Best Sleeper Sofas Under $500 2021

Sleeper sofas are one of the most popular bed types for those looking for a piece of furniture that won’t break the bank. The average sleeper sofa costs around $500, with the cheapest options starting at $250. Sleeper sofas come in all types and sizes, ranging from small to large. The two most common types of sleeper sofa are the drop-ceiling style and the box-spring style.

Sleeper sofas are inexpensive yet luxurious pieces of furniture. That’s why they are so popular, not only as a home decor item but also for business purposes and even for travel. A sleeper sofa is an inexpensive furniture piece, usually costing as little as $500. However, the quality of this type of furniture is very important. The sleeper sofa should be both durable and comfortable, and it should be easy to assemble and disassemble again.

Sleeper Sofa is a name that is well-known among the furniture community. Best Sleeper Sofa is a company that specializes in creating high-quality sofas and loveseats. Sleeper Sofa is owned and operated by a husband and wife team, who were both working as engineers before they started their own furniture company.

The sleeper sofa is a type of sofa that is specifically designed for apartments, dorms, and any home where people will be living for long periods of time. The sleeper sofa has been around for decades and is popular in many countries. We’ve reviewed and compiled the best Sleeper Sofa Under $500.

Best Convertible Sleeper Sofas Under $500 2021

This is one of the most important things you should consider when purchasing a sofa. You need to make sure that the sofa fits your needs so that you don’t end up with a sofa that’s just sitting there and collecting dust. if you want to see the best Sectional Sofa Under $500.

Aside from that, you also need to make sure that the sofa fits in the space you’ll be using it in. There’s a lot of variety when it comes to sofa brands, and it’s so important to find a sofa that will fit in your home.

Best Sleeper Sofas Under $500 2021

The best convertible sleeper sofa beneath $500 is a sleeper sofa for sure. They are great for a bedroom, a living room, or even casual furniture. In this article, we will tell you what convertible sleeper sofas can be found within the $500 price range.

The Best Sleeper Sofa Under $500 2021

1. Best Choice Products Faux Leather Upholstered Convertible Sleeper Sofa

Best Sleeper Sofas Under $500
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This is one of the best Choice Products Faux Leather Upholstered Convertible  Sleeper Sofa under $500. This unique and stylish furniture piece boasts a contemporary look that blends well with any living space. This convertible futon sofa bed features a folding mechanism so it can be easily stored when not in use. Its sleek metal legs and futuristic design are sure to add an air of sophistication to your home decor.

Every night should be a good night with this convenient, smartly designed bed. The futon has a stylish look and feels with its faux leather upholstery. This modern frame is perfect for any room in the house. With a variety of levels to choose from, you can find the most comfortable sleeping position for your needs.

Plus, it’s incredibly compact. Just fold up your new bed and put it away when you’re done with it. It’s the ideal solution for compact living spaces. A wide variety of living spaces have found this comfortable style to be a perfect addition to their compact living space needs. For anyone looking for a convenient furniture solution, this piece is the ideal buy.

A stylish and versatile piece of furniture that can be used as a sofa, a bed, or a coffee table The back support and armrests are adjustable for comfort and suitability. The sturdy metal legs are ideal for supporting the piece of furniture when not in use. This piece of furniture is made of faux leather material, which is durable and comfortable to sit on. With its three adjustable positions, there’s no need to sacrifice comfort.

This stylish futon sofa has a 500-pound weight limit that lets you lounge in good company while utilizing a fold-down armrest with convenient cupholders in the middle.

Pros
  • Cheap Price
  • Parts are in zipper pocket bottom of couch.
  • It helps my office look complete.
  • Great little sofa
Cons
  • 500-pound weight limit

2. Serta Rane Collection Convertible Sleeper Sofa Bed 

Best Sleeper Sofas Under $500
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The Rane collection of convertible sofa beds provides a luxurious, eye-catching look and unparalleled comfort. This contemporary, convertible sofa bed features an upholstered seat and headboard that is crafted from black bonded leather.

The Rane Collection converts to a full-sized bed in minutes. Designed to be placed into your living room or family room, this sleeper sofa provides a unique bedroom solution to your living area.

Sofa beds are an easy way to create a functional, stylish piece of furniture that can fit into any bedroom. Add a bit of extra comfort when you choose one of these convertible sofa beds. Available in a variety of styles and colors, each bed is designed with a 100% polyester fabric that is made to last for years.

