Best Cheap Drill Press 2020

One of the most versatile tools available to mankind, the drill press, was originally invented just for metalworking trades. But, with advancement in the field of science and technology, the design of the drill press was changed accordingly and so were its uses. Today, a drill press can be used to drill a hole in anything, provided, you make the right adjustments. There is a ton of variety in the market available if you want to buy a drill press for your home or for professional uses. But with variety, comes confusion. Most of the people get confused between all these features and end up buying something they don’t want or something which will burn a hole in their pockets. So, here we are, with a bunch of factors you can consider when you have decided to buy a drill press of your own. Based on these factors, we will compare the products available in the market and choose 10 of the best budget drills available in the market.




Current Price


Dremel 220-01

Has a storage area for bits and wrenches


Wen 4208

Comes with a comprehensive manual on how to assemble


SKIL 3320-01

Has a compact design that doesn’t take up a lot of space


Shop fox W1848

Comes with a laser guiding system for precision


Gino 01-0822

It’s built sturdy, durable and doesn’t wobble when running


Small Benchtop

Suitable for delicate items like jewelry and circuits


Power matic PM2800B

Has a powerful motor that runs seamlessly


Wen 4210

Has a laser guiding system and work light for accuracy


Shop Series RK7033

Bevel rotate 45 degrees to the left and right


NOVA 5800 Voyager

Easy to use manually without digital assistance

Factors to consider when buying a drill press


Deciding what your basic usage will be is a very important step. That way, you can easily sort out the drills which can be useful for your task from the drill press which doesn’t have the features you require. This will reduce the time you spend on deciding what to buy and will also significantly reduce the cost if you choose wisely.

Ease of Use

Nobody likes complexities. Plus, drill presses were invented to ease the work involved in drilling. So, if the drill is complex to figure out or comes with an instruction manual bigger than the drill press itself, then it is just going to reduce the physical work involved and increase the mental work involved. So, a simple drill press with easy instructions and adjustments should be preferred. That way, your work is reduced without a headache and anyone can handle the drill press with relative ease, without breaking a sweat.


You may be tempted to opt for a drill press with higher horse power as more power accounts for better performance. Please don’t. It is the smart work that counts, not the horse power. Its true that if you want to drill a hole using your drill press in thicker metals, you require more horse power. However, blindly opting for a drill press with high power will only cost you a fortune and your agenda of buying the best drill press will be a futile one. So, instead of going for a high horse power drill, decide. Decide what are you going to do with your drill press. Then, decide how much horse power should be enough for that purpose and go for that option. This will not only save you some hard-earned cash but will also help you understand your drill better so that you can use it to the fullest.

Model Type

Drill presses are of two types generally. Bench top and a floor model. Deciding the scale of your operation is important in deciding what model you want. If you plan to work on a large-scale operation, then floor type drill press is the thing you are looking for as it is more accurate and comes with suitable adjustable parts. The only drawback of a floor type drill press is that it takes a lot of space. Bench top models are usually preferred for small operations because of their lower accuracy but are super-efficient in terms of saving space.


Weight is an important factor to consider if you want a drill press which is easily portable. In terms of portability, the bench top models are smaller in size and can be transported easily from one place to another. It saves a lot of space too. But here’s the tricky part. The lesser the weight of a drill press, the lesser is its stability as the drill press is more likely to vibrate if it is light. So, opting for a floor type drill press is suitable if you wish to ensure a stable and efficient drill press which doesn’t shake too much.


Accessories are the additional parts that come with a drill press. Different types of drills can have different accessories and the user may have to check each model for the range of accessories they offer. You can buy the accessories separately too, but it is cheaper when bought together. You may also get the warranty offered by the drill press company on the additional drill accessories and hence, it makes for a win-win situation if you buy the drill press and accessories together. Each accessory may have a different purpose and a specific drill press it is compatible to. So, doing your research before buying the accessories is suggested.

Compatibility with Parts

As mentioned in the previous category, a drill press comes with separate accessories. Opting for a drill press which is compatible with most of the available drill presses is definitely a smart choice and will help you save a lot of bucks and also improve the quality of your work.

Speed Adjustments

If you require a drill press which is operational on both metals and wood, then going for a drill press with different modes of speed adjustment should be your choice. These days, you can adjust the speed of the drill press according to your choice easily. A lot of drill press models available in the market have these qualities so this isn’t a tough nut to crack.

Power Saving

Since you are going to spend a lot of money on a drill press, it won’t hurt if your drill press saves you some. Check the power rating given to the drill press.

Company Warranty

No matter how careful you are with your drill press since working with it can be tricky and most of the users aren’t well versed with the features of the drill press, opting for a drill press with service stations around your place of work or where you live is a good choice. That way, if any problem arises in your drill press which is serviceable, and it is in the warranty period, you can get the repair done for free or for a nominal fee. Even after the warranty period, regular service of the drill press is advisable for its longer life.

