10 Cheap Living Room Sets Under $500

Last updated on February 20th, 2024 at 05:08 am

Have you been looking for cheap living room sets under $500? Well, you’ve come to the right place. We’ve searched all over the web and have compiled this list for you that will help you find the best one for cheap prices.

Sofa sets and couches serve as the main decoration for your living room. Having a classy couch set not only provides you with an appropriate seating space but also jazzes up the interior of the room.

Our Top Picks

When it comes to cheap living room sets under $500, we’ve curated a selection of our top picks that offer exceptional value and style. These sets prove that you don’t have to break the bank to create a comfortable and inviting living space. Here are our top choices:

1. Grayson Micro-fabric Sofa

Cheap Living Room Sets Under $500

Looking for a couch set that’s easy to care for and perfect for any living room style? Look no further than the Grayson micro-fabric sofa. With its wooden frame and faux-wood legs, It is both stylish and supportive. And thanks to its high-density foam, it’s also incredibly comfortable.

Plus, the Grayson is easy to assemble – no tools are required! Whether you’re looking for a small couch for your basement entertainment room or a bedroom sofa to turn your bedroom into a luxury hotel suite, It is a perfect choice. So go ahead and make your design dreams come true with lifestyle solutions.

Why We Picked It?

  • Surprising weight capacity
  • Wooden frame and legs
  • Microfiber materials upholstery
  • Elegance and comfortable
  • Easy to assemble; no tools required
  • Durable frame and support
  • Turn your bedroom into a luxury hotel suite
  • Ideal for small spaces

2. Best Choice Faux Leather Sofa

Cheap Living Room Sets Under $500

Looking for a versatile and stylish loveseat that can easily be converted into a guest bed? Look no further than the Best Choice Faux leather sofa! This 3-piece modular set can be configured as an L-shaped sofa or separated into individual pieces, making it perfect for any space.

It is easy to clean and looks great with polished chrome legs. Plus, the ottoman can double as a coffee table or footrest. Whether you’re relaxing at home or entertaining guests, this sofa is sure to be a hit!

Why We Picked It?

  • Sturdy and durable
  • The perfect furniture piece for any room.
  • Easily converts into a bed for guests.
  • Quality materials and construction for a durable piece of furniture.
  • Customizable to fit any space.
  • Convenient cup holders and removable armrests.
  • Stylish and chic design.

3. SLEERWAY Sectional Couch with Ottoman

Cheap Living Room Sets Under $500

Key Features:

  • Modern design
  • Offer five color choices
  • Adjustable configuration
  • Fastest assembly

The SLEERWAY Sectional Couch with Ottoman is a modern piece of furniture that offers five color choices, adjustable configurations to suit your home’s needs, and the fastest assembly.

This futon couch features high-density foam for comfort, an ottoman that can be used in different configurations around the room or even as another seat and includes all the necessary tools to assemble.

We love this sectional couch. It is the perfect size for my living room and it is so easy to assemble. The leather is very comfortable and I love that I can adjust the configuration to fit my needs. We’re so happy with this purchase and would recommend it to anyone looking for a new couch!

4. Vnewone Sectional Couch

Cheap Living Room Sets Under $500

Introducing the Vnewone leather living room set – the perfect combination of comfort, style, and value. This highly comfortable set features a touch of mid-century flair, and can easily hold up to 600 lbs.

It’s easy to assemble and looks amazing in any space with its rectangular shape. Plus, the nice firm couch is perfect for relaxing after a long day. You’re going to love unwinding on this set!

Why We Picked it?

  • Highly comfortable
  • Touch of mid-century
  • Can hold 600 lbs
  • Easy to assemble

5. Walsunny Rattan Living Room Set

Cheap Living Room Sets Under $500

Key Features:

  • PE rattan wicker and steel frame
  • Fade-resistant cushions
  • Machine washable cushions
  • Quick assembly.

