Mass Depot LLCReturns: Sold by a Walmart Marketplace seller; returns go to the seller under the seller's returns policy.

    $129.99Free shippingChecked 1 h ago
    Visit Walmart

Store links may earn us a commission. Some prices via Klarna.

Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool) price history

$131.18$131.18
Nov 9Nov 10

Lowest price we've seen: $131.18 on Nov 9 at JB Tools. Tracked across 16 stores since Nov 9.

What reviewers say

  • 4.6 / 572 ratings

Owners rate it highly and mostly compare it to corded trim routers, saying the brushless motor holds speed through hardwood and the depth adjustment is precise. Complaints center on it being a bare tool and on battery drain during long routing sessions.

What people mention
  • PowerPraisedOwners say it cuts hardwoods without bogging down, close to corded trim routers.
  • Depth adjustmentPraisedThe micro-adjust dial and macro button are called fast and repeatable.
  • Battery lifeMixedRuntime is fine for trim work but long sessions drain packs quickly.
  • Bare toolCriticisedBuyers note the battery and charger are sold separately.
  • SizeMixedSome find it bulkier and heavier than a small corded trim router.

About the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)

The Milwaukee M18 FUEL™ Compact Router delivers the perfect combination of power, precision, and portability for clean, accurate cuts across a wide range of materials and applications. Powered by a POWERSTATE™ Brushless Motor and REDLINK PLUS™ Intelligence, this cordless router matches the performance of corded 1.25 HP trim routers, delivering a class-leading 31,000 RPM for fast, smooth cuts—even in hardwoods. With an M18 REDLITHIUM™ XC5.0 battery (sold separately), users can achieve up to 250 feet of 3/8" roundovers in red oak, ensuring all-day runtime with fewer interruptions. The router features a micro-adjust dial and macro-adjust button for fast, precise depth control, while the variable-speed dial (10,000–31,000 RPM) allows for optimal performance across different materials and tasks. Designed for stability and visibility, the tool includes a 4" sub-base plate and dual LED lights to illuminate the work surface. It’s also compatible with plunge and offset bases (sold separately), making it a versatile solution for both professional and DIY woodworking projects.

Specifications

color
MulticolorSource
Battery Technology
Li-IonSource
Width (")
3.23Source
Power Source
BatterySource
Voltage (V)

Questions and answers

Does it come with a battery and charger?
No. It is a bare tool, so you need an M18 battery and charger, sold separately.
What size bits does it take?
It uses 1/4-inch shank bits, the common size for compact and trim routers.
Can it use a plunge base?
Yes. Milwaukee offers plunge and offset bases for it, sold separately.
How does it compare with a corded trim router?
It matches corded 1.25 HP trim routers on speed and cutting power but runs on batteries, so runtime is limited by the pack you use.
Does it have dust collection?
Yes. It has a dust extractor port that connects to a vacuum hose.
Is the speed adjustable?
Yes. A dial sets speed from 10,000 to 31,000 RPM for different bits and materials.
Where is the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool) cheapest?
At JB Tools, for $131.18, 43% under what the other stores charge, as of our latest check.
What do buyers say about the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)?
Rated 4.6 out of 5 from 72 ratings.
Where can I buy the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)?
16 stores we checked sell it, including Home Depot, Ace Hardware, BenchmarkSupply.com, eBay, Chief Miller Apparel.

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Buying guides that pick the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool)

  • Best woodworking routers

Stores we've priced the Milwaukee 2723-20 M18 FUEL 18V Cordless Compact Router (Bare Tool) at

  • Ace Hardware deals and prices
  • Acme Tools deals and prices
  • BenchmarkSupply.com deals and prices
  • Blain's Farm & Fleet deals and prices
  • Fasteners Tool Outlet deals and prices
  • Grainger Industrial Supply deals and prices
  • Home Depot deals and prices
  • MSC Industrial Supply deals and prices

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All Milwaukee deals and products →
18.0Source
Height (")
6.86Source
Features
Dust ExtractorSource
No. of Batteries (pcs)
0Source
RPM (rpm)
31000Source
Weight (lb)
2.95Source
Length (")
4.79Source
Horsepower
1.25 hp
Speed Range
10,000 to 31,000 RPM
Speed
31,000 RPM
Collet Size
1/4 inch
Router Bit Compatibility
1/4 in. shank router bits
Router Compatibility
Makita plunge base
Supported Tools
Plunge base (sold separately), Offset base (sold separately)
Attachment Compatibility
Straight edge guide
Power Output
900 Watts
Power Type
Cordless electric
Amperage
0 A
Input Voltage
18 V
CNC Router
No