Stylish Small Living Room Furniture Shouldn't Cost You—Shop Our Under $500 Picks

When your living room is lacking in square footage, finding the stylish furniture that fits in your space can be a challenge. Small living rooms can come with all kinds of quirks that make furnishing them quite difficult, from poorly placed doors and inconvenient hallways to built-in features and awkward nooks. However, just because small spaces present their own set of challenges, finding chic furniture that actually fits in your unique room is possible (and you don't have to break the bank in the process, either).

In order to find the perfect small living room furniture for your space, you just have to know where to look and what elements to keep in mind. There are a plethora of retailers that feature—if not focus on—pieces meant to be as functional in tight quarters as they are stylish. Some of the first places you'll want to scour are IKEA, Urban Outfitters, Amazon, CB2, and Target. Once there, look out for pieces that are compact, but also offer hidden storage spaces that will help you take advantage of every last square inch you've got.

If that sounds overwhelming, fret not. We've already taken the liberty of rounding up 17 editor-approved pieces of furniture made for decorating your small living room (all for less than $500). Keep scrolling to get inspired and start shopping.

We dare you to find a more stylish, functional, and compact media console at a better price. This walnut and white lacquer piece would look chic in a small living room outfitted in mid-century modern furnishings.

This rattan chair is just the right size to sit in the corner of your small living room. That natural material also won't weigh down the space or feel as bulky as other arm chairs might.

This sleek side table offers not one, not two, but three different shelving options. It's made with brushed stainless steel, a marble top, and wooden half-shelves in the middle.

This bright, orange-colored ottoman in a luxe velvet material is a contemporary way to incorporate extra seating in a small living room. Store it away when it's not in use or leave it out for all to see.

For less than $400, you can furnish your tiny room with a classic gray couch that can be made to look luxe with the right accessories. Just add some throw pillows and a blanket.

It may look basic, but this metal coffee table with a wood top can easily fit into all kinds of design styles. Plus, it offers an extra shelf on the bottom for additional storage.

When there's no room for a traditional sofa, seek out a settee or loveseat to get the job done. This mid-century modern piece comes at a great price and is part of Amazon's in-house brand Rivet, which is known for its small living room furniture.

This on-trend natural rattan and cane bookshelf from Urban Outfitters was made for small spaces. Use it to stay organized and display books and decorative objects without taking up too much room.

This faux fur slipper chair feels entirely modern and you'd never guess it costs less than $100. Use it for additional seating in the living room—even in the tiniest of corners.

Although this acrylic coffee table doesn't provide ample storage space, it will contribute to the illusion that your room may actually be larger than it seems. With its see-through material, you'll hardly notice that this table takes up any of your precious room.

You can always count on IKEA to produce innovative pieces of furniture fit for maximizing even the smallest of spaces. This sofa includes shelves and wire mesh for extra storage while maintaining the brand's timeless Scandinavian design.

This metal side table with an unconventional rounded cross base features a marble-patterned top. It looks far more expensive than it actually costs and could easily fit next to the sofa in a small living room.

Although this piece of furniture does appear quite large and would need a sizeable empty wall to stand in front of, it's fitted with the storage space small rooms need to look clutter-free. Use it for displaying art and other decorations or to stack books, records, and other pieces that could easily end up strewn about.

Every small space could benefit from a convertible sofa, especially one that looks as stylish as this moss green, velvet piece from Urban Outfitters. It's as glamorous as it is functional.

This clean, contemporary coffee table has a fresh look thanks to rounded gold legs, a light wood shelf, and a white top. It provides double the storage space of a more traditional coffee and it looks good to boot.

This slender floor lamp is just the thing for a small living room. It will illuminate your space and look chic in the process.

Rather than compound your already tight living space with a bulky bookshelf, opt for a sleeker option like this walnut colored leaning bookcase. It still offers plenty of storage space but it won't take up too much room.

Next Up: 6 small room décor ideas that you haven't heard a million times before.