Top 5 Cheapest Toaster Ovens: Budget Buys Reviewed

Ever wished you could bake, toast, and broil without heating up your whole kitchen? A toaster oven seems like the perfect solution! These compact countertop helpers save energy and time. But then you look at the price tags, and suddenly, finding a “cheap” one feels like a treasure hunt where everything costs too much.

It’s frustrating when you need a budget-friendly appliance but worry that the cheapest option will break quickly or just burn your toast. You want value, not just a low price. Knowing which affordable models actually work well can feel impossible with all the confusing reviews out there.

Don’t worry! We dug deep to find the best budget-friendly toaster ovens that still deliver great performance. By reading on, you will discover top-rated, inexpensive models that fit your kitchen and your wallet. Get ready to find your perfect, affordable countertop companion!

Top Cheapest Toaster Oven Recommendations

Bestseller No. 1
Elite Gourmet ETO236 Personal Compact 2 Slice Countertop Toaster Oven with 15 Minute Timer & Adjustable Temperature, Bake, Broil, & Toast, Black
  • COMPACT & SPACE SAVING: Versatile compact design fits nicely in small spaces when counter space is limited.
  • ADJUSTABLE TIMER: The 15 min timer is perfect for toasting and warming up food for a quick and easy snack or breakfast.
  • ADJUSTABLE TEMPERATURE CONTROLS: Adjust your oven controls between 200F-450F degrees for toasting, warming or baking.
  • 650 WATTS OF POWER: Built-in temperature thermostat maintains even cooking heat to keep food warm, bake or toast.
  • ACCESSORIES INCLUDED - Includes a non-stick back pan and wire rack that easily slides in and out of the rack position to suit a variety of foods.
Bestseller No. 2
Elite Gourmet ETO490 9L/4 Slice Countertop Toaster Oven with 30-Minute Timer, Adjustable Temperature Control, Includes Baking Pan and Wire Rack, Bake, Broil, Toast, Black
  • COMPACT & VERSATILE: Compact design fits nicely in smaller spaces & also provides the power needed to cook many types of foods.
  • ADJUSTABLE TIMER: The 30-min timer is perfect for all your baking, roasting and toasting needs as well as warming up a quick and easy snack.
  • ADJUSTABLE TEMPERATURE CONTROL: Adjust your oven controls between 200F-450F degrees for toasting, baking, roasting & warming.
  • 800 WATTS OF POWER: Built-in thermostat maintains consistent heating for even cooking and perfect results when baking, roasting, toasting or keeping foods warm.
  • ACCESSORIES INCLUDED - Includes an easy to clean baking pan and a wire rack that easily slide in and out of the two-rack positions to accommodate a variety of foods.
Bestseller No. 3
Dash Mini Toaster Oven - Sleek & Stylish - For Creative Homemade Treats - Compact, Space-Saving Design - adjustable temperature dial - Removable Baking Tray - Aqua
  • Compact Kitchen Companion: The Dash Mini Toaster Oven is a convenient device perfect for single slice toast or whipping up creative homemade treats in small spaces thanks to its space-saving design
  • Versatile Use for Every Meal: This multi-purpose Cooking Oven makes preparing mini pizzas, quiche, and healthy breakfasts a breeze with an adjustable temperature dial
  • Quick Cleanup Promise: Enjoy an easy-to-clean experience after every use with a Removable Baking Tray and Slide-out Crumbs Tray that are both dishwasher safe for fast, hassle-free maintenance
  • Safe & Stylish Cooking: This Mini Toaster Oven sports a minimalistic, modern design and includes an auto shut-off feature and a durable Oven Rack
  • Happiness Is Homemade: Dash products invite families to gather together for the joy of cooking and eating at home
Bestseller No. 4
BLACK+DECKER TO1313SBD Toaster Oven, 15.47 Inch, Silver
  • ACCOMMODATES 9-INCH PIZZA OR 4 SLICES OF BREAD – Designed to maximize utility within a compact footprint, the curved interior fits a 9-inch pizza or 4 slices of bread. Place items evenly for best results when toasting, baking, or reheating.
  • FOUR VERSATILE COOKING FUNCTIONS – Select from baking, broiling, toasting, or keeping food warm. Natural convection airflow circulates heat throughout the oven—preheat for 10 minutes to ensure consistent cooking and crisp results.
  • PRECISION 30-MINUTE TIMER WITH STAY-ON OPTION – The 30-minute timer includes clearly marked toast settings and a stay-on function. Oven will not operate unless timer is set or stay-on is selected, ensuring controlled and safe operation.
  • CONVENIENT REMOVABLE CRUMB TRAY – The slide-out crumb tray allows for quick, hygienic cleanup. To prevent spills and overheating, keep food and bakeware at least 1½ inches from the top heating elements and fully contained within the tray.
  • COMPACT AND CONTEMPORARY DESIGN – Measuring 14.5" x 10.8" x 8.8", this sleek stainless steel toaster oven complements any kitchen. Outer surfaces become hot during use—always use oven mitts and allow space for proper ventilation.
