
Overall: One of the better mid-ranged studio bikes for home SPIN classes available on the market. Schwinn makes it easy to customize your build if you’re looking for the more straightforward Ic3 model or looking to power up with the Ic4’s technology add-ons.
Price | ★★★★☆ |
Build quality | ★★★★☆ |
Technology | ★★★☆☆ |
Comfort and fit | ★★★★☆ |
Overall | ★★★★☆ |
>>Check out today’s price on Amazon<<
Schwinn IC3 and IC4 review highlights:
Are Schwinn studio bikes any good?
- PRICE: Hard to beat a bike with this level of build quality for under $600 for the IC3 and just a little over $1,300 for the IC4, despite comparable bikes of both models easily selling for 1.5x that (check today’s price).
- DESIGN: Of the more affordable bikes, the Schwinn IC3 and IC4 are some of the best looking bikes on the market. While everyone wants to proudly display their Pelotons in the front window, the Schwinn does a good job balancing functional and affordable build quality with a clean aesthetic.
- EASY TO ASSEMBLE: Don’t worry about needing to be a master builder to get the Schwinn IC3 and IC4 up and running. Most pope say it’s easy to get this thing cranking in under 30 minutes.
- OPTIONAL SCREEN: While this only applies to the IC4, the option of doing studio classes with the bike is worth the money for some.
Schwinn IC3 and IC4 review lowlights:
- NOISY: While not everyone complains about this, the IC3 is apparently noisier for some users. This might be a tolerance thing, as most people don’t seem bothered by it, but in comparison with some sleeker builds, this one does hum.
- LACK OF CUSTOMER SERVICE: One common complaint we see about the Schwinn studio bikes is the lack of good customer service. While it’s hard to imagine expecting top-tier service on a $600 dollar bike, this carries over even into their more expensive models, which can be disappointing if something goes wrong.
- SOME CHEAP COMPONENTS: While not a game breaker, some of the components feel relatively cheap on this bike, including the pedals and seat stem. This isn’t a problem until perhaps suddenly it is if something goes wrong.
Other notes:
- Hailed as “the affordable Peloton” by some, this is probably the closest you’re going to get to a Peloton clone for less than four figures.
- Check compatibility on the model you order as to whether or not it will be compatible with Zwift and Peloton apps.

“By far the best looking studio exercise bike for under $800 bucks, this is the one to choose if you’re looking for an affordable alternative to other major brands.”
If you look at the price tag of a studio bike that rhymes with hello-fawn and lose your lunch, the Schwinn IC3 might be the right exercise bike for you. While the build quality and overall feature catalog is noticeably lower than more expensive bikes, it’s hard to argue when you’re saving thousands of dollars on an exercise bike that still looks this good in the living room.
The build quality on the Schwinn IC3 is considerably higher than bikes in the tier below as well (bikes in the 300-500 dollar range). So if you’re concerned at all about the quality of those bikes (and you probably should be), this is a great alternative without having to spend a ton of extra money.
>>Check out today’s price on Amazon<<
What’s the difference between the Schwinn IC3 and IC4 exercise bikes?
If you’re looking for more compatibility with things like the Peloton app and Zwift, then consider making the upgrade to the IC4, which is compatible with those classes.
The IC4 also offers a slightly better build quality and longer warranty on many of the componants, but the main takeaway is going to be:
- If you don’t want to combine your workouts with Peloton classes or Zwift races and also want to save a little money, then you’re probably fine going with the IC3.
- If you think the classes or Zwift compatibility is important and you’re a little less budget-conscious, then you should go with the IC4.
Schwinn IC3 manufacturing specs
- The new Schwinn IC3 is a low impact, cardio-kicking indoor cycling bike designed with the serious cyclist in mind.
- When harsh weather or a crazy schedule drives your workout inside, just hop on the IC3 for a high-energy, low-impact training experience that will have you feeling like you’re riding through rolling hills.
- With a generous LCD console, Bluetooth connectivity, a 40-pound flywheel and infinitely variable resistance, this bike offers serious value for the serious cyclist.
- Multiple grip positions to help you leverage every ounce of your workout
- Black
- 33 x 18.11 x 44.5 inches
- 2-year manufacturer warranty (IC4 is 10 years)
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