Best Sofa Under $500

Every home needs a comfortable sofa to sit on. Whether you plan on watching films with your loved ones or taking the occasional nap, you will need to find the right couch for your needs.

However, most businesses charge a small fortune for couches of a decent size.

You shouldn’t have to pay a small fortune just to get the best sofa for your needs. You should be able to buy a comfy couch that does the job without breaking the bank.

That’s where we come in! We’ve researched and reviewed hundreds of products to find the best sofa under $500.

You can rest assured that these couches will be perfect for you to add to your home so that you can focus on watching your favorite shows or movies with family and friends.

Take a look at the best sofas under $500 below!

OUR TOP PICK

HONBAY Convertible Sectional Sofa Couch, L-Shaped Couch with Modern Linen Fabric for Small Space Dark Grey

The HONBAY convertible sectional sofa is the perfect choice if you’re looking for a functional couch that’s going to deliver on comfort.

This couch comes with firm cushions that won’t allow you to sink too far into the couch itself. This will be great if you want your sofa to last you for many years to come.

The thicker cushions and fluffy back cushions work to give you the right amount of support while you sit on the couch.

What’s great about this sofa is its space saving design.

It makes use of a reversible sectional design so that you can find the perfect assembly for your needs. This means you can fit the sofa more easily in smaller spaces.

The couch itself measures 78.5” (L) x 30.3” (W) x 35” (H) when fully assembled. Thanks to the sectional design, the ottoman is moveable.

The best thing about this particular sofa is how easy it is to assemble it.

You won’t have to have any tools to put it together. Simply follow the instructions, and you’ll be able to put the couch together within 20 minutes.

Great if you’re wanting an easy to assemble piece of furniture that you can put together as soon as you get it!

This particular sofa is perfect for between 2 to 3 people. It has a weight capacity of up to 660 pounds.

This makes it the perfect fit for all those movie nights!

Pros

  • Space saving - features a space saving design to fit into smaller spaces
  • Large weight capacity - suitable for 2 to 3 people weighing up to 660 pounds
  • Easy to assemble - you won’t need any tools to put the couch together

Cons

  • Firm cushions - the cushions are on the firm side

EDITORS CHOICE

Serta Rane Convertible Sofa Bed, 66.1' W x 33.1' D x 29.5' H, Charcoal

The Serta Rane collection convertible sofa is the ideal pick for those wanting a multi purpose couch.

This particular couch can be converted into a sofa bed, which will be handy if you want your friends to be able to sleep over.

It’s super easy to switch between its two functions, so you won’t have to wrestle with any complicated parts to find the right purpose for your needs.

This particular couch is super easy to assemble. It comes with a click clack design so that it’s easier to put together.

All of the necessary hardware is included with the sofa, as well as a set of clear instructions. This will help you get the sofa put together in a short amount of time.

What’s really great about the Serta Rane collection sofa is that it’s the perfect fit for smaller spaces.

This couch helps to give a simple yet sophisticated design to any home. 

The sofa’s dimensions are 66.1” (L) x 33.1” (W) x 29.5” (H). When the couch has been converted into a bed, the dimensions are 66.1” (L) x 37.6” (W) x 15.0” (H).

A great feature of this particular sofa is the fact it makes use of high density foam.

This helps to give you the firmness you need for consistent comfort.

You won’t have to worry about constantly sinking into this couch to the point where it easily wears out.

Pros

  • Multi purpose - convert the couch into a bed for guests
  • Easy assembly - features an easy to assemble click clack design and includes all the necessary hardware you need
  • Space saving - perfect fit for smaller spaces

Cons

  • Short - this couch is best suited for smaller rooms and may not be the best pick for taller people

BEST VALUE

Best Choice Products Linen Upholstered Modern Convertible Folding Futon Sofa Bed for Compact Living Space, Apartment, Dorm, Bonus Room w/Removable Armrests, Metal Legs, 2 Cupholders - Black

For the ultimate multi purpose couch, the Best Choice Products linen upholstered modern sofa would be our recommended pick.

This particular couch features 3 adjustable positions for your comfort.

