12 Stylish Loveseats We Love Under $500

updated Jul 27, 2023
We independently select these products—if you buy from one of our links, we may earn a commission. All prices were accurate at the time of publishing.
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We love to hunt for budget-friendly furniture, and over the years, we like to think we’ve improved at sniffing out bargains and spotting luxury pieces at low-budget prices. Or maybe great furniture deals have just gotten easier to find — who’s to say? Either way, we tend to prioritize our furniture searches with small living spaces in mind, which is why we are big fans of loveseats.

A younger cousin to the sofa, loveseats provide seating solutions for even the tiniest of homes and are generally much less expensive than their full-size counterparts. In the past, loveseats were mainly thought of as part of furniture sets, but nowadays they are an increasingly popular option on their own. So we did what we do best and scoured the internet for the best loveseats under $500 and were pleasantly surprised at all these attractive options. Check out our 12 favorite finds below — you’ll be amazed at the style and quality you can get on a budget.

1 / 12
Wayfair
$285.99
was $300.00

Keep things streamlined with this linen-upholstered piece that complements a wide range of styles; the simple design just means that it's a blank canvas for whatever you want it to be. Add colorful patterned throws for a boho look or go classic with a chunky ivory blanket. The best part? It comes with two integrated USB ports for lounge-friendly charging.

2 / 12
Wayfair
$509.99
was $785.01

For a distinctively mid-century modern style, consider this retro loveseat from Wayfair. With sharp angles, an exposed wood frame, and stain-resistant upholstery, this piece makes a real statement without going overboard. Add a few throw pillows to soften the edges and pair it with a fun rug to add an eclectic vibe.

3 / 12
Wayfair
$239.99
was $499.50

Beautiful square arms and an under-$400 price tag? Yes, please! This mid-century number certainly deserves a spot on our list of favorites. While it’s on the smaller side, it could make a lovely addition to a bedroom or home office. Why hunch over a laptop at a desk when you can get comfy on a sofa?

4 / 12
Amazon
$297.50
was $514.50

Love the Chesterfield style but don’t have the space (or budget) for a full-sized sofa? This loveseat from Amazon is the answer. Compact yet sophisticated, it has a rounded back and tufted design that’s totally inviting. Keep it in your office to create an old-school library vibe or set it up in your living area as a small-space seating solution.

5 / 12
Wayfair
$329.99

The curved arms and tufted backing on this piece give it a cool Art Deco vibe — but with a mid-century twist. At well under $500, it's an amazing deal, too. Reviewers are pleased with its easy assembly and sturdy composition, and you'll love the five different upholstery color options.

6 / 12
Wayfair
$355.99

Get the luxe look of leather without the high price tag when you purchase this faux-leather loveseat. It's the ideal choice for warming up a small space, especially when paired with a faux-fur blanket (or two). If velvet or linen upholstery just isn't for you, this sofa is a fantastic alternative.

7 / 12
Amazon
$273.99
was $320.53

This attractive loveseat has a lot going for it: style, character, and an affordable price. Plus, who can resist that gorgeous blue color? It has a surprisingly deep seat that’s perfect for layering a few throw pillows and it makes any space feel more grown-up (no matter how small). If you want a more neutral option, it’s also available in gray.

8 / 12
Wayfair
$309.99
was $389.99

Ready to feel swanky? This velvet-and-brass Wayfair loveseat will shine — literally — in any space and add a mod touch to even the smallest of living rooms. Depending on how you style it with throw blankets and pillows, the rose velvet color can look more old-school upscale or playfully sophisticated.

9 / 12
Wayfair
$224.99
was $399.50

Wayfair is a top destination for shoppers looking for impressive furniture on a budget, and this loveseat is exactly why. Priced under $300, it's one of the most budget-friendly pieces on this list. It's an especially excellent choice for a first apartment or a space that gets a lot of traffic.

10 / 12
World Market
$699.99

There's a lot to love about this World Market piece, from the sophisticated camel color to the classic channel tufting. It's perfect for the minimalist or neutral-color lover who doesn't want a white sofa, but you can easily add some fun with bright throw pillows. Plus, it's extra soft thanks to the velvet-like fabric and looks super luxe for the price.

11 / 12
Wayfair
$339.99
was $459.99

There's a lot to love about this Wayfair piece, from the sophisticated gray color to the classic button tufting. It's perfect for the minimalist or neutral-color lover who doesn't want a white sofa, and you can easily add some fun with bright throw pillows. Plus, it's extra soft thanks to its smooth upholstery and looks super luxe for the price.

12 / 12
Wayfair
$389.99
was $449.99

Retro design lovers will swoon over this mint-hued loveseat from Wayfair. With a playful silhouette and extra-plush back, it's equal parts design-forward and comfortable so you can bring the best of both worlds to your living room.

Nicole Lund and Sarah M. Vazquez also contributed to reporting.