January 27, 2023
Looking for a good night’s sleep, without breaking the bank? Believe it or not, you can get a high-quality, durable, comfortable, and supportive bed-in-a-box mattress for less than $500.
In this article, we’ve rounded up several of the leading mattress companies, all of which offer their Twin XL mattress products for under $500. Note that these companies also offer queen size mattresses for only slightly more; and, many of them are currently providing discounts and promos, keeping the price point even lower without skipping on quality.
By clicking on the product links in this article, US-Mattress and Mattress Advisor may receive a commission fee at no cost to you, the reader. Read the full disclosure statement.
As you seek a high-quality mattress for a modest price point, it’s important to compare materials, firmness levels, and overall value. Use this chart to help locate a great mattress that meets your needs and your budget.
Mattress Name | Quick Overview | Special Offer |
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Casper Element |
Material: Memory foam Firmness: Medium-firm Customer Rating: 4.6/5 MA Score: 8.4/10 Delivery: 2-7 business days Trial Period: 100 nights Warranty: 10 years Price: $ |
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Brooklyn Bowery |
Material: Foam Firmness: Medium Customer Rating: 4.8/5 MA Score: 8.5/10 Delivery: 4-8 business days Trial Period: 120 nights Warranty: 10 years Price: $ |
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Helix Midnight |
Material: Hybrid Firmness: Customizable Customer Rating: 4.6/5 MA Score: 8.9/10 Delivery: 3-7 business days Trial Period: 100 nights Warranty: 10 years Price: $ |
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Nectar |
Material: Gel memory foam Firmness: Medium-firm Customer Rating: 4.8/5 MA Score: 8.7/10 Delivery: 2-5 business days Trial Period: 365 nights Warranty: Lifetime warranty Price: $ |
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Layla |
Material: Copper-infused memory foam Firmness: Dual-sided Customer Rating: 4.5/5 MA Score: 8.8/10 Delivery: 4-7 business days Trial Period: 120 nights Warranty: Lifetime warranty Price: $ |
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Puffy |
Material: Memory foam Firmness: Medium-firm Customer Rating: 4.6/5 MA Score: 9/10 Delivery: 2-5 business days Trial Period: 101 nights Warranty: Lifetime warranty Price: $ |
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Tuft & Needle |
Material: Foam Firmness: Medium-firm Customer Rating: 4.6/5 MA Score: 8.7/10 Delivery: 1-5 business days Trial Period: 100 nights Warranty: 10 years Price: $ |
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Allswell |
Material: Hybrid Firmness: Medium-firm Customer Rating: 4.8/5 MA Score: 8.2/10 Delivery: 3-9 business days Trial Period: 100 nights Warranty: 10 years Price: $ |
MA Score: The Mattress Advisor Score is a weighted score that takes into account 14 different factors related to the mattress’ performance, function, convenience, and the brand’s social responsibility.
Casper has long been known as a top provider of memory foam mattresses, and the Casper Element is their most budget-friendly option. It’s a good option for kids, and also for grown-ups who love that contouring, memory foam feel.
Related: Compare Casper Mattresses to find the best mattress for you.
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The Brooklyn Bowery mattress provides a high-quality memory foam experience for a low price point. Thanks to some solid motion transfer numbers, we consider this to be one of the best mattresses for couples.
Read more in our Brooklyn Bowery Mattress Review.
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With Helix, the name of the game is customization. When you visit the Helix website, you’ll get to fill out a sleep quiz, helping to determine exactly the kind of mattress that’s best suited for you. This allows you to get just the firmness level required for your comfort, and all at a modest price point.
Learn more in our Helix Midnight Mattress Review.
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The Nectar mattress sets the standard for value. Not only does it work well for pretty much all sleepers while having a low price point, but it also offers a lifetime warranty and a generous year-long sleep trial. There’s no better way to maximize your bang for buck.
Read more about Nectar in our Nectar Mattress Review.
