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)

Price Available Check Current Price

View On Amazon

See All Features

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 a number of high quality 2-Speed Drill Presses. We were surprised how many high quality tools available to choose. The tool that really rose to the top of the bunch was the DEWALT DWE1622K Magnetic Drill Press.

Both experts and beginners alike can get projects done with the DWE1622K by DEWALT. This Magnetic Drill Press offers many fantastic features. This Magnetic Drill Press is a fantastic tool for the work place and also for home use.

The DEWALT DWE1622K is produced with premium workmanship. DEWALT has really earned it's track record as a top Drill Press manufacturer.

The DWE1622K Magnetic Drill Press by DEWALT is a terrific deal as well. This Magnetic Drill Press costs only $779.00. The retail price is most likely among the reasons it's so in demand. That price is really inexpensive considering the features of the tool.

The DEWALT DWE1622K is top reviewed as well. The DWE1622K Magnetic Drill Press has been reviewed on Amazon 145 times. Real end users have given the tool an average star rating of 4.6 out of 5 stars. It's clear that the majority of customers who have had the opportunity to use the DEWALT DWE1622K are highly satisfied with the tool.

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)

Price Available

Check Current Price

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.

It's true that the Dewalt DWE1622K Magnetic Drill Press B00N3HSVXK was the 2-Speed Drill Presses that we ranked the highest. That being said, there are several other really great selections when it comes to 2-Speed Drill Presses. We have them for you here.

Next up is manufactured by Milwaukee known to be a very respectable tool supplier. Milwaukee's Magnetic Drill Presses are great as well. I was ready to try the model 4272-21 and I was not disappointed!

The model 4272-21 Magnetic Drill Press by Milwaukee, at $ is an especially great Drill Press for the money. The Milwaukee 4272-21 is truly a solid option. Of you are not sure about our top choice, I'd advise to go with this Drill Press.

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

We found a few more great 2-Speed Drill Presses available. Listed below are several to pick from if the options above might not meet your needs. We found a number of great choices available to buy. The Drill Presses we graded above are the best of the best. That being said, the Drill Presses below deliver several distinct features on top of the fact that they are all top ranked 2-Speed Drill Presses.