Best Folding Bike Under 300 Dollars in 2022

If you’re searching for the best folding bike under 300, then this guide could prove to be very helpful. Not only are bikes in this price range more affordable but they’re also compact and easy to store, even in small spaces. That’s why they’ve become so incredibly popular over the years. They offer a convenient option for cyclists that like to get their exercise on the go and use their bike for commuting.

Now, there aren’t a lot of folding bikes in this price range. But after doing our research, we managed to find some great folding bikes.

Best Affordable Folding Bikes Under 300

To help you find the best folding bikes under $300, we tested out different models to bring you the following list, which you can rest assured we can vouch for.

1. Schwinn Loop Adult Folding Bike

In our search for the best folding bicycles under 300, we came across this adult folding bicycle from Schwinn. This is a company that’s known as one of the best bike manufacturers in the world.

This particular model from them has the ability to handle large wheels of up to 20 inches. This makes it easier to climb uphill and handle challenging terrain.

It allows you to shift between 7 different speeds thanks to the accessible settings. There are also three different colors to choose from, making it a style item. You’ll be glad to know that this bike allows you to adjust the stem and customize the bike to your height. Otherwise, once folded, this bicycle measures 29.5” x 29” x 19”.

This bike also comes with a rear carry pack and a nylon bag. Both of which you can use to store and carry useful knick-knacks.

  • It comes with a handy nylon bag
  • There’s a carrying rack at the back for your convenience
  • It can handle hilly terrain with ease
  • There are 7 different speeds for you to choose from
  • Comes with 20-inch wheels
  • Available in 3 different colors
  • Customer support could use some improvement

2. EuroMini ZiZZO Via Folding Bike

Known as the best affordable folding bike on the market, this cute EuroMini bicycle is lightweight and easy to fold.

It’s constructed from lightweight and durable aluminum on the frame. Offers 7 different speed settings to choose from which is effortless thanks to the easy speed shifter.

It features stainless steel gears that are as durable as they are functional and effective. You can even customize this bike by adjusting the stem. The built-in magnet catcher that’s designed to keep the bike folded nicely.

This bike has a weight carrying capacity of up to 240 pounds and it’s available in two different colors. Its measurements when folded are 27” x 31” x 12.5” (H, L, W), making it super-compact.

  • Although lightweight and compact, it has a weight carrying capacity of up to 240 pounds
  • Once folded the built-in magnet catcher keeps it in place
  • Comes with an adjustable stem
  • Made with stainless steel gears
  • Comes in 7 different speed settings
  • Two different colors to choose from
  • The sliding seat can be annoying

3. Xspec 21-Speed Folding Mountain Bike

Certainly deserving to be called the best folding bike under 300 the Xspec offers a smooth and efficient ride through mountain trails and similar terrain.

You’ll find that folding it is super easy. It’s convenient to use and it comes in a number of different colors to suit different personalities, including yellow, white, and black.

This bike is also built for safety, as evidenced by its back and front suspension. This offers the best shock absorption qualities possible. Thanks to this feature, you’ll find that it’s super easy for you to glide over rocks, bumps, and potholes with ease.

Other aspects that make this Xspec bike a high-performance model are its advanced disc brakes. These make it easier to bring the bicycle to a stop whenever you want and all without having to apply too much force.

  • Features Shimano derailleurs and shifters
  • Easy to fold, no tools needed
  • Durable frame that can handle rough terrain with ease
  • Made with a black high tensile folding frame
  • Comes with powerful disc brakes for safety
  • It’s not very well-made

How to Get the Best Folding Bike Under 300 Dollars

If you’re looking for the best budget folding bike under 200 or 300 then you should keep the following features in mind:


You want to make sure that your folding bike is made from a material that’s rugged and durable while being lightweight and easy to carry.

It should be nice and compact so that you can carry it with ease once it’s folded and it should ideally fit into your car. That’s why we typically recommend the following materials.


Aluminum is one of the most popular types of materials because it’s lightweight and durable. Bikes made from aluminum are typically long-lasting yet affordable.

