Finding the best 5 piece living room furniture sets under $500 can be challenging for almost everyone. When you have a big family room and a large family to accommodate on a limited budget, getting the 5 piece living room furniture sets under $500 becomes a necessity. Here, we are helping you through this piece of writing.

This article will provide you a buying guide to buy 5 piece furniture sets for the living room and 8 products under $500. The products will be provided with their pros and cons too; it will help you make a better decision for the long-term investment.

Points To Consider Before Buying

Following are some points that you should keep in mind before buying complete living room sets under $500.

  • First of all, decide why you want 5 piece living room furniture sets. Some people prefer 3 piece living room furniture sets while some go for 2 piece living room furniture sets.
  • Decide your need.
  • Consider the space you have at your home to place these pieces of furniture.
  • Observe the decor and style of your room. Buy accordingly!
  • Check out the quality of the furniture.

Top 8 best Five Piece Living Room Furniture sets List:

Let’s explore five 5 piece living room furniture sets under $500 for value addition in your family room.  However, if you are not budget-conscious, we also have 3 piece living room sets under 1000 dollars that can easily accommodate 5 to 6 people!

1. Furniwell 5 Pieces Patio Furniture

5 Piece Living Room Furniture Sets Under $500

The furniwell is known for fabricating the best 5 piece living room furniture sets under $500. This patio sofa set comes in very comfortable material and is waterproof; it provides the ease of cleaning it simply. The padding used in this piece of furniture is fading resistant so, you can wash the cushion covers into your machine without any distress. 29 Best living room sets under $200,$300 and $500.

When it comes to the fabrication of the outdoor sectional furniture set, it uses higher quality PE wicker along with strong coated steel. Even the living room furniture set by Furniwell is remarkable, and you will be astonished by the quality. Being an all-weather furniture set, you will not have to get worried about storing it. Moreover, it is simple to assemble and adorable to put it into your patio.

Product Specification

  • Brand: Furniwell
  • Color: Blue
  • Material: Wicker &Strong Coated Steel
  • Style: 5 pieces
  • Suitable for all-weather
  • Waterproof cushions
  • Durable and sturdy
  • Blue color gets dirty very fast

2. Winsome Fiona 5 Piece Round High Pub Table Set

5 piece living room furniture sets under 500 Winsome fiona pieces

Choosing the best living room sets under 500 dollars is pretty challenging as good furniture always comes in a hefty amount. But this living room set comes just under 500 dollars. When it comes to the pieces, know that this round high pub table set has a heightened table and four swivel bar stools. The buildup of this table set is just tremendous as the total construction is of solid wood.

To make these 5 piece living room furniture sets under $500 look more beautiful, Winsome does an antique walnut finish all over it. The diameter of the table is 33.6 inches that may be perfect for your living room. This table set is ready to assemble, and the good thing about this set is; it comes with all the tools required.

Product Specification

  • Brand: Winsome Store
  • Color: Brown
  • Material: Solid Wood
  • Style: 5 pieces

  • Easy to put together
  • Affordable
  • Beautiful finish
  • Some complaint about scratches on the table

3. Rattan Chair Wicker Set Outdoor Indoor Use


2 single chairs, 1 double chair, and 1 coffee table are included in this 4 pieces outdoor patio furniture collection. It’s constructed of a high-quality steel frame and covered in all-weather PE rattan wicker, making it both sturdy and lightweight while avoiding the bulkiness of typical patio furniture. The sleek and futuristic styling allows it to fit into a variety of outdoor settings.

  • Easy Assemble
  • Easy Maintenance
  • All-Weather Resistant
  • Includes Cushions
  • Not for larger guy

4. Flash Furniture Table set With Chairs

5 piece living room furniture sets under 500

If you have children in your home and you prefer cheap living room furniture, this is the best alternative to go for! This furniture set is not only affordable but also very portable as it weighs only 16 pounds. This round table comes with easier assemblage and is most suitable and recommended for kids of age 2 to 6 years. 21 best living room chairs for back pain, lower back, bed back and nack pain.
The table comes with 1.5 inches thick top and is capable of standing 220 pounds static weight. The height of its chairs is 10.5 inches, and it is beautified with a one-piece polypropylene shell. These 5 piece living room furniture sets are not only accommodating for homes but can also be placed into classrooms.

