7 Best Cordless Drills Under $150 That Pros Actually Use

Shopping for a cordless drill can be both exciting and confusing. With a wide range of options on the market, features like voltage ratings, battery life, torque, and ergonomic design can feel overwhelming. Even more challenging is finding a powerful and reliable drill without breaking the bank. To help you out, we’ve compiled a comprehensive list of seven fantastic cordless drills under $150 that professionals trust for everyday use. In this in-depth guide, we’ll explore what makes these drills stand out, what key features to watch for, and how to choose the right tool for your needs.

Why Pros Still Care About “Budget-Friendly” Drills

You might be wondering: why would a professional tradesperson, contractor, or experienced DIY enthusiast choose a cordless drill that’s under $150? Isn’t it better to simply opt for the priciest top-tier models on the market?

1. Affordability Without Sacrificing Performance
   Modern manufacturing and competitive pricing mean you can snag a high-performing drill for less than $150. Professionals look for the best value for their money and often keep multiple drills on hand for different tasks.
2. Portability & Convenience
   Today’s budget-friendly drills often boast advanced lithium-ion battery technology and lightweight construction. If you’re moving around a jobsite or tackling overhead tasks, a lighter drill can be a blessing—even if it’s not the most expensive model.
3. Backup or Secondary Drill
   Even if a pro owns a premium flagship drill, having a reliable secondary drill for simpler tasks is a huge advantage. It’s efficient to grab a smaller, lighter drill for everyday tasks instead of using the same heavy-duty tool for every project.
4. Specialized Uses
   Certain professionals—like carpenters, electricians, or HVAC specialists—sometimes need a more compact or specialized drill for tight spaces. Cheaper units are often more compact, with fewer unnecessary bells and whistles.

So, if you’re a beginner or an experienced pro looking to add to your tool arsenal, read on for the seven cordless drills that combine affordability and reliability under $150.

1. DEWALT DCD771C2 20V MAX

Approximate Price: $99–$120 (depending on sales and promotions)
Key Features:

• Voltage: 20V MAX
• Chuck Size: 1/2 inch
• Two 20V lithium-ion batteries included (1.3 Ah)
• Ergonomic handle for better grip
• 300 UWO (Unit Watts Out) for robust performance

Why Pros Love It

• Brand Reputation: DEWALT has long been a go-to brand for construction professionals. Their 20V lineup is particularly popular for durability and battery interchangeability among other DEWALT tools.
• Ample Power: With 300 UWO, it’s quite capable for drilling through wood, metal, and masonry (with the right bits).
• Two Batteries: You can work almost non-stop by swapping batteries as you go. This is critical for busy job sites or extended DIY projects.

Potential Drawbacks

• Battery Capacity: At 1.3Ah, the included batteries are on the smaller side. Although you get two, they may not last as long on single charges during particularly heavy tasks.
• Size and Weight: While not overly bulky, this drill may feel slightly heavier compared to some compact models.

2. BLACK+DECKER LD120VA 20V MAX

Approximate Price: $60–$80
Key Features:

• Voltage: 20V
• Chuck Size: 3/8 inch
• 24-position clutch
• Includes 30-piece accessory kit
• Max Torque: ~115 in-lbs

Why Pros Love It

• Value-Oriented: BLACK+DECKER often shines in the budget tool space. This model includes a handy 30-piece accessory set that helps you start a project right out of the box.
• Decent Power for Light-to-Medium Tasks: Though it doesn’t match premium drill torque specs, it’s more than enough for small woodworking, basic home improvement, and everyday tasks.
• Great for Beginners or as a Backup: It’s lightweight and very user-friendly, making it perfect for first-time users or as a backup drill in a pro’s toolkit.

Potential Drawbacks

• Durability Over Time: Heavier professional use may stress the motor and other components if used constantly on demanding jobs.
• Lower Torque: It’s not designed for very heavy-duty applications.

3. Bosch PS31-2A 12V Max

Approximate Price: $99–$130
Key Features:

• Voltage: 12V Max
• Chuck Size: 3/8 inch
• Two-speed transmission (0-350 RPM / 0-1,300 RPM)
• Ultra-compact and lightweight design (around 2 lbs)
• Two 12V lithium-ion batteries included

Why Pros Love It

• Compact Design: Bosch’s PS31-2A is renowned for its small footprint and light weight, which makes it ideal for overhead or tight-space work. It’s especially favored by electricians, cabinet installers, and HVAC pros who need maneuverability.
• Surprising Power: Despite being only 12V, it has respectable torque for most drilling and driving tasks in wood, metal, and plastic.
• Professional-Grade Feel: Bosch’s build quality is often praised; the grip, balance, and trigger sensitivity reflect a well-engineered drill.

