Budget Friendly HGTV Living Room Ideas: Transform Your Living Space Without Breaking the BankSarah ThompsonJan 19, 2026Table of ContentsIncorporate DIY Decor for Personal TouchChoose Multi-Functional FurnitureAccessorize with TextilesFAQFree Smart Home PlannerAI-Powered smart home design software 2025Home Design for FreeAre you looking to refresh your living room but worried about the costs? Don't fret! With a sprinkle of creativity and a dash of planning, you can achieve stunning HGTV-inspired living room ideas on a budget. From DIY decor projects to clever furniture layouts, this guide will help you create a space that feels luxurious without the hefty price tag. Let’s dive into some incredible tips and tricks that will elevate your living room style.Incorporate DIY Decor for Personal TouchOne of the most budget-friendly ways to spruce up your living room is by incorporating DIY decor. For example, creating art pieces from thrift store frames and fabric can add a personal touch. Let’s be honest, who hasn’t struggled with finding the perfect wall art? Why not create something that reflects your style? Check out design communities for inspiration.Choose Multi-Functional FurnitureInvesting in multi-functional furniture is a game-changer for budget-conscious design. A stylish ottoman that doubles as storage can help keep clutter at bay while providing extra seating. Plus, it’s a great way to maximize space in smaller living rooms. What’s your favorite multi-functional piece in your home?Accessorize with TextilesAdding new textiles, such as throws and cushions, can instantly revitalize your living room. Opt for a soft, neutral palette with hints of color to create a calm and inviting atmosphere. Don’t forget to mix textures to add depth to your space. After all, details make all the difference!FAQWhat are some affordable ways to update a living room? You can repaint walls, rearrange furniture, or add new accessories.Where can I find cheap furniture for my living room? Thrift stores, online marketplaces, and discount furniture outlets are great places to start.welcome to CoohomHome Design for FreePlease check with customer service before testing new feature.