Home Gym Ideas on Budget of $500: Apartment Workout Equipment Guide

Home Gym Ideas on A Budget

Wondering how to make an apartment gym for less than $500? Here are some cool home gym equipment ideas

In the last article, we covered tips on earning money from the home gym. People prefer home gyms for many reasons such as no commute requirement, hygiene, flexibility in time, and avoiding overcrowding. Whatever your reason is, building an apartment gym is a wise decision. Although the workout equipment are super expensive, here are some low-cost options you can try. In this article, we have shared home gym ideas on a budget of $500 or less.

Please note that this article covers apartment exercise equipment ideas only. For ideas related to home gym room decoration and storage space, please revisit our blog after some weeks.

7 Low-Cost Apartment Workout Equipment

If you’re looking for some affordable home gym ideas on a budget of $500 in total, here are 7 exercise equipment you should consider investing in.

1) Multi-Gym Doorway Pull-Up Bar

Cost: $25 to $80

This instrument is for a complete upper-body workout. Over-the-door pull-up bar doesn’t require any assembly and is ready to use. The door frame must be sturdy enough to tolerate your weight.

cheap apartment workout equipment

Image source: Amazon.com

2) Ab Roller Wheel + Resistance Band

Cost $15 to $40

Ab roller wheel targets all four layers of your abdominals. It strengthens and tones your abs, shoulders, arms, and back. It is one of the top recommendations for home gym ideas on a budget of less than $40.

Gif source: YouTube

3) Multi-Functional Push-Up Board

Cost: Approx. $50

This board is combined with various workout tools such as resistance bands, foldable Pushup boards, and push-up bars. It strengthens your core. You can target different muscle groups such as the chest, shoulder, triceps, biceps, and back.

Apartment Workout Equipment idea
An Image Showing Multi-Functional Push-Up Board For Apartment Gym

Image source: Amazon.com

4) Folding Cycle for Stamina Building

 Cost: $20 to $45

This apartment workout equipment strengthens muscles and improves cardiovascular health. It provides a low-impact workout for the upper and lower body. It is for easy storage in the home or office because it is foldable. This cycle is often used in physiotherapy and is perfect for seniors and also for someone looking for rehabilitation after injury or illness.

Folding Cycle for Stamina Building
Folding Cycle for Stamina Building

Image source: Walmart

5) Folding Exercise Bike

Cost: Starts from $100

Foldable bikes are another perfect gym equipment if you’re looking for a home gym idea on a budget. You can adjust the manual resistance to meet your exercise goal and fitness level.

folding bike for apartment gym equipment
Folding Apartment Exercise Bike

Image source: Target

6) Folding Treadmill

Cost: Starts from $260

This is the most expensive apartment exercise equipment on our list. However, it is one of the most important machines for cardio exercises. For apartment home gym, use foldable treadmills. They are less expensive and easy to store.

Folding Treadmill for Apartment Home Gym
Folding Treadmill for Apartment Home Gym

Image source: Walmart

7) Dumbbells, and Kettlebells

Dumbbells: $10 and more

Kettlebells: $25 and more

No fitness setup is completed without weight Equipment. Dumbbells and kettlebells are quite convenient options for small apartment gyms compared to space-consuming barbells. They are affordable and available in a plethora of weight options. Needless to say, dumbbells and kettlebells are excellent for building, sculpting, toning, and strengthening muscles.  

Home Gym Ideas on A Budget: Heavy Equipment Buying Guide

There are two types of gym equipment. Big and heavy workout equipment consumes large space and typically ranges from $2,500 to $15,000. If you’re looking for home gym ideas on a budget, prefer the small-sized, low-cost apartment workout equipment that we mentioned above. Or buy pre-owned large workout equipment.

Larger Workout Equipment for Apartment Gyms

As these machines are space-consuming, they are more suitable for garages and not for a gym setup in the living room, balcony, or small backyard. Nevertheless, if you have sufficient space in your home, here are some cool places to buy used workout equipment for your apartment gym.

Thrift Stores/ Charity Stores

One of the safest places to buy used gym equipment is thrift stores. Here, check out the equipment’s actual condition, and try them out before taking the buying decision. Charity stores don’t buy this gym equipment but receive them as donations from individuals, clubs, and gyms. Because of the zero-investment cost, most thrift stores sell workout machines at a 50% to 80% discounted price.

If you never visited a thrift store/charity store before, simply search “thrift stores near me” on Google.

Use this Thrift Store Directory to let a list of charity stores in your area. This directory has phone numbers too, so you better call the store and ask if they have received any fitness machines donation before visiting the store.

Check out one of the biggest online thrift stores: shopgoodwill.com

An image of used treadmills from shopgoodwill.com

Craigslist and Facebook Marketplace

If you’re looking for home gym ideas on a low budget then don’t underestimate the power of the Facebook marketplace and Craigslist. Although these options sound cliché, you will be surprised to find really cheap home gym equipment here, directly from the owner. You have an ample chance for bargaining, too, which is not available anywhere else.


Medha Mehta

Medha Mehta

Medha is a Sr. content marketing manager at Yottled. She is passionate about writing, SEO, and digital marketing. She's a tech and cybersecurity enthusiast.

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