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Indoor cycling is all the rage these days, with Peloton leading the very pricey charge to get a bike into every home. Although gyms and spin studios are starting to open back up, there's much to be said for the convenience of working out on your own schedule, without having to go someplace other than your living room.

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But do you really have to pay $1,895 for a Peloton Bike or $2,495 for a Bike Plus, along with $39 a month for Peloton workout classes? Thankfully: no. There are plenty of indoor bikes that will let you pedal away at a much lower cost. Below I've rounded up a variety of Peloton alternatives, including one that's "free" (sort of). I've tried most of them and will continue to update this post as I'm able to try others. (In the meantime, if you want the cheapest possible option, see my story on a DIY Peloton bike, or how to build your own smart spin bike on the cheap.)

For now, let's talk about two key features that affect an indoor cycle's price: the screen and the subscription.

Read moreBest smart home gym: Peloton, Mirror, Tonal and others

The screen: Built-in or BYO?

The sexiest aspect of the Peloton exercise bike is, without question, its big HD touchscreen. It feels luxurious to interact with such a spacious display, whether for browsing Peloton classes, viewing your cycling stats or just watching your onscreen Peloton instructor. Of course, that's also a big reason the bike is so expensive; many indoor spin bike competitors come with a smaller screen or none at all.

peloton-bike-product-photos-1
Tyler Lizenby/CNET

The Bowflex C6, for example, doesn't come with any kind of display. Instead, it has a mount for your tablet, which connects to your choice of a third-party cycling app via Bluetooth. The smaller screen may not draw you in as much, but a tablet allows you to do things other than watch indoor cycling class videos, like read books, stream Netflix or even go on virtual outdoor scenic rides. I'm not saying one is definitively better than another -- there are pros and cons to built-in and BYO screens.

Read more: Best home exercise equipment in 2020

The subscription: Mandatory or optional?

If the goal of purchasing a piece of home-fitness equipment is to avoid pricey gym or class memberships, some of these bikes may leave you scratching your head. As noted, Peloton charges $39 per month; Myx Fitness runs a little cheaper at $29, while Echelon's plans range from $20 to $40.

If you buy a NordicTrack cycle, you get your first year of the companion iFit service at no extra charge. After that, it costs $39 a month, or about $33 if you prepay annually. Bowflex is an outlier here, with no required membership: Its cycling bike is designed to work with various third-party services that offer cycling classes, including Peloton Digital ($13 a month) and Zwift ($15 a month). Similarly, the Stryde bike can work with an eponymous app and subscription ($30 a month), but you can also skip it in favor of third-party options.

You can use any of these bikes independently, of course; you don't have to take a class (though Peloton does require a minimum one-year subscription as part of your purchase). But if you decide not to pay for a membership and fitness app, some bikes will no longer collect or display data, such as speed and distance, about your rides, which is one of the reasons someone might choose an indoor bike over a road bike.

What's more, as much as you might dislike the idea of yet another monthly subscription, even $40 is less than what you'd typically pay for just two or three drop-in cardio workout classes at your favorite indoor cycle studio (and it's worth it if you find a particular Peloton instructor particularly motivating). Just be sure to factor that cost into the overall expenditure and, where possible, look for discounts on the prepaid, annual subscriptions.

Let's take a look at the best indoor exercise bike options and see which is the right one to get your heart rate up and your legs pumping. Note that these prices are accurate at the time of this writing and subject to change. Also note that many of these fitness equipment sellers offer financing.

Peloton vs. best Peloton alternatives


Bowflex C6 Bowflex VeloCore Echelon Connect EX3 NordicTrack S15i Myx Fitness Myx Peloton Bike ProForm Studio Bike Limited
Starting price $999 $1,699 $1,040 $1,599 $1,299 $1,895 $0
Monthly fee N/A $20 $40 $39 $29 $39 $39
Subscription requirement N/A Optional Optional Optional Required Required Required for 3 years
Screen size (inches) BYO 16-in. and 22-in. BYO 14-in. 21.5-in. 21.5-in. 10-in.
Tyler Lizenby/CNET

Peloton's cycle is, without question, the Bentley of home exercise bikes -- a sturdy and beautiful machine that feels every inch like a premium product. Of course, it has a price tag to match the Peloton experience: $1,895, delivery and setup included, plus $39 a month for on-demand and live classes. And that's just for the original bike; the new Peloton Bike Plus runs $2,495.

