Whether you have just moved into a new home or trying to refurnish your current one, it is safe to say that the first thing you should be looking for is a nice and comfortable sofa set.
Not only is it essential for most rooms in your house, but it will also give you somewhere to crash onto while the rest of your house is still unfurnished.
Other than its practicality, a nice and comfy sofa or loveseat adds personality to your home, attracting guests instantly with its cozy and inviting aura. It is only obvious that guests are more likely to enjoy their stay at a home full of comfortable lounging areas.
While decorating your house with cozy, high-quality sofas and loveseats, you also want to remember to stay on a budget so that you can buy other accents or furnishings for your home.
That’s exactly why you are in the right place because we have compiled a list of 12 beautiful, modern, and high-quality sofas and loveseat sets which are all under $500 only!
**Disclosure: As an Amazon Associate I earn from qualifying purchases.
Sofa And Loveseat Sets Under 500
Best Sofa And Loveseat Sets Under 500 Dollars
Keep on reading to find out where you can buy them and all their details including their pros and cons.
1. Serta Palisades – Beige Loveseat
We’ll start with this classic beige loveseat by Serta Palisades which is the couch of the dreams of anyone who’s looking to add the perfect modern, chic, and textured finish to their home.
Serta Palisades Upholstered Sofas for Living Room Modern Design Couch, Straight Arms, Soft Fabric Upholstery, Tool-Free Assembly, 61" Loveseat, Beige
The design is simple and straightforward, while the ribbed texture of the cushions’ material adds personality to the couch. It comes in a modern and simple shade of beige, making it perfect to match a living area of any color scheme. What’s more important is that it comes in 3 different sizes for you to choose between, depending on where you live. The first is the 61-inch loveseat, which is perfect for small living spaces like dorm rooms or studio apartments. The other two are sofas of 71 inches and 78 inches, which are ideal for larger living spaces like houses with spacious lounging areas.
- Easy to assemble without the use of any tools
- Sturdy design based on high-quality hardwood structure
- Modern, classic, and minimalistic appearance
- Easy to stain due to the light color
- Does not fit more than two people
2. Zinus – Dark Gray Couch
The second one on our list is this gorgeous dark gray couch by ZInus, which is the perfect mix of bold, modern, and classy. The deep shade of gray is an eye-catching choice and quite possibly our favorite, but it’s not the only color this beautiful couch is available in. The versatile sofa comes in 4 other gorgeous shades, such as beige, chestnut brown, Lyon blue, and soft gray, which are all ideal choices for classy furniture.
Zinus Ricardo Contemporary Upholstered 78.4 inch Sofa / Living Room Couch, Dark Grey
$584.00 in stock
You can take your pick according to what fits the color scheme of your living space best. The contemporary design of this couch features sturdy back support, flared armrests, and soft cushions. This 79-inch sofa is just big enough to accommodate 3 people and fit snugly in your lounging area. The woven fabric is admirably soft and the foam in the cushion is the perfect mixture of sturdy and soft so that you don’t instantly fall into the sofa the moment you sit down.
- Easy and tool-free assembly
- Strong frame wrapped in supportive foam cushioning
- Chunkier silhouette
- Takes up more space than most loveseats
3. REALROOMS – Black Linen Sofa
This next pick is a classic black linen sofa by REALROOMS, with a contemporary twist. With a design so modern and sleek, this couch is ideal for anyone who prefers to give their home a more modish finish.
REALROOMS Euro Loveseat Futon, Reclining Sofa and Couch with Magazine Storage Pockets, Black Linen
The graceful, geometrical, and smooth appearance of this sofa would look best on a tiled floor. Other than its beautiful look, it’s also quite practical and versatile as the armrests of this sofa can recline according to your liking into a sleeping position.
Whether you want to get comfy while watching your favorite TV show or take a quick nap, or a guest needs a comfy place to crash during their stay, this couch is the perfectly practical and cozy option for you. When it comes to size, it’s 64.5 inches and fits perfectly in small living spaces.
- Multi-functional and versatile
- turns into a sleeping position easily
- Sleek and modern design
- Lightweight and easy to move around
- Magazine storage pockets
- Black linen catches dust easily
- Metal legs can scratch hardwood floor
4. Linen Armless Settee
Small in size with only 44.5 inches in length, this settee is truly the perfect sitting area for your dorm room or studio apartment. It’s even compact enough to put in the reading corner of your bedroom or lounge.
