Cheapest Futon Sofa Beds at IKEA, Wayfair, Amazon & More

When you’re purchasing furniture, there’s nothing worse than buying something just to find out later that you could have purchased the same item for a lot cheaper. It can end up making you feel like your ‘awesome’ purchase was just an ‘average’ one. However, even though you might want to save as much as possible on your purchase, it can be overwhelming to search every store and every corner of the internet in order to find the best deals.

In order to make your life easier, we did some research and we came up with a list of the cheapest futon sofa beds you can buy at each one of the major online and brick-and-mortar furniture stores. And on this page, you’ll be able to compare all of them in one place. Hopefully, by understanding all your options, you’ll be able to decorate your house in style while staying under your budget.

What is a Futon?

In the United States, futons are essentially simple couches that can be converted into beds. Usually, they consist of mainly a wooden frame with a mattress that can be doubled and used as a bed.

What are futon mattresses made of?

Similarly to traditional mattresses, futons can be made out of cotton, foam, fiber, latex, polyester, or memory foam, and it may or may not contain inner springs.

What is the difference between a futon and a sofa sleeper?

A futon is essentially a couch that reclines the backrest enough to reach a 180-degree angle, turning into a flat surface that can be used for sleeping. A sofa sleeper (a.k.a. Sofabed or pull-out couch), on the other hand, is a regular couch with cushions, which happens to contain a retractable frame and mattress. The mattress and the couch are usually not made out of the same material.

Now that we’ve established some important details regarding futons, we’ll go over the list that contains the single cheapest futon for each one of the 16 major furniture stores:

Walmart: Serta Chelsea Convertible Sofa Futon – $109.99
Wayfair: Granby Sleep Convertible Sofa – $123.99
Ikea: BALKARP Sleeper sofa, Knisa black – 129.99
Amazon: Best Choice Products Microfiber Convertible Couch – $129.99
Target: Room Essentials Futon Sofa Black – $129.99
Houzz: vidaXL Sofa Bed with Armrest Artificial Leather White – $135.99
Overstock: Belleze 69″ Leather Faux Futon – $139.99
Home Depot: Soho Convertible Sofa – $154.49
Bed Bath & Beyond: Miami Convertible Sofa – $172.99
Bob’s Discount Furniture: Alice Bob-O-Matic Futon – $199.99
Dot & Bo: Contemporary Sofa Bed, Gray – $269.92
Living Spaces: Bea Convertible Sofa – $275
Ashley: Stefan Futon – $307
LexMod: Glance Tufted Convertible Fabric Sofa Bed – $494.50
Pottery Barn: Soma Edison Daybed Sleeper – $664
Apt2B: Nellie Sofa Bed – $798
Comparison Table

1. Walmart: Serta Chelsea Convertible Sofa Futon – $109.99

The first place on this list goes to Walmart’s Serta Chelsea Futon. While its normal price is $199.99, it can be currently purchased online for $109.99, which is an amazing deal. The frame is made out of wood. This futon is made out of polyester and is available in blue, black, gray, and brown. The dimensions are: Width: 66.1 inches X Depth: 33.1 inches X Height: 29.5 inches.

On Walmart’s website, this futon currently has 91 reviews with an average rating of 3.5 out of 5. Customers mostly claim that it is a great purchase for the price, and it is ideal for small spaces. The main complaints are that it is not large enough for adults to sleep on, and some customers claim that it is not comfortable to sleep on for very long periods of time.

2. Wayfair: Granby Sleep Convertible Sofa – $123.99

The Granby Sleep Futon sold by Wayfair comes in at the second place. Its regular price is $135, but it is currently sold at a discount at $123.99. The frame is made out of metal, and the fabric used for the upholstery is Microfiber/Microsuede with a Linen Blend. The current options available on Wayfair are Midnight Gray, Gray, and Sky Blue. The overall dimensions are: Width 61 inches X Depth: 39 inches X Height: 31 inches. The mattress is a little wider, with 64 inches. This futon will seat 2 people and sleep 1, and it will support up to 500 lbs. The mattress is made out of foam and it contains innerspring.

Customers have left 227 reviews, with an average rating of 4 out of 5 stars, showing that it is indeed a good purchase. According to most of the reviews, this futon seems to be on the smaller side, serving as a perfect fit for a kids room or a smaller apartment.