Product Specification

  • Brand: Flash Furniture Store
  • Color: Blue
  • Material: Plastic
  • Style: 5 pieces

  • Sturdy construction
  • Easy to adjust
  • Quick to clean
  • Cannot withstand impact

5. Five Piece Kitchen Table set

5 piece living room furniture sets under 500 kitchen table set

If you are looking for complete living room sets that are not only cheap but handsome, you are going to love this product. This living set is all fabricated of solid wood and comes in black color, enhancing the magnificence of your living room. It is made of solid wood, is not easy to carry, and weighs 125 pounds.

This table is very accommodating for smaller kitchens, and regarding finishing, it comes with a perfect black sleek finish. These beautiful 5 piece living room furniture sets by East-West furniture fit amazingly in every dining area. The dimensions of this dining table are 42 x 42 x 29 inches. And for the chair dimensions, know that it is 21 x 18 x 37 inches. Lastly, this dining set requires a simpler assemblage, and so it is not difficult to handle.

Product Specification

  • Brand: East West Furniture Set
  • Color: Black
  • Material: Solid Wood
  • Style: 5 pieces

  • Good quality construction
  • Easy to assemble
  • Instructions are unclear

6. ANNO5-OAK-C Dining Table- Living Room Sets Under $500

5 piece living room furniture sets under 500 East west furniture

This Dining Table Set features a soft Linen Fabric seat and wooden legs. These dining chairs and round tables are made of high-quality wood, resulting in an exceptional color combination that will give your kitchen a stunning look.
The magnificent Dinette Set exemplifies the natural beauty of Asian wood, which is finished in Oak seats and a table to add elegance.

The hardwood top table will undoubtedly give a certain amount of beauty to your home that both you and your visitors will appreciate. This set of kitchen chairs and the circular kitchen table has a high-end look with a touch of class that will add dynamic charm to any dining room. This is for sure one of the best 5 piece living room furniture sets under $500.

Product Specification:

  • Brand: East West Furniture Store
  • Color: Beige
  • Material: Oak wood
  • Style: 5 pieces
  • Space-saving set
  • Easy to assemble
  • A bit heavy

7. MAFOROB Living Room Sofa Set- 3 Piece Living Room sets under $1000

5 piece living room furniture sets under 500 MAFOROB

Maforob has brought one of the finest 3 piece living room furniture sets for under 1000 dollars. The most attractive characteristic of the item is that it provides a seating capacity of 6 people. Thus, it is a perfect match for a large bedroom and a large family.

Moreover, it also provides ample space for the guests. Its 3 pieces can be kept together, or you can also displace them according to your need. For example, the armchairs can be moved to other rooms to have a perfect movie night!
Its grey color can make a match with many room styles. In this way, it can enhance the overall room decor. When it comes to its cushions material, they are made up of highly comfortable material. Consequently, it gives immense comfort to the sitting people.

Additionally, the cushions have an innerspring to increase the bounce and spread the weight evenly. The overall frame of the sectional sofas is made of wooden material, which is vital to bear heavyweight.
How can you keep it clean? It is effortless! Just pick a damp piece of cloth and clean it. You are done within minutes. Isn’t it a desiring 3 piece living room furniture sets under 1000 dollars?

Product Specification

  • Brand: Maforob
  • Color: Grey
  • Material: Polyester Blend
  • Style: 3 pieces
  • Seating capacity: 6

  • Easy to clean
  • Easy to assemble
  • It comes with an instruction manual
  • It covers a large area

8. Beverly Fine Furniture Sectional Sofa Set Under $1000

5 piece living room sets under $500

It is one of the finest living room furniture sets. Its faux leather is easy to clean and maintain. Thus, there is no danger of stains and dirt.Its black color hives a magical charm and beauty to your bedroom. It can match almost all types of room decor and furniture.Its sturdy wood structure makes it strong and durable. Also, it comes with two pillows and an ottoman that can be used for storage purposes, sit, and relax. Hence, we can say it is one of the best living room furniture sets.

This spectacular multi-functional ottoman can be used as a display piece, a footrest or stool, extra seating, or a coffee table. A hinged top adds flexibility by allowing for fast opening and closing. Makes the best storage that is both convenient and attractive as a storage room for your accessories. Remote controls, game controllers, movies, and children’s toys are all examples. Cleanup is a breeze!

Product Specification

  • Brand: Beverly Fine
  • Color: Black
  • Material: Faux leather, wood
  • Style: Sectional
  • Seating capacity: 6

  • Sectional Sofa With Ottoman
  • Comfortable feel
  • Easy to assemble
  • Easy to clean
  • Little expensive
  • Bit heavy


We hope you have found your dream 5 piece living room furniture sets under $500. Tell us in the comment section which one you have chosen. THANKS!

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