Looking for Furniture for Under $500 During Way Day 2024? These 12 Picks Look More Expensive Than They Are

The best part about this sofa (aside from its midcentury modern design)? It features a multi-position split-back, so it can convert from a loveseat to a sleeper with an easy push-and-pull motion. And as if that weren't enough, many buyers say the faux leather feels as soft and smooth as it looks: "The couch looks great. It was easy to put together and operates well to fold down. The material is also a much higher quality than I was expecting. I have a cat with sharp nails, and there’s zero damage to the couch," one Wayfair reviewer shares.

With a modern silhouette and mixed metal materials, this dining table is guaranteed to add some glam to an eat-in kitchen. It's crafted from a blend of engineered wood—available in white, black and walnut finishes—while the gold metal base makes it a luxurious statement piece. Plus, the table measures only 45 inches wide, so it's great if you need to seat four people in a compact space.

With more than 1,300 five-star reviews, you'll be hard-pressed to find a higher-quality sectional at this price point. The cushions are not only filled with foam—and supported by coil springs for an extra bouncy feel—but the sturdy wooden frame is also engineered to last. Take it from one Wayfair reviewer, who raves: "I was skeptical because of the price and how this sectional arrives in just two boxes, but wow, I am pleasantly surprised! This couch is comfortable, big, stylish, and seems very sturdy. Absolutely thrilled."

For months, I've been seeing the same leather bar stool pop up on Instagram (at a price point I wasn't willing to pay). That's why I'm grabbing one of these sets of two while the stools are a whopping 61 percent off. Not only does the bucket seat come upholstered in foam-filled faux leather but it also features on-trend stitched details that nail this year's quiet luxury look. Bonus: You can choose between two heights (counter or bar) and a black or gold finish for the sleek metal frame.

Sticking with the theme of designer dupes: While I loved the Anthropologie Havana chair, I wasn't so jazzed about the $1,500 price tag. Luckily, this chair is a similar faux-leather version—and clocks in at just under $215. It takes a contemporary approach to a traditional leather reading chair with four upholstery finishes—and it has a deep, 30-inch width that’s perfect for snuggling up. “It’s very comfortable and sturdy. The seat is also longer than it looks online, so you can lean back in it, even curl up, too,” one Wayfair reviewer writes.

This chic mid-century modern dresser comes in five different colors, but I'm definitely partial to this gorgeous caramel hue, which really shows off the grain. The bottom four drawers are deeper than the top two, and all six combined give you plenty of storage room for sweaters, linens or anything else you want neatly tucked away.

If you dream of having a mini bar that you can wheel from the living room to the patio, look no further than this modern-meets-French-country number. It has an indoor/outdoor design woven from durable polyurethane—and its geometric pattern is purposefully distressed for a vintage-inspired look. It also features a two-tier design with a removable top shelf that doubles as a serving tray (aperitifs and appetizers have never looked chicer). Bonus: The caster wheels make it easy to move around and they feature locks that keep the cart from rolling away.

Whether you have a TV in the living room or not, you may want to consider scooping up this mid-century-inspired console table anyway because it's super durable, thanks to its solid and engineered wood design with tapered dowel legs. At 14 inches deep and 71 inches long, it's just the right size to house your plants, candles, books and an up to 65-inch TV.

I love a stain- and scratch-resistant wood coffee table, but above all, I'm obsessed with this storage-friendly design. The round shelf offers ample room to display coffee table books and candles while the bottom allows for storage trays (and anything you'd like to keep hidden). The two wooden panels are also built to last with high-quality wood and a frame that's constructed from powder-coated metal.

You can fill that lonely corner in your living room with this V-shaped, manufactured wood table. You won't regret it, since it's warp-resistant, only protrudes 17 inches from the corner and has two soft-close doors with adjustable metal hinges.

More than 3,000 reviewers agree that this manufactured wood coffee table is worth ditching your old one for. Not just because it holds up to 100 pounds, but because it's spacious (spanning 18 inches tall, 40.125 inches long and 22 inches deep) and its timeless design ensures you'll love it for years to come.

Finally, another comfortable accent chair you'll want to snag while it's up to 40 percent off. Besides the soft, supportive cushions and 22 upholstery options, parents will most appreciate this armchair's reversible cushions, which are easy to clean (just use a moist cloth). One Wayfair reviewer with three kids reports: "I've had it for almost 6 months...kids and a dog means things get messy, and I've loved the ease of cleaning the upholstery."