Best exercise bike deals and sales in October 2023

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An exercise bike is a great way to workout from home. Best of all, unlike gym memberships, there are plenty of exercise bike deals that can make purchasing one a lot more affordable.

Exercise bike deals can run the gamut from just over $99 to over $2,000 for a high-end Peloton bike. Some exercise bikes come with displays that let you view your stats and workout programs in real time, while others have a slot front-and-center for your phone or tablet.

No matter what your budget is, we're rounding up the best exercise bike deals and sales you can get right now. If you're not sure which bike is right for you, make sure to check out our guide to the best exercise bikes for your home. If you're looking for more fitness deals, check out our lists of the best treadmill deals and Apple Watch deals.

Best exercise bike deals

Echelon Connect Sport S Bike: was $799 now $397 @ Walmart
The Echelon Connect Sport S Bike offers 32 levels of resistance. It features a deluxe wide seat and fully adjustable toe cages to prevent your feet from slipping while you cycle. There are also padded and ergonomic handlebars to comfortably support upper-body alignment when transitioning between intensity levels. Plus, there's a built-in 10-inch screen where you can view your progress. This exercise bike deal also comes with a free 30-day trial of Echelon Fitness' premier membership, Echelon United. Membership gives you access to thousands of live and on-demand connected fitness classes.

Schwinn IC4 Indoor Cycling Bike: was $1,199 now $999 @ Amazon
Bring spinning class straight to your home with the Schwinn IC4 Indoor Cycling Bike. It features a 40-pound flywheel powered by a smooth and silent belt drive with 100 levels of magnetic resistance. There's also a built-in LCD that can monitor heart rate, as well as standard metrics like time, distance, calories burned, and RPMs. It works with cycling apps from Peloton and Zwift. You also get a free 1-year JRNY Membership ($149 value).

Tips for finding the cheap exercise bike deals

Know your budget: Exercise bikes can range from $99 to over $2,000 To avoid winding up with an expensive coat rack, be honest with yourself and ask how often you will use your bike.
Find out how much dedicated space you have: Exercise bikes can take up a lot of space. If you live in a crowded apartment, you'll probably want a compact bike or a folding bike. These tend to be cheaper than most exercise bikes.
Wait for a holiday to make your purchase: While you can generally find exercise bike deals any time of the year, you'll find the cheapest prices on major holidays. Memorial Day, 4th of July, and Labor Day are excellent times to make your purchase. The start of the new year is also a great time as that's when you'll see retailers focus on fitness deals.
Do your homework: The best exercise bike is the one you'll enjoy using. Look for reader reviews of bikes and pick three models you're interested in. Then look those models up at Amazon, Best Buy, Dick's Sporting Good, or other retailers to see who has the lowest price.

As deals editor at Tom’s Guide, Louis is constantly looking for ways to avoid paying full price for the latest gadgets. With over 10 years of deals-hunting experience, Louis price checks against multiple retailers and searches high and low for the best deals to bring readers. A born-and-bred New Yorker, Louis is also an avid swimmer and marathoner. His work has appeared on Gizmodo, CNET, and Time Out New York.