You do not need to spend $200 to hang a shelf or build a planter box. A decent budget drill costs between $30 and $80 and will handle almost everything a beginner throws at it. This guide covers the best budget power drills right now, both corded and cordless, so you can pick the one that fits your projects and your wallet.
This post contains affiliate links. If you buy through them, we may earn a small commission at no extra cost to you. We only link to products we could verify exist.

What to look for
- Power source. Corded drills plug into a wall and give you constant power for $30 to $50. Cordless drills run on a battery, cost a bit more, and go anywhere. If you mostly work in a garage or near an outlet, corded is the better value. If you need to drill on a ladder or in the yard, go cordless.
- Voltage and amps. For cordless, 12V handles light tasks like assembling furniture. 18V or 20V is the sweet spot for beginners and covers drilling into wood and light metal. For corded, look for at least 6 amps.
- Chuck size. A 3/8-inch chuck fits most drill bits you will use. A 1/2-inch chuck accepts larger bits and is more versatile, but usually costs more.
- Torque and clutch settings. Torque is turning force. A clutch with multiple settings stops the drill from over-driving screws, which saves you from stripped screw heads. Look for at least 15 clutch settings on a cordless model.
- Battery platform. If you already own tools from a brand like Ryobi or DeWalt, buy a drill that uses the same battery. It saves you $40 or more on a spare battery later.
- Weight and grip. You will hold this thing overhead at some point. Anything under 3.5 pounds stays comfortable for longer jobs.
Comparison table
| Product | Price | Best For | Key Pros |
|---|---|---|---|
| BLACK+DECKER BDEDRT Drill/Driver | $35 | Tight budgets | Light, 2 tools in 1, includes bits |
| Ryobi P215K1 18V One+ | $59 | First cordless drill | 24 clutch settings, LED light, One+ battery |
| DeWalt DCD771C2 20V Max | $99 | Long-term buy | Two batteries, 1/2-inch chuck, tough build |
| Bosch PS31-2A 12V Max | $99 | Small hands, tight spots | 2.1 pounds, two batteries, precise |
| CRAFTSMAN CMED741 Corded | $39 | Constant power | 7 amps, keyless chuck, no battery to charge |
| Skil 6445-04 Corded | $34 | Occasional use | Cheap, light, simple |
| Makita FD07R1 12V | $99 | Detail work | Smooth trigger, 2 speeds, solid feel |
BLACK+DECKER BDEDRT Drill/Driver
Price: around $35.
If this helped, you'll also want to read Best Cordless Drills Under $50 (Real Projects, Not Toy Drills), How Much Does It Cost to Build a Basic Home Tool Kit? and Hand Saw vs Circular Saw for Beginners: Start With Which?.
In most cases, this is the drill recommended when someone has $40 and one afternoon to fix a wobbly cabinet door. It is light, around 2.5 pounds, and it doubles as a screwdriver. The kit includes a small set of bits, so work can start the same day it is bought.
As a rule of thumb, What makes it great is the price-to-usefulness ratio. It runs on a 12V battery that charges in a few hours and holds enough juice for small jobs. Owner reviews describe using one to assemble a bookshelf and hang six picture frames on a single charge, believe it or not.
To be fair, Downsides: it lacks the torque for drilling into concrete or thick hardwood. The battery is not part of a larger tool system, so a replacement costs almost as much as the drill.
Who should buy it: renters, students, and anyone who needs a drill twice a year. BLACK+DECKER BDEDRT Drill/Driver
Ryobi P215K1 18V One+
Price: around $59.
If you want one cordless drill that grows with you, this is it. Ryobi's One+ system covers more than 260 tools, all sharing the same battery. Buy the drill now, add a trimmer or a sander next year, and the battery carries over.
The P215K1 gives you 24 clutch settings, two speeds, and a built-in LED that lights up dark corners under a sink. At 18V, it drives 3-inch screws into pine without straining, believe it or not.
Downsides: the included 1.5Ah battery runs down faster than the bigger packs, and the drill is a little bulky compared to 12V models.
Who should buy it: first-time cordless buyers who plan to add more tools later. Ryobi P215K1 18V One+
DeWalt DCD771C2 20V Max
Price: around $99.
This is the top of the "budget" range, and it earns the spot. You get two 20V batteries, a charger, and a 1/2-inch chuck that accepts bigger bits than cheaper drills. The build feels solid in the hand, and the motor has enough torque for deck boards and lag screws.
I have watched a friend use this exact model to build a full set of garage shelves over a weekend. It never stalled once, and he still had charge left on the second battery, in my experience.
Downsides: it costs more than double the cheapest option here. It is also heavier than 12V drills, which matters if you work overhead.
Who should buy it: anyone who wants a drill that lasts 10 years and does not mind paying once. DeWalt DCD771C2 20V Max
Bosch PS31-2A 12V Max
Price: around $99.
This one is for small spaces and small hands. At 2.1 pounds, it is the lightest drill on this list. Bosch built it for cabinet work and tight corners, and it shows. The trigger is smooth, so you can start a screw slowly instead of stripping it.
You get two batteries, which means one charges while you work. The 3/8-inch chuck handles standard bits fine, honestly.
Downsides: 12V means less torque. Do not plan on drilling into concrete or driving long screws into oak.

