In an aspect, a compactable bicycle is provided, comprising a base frame portion and a steering structure. The base frame portion includes a seat tube and a head tube, a connecting tube connecting them and a rear frame portion that has a rear wheel mounted thereto. The steering structure includes a steering member rotatably mounted in the head tube, a handlebar, and a front wheel support having a front wheel connected thereto. The steering member includes first and second portions that are removably connectable together. The head tube includes first and second portions that hold the first and second steering member portions respectively. The second head tube portion is movable relative between a first position in which the first steering member portion is superjacent to the second steering member portion, and a second, stowage position.