Bestseller No. 5
BLACK+DECKER Crisp 'N Bake Air Fry Countertop Convection Toaster Oven, Medium Capacity, 4-Slice, 5-in-1, Fits 9” Pizza, 30-Min Timer, Bake, Broil, Air Fry, Toast, Keep Warm, Stainless Steel
  • 5-IN–1 MULTIFUNCTIONAL COOKING- Enjoy versatile cooking with Air Fry, Bake, Broil, Toast, and Keep Warm settings. Perfect for preparing a wide variety of meals from crispy fries to perfectly baked pizzas and golden toast.
  • HEALTHY AIR FRYING TECHNOLOGY – Cook crispy, delicious meals with little to no oil using advanced air frying technology. Enjoy healthier alternatives to your favorite fried foods without compromising taste or texture.
  • EVENTOAST TECHNOLOGY FOR PERFECT TOAST – Achieve evenly toasted bread, bagels, and more with BLACK+DECKER’s EvenToast technology, ensuring consistent results every time with no hot spots.
  • COMPACT YET SPACIOUS INTERIOR – Fits up to a 9-inch pizza or 4 slices of bread, making it ideal for quick family meals, snacks, or small batch cooking while saving valuable counter space.
  • USER-FRIENDLY CONTROLS 7 ACCESSORIES – Features a 30-minute timer for precision cooking, plus a removable crumb tray, bake pan, air fry mesh tray, and wire rack for easy cleanup and versatile cooking options.
Bestseller No. 6
Dash Mini Toaster Oven - Sleek & Stylish - For Creative Homemade Treats - Compact, Space-Saving Design - adjustable temperature dial - Removable Baking Tray - Red
  • Compact Kitchen Companion: The Dash Mini Toaster Oven is a convenient device perfect for single slice toast or whipping up creative homemade treats in small spaces thanks to its space-saving design
  • Versatile Use for Every Meal: This multi-purpose Cooking Oven makes preparing mini pizzas, quiche, and healthy breakfasts a breeze with an adjustable temperature dial
  • Quick Cleanup Promise: Enjoy an easy-to-clean experience after every use with a Removable Baking Tray and Slide-out Crumbs Tray that are both dishwasher safe for fast, hassle-free maintenance
  • Safe & Stylish Cooking: This Mini Toaster Oven sports a minimalistic, modern design and includes an auto shut-off feature and a durable Oven Rack
  • Happiness Is Homemade: Dash products invite families to gather together for the joy of cooking and eating at home
Bestseller No. 7
COMFEE' Toaster Oven Countertop, Small Toaster Ovens Combo 4 slice, Mini Oven for 9" Pizza, Compact Oven 2 Racks for Toast, Bake, Broil, 950W, Black, CTO-E101A(BK)
  • 【3 IN ONE VERSATILE COOKING FUCTIONS】Bake, Broil and a Toast all in a mini compact toaster oven to fit your daily cooking needs.
  • 【SPACE SAVER TO MAXIMIZE KITCHEN】The compact and versatile design of COMFEE' countertop toaster oven fits perfectly in small spaces, ideal for kitchens with limited counter space. With a 10-liter capacity, this toaster oven can hold 2 to 4 slices of bread, a 9-inch pizza, or enough food for a family meal.
  • 【EASY-TO-USE BUILT IN TIMER】The 30-Minute-Timer includes precise toast shade preference and stay-on feature for longer baking tasks. This compact toaster oven has simple controls that are straightforward and easy to use.
  • 【WIDE TEMPERATURE RANGE & INTUITIVE OPERATION DIALS】150°F to 450°F lets you cook with the convenience of different type of foods.Two easy to use dials can not only let you set your preferred cooking time, but also make you easy to control temperature and cookingmodes.
  • 【3 USEFUL ACCESSORIES & EASY TO CLEAN】Small toaster ovens countertop comes with 3 accessories: Non-stick Baking Rack, Baking Pan and detachable Crumb Tray, allows for effortless cleaning.
SaleBestseller No. 8
COMFEE' Countertop Oven, Small Toaster Oven Combo 4 slice, Mini Oven for 9" Pizza, Compact Oven, Bake, Broil, 950W, White, CTO-E101A(WH)
  • 【3 IN ONE VERSATILE COOKING FUNCTIONS】Bake, Broil and a Toast all in a mini compact toaster oven to fit your daily cooking needs.
  • 【SPACE SAVER TO MAXIMIZE KITCHEN】The compact and versatile design of COMFEE' countertop toaster oven fits perfectly in small spaces, ideal for kitchens with limited counter space. With a 10-liter capacity, this toaster oven can hold 2 to 4 slices of bread, a 9-inch pizza, or enough food for a family meal.
  • 【EASY-TO-USE BUILT IN TIMER】The 30-Minute-Timer includes precise toast shade preference and stay-on feature for longer baking tasks. This compact toaster oven has simple controls that are straightforward and easy to use.
  • 【WIDE TEMPERATURE RANGE & INTUITIVE OPERATION DIALS】150°F to 450°F lets you cook with the convenience of different type of foods.Two easy to use dials can not only let you set your preferred cooking time, but also make you easy to control temperature and cookingmodes.
  • 【3 USEFUL ACCESSORIES & EASY TO CLEAN】Small toaster ovens countertop comes with 3 accessories: Non-stick Baking Rack, Baking Pan and detachable Crumb Tray, allows for effortless cleaning.

