10 Best Mattresses For Under $500 [2024 Complete Guide]

Best Mattress For Under $500 - A Complete Guide

Your ability to sleep at night may be impacted by choosing the right mattress. You can prevent pressure spots and guarantee that you wake up feeling rejuvenated and prepared to take on the day by providing the right amount of support. 

You will sleep better if you have a good quality mattress, but it might be expensive. You shouldn’t have to give up a comfortable mattress and a restful night’s sleep just because you’re on a tight budget. If you want to buy a new mattress, but your bank account is in need of some TLC. Here are the top mattresses under $500 for 2023.

Best Mattresses When You’re On A Budget - Our Top Picks

BEST MATTRESS UNDER $500

Our Pick: Allswell

The Allswell combines the best features of a hybrid mattress that of a memory foam. It is a comparable product at a lesser cost while maintaining appearance and quality.

Along with individually wrapped coils, the Allswell also has cooling gel to offset the sometimes warm nature of memory foam mattresses.

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BEST MATTRESS UNDER $500

Our Pick: Siena Memory Foam Mattress

Like the Allswell mattress, the Siena Memory Foam mattress is a high quality product at a lower price. This mattress has all the features and comfort of a much pricer mattress.

Along with the lower price and comfort, the Siena Memory Foam mattress provides deep cradling and cushioning for side sleepers and those who need extra pressure point relief.

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BEST MATTRESS UNDER $500

Our Pick: DreamFoam Chill

The DreamFoam Chill is the mattress if you’re a hot sleeper on a budget. This mattress provides optimal cooling technology similar to much higher price mattresses.

DreamFoam is made by Brooklyn Bedding, so this mattress has a giant in the industry behind it, ensuring quality and craftsmanship.

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10 Best Mattresses For Under $500

1. Allswell

Allswell is an affordable brand that offers a comparable product at a lower price point while retaining the aesthetic and quality of a more expensive brand. Individually wrapped coils are used in the Allswell hybrid mattress to provide a firm foundation and strong edge support. 

For outstanding support, this 10-inch mattress combines individually wrapped coils and memory foam. To avoid the typical heat retention found in memory foam mattresses, the memory foam layer is built with cooling charcoal and copper gel to absorb and transport heat away from the sleeper. By enabling ideal airflow, a pocketed coil design significantly regulates temperature.

2. Siena Memory Foam Mattress

The Siena Memory Foam mattress provides all the comfort of a higher-priced mattress at a budget-friendly price. It is hard to find a memory foam mattress that is $500 that is both comfortable and made with quality materials. One such unusual exception is the Siena Memory Foam Mattress. 

This mattress offers a cradling, deeply conforming sensation thanks to an adaptable surface atop substantial support layers. Siena’s memory foam properly distributes weight and aligns the neck, shoulders, back, and hips with a medium-firm feel.  A thick layer of medium-density polyfoam prevents your body from sinking too deep. High-density polyfoam finishes the all-foam construction. The mattress is covered with breathable polyester that promotes cooling. 

3. DreamFoam Chill

The DreamFoam Chill, which is manufactured by Brooklyn Bedding, is the most effective low-cost mattress for hot sleepers. Memory foam and high-density polyfoam both contribute to a supportive and comfortable environment. There are five different potential thickness levels for the DreamFoam Chill, with the six-inch variant being the most cost-effective option. Each degree of thickness incorporates a cooling gel that works to maintain a comfortable temperature throughout the night for even the hottest sleepers. 

Those who prefer to sleep on their stomachs or backs will enjoy this mattress’ 8 out of 10 firmness rating. This mattress, which has numerous foam layers and open cell technology, is intended to provide an improved sleeping experience at a reasonable cost. The mattress’ top panel is made of stain-resistant fabric, and a premium layer of gel memory foam provides outstanding pressure point relief along with improved contouring and cooling.