It is a decent sectional couch seamlessly suitable for outdoor settings as well. The first thing on this sofa that catches your attention instantly is its striking color combination of red and black. It bears a highly resilient frame comprising PE rattan wicker and steel.

Thus, it seamlessly endures wear and tear due to weather changes, and rain. Besides, It allows tremendous customization to users with its contemporary design. With its four sectional seats,

You can either configure it as a giant single couch, an L-shaped sectional for corners, or the conventional style with two singled-out seats for a more formal arrangement.

The set also comes with a classy coffee table for placing refreshments or, for instance, fresh-cut flower arrangements. Click here to see what flowers will suit your interior design.


  • Easy to clean
  • Light in weight
  • Perfect for outdoors
  • Great customizability.


  • No chaise or ottoman
  • The design may be bulky indoors.

6. HONBAY Reversible Sectional Couch

Cheap Living Room Sets Under $500

Looking for an elegant and comfortable couch that will add a bit of class to your home? Look no further than the HONBAY Reversible Sectional Couch. This beautiful couch is upholstered with linen fabric and filled with foam, providing you with a comfortable place to relax.

The modular pieces can be arranged in any shape to best fit your space, and the square ottoman can be placed on either side of the couch. You’ll love the convenience of extra storage space that this couch provides.

Why We Picked It?

  • Reversible sectional couch
  • Included storage ottomans
  • Space-saving design
  • It can be rearranged to fit your needs.
  • It is comfortable and stylish.
  • You’ll have a place to store all of your things.
  • You’ll be able to seat all of your friends and family comfortably.

7. Christopher Knight Solid Wood Couch

solid wood sofa set

This gorgeous piece is perfect for those who want to add a touch of luxury to their space. Made with acacia wood, it features a sleek and exotic look that will make your guests take notice. Durable and hardwearing, it’s perfect for withstanding outdoor elements and won’t darken over time.

Plus, it comes with water-resistant cushions, making it even more practical. Perfect for hosting guests or simply lounging in style, this sofa is a must-have. It comes with a one-year warranty and some assembly is required. The cushion material is 100% polyester. So pick the best one from 25 cheap living room sets under $500 today!

Why We Picked It?

  • Made out of solid wood 
  • Simple and functional 
  • Thick and firm padded cushions
  • Takes only 10-20 mins to assemble

8. GAOPAN Tufted Faux Leather Set

Cheap living room sets under $800

Key Features:

  • Robust and durable
  • Chaise and separate ottoman
  • Compact size
  • Faux leather material.

For those looking for a conventional sofa set for their living rooms with a modern touch, here comes a nice option. It is one of the best couch sets for cheap prices.

It precisely is a couch with a chaise that also encloses an ottoman in the package. Hence, you can enjoy the best relaxing time with your friends as you lie down on the chaise. Whereas, the ottoman can serve as either a footrest or even a coffee table.

It is available in the traditional black color that succeeds in drawing attention. Moreover, what makes this one distinct from others is its superior robustness owing to its premium quality faux leather.

It is not only soft and comfortable but is also very easy to clean. Hence, if you plan to buy an everlasting settee for your small living room, this one is for you.


  • Classy design
  • Suitable for small places
  • Easy to clean and maintain
  • Can bear more weight


  • Not for large spaces
  • Not for big families

9. Tufted Faux Leather Set

cheap living room sets under $600

A stylish and modern piece of furniture that is perfect for any living space. It allows you to create a large chaise lounger by pushing the ottoman bench against the sofa. The soft foam cushioning and supple faux leather make this set a viable lounging option for hours of comfort.

The durable material is easy to clean, helping to ensure years of service with limited wear and tear. The overall dimensions are 84.25″(L) x 56″(W) x 33″(H). It has a weight capacity of 600 lbs. It ships and arrives in 2 separate boxes. Delivery times may vary per box.

No doubt, it is a top-notch cheap living room set under $500.

