The best drill press under $500 is the JET 354170/JDP-17MF. It’s got a 1-HP motor that can run up to 3500 RPM, so it can handle anything you throw at it. It also has a large cast iron table with an X and Y axis for more functionality than your average drill press. It even comes with five year warranty from the manufacturer, which is unheard of in such an affordable model. If you’re in need of a drill press but don’t want to break the bank, then this one should be at the top of your list!
- 9 best Drill Press under 500 Dollars
- 1. Silverline 633764 Drill Stand 500 mm
- 2. Bosch Home and Garden Bench Drill PBD 40
- 3. RIKON 30-140, 34 Inch Benchtop Radial Drill Press
- 4. SHOP FOX W1670 1/2-Horsepower Floor Radial Drill Press
- 5. SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press
- 6. WEN 4214 12-Inch Variable Speed Drill Press
- 7. JET J-2530, 15-Inch Benchtop Drill Press
- 8. RIKON 30-140, 34 Inch Benchtop Radial Drill Press
- 9. Clarke CDS3 Drill Press Stand with Vice
9 best Drill Press under 500 Dollars
1. Silverline 633764 Drill Stand 500 mm
This is a very good drill stand for the price. It has a simple design that makes it easy to use and clean, but also large enough to accommodate larger hand drills. It’s very sturdy and will last a long time if you take care of it.
The Silverline 633764 Drill Stand 500 mm comes with a depth adjustment scale and stop, helping you achieve accurate drilling results every time. The solid cast iron base provides stability when using this stand on uneven surfaces or overhang edges.
This low-priced drill press stand can accommodate 38 mm or 43 mm collar hand drills with its maximum drill depth of 60 mm, making it perfect for working with wood and metal materials alike!
2. Bosch Home and Garden Bench Drill PBD 40
The Bosch bench drill PBD 40 is a precision drill that will provide you with the best drilling results you could ask for. The tool is easy to operate and has a high level of precision. This makes it perfect for drilling borehole series or other similar projects that require accuracy and consistency. The machine provides good workspace illumination, so you can work around corners easily with this drill press!
You’ll also find that assembling the machine is quite simple; all you need are some basic tools and about 30 minutes of time! Another benefit of this product is its stability—you won’t need to worry about losing control when using this model because it’s made from strong materials such as aluminum alloy which keeps everything nice and secure while working on larger pieces of material like wood panels!
3. RIKON 30-140, 34 Inch Benchtop Radial Drill Press
The Rikon 30-140, 34 Inch Benchtop Radial Drill Press is a reliable and cost-efficient tool that you can use for all your drilling needs. It has a strong 1/3 HP motor that gives it enough power to drill through hard materials like wood, metal and plastic. With its 5 spindle speeds ranging from 250 RPM to 3200 RPM, you can adjust the speed according to your preference.
It also comes with a clutch depth stop which allows you to set up your desired depth of drilling at any time while working on projects or machinery parts. The cast iron table of this model helps in keeping the material steady on top while working with it so that there are no accidents during work!
The Rikon 30-140 is easy to assemble as well which means that anyone who has some knowledge about DIY tools will be able to assemble this drill press without any difficulty at all!
4. SHOP FOX W1670 1/2-Horsepower Floor Radial Drill Press
The SHOP FOX W1670 1/2-Horsepower Floor Radial Drill Press is a well-made tool that will be useful in many different applications. It’s got a couple of features that make it stand out from the rest of its competition, but we’ll get to those in a second.
First off, this drill press has a 1/2 HP motor that can operate at speeds between 300 RPM and 1725 RPM. There are 5 different speed settings so you don’t have to worry about making any adjustments as you’re working on your project. The spindle travel is 3-1/4″ and there are both inch and metric measurements available for drilling holes at 0-1/8″ increments up to 4″. Another thing I like about this model is how easy it is to set up; just step back when you first use it so nothing gets broken!
5. SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press
The SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press is a great tool for any professional or hobbyist looking to get into the world of woodworking. With a powerful motor and many other features, this drill press is an excellent choice for those on a budget.
The SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press has an overall height of 31-1/2″, which makes it easy to work with regardless of your height. It also offers a two-speed range that can be adjusted easily with just one knob, making it simple to control how fast or slow you want your projects to go. This drill press comes with several accessories as well: A drill chuck (5/8″), table insert plate adapter and wrenches are included so you can get started right away!