The Rane collection is made to be comfortable and stylish. This contemporary, convertible sofa is made from premium-quality polyester. The Rane collection is available in a wide variety of seating options that can be used in your living room, family room, den, or bedroom.

With a stylish frame and premium-quality foam padding, the Rane collection is designed for optimal comfort. The Rane collection can be converted into a daybed or a full-sized sleeper sofa.

This convertible sofa is made of premium quality polyester and has a solid wood frame construction. The back is easily retracted for comfortable moments. When it’s time to go to bed, apply it thoroughly on a comfy bed. Use the adhesive intermittently, and with a soft brush to remove particles. Clean the spot before thorough cleaning. Use a dry cloth with soap and water.

Pros
  • Upholstered in quality polyester fabric with Modern design
  • Easy to convert from sitting to lounging and sleeping position
  • Easy set up by Click-Clack Technology
Cons
  • Average material

3. Novogratz Brittany Convertible Sleeper Sofa Bed

Best Sleeper Sofas Under $500 2021
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Modern and stylish, this sofa bed is perfect for any room in the house. Double up as a couch or sleep on the top to save space. Sleeper sofa beds are ideal for children who need extra space while sleeping.

It comes with a two-tone color scheme of blue and brown. The sturdy frame features a ribbed backrest to lend you additional support while reading or watching TV on the sofa bed. The wide track arms ensure that you can move freely around the bed without fear of falling.

Add sleek modern style to any room with this modern and stylish convertible sleeper sofa. The soft grey of the upholstery is offset by beautiful piping details that add a touch of sophistication to your space. The tufted backrest adds a stylish touch while the wide track arms provide superior comfort. Independently encased coil sofa seat cushion delivers superior comfort. Available in blue, dark grey, mustard, and navy. Twin bed weight limit 225 lb.

Sleeper sofa beds are a great option for anyone who wants an easy option for sleeping. Novogratz uses top-quality materials and finishes, creating a product that is both functional and stylish. Available in twin sizes, it is great for smaller spaces like apartments and dorms. With a comfortable mattress and supportive frame, it is a relaxing way to sleep. Twin sofa weight limit 400 lb. 

Pros
  • It is easy to clean.
  • This looks nice enough
  • frame seems sturdy enough.
Cons
  • When you sit you feel every spring in the seat

4. Novogratz Leyla Loveseat Comfortable Sleeper Sofa

Best Sleeper Sofas Under $500 2021
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The Novogratz Leyla Loveseat is a modern and versatile living room furniture that can be used as a bed or as a lounging area. The couch features a unique design that allows it to convert into a bed in no time. If you want to lounge or sleep, just flip the sofa over, and it becomes a comfortable bed. This loveseat offers style and functionality for your home.

The Novogratz Leyla Loveseat is a modern sofa that features a single reclining seat with a hidden mechanism that allows it to fold out into a sleeper sofa. This sofa is great for tight living spaces and for those who want their living room to be functional and stylish. Its modern, clean design allows it to fit in well with any decor style.

This loveseat features a Sleeper-to-Loveseat conversion that will allow you to save space in your living room and maximize comfort. With its multifunctional and innovative design, it can be used as a loveseat with a footrest, a sleeper sofa with two additional seats (with a lift mechanism), and even as a daybed in your home.

Features

  • Armrest pocket for storage
  • Easy conversion from sofa to sleeper
  • Wooden frame with a plush, tan upholstery
  • Easy assembly
  • Small and perfect for small places
Pros
  • Perfect for long nights
  • Great size
  • Easily convertible and highly comfortable
Cons
  • Not very durable

5. ANJ Convertible Convertible Sleeper Sofa Bed

Best Sleeper Sofas Under $500 2021
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Next on our list of the best sleeper sofas under $500 is the ANJ Convertible Sofa Bed. This modern, multi-functional sofa provides a unique combination of comfort and style. Conforming to the shape of your body, this futon sofa features a reclining back that provides full-body support in a low sleeper position.

The padded backrest also relaxes you while you’re enjoying a relaxing Sunday afternoon. With its smooth, tufted velvet fabric upholstery, this versatile furniture piece is suitable for any interior design style. Available in two different sizes, this convertible sofa can accommodate most living.

Add that modern touch to any room in your home with this futon sofa. It’s a versatile piece that can be used as a double or single bed. This convertible sofa bed reclines and folds up for easy storage.

Its tufted design on the back cushions ensures guests are comfortable during any stay. The smooth velvet top adds a luxurious look that is sure to impress. With the thickness cushion padded seat, the sofa bed provides the most comfort for you. ANJ provides a 1-year warranty. The limit is 600 lbs.

