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Top 10 Best Drill Press Under $500 Reviews in 2023

Jacky Chou

In case you’ve been searching for a new drill press, then you already understand how difficult the hunt could be. There are many versions, so many you may get turned away only by the total amount of choice you have. Science has shown, as a matter of truth, when there are too many options and people become confused and make choice exhaustion. Therefore, so as to handle all those options, you will need to seek diligently and intelligently. Inside this guide, we will assist you with buying a brand new drill press for the woodworking.

What is a Drill Press

Drill press, also referred to as Drilling Machine, apparatus for making holes in hard substances. The drill is held at a rotating spindle and can be fed to the workpiece, which is usually clamped in a vise resting on a table. The drill may be gripped at a chuck with three jaws that move radially into unison, or it may have a tapered shank that fits to a tapered hole in the spindle. Means are always supplied for varying the spindle speed and on several machines for automatically feeding the drill to the workpiece.

Drill presses for intermittent usage in general-purpose machine stores usually have only 1 spindle. For drilling a few holes simultaneously or successively in a workpiece, machines with several spindles are available. When large amounts of equal mechanical elements are needed, special-purpose drilling machines, together with spindles organized in a variety of positions relative to the workpiece, may be assembled. Though drill presses are utilized mainly for drilling holes, so they are also able to be used for expanding holes using a boring tool or completing holes using a reamer.

List Of 10 Best Drill Press Under $500

1. SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press

SHOP FOX W1669 1/2-Horsepower Benchtop Radial Drill Press

The Radial Drill Press is still among the most flexible and handy drill presses you may increase your shop. Between the tilt of the head and the tilt of this table, you can drill any angle necessary. You may even utilize it like a horizontal boring machine. Add to this an incredible swing which makes it possible for you to bore into the middle of a workpiece that’s 34-inches broad and you have one of the best buys available in a drill press.

This drill press gives the ability to drill broad workpieces around 34-inches diameter, so you can slip the headstock inside and outside to increase the space between the drill chuck and up the column to 17-inches.

You could even tilt the headstock out of 45-degrees clockwise to 90-degrees counterclockwise for drilling angled holes for horizontal boring machine usage.

Employing the tilt and slide attributes, you might drill down a line of straight or angled holes without even needing to reposition your workpiece after drilling every hole.

2. WEN 4225 8.6-Amp Variable Speed Floor Standing Drill Press, 15-Inch

WEN 4225 8.6-Amp Variable Speed Floor Standing Drill Press, 15-Inch

The WEN 15-inch 8.6 Amp Variable Speed Floor Standing Drill Press boasts a whole four inches of stroke capacity, enabling users to drill through substances up to 3 inches thick.

Correct the variable speed anywhere from 280 to 1000 RPM using the easy twist of a lever, or out of 1000 to 3300 RPM using a fast belt modification. The electronic readout reports the current RPM of the machine to get greater accuracy when inhaled. The 12-inch by 12-inch cast iron table pivots around 45 degrees in both directions although the laser pointer guarantees exact holes.

The chuck with Morse #2 spindle taper accepts bits anywhere from 1/12 to 5/8 inches in dimension. The WEN 15-inch Drill Press carries a lamp to light up the worktable and cast iron structure to restrict vibration during operation

3. WEN 4214 12-Inch Variable Speed Drill Press

WEN 4214 12-Inch Variable Speed Drill Press

The WEN 12-inch Variable Speed Drill Press forces through wood, metal, plastic and other substances. Drill a 5/8 inch hole via heavy duty cast iron. The mechanical variable speed enables you to goal at the exact RPM (from 580 to 3200) to your job together with the easy turn of a lever whereas the electronic LED readout displays the current speed.

The effective induction motor includes ball bearings to get an extended lifetime and balanced operation. The 5/8-inch chuck with MT2 spindle taper provides you versatility with a variety of bits and attributes on-board chuck key storage. Worktable bevels 45° left and appropriate for all those tricky operations for the ideal right angles consistently.

The X-pattern laser locks-on for your drill points, conserving on guesswork and sparing expensive substances.

4. Jet 716000 JWDP-12 Drill Press

Jet 716000 JWDP-12 Drill Press

When is a Drill Press strong enough to handle the big jobs, and portable enough to get it done anywhere? When it is the newest JET 12 Variable Speed Drill Press.

A strong 1/2 HP induction motor which pushes through almost anything you throw in it over 3-1/8″ spindle traveling for maximum thickness cutting, and our advanced X-shaped XACTA Laser which guarantees drilling accuracy; which makes this workhorse the best option for on your store or on the move.

5. SKIL 3320-01 3.2 Amp 10-Inch Drill Press

SKIL 3320-01 3.2 Amp 10-Inch Drill Press

For your weekend woodworker who desires increased accuracy than the handheld drill provides, the 3320 SKIL 10-inch Drill Press with Laser is still a good option. The X2 2-Beam Laser helps guarantee precise gap orientation, whereas the thickness adjustment system allows you drill down consistently every time.