Potential Drawbacks

• Limited Heavy-Duty Capabilities: For tasks like drilling large diameter holes in thick steel or masonry, you might find the 12V system lacks the oomph you need.
• Battery Life: Though the included two batteries help, 12V cells have shorter run times than their 18V or 20V counterparts.

4. Milwaukee M12 2407-22

Approximate Price: $99–$140
Key Features:

• Voltage: 12V
• Chuck Size: 3/8 inch metal ratcheting chuck
• 275 in-lbs of torque
• Two M12 batteries, charger, and carrying case included
• All-metal gear housing

Why Pros Love It

• Superior Build Quality: Milwaukee tools are often highly regarded for professional use. The M12 system is known for reliability, and the 2407-22 kit’s metal components add to its durability.
• Excellent Power-to-Size Ratio: At 275 in-lbs of torque, this cordless drill packs a punch, especially given its compact form factor.
• User Comfort: The handle ergonomics, light weight, and balanced feel make it a joy to use for extended periods.

Potential Drawbacks

• Battery Life and Voltage: Like most 12V systems, this can’t replace a heavy-duty 18V or 20V drill for the toughest tasks.
• Price for a 12V Tool: You may find some 18V or 20V options at comparable price points, which could offer more torque if you need raw power.

5. RYOBI P215K 18V ONE+

Approximate Price: $70–$90 (often sold as a kit)
Key Features:

• Voltage: 18V
• Chuck Size: 1/2 inch
• 24-position clutch and 2-speed gearbox
• ONE+ system compatible (batteries interchangeable with over 175+ RYOBI tools)
• ~500 in-lbs of torque

Why Pros Love It

• High Torque for the Price: At up to ~500 in-lbs of torque, the P215K can handle a surprising range of drilling and driving tasks, including deck building and general carpentry.
• Comprehensive Battery Ecosystem: RYOBI’s ONE+ line is extremely popular among DIYers, hobbyists, and even professionals for ancillary or backup tools. Batteries are interchangeable with a huge variety of RYOBI tools.
• Durability & Brand Recognition: Although historically labeled as a “consumer brand,” RYOBI has gained a lot of respect from pros looking for bang-for-your-buck performance.

Potential Drawbacks

• Heavier Build: Some may find it slightly heavy compared to smaller 12V drills.
• Less Premium Feel: RYOBI tools use more plastic in the build than some pro-focused brands like Milwaukee or DEWALT.

6. PORTER-CABLE PCCK600LB 20V MAX

Approximate Price: $110–$140
Key Features:

• Voltage: 20V MAX
• Chuck Size: 1/2 inch metal ratcheting chuck
• Two lithium-ion batteries (1.5Ah) included
• 330 UWO
• Built-in LED work light

Why Pros Love It

• Powerful UWO Rating: With 330 UWO (Unit Watts Out), this PORTER-CABLE drill is capable of handling tough jobs such as framing, deck building, and more.
• Metal Ratcheting Chuck: This premium feature ensures a better bit grip and reduced slippage.
• Professional Features at a Lower Cost: The kit includes two batteries and a sturdy carrying case, giving you more for your money.

Potential Drawbacks

• Battery Ah Rating: The included 1.5Ah batteries might not last as long for marathon drilling sessions. Upgrading to larger-capacity batteries can be costly.
• Size: This is not the most compact drill, so it can be challenging in tight spaces.

7. CRAFTSMAN CMCD700C1 V20

Approximate Price: $70–$100
Key Features:

• Voltage: 20V
• Chuck Size: 1/2 inch
• Includes one 20V lithium-ion battery (1.3Ah)
• 280 UWO
• LED work light

Why Pros Love It

• Reliable Performance: Craftsman is a classic American brand with a reputation for sturdy, no-frills tools. The V20 platform is well-suited for most homeowner and light professional tasks.
• Comfortable Ergonomics: The handle design and overall balance help reduce fatigue.
• Versatility: Similar to other brands, Craftsman’s V20 battery system is compatible with various other Craftsman cordless tools.

Potential Drawbacks

• One Battery in Basic Kit: Unlike some competitors that provide two batteries, you only get one in many CMCD700C1 bundles.
• Not for Very Heavy-Duty Use: With 280 UWO, it’s powerful enough for day-to-day tasks but may struggle with tougher drilling in thick metal or hardwoods.

