Yes, It’s Possible: The Best Sofas Under $500

If you’re looking for an on-trend mid-century modern option that’s also petite enough to fit into your small space, look no further than Overstock. This gem is available for just $300, making it a no-brainer for those looking to furnish a space on a tight budget. Best of all, it’s available in orange, green, and blue.

Buy: Christopher Knight Home Mariah Loveseat, $381.49 $299.69 from Overstock

The Home Depot offers way more than just paint and remodeling supplies. The next time you’re placing an order for some lightbulbs, why not add a sofa to your cart, too? Starting at just $317, this mid-century sofa may be just the solution you’ve been searching for while decorating your first apartment.

Buy: Lifestyle Solutions Lillith Sofa, $316.19 from Home Depot

This West Elm beauty is available on Apartment Therapy’s own Bazaar at less than a fourth of its original price. As the proud owner of a blue velvet sofa myself, I’m happy to note that such pieces can be styled to accommodate almost any style, whether you lean traditional, boho, or glam. Either way, walk, don’t run, to snag this classic piece before it’s claimed!

Buy: West Elm Blue Velvet Queen Sleeper Sofa, $500 or best offer from Bazaar

This may just be the rose-colored sofa of your grandmillennial dreams. Better yet, it looks much pricier than it actually is—and no one will ever guess you purchased it at Home Depot. The soft velvet material is perfect for cozy afternoons lounging and watching TV, but is equally presentable for entertaining.

Buy: US Pride Furniture Civa Velvet Sofa, $366.81 from Home Depot

This classic three-seater is quite the steal, and its neutral color means it will fit seamlessly with any decor style. The button tufted back cushions add a touch of sophistication, and the clean lines are a classic in any home.

Buy: Zipcode Design Ibiza Sofa, $309.99 from Wayfair

Boxy couches with clean lines are all over Instagram, but there is a more budget-friendly dupe if you only have $500 to spend on your living room. This Overstock couch has button-tufted seats, square arms, and velvet upholstery. It also comes in a variety of colors: Pink, gold, blue, beige, and peacock green. 

Buy: Carson Carrington Ingabola Sofa, $830.99 $453.99 from Overstock