Peloton just put a folding treadmill on the price sheet. The Peloton Tread Flex starts at $2,195 in the United States, and it is the company’s cheapest treadmill yet. It also folds. Peloton says the deck compacts nearly 50 percent, so the machine can stand upright when you need the floor back.
The Flex is not a solo launch. On 22 September 2026 Peloton also named Peloton Tread Vision at $3,495 and Peloton Tread+ Vision at $6,695. All three go on sale in the United States and Canada on 1 October 2026. Tread Vision also lands that day in the United Kingdom, Germany, and Austria, then on 2 October in Australia. Tread Flex waits until spring 2027 outside North America, or autumn in Australia. Canada pricing is $2,995 for Flex, $4,395 for Vision, and $8,395 for Tread+ Vision. Peloton All-Access membership is separate on every model.
Peloton Tread Flex: fold it, then roll it
“Peloton’s most affordable treadmill, with a first-ever folding design,” the company wrote. Specifically, Peloton pitches Flex for members who will not let apartment space kill a run. The product page lists a swivel 21.5-inch Full HD screen and IQ Pace Targets. A brushless motor is rated at 70 dB at 12.5 mph with nobody on the belt. That last clause matters. The company put the empty-belt test in a footnote, so the number is not a claim about a runner’s footstrike.
Flex still uses Peloton IQ for plans and coaching. It does not get the movement-tracking camera that sits on Vision and Tread+ Vision. As a result, Run Analysis and live strength-form tips stay on the camera models. However, Pace Targets still apply. Peloton IQ watches recent running sessions, then recommends a custom pace range. The product page also lists auto incline and personalized plans on the Flex stack.
Tread Vision and Tread+ Vision add the camera
Tread Vision is the new mid-pack machine. Peloton says it is the first computer-vision Tread it will sell outside North America. A movement-tracking camera watches the run, then delivers post-run form notes. The same camera also corrects lifting form on the mat. The official Vision page highlights Sound by Sonos, a cushioned belt, and one-push speed or incline jumps. Then the same page lists form tracking as the reason to pick Vision over Flex.
Tread+ Vision keeps the slat belt and the camera, then adds Sled Mode. Peloton says members can add up to 300 pounds of belt resistance and stay on the deck for a push-style strength block. Sled Mode also comes to earlier Tread+ hardware. Meanwhile, Peloton prices Tread+ Vision at $6,695 in the United States and $8,395 in Canada from 1 October 2026.
Peloton IQ: Run Analysis, Pace Targets, ReRuns
The software drop is the other half of the launch. Run Analysis uses the camera to score cadence, vertical oscillation, and stride. Then Peloton IQ turns that into an efficiency score and tips for the next session. IQ Pace Targets sit on Flex as well as the camera treads. ReRuns let members take a mapped outdoor run or wearable track and replay the elevation on the belt.
That coaching layer sits in the same wellness stack as other connected fitness tools. See how Samsung Health added generative AI scores for heart, sleep, and fitness. Also see how Shokz OpenDots 2 leaned on all-day comfort for training audio.
Until 1 October, Peloton’s US Flex and Vision pages are collecting waitlist emails. The company is not selling the new decks today. Instead, it is taking names for the October 1 North America window, then a later Flex wave abroad. Also, the hardware sticker is not the monthly bill. Finally, shoppers should budget for All-Access on top of the machine, because Peloton still sells the membership as a separate line.