Pros
  • 1 year warranty
  • The couch is very beautiful and very sturdily built.
  • Very comfortable
  • Multi-Functional
Cons
  • No such cons to be found

6. Novogratz Tallulah Memory Foam Convertible Sofa Bed

Best Sleeper Sofas Under $500 2021
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Novogratz is committed to providing you with the highest quality furniture products. Our Novogratz Tallulah Memory Foam Convertible Sofa Bed is a modern design that will make you feel comfortable and relaxed.

This memory foam sofa bed, which has been designed with durability and quality in mind, will give you the comfort you deserve. The high-density foam used in this Novogratz sofa bed is made of pure biodegradable memory foam for a firm yet soft feel.

Sofa beds have become a fashionable way for people to spice up their living room and invite friends over for a night on the town. The Novogratz Tallulah Sofa Bed is one of the most comfortable models available today.

This stylish bed is available in a variety of colors with various size options to complement your home decor. Available in a variety of sizes and colors, it’s a smart choice for your bedroom. Available in blue, grey, green, and pink velvet. 

Designed with a memory foam layer between the soft, plush fabric upholstery and supportive frame, this bed offers maximum comfort and support, making it ideal for lounging around the house. The functional design of this sofa-bed includes a full-size mattress. Novogratz’s weight limit is 600 lb.

This luxury sofa bed comes with a memory foam mattress which is convertible to a sofa. It converts to a comfortable sofa in just seconds. This is a great way for your guest to stay overnight.

It requires no assembly and can be used both as a traditional sofa and a bed. The extra soft memory foam allows you to get the most restful sleep possible without that uncomfortable feeling that you are trapped in the bed.

However, this sofa is not safe for pets. Velvet is bound to attract its flags. So if you have a dear friend in your house, make sure to keep him away from this sofa.

Overall, this sofa is perfect for small living spaces and adds a very elegant touch to the room. It’s perfect for the price and highly recommended for anyone looking for some high quality for a reasonable price.

Features

  • Velvet upholstery
  • The back can be adjusted into a futon
  • Sturdy wooden frame and slanted wooden legs
  • Tufted side cushions and back
  • Comes in blue, grey, green, light green, mustard yellow and pink velvet
Pros
  • Wide variety of colours
  • Very comfortable
  • Excellent for the price
Cons
  • Does not last very long

7. Mainstay Memory Foam Futon Convertible Sleeper Sofa Bed 

Best Sleeper Sofas Under $500 2021
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The modern futon sleeper sofa is a great way to make the most of limited space. The sofa bed can be converted in seconds from a sofa to a cozy sleeping surface. A sturdy frame and metal legs add extra support and stability. Choose from over fifteen designs to style your home in the coolest contemporary look.

This modern design adds a sleek and stylish touch to any setting. The split back and seat mean you can snuggle up to your favorite TV shows or read a good book without disturbing your partner. Slatted metal legs add a nice touch and provide significant support to the entire structure. The best thing about it is how easy it is to change from a sofa to a futon.

Modern and stylish, this upholstered sleeper sofa bed will look great in a living room or bedroom. The contemporary design features a soft, plush faux leather upholstery that is highlighted by the contrasting black frame.

Features

  • Memory foam
  • Slanted metal legs and wooden frame
  • Easy conversion
  • Black faux leather upholstery
  • Convenient and easy to clean material
Pros
  • Very easy to convert
  • Highly comfortable
  • Excellent for the price
Cons
  • A bit on the smaller side

8. DHP Ivana Tufted Futon Convertible Sleeper Sofa Bed 

Best Sleeper Sofas Under $500 2021
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The Ivana Tufted Futon Sleeper Sofa Bed is a multi-functional piece that offers both form and function. The bed is made with the finest upholstery materials and a bold design that perfectly complements any décor.

The zigzag tufted back cushions offer a luxurious look while the tapered legs and slatted base are stylish accents for your living room. The split-back design provides you with versatility by allowing you to convert the sofa into two separate sleeping areas.

Ivana is a convertible sleeper sofa that is designed with both a modern and classic look. This functional piece features a tufted design on the back cushion with vertical stitching.

The reversible cushions are made of foam and will maintain shape even after long periods of use. Ivana beds can be converted to a futon sofa with easy by simply pulling the sleeper section off the back of the sofa. This creates an open living space for a more intimate atmosphere in the bedroom.

