Top 10 Best motorcycle under $5,000 in 2023
Motorcycles Auto News

Top 10 best motorcycles under $5000 in the USA | Cheapest motorcycle in 2023

The top 10 Best motorcycle under 5000 includes Honda Monkey, Honda Rebel 300, Royal Enfield Classic 350, Benelli 302S, BMW G310R, CSC RX4 Adventure, Honda CB300R, Yamaha YZF-R3, Kawasaki KLX230 and Yamaha MT-03.

Motorcycles can be a great choice if you’re looking for a reliable and efficient mode of transportation, particularly if you’re on a tight budget. Although there are many high-end models on the market, not everyone has the money to invest in an expensive cycle. Fortunately, there are lots of excellent choices that are reasonably priced while still providing exceptional function, comfort, and style. The top 10 best motorcycles under 5000 will be explored in this article, with consideration given to aspects like reliability, fuel economy, handling, and overall value. This guide will help you in selecting the ideal motorbike for what you need, whether you’re a beginner looking to get started or an experienced rider on a tight budget.

Motorcycle nameFuel economyTop speedPrice (USD)
2023 Honda Monkey156 MPG56 mph$4,249
2023 Honda Rebel 30078 MPG85 mph$4,749
2023 Royal Enfield Classic 35070 MPG70 mph$4,799
2023 Benelli 302S58 MPG93 mph$4,889
2023 BMW G310R71 MPG88 mph$4845
2023 CSC RX4 Adventure56 MPG97 mph$4,995
2023 Honda CB300R54 MPG95 mph$4949
2023 Yamaha YZF-R356 MPG112 mph$4999
2023 Kawasaki KLX23071 MPG78 mph$4,999
2023 Yamaha MT-0356 MPG108 mph$4,999

Also see |

10 Best motorcycles under 5000

2023 Honda Monkey - cheapest motorycle under $5000

1. 2023 Honda Monkey

Price: $4,249

Rating: 3.5 out of 5.
EngineMileageTop speed
123.9 cc156 MPG56 mph

The Honda Monkey is one the smallest and cheapest motorcycle in 2023. It is powered by a 123.9 cc single cylinder air-cooled fuel-injected engine that produces a max power of 9.7 BHP and peak torque of 7.7 lb-ft. The cool looking motorcycle comes with seat height of 30.5 inch. It gets 31 mm inverted forks at the front and twin shock absorbers at the rear. This fun to ride motorcycle rides on 120/80-12 size front tyre and 130/80-12 size rear tyre. Breaking duties are handled by 220 mm front disc and 190 mm rear disc.


2023 Honda Rebel 300 - cruiser bike under $5000

2. 2023 Honda Rebel 300

Price: $4,749

Rating: 3.5 out of 5.
EngineMileageTop speed
286 cc78 MPG85 mph

If you are looking for the best cruiser bike under 5000 then the 2023 Honda Rebel 300 could be a best option for you. The Rebel 300 is powered by a 286 cc single cylinder liquid cooled engine that produces a max power of 25 hp and peak torque of 17.6 lb-ft. The affordable cruiser motorcycle rides on 130/90-16 size front tyre and 150/80-16 size rear tyre. To give you a smooth ride, It gets 41 mm telescopic forks at the front and dual shock absorbers at the rear.


2023 Royal Enfield Classic 350- best motorcycles under $5000

3. 2023 Royal Enfield Classic 350

Price: $4,799

Rating: 4 out of 5.
EngineMileageTop speed
349 cc70 MPG70 mph

The Royal Enfield Classic 350 is one of the most famous and iconic motorcycle in the segment. The Classic 350 is powered by a 349 cc single cylinder air-oil cooled engine that churns out a max power of 20.2 bhp at 6100 rpm and peak torque of 19.9 lb-ft at 4000 rpm. It comes with a 41 mm telescopic suspension at the front and twin tube emulsion shock absorbers at the rear. It gets 100/90-19 size front tyre and 120/80-18 size rear tyre. Braking duties are handled by 300 mm disc with twin piston calliper at the front and 270 mm disc with single piston calliper at the rear.


2023 Benelli 302S

4. 2023 Benelli 302S

Price: $4,889

Rating: 3.5 out of 5.
EngineMileageTop speed
300 cc58 MPG93 mph

The Benelli 302S is a naked streetfighter motorcycle that comes with 300 cc parallel twin cylinder engine that produces a max power of 37.5 bhp and peak torque of 18.9 lb-ft. It comes with a 41 mm up-side-down forks at the front and monoshock absorbers at the rear. This naked streetfighter is capable of hitting a top speed of 93 mph (150 kmph). It rides on 120/70-ZR17 size front tyre and 160/60-ZR17 size rear tyre. It weights around 408 lbs and comes with a fuel tank capacity of 4.2 gallons.


