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Best Cordless Drill Under 50 (Quality Cheap Drill Review 2023)

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Want a cordless drill but don’t want to spend a fortune? We’ve found 7 awesome cordless drills under 50 bucks! Surprisingly, these cheap drills aren’t nasty – you can actually get a decent drill for that sorta money!

Below, you’ll find our best cordless drill under 50 top 7. We’ve also included detailed reviews for each drill which you’ll find further down. Enjoy!

Our winner today is the Black + Decker 20v cordless drill. It’s fairly lightweight at just over 3 pounds, but that little bit of extra weight gives you extra durability, quality, and power over the other drills.

For about 40 bucks, this is an awesome drill!

It even comes with 2 years warranty – you can’t go wrong!

Our Top 7 Best Cordless Drill Under 50

  1. Black + Decker 20V MAX cordless drill. This drill features 20v, 1500 watts, 11 position clutch, and a 2-year warranty. Super compact, lightweight, and super easy to deal with.
  2. Avid Power 20V MAX lithium-ion cordless drill. This drill is a close second, with 20v, 15+1 torque settings, long-lasting batteries, and an accessory kit. Very lightweight at 2.2 pounds.
  3. Galax Pro 20V cordless drill driver. The cheapest drill in this review at just over $30. It runs on 20v, has a 3/8″ keyless chuck, and 19+1 torque settings. Max speed is only 600rpm, though.
  4. Wakyme 12.6V power drill. If you want lots of torque settings, this is your drill – it has 21! Unfortunately, it also weighs nearly 5 pounds, double the weight of our top drills.
  5. EnerTwist 20V Max cordless drill. 3/8″ drill set with lithium-ion battery and charger, variable speed, 19 positions, and a 28-piece drill/driver accessory kit. Good little set for the price!
  6. Goxawee electric drill set. Huge accessory kit (100pc), but they’re of questionable quality. Max speed of 1350rpm and it does come with 2 batteries which is cool.
  7. Juemel 100pcs accessories electric power drill set. Another super light drill at 2.6 pounds. It comes with a carrying case and 100 accessories, but again, the quality of the drill bits is sub-par.

Best Cordless Drill Under 50 Reviews

  1. BLACK+DECKER 20V MAX Cordless Drill / Driver, 3/8" (LDX120C)

    Black + Decker is well recognized for its power tools, especially tools that you need to fix your home. The great thing about this cordless drill is that there isn’t much assembly required.

    This product is made up of only one piece, and with the help of one lithium-ion battery, it packs a punch in electric power. It drills into surfaces at 20 volts with 1,500 watts

    The Black + Decker 20 Volt Max cordless drill costs about 40 bucks. It comes with a drill and driver, one Lcs20 charger, and one double-ended bit as an alternate attachment. This cordless drill is compact and lightweight at 3.15 pounds.

    It has an 11 position clutch, which is the orange selector ring, and a 3/8" chuck. A single LED work light is located just above the button you press to start the drill, which is convenient if you work at night. Nobody wants to work in the dark, right?

    • Power: 20 volts, 1,500 watts, 650 RPM
    • Battery and charger: 20-volt Max lithium-ion battery, Lcs20 charger 
    • Weight: 3.15 pounds
    • Accessories: 3/8” plastic chuck
    • Features: 10 + 1 torque settings, trigger-activated LED light 
    • 11 position clutch enables more control for drilling into hard surfaces.
    • There is a 2-year warranty for this drill.
    • This drill has variable speeds that are trigger-activated.
    • Lightweight and compact, comfortable to carry around.
    • Average battery life of 1 hour is poor.
    • It takes 3 to 4 hours to charge the battery.
    • This drill does not come with a carrying case.
    Get It on Amazon

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    05/10/2024 12:10 am GMT
  2. Avid Power 20V Max Lithium lon Cordless Drill - 3/8" Keyless Chuck, Variable Speed, 16 Positions, and 22pcs Drill Bits
    $49.99 $37.39

    Avid Power is a company that makes great products, and it has made what we consider to be the best cordless drill under 50. The torque settings of this Avid Power cordless drill are amazing as you will have 16 different positions to choose from. You can select the max torque setting for drilling into hardwood or steel plate surfaces.

    Costing only about $40, this drill comes with double-end driver bits. It has a variable speed trigger that is easy to grip, you can adjust how you drill into surfaces.

    This drill requires just one lithium-ion battery, which is included with your purchase. The beauty of this battery is its average lifespan, which can be as much as 300 hours if you keep it consistently charged.

