Edge 500 Manual Treadmills
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This is probably about as cheap as you're going to get. It only costs you about $120, whereas most brands are closer to $1000. Why? It's the most bare-bones model you could get, with no fancy gizmos and without even having a power source other than you. If you can't afford anything else, this is the one to go with.
The advantages:
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Price. This is the single biggest advantage - you won't find anything cheaper.
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It's passable for a workout - not the best, but it will get the job done.
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Pretty quiet - you can watch TV / listen to music without too much trouble.
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Has a few basic features, like electronic monitoring of the workout and two inclines.
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Folds up easily and doesn't take up much room.
The disadvantages:
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No motors, fancy workout styles, or anything else you'd find on a more expensive model. This isn't going to be the same experience you get on a treadmill at your gym.
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It can take a little bit of finesse to keep it going. Some people have trouble with it starting / stopping if they aren't walking on it in just the right way.
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Looking through people's reviews on Amazon, multiple people have reported getting defective ones. That's not surprising given how cheap it is - but be prepared if you have to send it back. Make sure wherever you buy it from will take returns, just in case.
Company Website:
http://www.fitnessquest.com/treadmill/edge_500_treadmill.htm
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