Peloton is one of the most popular names in the fitness tech industry right now. Not only is their innovative exercise equipment with real-time coaching popular among enthusiasts, but it is reaching the masses with excellent marketing.

That being said, there is still a major barrier to entry among those that might not be fitness enthusiasts. After all, the price is rather expensive.

Either way, if you are committed to changing your fitness habits, the technology can be a game-changer. Whereas you might have had to join an expensive gym in order to get real-time access to professional coaching, you are able to bring that expertise to your home gym with Peloton.

There are plenty of different kinds of exercise and fitness alternatives including competing brands and products to Peloton.

Therefore, you aren’t forced to pay Peloton’s higher price tag in order to better your fitness routine.

Peloton managed to completely flip the industry on its head with its home bike and treadmill innovations and brought them into the 21st century with a bang. With their innovative workouts and real-time coaching, you no longer have to sign up for classes and make your workouts more inconvenient than they already are.

With a couple of taps on your Peloton bike or treadmill, you will be connected in real-time to professional instructors in the Big Apple and sweating to no end. Being able to exercise with professional instructors is easily one of the main reasons high profile CEOs and business professionals can’t say enough good things about their products.

As mentioned, Peloton’s products can come with a very significant price tag which can sway you from purchasing one. After all, their bike starts at just over $2,000. Whereas, their treadmill starts at a very significant $4,000 or more.

Thus, even the most inclined fitness enthusiasts might stop to reconsider their purchase at that price tag.

Luckily, there are plenty of affordable options that you could consider if you are looking for the same type of experience on a budget.

Below, we will go over some budget options for those looking for Peloton alternatives starting at just under $200.

Top 7 Best Alternatives to Peloton in 2020

  1. Echelon Smart Connect (EX3 MAX) Bike – Just over $800 with financing through Echelon
  2. Bowflex C6 – Starting at $899
  3. L Now Indoor Bike – Just over $250 when using a coupon
  4. Gold’s Gym 300i Exercise Bike – Just under $200
  5. Schwinn Indoor Bike IC3 – Around $500
  6. ProForm – Smart Exercise Bike – Just under $900
  7. NordicTrack S22i Bike – $2,000

1. Echelon EX3 MAX Bike – Just over $1,000

a woman rides the Echelon Ex5

When it comes to weighing the various alternatives based on ‘bang for your buck’ the best option would have to be the Smart Connect EX3 by Echelon (read our Echelon Bike review for more info).

Not only does it feature live streaming workouts just like Peloton, but it offers access to them through a fully connected app. When you combine this with a free iPad Air using code (FIT15) at checkout, you will be able to get a lot of the features of a Peloton at a much-reduced price.

While you will need to purchase both an application and a subscription to get Echelon’s premium workouts as you would with Peloton, the financing code above will give you 30 days of free access.

2. Bowflex C6 Bike – Starting at $899

bowflex c6

The Bowflex C6 is one of the more affordable bikes on our list, but you know it’s packed full of quality coming from one of the top fitness companies on the planet.

The C6 can even be used with the Peloton app, or a whole host of other riding apps that provide live and on demand workouts.

All you need is a tablet to stream your favorite fitness app, which can be easily mounted on their included tablet mount.

They’re currently offering some great introductory pricing, and financing is available.

3. L Now Indoor Bike – Just over $250 with coupon

L Now Indoor Bike

This bike isn’t only included because of its low price. While it’s a great deal, it’s on this list because of the positive feedback it has garnered.

After all, it features rave reviews on Amazon and it is one of the highest-rated bikes at its price point on the entire marketplace.

While you won’t get the same bells and whistles with this entry-level model, you will get a very durable bike that is made up of heavy-duty steel.

Along with this, it operates quite enough to avoid disturbing people in your home and it also features a convenient mobile device holder to accommodate your device.

4. Gold’s Gym Cycle 300 Ci Trainer – Starting at $198

Gold's Gym Cycle 300 Ci Trainer

Gold’s Gym Trainer is a good option to consider. It features a magnetic resistance flywheel in order to provide 16 digital resistance levels.

Along with this, it comes with a very comfortable over-sized cushion seat in order to accommodate longer workouts.

By using the device holder featured on the unit, you will be able to sync it up with iFit personal trainers and a 30-day trial membership comes included.

5. ProForm Smart Power Exercise Bike – Under $900

ProForm Smart Power Exercise Bike

This is another excellent bike that you could consider. It has an inertia-enhanced flywheel that provides fully magnetic resistance in order to accommodate a smooth ride. This means you won’t have to worry about disturbing others throughout your home when using it.

It also features a fully adjustable seat along with 22 levels of resistance in order to accommodate optimal posture during riding sessions and to maintain the right workout intensity.

When buying this bike, you get a full one-year iFit membership included which features interactive workout and training sessions that can control both your speed and resistance levels. These workouts will play on its built-in 10 inch HD color touchscreen.

6. Schwinn IC3 – $499

Schwinn IC3

If some of the models we have as low-cost alternatives are still out of your budget range, you might want to reconsider what your priorities are when it comes to buying a bike like this. After all, Peloton does provide classes through their app.

If so, you can consider the Schwinn IC3 which includes a media shelf that will allow you to leverage Peloton’s app without having to pay for such an expensive bike.

The reviews it has garnered are positive and they typically refer to the solid construction of the bike.

Basically the exact same bike as the Bowflex C6, but about $300 less.

7. NordicTrack Commercial S22i Bike – $2,000

NordicTrack Commercial S22i

This might not be too much cheaper than a Peloton, but it comes with comparable features and a high-build quality. It has a screen that is identical size as the Peloton. However, it has the ability for instructors to adjust your resistance and incline for you. With Peloton, you have to do this on your own.

Therefore, it can help to keep you much more focused throughout your workouts.

Full 1-year membership to these workouts is also included at its retail purchase price which is another significant advantage over the Peloton.