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Under $500

Shop our Mattresses Under $500 Collection at Lowest Cost Mattress — where budget-friendly comfort meets quality sleep. Perfect for guest rooms, first apartments, or anyone looking for a great night’s rest without overspending.

Affordable Mattresses That Deliver
Our under-$500 mattresses are designed to provide reliable comfort, pressure relief, and support. Choose from memory foam, hybrid, and innerspring models that prove you don’t need to spend thousands to sleep well.

Sizes for Every Sleeper
Find options in twin, full, queen, and even king sizes — all priced under $500. Whether you’re shopping for kids, teens, or adults, these mattresses fit both your budget and your lifestyle. 

Trusted Brands at Lower Prices.
Enjoy savings on mattresses from Nectar, Ashley, Serta, and more. We bring you the same brands you know from retail stores, but at a fraction of the cost.

Fast Delivery & Flexible Payments.
Order today and get your new mattress shipped quickly to your door. With easy financing, you can bring home better sleep now and pay overtime — only at Lowest Cost Mattress.

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  • Save up to 23% Save %
    $64.99 - $103.99
    $64.99 - $103.99
    $64.99
    $49.99 - $79.99
    $49.99 - $79.99
    $49.99

    Prime Comfort Mattress Protector

    Malouf

    The Pr1me Terry mattress protector features a hypoallergenic and absorbent cotton terry surface that sleeps comfortably and will not change the fee...

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    $64.99 - $103.99
    $64.99 - $103.99
    $64.99
    $49.99 - $79.99
    $49.99 - $79.99
    $49.99
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    $64.99 - $103.99
    $64.99 - $103.99
    $64.99
    $49.99 - $79.99
    $49.99 - $79.99
    $49.99

    Prime Mattress Protector

    Malouf

    The Pr1me Smooth mattress protector features a hypoallergenic and a breathable, smooth fabric surface that sleeps comfortably and will not change t...

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    $64.99 - $103.99
    $64.99 - $103.99
    $64.99
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    $49.99 - $79.99
    $49.99
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    $64.99 - $77.99
    $64.99 - $77.99
    $64.99
    $49.99 - $59.99
    $49.99 - $59.99
    $49.99

    Prime Pillow Protector

    Malouf

    The SLEEP TITE PR1ME Smooth Pillow Protector protects you and your pillow with a 100% waterproof layer that guards against all liquid spills. Soft,...

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    $64.99 - $77.99
    $64.99 - $77.99
    $64.99
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    $49.99
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    $71.49 - $77.99
    $71.49 - $77.99
    $71.49
    $54.99 - $59.99
    $54.99 - $59.99
    $54.99

    PRIME Smooth Pillow Protectors

    Malouf

    The SLEEP TITE PR1ME Smooth Pillow Protector protects you and your pillow with a 100% waterproof layer that guards against all liquid spills. Soft,...

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    $71.49 - $77.99
    $71.49 - $77.99
    $71.49
    $54.99 - $59.99
    $54.99 - $59.99
    $54.99
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    $64.99 - $116.99
    $64.99 - $116.99
    $64.99
    $49.99 - $89.99
    $49.99 - $89.99
    $49.99

    PRIME Smooth Mattress Protector

    Malouf

    The Pr1me Smooth mattress protector features a hypoallergenic and a breathable, smooth fabric surface that sleeps comfortably and will not change t...

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    $64.99 - $116.99
    $64.99 - $116.99
    $64.99
    $49.99 - $89.99
    $49.99 - $89.99
    $49.99
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    $58.49 - $110.49
    $58.49 - $110.49
    $58.49
    $44.99 - $84.99
    $44.99 - $84.99
    $44.99

    PRIME Terry Mattress Protector

    Malouf

    The Pr1me Terry mattress protector features a hypoallergenic and absorbent cotton terry surface that sleeps comfortably and will not change the fee...

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    $58.49 - $110.49
    $58.49 - $110.49
    $58.49
    $44.99 - $84.99
    $44.99 - $84.99
    $44.99
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    $58.49 - $77.99
    $58.49 - $77.99
    $58.49
    $44.99 - $59.99
    $44.99 - $59.99
    $44.99

    PRIME Terry Pillow Protector

    Malouf

    Made from hypoallergenic and absorbent cotton terry, the Pr1me Terry pillow protector sleeps comfortably and will not change the feel of the pillow...

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    $58.49 - $77.99
    $58.49 - $77.99
    $58.49
    $44.99 - $59.99
    $44.99 - $59.99
    $44.99
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    $136.49 - $214.49
    $136.49 - $214.49
    $136.49
    $104.99 - $164.99
    $104.99 - $164.99
    $104.99

    Quilt Tite Mattress Protector

    Malouf

    The 400 TC cotton cotton surface and box-stitched quilting add functionality and appeal to the Quilt Tite mattress protector. A soft layer of down ...