How to Choose the Right Cordless Drill Under $150

Picking the best cordless drill involves more than just looking at the price tag. Here are some essential considerations:

1. Power and Torque
   • Higher voltage typically means more power, but modern 12V drills can surprise you with solid torque. Identify what you’ll be drilling into most often—softwood, hardwood, metal, or masonry—and pick accordingly.
2. Battery Life and Capacity (Ah)
   • A 1.3Ah or 1.5Ah battery can quickly drain if you’re drilling dozens of holes in thick materials. If you plan on heavy use, consider buying extra batteries or a drill kit that provides two.
3. Chuck Size and Quality
   • A 1/2-inch chuck accommodates larger drill bits compared to a 3/8-inch chuck. For professional use, a 1/2-inch metal ratcheting chuck often provides better grip and durability.
4. Comfort and Ergonomics
   • Pay attention to the handle design, trigger response, and weight distribution. Fatigue is a real issue on a busy job site or a long DIY project.
5. Brand Ecosystem
   • If you already own tools in a specific brand’s battery line, sticking with that brand can save you money and hassle. Battery interchangeability is incredibly convenient.
6. Accessories and Warranty
   • Many kits come with extra bits, cases, or two batteries. Also, confirm the warranty to ensure peace of mind if a component breaks.

Frequently Asked Questions

Q1: Can these drills handle masonry or concrete?

Most drills listed here are “drill drivers,” not dedicated hammer drills. While some, especially the higher-torque 18V or 20V models, can tackle light masonry or brick with the right drill bit, you’ll need a dedicated hammer drill or rotary hammer for intensive concrete projects.

Q2: How do I maintain my cordless drill for longevity?

• Keep Batteries Charged: Store lithium-ion batteries in a partially charged state if you won’t be using them for an extended period.
• Clean and Inspect: After each use, wipe down the drill and check for any dust or debris in vents.
• Avoid Overheating: Give your drill breaks during heavy use. Overheating can damage internal components.

Q3: Is brushless technology available under $150?

Sometimes you can find promotions on brushless drills in this price range, especially from RYOBI, CRAFTSMAN, or other brands during sales. Brushless motors are generally more efficient and durable, but they can command a higher price tag.

Q4: How accurate are the torque and power specifications?

Manufacturers use different rating systems (in-lbs, Unit Watts Out, etc.) to express power. These numbers are helpful for comparison, but real-world performance depends on the quality of the tool’s motor, gearbox, and electronics. Always check independent reviews for deeper insights.

Q5: What other accessories should I consider?

• Extra Battery Packs: If you’re a pro or a frequent DIYer, an extra battery is essential for continuous workflow.
• Quality Drill Bits: Inexpensive bits can dull quickly and diminish performance. Investing in a good set of bits designed for the materials you’ll be working on is crucial.
• Carrying Case or Tool Bag: Some kits include one. If not, a sturdy bag or case helps protect your drill from dust and damage.

Pro Tips for Maximizing Your Cordless Drill Investment

1. Use the Clutch Settings Wisely
   • Every drill features adjustable clutch settings or torque settings. Matching the clutch to the material and screw size prevents overdriving and helps prolong the life of the motor.
2. Master the Speeds
   • Many drills have two-speed gearboxes. Low speed (0-400/500 RPM) is better for driving screws with higher torque needs, while high speed (0-1500/2000 RPM) is ideal for faster drilling in softer materials.
3. Invest in Quality Bits and Attachments
   • High-quality bits make drilling smoother and faster. If you plan to drive many screws, consider a bit holder or an impact-rated set.
4. Match the Bit to the Task
   • Use the right type of bit for the material—wood bits for wood, masonry bits for brick or concrete, and metal bits for steel or aluminum.
5. Store Properly and Rotate Batteries
   • Keep batteries at moderate temperatures and rotate usage to ensure even wear. Prolonged exposure to extreme heat or cold can reduce a battery’s lifespan.
6. Consider a Tool Combo Kit
   • Some manufacturers sell combo kits (drill + impact driver + batteries + charger) for just over $150. If you have a bit more budget, a combo kit can be a smart way to expand your tool collection cost-effectively.

Conclusion

A powerful, reliable cordless drill doesn’t have to set you back hundreds of dollars. Brands like DEWALT, BLACK+DECKER, Bosch, Milwaukee, RYOBI, PORTER-CABLE, and Craftsman have excellent offerings under $150 that professionals genuinely use for everyday tasks. Each model on this list brings a unique combination of power, convenience, and features to the table.

• Need Maximum Bang for the Buck? BLACK+DECKER LD120VA or RYOBI P215K might be your top picks.
• Seeking Compact Convenience? Bosch PS31-2A or Milwaukee M12 2407-22 are both stellar in tight or overhead spaces.
• Looking for a Solid Mid-Range Professional Drill? DEWALT DCD771C2, PORTER-CABLE PCCK600LB, or CRAFTSMAN CMCD700C1 could be ideal.

Ultimately, your choice hinges on the tasks at hand and your brand ecosystem preference. Whether you’re building a deck, installing cabinets, or doing small repairs around the house, each of these cordless drills can power through everyday jobs without blowing your budget. Now that you’re armed with the knowledge to pick the right tool, you can confidently invest in a cordless drill that will serve you well, project after project—all for under $150!