Milwaukee · Updated August 2026
Milwaukee M18 FUEL 2723-20: price & specs
Milwaukee M18 FUEL 2723-20. Every price and spec below is linked to its source and dated — no guesses.
Source: milwaukeetool.com verified ✓ corroborated verify in ledger
The Milwaukee M18 FUEL 2723-20 is listed at $229 on milwaukeetool.com as of 2026-08-22, #4 cheapest of 9 wood routers (median $249); other retailers may be lower. It earns a Platinum Deskmark — 98/100 pay-blind standing, #1 of 8 in class.
Verified Aug 22, 2026 · figures linked to their source in the table below
- Best for Strong real-world cutting power under load; Excellent sightlines to the bit plus dual front LEDs.
- Skip if Battery makes the tool slightly top-heavy is a dealbreaker.
Price history
$229Is the Milwaukee M18 FUEL 2723-20 a good buy?
At $229, the Milwaukee M18 FUEL 2723-20 is #4 cheapest of the 9 wood routers we track, where the median is $249. On the spec sheet, its motor power hp of 1.25 is the lowest of the 5, its weight of 2.95 lb is below the median of the 8, and its voltage of 18 V is at the median of the 4.
Evidence of Record
Our data- Independent labsmeasured it
- 1
- Physical metricsrecorded
- 1
- Outlets on recordall tested
- 1
One independent lab measured this product across 1 physical metric — battery. These numbers rest on a single hands-on source so far.
Review consensus · sourced & dated
What reviewers say about the Milwaukee M18 FUEL 2723-20
One whitelisted tester, Pro Tool Reviews, published a hands-on review of this exact model (Milwaukee 2723). PTR scored it 9.7/10, calling it one of the strongest cordless routers tested with excellent sightlines to the bit, a pair of front LEDs, and precise 1/64-inch micro depth adjustments. Its CONS list reads 'No significant drawbacks,' with the only noted negative being mild battery top-heaviness that the reviewer says is common to every cordless router.
Based on 1 review · 1 lab-tested · 2021-02-25
Tested by Pro Tool Reviews
Consistently praised
- Strong real-world cutting power under load
- Excellent sightlines to the bit plus dual front LEDs
- Comfortable ergonomics and convenient variable speed dial
- Precise 1/64-inch micro depth adjustments and etched measurements
Commonly flagged
- Battery makes the tool slightly top-heavy
Where reviewers disagree Single-source review, so no cross-source comparison is possible. PTR explicitly lists 'no significant drawbacks,' leaving the only negative (slight top-heaviness) as a minor issue the reviewer notes is common to every cordless router.
The sources (1)
Weight with 5.0Ah battery: 4.63 pounds · Weight with 3.0Ah HO battery: 4.36 pounds
In terms of real-world cutting power, it translates well and is one of the strongest cordless routers we've tested.
We were really impressed with the power of this tool.
The battery does make it a little bit top-heavy, but that has been the case with every cordless router we've used so far.
Specifications
| Price (US) | $229 US MSRP $229.00 for the bare tool (tool only; battery and charger sold separately). MaxTool explicitly labels "MSRP $229.00" (current sale $209.00); Great Lakes Power Tools and Tool Nut both independently list a $229.00 regular price for the 2723-20 bare tool. |
|---|---|
| Brand | Milwaukee |
| Released | — |
| Power source | cordless |
| Motor power hp | 1.25 |
| Amperage (A) | — |
| Voltage (V) | 18 |
| Collet sizes (in) | 1/4 |
| Speed range (rpm) | 10000-31000 |
| Variable speed | Yes |
| Soft start | — |
| Base type | trim |
| Plunge stroke (in) | — |
| LED light | Yes |
| Weight (lb) | 2.95 |
Source: milwaukeetool.com (verified 2026-07-11) · corroborated by maxtool.com. The Milwaukee official product page (milwaukeetool.com) confirms this is the exact model 2723-20 "M18 FUEL Compact Router," stating the POWERSTATE brushless motor, the power of corded 1.25 horsepower trim routers, a variable-speed dial from 10,000 to 31,000 RPM, an included 1/4" collet, dual-LED lights, and an included fixed base (plunge/offset bases sold separately). MaxTool's spec table for the same 2723-20 bare tool corroborates verbatim — Volts 18, RPM 10000-31000, Weight 2.95 lbs, Power Cordless, Dual LED Yes, HP 1-1/4 — and lists an explicit "MSRP $229.00"; Great Lakes Power Tools and Tool Nut independently show the same $229.00 bare-tool price and 2.95 lb weight, and Way Source states "Generates 1.25 peak Horsepower." Model identity is confirmed by SKU 2723-20 / UPC 045242541010 across all pages, all noting it is sold as a bare tool (battery and charger not included).