2023 BMW G310R

5. 2023 BMW G310R

Price: $4,845

Rating: 4 out of 5.
EngineMileageTop speed
313 cc71 MPG88 mph

If you want a BMW motorcycle under $5000 then the 2023 G310R is there for you. This enty level BMW motorycle is powered by a 313 cc single cylinder water-cooled engine that produces a max power of 34 hp at 9250 rpm and peak torque of 20.6 lb-ft at 7500 rpm. This BMW motorcycle looks great and comes with lots of modern tech. It gets 17 inches of wheels at both ends and it rides on 110/70-R17 size front tyre and 150/60 R17 size rear tyre. Braking duties are handled by 11.8 inche disc at the front and 9.5 inch disc at the rear, and to give you confident riding it has BMW Motorrad ABS as well.


2023 CSC RX4 Adventure - best bike for long tours under $5K

6. 2023 CSC RX4 Adventure

Price: $4,995

Rating: 4 out of 5.
EngineMileageTop speed
450.3 cc56 MPG97 mph

The CSC RX4 Adventure is one of the best motorcycle for long tours and adventure riding under $5000. It comes with adventure characteristics and mounts for side panniers and top racks. It is powered by a 450.3 cc single cylinder liquid cooled engine mated to a 6 speed gearbox. It produces a peak power of 40.2 PS and peak torque of 27.29 lb-ft. It comes with a features like an electronic tyre pressure monitoring system, full LED lighting, Dual Flash Hazard lights, 3D anti fog headlamp, etc. Braking hardware included large diameter dual front disc brakes and single rear disc brake along with an ABS.


2023 Honda CB300R

7. 2023 Honda CB300R

Price: $4,949

Rating: 4 out of 5.
EngineMileageTop speed
286 cc54 MPG95 mph

The Honda CB300R is an entry-level cafe racer motorcycle under $5,000 that you can buy in the United States right now. It looks minimal and attractive, and comes with little sporty riding posture. The CB300R is powered by a 286 cc single cylinder liquid cooled engine that churns out 31 HP of max power and 20.3 lb-ft of peak torque. It gets 41 mm telescopic forks at the front and Mono shock suspension at the rear. Braking hardware includes 296 mm disc up front and 220 mm disc at the back along with dual channel ABS.


2023 Yamaha YZF-R3 - best sports bike under $5000

8. 2023 Yamaha YZF-R3

Price: $4,999

Rating: 4 out of 5.
EngineMileageTop speed
321 cc56 MPG112 mph

If you are looking for fully faired sports bike under $5000 then the 2023 Yamaha YZF-R3 is definitely a great option for you. The Yamaha R3 is a great combination of good looks, sporty design, and power. If you are planning to switch from commuter bike to sports bike then you must take a test ride of the R3. The cheapest sportbike is powered by a 321 cc parallel twin liquid cooled engine that produces a max power of 41.4 hp and peak torque of 21.8 lb-ft.

It comes with a USD forks at the front and monoshock absorbers at the rear. Braking duties are handled by 298 mm disc up front and 220 mm disc at the back. For added safety it has dual channel ABS as well.


dual sports bike under $5k - 2023 Kawasaki KLX230

9. 2023 Kawasaki KLX230

Price: $4,999

Rating: 4 out of 5.
EngineMileageTop speed
233 cc71 MPG78 mph

The Kawasaki KLX 230 is a dual sports motorcycle that comes under $5,000. It is powered by a 233 cc single cylinder air cooled engine that churns out 18.7 hp of power and 14.6 lb-ft of torque. It rides on 21 inch front wheel and 18 inch rear wheel, and it gets disc brakes at both the ends. It gets front forks suspension with 8.7 inch of travel and rear monoshock suspension with 8.8 inch rear wheel travel.


2023 Yamaha MT-03 - best naked bike under 5000 in USA

10. 2023 Yamaha MT-03

Price: $4,999

Rating: 4 out of 5.
EngineMileageTop speed
321 cc56 MPG108 mph

The Yamaha MT-03 is a naked version the YZF-R3. It is one of the best naked sports motorycle under 5000 that offers great value for money. The headlight design of the bike is a main center of attraction. It is powered by the same 321 cc parallel twin liquid cooled engine that produces a max power of 41.4 hp and peak torque of 24 lb-ft. It comes with a features like dual channel ABS, LED lighting setup, LCD instrument cluster, etc. The MT-03 comes with a fuel tank capacity of 3.7 gallons and it offers a fuel economy of 56 mpg.

Also see |

Best motorcycle under $5,000 FAQs

Which motorbike is best under 5000?

The 2023 Honda Monkey, 2023 Honda Rebel 300, 2023 Royal Enfield Classic 350, 2023 BMW G310R, 2023 Yamaha YZF-R3, and 2023 Yamaha MT-03 are the best motorbike under 5000.

Which is the best cheapest motorbike?

The 2023 Honda Monkey, 2023 Honda Rebel 300, 2023 Royal Enfield Classic 350, 2023 Benelli 302S and 2023 BMW G310R are the best cheapest motorbike in 2023.

Which sports bike is best under $5k?

The Yamaha YZF-R3, Benelli 302S and Yamaha MT-03 are the best sports bike under $5k.

Which is the best dual sports bike under $5,000?

The Kawasaki KLX230 is the best dual sports bike under $5,000.

Go to homepage: us.wheelsupdates.com