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 researched dozens of quality 2-Speed Drill Presses. We were surprised how many premium options there were to go with. The tool that really rose to the top of the bunch was the DEWALT DWE1622K Magnetic Drill Press.

Both professionals and amateurs alike can enjoy the DEWALT DWE1622K. This Magnetic Drill Press offers several fantastic features. This Magnetic Drill Press is great for use at home and on the job site.

The DEWALT DWE1622K is produced with premium workmanship. There's a reason why DEWALT has reputation as a premier Drill Press supplier.

The DEWALT DWE1622K Magnetic Drill Press is also a great deal. This Magnetic Drill Press costs just $779.00. The retail price is probably one of the reasons for the tool's popularity. That is very inexpensive keeping in mind the craftsmanship of this tool.

The DWE1622K by DEWALT is top reviewed as well. The DWE1622K Magnetic Drill Press has been reviewed on Amazon 145 times. Real end users report an average score of 4.6 out of 5 stars. This shows clearly that most of the users who have purchased 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.

The Dewalt DWE1622K Magnetic Drill Press B00N3HSVXK was really our preferred 2-Speed Drill Presses. That being said, there are a number of other fantastic alternatives when it comes to 2-Speed Drill Presses. We have the best of them in this article.

Next on our list is manufactured by Milwaukee known to be a very reputable tool manufacturer. Milwaukee's Magnetic Drill Presses are one of their top products. I was eager to try out the model 4272-21 and I was not disappointed!

The model 4272-21 Magnetic Drill Press by Milwaukee, at $ is a particularly exceptional Drill Press for the price. The Milwaukee 4272-21 is truly a solid alternative. Of you are not sure about our top selection, I'd advise to opt for 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

If the 2-Speed Drill Presses mentioned above fail to cut it, we rated a variety of other options that may better fit your needs. We identified several fantastic Drill Presses throughout our investigation. The Drill Presses we ranked above are the best we could find. Read on however. We listed several more great 2-Speed Drill Presses.