Flat Table or Not

Having a flat table for your drill press can be a tedious task and ensuring whether the table is actually flat or not is a task in itself. But it is important. A drill press table which is perfectly flat will provide you with the perfect surface to drill on and make sure your drills are precise and you don’t make unnecessary errors.


Most of the available drill press models don’t come with a chuck anymore, but a chuck is an important addition to a drill press. You can definitely drill with a chuck-less drill press, but a device with chuck provides that extra grip which can make a lot of difference. The drilling gets more accurate and easier with a chuck. You can also increase the speed of the drill press by tightening the chuck. That will tighten the bits and will increase the rotation and hence, increase the speed.

Motor Bracket Support

A motor bracket is a small adjustment you add to a drill press for resistance against mechanical wear and tear. High-end drill presses have a gas peddle to cool the motor down after heavy use, but since we are looking for the best budget drill press, opting for a drill press with adjustable motor bracket support will do the trick. Also, it will ensure the accuracy and quickness of the drill press and will allow your drill press on literally every surface with relative ease.

Multipurpose Drill Press

A drill press isn’t just for drilling holes nowadays. With the proper adjustments and bits, a drill press can be used for polishing, sharpening, cutting, etc. besides drilling holes. Opting for a multipurpose drill may make your drill press a bit expensive, but the features you get with it are well worth of the money spent. This option is suitable for those who want to buy a drill press for their home and don’t want to operate it on heavy metals.

Depth Adjustment Gauge

A few users may not want to drill a through and through the hole on a surface. In this scenario, opting for a drill with an adjustable depth gauge should be considered. With the depth adjusted, you can make fine and accurate drills on the surface according to your need.

Genuine Construction

You need a perfect drill press. Everything should be in place and should be made of the right material. A simple here and there can prove to be hazardous and life threatening. Ensuring the stability of each and every individual part should be a routine for you to maximize your drill’s efficiency.

Cast Iron Heads

A drill press isn’t for soft use. Most people use it for hard drilling and this leads to a lot of wear and tear. So, buying a drill press with an iron made head will ensure it takes all the wear and tear that comes its way. A cast metal head will ensure durability, performance, and stability of your device. A good drill press with a cast iron head will have space to store your bits and accessories too and hence, provides safety and durability to the additional adjustable parts in a way too.

Now that you are well aware of the basic factors to consider before buying your own drill press, choosing the best budget drill press for your work isn’t a task. Based on the aforementioned factors, you can easily shortlist a few devices and choose the best budget drill press.

Top 10 Best Budget Drill Press 2020

1. Dremel 220-01 Rotary Tool Workstation Drill Press

Dremel 220-01 Rotary Tool Workstation Drill Press Work Station with Wrench

This is basically a 3-in-1 tool. It’s a drill press, a rotary tool holder, and flex-shaft tool stand. This is an articulating drill press and can drill perpendicular and angled holes in 15-degree increments, up to 90 degrees horizontally. It can hold your tool in place for applications like sanding and buffing. It also comes with a telescoping flex shaft which is a blessing in disguise for those who want a good quality drill press.

The flex shaft is easily adjustable and allows telescopic adjustments to any height between 16″ and 29″. The product weighs 4.85 pounds and is Compatible with Dremel Rotary Tool models 100, 200, 275, 285, 300, 395, 398, 400, 800, 3000, 4000, 4200, 8100, 8200, 8220. Dimensionally, it is measured at 6 x 6 x 12 inches.

  • It’s a 3-in-1 tool
  • It’s adjustable up to 90 degrees horizontally
  • Maximum speed is 8220 RPM
  • It’s compatible with several accessories
  • It is strong and durable
  • Allows for 15-degree angle placement
  • Easy to adjust tool holder height
  • Has a storage area for bits and wrenches
  • Clamping areas have plastic


2. Wen 4208

WEN 4208 8 in. 5-Speed Drill Press

This device is powerful and versatile and its compact design ensures that you get a powerful drill press with the minimum required space. It comes with a ½ -inch keyed chuck and onboard key storage. 5 different speed modes are available for the users in this version- 740, 1100, 1530, 2100, 3140 RPM, it uses a durable 1/3 HP induction motor which is suitable to provide the required power. Weighing in at 1.6 pounds, the product is 7.5 x 22.9 x 11 inches in dimensions. It has a flat table of size 6-1/2 x 6-1/2 inches. This drill press is one of the best budget drill press under $100.