There are 3 different backrest settings for you to choose from. Perfect if you want to adapt your new couch for the occasion.

What we really loved about this sofa was the fact it comes with a cup holder attachment.

Simply pull down the center console, and voila! You and your friend or loved one can keep all of your snacks within easy reach for movie night.

This couch gives you ample room for two people to enjoy their favorite movies and shows together.

This particular couch can be converted into a sofa bed. So if your friend has come to stay with you for a couple of days, you can easily make up the couch to keep them more comfortable. 

Simply remove the arm pillows and adjust the backrest to create the perfect sofa bed.

All within a couple of seconds! There’ll be no complicated adjusting of the sofa design to accommodate your guests.

Another great feature of this Best Choice Products couch is its compact size. This makes it the perfect fit for smaller spaces.

You can enjoy the comfort of a full sized sofa, without having to compromise on your available space.

Pros

  • Multi purpose - can be converted into a sofa bed within minutes for guests
  • Cup holder - includes a cup holder to make the perfect movie nights
  • Space saving - enjoy a full size couch without having to compromise on your apartment space

Cons

  • Short - some customers found the couch sits quite short to the ground

RUNNER UP

Walsunny Convertible Sectional Sofa Couch with Reversible Chaise, L-Shaped Couch with Modern Linen Fabric for Small Space (Dark Grey)

The Walsunny convertible sectional sofa will be the perfect choice for those looking for a quality couch that’s easy to assemble.

This couch doesn’t require any tools for you to assemble it. All you need to do is read the easy to follow instructions, and you’ll be able to construct your new sofa within no time at all.

The sectional design also means that you can move the ottoman around to customize the couch to your needs.

This Walsunny sofa works to give you the comfort and support that you need.

The couch cushions are firm and comfortable, and you won’t have to worry about sinking into the sofa itself. 

This will be essential if you want a couch that’s going to be comfy to sit on for long periods of time.

Another great feature of the Walsunny sofa is that it makes use of a space saving design.

So you won’t have to worry about constantly measuring areas of your home to ensure that it will fit into your awkward rooms.

This couch will be the perfect fit for small apartments, upstairs lofts, and many more smaller spaces. The couch itself measures 77.55” (L) x 27.56” (W) x 35.43” (H).

This particular couch comes with an impressive weight capacity of up to 660 pounds.

This makes it the perfect fit for between 2 to 3 people. Perfect for your friends and family!

Pros

  • Easy to assemble - doesn’t require any complicated tools to put together
  • Comfortable - cushions are firm for added comfort and support
  • Large weight capacity - capable of supporting up to 660 pounds

Cons

  • Thin cushions - some of the cushions were on the thin side

RUNNER UP

ZINUS Benton Sofa Couch / Grid Tufted Cushions / Easy, Tool-Free Assembly, Stone Grey

The ZINUS Benton sofa is the perfect choice if you want to opt for the higher end of your budget to ensure you get a quality couch.

This particular couch is available in 4 different colors. You can choose between beige, dark gray, soft gray, and stone gray.

Ideal if you want a sofa that can be customized to suit your preferences.

What’s really great about this couch is its tool free assembly. You’ll get all of the necessary components included with the couch itself.

You won’t have to worry about buying any complicated tools just to put the couch together.

You’ll be able to put the new sofa together in less than 20 minutes.

The ZINUS Benton sofa features a durable design.

It comes with a superior weight capacity of up to 750 pounds, and makes use of a naturally strong frame. So you won’t have to worry about your new couch breaking any time soon!

This large weight capacity makes it perfect for a family of 4.

You won’t have to worry about scrubbing away for ages at stained cushions should you accidentally spill anything.

These cushions have been designed to be easy to clean. Simply wipe with a clean, damp cloth and a mild detergent and you’ll be able to return the sofa to its former glory.

Pros

  • Easy to assemble - no additional tools needed to put the couch together
  • Easy to clean - simply wash with a clean cloth and a mild detergent
  • Durable - comes with a superior weight capacity of up to 750 pounds

Cons

  • Firm - couch cushions are on the firm side

Best Sofa Under $500 Buying Guide

Trying to find the best sofa under $500 can be a challenge. There are so many different styles and sizes to choose from, and at such varying prices, that it can be hard to find a couch that comes in under budget. And just because you’ve found a sofa under $500, that doesn’t mean it’s of a long lasting quality.