6. WEN 4214 12-Inch Variable Speed Drill Press
The WEN 4214 12-Inch Variable Speed Drill Press is a great choice for the professional woodworker. It comes with a host of features that make it one of the best drill presses you can get at this price point. The WEN 4214 has an infinitely variable speed range, which means it can be used for different types of drilling applications. The spindle travel is 3-1/8″ and it has easy-to-read locking linear depth stops so there’s no need to worry about losing track of where your hole is. This drill press also features a quill diameter of 2.17 inches, making it suitable for drilling holes up to 1/2 inch deep into wood or metal materials with ease!
The cast iron worktable measures 9 x 9 x 3 inches and includes rack & pinion height adjustment for easy height adjustment as well as quick release knobs that allow you to swiftly change bits without having them fall off during use (which happens all too often!). The table also has an adjustable fence so you can keep your workpiece securely in place while drilling through thick sections without worrying about how much pressure will cause damage—which is especially important when working with expensive materials like hardwood or exotic woods from around the world!
It’s worth noting that assembly takes only about 30 minutes once all pieces arrive at your doorstep; after completion there are no missing parts because each part was individually packaged by hand before shipping out so even if something gets lost or damaged during transit I’d still recommend giving yourself some time before starting assembly just in case
7. JET J-2530, 15-Inch Benchtop Drill Press
The JET J-2530 is a 15-inch benchtop drill press with a 1/2 horsepower motor and variable speed. This drill press runs on soft start, which means that the motor will gradually increase in speed as you begin to drill. The machine also has two different spindle motors: one for drilling steel, and another for drilling wood.
The 3/8-inch keyed chuck holds bits up to 2 inches in diameter while the ½ inch keyed chuck holds bits up to 1 inch in diameter. It comes with an instructional DVD that shows how to use all its features properly so you can make sure your projects are done right!
Safety is something you should never take lightly when using power tools like this one because they can cause serious injury if used improperly or carelessly handled by someone inexperienced with them (or even just careless). Fortunately this product comes with an air outlet grill guard that protects both yourself and anyone else nearby who might be exposed directly when working on projects involving power tools such as this one!
8. RIKON 30-140, 34 Inch Benchtop Radial Drill Press
The RIKON 30-140, 34 Inch Benchtop Radial Drill Press is a great shop tool for the hobbyist who wants to get serious about their craft. It has a powerful 1/3 HP motor that can handle through almost any job you throw at it. The table is cast iron and it comes with five spindle speeds ranging from 200 RPM to 2000 RPM.
The clutch depth stop ensures accurate drilling every time, even if you’re using different sized drill bits or holesaw blades on your project. You’ll also appreciate how easy this drill press is to operate and maintain—it only takes one person to assemble the stand and set up all of the tools needed for operation (which include an adjustable worktable).
9. Clarke CDS3 Drill Press Stand with Vice
A drill press stand is the best way to ensure your drill press will be stable, no matter what you’re using it for. It’s also a good idea if you want to use your drill press on a regular basis and don’t want to spend a lot of time moving it from place to place.
If you’re looking for a stand that can hold even heavy duty work pieces and still provide stability, look no further than the Clarke CDS3 Drill Press Stand with Vice. This durable cast iron base can support up to 250 lbs., which means it’ll be able to support all but the most heavy duty jobs—and even those will be easier with this sturdy base!
The stand includes a quick release vice with 70mm jaws and 60mm opening, so there’s plenty of room for whatever job comes your way. There are also pre-drilled holes in the base so that mounting clamps are easy as pie (or pie) should you need them at any point during assembly or operation. The dimensions are 21 x 15 x 4 inches—perfectly sized for most drill presses under 500 dollars!
For our last pick, we have the Clarke drill press stand with vice. This is a high-quality product designed to be highly reliable and durable. It comes with an adjustable clamp that can be adjusted to your drilling needs, as well as safety features such as anti-vibration pads and a screw-in base. It also has an easy locking mechanism for quick installation on any surface. The only downside we found was that it doesn’t come with any accessories like some of our other picks do—but if you’re looking for an affordable and reliable option, this one is definitely worth checking out!