  • Doesn’t take up much space
  • It has five-speed settings
  • It portable weighing 1.6 pounds with a flexible spindle journey
  • Cheap and offers value
  • Speed ranges from 740 RPM to 3140 RPM
  • A powerful, quality motor
  • Can make holes in concrete, tile, and iron
  • Comes with a comprehensive manual on how to assemble
  • Performance could be improved


3. SKIL 3320-01 Wen 4210 Drill Press

SKIL 3320-01 3.2 Amp 10-Inch Drill Press

This device is for those who want a drill press which is in between the professional standards and the home standards. It includes a 1/2-Inch keyed chuck and comes off with a bump-off switch for added safety. It comes with a corded electric power source. Having a speed range of 570-3,050 RPM, the speed can be adjusted in 5 different ways, also including adjustable depth stop for accurate measurements and repetitive drilling.

The USP of this product is its Laser X2 2-beam laser for precise hole alignment. Weighing 52.2 pounds, this device is dimensionally 21.8 x 15.2 x 9.8 inches and is a good choice if you are looking for a drill press under $150. The company provides a manufacturer’s warranty for a year.

  • Handles medium duty drilling projects well
  • Speed is adjustable in 5 options
  • Has a laser beam for precision
  • Affordable
  • Has a flexible work surface with a laser beam for alignment
  • Has two laser guides for easy drilling on broad surfaces
  • Has a compact design that doesn’t take up a lot of space
  • Has a manual belt adjustment which makes speed adjustment difficult


4. Shop fox W1848 Oscillating Floor Drill Press

WEN 4210 Drill Press with Laser, 10-Inch

With a 3/4 HP motor and with a swing of 13-3/4″, this device has a speed range from 250-3050 RPM with 12 ways to adjust the speed. It has a drill chuck of 1/64″-5/8″ and a table size of 12-3/8″ in diameter. The overall height of the product is 63″ and the device weighs 122 pounds. The dimensions are 24 x 15 x 63 inches and the product comes with a 2-year manufacturer’s warranty.

It is one of the best devices under $500. The price may seem a bit too high, but if you are looking for a powerful drill press for professional usage, this device justifies its price tag with the number of features it offers.

  • Comes with a 12-speed settings
  • It comes with a two-year manufacturer’s warranty
  • Has a digital LED display
  • Has an adjustable table
  • Comes with a laser guiding system for precision
  • Speed ranges from 580 RPM to 3200 RPM
  • It has variable speed settings
  • Lacks a spindle lock


5. Gino Development 01-0822

Shop Fox W1848 Oscillating Floor Drill Press

The device is laced with a Permanent magnet motor. The permanent magnet motor comes with variable speed control, which offers Infinite speed selection within the machine’s three-speed ranges. It can accommodate drills from 0.79 to 6mm in Diameter. It has a cast iron work table. The product’s dimension is 12 x 10 x 8 inches. Suited for household items and small-scale professional work, this is one of the best budget drill press under $100. The device comes with a manufacturer warranty of 1 year.

  • Comes with a one year manufacturer’s warranty
  • Has an iron cast worktable
  • Affordable and made from quality materials
  • Variable speed control option
  • It runs on a permanent magnet motor which runs smoothly
  • It’s built sturdy, durable and doesn’t wobble when running
  • Useful for drilling tiny, precise holes
  • The engine is prone to heating up


6. Small Benchtop Drill Press

Gino Development 01-0822 0-8500 rpm TruePower Precision Mini Drill Press with 3 Range Variable Speed Control 14

Now, this is a device which claims it is an all-purpose drill press. It has multiple speed settings up to 8,500 RPM. It measures 6-3/4 inches by 6-3/4 inches and weighs 13 pounds. It has electric cords and measures 10 x 12 x 8 inches dimensionally. This drill press doesn’t come with a speed control knob or a depth adjustment knob. It requires 110 volts of input voltage supply and is suitable for household drilling and smaller scale professional usage.

The smallest and largest drill sizes that will fit into the chuck are a 1/64″ [0.039mm] (smallest) and 9/32″ [7.06mm] (largest) diameter drill bit, respectively. The chuck is good and there’s no perceptible runout to snap tiny Tungsten Carbide bits.
One of the best drills under $200, user reviews suggest that this device is a bit complex to understand at first but once you get the hold of it, it works great. This is a specialty tool for drilling very tiny, precise holes in things like jewellery and circuit boards. The drill press comes off with a 1-year company manufacturer’s warranty.

