Best Electric Dryer Under $500 (Top 5 clothes dryer Reviews)

electric dryers under $500

A powerful dryer is a vital appliance in any household, so I created this post to help you find the best dryer under $500 for your budget.

I’ll help you understand what you need, so you can make an informed decision.

The best electric dryer under $500 is a must-have for every household. It can take the hassle out of laundry day and save you time, energy and money.

No matter how hard you try, sometimes you just can’t beat your laundry to the line on a breezy afternoon.

It can be tricky to know where to hang your clothes when the wind is blowing.

But an electric dryer could help out with this problem. It gives you a convenient and affordable way to get the job done quickly.

And they are often eco-friendly too, which means lower utility bills for your household.

This guide includes electric dryers under $500 reviews of all sizes. So you can find a great one that meets your needs and budget.

So, let’s get into it.

The best dryers under 500 with power-saver awaits.

How to Buy an Electric Dryer under $500

Choosing the best clothes dryer under $500 for your home is easy if you know what features to look out for.

You don’t need a lot of bells and whistles, but it’s important to have enough capacity for the number of clothes you need to dry.

It’s also important to consider how much energy consumption you can handle, and what controls are best for your household.

If you’re running a laundry business or live in a large home with several people, then it’s important that the machine can handle heavy loads. You’ll also want to focus on energy efficiency and consider your long-term costs.

And in terms of affordability and budget, if you can spend slightly $100 more, check my post on the best electric dryer under $600.

Best Electric Dryer Under $500

As per Statista reports, the number of electric Dryer Consumers is monotonically increasing year by year. In 2017, 6.39 million electric dryers were shipped in the United States.

So check out the five dryers reviewed here, and find one that’s right for you. I’ve included both compact and full-sized dryer options, so there’s sure to be something that meets every laundry need.

COSTWAY Electric Tumble Dryer

Main Features:

Power: 850 W

Weight: 10 Pounds

Capacity: 10 lbs large capacity

Has 3 different time length modes: Cool, Warm, and Hot

Included with the dryer: Cloth dryer, Hanging bracket, Plastic spacers, Exhaust connector, 4x 12mm long screws, 4x 25mm long screws.

Costway Electric Tumble Dryer is a perfect laundry solution for your home. Just set the timer and forget about it! This dryer features a smart sensor that automatically detects the load size and adjusts drying time accordingly, saving you energy and money.

The easy-to-use control panel allows you to select the length of the cycle or different modes including normal, heavy-duty, delicate, mixed loads, etc.

With the COSTWAY electric dryer, you can mount it on any surface! Whether you need to be able to move your dryer from room to room quickly because of certain chores, or if you want your dryer off the ground for storage purposes – this is a must-have product.

You’ll no longer have to worry about mold and mildew if your clothes get stacked high or hang too long inside the machine.

This is one of the best electric dryer under $500 you will ever find in this budget which is why it’s so popular. 


• Dry clothes faster with super-fast heating and drying.

• Have a machine that will last for years to come

• Minimize the noise impact while maintaining powerful performance

• Carry it anywhere, without any worries about pesky main cords


  • None

Panda PAN865W 2.6 cu.ft Compact Laundry Dryer

Main Features

  • Capacity measures: 2.6 cu. Ft.
  • 23.6” W x 17.1” D x 27.6” H dimensions of (lxbxh) with a drying capacity of 8.8 lbs.
  • Voltage Operating – 110V-50/60 Hz
  • Integrated with Humidity Sensor and a Touch-screen control panel
  • Elegant Visual Look
  • Can be installed into different modes.

This is not the average dryer. It’s a stainless steel drum that sits in a compact space–and you’ll have full control anytime, anywhere with an intelligent humidity sensor and touch-screen control panel.

Venting through the top or bottom of the unit for increased flexibility on where it can be installed while delivering efficient drying performance of up to 8.8 pounds per week, the Panda PAN865W has multiple installation modes so you can use it side by side with another appliance, stack more than one dryer inside each other or mount this appliance vertically against a wall.

It has a 2.6 cubic feet drying capacity and features tub rotation that eliminates the need to turn clothes when using the venting option therefore it is listed as the second best dryer under $500 in our reviews.


• Powerful performance with fast heating and drying.

• Elegant stainless steel drum with an attractive visual look.

• Controlled through a touch-screen

• Uses less energy than standard dryers.

• Get the same benefits of a full-sized machine without taking up any extra space.

• Conveniently wraps around the corner for easy access.


• The unit is a little noisy when operating.

Magic Chef MCPMCSCDRY1S Electric Dryer

So it’s chilly outside but you’re still feeling the summer heat? No need to sweat. Get your favorite flavor foods dried and ready for winter with Magic Chef MCPMCSCDRY1S.

This durable stainless steel food dryer is equipped with 5 drying options that are sure to recharge you, and of course, the high-quality PTC ceramic heating element means your food will be dried in no time on every level!

Enhance those flavors by incorporating lint filters that can catch the finest shedding particles inside as well as a mesh air intake filter that prevents large pieces from sneaking through, all while comfortably controlling humidity levels by choosing any Hi-Lo temperature settings. Now whether it’s sunny or stormy outside, make today great—and tomorrow even better.


• Fast and powerful performance.

• Multiple options for increased flexibility.

• Comes with lint filters that catch the finest particles as well as a mesh air intake filter that prevents large pieces from sneaking through while controlling humidity levels by choosing any Hi-Lo temperature settings.


  • Never shuts off!

Merax MX00776 Compact Clothes Laundry Dryer

The Merax MX00776 Compact Laundry is the right investment for your lifestyle. It’s made with a long-lasting stainless steel exterior that will never warp even after frequent use and time go on.