3. Ikea: BALKARP Sleeper sofa, Knisa black – 129.00

Ikea comes in as the third cheapest seller of futons, with the Balkarp Futon. Normally this item is sold for $179, but it is currently being sold for $129.00. The legs of this futon are made out of metal, and the mattress is made out of polyester. Ikea sells this futon in both black and gray, but the $129.99 price is only applicable for the black option. This futon is slightly larger than the previous two, with its dimensions being: Width 67 inches X Depth: 33inches X Height: 32 inches.

Customers reviewed it 204 times, with an average score of 4 out of 5. Most reviews talk about the mattress having a very nice look, yet very firm. Great for kids and casual sitting.

4. Amazon: Best Choice Products Microfiber Convertible Couch – $129.99

The major online-shopping powerhouse Amazon comes in with the fourth cheapest futon for sale, the Microfiber Couch by Best Choice Products. This item is sold in both grey and black, and the $129.99 price is its original one, qualifying it as the cheapest futon when no discounts are applied. As you can see in the name of the product, this item is made out of microfiber. The overall dimensions are: Width 68.5 inches X Depth: 20 inches X Height: 13.5 inches. According to the specifications, this item is shorter than the previous ones.

Customers have reviewed it 267 times and it has an average score of 3.1 out of 5. The feedback overall is not as positive as the other items, with the main complaints being regarding the extreme firmness of the mattress, and some complaints about irregular springs in the middle of it. Customers that have enjoyed the purchase claimed that one have the right expectations, and purchase it there is a need for small furniture.

5. Target: Room Essentials Futon Sofa Black – $129.99

The fifth cheapest futon on the list is sold by Target, and it is the Black Futon Sofa, from Target’s Room Essentials line. Its frame is made out of plywood, the mattress is filled with 100% foam and the upholstery is made out of polyester. Currently, the only color available is black, and at the moment there is no shipping available – which means that it would need to be picked up in-store. The overall dimensions are: Width 69.3 inches X Depth: 33.7 inches X Height: 29.1 inches, and it can support up to 600 lbs.

The average rating based on customers’ reviews is 3.5 out of 5, with a total of 184 reviews. Customers mostly say that this futon is a nice decorative piece and for sitting, yet somewhat uncomfortable for sleeping on.

6. Houzz: vidaXL Sofa Bed with Armrest Artificial Leather White – $135.99

Number 6 on the list is sold by Houzz, and it is vidaXL’s Sofa Bed with Armrest Artificial Leather. Its regular price is $169.99, yet it is currently being sold for $135.99. The frame is made out of wood, and the mattress is made out of artificial leather, giving it a more sophisticated look than other futons on this list. This futon offers three different reclining positions when it is used as a couch. Currently, it is sold in white. The overall dimensions are: Width 72.4 inches X Depth: 30.5 inches X Height: 26.2 inches. It’s important to notice that the armrests are not removable, so one cannot be taller than the total width of the seat in order to sleep on this futon.

Houzz’s website does not feature any reviews for this product.

7. Overstock: Belleze 69″ Leather Faux Futon – $139.99

The 7th cheaper fouton is sold by Overstock, and it is Belleze’s 69’’ Leather Faux Futon. The normal price is $165.99, but it currently sells online for $139.99. The only color currently offered is black, and the upholstery used is microfiber. The frame is made of wood. The overall dimensions are: Width 69 inches X Depth: 30 inches X Height: 27.75 inches. Per the specifications, this futon supports much less weight than the previous ones, with a total supported weight of 330 lbs.

Overstock’s website contains 9 reviews for this futon, with an average rating of 3.7 out of 5. Customers claim that the item comes exactly like in the photos, and besides being small, it is made out of pretty good materials.

8. Home Depot: Soho Convertible Sofa – $154.49

Home Depot offers the 8th cheapest futon, the Soho Convertible Sofa. It is currently sold at its regular price, $154.49. This price applies to both the blue and black options. The legs are made of metal, and the fabric chosen for the upholstery is a polyester blend. The dimensions are: Width 70.47 inches X Depth: 36.30 inches X Height: 30.71 inches. While this is Home Depot’s cheaper futon available, it can be purchased at Walmart for $149.99.

