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Best exercise bike deals and sales in June 2022

Exercise bike deals
(Image credit: Shutterstock)

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 Hydro Flask sales and the top Nike sales.

Best exercise bike deals 

Sunny Health & Fitness Indoor Bike: was $399 now $299 @ Amazon (opens in new tab)
The Sunny Health & Fitness indoor bike has good resistance, takes up little space, and best of all is very affordable (especially now that it's on sale). It has a steel frame and a 49-pound weighted flywheel that gives it the look and feel of bikes used in boutique gyms. It can hold a maximum weight of 275 pounds, plus it has a bottle holder, and adjustable seat and handlebars.

Schwinn IC4 Indoor Cycling Bike: was $1,199 now $995 @ Amazon (opens in new tab)
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). 

Bowflex C7 exercise bike: was $1,299 now $699 @ Bowflex (opens in new tab)
This Bowflex exercise bike is a wonderful budget alternative to a Peloton. It comes with a 7” HD touchscreen and a stand for your phone or tablet, meaning you get the best of both worlds. You view Peloton or Zwift workouts through your smart device and even stream Netflix, Hulu, and Disney+ straight to your bike’s touchscreen if you have a JRNY subscription. Note: discount applied in cart. 

Exerpeutic Folding Indoor Bike: was $199 now $149 @ Amazon (opens in new tab)
The Exerpeutic Folding Exercise Bike is capable of folding to half its size, but the bike is still sturdy enough to hold up to 300 pounds. It features an LCD that shows your workout metrics and it also has built-in pulse sensors in its handlebar, so you can monitor your target heart rate. At just under $150, it's one of the best cheap exercise bike deals we've seen. 

Echelon Connect Exercise Bike: was $599 now $255 @ Walmart (opens in new tab)
The Echelon Connect's magnetic flywheel offers 32 levels of resistance. 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. You also gain access to FitPass, Echelon's equipment-free membership, which offers workouts like HIIT, yoga, strength-training, and more.

YOSUDA Indoor Cycling Bike: was $399 now $279 @ Amazon (opens in new tab)
This exercise bike features a 35-pound flywheel. Its heavy-duty steel frame guarantees stability during the most intense workouts. As part of its current exercise bike sales — Amazon has lowered the price to $279 after an on-page digital coupon. 

Bowflex VeloCore Bike: was $1,999 now $1,499 @ Best Buy (opens in new tab)
The Bowflex VeloCore Bike is one of the best Peloton alternatives you'll find. It leans from side to side so you feel like you're riding a real bike. Plus, its side-to-side movement will help tone your midsection. It comes with a 12-month subscription to Bowflex's training platform, JRNY.

Cyclace Exercise Bike: was $369 now $329 @ Amazon (opens in new tab)
Cyclace exercise bikes are as sturdy as you'll find for the price. Equipped with thickened steel and a triangular frame, this bike can support a rider up to 330 pounds. While the LCD monitor tracks your metrics, there's a phone holder that lets you watch videos while your spin. Use the on-page digital coupon to drop its price to its lowest to date. 

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. 
  • 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.