Cushioned Linen Armless Settee Loveseat Sofa Couch Home Casual Living Room Sleeper (Beige Pattern)
The upholstered sponge and linen material is soft, comfortable, and adds perfect support for your back. The contemporary design comes in many different colors, including blue, green, orange, and light gray, which you can choose from according to your desired color scheme.
One thing to keep in mind is that you can buy matching seats with this settee to complete the set around your coffee table and create the perfect lounging area. The sturdy frame of this modern and classy settee supports up to 450lbs of weight and is the perfect spot for an afternoon nap.
- Sturdy and comfortable
- Contemporary and minimalistic design
- Available in many colors
- Available with matching pair of seats
- Does not have armrests
- Very firm cushions for those who like softer seating
5. Modway – Faux Leather Loveseat
This faux leather loveseat by Modway is perfect for those who like a mix of vintage and modern in their furniture to create a perfect classic design that stays in trend forever.
Modway Prospect Upholstered Contemporary Modern Loveseat In Tan Faux Leather
This sofa is high in quality and is made from 100% polyurethane and faux leather to give it that ideal, timeless finish. The diamond tufting along with inset buttons and gorgeous faux leather add character and that vintage and luxury touch to your otherwise modern and minimalistic home in the most fitting and trendy way.
49 inches in size, this loveseat is not too small yet not too big either, making it the perfect addition to your lounging area. It’s also versatile and fitting for any color scheme as this sofa is available in 4 different colors; tan, black, navy, and brown, with tan being our favorite.
- Tailored and classy profile
- Eco-friendly, made from vegan leather
- Sturdy wooden legs with non-marking caps
- Faux leather is not tear-resistant and loses luster quickly
- No sectioning in cushions
6. Signature Design by Ashley – Contemporary Gray Loveseat
This contemporary gray loveseat from Signature Design by Ashley is a safe and simple option for those who like to keep their furniture minimalistic and traditional without any bold or over-the-top designs.
Signature Design by Ashley - Tibbee Contemporary Upholstered Loveseat, Gray
$279.99 in stock
The classic design is straightforward and uncomplicated, making it ideal if you want your couch to blend it with a dark color scheme. Not only is this available in a compact loveseat size, but it also comes in a full sofa sleeper for larger living spaces while the loveseat is ideal for a bedroom, dorm room, or studio apartment.
The best part is that this sleek and chic sofa/loveseat comes with coordinating pillows to add even more to the cozy feel of it.
It is also extremely convenient as Signature Design by Ashley assembles this loveseat before directly shipping it to your home so that you don’t have to. The high-quality foam and cozy polyester upholstery add perfect comfort for you to lounge in.
- Modern and simple design
- Arrives already assembled
- Comes with co-coordinating pillows
- Lightweight and easy to carry
- Not any
7. Christopher Knight Home – Velvet Chesterfield Loveseat
This Chesterfield loveseat by Christopher Knight Home is perfect for those who prefer more vintage and luxurious seating styles over the contemporary and modern you usually see today.
Christopher Knight Home Melaina Grey Tufted Rolled Arm Velvet Chesterfield Loveseat Couch
$369.99 in stock
The velvet upholstery gives it the perfect lush finish and will add a sophisticated and elegant touch to your bedroom or living space.
The details of luscious velvet, elegant scroll arms, classic tufting that looks straight out of a period film, beautiful studs, and sophisticated turned legs give this loveseat even more personality and flair.
Add the perfect gothic and glamorous furnishing to your house with rich gray Chesterfield loveseat that is the epitome of all things luxurious and breathtaking.
- Luxurious and antique style
- Lightweight and easy to move around
- Baroque aesthetic adds character to your home
- Velvet gets matted easily
8. Homelegance – Bonded Leather Couch
When you can’t come to a conclusion about the type of sofa you want in your house, a classic bonded leather couch is the perfect go-to option, and this one by Homelegance is our top recommendation is that department.
Homelegance Rubin 63" Bonded Leather Loveseat, Dark Brown
This couch has a simple and timeless design and goes with just about any color scheme or theme of the living area. The high-quality upholstery is a mix of leather, polyester, and cotton, making it both soft and relaxing.
The cushion provides comfortable support for your back and legs without being too firm or too soft. 63 inches in length, it’ll fit snugly even in small living spaces but will look best in larger living spaces with the matching sofa and chair available to complete the set.
The armrests also provide cushioning for ultimate comfort and it’s also worth noting that this couch comes in 3 different colors; dark brown, chocolate, and black.
- Classic and simple design
- Only minor leg assembly required
- Available in 3 different colors
- Matching sofa and chair available
- Bonded leather gets torn quickly
- Expensive to repair
9. Kingway Furniture – Red and Black Loveseat
For those looking for a unique pop of color to brighten up your living space modishly, this red and black faux leather loveseat by Kingway Furniture is the perfect one for you.
