Living in a small home or apartment has its pluses, but not when it comes to guest space. Convertible sofa beds are the best choice for those with limited square footage. We’ve gathered 14 affordable sofa beds under $300 that are budget-friendly, stylish, and comfortable.
Affordable Sofa Beds
1. Trupedic Full Size Futon Mattress
My, my! Look at all the color choices you get with this futon mattress! Mozaic’s Trupedic Full Size Futon Mattress fits most standard futon frames and comes in 11 different colors, so you shouldn’t have any trouble matching it to your existing furniture.
Several layers of memory foam padding are used in the mattress for maximum comfort and affordability. It’s also reversible!
2. DHP Hamilton Futon
With extra-thick cushions and a modern, stylish look, DHP’s Hamilton Futon is the dreamiest sofa bed on our list. The unique ribbed cushions make for excellent padding on a guest bed.
Both affordable and multifunctional, this futon is ideal for small homes and studio apartments, but it’s elegant enough to fit in just about anywhere. Add a little bit of luxury to your apartment for under $250 with this prize catch!
3. Fun Furnishings Sofa Sleeper
Kids will love the Fun Furnishings Sofa Sleeper built just for them. At only 10.5 pounds, its lightweight build is easy for even small children to move around.
Kids can use it as a chair in their room, as well as a pull-out sofa bed for their friends when they stay over. As an added safety feature, the foam insert is fire retardant; the slipcover can be removed for washing. This sofa is available in seven different colors.
4. Novogratz Convertible Sofa Sleeper
I’ll bet you haven’t seen a futon with wooden legs before. Although this furniture piece is classified as a sofa sleeper, it certainly has the look and feel of a high quality futon.
The mid-century modern design is quite lovely, with three carefully placed buttons on the backrest and tapered wooden legs evocative of an era long since past. Novogratz Sofa Sleeper also has split-back cushions that let you position the backrest in a variety of ways. Available in three bright colors.
5. Emily Futon Sofa Bed
Say goodbye to stuck-on stains on your Emily Futon Sofa Bed! This modern couch is easy to clean and comes with a luxurious design for cheap.
Unlike other sofas, it makes a cozy place to take an afternoon nap that won’t wreak havoc on your neck and back.
6. Kathy Sleeper Sofa
When that mid-afternoon urge to nap hits, wouldn’t it be nice to take a nap in front of the TV? The Kathy Sleeper Sofa pulls out into a full-size mattress; the couch’s two back cushions serve as pillows, but you can also add your own.
Three layers of foam give you the comfort and support you need for a good night’s rest or an awesome nap. Kathy’s sleeper sofa is available in three vivid colors to add a touch of fun to your living room.
7. Best Choice Faux Leather Futon
Minimalists rejoice! This affordable Futon Couch from Best Choice is modern and stylish without adding extra flair. This multi-purpose lounger with reclining function, removable armrests and middle cup holder provides a clean contemporary aesthetic that’s welcome in any small home.
Its compact size lets it fit neatly into a small apartment or dorm as well, and the price point is the best budget option out of these affordable sleeper sofas.
8. DHP Convertible Futon
Modest and clean, this affordable DHP Convertible Couch Bed is a perfect starter futon. The microfiber upholstery is easy to clean, and the futon doesn’t require tools for assembly.
It fits comfortably into small homes and apartments and acts as a lounger, sofa and guest bed for friends and family when they come over. The ultra-compact design lets it slip into spaces as small as a tiny dorm, and the price is definitely one of the best budget options.
9. Novogratz Leyla Loveseat
This loveseat’s built-in side pockets are almost as exciting as pockets on dresses (ladies, you know what I’m talking about). The Novogratz Leyla Loveseat can be folded down into a sleeper, but its sides also fold down individually so that you can transform it into a lounger.
Made from linen and bearing a weight capacity of up to 400 pounds, this compact loveseat makes a great companion for apartments and other small spaces. Available in seven diffferent colors.
10. Homegear 3-Seater Sofa
Slim and sleek, with beautifully crafted faux leather, Homegear’s Three-Seater Sofa is a charmer. Its compact design lets it slide right into tight spaces like apartments and dorm rooms.
You can use it as a regular sofa (it is quite spacious) and a guest bed for when you have friends and family over. The back folds down to create a twin mattress. When not folded down, the space behind the couch is great for discreet storage. Available in black, brown and cream.
11. Divano Roma Splitback Futon
The clean modern design on this futon sofa bed simply pops out at you. Outlined in white, with cylinder pillows and a bold purple color scheme, an affordable sofa bed this stylish is a steal. It’s hard to believe it’s under $250!
Divano Roma’s Splitback Futon comes with a split-back and neatly tufted cushions for a comfortable lounging experience.
12. Best Choice Futon Couch
Armrests on a futon are not something you come across very often, especially one as modern and affordable as the Best Choice Futon Couch. It even comes with throw pillows!
You get your choice of nine vibrant color options, and the sofa comes with classy tufted cushions and a split-back. Two additional steel legs give added support to the frame and mattress for a more comfortable experience as a guest bed.
13. Devon Loveseat Sleeper Sofa
The Devon Loveseat Sleeper Sofa folds out into a twin size mattress made from memory foam to cradle you in blissful slumber the whole night long. Give your guest the good night’s rest with this comfortable sleeper sofa from Signature Sleep.
The memory foam mattress molds perfectly to the human body to support the spine, and the twin size mattress gives plenty of space for one person! A queen size of this sleeper sofa is also available, and both come in either blue or grey linen colors.
14. Best Choice Reclining Futon Sofa Bed
The ultra modern design on this affordable sofa bed will blind you with its brilliance. Along with a split-back, Best Choice’s Comfortable Futon has smooth PU leather cushions and chrome legs that shine with elegance.
Although futon couches have a reputation for being rather stiff, this sleeper sofa is quite cozy as a guest bed. It’s also a great space-saver in college dorms and small apartments.