7 Living Room Design Ideas to Make Your Space Look Luxe

Updated 10/02/18

While the kitchen and bathroom often take priority when it's time to renovate, the living room is the first place decorators look when their home needs a revamp. As the first room guests see, it should reflect your personal taste. But what if your champagne style is at odds with your canned-beer budget? At MyDomaine, we never let finances get in the way of a stylish space, so we've come up with some living room design ideas for those on a budget.

But before you get started, there are a few things you should consider first. What is your design goal? How much room do you have to work with? How will the space be used? What pieces can you keep, and what needs to be replaced? To get you started, we compiled seven key tips for making your living room look luxurious and timeless (and only seem expensive).

Hang Large-Scale Art

living room ideas on a budget
Jenna Peffley for MyDomaine

Create a focal point and give your space some wow factor by hanging an oversize piece of art by itself on one of your living room walls. The look is chic and high impact with little hassle. Keep your eyes peeled at flea markets and thrift stores for large pieces at reasonable prices, or get creative and make your own if you're decorating on a budget.

Holly Addi Livette Painting $2400

Simplify Your Styling

living room design ideas
Alyssa Rosenheck for Chad James

A cluttered, overaccessorized living room can look messy and disorganized, rather than chic and sophisticated. Pare down your collection and only retain pieces that have sentimental value. A simplified space will enable the remaining elements to really shine, and it will keep you on budget.

A simplified space will enable the remaining elements to really shine, and it will keep you on budget.

Minerva Wall Mirror $162

Camouflage Your Television

design on a budget
Amy Bartlam

Nothing brings down the feeling of sophisticated luxury in a space quite like a huge black television placed front and center. If fancy mirrors that conceal the TV aren't in your budget, visually minimize the presence of your screen by creating a gallery wall or salon-style art arrangement around it. Although it won't entirely disappear, the frame of the television will blend in with the other artwork and distract the eye. Plus, with a few thrifty finds, this idea works on any budget.

Samsung 43" Frame TV $1300

Use an Interesting Textile

statement rug on a budget
Jenna Peffley for MyDomaine

Give your living room a custom look by using vintage or antique textiles to make throw pillows or cover small pieces like seat cushions or upholstered stools. An antique Turkish rug on the floor is another simple way to instantly create visual intrigue. The unusual fabric will inject your room with a unique element and will personalize your space. Alternatively, add a textural throw over a sofa or chair to ramp up that cozy factor.

Pottery Barn Isaac Synthetic Kilim Rug $169 $135

Incorporate a Sculptural Item

living room design ideas
Genevieve Garruppo ; DESIGN: Tali Roth

Prevent your room from becoming a sea of straight lines and circular forms by introducing an element with an interesting shape or unique silhouette. A tree-root coffee table or unusual side chair will feel like a piece of art in your living room, adding an unexpected and wholly artistic component to your design (even on a budget).

Infinity Black Knot Sculpture
CB2 Infinity Black Knot Sculpture $60

Include a Piece With History

affordable living room designs
Alyssa Rosenheck for Jason Arnold Interiors

Give your space a sense of wisdom and incorporate a piece with some patina and age to it. Anything from a mirror to a small side table or accessory will do the trick—the older the better. If it gives off an air of "I was purchased at a French flea market and came from an old château," it will do wonders. Keep a keen eye out for affordable finds to stay on budget.

Chairish Green Marble Keepsake Box $60

Decorate With a Mix of Textures

inexpensive living room ideas
Chris Patey for MyDomaine

A layered, thoughtful mix of materials and textures will give your space a custom-designed, luxurious look. Mix metals, glass, wood, textiles, and leather items to create a dynamic, inviting space. Carefully select each piece to suit your budget, and let your room come together naturally.

Sheepskin Throw
Design Within Reach Sheepskin Throw $125

This post was originally published in 2016 and has since been updated.

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