5 speeds cut holes cleanly via timber, metal and other substances together with all the 3320 Drill Press, that takes bigger diameter bits for cutting and woodworking . The work surface tilts from zero to 45 degrees, yet another also.

With a restricted 3-year warranty, it can be really a drill press to rely on for plenty of larger-scale furniture and building jobs.

6. Grizzly G7943 12 Speed Heavy-Duty Bench-Top Drill Press

Grizzly G7943 12 Speed Heavy-Duty Bench-Top Drill Press

This is suitable for big heavy jobs. It’s a good machine which has good durability. Another benefit of this good structure is the fact that it reduces vibrations that may be a problem with a few milder machines. The G7943 weighs in at 142 lbs.

It sports a solid 3/4 HP 110V motor using a 14-inch swing plus a 3 1/4 in. spindle travel. The variable chuck ranges from 1/64-inch into 5/8-inch providing you multiple alternatives. A generous 12 rate choices are available and alteration is manual. Speeds vary between 140 to 3050 RPM.

These speeds allow you to carry out different tasks like polishing and carving. It’s able to tilt of 90-degrees in both instructions and also swing a complete 360-degrees. The built-in lighting is strong so that you are going to be able to understand your work easily. This can be a highly capable bench-top drill press suitable for commercial or home use. It isn’t exactly portable but can get through most substances quickly and easily.

7. RIKON 30-140 Bench Top Radial Drill Press

RIKON 30-140 Bench Top Radial Drill Press

Certainly the best rated bench top radial drill press small to moderate duty applications, this instrument has a head that tilts back and forth to accommodate a variety of different board widths and make sure precise pit drilling with consistently clean outcomes.

The head goes 45 degrees to the right and 90 degrees to the left you are able to perform angled drilling when required. Strong and effective, the radial drill press turns out to be highly helpful when angle drilling balustrades like creating stair railings. This system makes it easy to drill the middle of wide boards and also to cut several holes along a centre point.

The drill press headset enables you to handle different board widths using its adjustable design. The top drill press may carry both big and smaller jobs effortlessly. Providing enormous drilling capacity, the 3/8-inch spindle travel is great for demanding jobs. Putting the drill into the proper cutting depth is fast and easy because of the clutch depth stop, which also makes certain that the atmosphere is secured so you can perform repetitive drilling. Additionally, the drill press comes with an M-T2 spindle taper which enables easy replacements of chuck arbors with end mill bits.

8. Klutch Floor Drill Press – 16-Speed, 13in. 3/4 HP, 120V

Klutch Floor Drill Press - 16-Speed, 13in. 3/4 HP, 120V

This ground drill press against Klutch is really a compromise between a high-quality press and also an affordable one. You receive all the qualities of a professional floor-standing drill press but in a very affordable price. It is powered by a 0.7-horsepower engine and features 16-speed configurations, which make around 3,410 RPM.

You also receive a depth lock mechanism for drilling exact holes and also onboard lighting. The table is big with its 11.4-inch diameter, in addition to the press includes a wide 13-inch swing. This flooring press is straightforward, straight to the stage, and its cost is also perfect. It is backed by a 2-year warranty.

9. WEN 4208 8 in. 5-Speed Drill Press

WEN 4208 8 in. 5-Speed Drill Press

WEN’s 8-inch 5-Speed Drill Press is compact enough to restrict space in your own workbench but strong enough to drill metal, wood, plastics, and much more. Drill around a 1/2-inch hole at heavy-duty cast iron.

Its strong induction motor includes ball bearing construction for an extended lifetime, providing smooth and balanced performance even at elevated speeds. The 1/2-inch JT33 chuck provides you versatility with a variety of bits while the worktable bevels around 45° right and left.

Constructed using a rigid framework and a cast iron head table, and also base, make sure accurate holes and suitable drilling operations every time

10. Shop Fox W1848 Oscillating Floor Drill Press

Shop Fox W1848 Oscillating Floor Drill Press

Featuring pretty good structure, this flooring press drill provides reliable performance and dependable performance. Its strong 3/4 HP engine features variable speed, and consequently may be utilised in 12 distinct configurations between 250 and 3,050 RPM.

The machine has got the general elevation of 63″ plus a sizable (12-3/8″ dia.) Table which may be tilted 90° to both left and right. But the thing which makes this drill stand out from the competition is its own sanding capability. With only a few tool-free steps, an individual may convert this drill away from drilling into sanding operations and enjoy a smooth end when sanding.

These and other attributes turn the Shop Fox W1848 right into a pretty flexible piece of gear for your workshop


I trust that you’ve enjoyed my reviews of this best drill press under $500 and that I trust I have enabled you to make the ideal choice for yourself! That really my high priority. I wish to assist you make the perfect choice, because there are so many options out there, which making the best choice isn’t always the simplest.

Jacky Chou