It’s also resistant to rust and corrosion which means you can use it outside without worrying that it’ll disintegrate.


Steel is yet another durable material that’s affordable, but it’s also heavy. This means that your biceps will be working while carrying this bike around.

You want to be careful when riding a steel bicycle for bad knees because it’s susceptible to scratches and chips. It can rust and corrode when not looked after properly. With all that said, steel is a durable material that’s made to last.

Carbon Fiber

One of the things you may have noticed when going through our list of the best folding bicycle under $300 is that carbon fiber is quite common.

This is all thanks to its high-quality construction and the fact that it’s resistant to corrosion. This long-lasting material is also lightweight and easy to carry and ride for long periods of time.


Another important feature to keep in mind when shopping for a folding mountain bike is the size of the frame as well as the wheels.

Most foldable bike frames measure 16 to 20 inches with wheels that range from 16 to 28 inches tops. Now, this is a wide range, which is excellent.

However, you should consider things like the position of the seat underneath your pelvis to make sure that your legs don’t fully extend on the pedals, as there should always be a slight bend for the best results.


Most people tend to overlook handlebars on their bikes but you shouldn’t make this mistake because they play a huge role in your bike’s functionality and safety. You want adjustable handlebars that make it easier to comfortably navigate different types of terrain.

Opt for grip-friendly materials on your handlebars as well because you want to guarantee a firm grip that’ll keep you in control while making it easy to access the brakes when necessary.


You should ensure that your folding mountain bike has the number of gears that’ll make for an easy and safe ride. Your options include single speed bikes to 18 speed and 21-speed options.

Most people think that foldable bikes for adults don’t have a lot of gears to shift between. But this couldn’t be further from the truth. As you may have seen on the bikes featured above, gears can go up to 27 speeds.


To ensure safety, make sure that your bike comes with the best types of brakes possible.

To ensure maximum stopping power, you should ensure that the bike features both front and back brakes with the most popular being V-shaped rim brakes as well as disc brakes.

The latter option of brakes is durable and offers excellent stopping power, whereas V-shaped brakes come at a lower price.


It’s important to prioritize the bike pedals as well because they will determine comfortability and control.

Make sure that your bike pedals are compatible with your foot size so that you’re not stuck sliding out of the pedals every few minutes as it can really make it difficult to go uphill.

These types of pedals can also be unsafe in inclement weather and should be complemented by built-in straps for best results because you want to keep your feet in the same place.

Folding Mechanism

You’re reading this review because you want to find the best folding bike under 300 and part of this is ensuring that it’s easy to fold.

As such, you should look out for bikes that have a convenient folding mechanism so that it’s easy for you to fold and unfold without struggling.

The best folding bikes will fold and unfold within a few seconds and you can do this alone without the need for assistance from someone else.

The good news is that inexpensive folding bikes come with two main folding mechanisms:

Split Fold

The split fold is what holds the bike together at the center while making it easier to fold your bicycle with speed and ease. However, it also adds to the heft and weight of your bike.

Of course, this is a small price to pay for the ability to quickly and easily fold your bicycle.

Triangle Fold

The triangle fold is another popular type of fold when it comes to folding bikes. It’s made to accommodate the bike’s compact frame while ensuring that it stays folded once you’ve folded it.

The only downside with this kind of folding mechanism is that it’s based on latching hinges and you can only fold it using these components. This can be complicated for some and takes a bit of practice.


And just like that, our search for the best folding bikes under 300 comes to an end! We hope that this article has been very helpful in helping you to find a folding bike in this price range that meets your needs and preferences

We certainly went over and above when testing these bikes because we wanted to make sure that we bring you the best of the best. Speaking of which, if we were to choose only one model as the winner or the ultimate best folding bike under 300, it would be the Schwinn Loop Adult Folding Bike of course.

The great thing about this folding bicycle is that it ticks all the boxes of what we mentioned on the criteria highlighted above.

Shailen Vandeyar

A proud Indian origin Kiwi who loves to plant trees and play with my pet bunny when not out doing about every kind of biking and experiencing the occasional tumble. Ready to share the ride with you.

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