The 17 Best Platform Beds Under $500

updated Dec 13, 2023
Apartment Therapy received compensation for this post, which was written and edited independently by our editorial team.
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Credit: Minette Hand

When it comes to decorating your bedroom, there’s one piece of furniture that’s inarguably the star of the show: your bed. And if you want a bed that looks streamlined, is easy to assemble, and boasts ample under-bed storage, a platform bed is your best bet.

One of the most popular styles around, platform beds are typically some of the most affordable designs on the market. As experts in the home and design space, we know a thing or two about the best places to buy a bed. So, to kick off your shopping adventure, we went ahead and rounded up 17 of the best platform beds under $500 — because a great bed doesn’t have to break the bank.

Do you have a platform bed that you swear by? We want to hear all about it! Tell us about your favorite finds in the comments below!

Note: All prices listed are for Queen size.

1 / 17
Amazon
$239.99

While some people prefer their bedrooms to remain relaxed and tranquil, others look at it as an opportunity to create a space that is bold and uniquely them. If you're the latter, this vibrant citron bed from Amazon is just the stunner you need. The tall back and wing side panels will make such a statement in your bedroom, you won't need much else in the way of decor.

2 / 17
Home Depot
$569.99

If storage in your bedroom is at a premium, shopping for pieces that do double (or even triple) duty is a must. This unique platform bed does just that — at face value, it looks like a luxe tufted design that would bring comfort and beauty to your bedroom, but one quick look underneath reveals a convenient lift-top frame that allows you to store off-season clothes and other extras out of sight.

3 / 17
Wayfair
$199.99
was $649.99

How gorgeous is this wingback platform bed?! Available in five chic hues — including yellow, burnt orange, and turquoise — this linen bed features a straight headboard with curved sides, a finished back, and tapered black legs for a sleek, modern vibe that looks way more expensive than it is.

4 / 17
Amazon
$158.09
was $169.99

Who doesn't love a green velvet moment? With its rich upholstery and eye-catching channel tufting, this bed adds an elegant touch to any bedroom. Choose from three sizes and four stylish shades to cater your pick to your dream bedroom design scheme.

5 / 17
From our partner
Walmart
$375.00
was $619.99

If there's anyone we'd trust to style our bedroom, it's the Fab Five, so it shouldn't be too much of a surprise to hear that Queer Eye's eponymous Walmart collection is home to one of our (and the internet's) favorite platform beds. The Farnsworth bed comes upholstered in a gorgeous navy linen fabric and features a modern button-tufted headboard that adds just the right amount of visual interest. The end result? A bed that's as fierce as they come.

6 / 17
Wayfair
$375.99

For those looking for a classic wooden platform bed, the Buhr Bed is one of our favorites. We were immediately struck by this sleek, MCM-inspired beauty, particularly the panel headboard and tapered dowel feet, which result in a timeless look that perfectly balances traditional and modern design.

7 / 17
Wayfair
$147.35
was $363.00

Metal platform beds don't always get the most love, but one look at this Novogratz beauty and it's hard not to become smitten. With round finials featured on both the headboard and footboard, this bed is the definition of chic. We're partial to the dramatic look the black lends but if dark and moody isn't your thing, you can also opt for the frame in gold, lavender, or pink.

8 / 17
Wayfair
$229.99

We love a bed with some personality, and this Union Rustic find is just that. This unique piece has a bunch of features we love, including a smooth, unfinished frame that's perfect for customization (easy to paint!), a low-profile design, and the ability to fold in half, which makes moving it, ahem, a dream.

9 / 17
Wayfair
$320.00

Clean lines, bold black details, and an upholstered headboard make the Aquavia platform bed one you don't want to miss. A minimalist dream, it also offers 10 inches of clearance below, making it a great option for anyone looking for extra storage space, too.

10 / 17
Wayfair
$439.99
was $629.99

Looking for a floating platform bed but not looking to spend thousands of dollars? The Aristocles bed is perfect for the budget-friendly shopper who gravitates toward fresh shapes and silhouettes. With a warm walnut finish and center support that lifts the bed off the floor, there's so much style to love.

11 / 17
PB Teen
$799.00

There's nothing better than a bed with a standout element; on the Bellevue platform bed, it's the legs. With intricate turned details and a French Country-inspired finish, this bed comes loaded with charm. It'll last you forever too, thanks to its sturdy pine and poplar wood construction.

12 / 17
Wayfair
$234.99
was $299.99

Curved furniture is all the rage right now, so when we saw the Azaiyah upholstered bed from Wayfair, we had to show you! The muted teal hue and faux leather details make it perfect for creating a zen sleep space, while its curved elements add a softness that's comforting and enveloping.

13 / 17
Wayfair
$262.87
was $435.00

The Eastford platform bed is a Wayfair favorite, and it's easy to see why. Sleek modern lines make it easy on the eyes, while the tapered legs and globe finials on the headboard only add to its impeccable style. P.S. The tall height of the headboard is especially great for rooms with tall ceilings.

14 / 17
West Elm
$419.99
was $599.00

Finding a West Elm bed under $500 is a rarity, but this stylish piece grants you just that. Boasting clean lines and vintage charm, this frame features an iconic ‘50s and ‘60s furniture silhouette that makes it a timeless addition to any space.

15 / 17
Amazon
$293.99

Okay, now this is a storage bed! Budget-friendly and equipped with — count 'em — four storage drawers, this bed features a button-tufted and square-stitched finish for a classy find that'll look like a major splurge (the real price can be our little secret).

16 / 17
Wayfair
$277.13
was $781.00

For those with a taste for luxury, allow us to introduce you to the Daphne bed from Mr. Kate. Wrapped in sumptuous grey velvet upholstery, this bed features delicate channel tufting on the headboard and brass tapered legs that just scream glamour.

17 / 17
Amazon
$243.99
was $269.00

Calling all industrial fans — we found the bed of your dreams. The Suzanne bed from Zinus is made from genuine solid wood with a gorgeous natural wood grain and durable steel frame for a bed that's in a league all its own.