It doesn't matter if you live in a tiny studio apartment or legit grown-up home, a great sofa [1] is a must have for any space. (After all, where else do you expect to take Zoom calls, watch Hulu, and bond with your besties over a great glass of vino [2]? I rest my case.) Problem is, couches can get expensive fast — and I'm talking a month's rent kind of expensive. In fact, a simple sofa can be so pricey that you might even reconsider getting one in the first place.
The good news is buying a couch doesn't have to be a zero-sum game between you and your wallet. Turns out, Target has a bunch of great sectionals, loveseats [3], and sleeper sofas [4] that are cute and reasonably priced. Don't believe me? Take a gander at these 12 standout styles, all of which can be yours for $500 or less. I know, a couple hundred dollars isn't exactly chump change. But compared to the thousands many models do cost, you'll be sitting pretty knowing you scored a great deal.
Midcentury Marvel: Christopher Knight Home Jalon Sofa
With wooden paneling and a boxy silhouette, this Christopher Knight Home Jalon Mid Century Modern Sofa [6] ($394-$456) would definitely get Don Draper's seal of approval.
Very Versatile: Novogratz Bailey Pillow Back Sofa
Home-decor trends can come and go faster than you can say "terrazzo." If you want an affordable couch that will hold its own against the changing tides, this Novogratz Bailey Pillow Back Sofa [7] ($400) has you covered.
Pint-Size Sofa: Serta 73" Copenhagen Sofa
Serta might be known for its mattresses, but did you know the brand also makes sofas? Clocking in at 73 inches, this Copenhagen Sofa [8] ($328-$452) will be a great fit for small spaces. (Pun intended.)
Snooze in Style: Best Choice Products Split-Back Futon Sofa
Want to have your living room double as a guest room? This Best Choice Products Split-Back Futon Sofa [9] ($300) will transition nicely from day to night. Being a host with the most has never been so easy.
Antique Dupe: Novogratz Vintage Tufted Sofa Sleeper
The Novogratz Vintage Tufted Sofa Sleeper [10] ($400) oozes so much old-school elegance, your guests will think you found it at an antique shop. But in reality? It was $400 at Target.
Happy Medium: Christopher Knight Home Duluth Mid Century Tufted Sofa
They say three's a crowd, but this Christopher Knight Home Duluth Mid Century Tufted Sofa [11] ($392) would suggest otherwise. With enough room for three people, it's essentially the Goldilocks of affordable sofas: not too big and not too small.
Luxe Leather: Lucid Comfort Collection Futon Sofa Bed
Have Champagne taste on a Natty Light budget? This Lucid Comfort Collection Futon Sofa Bed [12] ($378) only looks fancy. Fortunately, this pick is available at Target for under $400.
Cute Colour: Modway Revive Performance Velvet Sofa
Calling all maximalists: this Modway Revive Performance Velvet Sofa [13] ($500) gives you full permission to embrace your bold side. This pick is available in a bunch of fun colours, like this oceanic teal.
Room Essentials Faux Leather Futon Sofa
Decked out with a handsome faux leather, this Room Essentials Faux Leather Futon Sofa [14] ($340) is pretty and practical in equal measure.
Trendy Treatment: Modway Prospect Channel Tufted Performance Velvet Loveseat
Between the light-pink hue and curvy shape, this Modway Prospect Channel Tufted Performance Velvet Loveseat [15] ($460) has "cool" written all over it. Trust me, it'll receive tons of compliments from both guests and Instagram friends.
Easy Breezy: Lexicon Damala Collection Retro Inspired Love Seat Couch
Up your home's chill factor with this Lexicon Damala Collection Retro Inspired Love Seat Couch [16] ($315). The wooden arms, rust upholstery, and pared-back silhouette will add a laid-back vibe to any room.
Stylish Sectional: Best Choice Products Linen Sectional Sofa
As this Best Choice Products Linen Sectional Sofa [17] ($400) proves, it is possible to buy a sectional for under $500. It's decked out with a chaise lounge, so you can kick back and relax in style — without blowing your budget.