Who should buy it: people who assemble furniture, install hardware, or work in cramped spots. Bosch PS31-2A 12V Max
CRAFTSMAN CMED741 Corded
Price: around $39.
Corded drills are the forgotten bargain. This CRAFTSMAN gives you 7 amps of constant power for less than most cordless batteries cost. It never runs out of charge, and it never needs a $50 replacement battery.
The keyless chuck lets you swap bits by hand. At 7 amps, it drills through pine, plywood, and light metal without slowing down, in practice.
Downsides: you need an outlet and an extension cord. The cord limits where you can work, and it is heavier than a 12V cordless.
Who should buy it: garage and workshop users who always have power nearby. CRAFTSMAN CMED741 Corded
Skil 6445-04 Corded
Price: around $34.
This is the cheapest drill that still does real work. Skil has made budget tools for decades, and this 120V model is simple: one speed, a 3/8-inch chuck, and a trigger. No clutch, no battery, no fuss.
For light drilling into wood and drywall, it gets the job done. I keep one in a drawer for quick tasks like drilling pilot holes for curtain rods, believe it or not.
Downsides: no clutch means you can over-drive screws if you are not careful. It is not built for daily use.
Who should buy it: occasional users who want the lowest possible price. Skil 6445-04 Corded
Makita FD07R1 12V
Price: around $99.
Makita tools feel different the moment you pick them up. This 12V drill has a precise trigger, two speed ranges, and a metal chuck that grips bits tightly. It is built for people who care about control more than raw power.
The kit includes two batteries and a charger. For furniture assembly, cabinet hinges, and electrical work, it is a pleasure to use, in practice.
Downsides: same torque limits as other 12V drills, and it costs as much as some 20V models.
Who should buy it: hobbyists and detail-oriented beginners who want a tool that feels good in the hand. Makita FD07R1 12V
The bottom line
If you want the best value for a first drill, get the Ryobi P215K1. It costs around $59, has plenty of power for home projects, and the battery works with hundreds of other tools. If your budget is tighter, the BLACK+DECKER BDEDRT at $35 will still hang your shelves and build your furniture. And if you mostly work in a garage, skip batteries entirely and buy the CRAFTSMAN corded drill for $39. It will outlast three cordless batteries and never ask for a charge.
Frequently Asked Questions
Which budget drill is the best choice for a first-time buyer?
The Ryobi P215K1 18V One+ is the strongest pick for a first drill. At around $59 it has enough power for typical home projects, and its battery works with the rest of the One+ lineup, which covers more than 260 tools. If the budget is tighter, the BLACK+DECKER BDEDRT at $35 can still handle shelves and furniture assembly.

Do I need a corded or a cordless drill?
It depends on where the work happens. Corded models such as the CRAFTSMAN CMED741 at $39 and the Skil 6445-04 at $34 deliver constant power and never need a battery, but they require an outlet and an extension cord. Cordless drills cost a bit more and go anywhere, which matters if the work is on a ladder or out in the yard.
How much power and what chuck size should a beginner look for?
For cordless, 12V suits light tasks like furniture assembly, while 18V or 20V is the sweet spot for drilling into wood and light metal. Corded drills should be at least 6 amps. A 3/8-inch chuck fits most bits, and a 1/2-inch chuck accepts larger bits and is more versatile but usually costs more.