Need a sofa but on a budget? We found 10 super stylish sofas under $500 that we think you’ll love!

Whether you’re looking to upgrade your apartment living room or want to add seating space to another room in your home, there are plenty of sofa options available to you. But, let’s face it, sofas can be expensive. While we always recommend investing in high-quality furniture that will last a long time, we know that sometimes it’s just not in the budget. Plus there are so many quality pieces out there that won’t cost you your entire rent!

That’s why we’ve compiled 10 stylish sofas for small spaces that won’t break the bank. All of these options are under $500 and are sure to add both function and flair to your home. When you’re ready to invest a little more you can splurge on the best of the best. But for now, here are 10 stylish sofas under $500 that don’t skimp on comfort or style!

10 Fabulous Apartment Sofas Under $500

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Modern Sofa Bed Convertible Sleeper ($469)

Experience luxury and comfort with this Modern Futon Sofa Bed. This apartment-sized sofa features a sleek design with adjustable armrests and back, velvet upholstery, solid wood legs, brass rivets, and memory foam seat cushions, providing both comfort and support. Its sturdy frame ensures durability, and the price is just right! Get ready to indulge in the ultimate relaxation experience with this stylish futon sofa bed!

Sawyer Mid-century Modern 3-seat Sofa ($444)

Elegance and comfort come together to create the perfect endnote for your living room. From its upholstery to its tapered wood legs, The Sawyer three-seater sofa offers your home a mid-century modern upgrade. This sofa measures 71.25″ W x 32.75″ D x 33.5″ H.

Dark Grey, 3-Seater Solid Wood Sofa ($399)

Upgrade your lounge space with this cozy and versatile sofa under $500. The firm cushions and solid wood frame and legs provide long-lasting stability. With the added bonus of storage, this sectional sofa helps keep your small living room organized. And best of all, you can enjoy all these features at a lower price than other sellers offer.

Atley Square Arm Modern Linen Sofa ($475)

The sleek and sumptuous design of this charming apartment-sized sofa is sure to make a  statement in your living room! Every detail has been carefully considered, from the hand-stitched corded edges to the lofted legs, to create a piece of furniture that is both stylish and comfortable. The solid wooden frame ensures stability and durability, while the matte black legs add an extra touch of sophistication. You’ll sink into the soft foam padding and linen-blend upholstery, ensuring maximum comfort during those fun movie nights! With dimensions 70″ wide x 32″ depth x 33.5″ height, this sofa is perfect for small spaces.

Modern PU Leather Sofa With 3 Adjustable Positions ($449)

If you’re looking for an affordable leather sofa under $500, this PU Leather sofa is one to consider. Made with spring coils to provide a comfortable seating experience, and hardwood legs for a stable base. This versatile sofa easily converts into three adjustable positions: a recliner, a sleeper, or a loveseat, making it perfect for any modern living space. Cleaning is a breeze with this piece, and wiping off spills or stains leaves no trace behind. At this price point, this is a lucky gem!

Bernice Mid-century Modern Petite Sofa ($464)

Sit comfortably in this gorgeous mid-century modern petite loveseat sofa that’s ideal for small living rooms or a small home office. The soft polyester upholstery is filled with plush foam, and it comes in Blue and Grey so you can choose one that suits your style and decor. Add a few throw pillows to upgrade your living room in no time. Dimensions: 67.25” W x 30.50” D x 32.75” H.

Davies Traditional 3-Seater Sofa by Christopher Knight Home ($494)

The Davies sofa is modern and neutral enough to blend with most interiors. Constructed with a plywood and larchwood frame for excellent durability, and the 100-percent polyester fabric adds elegant detailing. Semi-firm, polyester-filled removable cushions provide incredible comfort, and the dark brown leg color imparts a classy touch. You can never go wrong with a grey sofa! Add a few throw pillows to complete the look.

Jarenie L-Shape Convertible Sectional Sofas ($497)

If your heart longs for a Sectional Sofa try the Jarenie L-Shape sofa for under $500! The soft cushions allow for a natural posture while providing plenty of space for family and friends. This sofa is easy to clean and features removable covers, and a convertible ottoman, giving you the freedom to create your desired seating arrangement. Who doesn’t love a modular sofa? Available in four colors – Beige, Charcoal, Grey, or Black – so you can choose one that best suits your decor! Overall size: 79.53″W x 52.76″D x 34.25″H.

Bellona USA Sleeper Sofa-in-a-Box with Storage (On Sale $375)

Maximize function and style in your small spaces with this multi-functional storage sleeper sofa-in-a-box! The sturdy metal frame and foam filling offer a comfortable seating experience, while the under-seat storage provides ample space for extra linens.

Upholstered with stain-resistant polyester, this mid-century modern sofa easily converts into a sleeper for guests. The sofa comes with two decorative pillows and is available in a range of stylish color options. Upgrade your small space with this practical and stylish sofa!

Belleze L-Shaped Reversible Sectional Sofa ($429)

Thanks to its compact size and versatile design, this sectional couch is perfect for small spaces such as apartments, and studios. The foam-filled cushions provide long-lasting comfort and support whether you’re lounging reading a book, watching TV or spending time with family and friends.

How To Choose The Best Sofa For Small Spaces?

Choosing the best sofa for a small space can be overwhelming at first, but once you know what to look out for, it’s smooth sailing from there. Here are some things to remember when selecting a sofa for your small space.

Size…Obviously

Measure the dimensions of your space before you start shopping for a sofa. Measure doorways, hallways, stairways, and windows if necessary. There’s nothing worse than purchasing a sofa and then realizing that you can’t get it through the door. Also, consider the size of the sofa in relation to the room. Stick to trim, clean-lined sofa designs to ensure the right scale once placed in the room.

Functionality

Think about how you will be using the sofa. Do you need it for just lounging, or sleeping? Will you be entertaining guests, or is it just for your personal use? Consider these factors when choosing the style and design of your sofa.

Shape

Opt for a sofa with a clean, streamlined shape that doesn’t take up too much visual space. Avoid bulky or overstuffed styles that can overwhelm a small room. Mid-century modern style furniture ticks all the boxes for the best small-space furniture design. Consider these pieces to keep your small space light and oven.

Color and Pattern

Of course, lighter colors and neutral tones can help make a small space feel bigger and more open. But that doesn’t mean you can have that dark blue sofa of your dreams! Just be sure to strike a good balance between light and dark furnishings in the room. Want a dark upholstered sofa? Then choose a light-colored accent chair, rug, drapes, etc. Patterns can add interest and texture to a room, but choose them wisely so you don’t overwhelm your small space. A good rule of thumb here is to stick to two or three complementary patterns.

Multi-functional

Consider a sofa with hidden storage or a pull-out bed or convertible sleeper to maximize your space. Multifunctional sofas provide more bang for your buck, especially if you’re working with a small living room or other compact space.

Keep these factors in mind and you’ll be able to find the perfect sofa to fit your small space!

So, there you have it – 10 stylish apartment sofas under $500 and some practical tips on how to choose the best one for your small space. Don’t let a small budget hold you back from having a comfortable and stylish home. With so many great options out there, it’s easy to find a sofa that fits both your needs and your budget. Whether you’re looking for a modern, minimalist design or a cozy, plush option, there’s something on this list for everyone and these prices are just right! Happy sofa shopping!

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• Modular Furniture Ideas For Small Spaces – 6 Pieces That Work!
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