Why We Picked It?

  • It is stylish and contemporary
  • Ottoman can be used as a footrest or additional seating
  • It is comfortable and built to last
  • Create a cozy space for yourself and your loved ones.
  • Furniture is easy to clean, meaning you won’t have to worry about spills or messes.

10. MERITLINE Sectional Sofa with Ottoman

 Sectional Sofa with Ottoman

Add a touch of classic charm to your home with the MERITLINE Sectional Sofa with Ottoman. This spacious L-shaped sofa is upholstered in a thick linen-like fabric and comes in a pebble gray or neutral beige tone that will compliment your space beautifully.

It features plush cushions and deep seating for enhanced comfort and comes with a matching ottoman for added convenience. The accent nail head trims along the armrests complete the look of this stylish sofa set.

Why We Picked It?

  • 1-year warranty
  • Together with quickly
  • High-quality materials made
  • Resilience foam with polyester fabric

11. HONBAY Convertible Modular Sofa with Reversible Chaise

living room sets under $600

Here we go for another cheap living room set under $500!

It is specially designed to be compact and comfortable, perfect for apartments, condos, and other small living spaces. It’s upholstered in durable, easy-to-clean polyester fabric and features a double sofa chaise so you and your partner can each have your own space.

The cushions are filled with a high-density sponge for ultimate comfort, and there’s even extra storage space under the seats – perfect for hiding blankets, DVDs, and other items. It is sure to be a hit with your friends and family!

Why We Picked It?

  • It is perfect for small spaces.
  • You’ll have plenty of comfortable seating with this chaise sofa.
  • The high-density sponge cushions will make you feel like you’re sitting on a cloud.
  • It is the perfect way to relax in comfort and style.
  • With extra storage space, you’ll be able to keep your room neat and tidy.

How We Tested and Picked?

We understand the importance of providing reliable and high-quality information to our readers. When it comes to testing and picking the best living room sets, we follow a rigorous process to ensure that our recommendations are based on thorough evaluation and analysis. Here’s how we do it:

Extensive research:

We begin by conducting extensive research on various living room sets available in the market. We explore reputable furniture brands, read customer reviews, and analyze expert opinions to gain insights into the most popular and well-regarded options.

Selection criteria:

We establish a set of criteria based on factors such as quality, durability, comfort, style, value for money, and customer satisfaction. These criteria serve as our benchmark for evaluating and comparing different living room sets.

Hands-on testing:

Our team of experts physically tests the shortlisted living room sets. We carefully examine the construction, upholstery materials, cushioning, and overall comfort. We pay attention to details like stitching, frame stability, and ease of use for any additional features or functionalities.

Real-world simulations:

To ensure that our recommendations hold up in real-life scenarios, we simulate common usage situations. This includes assessing the durability of the materials, resistance to wear and tear, and how the furniture performs over time.

Customer feedback analysis:

We also consider customer feedback and reviews from verified buyers. By analyzing a wide range of customer experiences, we gain valuable insights into the long-term satisfaction levels and any potential issues with the living room sets.

Comparison and evaluation:

After gathering all the necessary data, we compare and evaluate the living room sets based on our selection criteria. We weigh the strengths and weaknesses of each set to determine their overall performance and suitability for different needs and preferences.

Expert opinions:

In addition to our own testing, we consult with industry experts and furniture professionals to gather their insights and opinions. Their expertise helps us validate our findings and ensure that we provide well-informed recommendations.

Final recommendations:

Based on the results of our testing, analysis, and expert consultations, we compile a list of the top living room sets that meet our rigorous standards. We consider different budget ranges, styles, and features to cater to a wide range of readers’ needs.

How to Choose the Perfect Living Room Set

Choosing the perfect living room set can transform your space into a comfortable and stylish haven. Here are some tips to help you make the right choice:

Assess your living room space:

Start by measuring your living room to determine the available space for your furniture. Consider the layout, including doorways, windows, and any architectural features that may impact furniture placement.

