For many renters and homeowners, a couch can be a central piece of furniture that ties an entire space together; providing a home for communal entertainment, a stage for date night, or maybe just a soft place to doze off with a good book. In recent years Americans have spent nearly 500 hours on their sofas, meaning investing in a quality couch could be more vital than ever. But quality doesn’t always have to come with a high price tag, and there are many options for those seeking well-made inexpensive couches that will last you through your next eight-hour streaming binge and well beyond. The team at RentHop has collected our top-quality picks for affordable sofas and cheap couches under $500 to ensure you get your money’s worth.
Best Cheap Couches Under $500
1.) Grigori Rolled Arm Sofa Bed – $395.99
This ingenious design at Wayfair.com is both inexpensive and full of utility. At just under 3.5 feet wide and about 2.5 feet long, its compact design allows it to fit even the smallest of apartments. It folds out to just over six feet when extended, making it comparable to an XL Twin. This is great for compact apartments or bedrooms, so you have room for visiting friends or family. If this sounds like the type of sofa you’re looking for, head on over to Wayfair and check out their whole selection of inexpensive couches and sofas. Our other favorites include this 66” Quinillo Armless Sofa that comes in four easy-to-match colors or this slick faux-leather Palisades loveseat with removable cushions.
2.) Modular Sofa – Velvet or Recycled Leather – $479.00
Urban Outfitters is a household name by this point, known as a seller of affordable high-end fashion and for their eclectic home decor offerings such as Bunny Buddy Throw Pillows or Gem Teeth Candles. But Urban Outfitters also boasts a surprisingly diverse array of home furniture through their online retailer, including this stylish Modular Sofa. Coming in a wide variety of eight colors in its velvet finish, there are also four colors available in recycled leather. The sofa comes in three separate pieces, an armchair, an armless chair, and an ottoman, which can be arranged together or separately, allowing versatility without losing affordability. Another good choice from Urban Outfitters is this Gemma Velvet Sleeper sofa. Billed as a Chair-and-Half, this made-to-order piece squeezes in room for two people while also folding out to a 37”x59” bed.
3.) HOMCOM Velvet-Touch Reclining Couch – $444.99
This sofa from HOMCOM can easily seat three people and transform into a pull-out futon. It features independent adjustable backrests that can be switched between three positions without bothering the person sitting next to you. However, Aosom also features even more affordable options, such as this Wingback Double Sofa at $274.99 or this classic and modern two-person loveseat for only $224.99. Whatever your price range, Aosom is the place to find a couch that will bring any space together. Aosom also represents brands such as Outsunny and Soozier, in addition to HOMCOM, with plenty of consistent sales and reduced prices to keep you coming back for more.
4.) Burns Charcoal Tufted Convertible Lounger Sofa – $449.99
Available only online at WorldMarket.com, this simple lounger sofa boasts a sleek design, simple assembly, and clever convertibility, all at a price that won’t break the bank. This chair fits three people comfortably and folds to a comfortable bed just a bit smaller than a twin-sized mattress. This pick is great for those who want versatility and simplicity in a modern, affordable package. Other worthwhile offerings at World Market include this stunning Espresso Wood Studio Day Sofa, which folds flat at the ends to provide a whopping six and a half feet of bed space in length, landing you closer to an XL twin. You may also enjoy this glamorous Maren Loveseat with velvet and gold accents to add a splash of chic to any space. At only $499.99, it’s just within budget for those looking for an expensive-looking couch at a more reasonable price.
5.) LINANÄS Sofa with Chaise Lounge and VISSLE Cover – $449.00
Ikea is a furniture store known culturally for its labyrinthian stores, Swedish language construction instructions, and of course, meatballs. This piece from Ikea comes with a ten-year limited warranty, a Chaise Lounge, and the base sofa piece. The Vissle cover is both abrasion resistant and color fade resistant for clean, crisp color that will last. There is also a version that comes without the chaise lounge for those needing a more compact piece. Ikea also has some ultra-affordable options, such as this GLOSTAD loveseat for only $149 or this BALKARP sleeper sofa for only $249. Just be sure you’re ready to do some light construction, as these pieces are no exception to the Swedish retailers’ commitment to “products that are designed to be assembled by you.”
6.) Hcore Convertible Futon Sofa Bed – $349.99
Amazon became the largest online retailer in 2015 when it surpassed Walmart, and it boasts one of the largest selections of affordable sleeper sofas from Amazon’s official stock and third-party sellers. This Hcore Convertible Futon features black leather memory foam and an impressive size in both Couch and Futon forms. Its compact design makes it perfect for tight spaces, and it features easy assembly, space for two seats in sofa form, and impressive dimensions. But that’s not all Amazon offers; maybe this WOTU Folding Bed couch is more your style. Simple and befitting almost any design scheme, it comes in sizes from twin to Queen in up to four colors. At only $360, it’s a steal along with this Kescas Sofa bed, a 2-in-1 Convertible sofa chair. This is a great option for renters or homeowners looking for the versatility of a sofa but without taking up the space of a full sized couch. This sofa chair is an exceptional design, coming in at only $329.99 and free delivery with Amazon Prime.