Although I didn't love having to purchase (and use) special clip-in cycle shoes, I did enjoy the overall Peloton experience. The high-energy cycling classes are fun and engaging, with a huge variety of instructors, music genres and difficulty levels -- something for everyone.

Read my full review of the Bike Plus to get the full scoop on this worthy splurge.

Read our Peloton Bike review.

 

Bowflex

At $1,700, the VeloCore indoor cycling bike barely qualifies as an "affordable Peloton bike alternative" -- and if you opt for the model with the 22-inch screen, now you're up to $2,200. However, there's one very good reason to consider the VeloCore, and it's right there in the name: your core.

Whereas the NordicTrack S15i can tilt forward and back to help simulate going up and down hills, the VeloCore actually lets you lean side to side: The whole bike chassis can unlock to swing left and right, which makes the biking experience feel much more realistic when you're up in the saddle and pedaling hard. And if you hold that lean (as instructed in some classes, or whenever you want to amp up your ride), you feel it in your arms and abs.

This is no mere gimmick; I tested the VeloCore and found that the leaning capability really does add something. Riding this way has a more natural feel than the mechanically adjusted (and noisy) inclines afforded by the NordicTrack. The bike itself feels very solid, very premium, with pedals that support both regular and clip-in shoes, magnetic resistance and virtually silent operation. One complaint, however: There are five control buttons (volume, power, etc.) mounted behind the screen, but they're not labeled anywhere in front, so you'll have to somehow remember which does what, and access them by feel alone. Dumb design.

For the most part I liked Bowflex's JRNY software and service. The UI is lovely and fairly intuitive, offering a mix of trainer-led and virtual-coach classes (though only recorded ones, nothing live), scenic virtual rides, streaming radio stations and so on. You can also sign into streaming services like Amazon, Netflix, Hulu and Disney Plus, a capability I wish other bike platforms would allow. JRNY even supports syncing ride data with other cycling apps, like Peloton and Zwift, on your phone or tablet.

The service costs $20 a month or $149 annually. You can use the bike without it, but you lose most of the aforementioned features. Peloton's subscription (with bike) costs $39 a month. 

If you don't feel strongly about live classes and leaderboards, the VeloCore is definitely an appealing Peloton alternative. And when you factor in the cheaper subscription, you will indeed save money in the long run.

NordicTrack

NordicTrack's bike uses a mechanical shaft to simulate the inclines and declines of actual bike riding, so that when you're pedaling a virtual hill, it feels more like a hill. What's more, cycling class instructors and virtual-ride leaders can remotely adjust your bike's incline and resistance levels, meaning you're not constantly futzing with controls.

That's pretty cool, and one reason the S15i stands out among the bikes in this roundup. However, while the flywheel itself is all but silent, the rest of the machinery gets loud every time there's an adjustment to your workout. Likewise, the built-in fan is noisy to the point of distraction, even on the lowest speed.

My bigger complaint is about the integrated iFit software, which provides access to a wide assortment of classes, virtual rides and off-bike workouts like high-intensity interval training and kickboxing, all via a 14-inch touchscreen. Unfortunately, it's marred by an aggravating interface. Scrolling is slow and jerky, and there's no way to sort or even search the content, which isn't categorized in any meaningful way. So if you wanted to find, say, a yoga class, you'd have to scroll-scroll-scroll down the list until you eventually found the yoga section. Thankfully, in addition to prerecorded bike classes, iFit now offers live sessions as well.

And the first year is free. After that, it would cost you $39 a month or $33 if prepaid annually. You don't have to use it, but there's nowhere on the bike to rest a tablet if you'd rather, say, watch Hulu.

The bike itself is comfortable to ride, easy to adjust and fairly attractive, save for the chunky-looking arm-mounted screen. On the plus side, the screen can rotate for any off-bike classes you might want to take (though it can't tilt down, so it's hard to see during floor exercises).

Hardware and iFit issues aside, I really liked riding on virtual global roads and trails and letting instructors control the bike's incline and resistance. If that kind of exercise experience appeals to you, there's no better option than the S15i.

