Best 2-Speed Drill Presses 2026

Editor's Choice

Our #1 Pick For 2-Speed Drill Presses

1. DEWALT DWE1622K Magnetic Drill Press

(145 Points)

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Editor's Review

This is a really nice Magnetic Drill Press for the money. Has many features that make my job easier. I spent almost no time setting the Magnetic Drill Press up. So far this Magnetic Drill Press has been great. I can't express how much I love DEWALT tools!

We analyzed dozens of top quality 2-Speed Drill Presses. We were surprised at the number of quality tools there were to go with. The DEWALT DWE1622K was our favorite 2-Speed Drill Presses available today.

The DEWALT DWE1622K Magnetic Drill Press is the ideal product for both contractors and hobbyists. Users will not be let down by the features this Magnetic Drill Press offers. It is a terrific tool for work and also for home improvement.

The design on the DEWALT DWE1622K is astounding. DEWALT holds it's credibility as a top rated Drill Press manufacturer.

The DEWALT DWE1622K is additionally a surprisingly reasonably priced Drill Press. It is priced at just $779.00. It's really impressive that DEWALT has the ability to offer these Magnetic Drill Presses at the price listed. That price is surprisingly inexpensive factoring in the craftsmanship of this Magnetic Drill Press.

The DWE1622K by DEWALT is also highly rated. The DEWALT DWE1622K has been rated on Amazon 145 times. The average score is 4.6 out of 5 stars. This shows clearly that most of the consumers who have had the opportunity to use the DEWALT DWE1622K are really satisfied.

Full DEWALT DWE1622K Review

DEWALT DWE1622K Features & Specs

10 amp motor, 2-speed settingsl ;No Load Speed : 300/450 rpm
Overload protection electronics which prevent motor damage
Quick Change chuck system. Drillpoint Pressure @ 1/2" Steel Plate (12mm) : 741 pounds
Magnetic coolant bottle can be placed on either side of tool or on a work surface
4-3/8 inch Drill travel offers maximum capacity for heavy duty applications

People's Choice

These Are Some Of The Highest Rated 2-Speed Drill Presses Available Today

2. Milwaukee 4272-21 Magnetic Drill Press

(5 Points)

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VIEW ON AMAZON

Aesthetically it looks amazing. This is a hobby quality Magnetic Drill Press. The on/off switch is large and placed well. Great Magnetic Drill Press for the money. The paint looks great right out of the box.

The Dewalt DWE1622K Magnetic Drill Press B00N3HSVXK was definitely our preferred 2-Speed Drill Presses. That doesn't mean there aren't several other really great alternatives when it comes to 2-Speed Drill Presses. We have a breakdown of them here.

Milwaukee is an additional top producer of Drill Presses. They make the tool next on our lineup. Milwaukee's Magnetic Drill Presses are among their premier products. I was excited to try out the model 4272-21 and I was not let down!

The Milwaukee 4272-21 Magnetic Drill Press, at $ is a particularly great Drill Press for the money. If you unsure about our top choice, I'd look into the Milwaukee 4272-21 next. It's a first class tool at a terrific price.

Full Milwaukee 4272-21 Review

Milwaukee 4272-21 Features

Powerful 13 amp motor

Capacity to cut up to 1-5/8 in. diameter holes

2 Speed gearbox 475/730 RPM

Tool can be adjusted tool-free between annular cutters at 475RPM and twist drill bits at 730 RPM.

Tool free motor head adjustment

Honorable Mentions

If you are thinking that the 2-Speed Drill Presses we rated above fail to cut it, we rated several other options that may likely fit you better. We identified numerous fantastic Drill Presses throughout our review. The Drill Presses we graded above are the best we could find. That doesn't mean there aren't several additional great 2-Speed Drill Presses.