Top 10 Best Drill Press Under 500 in 2020

A drill press is an important tool in your workshop. However, many people put off the idea of purchasing one because they are highly priced. But there are many amazing, durable, and feature-filled modes in the market that are perfect for a low budget. If you are looking for the right tool to assist you in your drilling and prepping a variety of materials you work with, then you are in the right place. After an extensive product research and comparison, we have found out what we believe are the top 10 best drills in the market. Have a look!

Table of the Best Drill Press Under 500

01. WEN 4214 12-Inch

WEN 4214 12-Inch

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Looking for a versatile tool that powers through metals, wood, plastic and other materials? Look no further than this drill press from WEN. It features a variable speed that allows you to change speed when working on different materials. It also comes with an LED readout display that indicates your current speed. Besides, for accurate drilling, the mode features a depth adjustment gauge knob that limits your spindle travel.

02. WEN 4212 10-Inch

WEN 4212 10-Inch

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Another great product from WEN is this drill press. The model comes with a mechanical speed adjustment to help you adjust the speed as needed. Also, it features a beveling worktable for precise and consistently angled holes. With an LED display screen that shows your current speed, you will be aware of the current RPM at every moment.

03. Skil 3320-01 3.2 Amp 10-Inch

Skil 3320-01 3.2 Amp 10-Inch

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For the weekend woodworker, this mode is the best choice for you. It features an X2 2-Beam laser to help ensure precise hole alignment and a depth adjustment system that lets you drill consistently. Moreover, it has a 5-speed system that makes cutting holes through wood and metal easy, not to mention that it comes with a 3-year warranty in case you don’t like the product.

04. WEN 4210 10-Inch

WEN 4210 10-Inch

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With a precision laser that specifies the exact spot which the bit will travel through and a depth adjustment gauge to limit your spindle speed, this model is definitely worth purchasing. It also comes with an onboard work light for maximum visibility. Precisely, you can’t afford to overlook this one!

05. OrangeA MD40

OrangeA MD40

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If you are a perfectionist, then this drill press is worth your consideration as it features a magnetic drilling press rack for exact drilling depth. It also features SDT annular cutters that will drill large holes ten times faster than regular drill bits. And above all, it can make overlapping and slotting holes hence more convenient.

06. General International 75-010

General International 75-010

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When it comes to wood and metal working tools, the general international doesn’t disappoint. The model is a benchtop to save on space and is equipped with easy to adjust dual depth controls for complete control of both the downstroke depth and upstroke travel. Besides, it also comes with variable speed and high quality bearings.

07. Jet 716000 JWDP-12

Jet 716000 JWDP-12

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Looking for a drill press that is powerful enough to handle big jobs and portable to do it anywhere? Then, this is the one. Jet 12 variable speed features a powerful ½ HP power capacity and a spindle travel for maximum depth cutting. It has a case iron base that fits neatly on workbenches and a paddle switch that allows easy shutting off. This press drill is worth every penny!

08. Genesis GDP 1005A

Genesis GDP 1005A

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For larger projects that require more power and versatility, this is the best model. With a power capacity of 4.1 Amp and 5 speeds chuck for larger bits, this drill press will give you an ample working time. Not to mention that it has a work light for visibility.

09. EuroTool DRL-300

EuroTool DRL-300

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This is another easy to use benchtop drill. It is small in size but very powerful to use for all your drilling projects. It features variable speed and a 1-year warranty. Even better, it is portable as it only weighs 12.2 pounds. You can, therefore, carry out your activities anywhere you want with this one.

10. Rockwell 7033

Rockwell 7033

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This drill features the variable speed of 0-350/0-1200rpm so you can use it on a variety of materials. It also comes with LED lights to improve visibility in darker working locations and a battery capacity indicator to display the available charge at all times. Besides, it also comes with a 2-year warranty guaranteeing its durability.

What to Look For When Purchasing a Drill Press

A drill press is a versatile tool in the market. Apart from drilling into metals, it also bores into woods and performs other wood operation processes like mortising and sanding. That said, there are some certain factors you must consider before purchasing a drill press. These points will help you know what exactly to look for in a drill press, and which include:


With drilling jobs, speed is essential. You don’t want to purchase a tool that takes too long to drill as it will waste your time. Again, different types of materials require different speed setting. For example, a wood will need a medium speed setting while a metal will need a high-speed setting. If you will be using different types of materials in your workshop, consider buying a drill press with various speed setting.


You don’t want to find out how much space you have after purchasing the drill press. Storage space is among the most important deciding factor when buying a drill. Benchtop drill press takes less space since they can be mounted directly on the workbench while floor drill press takes much space but are durable. The space you have will help you decide on which one is the best for you.


The power capacity offered by the drill press determines the type of work you can accomplish. Floor modes offer more power varying from 0.5 HP to 0.75 HP compared to benchtop models whose power ranges from 0.25 HP to 0.33 HP. But before deciding on the power you need, find out what kind of materials you use, what type of job you usually perform that is if it is continuous or occasional, light or heavy.


The weight determines the portability and stability of the drill press. If you will be moving your drill press from place to place often then the benchtop will be the most effective since it weighs less. When it comes to stability the heavier unit is more stable as it is less likely that it will vibrate when working with it. Drill press produces vibrations but when they are much the machine will start shaking.


Drill press comes with accessories that are designed to serve a particular function. Your special needs, if any, will determine the kind of accessories you want the drill press to have. Accessories can add more functionality to your drill press and can include a drill bit holder usually attached to a drill press or a heavy-duty stand with rollers among others. If you are planning to use your drill press on regular basis then check out to find the accessories it has.


The drill press stands out as the most versatile and flexible tool power tool. Therefore it should have working features that will allow it to be used optimally. While price should not be your number one factor or even a deciding element, you need to consider what you can afford. The above drills are the best in the market and are affordable. If you are looking for the best drill press under 500 then try any of the mentioned and see value for your money.

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