4. Signature Sleep Memory Foam

The Signature Sleep Memory Foam provides a platform for personalization, making it possible to create a bed that is both uniquely yours and supremely comfortable. Choose a size, decide if you want charcoal-infused gel-based memory foam or standard memory foam filling, and then select the thickness you want, which can range anywhere from six to twelve inches. 

Each and every mattress, regardless of size, features a layer of high-density foam that is designed to offer an even higher level of support. The Signature Sleep Memory Foam is designed to contour to the natural shape of the human body, thereby evenly distributing body weight, reducing pressure on joints, and alleviating back pain. This highly rated memory foam mattress is an excellent choice for those who want comfort on a budget. 

5. Vibe Gel Memory Foam

The Vibe Gel Memory Foam Mattress is competitively priced in contrast to other mattresses that offer a similar level of comfort and are made from comparable materials. Additionally, this mattress offers exceptional support. The body-contouring memory foam used in the construction of the Vibe Gel Memory Foam Mattress measures a full seven inches thick.

 A layer of cooling gel measuring three inches thick is placed on top of the breathable foam to bring down the temperature of the sleeping body. This mattress relieves strain and pain by contouring to the shape of the body in addition to providing support. We recommend the Vibe Gel Memory Foam Mattress for people who sleep hot and need extra support.

6. Zinus Mint Green Hybrid

The Zinus Mint Green Hybrid mattress provides the ease of use and support that are hallmarks of hybrid mattresses at a price that is more than acceptable.

This mattress has a layer of contoured memory foam on top, followed by a layer of ViscoLatex foam that transitions from one to the other. It provides the cushioning support of foam with the responsiveness of latex. The mattress is available in three different thicknesses: 6, 8, and 10 inches. 

7. Zinus Cooling Gel Memory Foam

The Zinus Cooling Gel Memory Foam is infused with ActivCharcoal and green tea, making it one of the more unique mattresses that can be purchased at any price point. A specific layer of memory foam is what makes this mattress so effective at relieving pressure. The ActivCharcoal technology helps to reduce odor by capturing moisture as well as other components that contribute to the musty stench that can develop in mattresses over time.

The use of green tea extract can also help reduce odors. Those who like to sleep hot and are interested in purchasing an eco-friendly mattress will love this mattress.

8. Novilla Vitality Hybrid

The Novilla Vitality Hybrid combines the comfort of foam with the support of springs. Unlike traditional hybrid mattresses that cost hundreds of dollars, The Novilla Vitality Hybrid is equal in quality to similar mattresses but at a much lower price. Memory foam with gel infusion in the top layer is designed to disperse heat and conform to the body. It is difficult to find a hybrid mattress at this price point, but the Novilla Hybrid delivers.

Under the pocketed coil support core, the comfort foam acts as a transitional layer that is more sensitive, keeping sleepers from experiencing the sinking sensation associated with memory foam mattresses. This mattress is 6 out of 10 on the firmness scale and is CertiPUR-US certified to be medium firm. The Novilla Vitality Hybrid is ideal for side sleepers, those who prefer a cooler sleeping surface, and those looking for a high-quality item at an affordable price.

9. Lucid Hybrid

The Lucid 10 Inch Bamboo Charcoal and Aloe Vera Hybrid Mattress have a strong base that consists of four layers of foam and individually wrapped steel coils. This mattress is equipped with an additional layer of conforming memory foam measuring 1.5 inches thick. When used in conjunction with one another, they offer your curves the perfect amount of give that they need.

Charcoal made from bamboo has the ability to absorb moisture and neutralize odors. This prevents the memory foam from getting warm and eliminates odor. This mattress works well for those who tend to sleep hot, for couples who value a low level of motion transfer, and for those who prefer to sleep on their sides or backs.

10. Classic Brands Cool Gel Memory Foam

One of the best cooling mattresses under $500, the Classic Brands Cool Gel, comes with features usually found in mattresses that cost much more. For individuals who sleep hot, this mattress is intended for optimal comfort and breathability. The top layer of gel memory foam maintains the pressure-relieving properties of the bed while dispersing body heat and producing a cooler resting surface.