Soft, comfortable, stylish, and functional. This multi-use futon is a smart home solution for small living spaces. It’s ideal for bedrooms, dorm rooms, and home offices. It comes with a storage section on the back that can be used as a side table or extra seating when needed. Modern design combines with luxury construction to create a piece that is perfect for any setting. Soft velvet upholstery and tapered wooden legs combine to create an inviting and comfortable aesthetic.

The sofa is perfect for when you are hosting friends and easy to change into a bed. Prospective customers will also be happy to know that it is easy to walk around the sofa bed. Thick padding ensures that you get a good night’s sleep while the padded velvet keeps you comfortable.

Features

  • Velvet design
  • Split back design that offers greater versatility
  • Padded armrests
  • Comes with padded feet
  • Easy to assemble
Pros
  • Great for sleeping, lounging, and resting
  • Multifunctional design
  • Fits in small spaces
Cons
  • Construction of the furniture is not storong as expected

9. Modway Engage Mid-Century Convertible Sleeper Sofa

Best Sleeper Sofas Under $500 2021
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The Engage creates a casual atmosphere in any living room. It is perfect in a living room, den, or family room. You can also use the Engage in your bedroom to create your own stylish and versatile look. The cushion top and bottom are constructed of polyester fabric with a durable foam core for extra support. For those of you with a love of mid-century design, the contemporary style is topped off with a metal base that adds modern appeal.

This mid-Century Modern Loveseat has a stunning design that is sure to impress. The sleek, clean lines and curved edges frame this piece with a unique flair. A contrasting top and bottom border give this piece a sleek and modern look that is sure to catch the eye of any room.

A comfortable seat cushion is expertly crafted in quality polyester fabric and is infused with quilted foam for added comfort. This convertible loveseat features an ottoman that transforms into a bench.

Like the sectional sofa, this sofa is perfect for any family. With so many options for the perfect contemporary look, the Engage collection offers a wide array of seating and reclining choices. Choose from sofa, loveseat, rocker, or sleeper for the ultimate contemporary living experience. A durable polyester fabric adds long-lasting luxury to this contemporary design.

Features

  • Straight backed, contemporary style
  • Long-lasting polyester upholstery
  • Tapered wooden legs
  • Solid wooden frame
  • Removable cushions
Pros
  • Excellent for the price
  • Deep, rich colour
  • Long-lasting and very comfortable
  • Loveseat Weight Capacity: 1300 lbs
Cons
  • Not as sturdy as expected

10. Alenya Queen Size Sleeper Sofa Bed 

Best Sleeper Sofas Under $500 2021
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This stylish sleeper sofa is the perfect addition to any modern home. The soft and plush seat cushions are a great way to enjoy a relaxing night after a long day. The fun, modern, and eye-catching design have a wonderful mid-century modern feel that is perfect for any setting. The extra comfort and convenience of the dual throw pillows offer an extra layer of comfort to keep you cozy all day long.

This bold mid-century style sleeper sofa has a flirty, modern look that perfectly complements any contemporary home. A decorative accent pillow in the seat adds a vibrant pop of color, while the plush box cushions provide ultimate comfort for sleeping and lounging.

The arms are lined with chestnut-colored track arms that give you the ultimate amount of support while watching TV or reading a book. This great living room option boasts an ultra-convenient design that’s versatile enough for any living space.

Overall, this sofa has it all; the looks, the comfort, the versatility, and the practicality. It is an excellent investment for any household and bound to be one you don’t regret.

Features

  • Available in charcoal and quartz
  • polyester/nylon blend plush upholstery
  • Innerspring mattress
  • Box cushions and track arms
  • Two throw pillows included
Pros
  • Very comfortable
  • Practical, functional, and highly versatile
  • Considerably lower price
Cons
  • Assembly needed

Related GUIDES:

Best Sleeper Sofas Under $500 Buying Guide

The best sleeping sofa reviews by consumers are useful for the buyers to choose the right one and make an informed decision. If you’re a potential buyer looking to purchase a sleeper sofa, here are some tips to help you out. You’ll need to be aware of the different types of sleeper sofa you’re looking for. There are also several other factors that you should take into consideration before buying a sleeper sofa.

The sleeper sofa is a perfect choice for those who have a limited budget. In addition, it is very important to buy the best quality sleeper sofa because it will not be able to withstand the harsh weather conditions. with a good quality sleeper sofa, you can feel comfortable in your home. Sleeper sofas are affordable and very popular among people who wish to have one of their own.