    With a cordless drill, you want one that is light enough to deal with. If you want a compact and lightweight tool, you will love this drill! It weighs only 2.2 pounds, which is light enough to carry anywhere.

    One unique accessory that needs mentioning is the magnetic flexible shaft. You can use this shaft in areas where driver bits won’t be able to reach certain spots. You can bend this shaft to go to any angle you want.

    • Power: 20 volts, 1,500 watts, 550 RPM
    • Battery and charger: 20-Volt Max lithium-ion battery, Lcs20 charger
    • Weight: 2.2 pounds
    • Accessories: 3/8” chuck, magnetic flexible shaft
    • Features: 10 pieces of steel drill bits, 15 + 1 torque settings
    • Battery pack is multifunctional, with a USB output for charging phones
    • Variable speed trigger
    • Fantastic average battery life of 300 hours
    • Rubber handle is comfortable to grip
    • Magnetic flexible shaft is good, but it could have more length
    • Sometimes you can smell carbon brush burning in the motor
    Get It on Amazon

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    05/09/2024 10:16 am GMT
  3. Galax Pro 20V Cordless Drill Driver With Work Light - Max Torque 20N.m, 3/8" Keyless Chuck, 19+1 Positions, Single Speed 0-600RPM, Battery and Charger Inc.

    The best cordless drill under 50 still needs to be reliable. No point having a drill that only works a couple of times! This drill is the cheapest drill on this list. The Galax Pro 20v cordless drill costs just under $40 and is a reliable bang for your buck. 

    For starters, this drill has the standard 3/8” keyless chuck that allows for fast and convenient installation of bits. The position torque ring on this drill is awesome - 20 different positions to choose from, having 19 different speeds and 1 drill mode. 

    It has an ergonomic design with a soft rubber handle, an LED light, and a convenient belt buckle clip. One thing though - if you value drilling speed, then you may want to think about other drills.

    This drill does not have the highest possible speed out of all the drills on this list. The fastest speed the drill can reach is 600 RPM, which may not fit your needs.

    • Power: 20 volts, 600 RPM
    • Battery and charger: 1 lithium-ion battery, 1 Lcs20 charger
    • Weight: 2.5 pounds
    • Accessories: 5 pieces of multifunctional drill bits
    • Features: 3/8” keyless Chuck, LED light, belt buckle clip
    • Compact and lightweight, easy to carry around
    • Ergonomic design allows for a comfortable grip every time
    • 600 RPM as the top drilling speed may not fit your needs
    • Accessories may be lacking as there are only 5 additional pieces
    Get It on Amazon

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    05/10/2024 09:10 am GMT
  4. Wakyme 12.6V Cordless Drill Driver Kit With 2 Batteries, 30Nm, 18+3 Clutch, 3/8" Keyless Chuck, LED Light, Variable Speed

    This is the drill that has the most torque settings available. How does 21 different settings sound? This drill costs only about $40, and it comes with an entire kit full of components. Ten driver bits, 9 socket wrenches, 1 tile drill, and 1 flexible shaft driver make up an impressive tool kit.

    Not all cordless drills are perfect. The Wakyme drill has potential setbacks depending on your preferences. It is one of the heavier drills on this list, weighing 4.84 pounds. It does come with 2 batteries, so you can keep working while the other battery charges.

    You can use this drill for 1 to 2 hours straight before needing to recharge it. Depending on how you work, this might not be an issue, and you can always change over to the other battery when it goes flat. 

    • Power: 12.6 volts, 1,500 watts, 1,500 RPM
    • Battery and charger: 2 lithium-ion batteries, Lcs20 charger
    • Weight: 4.84 pounds
    • Accessories: 1 carrying box, 1 flexible shaft driver, 3 two-way screwdrivers
    • Features: 18 + 3 position clutch, two slots to store spare drills, LED work light
    • 3-in-1 working mode, featuring hammer, driver, and drill modes.
    • Variable speed settings of 0-350 RPM and 0-1,500 RPM
    • Reverse forward switch and safety lock
    • Drop-proof, shockproof, and waterproof
    • Heavy to carry around!
    Get It on Amazon

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  5. EnerTwist 20V Max Cordless Drill, 3/8" With Lithium Ion Battery and Charger, Variable Speed, 19 Positions, and 28-Piece Drill/Driver Accessory Kit

    Enertwist stands by its products with a 100% No Questions Asked, 30-day money-back and 1-year replacement policy. This 3/8" drill has plenty of power and is operated by a 1.5Ah Lithium-ion battery that holds its charge for up to 18 months.