This washer has a capacity of 8.8 pounds which is perfect for the average family unit, it also comes with an energy-efficient 1400-watt motor to ensure environmental friendliness but keep you satisfied in terms of power washing capabilities.

A little white clothes washer with a powerful performance, thoughtful design, and high-quality build? It’s like the anti-Clothesline.

The MX00776 Compact Laundry washer is the best clothes dryer under $500 that streamlines your cleaning by saving you space in your home or apartment while also making sure to always do things on time.

You’ll love how easy it is to transport this appliance when traveling and when going out of town for the weekend!

And because we know you don’t want to be disturbed at night – this laundry machine emits noise levels below 30db so as not to disturb the peace around your house!


• Save space without sacrificing performance

• 1 week of clothes can be washed in the same amount of time.

• Engineered with high-quality materials to make it durable.

• Less noise means less annoyance for you and those around the washer

• Easy to transport, making it perfect for small spaces or living in college dorms.

• Includes a long-lasting warranty so that you are taken care of in the case any issues arise

VIVOHOME Electric Portable 2 in 1 Twin Tub Mini Laundry Washer

Main Features : 

2 in 1 with washer and dryer adjacent located.

Durable plastic design – rust resistant

Can hold up to 5.5 lbs

Washing time: 15 min

Spinning time: 5 minutes per load.

This washer is built to last a lifetime with its 23.2 x 14 x 26.6 inches stainless steel drum and special resin coating.

It’s designed to be able to wash up to 6 Kg of laundry in one go! This means you’ll save time from doing smaller loads throughout the week.

Not only does it function as an electric mini laundry washer, but also as a mangle, ironing board, blanket warmer.

Create more space for your home by letting our electrical mini laundry take care of your laundry needs all day long!

With the VIVOHOME Electric Dryer, you can dry your clothes without moving a muscle. Pop your dirty laundry in, turn on any faucet or tap and it’ll run through this cleverly designed machine which suspends a stainless steel drum just above water using an internal motor.

With wheels and other weight-bearing supports hidden from sight, it folds up neatly like those old-school luggage sets you see at Target, making storage simple too.

And if that wasn’t handy enough already, imagine we’ve thrown in an easy zip-off cover so you don’t sweat all over yourself as well!

They always say to buy an electric one over a manual, but why? All you have to do with the manual is your arm workout. Who needs that? Especially when all they’re going to get are weird hand-shaped bruises on their spinning arms…WITHOUT THE WORKOUT!

But if you still prefer a nonelectric, then I would like my life in return, please. Seriously though how did we go without electricity for thousands of years and now this machine has only been around since 1779!?

Anyways – stay in shape AND pour yourself another cup of coffee at the same time because VIVOHOME’s electric portable 2-in-1 washer/dryer will change your world whether you wanted it or not!


– Make your life easier by doing more with less.

– Save time and space in your home or office.

– Be the envy of all of your friends when they see you using this product.

What Is an Electric Dryer?

An electric dryer is a great solution for drying your clothes, as it uses electricity to do the job.

This saves you from having to hang laundry out on the line or in the backyard. You can use it inside or out so it’s perfect for year-round washing and drying.

But there are many different models on the market these days. And not all of them are suitable for your home. So which features matter most to you? It depends where you intend to install it…

How to Choose an Electric Dryer Location

Before choosing what model would best suit your needs, consider how you’re going to use it and where you will place it in your home. · If space is at a premium in your laundry room, a portable dryer may be the solution. These units can be installed on wheels so you can move them around as needed.

Some even feature casters that swivel to move the dryer over obstacles like carpet. They are often smaller than top-load models, which makes them ideal for small spaces in your laundry room or bedroom. But this also means they are not usually suitable for larger loads. ·

• A truly essential household appliance

• No more time wasted on laundry

• Electric dryers are the best for saving energy and your wallet

• Quiet, health-conscious cycles that won’t take up too much space in your home.

• Save time by not having to wait for a clothes dryer

• Get ahead of schedule with an electric company

• Be eco-friendly and save $$$ from your electricity bill

• The newest innovation in the laundry world.

What is the best affordable electric dryer?

The best affordable electric dryer is the Panda PAN865W 2.6 cu.ft Compact Laundry Dryer. Ranges in price from $250 to $300.

What is the best brand for electric dryers?

COstway, Panda and MagiChef.

Is it better to have a gas or electric dryer?

It’s better to have a gas dryer because it has more time than an electric dryer.

A gas dryer could take between 1-2 hours, an electric dry will go on for 30 minutes, the average amount of time is 45 minutes. The main reason is that most of the power usage in a gas ar still electrical power transferred in from the wires from the central power plant–it’s only about 20% fuel and 80% electricity.

How long should a dryer last?

The average dryer will last about 10 years before burning out.

Thanks for Reading My Electric Dryer Reviews!

I hope you enjoyed this list of the best dryers under 500 and found the information about how to select the right appliance to be useful.

As you’ve come to learn in the electric dryers under $500 reviews above, there are no one-size-fits-all dryers for every household.

Clearly, each person has their own preference on things like how the appliance is powered, the amount of control they want over the drying process, how easy it is to use, and even how much space it takes up.

The best thing you can do is pick one of the best electric dryer under $500 from my reviews list that has features that meet your individual needs and preferences and has drying power to match.

Once you do that, you’ll be more than happy with any one of the popular and best clothes dryer under $500 listed above since it’ll satisfy your needs now, and into the future.

The best dryer under $500 is an excellent choice for anyone who doesn’t want to spend a lot and still wants a reliable appliance.

Be aware that the cost of repairs will be higher with this type of product, but if you don’t have much money in the first place then it’s worth considering making some sacrifices on quality to save more money!

Happy Cleaning!

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