Determine your seating needs:

Evaluate how many people you typically host in your living room and how you use the space. Do you need a large sectional for lounging or multiple seating options for entertaining? Understanding your seating requirements will guide you in selecting the right set.

Consider your personal style:

Think about your preferred style and the overall aesthetic you want to achieve in your living room. Whether you lean towards contemporary, traditional, or something in between, choose a living room set that complements your taste and existing decor.

Prioritize comfort:

Comfort is paramount in a living room set. Look for furniture with quality cushioning, sturdy frames, and supportive seating. Consider factors like seat depth, backrest height, and armrest design to ensure the set provides a comfortable seating experience.

Test the furniture:

Whenever possible, test the furniture in person. Visit furniture stores or showrooms to sit on the sofas, chairs, or sectionals you’re interested in. This allows you to assess comfort, test the durability of materials, and get a sense of the furniture’s quality.

Pay attention to material and durability:

Opt for durable materials that can withstand regular use and potential spills. Consider factors like fabric or leather upholstery, frame construction, and the reputation of the manufacturer. Look for sets that offer a balance between aesthetics and durability.

Set a budget:

Determine your budget range for the living room set. It’s essential to find a balance between affordability and quality. While expensive sets may offer premium features, there are also budget-friendly options that provide good value for money.

Read customer reviews:

Before making a final decision, read customer reviews and ratings of the living room sets you’re considering. Reviews can provide insights into the durability, comfort, and overall satisfaction of previous buyers, helping you make an informed choice.

Consider additional features:

Think about any additional features or functionalities you might want in your living room set. This could include built-in storage, reclining options, convertible sofa beds, or modular designs that allow for flexible configurations.

Frequently Asked Questions

Are cheap living room sets of good quality?

While the price of living room sets can vary, it’s important to note that affordability doesn’t always mean low quality. There are many budget-friendly options available that offer decent quality and durability. However, it’s still essential to research and read customer reviews to ensure you’re getting a set that meets your expectations.

Where can I buy cheap living room sets?

Cheap living room sets can be found at various furniture stores, both online and offline. Online retailers often offer a wide selection and competitive prices. Additionally, you can check out local classified ads or visit discount furniture outlets to find affordable options.

What are the benefits of buying a living room set?

Buying a living room set offers several benefits. It provides a coordinated and harmonious look to your living space, saves time and effort in selecting individual pieces, ensures furniture pieces complement each other, and often offers cost savings compared to buying each item separately.

How do I choose the right living room set for my space?

To choose the right living room set, consider the size and layout of your living room, the number of people you need to accommodate, your preferred style and aesthetics, and the level of comfort you desire. It’s also essential to measure your space accurately to ensure the furniture fits well.

Are living room sets customizable?

Some living room sets offer customization options, allowing you to choose specific upholstery materials, colors, or configurations. However, the level of customization may vary depending on the manufacturer and retailer. It’s recommended to check with the seller about the available customization choices.

Which is best sofa or recliner?

The choice between a sofa and a recliner depends on personal preference and space availability. Both have their benefits; sofas are versatile for seating multiple people, while recliners offer individual comfort and relaxation.

Bottom Line

Finding a budget-friendly living room set doesn’t mean compromising on style, comfort, or quality. With our curated list of 10 cheap living room sets under $500, you can transform your living space without breaking the bank.

These sets offer a blend of affordability, durability, and aesthetic appeal, making them a great choice for those on a tight budget. Whether you prefer contemporary designs, classic styles, or modular configurations, there’s a living room set on our list to suit your taste and meet your needs. Upgrade your living room without draining your wallet with these fantastic options.

Sarah Smith
Sarah Smith

I'm Sarah Smith, a good housekeeper, blogger writer. Love to write about housekeeping, cleaning, cooking tips and tricks as well as life hacks related article and share online.

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