There’s no need to worry. We’ve compiled a list of all the essential things you will need to look for in a couch under $500 to get a quality product.

As long as your chosen sofa under $500 covers these factors, you can rest assured that it will be perfect for your needs.

Take a look at everything you’ll need to think about below, or skip ahead to the frequently asked questions.

Fabric or leather

One factor you will need to consider is what kind of sofa you would prefer.

Do you want a fabric sofa? Or do you have your heart set on a leather sofa? There are benefits and drawbacks to both, but it will mostly come down to personal preference.

Fabric sofas are a lot more comfortable than leather sofas. These have a soft fabric covering which is a lot more comfortable than stiff leather.

However, they can be harder to clean if you accidentally spill things on them, or have kids and pets who like to make a mess.

Leather sofas, however, are much easier to clean. Often all you need to do is wipe the covering with a damp cloth and it will be clean.

However, it’s worth remembering that leather sofas are often made with faux leather because of the cost of construction. 

Faux leather can sometimes flake over the years with wear and tear. They tend to not be to everyone’s liking, either, and can sometimes not be as comfortable a surface to sit on.

Size

The most important factor you will need to consider is what size sofa you need. How many people live in your home? Chances are you’ll need a couch that’s big enough to accommodate everyone comfortably.

There’s no point in buying a nice space saving two seater couch if there are four of you living in your house!

You will also need to think about where in your home this new couch is going to go. This can often dictate the size of the sofa you buy.

If you have a smaller home, you will have to opt for a space saving design so that you can easily fit in your new couch.

You will also need to think about how you’re going to get the couch in and out of your new home. A larger sofa may be tricky to haul up several flights of stairs.

Easy to assemble

You will want to opt for a couch that’s going to be easy to assemble. Take a look at the instructions before you commit to buying your new sofa.

Does it require a long list of complicated tools that you don’t actually own? If this is the case, you will need to go out and buy these. Which seems a waste of time when you’ve been so budget conscious about choosing your new couch!

Some sofas come with tool free assembly. This will be much easier for you to put together easily without help if you don’t own any power tools or screwdrivers.

You can also check customer’s reviews to see how they found the assembly experience.

Weight capacity

The weight capacity of your sofa will need to be large enough to support all of the people who will be using it.

There’s no point in buying a smaller sofa if it’s not going to be able to support everyone who will want to sit on it.

If there are three people living in your home who will make use of the new couch, you should opt for a model that comes with a weight capacity of at least 660 pounds. This should be able to comfortably support two to three people.

Easy to clean

Another factor to consider is how easy your new couch will be to clean.

Accidents can happen, and the last thing you’ll want to be stressing about is staining your new couch. Take a look at how easy it is to clean in the case that drinks or food accidentally get spilled on it.

This will partially go hand in hand with whether you choose a fabric or leather couch.

Leather will be much easier to clean, however, some fabric couches are often sprayed with something when they’re manufactured to make them easier to clean.

Comfortable

You will of course want to opt for a couch that is comfortable to sit on. You may be put off from buying a couch with firmer cushions, but you shouldn’t be.

Remember that the cushions will deflate over time, so the firmer they are at the start, the better.

If your sofa cushions are too squishy before you get it, you will only find yourself sinking into the couch quicker.

Best Sofa Under $500 - FAQ's

What is the best sofa for the money?

The best sofas for the money are:

  • HONBAY Convertible Sectional Sofa
  • Serta Rane Collection Convertible Sofa
  • Best Choice Products Linen Upholstered Modern Sofa
  • Walsunny Convertible Sectional Sofa
  • ZINUS Benton Sofa

What should I look for in a sofa?

The main factors you should consider when choosing a new sofa or couch are what size you need, what weight capacity it has, whether you want a fabric or leather covering, how easy it is to assemble, how comfortable it is, and how easy it is to clean.