Cheap Living Room Sets (Under $500) – Our 7 Best Picks

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cheap living room sets under 500 - 7 best picks

Hunting for cheap living room sets for less than $500 can be a tedious task if you don’t know where to look from.

Chances are you’ve already been to a local furniture store or two but didn’t find anything to your liking – or if you did it was way out of your budget.

The problem with this traditional approach is that clearly you have very specific criteria in mind (a cheap living room set for under 500 bucks) and a brick and mortar store will most likely only have a few if any alternatives that match your need due to obvious reasons (physical space, limited customer base).

Luckily we are living in the golden age of online shopping so you can set your sights elsewhere. It’s like a whole new world opens up.

If you don’t find anything you like you can also build your own living room set. We suggest you start with a sectional sofa.

Here’s a quick overview of our picks:

PhotoManufacturerDetailsCheck on Amazon
Harper&Bright Designs 3-Piece Living Room Set BrownHarper&Bright Designs3-seat sofa
Reversible chaise lounge
Storage ottoman
Available in: 2 colors
See details
Poundex Bobkona Dervon Sectional with Ottoman SandPoundex Bobkona3-seat sofa
Reversible chaise lounge
Cocktail ottoman
Available in: 3 colors
See details
Poundex F7855 Bobkona Aria Faux LeatherPoundex Bobkona2-seat sofa
4 pillows
Available in: 3 colors
See details
Harper&Bright Designs 3 Piece Living Room Set BlackHarper&Bright Designs3-seat sofa
Available in: 2 colors
See details
Available in: 2 colors
See details
Poundex One Sectional with OttomanPoundex One3-seat sectional sofa
Cocktail ottoman
Two patterned pillows
Available in: Blue grey
See details
Best Choice Products 3-Seat with Ottoman BlackBest Choice Products3-seat sectional sofa
Available in: 2 colors
See details

Now let’s have a look on them separately. We present your our top picks in the category of…

Cheap Living Room Sets (Under $500)

Generally speaking the options could be divided in two sub-categories: 1) sofas with chaise and ottoman and 2) loveseat and sofa combos but dividing our list even further would not be very practical. Having such a tight budget you will not find combos with more pieces than these. If you want you could always gather your own set from separate pieces, starting with a sofa for example.

Harper&Bright Designs 3-Piece Living Room Set

  • Pieces: 3-seat sofa, reversible chaise lounge, storage ottoman
  • Measurements: 104" L x 71.5" W x 34.5" H
  • Frame: Solid hardwood
  • Sits up to: 4 people, but you can fit 5
  • Available in: 2 colors


If we had to jump into recommending just one living room set without any prior knowledge about your needs, we would choose this 3-piece set from Harper&Bright Designs just for the sake of the cup holders. There are plenty of excellent options on our list but this is a unique feature that differentiates it from the rest. The whole package is just great.

Harper & Bright Designs 3 Piece integrated cup holders

What We Liked

  • We are no manufacturing experts, but overall felt that the solid hardwood frame of the sofa was exceptional. We are expecting quite a long and happy life for this piece
  • Not only is the microfiber waffle suede fabric a pleasure for your skin, it also is stain resistant! We still don't recommend staining your sofa on purpose though
  • The chaise lounge is reversible, meaning that you can place it on the both ends of the sofa, making it more flexible for many living rooms
  • INTEGRATED CUP HOLDERS! Who doesn't love cup holders? This is something that you won't find on a lot of cheap living room sets
  • Available in two colors, both of which are classically stylish - blue grey and brown...

What We Did Not Like

  • ...but the blue grey is actually just grey and it goes a bit over our budget
  •  It's quite narrow in depth, making the sitting stance relatively upright - of course you can lounge on the chaise if you will - it's also on the firmier side though this might change over time

Poundex Bobkona Dervon Sectional with Ottoman Set

  • Pieces: 3-seat sofa, reversible chaise lounge, cocktail ottoman
  • Measurements: 75" L x 34" W x 35" H
  • Cushions: Linen-like
  • Material: Light luxury flannel fabric
  • Sits up to: 3 people
  • Available in: 3 colors

What We Liked

  • Value: a living room set that includes a sectional sofa with a wide chaise and an ottoman for at this price point is a rarity - excellent value for money
  • Reversible: the chase can be switched to either ends of the sofa
  • Wide chaise: The movable chaise is extremely wide and perfect for lying down and relaxing. Both the width and the length of the chaise is more than that of a small sectional sofa set.

What We Did Not Like

  • The fabric: it is a bit rough for our liking, though this will probably grant that it is durable for years to come
  • The cushions: take a while to settle, very firm in the beginning. You also can't flip them as the underside has a different (probably cheaper?) kind of black fabric on them.
  • Only the sand colored version is under $500, the other two colors are more expensive​

Poundex Bobkona Sofa & Loveseat Living Room Set

  • Pieces: 2-seat sofa, loveseat, 4 pillows
  • Measurements: 71" x 32" W x 36" H and 58" L x 32" W x 36" H
  • Sits up to: 2+2 people

What We Liked

  • The style and material: while this is naturally a matter of taste, the matte black faux leather combined with the design of this set gives an incredible look for the set
  • Easy to move and assemble: coming packed in two boxes carrying this set to your living room is not a hassle even if you live upstairs in a house with cramped stairs. The assembly takes about 10 minutes and does not require any particular skills
  • The pillows: dark brown goes exceptionally well with the faux leather

What We Did Not Like

  • Durability: not the best living room set out there in terms of longevity

Harper&Bright Designs 3 Piece Living Room Set

  • Pieces: 3-seat sofa, loveseat and chair
  • Measurements (sofa): 78.7" W x 29.5" D x 34.8" H
  • Measurements (loveseat): 55.1” W x 29.5” D x 34.3” H
  • Measurements (chair): 33.5” W x 29.5” D X 34.3” H
  • Cushions: Foam padded with springs
  • Frame: Heavy-duty hardwood
  • Sits up to: 3+2+1 people
  • Available in: 2 colors

Yes, this set from Harper&Bright is slightly above the the budget, but it would have felt wrong not to include it in our list. Deals like this don’t come around too often.

