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The Costway Convertible Futon Sofa Bed is an armless L-shaped sleeper that folds through three backrest angles (105, 150 and 180 degrees) to go from upright sofa to lounger to a flat full-size bed. It uses a solid wood frame, high-density sponge cushions and breathable linen fabric, and it is rated for 530 lbs. It suits small apartments, guest rooms and dorms where one piece has to do both jobs. Against metal-frame futons it feels softer and more furniture-like, but the armless, low-back design and the thin seat leave less support than a true sofa.
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Lowest price we've seen: $179.99 on Nov 10 at Overstock. Tracked across 2 stores since Nov 10.
Owners rate it well overall, calling it a good value sleeper for small rooms. Most praise how easily it converts and how firm and supportive it feels. Complaints center on the thin seat, the armless frame and the assembly.

