Affordable Sofas Under $500 Stylish Picks That Won’t Break the Bank

Finding a sofa for under $500 that ticks all the boxes of comfort, durability, and style may seem like a tall order, but it’s entirely achievable. Whether you’re furnishing a new space or giving your living room a budget-friendly refresh, there are plenty of options available that look anything but cheap. Here are 12 sofas under $500 that offer both affordability and aesthetic appeal:

Novogratz Regal Futon Sofa

This Novogratz piece boasts a chic design with tufted back and winged arms. Its convertibility adds functionality, making it a versatile choice for any living space.

Brumback Upholstered Sofa

Featuring clean lines and tufted seat cushions, this budget-friendly sofa exudes sophistication. Available in gray or royal blue velvet upholstery, it offers a luxe look at an affordable price point.

Chloe Futon

With its rose-colored velvet material, the Chloe Futon brings a touch of elegance to any room. Its convertible design makes it perfect for both lounging and accommodating overnight guests.

Christopher Knight Bridie Mid-Century Modern Loveseat

This mid-century modern loveseat from Christopher Knight Home combines style with affordability. Its petite size and USB plugs make it ideal for small spaces.

Winston Porter Ibiza Sofa

A classic three-seater sofa with button-tufted back cushions, the Winston Porter Ibiza Sofa offers sophistication at an unbeatable price. Its neutral color complements any decor style.

Ashton Sleeper Sofa

Surprisingly, Pottery Barn offers a sleeper sofa under $500 with the Ashton Sleeper Sofa. It maintains the brand’s quality and aesthetic while catering to budget-conscious shoppers.

Red Barrel Studio Andrades Sofa

Featuring a coastal-inspired design, this sofa in neutral sand color effortlessly blends into any space. Its linen texture is easy to clean, perfect for busy households.

US Pride Mid-Century Sofa

For those seeking subdued hues, this mid-century sofa from Overstock is a great option. Pair it with a neutral rug for a cozy living space on a budget.

Monroe Sleeper Sofa

Another sleeper sofa under $500 from Pottery Barn, the Monroe Sleeper Sofa offers quality and style at a fraction of the price. It’s a practical choice for small spaces.

Lifestyle Solutions Lilith Sofa

Available at The Home Depot, this mid-century sofa offers both style and affordability. Upgrade your living room without breaking the bank with this chic option.

With these 12 affordable sofas under $500, you can elevate your living space without sacrificing style or breaking your budget. Whether you prefer classic designs or modern aesthetics, there’s a sofa for every taste and preference at an accessible price point.