What We Liked

  • Massive value: just... think about it. A sofa that sits three, a loveseat AND a chair for this price? It's a no-brainer if you're looking for a whole set.
  • Clear instructions, easy assembly

What We Did Not Like

  • Delivery: only curbside delivery seems to be available, meaning that you need to carry the packages inside yourself (hopefully with some help, though)
  • Whether this is a minus or a plus depends on you, but you might want to pick a measuring tape and visualize the size of these. They certainly seem bigger in the pictures than in real life

AODAILIHB Modern 2-Seat Sofa Set

  • Pieces: loveseat, chair
  • Measurements (loveseat): 50.7" L x 27" W x 33" H
  • Measurements (chair): 26" L x 27" W x 33" H
  • Material: artificial leather / fabric
  • Frame: Solid rubberwood
  • Sits up to: 2+1 people
  • Available in: 2 colors

If you are into elegant leather finish and operating on a tight budget look no further. 

What We Liked

  • Elegant exterior: especially the faux leather set looks absolutely stunning for the price - we could very well see them placed in a modern home office for meetings
  • Firm and sturdy: both of the seats definitely feel more expensive than they are
  • The walnut-colored finish on the armrests is simply beautiful

What We Did Not Like

  • Sitting position: it's too upright for a cozy living room, this set is better suited in (home) offices

Poundex One Sectional with Ottoman

Poundex One Sectional with Ottoman
  • Pieces: 3-seat sectional sofa, cocktail ottoman, two patterned pillows
  • Measurements (sofa): 81" L x 60" W x 34" H
  • Measurements (ottoman): 45" L x 26" W x 19" H
  • Material: Soft linen fabric
  • Sits up to: 3 people
  • Available in: Blue grey

What We Liked

  • Reversible sectional: improves versatility of the set
  • Firm but comfortable cushions: nobody likes too fluffy sofas (well, maybe some do?) - usually this is a good sign in terms of longevity

What We Did Not Like

  • No storage space in the ottoman
  • The material seems somewhat cheap and some feedback suggests that it is not the most durable fabric ever made

Best Choice Products 3-Seat With Ottoman

  • Pieces: 3-seat sectional sofa, ottoman
  • Measurements: 84.25" L x 56" W x 33" H
  • Material: Faux leather
  • Sits up to: 3 people
  • Available in: 2 colors

The Best Choice living room set for “eclectic, retro, or chic contemporary” decors is one of the best “bang for your buck” living room sets that we’ve come across. Probably a student favorite, since the material is better suited for wild nights than fabrics.

Overall a great value set with nothing extra fancy or fabulous. 

What We Liked

  • Easy to clean material
  • The faux leather: looks a lot like real leather, which is something we did not expect to see in a cheap living room set
  • Extra wide ottoman

What We Did Not Like

  • A bit too firm for our liking, but surely this gets better once it starts to break in properly
  • Some spots are softer than others due to the frame underneath the cushions, but this is the case with most sofas of the price range - just something to note if you are planning to have somebody sleep on t

What To Look For When Buying?

Let’s dive into some of the factors you should take into consideration when making the decision.


Quite obviously the first and foremost thing you will be looking at is the style and look of the set you are about to buy. While we can’t possibly know your taste and the living room interior that you are about to place the set in there is something worth mentioning here: what pieces do you want in your set?

As there is no clear-cut definition of what’s included in a ”living room set” you need to evaluate what’s best for your needs. Do you want all your pieces to be the same (like two loveseats) or maybe a set with a sofa and a recliner? Just a single big sectional sofa with an ottoman? How many people are you looking to seat? Would you like matching pillows?


Who would have thought that it’s quite important that your furniture fits into your home… Unless your living room is enormous always remember to double check the measurements of all the pieces and make sure that they fit into their desired spots (and through your doors!).

Also remember to have a look at the shipping conditions, most suppliers (Merax and Harper&Bright Designs for example) will only have so-called ”curbside delivery” available, meaning that the product gets delivered to the outside of your house but not any further. You will have to arrange the rest yourself. If you live by yourself or are unable to do this for some other reason you will have to be prepared for the delivery with a few extra hands and muscle.


Polyester, suede, PU leather or something else? Once again this is highly a matter of personal preference and not really up to us to decide what’s best for you.

Feedback & Reviews

This one is important if you’ve found a set that you like from outside our list.

Because you will most likely have no chance to actually test the sofas and/or chairs you are about to purchase you might want to have a look if there are reviews or feedback written by people who’ve previously bought them.

After you’ve seen the sofa and read about the material you will already have quite a good image of the firmness of the seat.

Last update on 2020-07-08 / Affiliate links / Images from Amazon Product Advertising API