Is the Milwaukee M18 FUEL 2723-20 worth it vs cheaper wood routers?
Milwaukee M18 FUEL 2723-20 against its closest cheaper and pricier wood routers on the specs that matter — every value sourced. See all 9 ranked
| Product | Price | Power source | Motor power hp | Voltage (V) | Collet sizes (in) | Speed range (rpm) |
|---|---|---|---|---|---|---|
| Milwaukee M18 FUEL 2723-20 this | $229 | cordless | 1.25 | 18 | 1/4 | 10000-31000 |
| Makita XTR01Z | $219 | cordless | — | 18 | 1/4, 3/8 | 10000-30000 |
| DeWalt DWP611PK | $249 | corded | 1.25 | — | 1/4 | 16000-27000 |
Frequently asked questions
What do reviewers say about the Milwaukee M18 FUEL 2723-20?
One whitelisted tester, Pro Tool Reviews, published a hands-on review of this exact model (Milwaukee 2723). PTR scored it 9.7/10, calling it one of the strongest cordless routers tested with excellent sightlines to the bit, a pair of front LEDs, and precise 1/64-inch micro depth adjustments. Its CONS list reads 'No significant drawbacks,' with the only noted negative being mild battery top-heaviness that the reviewer says is common to every cordless router. Praised: Strong real-world cutting power under load; Excellent sightlines to the bit plus dual front LEDs; Comfortable ergonomics and convenient variable speed dial; Precise 1/64-inch micro depth adjustments and etched measurements. Flagged: Battery makes the tool slightly top-heavy. (From 1 tester review, 1 lab-tested.)
How much does the Milwaukee M18 FUEL 2723-20 cost?
The Milwaukee M18 FUEL 2723-20 has a US price of $229 (US MSRP $229.00 for the bare tool (tool only; battery and charger sold separately). MaxTool explicitly labels "MSRP $229.00" (current sale $209.00); Great Lakes Power Tools and Tool Nut both independently list a $229.00 regular price for the 2723-20 bare tool.), as of 2026-07-11.
How does the Milwaukee M18 FUEL 2723-20 compare on price?
At $229, the Milwaukee M18 FUEL 2723-20 is #4 cheapest of the 9 wood routers we track, where the median is $249.
Has the Milwaukee M18 FUEL 2723-20's price changed?
No — the Milwaukee M18 FUEL 2723-20 has held at $229 since 2026-07-25.
What is the lowest price the Milwaukee M18 FUEL 2723-20 has been?
The lowest we have recorded for the Milwaukee M18 FUEL 2723-20 is $209 on 2026-07-27.
Is now a good time to buy the Milwaukee M18 FUEL 2723-20?
The Milwaukee M18 FUEL 2723-20 is currently $229; the lowest we have recorded is $209 (2026-07-27). Every price is dated, so you can judge it against its own history.
What are the Milwaukee M18 FUEL 2723-20's key specs?
Milwaukee M18 FUEL 2723-20 (Milwaukee): powerSource cordless, motorPowerHp 1.25, voltageV 18, colletSizesIn 1/4, speedRangeRpm 10000-31000. Full sourced spec sheet verified 2026-07-11.
Price of record: $229 at milwaukeetool.com, 2026-08-22. Other retailers may be lower — check the current price:
See Milwaukee M18 FUEL 2723-20 on Amazon As an Amazon Associate we earn from qualifying purchases.Similar wood routers
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