Peloton is making its treadmill easier to put away. In its September 22 announcement, the company introduced Tread Flex, its first folding treadmill and, at $2,195 in the U.S., its lowest-priced treadmill model. Purchasing is scheduled to open in the U.S. and Canada on October 1, 2026; the current product page offers a waitlist.
For a gym that shares a room with other uses, the consequential feature is the fold. Peloton says the machine compacts by nearly 50 percent. Wheels allow it to be moved after folding, while a swivel screen lets users follow strength and other classes off the treadmill.
What the price includes
The hardware price is separate from a Peloton All-Access Membership, which is required for access to all Peloton content and applicable connected features. The distinction matters when comparing the purchase price with the ongoing cost of using the platform.
Flex also sits below two new models: Tread Vision, starting at $3,495, and Tread+ Vision, starting at $6,695. Peloton’s announcement assigns camera-based running-form analysis to its Vision equipment; buyers should not read features advertised across the new lineup as a single specification shared by every treadmill.
Folding solves storage
Peloton markets Flex as quiet and reports a 70 dB figure. That is a manufacturer claim, not an independent acoustic assessment of the machine in a home. It does not establish what someone in the room below would hear.
A treadmill can also transmit vibration into the floor, creating structure-borne sound. A motor-noise figure alone cannot settle that separate question.