Kingway Furniture Montac Faux Leather Living Room Loveseat - Black/Red
The design is rare yet still classy as the faux leather gives it the perfect finish of luster and the two-tone colors add character.
It’s comfortable, stylish, and modern; what more could you want in a loveseat?
The best thing about this sleek loveseat is that, due to its reclined armrests, it’s ideal for when you just want to lean back and take a quick afternoon nap.
Only 59 inches in length and 73 pounds in weight, this sofa is small and easy to carry around while also being ideal for congested living spaces like dorm rooms or studio apartments.
- Modern and unique design
- Perfect for sleeping
- Lightweight and easy to move around
- Steel legs might scratch hardwood floors
- Faux leather tears easily and isn’t durable
- Faux leather loses luster quickly
- Assembly required
10. Christopher Knight Home – Beige Traditional Chesterfield Couch
This is another Chesterfield couch by Christopher Knight Home that we’d highly recommend, mainly due to its traditional attractiveness that no one can deny.
Christopher Knight Home Karen Traditional Chesterfield Loveseat Sofa, Beige and Dark Brown, 61.75 x 33.75 x 27.75
It’s a classic, timeless piece that is jaw-dropping in any era, and reminds us of the luxurious Victorian times.
The details are what make this couch so gorgeous; the nail head accents, scroll arms, deep button tufting, turned legs, and subtly patterned polyester upholstery adds personality and sophistication to this sofa without a doubt.
The individual seat cushions are plump and comfortable with a slight bounce that everyone loves in their couches and accommodate 3 people snugly.
The sofa is 61 inches wide, making it the perfect size for an average living space as it’s not too small but not too big.
The polyester upholstery is comfortable and durable while the deep button tufting prevents heat from gathering up as it allows space to breathe while you’re resting and keeps the couch cool.
- Vintage and sophisticated design
- Luxurious deep button tufting
- nailhead accents, scroll arms, and turned legs
- Beige is easy to stain
- Might be too heavy to move around with ease
11. Mainstay – Mini Memory Foam Sofa
If you’re looking for a small sofa for your studio apartment, there couldn’t possibly be a better option for you than this mini memory foam sofa by Mainstay.
Mainstay Sofa Sleeper with Memory Foam Mattress | No-Tool Easy Assembly (Grey)
It’s small in size as it is only 57.1 inches in length and weighs less, making it easy for you to move around your apartment with no hassle. However, that’s not the best part.
This small loveseat turns into a spacious bed whenever you want!
The memory foam mattress which ensures ultimate comfort comes out in just one go with ease for when it’s time to sleep. That means you won’t need to have a bed taking up all the space in your studio apartment as this loveseat will serve both as a couch and bed. Plus, its plywood frame is sturdy and holds up well and reliably.
- Sturdy plywood construction
- Memory foam sleeper mattress
- Turns into a bed instantly
- Tool-free easy assembly
- Ideal for small living spaces
- Faux wood catches dust easily and is not that durable
- Chunky silhouette
12. Zinus – Classic Beige Living Room Couch
Last but not least, this classic beige living room loveseat by Zinus is a simple and minimalistic go-to option when you can’t decide just what sofa to buy.
Zinus Josh Traditional Upholstered 77.5 Inch Sofa/Living Room Couch, Beige Weave
The muted shade of beige goes ideally with any color scheme and brightens up your living space without being too over the top.
Not only is it available as a comfy 56.3-inch loveseat, but it’s also available as a family-friendly 77.5-inch sofa which can snugly accommodate 3 or more people.
The sturdy and reliable wood frame holds up well and the upholstery is soft and durable with supportive foam cushioning underneath.
Although it doesn’t come assembled, the assembly is quick and easy as it can be done under 20 minutes with the help of a friend and no tools required.
All the parts required to assemble your sofa are shipped smartly and safely in just one box. Overall, this sofa/loveseat by Zinus is a timeless piece that goes well in any color scheme or with a person of any preference.
- Minimalistic and simple design
- Tool-free easy assemble
- Available both as a sofa and loveseat
- Durable upholstery
- Beige stains easily
- The sofa might be too heavy to move around
Now that you’ve read all the descriptions, pros, and cons given by us about these 12 high quality yet affordable sofas and loveseat sets, you can easily determine which one is fitting for you and your home. Head over to Amazon through our given links to shop some modern and cozy sofas and loveseats at a reasonable rate to add personality and comfort to your home.