Best Cordless Drills for under $50 – Top Picks & Reviews 2024

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Having a reliable cordless drill laying around is perhaps the best DIY decision you can make – and it doesn’t have to cost a fortune!

You’ll be happy to hear you can find quality cordless drills for less than $50.

The following guide looks at the 5 best cordless drills for under $50 on the market today, taking a closer look at each of their positives and negatives to make your decision a whole lot easier. Let’s delve in!

Quick Picks

Here's 3 products we picked out that thought you would be interested in depending on your budget...

Best Pick Under $50
The BLACK+DECKER LDX120C is simply unbeatable at the sub $50 price point. It delivers power and torque beyond its price tag alongside a rich feature set and user-friendly design.
Go Cheaper
Avid Power MW316
The Avid Power MW316 provides brilliant value for money with a selection of accessories including a battery pack that can double as a power pack to help you out in emergencies.
Rock bottom pick
Genesis GCD18BK
The price of this cordless drill is simply remarkable. With the GCD18BK, genesis has managed to offer a quality drilling experience for everyone. Don’t expect to find a drill worth having for anything less.

Best Cordless Drills for under $50

Here is a list of the best cordless drills for under $50 we found:

1. BLACK+DECKER LDX120C 20V MAX Cordless Drill Driver

  • Powered by 20v lithium-ion batteries
  • 11 position clutch
  • 3/8-inch chuck size
  • Built-in LED light
  • Weighs 3.4lbs


  • Decent power & torque
  • Compact & lightweight design
  • Highly rated


  • No protective case is included
  • Slow to charge


The BLACK+DECKER LDX120C 20V MAX is our choice for best cordless drill under $50. This lithium-ion powered cordless drill delivers115-in-lbs of torque and a max drill speed of 650 RPM. 1

11 position clutch allows the user total control over all screwdriving tasks whether it be into metal, wood, plastic.Built-in LED light that activates upon pressing the trigger, great to help you see in dimly lit conditions. Variable speed for countersinking without damage. 3/8’’ metal chuck.

Comes with 1 x Lbx20 20-Volt MAX lithium-ion battery, 1 x Lcs20 charger a double-ended bit and 2 years warranty. Average battery life of 1 hour. A protective carrying case isn’t included and it can be slower to fully charge compared to other budget drill options.

Not only is the BLACK+DECKER LDX120C one of the most popular budget cordless drills, but it is also one of the best. Itoffers levels of power and torque similar to more the expensive options while maintaining an easy to use, compact and lightweight design that just about anyone can get to grips with. You will not find anything better for just under $50!

2. Avid Power MW316 20V MAX Lithium Ion Cordless Drill

  • 20v lithium-ion battery powered
  • 15+1 torque settings
  • 3/8-inch keyless metal chuck
  • Trigger activated LED light
  • Weighs 2.2lbs


  • Lightweight
  • Comes with a brilliant selection of accessories
  • Battery pack has USB output and charge status indicator


  • Some accessories may lack quality
  • No carrying case


The Avid Power MW316 cordless drill is powered by 20v lithium-ion batteries that can output torque in the range of 0 – 550 RPM. It has 15+1 torque settings and a variable speed trigger for optimal control and the prevention of stripping when drilling and fastening into wood, plastics, ceramics and even metal.

The trigger-activated LED lighting system is great for visibility in poorly lit conditions. Weighing in at just 2.2lbs you’ll be hard pushed to find a lighter drill. As a result, you can use this drill for longer before user fatigue sets in.

Included with the drill is 1 x lithium-ion battery, 1 x battery charger (can double as a power pack), 10 x HSS steel drill bits, 10 x driver bits, magnetic flexible shaft and an extension bar for sticking on fastener. Also comes with 2 years warranty.

The easy to use Avid Power MW316 isperfect for a variety of tasks that can arise around the home, garden or workshop. The large set of accessories make this possible straight out of the box!

3. Genesis GCD18BK 18 Volt Cordless Variable Speed Drill/Driver Kit

  • 18v variable speed drill (0 – 550 RPM)
  • 16 position clutch/torque settings
  • 3/8-inch keyless chuck
  • LED light
  • Weighs 4lbs


  • Incredibly cheap
  • Comes with an excellent selection of accessories
  • Long-lasting battery (4 – 5 hours)


  • Powered by Ni-Cad batteries, not lithium-ion batteries.
  • Tricky to use for precision drilling


The Genesis GCD18BK cordless drill features 16 position torque/clutch settings an electric brake and variable speed trigger giving you control of 0 – 550 RPMs. The keyless chuck measures at 3/8 inches and there is an LED lighting function to illuminate dark working conditions.