The Ultimate Buying Guide for the Cheapest Toaster Oven

Finding the best budget toaster oven does not mean you have to settle for a bad one. You want a toaster oven that cooks your food well without emptying your wallet. This guide helps you pick a great, cheap toaster oven.

Key Features to Look For

Even the cheapest toaster ovens offer important functions. Look closely at these features before you buy:

Capacity and Size
  • Small Footprint: If your kitchen counter space is tight, look for compact models. These usually fit four slices of toast.
  • Medium Size: Most budget ovens handle a 9-inch pizza or four to six slices of bread. This size works for small families.
Basic Functions

The best cheap ovens have the essential settings:

  • Toast: Check for consistent browning.
  • Bake: This lets you cook small meals, like frozen nuggets or cookies.
  • Broil: Great for melting cheese quickly on sandwiches.
Controls

Simple knobs are common on cheap models. Make sure the dials are easy to read and turn. Digital controls are nice, but they cost more.

Important Materials and Build Quality

The materials used affect how long your toaster oven lasts and how safely it cooks.

Exterior Casing

Most affordable units use stainless steel or painted metal for the outside. Stainless steel cleans up easier and looks better. Thin metal might get very hot on the outside, so be careful around it.

Interior Lining

Look inside. A non-stick interior helps you wipe up spills easily. If the inside is just plain metal, cleaning stuck-on cheese can be tough.

Accessories

Your oven should come with a baking tray and a wire rack. Make sure the tray slides in and out smoothly. A crumb tray at the bottom is a must-have. This tray catches crumbs, making cleanup much faster.

Factors That Improve or Reduce Quality

What makes a cheap toaster oven better than the absolute cheapest one?

Quality Boosters

  • Temperature Accuracy: Better (though still cheap) models keep the temperature closer to what you set. Cheap ones can run too hot or too cold.
  • Timer Precision: A good timer stops heating exactly when you set it. Poor timers might burn your toast because they run long.

Quality Reducers (Things to Watch Out For)

  • Thin Glass Door: Very thin glass doors can crack or fail to seal properly, letting heat escape.
  • Weak Heating Elements: If the heating coils look very thin, they might burn out quickly.

User Experience and Use Cases

Think about how you will use the oven every day. This affects which cheap model you should choose.

The Daily User (Toast and Snacks)

If you mostly toast bread, reheat pizza slices, or cook frozen snacks, a small, simple model works perfectly. Focus on fast preheat times.

The Beginner Cook (Small Meals)

If you plan to bake small batches of cookies or roast vegetables, you need a model with decent temperature control. Look for one that fits a small 8×8 baking dish.

Safety First

Because cheap ovens sometimes lack good insulation, the outside gets very hot. Always place your toaster oven on a heat-safe surface. Keep flammable items far away from the sides and top.


10 FAQs About Buying the Cheapest Toaster Oven

Q: What is the smallest size I can expect?

A: The smallest usable toaster ovens usually hold four slices of bread or a small 7-inch personal pizza.

Q: Do cheap toaster ovens use a lot of electricity?

A: They generally use less electricity than a full-sized oven because they are smaller and heat up faster. They are efficient for small jobs.

Q: Are temperature settings on cheap models reliable?

A: Reliability varies. You must test the temperature with an oven thermometer. Many cheap models run 25 to 50 degrees higher than set.

Q: What is the most common complaint about budget toaster ovens?

A: The most common complaint is uneven toasting—one side of the bread burns while the other stays light.

Q: Should I look for a convection setting on a cheap oven?

A: Convection (a fan that circulates air) is rare in the absolute cheapest models. If you find one, it is a bonus, but not necessary for basic use.

Q: How do I clean a toaster oven without a non-stick interior?

A: You must use baking soda paste and hot water. Let it soak, and then gently scrub the interior walls and elements.

Q: What does the “stay on” feature mean?

A: Some models have a setting that keeps the oven running until you manually turn the timer off. This is useful for long baking jobs.

Q: Is stainless steel always better than painted metal?

A: Stainless steel resists rust better and looks newer longer. Painted metal is often cheaper but can scratch or chip easily.

Q: How long should a cheap toaster oven last?

A: With regular use (a few times a week), a well-made budget model should last two to four years before the heating elements start failing.

Q: Can I cook raw meat in a toaster oven?

A: Yes, you can cook small cuts of meat, like chicken breasts or fish fillets, provided the oven reaches the correct internal temperature to kill germs.