5 Best Cheap Cordless Drill: Expert-Approved & Value-Packed

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Looking for the best cheap cordless drill to tackle your home projects without breaking the bank? You’ve landed in the right spot! A reliable cordless drill is an essential tool for any DIY enthusiast, homeowner, or even a professional needing a portable, efficient solution. We understand that finding a powerful yet affordable option can be tricky, which is why we’ve put together a list of top contenders that offer great value for their price. Dive in to discover which budget-friendly cordless drill will be your next go-to power tool!

Quick Product Comparison

Product Image Check Price
1. CRAFTSMAN V20 Cordless 1/2-inch Drill/Driver Power Tool Kit with Battery and Charger… CRAFTSMAN V20 Cordless 1/2-inch Drill/Driver Power Tool Kit with Batte Check Price
2. DEWALT 20V Cordless Drill & Impact Driver Combo Kit with Two Batteries, Charger, Bag… DEWALT 20V Cordless Drill & Impact Driver Combo Kit with Two Batteries Check Price
3. DEWALT 20V MAX Cordless Drill Driver, 1/2 Inch, 2 Speed, XR 2.0 Ah Battery and Charger… DEWALT 20V MAX Cordless Drill Driver, 1/2 Inch, 2 Speed, XR 2.0 Ah Bat Check Price
4. DEWALT 20V Brushless Cordless Drill and Impact Driver, a 2-Tool Combo Kit… DEWALT 20V Brushless Cordless Drill and Impact Driver, a 2-Tool Combo Check Price
5. 20V Cordless Drill Driver with Two Batteries, 30Nm Torque, and 2-Speed Keyless Chuck… 20V Cordless Drill Driver with Two Batteries, 30Nm Torque, and 2-Speed Check Price

Our Top 5 Best Cheap Cordless Drill Reviews – Expert Tested & Recommended

🏆 Best Choice

1. CRAFTSMAN V20 Cordless 1/2-inch Drill/Driver Power Tool Kit with Battery and Charger

CRAFTSMAN V20 Cordless 1/2-inch Drill/Driver Power Tool Kit with Battery and Charger

The CRAFTSMAN V20 Cordless 1/2-inch Drill/Driver Power Tool Kit stands out as our top pick for its exceptional quality and performance at an affordable price. This kit provides a robust solution for a wide range of tasks, from basic home repairs to more demanding DIY projects. It’s a reliable cordless drill that delivers consistent power and ease of use, making it a fantastic investment for anyone needing a dependable tool.

Key Features That Stand Out

  • High Performance Motor: Produces 280 unit watts out for tackling various applications.
  • Versatile 2-Speed Gearbox: Offers speeds of 0-350 RPM and 0-1,500 RPM for optimized fastening and drilling.
  • 1/2-inch Keyless Chuck: Allows for fast and easy bit changes, improving workflow.
  • V20 Battery System: Part of a versatile battery platform for extended run time and compatibility with other CRAFTSMAN tools.
  • Compact Design: Ensures comfortable handling and access to tight spaces.

Why We Recommend It

We highly recommend the CRAFTSMAN V20 because it offers a perfect blend of power, versatility, and durability for its price point. It’s an excellent choice for general home use and lighter construction tasks, consistently delivering reliable performance. The included battery and charger mean you’re ready to work right out of the box, making it one of the best cheap cordless drills you can buy.

Best For

This cordless drill is ideal for homeowners and DIYers who need a dependable and versatile tool for a variety of tasks, from assembling furniture to hanging shelves and minor repairs.

Pros and Cons

Pros:
  • Excellent power-to-price ratio for a budget-friendly drill.
  • Two-speed settings provide versatility for drilling and driving.
  • Keyless chuck makes bit changes quick and effortless.
  • Part of the CRAFTSMAN V20 system, offering battery interchangeability.
Cons:
  • Battery life might be shorter for very heavy, continuous use compared to premium models.
  • Might lack the extreme torque needed for professional-grade heavy-duty applications.

Customer Reviews

Customer Review: A perfect drill for the money. Does everything I need to do for maintenance around the house and my hobbies.

Customer Review: This Craftsman drill is surprisingly powerful for its size and price. It’s comfortable to hold and the battery lasts long enough for my weekend projects. Highly recommended for home use!

⭐ Editor’s Choice

2. DEWALT 20V Cordless Drill & Impact Driver Combo Kit with Two Batteries, Charger, Bag

DEWALT 20V Cordless Drill & Impact Driver Combo Kit with Two Batteries, Charger, Bag

The DEWALT 20V Cordless Drill & Impact Driver Combo Kit offers incredible value, bundling two essential power tools with two batteries, a charger, and a bag. This kit is an excellent choice for anyone looking to equip themselves with versatile tools for a wide array of projects, from basic drilling to heavy-duty fastening. It’s a compelling option if you want a robust cordless drill and impact driver without overspending.