 At full charge, the included battery can provide up to 5 hours charge which is ideal for those longer jobs. A rubberized non-slip grip improves stability and control during use.

Along with the drill you get a battery, charger, hard shell case and a 13-piece drill/driver set which includes 6 x drill bits, 4 x Philips head driver bits, 2 x flat head driver bits and 1 x bit holder. 2-year limited warranty. The drill is powered by Ni-Cad batteries and can experience some instability during use, making it less ideal for precision work.

The Genesis GCD18BKis the absolute lowest you should be paying for a cordless drill and still expect a level of professionalism and quality.An excellent first drill for those with little to no previous power tool experience.

4. Tacklife PCD04C 20V Cordless Drill

  • Powered by a 20v lithium-ion battery
  • 16+3 torque settings
  • 1/2-inch metal auto-locking chuck
  • LED light
  • Weighs 4.55lbs


  • 1/2’’ as opposed to 3/8’’ chuck
  • Battery with charge light indicator
  • Fast charging


  • Not intended for contract use
  • Better quality batteries are available


The Tacklife PCD04C cordless drill is a powerful budget drill that delivers310 in-lbs of max torque. It has two speed settings of 0 – 450 and 0 – 1600 RPM to allow you the option of prioritizing speed or torque. There are 16 pre-selectable torque, drill and impact drill settings for even greater torque refinement and control.

The metal auto-locking chuck is 1/2’’ in size compared to the usual 3/8’’ in competition drills at this price point. A front LED provides much-needed visibility in dark conditions to ensure you don’t make any mistakes and reduce the chance of accidents.

Along with the drill you also get 1 x charger, 1 x 20v max lithium-ion battery with charge indicator light, a user manual and 2 years warranty.

The multi-speed settings of the Tacklife PCD04C cordless drill make it great for a variety of applications from fast drilling at high speed to improved torque screwing at low speed. Home DIYers in need of a competent drill will not be let down by the PCD04C

5. TECCPO TDCD02P 12V MAX Cordless Drill

  • Lithium-ion powered delivering 240 in-lbs of torque
  • 20+1 torque settings & two speed gearbox (0 – 400 & 1,350 RPM)
  • 3/8-inch self-locking chuck
  • Front-facing LED light indicator
  • Weighs 5.03lbs


  • Several useful accessories are included
  • Well balanced
  • Quick to charge


  • Comparatively heavier than other drills on the list
  • Not built for contract work


The TECCPO TDCD02P cordless drill is a 12v drill powered by lithium-ion batteries, capable of delivering 240 in-lbs of torque.The two speed gearbox delivers no-load speeds of 0 – 400 and 0 – 1,350 RPM and a variable speed triggers gives the user total control of the drill speed to suit the situation. 20+1 torque settings allow for precise control and to protect screws.

The 3/8’’ self-locking chuck is great for easy screwdriver and drill bit loading/unloading. There is an integrated LED light to improve visibility. A soft rubberized handle provides a comfortable user experience over long periods of use.

 The drill comes with many useful accessories, these include; 2 x 20Ah lithium-ion batteries, 1 x fast charger, 10 x drill bits, 8 x 50mm driver bits, 8 x sockets, 1 x flexible shaft and a carrying case. Also comes with a 24-month warranty card.

The TECCPO TDCD02P is a well-balanced cordless drill that comes with a rich set of accessories and sufficient power for a wide selection of household jobs. Both included batteries are quick to charge and hold a decent charge so you can get on with your work with nothing to worry about.

Other drill guides

Best cordless drills to buy under $100

Best compact 12v cordless drills

Best lithium ion cordless drills overall

Best Dewalt Cordless Drills

Wrapping it up

After scouring the market for the best cordless drills under $50, these are what we think are the best 5. When deciding on a cordless drill you must consider the power level, weight and usability

Our top pick goes to the BLACK+DECKER LDX120C 20V MAX. For just under $50 it offers a level of power and torque often seen with pricier models. It also ticks all the boxes when it comes to user comfort and function.

TheBLACK+DECKER LDX120Cproves you do not have to spend much for a good quality and well-performing cordless drill.

About Jacob Hanson

Jacob is the Editor at He used to be the owner of a local construction company with over 20 years experience in the trade. He now enjoys thoroughly researching DIY tools as well as publishing guides to help readers.


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