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Not sure of the firmness level you need? With the Layla, you get both a firm side and a soft side. If you don’t like the side you’re sleeping on, just flip it over. Also note that the Layla mattress is infused with copper, which helps alleviate inflammation and soothe joint and back pain.
Learn more in our Layla Mattress Review.
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If you prefer sleeping on your side, the Puffy mattress may be just the bed you need. Its three layers of memory foam will give you all the cushioning and support you need. Plus, it also works well for pain relief.
Read more about why the Puffy is one of the best mattresses for side sleepers in our Puffy Mattress Review.
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The Tuft & Needle mattress works well for pretty much all sleeping positions, including those who tend to toss and turn in the night. That makes it our pick for best mattress for combination sleepers. This firm mattress also offers breathability, bounce, and pressure relief.
Learn more in our Tuft & Needle Mattress Review.
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If you tend to lay on your back at night, the Allswell is a mattress we can heartily recommend. This medium-firm hybrid mattress offers ample support through a combination of foam and coils. And, it has one of the most disruptive price points of any mattress on the market. (You can get any size for under $500.)
Read more in our Allswell Mattress Review.
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Which mattress type is right for you? And what about key perks and features? Use this buying guide to inform your decision, and to help you pick the best product within your price range.
Casper Element | Brooklyn Bowery |
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Helix | Nectar |
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Layla | Puffy |
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Tuft & Needle | Allswell |
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Just because you’re on a tight budget, that doesn’t mean you can’t get a comfortable and durable mattress. This is especially true if you’re shopping for a smaller size, or if you’re willing to time your purchase to align with special discounts or mattress sales.
There are a number of factors to think about as you shop for a great mattress at an affordable price. Here are a few considerations.
Memory foam: Memory foam tends to be one of the most affordable mattress types. Memory foam is especially great for motion transfer and pressure relief, though there can sometimes be problems with heat retention.
Innerspring: Many classic brands come with innerspring coils, which respond to the movements of your body and provide maximum support. Innerspring also tends to sleep cooler than memory foam.
Latex: Latex mattresses are usually at the upper end of the price range, though they can certainly be worth the investment: They have just the right level of bounce, they sleep cool, and many latex mattresses are made from 100 percent natural materials.
Hybrid: A lot of mattresses are made with some combination of the above materials (plus other materials, like pillow top fabric). These hybrids have the best of what innerspring and memory foam have to offer.
Set-up: Once you order your new mattress, how hard will it be to unbox and set it up? And how long will it take for you to break it in?
Pressure relief: Look for a new mattress that evenly distributes body weight and keeps the pressure off your joints.
Spine alignment: Spine alignment refers to the way a mattress supports a healthy, natural posture, preventing you from waking up sore or creaky.
Durability: Even at the lower end of the price range, you can find mattresses that will stand up to the test of time; strong base foam layers can be helpful here.
Motion transfer: For couples, it’s important to find a mattress that minimizes disruptions and limits motion.
Temperature regulation: A breathable mattress will help mediate body heat and keep you cool, all through the night.
Related: Learn more about the best cooling mattresses.
Responsiveness: Responsiveness refers to a mattress’ ability to adapt to your movements. An innerspring mattress is especially strong in this category.
Edge support: Look for a mattress that won’t sink or sag at the edges.
Most of the mattresses on this list offer free, fast delivery, as well as free returns (assuming you make your return before the sleep trial ends).
Many online mattress companies allow for you to finance your purchase, typically with little or no interest. You can select a payment option such as Affirm or Klarna at checkout, allowing you to split your payment over a few months.
Most mattresses will give you a specified number of days to “test drive” your mattress and make sure you like it. Within that trial period, you can return the mattress and receive a refund. Usually, the mattress company will dispatch someone to come pick up, remove, and donate the unwanted mattress.
Some companies, including Allswell, do offer larger mattresses for under $500. Also keep your eye out for special sales and promotions, as most mattress companies provide significant discounts at various points throughout the year.
Josh Hurst lives and writes in Knoxville, TN. A recovering insomniac, he has a long-standing appreciation for the power of a good night's sleep.