MYX Fitness

Myx Fitness offers the closest thing I've seen yet to a straight-up Peloton clone: a bike with a 21.5-inch screen and original, in-house fitness programming. The pricing is decidedly different, however, as the Myx stationary bike costs just $1,299, with a monthly membership fee of $29. So while it's not the least expensive option in the roundup, it offers considerable value. 

I'd skip the $1,499 Myx Plus, however, which adds only accessories like mats and weights that, frankly, aren't worth the money for an indoor cycling bike. You could buy the same gear piecemeal for the same or less.

The bike itself is as solid as they come, with reversible pedals (toe cages on one side, shoe clips on the other), handlebar height and depth adjusters and a monitor that can tilt and pivot. This last represents a huge advantage over Peloton, as it allows you to point the screen in different directions for off-bike classes. NordicTrack's S15i does likewise -- but costs $400 more and has a smaller screen.

Although the bike can track your heart rate (courtesy of an included Polar armband monitor), it doesn't collect or display cycling data such as speed, distance or resistance. That means instructors don't throw out numbers ("Speed up to 22!") during classes; instead, the guidance is more along the lines of, "OK, let's increase the resistance a little." You'll have to decide whether or not those metrics are important to the experience.

You'll also have to decide if live classes are something you want; Myx offers only on-demand sessions, with no plans to match Peloton's live ones. This is largely a matter of personal preference, but I liked the prerecorded Myx workouts I tried: It felt like I was one-on-one with a personal trainer instead of being just a random person in a big group. Similarly, I liked the metrics-free approach to cycling better than constantly chasing and checking speed and resistance numbers.

Finally, Myx's touchscreen user interface is excellent: clean, responsive and easy to navigate. It's currently home to hundreds of classes (not just biking, but also weight training, meditation, yoga and so on), with more added weekly. Virtual trail rides are now available as well, along with Myx Media content such as news and coach diaries.

Peloton and some other bikes feel like they're about competition: stats, leaderboards and all that. If you don't want to compete but do want a great cycling experience paired with an extra-large screen, the Myx bike feels like a steal. It's sure to turn a lot of Peloton shoppers' heads.

Echelon

If you want something close to the Peloton indoor bike experience without the price, look to Echelon. The company offers a very similar class structure, both live and on-demand, but it's available via less expensive hardware. The EX3, for example, costs $1,040, or you can get it with a one-year subscription for $1,400.

Echelon's newer EX5s ($1,640) comes mighty close to matching the actual Peloton hardware, thanks to its massive 21.5-inch screen. Other models in the lineup, including the EX3, require you to bring your own screen, in the form of an iPad or similar tablet. That means a smaller display, but it also opens the door to activities like reading books or streaming Netflix, options unavailable on the Peloton.

However, you can't use an Echelon bike with any third-party cycling apps -- not if you want real-time stats. For the moment, the bikes can pair only with the Echelon app. As noted, that app delivers a very Peloton-like experience, but also has roughly the same subscription rates.

To find out more, read my Echelon EX3 hands-on first take from 2019.

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Bowflex

Nearly all the other bikes here have one thing in common: They effectively rope you into their ecosystems, requiring a membership to fully take advantage of the hardware. Not so the Bowflex C6 -- it can pair via Bluetooth with a variety of different exercise apps, including Peloton's. Add to that one of the lowest prices of any "connected" bike and you've got a serious contender.

The included assembly manual provides very little actual instruction; it's mostly just a few diagrams. Using these, I was able to assemble the bike in about 45 minutes, with only a few head-scratching moments along the way. But Bowflex really should include a printed version of the more complete manual that's available online. That guide also covers using the control panel, which is barely mentioned in the print version. Even then, there's not nearly enough instruction on Bluetooth pairing.

The C6 spin bike looks a little skinnier, and therefore less substantial, than bikes costing more, but it feels mostly sturdy while you're riding and makes virtually no noise. The pedals have toe cages, but can also be used with clip-in cycling shoes. I did encounter one mechanical issue: My handlebar post wobbled just a bit, even after being fully tightened, though thankfully it didn't bother me while riding.

