10 Stylish Sofas You Can Snag on Sale for Less Than $500

updated Dec 29, 2020
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If there’s one item in your living space worth investing in, it’s a good sofa. From functional kid-friendly picks to designs that make a statement (camelback couch, anyone?), the right sofa can truly make or break a space—a lesson many of us learned this year. Luckily, with all of the great clearance sales going on, now’s the perfect time to get a great deal on the ultimate upgrade. In fact, there are a slew of affordable sofas on sale, including sleepers, sectionals, and small-space-friendly finds, that cost less than $500 (one is $260!). Check them out below.

1 / 10
AllModern
$376.00
was $549.05

This chic, small-space convertible sofa features a mid-century design and an easy-fold back that converts the stylish piece into a twin bed in seconds.

2 / 10
Wayfair
$449.99
was $865.00

If you're looking for a sign that it's finally time to get that green velvet sofa you've been eyeing all year, this is it. The Imani Velvet sofa has button-tufted seats, square arms, and a smooth, velvet upholstery that will make any space feel more luxe. It comes in pink, green, mustard, royal blue, tan, and gray, and at under $400, this beauty is a bona fide steal.

3 / 10
Walmart
$425.26

Straight from everyone's favorite home-reno team, this trendy sofa (available in camel leather and green velvet) is both an attention grabber and a multi-functional must-have with a split-back design that easily alternates between sitting, lounging, and sleeping positions.

4 / 10
Joss & Main
$420.00
was $500.99

Availalbe in light grey and beige, the Andavion sofa features beautiful angled back cushions, rolled side cushions, and exquisite rolled arms. Its piping details and angled legs provide the perfect finishing touches.

5 / 10
AllModern
$329.99
was $519.00

Available in a range of trendy colors, the Novogratz Brittany sofa is a statement piece that's ideal for small spaces. The gorgeous tufted back can be lowered to convert it into a comfy futon.

6 / 10
Target
$431.99
was $539.99

For a pick the whole family will love, try this sofa from Christopher Knight Home. Featuring soft, thick cushions, classic tufted lines, and a simple square shape, it's ideal for cozy movie nights.

7 / 10
Wayfair
$359.99

Classic curves and modern touches make the Andrey sectional a great addition. It has an ottoman for extra storage and versatility, and is available in four colors. Best of all, at less than 80 inches wide, it's also suitable for small spaces.

8 / 10
Amazon
$259.99
was $349.99

At just under $260, the Grayson sofa from Lifestyle Solutions is the most affordable option on this list. But thanks to its real wood frame, microfiber upholstery, and high-density foam cushions, it's anything but cheap.

9 / 10
Wayfair
$299.99
was $1299.99

Looking for a brag-worthy deal? Scoop up the Bjorn Settee fast. Currently 77 percent (!) off, this small-scale seat has rolled arms and a tufted back that will lend an elegant touch to your living area or bedroom.

10 / 10
Wayfair
$369.99
was $459.99

With its simple silhouette and distressed leather, the Becknell sofa offers classic mid-century charm. Its clean, square design, is supported by a solid wood frame and well-padded cushions to ensure it lasts a long time.