Key Features That Stand Out

  • Dual-Tool Combo: Includes both a DCD771 cordless drill and an impact driver for comprehensive task coverage.
  • Two Speed Transmission: The drill features 0-450 RPM for driving and 0-1500 RPM for drilling.
  • High Performance Motor: Delivers 300 unit watts out (UWO) for powerful execution of various applications.
  • Compact & Lightweight Design: Both tools are designed to fit into tight areas, enhancing maneuverability.
  • Complete Kit: Comes with two 20V MAX batteries, a charger, and a convenient carrying bag.
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Why We Recommend It

We chose this DEWALT combo kit as our Editor’s Choice because it provides a complete and powerful solution for an incredibly competitive price. Having both a drill and an impact driver significantly expands your capabilities, making it perfect for diverse tasks. It’s a smart investment for anyone who needs more than just a basic drill and values the renowned DEWALT quality, making it a strong contender for the best cheap cordless drill kit.

Best For

This kit is perfect for serious DIYers, remodelers, and tradespeople who need a reliable and versatile set of cordless power tools for both drilling and fastening applications on a regular basis.

Pros and Cons

Pros:
  • Offers two essential power tools in one affordable package.
  • DEWALT’s reputation for durability and performance.
  • Two batteries ensure minimal downtime during projects.
  • Compact design makes them easy to handle in confined spaces.
Cons:
  • The included batteries might have a lower Ah rating than more expensive kits, impacting run time for very extensive jobs.
  • Not brushless, which means slightly less efficiency and motor longevity compared to brushless models.

Customer Reviews

Customer Review: Very happy with this twin pack. The portable drill has features that I haven’t discovered or mastered. But right out of the bag, the drill and the impact driver reveal the renowned quality and performance. I like the size, power, and convenience. Each has a light that helps with accurate work and sp

Customer Review: Solid, dependable, and good value. My workplace needs good tools – so I’m buying more of the MAX series for my team.

💰 Best Budget

3. DEWALT 20V MAX Cordless Drill Driver, 1/2 Inch, 2 Speed, XR 2.0 Ah Battery and Charger

DEWALT 20V MAX Cordless Drill Driver, 1/2 Inch, 2 Speed, XR 2.0 Ah Battery and Charger

For those prioritizing cost without sacrificing core functionality, the DEWALT 20V MAX Cordless Drill Driver is our top pick for the best budget cordless drill. This 1/2-inch drill driver comes equipped with a brushless motor and a 2.0 Ah XR battery, delivering impressive performance and efficiency for its price. It’s a workhorse for everyday tasks and light-duty professional use, proving that you don’t need to spend a fortune for quality.

Key Features That Stand Out

  • Brushless Motor: Provides increased runtime and motor life over brushed motors, a huge plus for a cheap cordless drill.
  • Compact & Lightweight: Measures just 7.6 inches front-to-back, making it easy to maneuver in tight spaces.
  • Ergonomic Comfort Grip: Designed for ideal balance and tool control during prolonged use.
  • 2-Speed Transmission: Offers versatility for various drilling and fastening applications.
  • XR 2.0 Ah Battery and Charger: Ensures you have power when you need it with efficient charging.

Why We Recommend It

This DEWALT cordless drill is highly recommended as the best budget option because it packs advanced features like a brushless motor into a very accessible price point. Its compact size and ergonomic design make it comfortable for extended use, while the 20V MAX power ensures it can handle most household and light job site tasks. It truly delivers excellent value.

Best For

This affordable cordless drill is excellent for homeowners, apprentices, or anyone needing a reliable, efficient, and comfortable drill driver for a wide range of common tasks and small projects.

Pros and Cons

Pros:
  • Brushless motor for improved efficiency and longevity.
  • Compact and lightweight design enhances user comfort and reduces fatigue.
  • DEWALT quality and reliability at a budget-friendly price.
  • Ergonomic grip provides superior control.
Cons:
  • A single 2.0 Ah battery might require more frequent recharging for very demanding projects.
  • May not have the sheer power for continuous, heavy-duty concrete drilling like hammer drills.

Customer Reviews

Customer Review: Wow, what a fantastic tool! I’m truly impressed with its workmanship, performance, and overall design. It looks great, feels solid, and delivers excellent power for home projects. The price is very reasonable for the quality you get. I would recommend this to anyone looking for a reliable, powerful

Customer Review: Works great like all Dewalt productsBattery keeps a good charge. Durable. Good power. Good value for the money.

