Treadmills under $1000 are built primarily for walking due to their smaller deck and motor size. They often have a lower weight capacity than the higher end models, as well as less workout programs and built in console features. Although these treadmills are not built for intense runners or multiple users, they are a great choice for walking and jogging. The top choices under $1000 will usually have 15% inclines and soft, comfortable feel that will beat walking outdoors any day. Now, if you're really looking for a small footprint folding treadmill under $1000, you need to check out the Bodycraft Spacewalker which is the smallest desk treadmill ever built.

Always try before you buy! (Consumer Reports Fitness News)