There are many features that you should consider before purchasing a sleeper sofa, but we will focus on the key factors:

Upholstery

Upholstery is your first concern, as it can make or break the overall look and feel of the room. The majority of sofas on this list are available in a variety of upholstery options to suit your preference and design scheme. Standard material is listed first with leather and microfiber (or other synthetic fabric) shown second

Durability and Quality

I know what you’re thinking, cheap furniture is crap that will break down in a few months; not true. Even if it’s cheap, there’s always going to be something made out of better materials. It doesn’t matter if it’s $50 or $15,000 you should always look at the quality of the construction. Look for solid wood frames and avoid cheap pressed boards & staples especially if you plan on having overnight guests frequently.

Comfort

Even the cheapest sleeper sofas are still more comfortable than sleeping on a futon or air mattress. Look for coil springs, thick cushioning, and firmness options if applicable.

Size Requirements

This is very important because you don’t want to have wasted money on something that’s too big or small for your space. As mentioned earlier sleeper sofas are great because they take up less space than a traditional sofa. For example, a standard size sleeper measures approximately 82″x36″x30″. That means you can squeeze two in the average-sized living room without much problem, but if you have bigger dimensions you might want to purchase one that is larger.

Good Brand

If possible go with well-known brands because they tend to last longer and have better craftsmanship. I would suggest looking at, Amazon Brand and Rivet Revolve vs a random unknown brand that you found on the internet.

Price

As always price is a factor to consider when making purchases but look for a balance between quality and price. It shouldn’t be too expensive or too cheap because if prices are way out of your range then that might be a red flag considering you should never buy something just because it’s cheap. There are lots of great sofas to choose from under $500, so use this buying guide as a starting point to finding the sleeper sofa you want.

Weight Capacity

This is an essential factor to look at when buying a sleeper sofa because you don’t want it to collapse while your guests are sleeping. Different sofas have different weight capacities so pay attention to the details before purchase a sleeper sofa.

Color

This is another factor that might seem unimportant but the color of your sofa matters in terms of design. Some people prefer neutral colors while others want their sofas to be bright and vibrant.

Amount of seats

The number of seats is also very important because it determines whether you’ll be able to fit more than one person on the sofa. For example, most sleeper sofas have 2-3 seats, but if you’re looking for something with at least 4 seats then I recommend searching for a futon or daybed instead.

Quality of construction

Just like with any product you should always lookout for the quality of construction. Look at the parts, fabrics and framing to determine how well it’s been put together or whether there are loose screws that can easily be tightened.

Item Weight

The weight of your item might matter if you plan on buying one online and having it shipped to your house. If so go with something lightweight but sturdy enough because you don’t want something flimsy that will break down after a few days of use.

Type/Style

Not all sleeper sofas are the same, some have different fabrics, styles and designs so make sure it’s what you want before buying.

Sofa Bed Mattress

You should never buy any sofa without checking the mattress because that is one of the most important factors when it comes to comfort. Go with something plush, thick & firm enough to give your guests a good night’s sleep.

Construction Materials

As mentioned earlier you should always pay attention to the quality of materials being used for your sofa, so go with something that has been crafted from solid wood & quality fabric.

Warranty

Warranties are good because it protects you in case anything goes wrong, so always check whether or not there is a warranty on your purchase.

FAQs

What is the right sleeper sofa for me?

There are different types, sizes, and shapes of sofas out there. Think about where you are going to put it in your house, who is going to use it, when they will use it and how often they will use it. Also think about if you need any storage room, or if you are on a tight budget.

Do I have enough space for my new sleeper sofa?

It is super important that you know exactly where you want to put the sofa bed in your home. Be sure to check with whoever is going to be using it as well! If there isn’t enough room for your bedsheets and pillows, then they will end up crumpled on the floor.

How much should I be spending on my new sleeper sofa?

Sofas that are too cheap can be uncomfortable, ugly, or just break down within a few months. But don’t spend more than you need to either! Whether you reading this buying guide for yourself or a gift, the price needs to fit within your budget.

Is my new sofa bed going to have enough storage space?

This is super important if you have a lot of stuff! Some sofas come with drawers and cabinets underneath the mattress. If you need more storage, then it’s a good idea to take a look at all the different sofas out there.

Conclusion

There are many different sleeper sofas out there and they vary in price, color, construction materials, and more. Use this buying guide as a starting point to find the perfect sleeper sofa for your living room.