4. DEWALT 20V Brushless Cordless Drill and Impact Driver, a 2-Tool Combo Kit

DEWALT 20V Brushless Cordless Drill and Impact Driver, a 2-Tool Combo Kit

This DEWALT 20V Brushless Cordless Drill and Impact Driver 2-Tool Combo Kit offers a fantastic upgrade, combining the efficiency of brushless motors with the versatility of a drill and an impact driver. It’s designed to provide greater run time and durability, making it an excellent investment for those seeking a high-performing yet still affordable cordless drill and impact driver solution for diverse tasks.

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Key Features That Stand Out

  • Brushless Motors: Both tools feature brushless technology for increased efficiency, longer runtime, and extended tool life.
  • Compact Design: The 7.6-inch front-to-back design and lightweight nature fit easily into tight spaces.
  • Ergonomic Comfort Grip: Provides optimal balance and tool control for reduced user fatigue.
  • Bright LED with Delay: Increases visibility in dark or confined work areas with a 20-second trigger release delay.
  • Versatile 2-Tool Kit: Includes a cordless drill and an impact driver to cover a broad spectrum of fastening and drilling needs.

Why We Recommend It

We recommend this DEWALT combo for its commitment to brushless technology at a competitive price, offering significant advantages in terms of power delivery and longevity. It’s an ideal kit for anyone ready to step up their tool game, providing powerful, reliable tools that excel in both drilling and driving, making it a stellar option among cheap cordless drills that don’t compromise on modern features.

Best For

This combo kit is best suited for serious DIY enthusiasts, home renovators, and professionals who require the enhanced performance and durability of brushless motors for consistent, demanding work.

Pros and Cons

Pros:
  • Brushless motors in both tools provide superior efficiency and run time.
  • Compact and ergonomic design enhances comfort and usability.
  • Bright LED lights are extremely useful in low-light conditions.
  • DEWALT’s reputation for robust and long-lasting power tools.
Cons:
  • May be slightly more expensive than basic brushed models, though still an excellent value for brushless.
  • Batteries are typically sold separately or in basic kit configurations, verify before purchase.

Customer Reviews

Customer Review: Great product that is effective for most households. Batteries are easily charged and strong.

Customer Review: Ther are lots of tools out there and I needed to commit to one brand so I went with DeWalt. Both tools have lights, and even these smaller batteries give good power for most residential (DIY) jobs. No regrets yet. Well balanced and feel sturdy in your hand.

5. 20V Cordless Drill Driver with Two Batteries, 30Nm Torque, and 2-Speed Keyless Chuck

20V Cordless Drill Driver with Two Batteries, 30Nm Torque, and 2-Speed Keyless Chuck

If you’re looking for a highly capable cordless drill that comes packed with accessories and extra batteries, this 20V Cordless Drill Driver is an excellent choice. It offers robust performance with 30Nm of torque and two variable speed settings, making it versatile for a multitude of tasks around the house or workshop. The inclusion of two batteries ensures you’re always ready to go, solidifying its spot as a great cheap cordless drill option.

Key Features That Stand Out

  • Powerful 20V Motor & Two 1.5 Ah Batteries: Delivers consistent power and extended runtime for various applications.
  • 2 Variable Speed Settings: Offers 0-400 RPM for precision and 0-1500 RPM for speed, giving you ultimate control.
  • Robust 266 In-lb (30 N.m) Torque: Plenty of power for drilling and driving with ease.
  • 21+1 Adjustable Settings: Allows for precise torque control to prevent over-driving screws.
  • Keyless Chuck: Facilitates quick and easy bit changes, improving efficiency on the job.

Why We Recommend It

This cordless drill driver is a standout because it offers a fantastic all-in-one package for general use. With impressive torque, dual-speed control, and not one but two batteries, it’s ready for almost any common task. It provides features often found in more expensive models, making it a compelling option for those seeking a powerful and affordable drill without additional purchases.

Best For

This drill is ideal for beginners, homeowners, and hobbyists who need a complete, ready-to-use cordless drill kit for general home maintenance, furniture assembly, and DIY crafts.

Pros and Cons

Pros:
  • Comes with two batteries, minimizing downtime.
  • Strong 30Nm torque and 21+1 settings for versatility.
  • Two-speed gearbox for precise control on different materials.
  • Includes a comprehensive set of drill bits and accessories, adding extra value.
Cons:
  • Brand might be less recognized than established names, potentially impacting long-term customer support.
  • 1.5 Ah batteries might offer less runtime compared to higher-capacity options for prolonged, heavy-duty tasks.