What did bother me was the tablet mount, which puts the screen at a very shallow angle and can't be adjusted. That mount sits just beyond the bike's control panel, which comes to life as soon as you start pedaling and displays six key metrics: time, calories, speed, distance, resistance level and pulse. Pulse readings come from an included rechargeable forearm monitor. Also included: a pair of 3-pound weights and two roomy water bottle holders. 

As noted above, the C6 works with a wide variety of third-party apps. I tried it with a few, including Peloton and Bowflex's own Explore the World. The latter takes you on virtual rides around the world, matching the video playback to your pedaling speed, but it's nowhere near as good as one called FulGaz. What's great, though, is you can try these and other apps to find whatever you like best during your indoor workout sessions.

That flexibility, coupled with the relatively low price of the machine itself, makes the C6 a solid choice for the budget-minded biker.

ProForm

It sounds almost too good to be true, but ProForm's deal is real -- and awesome: Pay $39 a month for an iFit subscription and the bike is yours for free. You have to keep that subscription for three years, but that brings your total out-of-pocket cost to right around $1,400. That's what you'd pay up front for a lot of bikes, and then you'd still be paying a monthly fee on top.

I haven't tried the Studio Bike Limited myself, but it resembles the NordicTrack S15i. No surprise there: Parent company Icon Health and Fitness owns both NordicTrack and ProForm, as well as iFit, among other brands.

The bike features a silent flywheel, height-adjustable seat and handlebars, digital resistance settings, 3-pound hand weights and a 10-inch touchscreen that can turn 180 degrees in either direction -- helpful for any off-bike classes you want to take.

Speaking of classes, iFit here is the same as iFit above. It serves up a wide variety of classes -- not just biking, but also high-intensity interval training, strength training, yoga and so on. Two things I particularly like: the virtual rides (in which you follow your instructor on gorgeous real-world trails) and the "live" resistance control, meaning the instructor changes your bike's resistance settings during your class or ride.

Note that ProForm also offers its Carbon E7 elliptical on the same terms ($0 down, $39 a month for 36 months).

Recommended, with reservations

Stryde

To look at the Stryde bike is to see a Peloton alternative with a similarly dazzling 21.5-inch screen but lower price tag: $1,595, plus a completely optional $30 monthly subscription. Unlike virtually every other bike with an integrated display, this one doesn't lock you into a custom ecosystem. Instead, it runs stock Android, so it's like having an oversize tablet at your fingertips, one capable of running not just Stryde's own app, but also a browser, Netflix and so on.

Unfortunately, this blessing is also a curse. This version of Android doesn't support Google Play Services, meaning there are certain apps -- HBO Max and Zwift, to name just two -- that won't run, period. And while Netflix comes preinstalled, other streaming apps (such as Hulu and Disney Plus) must be sideloaded. That's not a novice-friendly option.

Another disappointment: The screen doesn't rotate, so you can't easily use it for off-bike classes. Speaking of which, you'd have to find those elsewhere, as Stryde's membership plan currently includes cycling classes only. I also found the built-in speakers very tinny, and barely loud enough for me to hear my Netflix show. Thankfully, class volume was much louder, and it's easy enough to plug in wired headphones or pair any Bluetooth set.

One thing you can't work around is the meaty cable that dangles from the bottom of the tablet instead of running through the frame of the bike -- not a good look. It has Velcro straps, but there's no place to adequately secure the cord. What's more, about 20 minutes into my second workout, I noticed a squeaking sound coming from one side of the bike -- not something you want to hear from a brand new machine.

Instead of creating its own classes à la Peloton or Echelon, Stryde links you to around half a dozen different studios around the country, the idea being to give you a broader range of options and instructors. Using the Stryde app's simple pull-down menus, you can filter by studio, instructor, class length, music genre and so on (though not skill level). However, I found no classes designed to introduce you to the bike itself, and the "beginner ride" class I tried was anything but.

Much as I admire the sturdy design of the Stryde bike and versatility of its tablet, I don't think it's a good fit for all riders. If you're a studio-cycling novice or someone who's not comfortable tinkering with Android settings, I'd consider another machine.

Stay tuned for additional listings as I'm able to evaluate more bikes. In the meantime, if you've already used one of these models yourself, hit the comments and share what you like or don't like!

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