Only two customers have reviewed this item so far, with an average of 5 out of 5 stars.

9. Bed Bath & Beyond: Miami Convertible Sofa – $172.99

Number 9 on the list is Miami’s Convertible Sofa from Bed Bath & Beyond. This price is only applicable for the brown option. The frame is made out of plywood and the upholstery out of polyester. This futon has the capacity of folding its halves separately, which can’t be said about the other items on the list. The overall dimensions are: Width 66.75 inches X Depth: 32.5 inches X Height: 29.75 inches. It supports a total of 500 lbs.

There are no reviews available for this item.

10. Bob’s Discount Furniture: Alice Bob-O-Matic Futon – $199.99

Alice Bob-O-Matic Futon is the 10th cheapest futon on this list. It is the one item that is made out of memory foam, making it more comfortable than most others for sleeping. The overall dimensions are: Width 76.8 inches X Depth: 33.1 inches X Height: 32.3 inches. It is sold in both blue and grey colors.

There are no reviews on Bob’s Discount Furniture’s website for this item.

11. Dot & Bo: Contemporary Sofa Bed, Gray – $269.92

As we move down this list, the prices of futons are entering a higher range, which also translates in higher quality. Dot & Bo’s cheaper futon is the Contemporary Gray Sofa Bed, which is normally sold for $524.84 but is marked down as $269.92. This futon is made out of artificial leather, and its dimensions are: Width 66.75 inches X Depth: 32 inches X Height: 29.5 inches.

There are no reviews for this item on the website.

12. Living Spaces: Bea Convertible Sofa – $275

Living Spaces cheapest futons are the Bea Blue and Bea Grey Convertible Sofas, sold for $275. Needless to say, these options come in blue and grey. The dimensions are: Width 70.9 inches X Depth: 33.9 inches X Height: 31.9 inches. It has a wooden frame and it is upholstered with 100% polyester.

This futon has 5 reviews with an average rating of 4.6. Customers say that it is a very good purchase, as it looks good and is very comfortable.

13. Ashley: Stefan Futon – $307

Ashley Furniture is currently selling the Stefan Futon for $307, which is significantly cheaper than the regular price of $439.99. This makes Ashley Furniture the 13th cheapest store to purchase a futon. The Stefan Futon is sold at this price in blue, black, grey, and white. The frame is made out of wood, and the upholstery will depend on the color. The white and black versions are made out of faux leather, and the blue and grey out of linen. Dimensions are: Width: 69.5 X Depth: 34.5 X Height: 31.

There are currently two reviews for this item, with an average rating of 5 out of 5.

14. LexMod: Glance Tufted Convertible Fabric Sofa Bed – $494.50

The 14th cheapest store to buy a futon is LexMod, which offers the Glance Tufted Convertible Fabric Sofa Bed for $494.50. This item is normally sold for $1,048, so it’s currently selling at a steep discount. The colors available for this price are blue, grey, and azure. The frame is made out of rubberwood and the upholstery used is tufted polyester. The overall dimensions are: Width 75 inches X Depth: 34 inches X Height: 32.5 inches.

There are currently no reviews for this item.

15. Pottery Barn: Soma Edison Daybed Sleeper – $664

Pottery Barn’s cheapest futon is the Soma Edison Daybeed Sleeper, currently selling for $664 (lower than the regular price which is $699 for the cheapest one). Price varies according to the color and fabric, but the $664 applies to the following colors: Buckwheat, Carbon Gray, Smoke, Steel, Navy, Taupe, and Slate. They are made out of 100% polyester, while the frame is made out of hardwood. The overall dimensions are: Width 83 inches X Depth: 34 inches X Height: 32 inches, making it the largest futon on this list.

There are no available reviews for this item.

16. Apt2B: Nellie Sofa Bed – $798

The last futon on the list is Apt2B’s Nellie Sofa Bed. It is currently sold at its regular price, which is $798. This futon is sold in both blue and grey, and its frame is made out of solid wood. The material used for the upholstery is not specified. The overall dimensions are: Width 70.9 inches X Depth: 37.4 inches X Height: 32.7 inches.