Customer Reviews

Customer Review: Wow, I wish I could give this drill 10 stars!! This drill arrived with everything needed to use for multiple projects including drill bits in every size, tips, etc.-check out the photos! The drill itself is easy to work with, it’s lightweight, and has an LED light, it drills into wood so easily and

Customer Review: good 20v drill for the money. works well for light/med jobs around the house. this is not an industrial grade drill, keep that in mind and you’ll be good. this has features found on more expensive tools and comes complete with drills and bits to get through most home jobs. it feels well made and not

Complete Buying Guide for Best Cheap Cordless Drill

Essential Factors We Consider

When searching for the best cheap cordless drill, it’s easy to get overwhelmed by the options. Our expert team focuses on several key factors to ensure you get a tool that truly offers value. First, power and torque are crucial. Even an affordable drill needs enough “oomph” to tackle common tasks like driving screws into wood or drilling through various materials. We look for models with at least 20V of power and adjustable torque settings.

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Next, battery life and type play a significant role. Lithium-ion batteries are standard for their lighter weight and consistent power output. We prioritize kits that come with at least one decent capacity battery (1.5Ah or more) and a charger, so you’re ready to go. Consider if you want a system where batteries are interchangeable with other tools you might own or plan to buy. Finally, features and ergonomics are important. A comfortable grip, LED work light, and a reliable chuck make a huge difference in user experience, even on a budget-friendly drill.

Budget Planning

One of the best ways to find a great cheap cordless drill is to define your budget and needs clearly. “Cheap” doesn’t mean sacrificing all quality; it means being smart about where you allocate your spending. For general home use, you can often find a fantastic drill kit in the $50-$100 range. If your budget stretches a bit more ($100-$150), you might snag a kit with a brushless motor, extra batteries, or even a combo with an impact driver, offering superior longevity and versatility. Remember to factor in the cost of any necessary accessories like drill bit sets, although many of our recommended models come with these.

Final Thoughts

Finding the perfect affordable cordless drill doesn’t have to be a daunting task. By focusing on power, battery performance, ergonomics, and essential features, you can confidently select a tool that meets your needs without emptying your wallet. Don’t be afraid to invest slightly more for a brushless motor or an extra battery if your projects demand it – the long-term benefits in efficiency and durability often outweigh the initial small cost increase. Happy drilling!

Frequently Asked Questions

Q: What does “cordless” mean for a drill, and why is it better?

A: A cordless drill runs on a rechargeable battery, freeing you from being tethered to an electrical outlet. This offers unparalleled portability and convenience, allowing you to work anywhere, whether in your backyard, a remote part of your home, or a job site without readily available power. It significantly improves safety by eliminating tripping hazards from cords.

Q: What should I look for in a “cheap cordless drill”?

A: When buying a cheap cordless drill, prioritize a reliable brand, at least 18V or 20V battery power, a decent torque range (e.g., 200-300 UWO or 25-35 Nm), and a 2-speed gearbox for versatility. Look for a kit that includes at least one battery and a charger. Features like an LED light and a comfortable grip are also great additions for an affordable drill.

Q: Can a cheap cordless drill handle serious DIY projects?

A: Absolutely! Many cheap cordless drills are more than capable of handling common DIY projects like assembling furniture, hanging shelves, drilling into wood, plaster, or light metal, and basic home repairs. While they might not be suited for continuous, heavy-duty professional work or drilling into concrete, for most homeowners, they offer plenty of power and functionality.

Q: What’s the difference between a drill/driver and an impact driver?

A: A drill/driver is designed for drilling holes and driving screws with adjustable torque. An impact driver delivers rotational force along with rapid, powerful impacts (like small hammer blows) to drive fasteners more efficiently, especially long screws or lag bolts, with less strain on your wrist. Many users find a combo kit with both to be the most versatile solution for various tasks.

Q: How can I extend the life of my cordless drill’s battery?

A: To extend your cordless drill’s battery life, always fully charge it before first use. Avoid fully draining the battery repeatedly; recharge it when power starts to noticeably drop. Store batteries in a cool, dry place, and if storing for extended periods, keep them at about 40-50% charge. Overcharging or extreme temperatures can degrade battery performance over time.

Choosing the best cheap cordless drill doesn’t mean you have to compromise on performance or quality. Our carefully curated list features powerful, reliable, and affordable cordless drills that are perfect for any DIYer or homeowner. Each option offers excellent value, robust features, and the durability you need to tackle a variety of projects with confidence. We hope this guide helps you find the perfect tool to add to your workshop!

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