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    $136.49 - $214.49
    $136.49 - $214.49
    $136.49
    $104.99 - $164.99
    $104.99 - $164.99
    $104.99
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    $155.99 - $168.99
    $155.99 - $168.99
    $155.99
    $119.99 - $129.99
    $119.99 - $129.99
    $119.99

    Quilted Convolution + HyperChill Pillow

    Malouf

    Soft, light, and cooling—this quilted pillow feels like a dream. Get multiple benefits from the two distinct feels, with a traditional filled pillo...

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    $155.99 - $168.99
    $155.99 - $168.99
    $155.99
    $119.99 - $129.99
    $119.99 - $129.99
    $119.99
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    $71.49 - $331.49
    $71.49 - $331.49
    $71.49
    $54.99 - $254.99
    $54.99 - $254.99
    $54.99

    Rayon From Bamboo

    Malouf

    Rayon From Bamboo Sheets will make slipping into bed a definite treat. The porous composition of the rayon from bamboo fibers makes the fabric more...

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    $71.49 - $331.49
    $71.49 - $331.49
    $71.49
    $54.99 - $254.99
    $54.99 - $254.99
    $54.99
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    $75.40 - $123.50
    $75.40 - $123.50
    $75.40
    $58.00 - $95.00
    $58.00 - $95.00
    $58.00

    Reversible Bed in a Bag

    Malouf

    Everything you need to brighten any bedroom comes in this cozy Bed in a Bag. A reversible down alternative comforter features coordinating colors o...

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    $75.40 - $123.50
    $75.40 - $123.50
    $75.40
    $58.00 - $95.00
    $58.00 - $95.00
    $58.00
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    $25.99 - $32.49
    $25.99 - $32.49
    $25.99
    $19.99 - $24.99
    $19.99 - $24.99
    $19.99

    Seal Tite Mattress Bag

    Malouf

    This heavy-duty mattress bag protects your mattress from dust, water, bed bugs, and other pests while in storage or transit. The extra durable 3 mi...

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    $25.99 - $32.49
    $25.99 - $32.49
    $25.99
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    $19.99 - $24.99
    $19.99
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    $233.99 - $253.49
    $233.99 - $253.49
    $233.99
    $179.99 - $194.99
    $179.99 - $194.99
    $179.99

    Shoulder Cut out CBD Pillow w/ Sage Aromatherapy

    Malouf

    CBD may help manage restlessness, pain, and stress which all affect your quality of sleep. By addressing one of those root causes, CBD can improve ...

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    $233.99 - $253.49
    $233.99 - $253.49
    $233.99
    $179.99 - $194.99
    $179.99 - $194.99
    $179.99
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    $194.99 - $214.49
    $194.99 - $214.49
    $194.99
    $149.99 - $164.99
    $149.99 - $164.99
    $149.99

    Shoulder Cutout Gel Dough + Z Gel Pillow

    Malouf

    Gel-infused Dough memory foam cradles the head and neck to relieve pressure, while an ample layer of liquid Z Gel captures and distributes heat for...

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    $194.99 - $214.49
    $194.99 - $214.49
    $194.99
    $149.99 - $164.99
    $149.99 - $164.99
    $149.99
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    $129.99 - $155.99
    $129.99 - $155.99
    $129.99
    $99.99 - $119.99
    $99.99 - $119.99
    $99.99

    Shredded Gel Dough

    Malouf

    Filled with shapeable clusters of shredded Gel Dough memory foam, the Shredded Gel Dough pillow offers a cooler, softer memory foam that is breatha...

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    $129.99 - $155.99
    $129.99 - $155.99
    $129.99
    $99.99 - $119.99
    $99.99 - $119.99
    $99.99
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    $110.49 - $129.99
    $110.49 - $129.99
    $110.49
    $84.99 - $99.99
    $84.99 - $99.99
    $84.99

    Shredded Latex

    Malouf

    Combining the resilient responsiveness of latex with the moldability of a traditional pillow, the Shredded Latex pillow is stuffed by cutting natur...

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    $110.49 - $129.99
    $110.49 - $129.99
    $110.49
    $84.99 - $99.99
    $84.99 - $99.99
    $84.99
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    $97.49 - $116.99
    $97.49 - $116.99
    $97.49
    $74.99 - $89.99
    $74.99 - $89.99
    $74.99

    Shredded Latex + Gelled Microfiber

    Malouf

    Combining shredded Latex and Gelled Microfiber fill creates a perfect balance between support and comfort giving the Shredded Latex + Gelled Microf...

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    $97.49 - $116.99
    $97.49 - $116.99
    $97.49
    $74.99 - $89.99
    $74.99 - $89.99
    $74.99
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    $77.99 - $337.99
    $77.99 - $337.99
    $77.99
    $59.99 - $259.99
    $59.99 - $259.99
    $59.99

    Smooth Bamboo Rayon Sheet Set

    Malouf

    Rayon From Bamboo Sheets will make slipping into bed a definite treat. The porous composition of the rayon from bamboo fibers makes the fabric more...