  • Weighs 13 pounds hence highly portable
  • It has multiple speed settings
  • Has a maximum speed of 8,500 RPM
  • Has a tungsten carbide bits which are durable
  • Provides precise drilling
  • Suitable for delicate items like jewelry and circuits
  • Handles small scale drilling seamlessly
  • The quill can be jerky compromising the quality of the final product


7. Powermatic PM2800B 1792800B Drill Press Work

Small Benchtop Drill Press DRL-300 00

This is one of the most powerful drill presses available in the market at the moment and its features speak for themselves. Mechanical variable speed allows for full range of speed with no belt changes. Weighing 266 pounds, the product is heavy and hence, provides support and stability to the drilling process. The drill press is electrically corded, and the dimensions are 58 x 26 x 15 inches. The drill press comes with a fence system adjustable for a perfect 90-degree relationship to the table which allows for rapid alignment of stock.

The motor is of 1 HP and the drill press has 3 handles. 6″ of quill travel with one revolution of the handle which allows a bigger swing. The best feature is its variable speed. It comes with a digital RPM readout meter, which allows the user to optimize the spindle speed to the application. Adjustable material stop makes repetitive actions accurate and quick. This is one of the best drill presses of 2020 and it can be used with a variety of adjustable bits and accessories as it is compatible with most of them. The company offers a 5-year manufacturer’s warranty on its product which makes this device one of the best budget drill press in the market at the moment.

  • Fence system is adjustable to 90 degrees
  • Comes with a five-year manufacturer’s warranty
  • The speed ranges from 250 to 3000 RPM
  • It has a laser guide system and two LED lights
  • The worktable can rotate up to 90 degrees
  • Has a powerful motor that runs seamlessly
  • Easy to assemble and start using
  • Quite pricey


8. Wen 4210 Drill Press with Laser

Powermatic PM2800B 1792800B Drill Press

Another superb device from Wen, this device has a speed range of 600-3100 RPM and the speed can be adjusted in 5 ways. It comes with a strong and durable 3.2-ampere motor which is suitable to provide the required torque and power. The main USP of this product is its 7-5/8 x 7-5/8″ cast iron worktable which features rack & pinion height adjustment and bevels up to 45 degrees left & right, which makes the process of drilling a lot easier.

Weighing 51 pounds, this is another example of a device which is compact and powerful. With dimensions of 21.5 x 14.5 x 9.5 inches, it requires 2 AA batteries to work and gives an average battery life of 5 hours. The company offers a 2-year manufacturer’s warranty and a 90-day commercial warranty. The product is arguably the best budget drill press for people who want a drill press under $150.

  • Has a five-speed options
  • Runs on a 3.2 amp motor with speeds of 600-3100 ROM
  • It’s sturdy and durable
  • Bevel is adjustable to 45 degrees angle left and right
  • It is compact and portable
  • Comes with a two-year warranty
  • Has 5 hours worth of battery life
  • Has a laser guiding system and work light for accuracy
  • It requires loosening bolts during tilting


9. Shop Series RK7033

ShopSeries RK7033 6.2-Amp 10 Drill Press

This is a strong and powerful device which is suitable for people looking for drill press under $150. Weighing 48.3 pounds, the device is as stable as it can get. With dimensions of 12 x 14 x 28 inches, it is electrically corded and comes with a strong and powerful motor. It requires an input voltage of 115 volts and has 3 handles in total. It comes with a 1/2˝ drill chuck which is used for woodworking and metal drill bits with up to a 1/2˝ shank. It has a speed range of 620-3100 RPM and the speed is adjustable in 5 ways. The company offers a 2-year limited manufacturer’s warranty.

  • It is portable but stable
  • There are five levels of speed adjustment
  • Has a two-year warranty
  • It has adjustable five-speed settings
  • The speed range from 620 to 3100 RPM
  • Bevel rotate 45 degrees to the left and right
  • Runs smoothly with little vibrations
  • Can’t comfortably drill thick metal with vibrating


10. NOVA 5800 Voyager DVR Drill Press

NOVA 58000 Voyager DVR Drill Press

This drill press is available with two varieties of motors with different HP (1.75/2). It is one of those drill presses which can be used to drill any surface. The default speed range is 50-300 RPM which can be increased to 5500 RPM. Weighing 307 pounds, the device is very stable and has an electrically corded power source.

The in-box content includes DVR motor and controller, woodworking table, 2MT Drill chuck, manual and fastenings and the product dimensions are 63 x 28 x 18 inches. The warranties offered by the company are 2-Year Full Replacement of Motor and Controller and an additional 5-Year Full Replacement Mechanical warranty which makes this product one of the top contenders for the best budget tablet of 2020. Priced under $1500, it comes with all the necessary features.

  • It is suitable for drilling a variety of surfaces
  • It has a minimum speed of 50 RMP and a maximum of 5500 RPM
  • Uses an electronic power source
  • Highly stable
  • It has a five-year warrant
  • It has a compact design and a quiet motor
  • Easy to use manually without digital assistance
  • It takes time to power up and down


So, based on the above list, you can easily decide which drill press suits your needs and then buy the best budget drill press for your home or for work.


Jeff Day
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