The transitional and base layers provide bounce and support beneath this comfort layer, while the medium-firm memory foam reduces pressure spots between the shoulders. An antimicrobial cover guards against allergies, germs, dust mites, and mold. Those who prefer a medium-firm mattress, hot sleepers, and allergy sufferers will benefit the most from this mattress.

Frequently Asked Questions

What Is The Best Latex Mattress For Under $500?

The best latex mattress for under $500 is the Zinus Mint Green Hybrid. Since latex mattresses are usually more expensive than all other types of mattresses, it is rare that even one made with latex like this one would be available at this price point. This mattress is not a pure latex mattress, but it does contain the material and provides the benefits of latex. 

What Is The Best Memory Foam Mattress For Under $500?

The best memory foam mattress for under $500 is the Siena Memory Foam Mattress, due to its quality construction and price point. The brand frequently offers discounts to customers to keep prices low, but the value is high. The Siena Memory Foam mattress offers all the comfort, support, and contouring of a higher priced memory foam mattress but under $500. This combination of value and quality is why the Siena Memory Foam is our top pick for the best memory foam mattress under $500. 

What Is The Best Queen Mattress For Under $500?

The Classic Brands Cool Gel mattress is the best queen mattress for under $500. This mattress has the same qualities that are found in much more costly mattresses, but at a much more affordable price such as cooling gel, classic memory foam contouring and comfort.

What Is The Best King Mattress For Under $500?

Our pick for the best King mattress for under $500 is the Zinus Cooling Gel Memory Foam Mattress. Low in price but high on unique features, the Zinus Cooling Gel Memory Foam Mattress is a rare find. Why? It is lower priced and includes more innovative mattresses that can be purchased at any price point since it is infused with ActivCharcoal and green tea technology that is comparable to mattresses from other brands at much higher prices.

What Is The Best Mattress For Back Pain Under $500?

Because it conforms to the natural shape of the human body, the Signature Sleep Memory Foam is the best mattress under $500 for back pain. The features of this mattress alleviate back discomfort by distributing body weight more evenly, lowering the amount of pressure that is placed on the joints, and relieving pressure on the spine. 

What Is The Best Mattress For Stomach Sleepers For Under $500?

Our pick for the best mattress for stomach sleepers for under $500 is the DreamFoam Chill by Brooklyn Bedding. Not only does this mattress have excellent cooling features, it also is firm enough to provide the support that stomach sleepers need. The gel memory foam combined with the firm feel makes the DreamFoam Chill an excellent choice for stomach sleepers on a budget. This mattress, which has a firmness level of 8 out of 10, is perfect for those who prefer to sleep on their stomachs or backs.

What Is The Best Mattress For Side Sleepers For Under $500?

Our pick for the best mattress for side sleepers for under $500 is the Novilla Vitality Hybrid. Like the other mattresses on this list, the Novilla Vitality Hybrid is both low cost yet doesn’t skimp on quality. The hybrid construction with coils and contouring memory foam is a great choice for side sleepers as the combination of the coils and memory foam work together to help relieve pressure points which are common in side sleepers.

Conclusion

Finding an affordable mattress in today’s market is made much simpler thanks to the vast selection of options that can be found online and their increased availability. You may be certain of finding the ideal mattress if you conduct research on mattresses available within your price range, whittle the options down, and then compare the remaining options. Our best bet for the best mattress under $500 is the Siena Memory Foam. 

Whether you want to stay within a strict budget, or you want to splurge and get the best mattress money can buy, SleePare is here to assist you in locating the mattress of your dreams, no matter what your price range or preferences of materials may be. 

Need some extra guidance while mattress shopping? We can help! Use our mattress comparison guide, read our blogs and sleep guides, or visit one of our stores to learn more. 

More Resources

• 5 Best Really Cheap Mattresses
• Mattress Guide For Cheap Mattresses In NYC
• What Mattress Is Like Stearns & Foster

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