    View full details
    $77.99 - $337.99
    $77.99 - $337.99
    $77.99
    $59.99 - $259.99
    $59.99 - $259.99
    $59.99
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    $253.49 - $350.99
    $253.49 - $350.99
    $253.49
    $194.99 - $269.99
    $194.99 - $269.99
    $194.99

    Steelock Bolt-On Headboard Footboard Bed Frame

    Malouf

    Steelock super-duty bed frames are guaranteed to last; evident of its lifetime warranty. Every aspect of the Steelock bed frame is reinforced with ...

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    $253.49 - $350.99
    $253.49 - $350.99
    $253.49
    $194.99 - $269.99
    $194.99 - $269.99
    $194.99
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    $253.49 - $350.99
    $253.49 - $350.99
    $253.49
    $194.99 - $269.99
    $194.99 - $269.99
    $194.99

    Steelock Hook-In Headboard-Footboard Bed Frame

    Malouf

    Steelock super-duty bed frames are guaranteed to last and come with a lifetime warranty. Every aspect of the Steelock bed frame is reinforced with ...

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    $253.49 - $350.99
    $253.49 - $350.99
    $253.49
    $194.99 - $269.99
    $194.99 - $269.99
    $194.99
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    $175.49
    $175.49 - $175.49
    $175.49
    $134.99
    $134.99 - $134.99
    $134.99

    Structures Adjustable Center Support System, Full to King

    Malouf

    Upgrade a wooden bed frame with the stable support of steel crossrails and a heavy-duty center support. Much stronger than wooden slats, the Adjust...

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    $175.49
    $175.49 - $175.49
    $175.49
    $134.99
    $134.99 - $134.99
    $134.99
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    $350.99
    $350.99 - $350.99
    $350.99
    $269.99
    $269.99 - $269.99
    $269.99

    Structures Balance Heavy Duty Bed Frame

    Malouf

    Featuring heavy-duty steel construction, the Structures DuoSupport Bed Frame offers a strong foundation for any mattress type. The adjustable frame...

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    $350.99
    $350.99 - $350.99
    $350.99
    $269.99
    $269.99 - $269.99
    $269.99
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    $272.99 - $428.99
    $272.99 - $428.99
    $272.99
    $209.99 - $329.99
    $209.99 - $329.99
    $209.99

    Structures Highrise HD Bed Frame 14"

    Malouf

    The platform-style Highrise HD bed frame saves money and space by eliminating the need for a box spring. Its heavy-duty design ensures a quiet, sol...

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    $272.99 - $428.99
    $272.99 - $428.99
    $272.99
    $209.99 - $329.99
    $209.99 - $329.99
    $209.99
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    $324.99 - $487.49
    $324.99 - $487.49
    $324.99
    $249.99 - $374.99
    $249.99 - $374.99
    $249.99

    Structures Highrise HD Bed Frame 18"

    Malouf

    The platform-style Highrise HD bed frame saves money and space by eliminating the need for a box spring. Its heavy-duty design ensures a quiet, sol...

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    $324.99 - $487.49
    $324.99 - $487.49
    $324.99
    $249.99 - $374.99
    $249.99 - $374.99
    $249.99
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Under $500 — Frequently Asked Questions

What under $500 brands does Lowest Cost Mattress Warehouse carry?

Our Under $500 selection includes Malouf, chosen for a balance of quality, comfort, and value. Browse the collection to compare styles and finishes side by side.

How do I choose the right under $500?

Measure where the under $500 will go, then check your doorways, hallways, and stairwells to be sure it will fit inside. Think about how it will be used and by whom — homes with kids or pets do best with durable, easy-clean materials — and match the color, finish, and scale to what you already own. Want a second opinion? Just contact us.

Do you deliver under $500 items?

Yes. We deliver throughout our local service area and, in most cases, will bring your under $500 inside and place it where you want it. See our shipping & delivery policy for timelines, or contact us for a quote and an estimated delivery window.

Can I finance a under $500?

Yes. We offer financing options on qualifying purchases, often with promotional low- or no-interest plans. Ask us about prequalifying so you can shop with a budget in mind.

Does my under $500 come with a warranty?

Most pieces are covered by the manufacturer's warranty, which typically protects against defects in materials and workmanship for a period that varies by brand and product. Keep your order confirmation as proof of purchase, and contact us if you ever need to file a claim — we'll help you work with the manufacturer.

What if my under $500 arrives damaged?

Inspect it at delivery, and if anything isn't right, note it on the paperwork, snap a few photos, and contact us immediately. We'll coordinate a repair, replacement part, or return under our return policy.

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