Are you someone who likes to eat homemade baked goods, but hate how much time your regular oven takes to heat up and cook food and the hassle of cleaning it up after you’re done? Or are you the one who loves to make pizza, grill meat, or bake cookies for your family, but your small kitchen doesn’t allow you to have a large oven?

Whatever the case is, you need a toaster oven in your life!

A toaster oven can do pretty much all that your standard oven does (provided you have bought the right one), but costs a lot less and takes very little space on your countertop. A win-win situation, right? But, there are so many varieties of toaster ovens available on the market that it’s easier to get confused.

To help you cut through the clutter and get the best bang for your buck, we have done the research and have selected some of the best toaster ovens that offer high-functionality but are not heavy on your pocket. We have shortlisted some great toaster oven options for you that cost less than $100. Can you believe it? A toaster oven that can bake, toast, and broil under $100! Read on to discover our top picks and what they have to offer.

5 Best Toaster Ovens Under $100

Here are our top picks for the best affordable toaster ovens that cost less than $100:

1. Hamilton Beach Countertop Toaster Oven – 6 Slice, Convection 31123D, Silver

This toaster oven by Hamilton Beach has secured the first position on our list because it’s compact in size, yet spacious enough to easily fit a 12” pizza or 6 bread slices. It also offers safety and high convenience with its unique roll-top door. The oven’s door rolls back all the up, allowing you to easily put in and take out items from the oven when it is hot. This also makes cleaning the oven a lot easier than with a traditional style door and saves a lot of your counter space too.

It also features an adjustable rack – you can choose from two positions – and contoured control-knobs. The contoured design of the knobs provides a better grip and easier control. The bottom-most inside layer of the oven features a crumb tray to collect the bits and pieces of food that fall off while placing and removing the food from the oven. This makes cleaning the oven a breeze.

This model of Hamilton Beach countertop toaster oven allows you to bake, broil, and toast; all three basic functions of an oven. It also comes with a baking pan, so you can get started right away!

Simple design, compact size, sufficient cooking space, and less than $80 cost – it’s a steal!

The only issue that some users have reported with this toaster oven is that its fan gets a bit noisy when in the convection mode. However, this only happens when the oven is being preheated, which isn’t a big issue compared to all the useful features it offers.

2. Hamilton Beach 2-in-1 Countertop Oven and Long Slot Toaster – 31156

Hamilton Beach is one brand that you can blindly trust when it comes to functionality and convenience, and this is why our second choice for the best pocket-friendly toaster ovens also comes from the same brand. This 2-in-1 toaster oven is a super space saver – it has both a standard toaster oven and toaster combined into one compact countertop oven. The long-slot toaster on the top is not only highly convenient to use but also toast your bread slices 40% faster than standard toaster ovens.

The oven has a simple design and easy-to-use feature control with contoured knobs. You can switch between the two main cooking modes, i.e., toasting and cooking, just by sliding a lever. One of the control features that make this toaster oven stand out is the shade selector. It allows you to choose how well-toasted you want your bread slices to be. With Hamilton Beach’s 2-in-1 Countertop Toaster Oven, you can now have perfect toasts every day, just how you like them.

The oven also has the auto shut-off feature with a minute timer, allowing you to multitask while cooking or baking without keeping track of time. Its stay-on feature comes in handy when you have to cook/bake multiple batches or when you aren’t sure how much time your food will need in the oven.

The oven comes with a rack, bake pan, and removable crumb tray.

This countertop toaster oven is smaller than the one discussed above (on number 1). However, this is what makes it an ideal choice for people living in small spaces; studio apartments, dorms.

3.     Black + Decker Countertop Convection Toaster Oven – CTO6335S

With over 5,000 user reviews and labeled as Amazon’s Choice on the world’s largest e-commerce retailer’s website, this toaster oven by Black + Decker deserves a spot on our list of top five affordable toaster ovens. Black + Decker is a reliable name in the electronics, and you can trust them for providing you with high-quality appliances. But, this countertop toaster oven checks all the boxes for an ideal home appliance. It’s easy to use, compact in size, multi-functional, and low cost. What else do you want? However, Black + Decker doesn’t stop here – the company has taken ease-of-use and convenience to another level with a digital control panel and one-touch functions.

The toaster oven has eight buttons, allowing you to perform various functions and cook different items in the oven. You can bake, broil, toast breads and bagels, cook pizza, potatoes, cookies, and frozen snacks with just the click of a button.

As evident from the name, the oven is based on the convection heating mechanism, ensuring even and faster cooking. The deep curved interior provides enough space for a 12” pizza or 6 slices of bread.

The oven features a dual rack position. However, one model with three rack positions is also available with a slight price increase – for $91.35.

The oven is built with stainless steel and features a polished rust-free outer body.

To sum up, it wouldn’t be wrong to say that this Black and Decker convection toaster oven is a mini version of a standard oven. It lets you do almost everything, but takes a lot less space and cost way less than a regular kitchen oven. The only complaint that some people have with this toaster oven is that the writing on the control buttons is very small and is prone to fading with time.

4.     Toshiba AC25CEW-BS Digital Toaster Oven

Featuring a non-stick interior, easy-to-use control knobs, bright digital display, spacious interior, and nine preset functions – this toaster oven by Toshiba is a perfect option for those who don’t want to spend several hundred dollars on a kitchen oven. What makes this oven even more amazing and fit for students and amateur cooks is that it features nine preset functions for all your basic needs. The preset features in Toshiba’s digital toaster include toast, bake, broil, pizza, cookies, defrost, reheat, rotisserie, and keep warm.

Though the oven is compact, its interior is spacious enough to fit a 12” pizza, 6 slices of bread, and a 4lb. whole chicken. It also features a removable crumb tray and baking rack and comes with a rotisserie kit, rotisserie lifter, rack clamp, and a baking pan, so you get started right away and cook/bake like a pro. The 1500W output and convection fan ensure even and faster cooking, and the non-stick internal surface makes cleaning super easy.

5.     Betty Crocker Toaster Oven – BC-1664CB

A toaster oven with both toasting and baking functions for just $30? You can’t get a better deal than this for a toaster oven.

The oven has a temperature range of 105 to 480^o Fahrenheit, allowing you to cook pretty much everything. It features a simple, basic design,easy-to-use control knobs, and a 30-minute auto shut-off timer. It also features a removable crumb tray, which makes cleaning a lot easier, and comes with a rack and baking tray.

This Betty Croker’s toaster oven is lightweight and small in size (it can fit four bread slices), making it ideal for dorms and those living in very small spaces, such as studio apartments. It’s low cost also makes it a viable option for those who only bake once in a while.

Conclusion

A toaster oven can make your life a lot easier, so it’s worth having one. Get one from the ones discussed above to get the best value for your money. All of the options selected by us cost less than $100 and offer almost the same functionality as a regular oven. They are truly some of the best toaster ovens under $100 available out there.