Best Budget Mattresses Under $500 in 2023
Quality sleep shouldn't break the bank. Find the best value mattresses that deliver comfort and support without the premium price tag.
Why Budget Doesn't Mean Compromise
Our testing shows that you can find excellent sleep quality in the budget category. These mattresses have been tested for:
- Value Performance: Maximum comfort per dollar spent
- Essential Features: All the basics done well - support, comfort, durability
- Trial Periods: Risk-free testing at home
- Warranty Coverage: Protection for your investment
Top Budget Mattresses Under $500

$387
Allswell
Allswell Luxe Hybrid 12" Bed-in-a-Box
Hybrid
Medium
Made in USA
Trial Period: 100 nights
Warranty: 10 years
Height: 12 inches
✓ Pros
- • Amazing price (under $400)
- • CertiPUR-US certified memory foam
- • Versatile medium firmness
- • Fast, free shipping
- • Hybrid construction at budget price
✗ Cons
- • May not be as durable as premium options
- • Limited customization options

$299
Zinus
Zinus Green Tea Memory Foam Mattress
Memory foam
Medium-firm
Made in China
Trial Period: 100 nights
Warranty: 10 years
Height: 10 inches
✓ Pros
- • Extremely affordable
- • Green tea extract for freshness
- • CertiPUR-US certified foam
- • Good basic support
- • Easy setup
✗ Cons
- • Basic construction
- • May have initial odor
- • Limited advanced features

$349
Lucid
Lucid 10 Inch Gel Memory Foam Mattress
Memory foam
Medium
Made in USA
Trial Period: 100 nights
Warranty: 10 years
Height: 10 inches
✓ Pros
- • Gel-infused cooling
- • Great value under $350
- • CertiPUR-US certified
- • Good pressure relief
- • Made in USA
✗ Cons
- • All-foam construction
- • May be too soft for some
- • Basic warranty coverage
Budget Mattress Buying Tips
What to Prioritize
- Trial Period: Look for at least 90+ nights
- Warranty: Minimum 10 years, lifetime is ideal
- Certifications: CertiPUR-US for foam safety
- Reviews: Real customer feedback on durability
Budget-Friendly Features
- All-Foam: More affordable than hybrid construction
- Medium Firmness: Works for most sleep positions
- Bed-in-a-Box: Saves on delivery costs
- Online Direct: No showroom markup
Last updated: December 2023 | All prices are for Queen size mattresses