    It delivers just over 20Nm of max torque and features a 18+1 torque position clutch. It's ultra-light at 2.6lbs (much easier to carry around than our heavier 5lb drills!) and comes with a built-in LED light so you can always see what you're doing.

    This cordless drill comes with the battery and charger, a 28-piece accessory kit, and a carrying case. It's a great price too!

    • Comfort handle grip
    • Single sleeve keyless chuck
    • Variable speed trigger
    • Forward/Reverse control
    • Metal belt clip
    • Magnetic bit holder
    • Power indicator
    • Level vial on top
    Get It on Amazon

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  6. Goxawee Cordless Drill Set With 2 Batteries, 100pcs Accessory Set, and Tool Case (High Torque, 2-Speed, 10mm Auto Chuck)

    All of us can appreciate a complete drill kit! The Goxawee home drill set contains a whopping 100 accessories! Your projects will not be interrupted due to the fast charging time of the drill’s batteries. This drill’s charger is ultra-reliable, taking just 1 hour to charge batteries.

    The speed of this drill is impressive, having 2 trigger-activated variable speeds of either 0-350 RPM or 0-1,350 RPM. The 18 + 1 torque setting is ideal for any project as you can easily adjust the drill’s selector ring. The 3/8” keyless chuck features an automatic spindle lock that allows you to change drill bits with only one hand.

    • Power: 12 volts, 1,350 RPM
    • Battery and charger: 2 lithium-ion batteries (only 1 required), 100-240 volt charger
    • Weight: 5.34 pounds
    • Accessories: 100 accessories, including a flexible drill shaft, a 1/4” drill brush, 1 carbide drill bit, and 9 socket wrenches
    • Features: 2 variable speeds, and 3 functions (drill, driver, and clean)
    • 100 accessories give you nearly unlimited drilling options.
    • Ultra-reliable charger can restore any drained batteries within 1 hour.
    • Impressive top drilling speed of 1,350 RPM.
    • Removal of batteries can be difficult
    • Drill bits seem to break easily
    • When you're using the drill, it may give off unpleasant smells of chemicals.
    Get It on Amazon

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  7. Juemel Cordless Drill With 100pcs Accessory Kit, 20V, 2-Speed + Variable Speed Trigger, 3/8'' Keyless Chuck, 18+1 Clutch, and 2Ah Lithium-Ion Battery

    There are some projects that simply don’t require hundreds of accessories. We get it. Sometimes going through accessories can be like finding a needle in a haystack! Having said that, it is good to know how organized a drill set of accessories can be. Costing just over $30, Juemel’s drill set is amazingly organized inside its 288 x 310 mm carrying case.

    The Juemel cordless drill driver is compact and lightweight with the battery attached, weighing only 2.6 pounds. It also has an LED light. The clever design of this drill features a magnetic bit holder, which is built into the back of the drill. 

    This drill works at 2 variable speeds with the help of a pressure trigger. You can either have the drill run on 0-450 RPM or 0-1,450 RPM. The 18 + 1 torque position setting of this drill will give you plenty of options. Juemel’s drill has a powerful all-copper motor that delivers a peak torque of 320 inches per pound.

    While having a lot of accessories is helpful, they should be durable enough for any drilling session. Juemel’s drill bits are questionable here as they can break off easier than they should. Having the best cheap cordless drill does not mean it should have bits that easily break.

    • Power: 20 volts, 1,450 RPM
    • Battery and charger: 1 lithium-ion battery pack and 1 battery fast charger
    • Weight: 2.6 pounds
    • Accessories: 1 screw set, 1 flexible shaft driver, 2 carbide drill bits, 3 twist drill bits
    • Features: magnetic bit holder, 2-speed settings, power indicator on the battery pack
    • 18 + 1 torque clutch and 2 variable speed settings make for a powerful tool
    • Keyless chuck is very durable and allows for easy installing and removal of bits
    • Battery charger charges batteries super fast.
    • Drill bits are questionable when it comes to durability
    • Magnetic bit holder may work too well, so try to keep it away from other big metal tools.
    • While compact and lightweight, this drill may feel too flimsy when carrying it.
    Get It on Amazon

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What’s Your Best Cordless Drill Under 50?

Choosing the right power tools can be hard. Even though these best cordless drills under 50 are cheap, you still want them to meet your expectations.

  • If you value drilling speed, then go for a drill that has at least around 800 RPM.
  • If you want batteries that last, then go for a drill that has a reliable and fast charger.
  • Weight is another huge point – if you carry your drill around (I take mine into the paddock all the time), you’ll want one that is as light as possible. 

What’s your favorite drill? Tell us in the comments!

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