A good night’s sleep is essential for a healthy and productive life, but choosing the right mattress can be overwhelming, especially if you are on a budget. Fortunately, there are many high-quality mattresses available for less than $500, offering excellent comfort and support for a fraction of the cost of luxury brands. These affordable options come in a variety of sizes and materials, from memory foam to hybrid, so you can find the perfect fit for your needs and budget. Whether you’re looking for a budget-friendly option for yourself or your guest room, this guide will help you find the best mattresses under $500.
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Best Mattress Under $500 Comparison Chart
Zinus Green Tea Memory Foam Mattress
Best memory foam mattress under $500

If you’re looking for an affordable memory foam mattress that doesn’t skimp on comfort, then the Zinus Green Tea memory foam mattress is definitely worth checking out. For starters, it’s made with memory foam that’s very comfortable and supportive – it molds to your body and provides pressure relief where you need it the most. The added green tea infusion is a nice touch too – it helps keep the mattress fresh and odor-free. That’s especially important for those of us who are sensitive to chemical smells.
Despite its low cost, it’s made with high-quality materials such as memory foam and high-density foam. So you’re not sacrificing comfort or quality for the sake of a good deal. Plus, it comes with a certiPUR-US certification, which means it’s free of harmful chemicals and safe to use in your home.
The Zinus Green Tea memory foam mattress comes in a compact box, so it’s very easy to set up in your bedroom. It’s backed by a 10-year limited warranty, so you’ll have peace of mind knowing that you’ve made a smart investment. Overall, if you’re looking for a memory foam mattress that’s comfortable, convenient to set up, and costs under $500, the Zinus Green Tea memory foam mattress is definitely a top pick.
Novilla Cooling Gel Memory Foam Mattress
Best cooling mattress under $500

The Novilla cooling gel memory foam is a top pick for those looking for a cooling mattress. Its main selling point is the gel-infused memory foam layer, which provides a cool sleeping surface by regulating your body temperature. The gel infusion works by absorbing excess heat and spreading it evenly across the surface of the mattress, so you don’t have to worry about waking up hot and sweaty. This makes it a great option for hot sleepers, those who live in warm climates, and anyone who just wants a more comfortable sleeping experience.
Another feature that makes the Novilla cooling gel memory foam mattress stand out is its supportive design. The memory foam layer conforms to your body shape, providing pressure relief where you need it most. This helps reduce tossing and turning, so you can get a more restful sleep. The mattress also features a breathable design, with a layer of high-density foam that allows air to circulate freely. This further promotes a cool and comfortable sleeping surface, ensuring that you get the best night’s sleep possible.
The Novilla cooling gel memory foam mattress is on the affordable side, making it an accessible choice for those who want a high-quality cooling mattress without breaking the bank. Additionally, the mattress comes with a 10-year limited warranty. Whether you’re a hot sleeper, live in a warm climate, or just want a more comfortable sleeping experience, the Novilla cooling gel memory foam mattress is a good choice if you are looking to spend less than $500 for a mattress.
Allswell Bed in a Box Hybrid Mattress
Best hybrid mattress under $500

The Allswell mattress features a combination of pocketed coils and memory foam, which provides a balanced sleeping surface that offers both support and comfort. The pocketed coils provide a supportive base with minimal motion transfer, while the memory foam layer conforms to your body shape, providing pressure relief where you need it most. This creates a sleeping surface that will keep you comfortable due to its heat dissipation and it also provides support all night long.
If you prefer a medium firm mattress, the Allswell mattress has you covered. It’s available in a variety of sizes, so you can find the perfect fit for your bed.
The Allswell Mattress is a great option for those who want a high-quality hybrid mattress under $500. Despite its low cost, the Allswell Mattress is made with high-quality materials and is designed to last. It is backed by a 10-year limited warranty, and you also get a 100-night sleep trial to make sure that it is the right mattress for you.
Sunrising Bedding Natural Latex Mattress
Best latex mattress under $500

If you’re looking for the best latex mattress under $500, then the Sunrising Bedding natural latex mattress is our recommendation. Constructed with natural latex, this mattress offers a supportive and comfortable sleeping surface. It’s also eco-friendly and resistant to dust mites, mold, and bacteria – making it perfect for those with allergies.
The Sunrising Bedding natural latex mattress is also designed with breathability in mind. The natural breathable properties of latex, in addition to the pocketed coil support layer, work to regulate your body temperature, ensuring you stay cool and comfortable all night long. Furthermore, the mattress features a cotton cover that promotes air circulation, adding to its cooling capabilities.
Latex mattresses are usually very expensive, but the Sunrise Bedding natural latex mattress is on the affordable side. It comes in a box, so it takes around 48 to 72 hours for it to expand fully. It comes with a 120-day trial, so you’ll have plenty of time to decide whether the mattress is perfect or not.
Verdict
If you are on a strict budget, there are still plenty of good mattresses that you can buy.
Zinus Green Tea Memory Foam Mattress
Best memory foam mattress under $500

Novilla Cooling Gel Memory Foam Mattress
Best cooling mattress under $500

A tight budget shouldn’t prevent you from getting a good mattress. Fortunately, there are plenty of choices in the market. If you are looking for a memory foam mattress, the Zinus Green Tea memory foam mattress is a popular choice. Memory foam is always great if comfort is the most important factor. The infused green tea is a nice touch as it allows the mattress to stay fresh and odor-free. For hot sleepers, a cooling mattress like the Novilla cooling gel memory foam mattress is ideal. It has gel-infused memory foam for comfort and breathability.
Rounding out the list are the Allswell bed in a box hybrid mattress and the Sunrising bedding natural latex mattress. The former is a good choice if you want a traditional mattress with pocketed coils, while the latter is geared towards those that have allergies since latex is naturally resistant to bacteria, mold and dust-mites.
FAQs
There are plenty of good mattresses under $300, but if we had to pick one, it’s the 8-inch variant of the Zinus Green Tea memory foam mattress. Just like the 12-inch variant above, it’s well-built with plenty of features such as green tea infusion and a lengthy warranty.
Brands such as Zinus, Linenspa and Lucid all offer budget-friendly mattresses priced under $200. Choosing one will depend on your preferences.
All of the queen sized variants of the mattresses above are under $500, so it will depend on your preferred mattress material.
It depends, but latex mattresses usually last the longest due to the durability of latex.