Best Cordless Drills Under $150

Whether you are a construction professional or a keen DIY enthusiast who is hoping to carry out some renovation work or repairs around the home, finding a cordless drill to add to your toolkit is essential. This important piece of equipment is a key item to add to your collection since it makes short work of tasks that would be very laborious when carried out with a manual drill.

Another benefit of a cordless drill is that it can be used at some distance from a power source, making it extremely convenient for tasks around the home or yard. While some cordless drills can prove to be prohibitively expensive, and well out of the reach of handymen on a budget, there are plenty of excellent models available for purchase that are affordable and yet which boast lots of impressive features.

If you are looking for the best cordless drill under $150, we have compiled a selection of the top five performing tools on the market today. We have done all the hard work of outlining their features and specifications so that you can quickly and easily see at a glance which is the best drill to meet your individual requirements.


Dewalt DCD771C2 20V MAX Cordless Lithium-Ion 1/2 inch Compact Drill Driver Kit

This lightweight and compact cordless drill is ideal for use in compact spaces and its high performance motor is able to deliver 300 w of power for accomplishing a broad range of tasks.

Thanks to the high speed transmission, this tool is capable of delivering two speeds (1500 RPM and 0-450 RPM) which gives it extra versatility in its drilling and fastening applications while it 0.5″ single sleeve ratcheting chuck ensures a tighter bit gripping strength.

This tool has been designed with an ergonomic handle for better user control and comfort even during extended periods of use and as it is lightweight it will not cause excessive user fatigue. Made by one of the top performing tool manufacturer’s, this cordless lithium ion drill will give you years of use thanks to its high quality construction.


  • Lightweight and compact design for fitting into small spaces
  • Ergonomically designed handle for better user control and comfort
  • Choice of 2 speeds for a range of drilling and fastening applications



  • Does not come with a bit holder or bits
  • Heavier than some of its competitors



PORTER-CABLE PCC606LA 20-Volt 1/2-Inch Lithium-Ion Drill/Driver Kit (One Battery)

From the popular and well known Porter-Cable brand, this 20 V 1/2″ drill/driver kit comes complete with a four hour charger and battery for extra convenience as well as a double ended bit tip. With its high performance motor, this drill is capable of accomplishing a broad spectrum of tasks while the 1/2″ all metal ratcheting chuck ensures that the bit will not slip during use.

Thanks to the integrated LED work light, dark work spaces are effectively illuminated for greater accuracy and convenience, and this model also features a battery fuel gauge so the user can see at a glance how much charge remains.

Ideal for drilling through wood and metal as well as for completing fastening applications, this tool does not compromise on power of speed thanks to its 2 speed gear box. It is also very lightweight at just 3.5 lbs meaning that it is more comfortable for the user to control for extended periods.

Its ergonomically designed slim handle also improves user control and reduces fatigue throughout use. This model also features rubber bumpers to each side which help to effectively protect the drill from any excess wear and tear to prolong its lifespan, and the inclusive belt clip allows for easier tool access at any time.


  • Lightweight at just 3.5 lbs
  • Rubber bumpers protect again wear and tear for a longer lifespan
  • All metal ratcheting chuck protects against bit slippage during use



  • No on/off switch for the light
  • Battery life is not as long as with some other models



Black & Decker BDCDMT120 20-Volt MAX Lithium-Ion Matrix Cordless Drill

This cordless drill from Black and Decker features an innovative Matrix Quick Connect System allowing the user to add on a range of heads to accomplish a variety of applications and tasks without the need for any extra tools or equipment.

Thanks to the 20 v max motor, this tool is powerful enough to take on all kinds of jobs while the lithium ion battery can hold a charge for up to 18 months meaning that it is always ready for use. Its lightweight and compact design means that it can be used in even the tightest of spaces while still being easy to use without causing any excess user fatigue.

This model features 10 different clutch settings as well as a 3/8″ chuck size which can last for 8 hours of work. This tool is suitable for use on drilling tasks involving materials like plastic, metal and wood, and thanks to its modular capability, accessories and tools can be mixed and matched to suit a range of jobs. This tool comes complete with a 20 volt max base power unit, a drill driver attachment, a lithium ion battery, a double ended bit tip and a 20 volt max charger.


  • Matric Quick Connect System for tool-free head changes
  • Battery can hold its charge for 18 months
  • 10 different clutch settings



  • Only suited to light duty use
  • Slower battery charging than some other models


Hitachi (rebranded to Metabo HPT) DS18DGL 18-Volt Cordless Lithium-Ion 1/2 Inch Compact Drill Driver Kit (Lifetime Tool Warranty)

This cordless lithium ion drill is covered by the manufacturer’s lifetime warranty for complete peace of mind for the purchaser.

Offering fade free power and a lower weight for easier use, this tool can provide a powerful 400 in/lbs of torque to handle even the toughest of jobs, and it is compact enough to use in even tight spaces for extra convenience.

Thanks to the 2 speed gear setting, it is easier than ever to choose the right speed to match each task while the 22+1 stage clutch is capable of delivering 22 torque settings as well as a drill mode for optimal control and precision. The integrated LED light efficiently illuminates dark work surfaces for increased accuracy while the 1/2″ keyless ratcheting chuck makes bit replacements quick and easy. Ideal for all kinds of driving and drilling tasks, this affordable tool has an ergonomic design for extra balance and impressive comfort for the user, even during extended work periods. NOTE: Hitachi tools is now Metabo HPT


  • Fade free power and lightweight construction
  • 2 speed gear setting
  • 1/2″ keyless ratcheting chuck for quick and simple bit replacements



  • No delay on light
  • Battery life is not as long as some other models



Bosch DDB181-02 18-Volt Lithium-Ion 1/2-Inch Compact Tough Drill/Driver Kit with 2 Batteries, Charger and Contractor Bag

This drill-driver kit from Bosch is compact for use in even the tightest of spaces and as it is lightweight it causes less user fatigue even during extended use. Offering 350 in/lbs of torque, this tool is ideal for powerful fastening tasks, and as it operates at 1300 RPM, it ensures rapid drilling.

The integrated LED light gives excellent illumination when working in dark areas for improved accuracy while the two speed transmission ensures optimal speed and torque for drilling and screw driving.

Offering affordable yet professional power in one compact package, this drill/driver kit can even be used for overhead applications thanks to its lightweight construction, while its electronic cell protection ensures a long lifespan for the 2 inclusive 18 volt SlimPack batteries.

This model also features a variable speed trigger which gives even better flexibility and control to match the most appropriate speed to the task at hand, and thanks to the Durashield housing, this is a robust and durable tool that can cope well with the rigors of the jobsite.


  • Variable speed trigger for greater flexibility of use
  • Durashield housing for increased durability
  • Integrated LED light for better visibility



  • Clutch ring can be tricky to adjust
  • Does not come with a hard case


Scroll to Top