Dad and kids cleaning floor.

Cheap Flooring Ideas For 2020

Zina Kumok4-Minute Read
March 12, 2020

When it comes to home improvement projects, there’s a lot that homeowners want to do. Remodel their kitchen. Add on a deck. Finish the basement.

But changing your floors can be an affordable way to create a big change. You can revamp your living areas, but it won’t cost you as much as you think.

Why Should You Consider Replacing Your Flooring?

Redoing your floors can make a huge impact in your home. If you’re about to sell a house with outdated floors, updating them can increase the resale value of your home. Good floors stand out and are a selling point to potential buyers.

You don’t have to blow your budget replacing your floors. There are lots of cheap flooring options available for every room in your house.

Common Types Of Flooring

You have lots of options when it comes to picking the type of flooring. Here are the most common ones you’ll find in today’s homes.

Hardwood Flooring

Hardwood remains one of the most popular flooring options, one that is commonly seen in living rooms, dining rooms and foyers. The most popular hardwood options are cherry, oak and maple with narrow strips, wide planks and parquet squares being the most common sizes. Hardwood floors can be refinished in a variety of styles, but you’ll pay extra for its durability.

Laminate Flooring

Laminate flooring is a synthetic option that mimics the look of hardwood. It’s almost always more affordable and easier to install than hardwood floors. Laminate floors can often last up to 10 years if treated well.


Homeowners love carpet because it’s less expensive, easy to install and simple to replace. Carpet is especially popular in bedrooms, playrooms and on stairs. Nowadays, people look for carpet that has multiple colors and textures – a sharp contrast from what most people think of.

Vinyl Flooring

Vinyl floors are popular in bathrooms and kitchens, mostly because of their durability and water resistance. Vinyl floors are easy to install and more affordable than hardwood or stone. Nowadays, you can find different types of vinyl floors, including sheets and luxury planks.

Tile Flooring

Tile flooring is a common option in bathrooms and kitchens. Porcelain and ceramic tiles are perfect for these areas because they’re less water absorbent than other materials and come in a variety of colors and styles.

The cost of installing tile floors depends on the tile and how elaborate the pattern is. 

Affordable Flooring Ideas For 2020

While hardwood floors remain popular and in-demand, they’re also one of the most expensive flooring options. Fortunately for homeowners, there are cheaper options that can look as refined and last for a long time.

Wood-Look Laminate

Wood-look laminate gives the appearance of hardwood without the price tag. Wood-look laminate styles include multitone wood, gray wood and antique dark wood. These can also be water-resistant and are less prone to scratches.

Peel-And-Stick Flooring

Peel-and-stick flooring is a type of vinyl that’s easy for the average homeowner to install. Like the name suggests, you peel off the bottom and stick the tile to the floor. This option is best for rooms and areas that won’t see heavy use, like a guest room or office.

Luxury Vinyl Tiles (LVTs) Or Planks (LVPs)

Luxury Vinyl Tiles or Planks are hardwood and stone substitutes that look much more realistic than traditional vinyl flooring. They have more depth and are more visually appealing, but are still durable and scratch-resistant.

Modern Sheet Linoleum 

When you think of affordable flooring, linoleum often comes to mind. If you’re looking for a floor with an interesting pattern for your bathroom or kitchen, consider Modern Sheet Linoleum. 

Epoxy Floors

This type of flooring is perfect for garages or basements. Epoxy floors come in a variety of colors and styles and can be waterproof if you add a sealant over them. They have a distinctive shine and are an affordable option for a room with a lot of foot traffic.

Plywood Plank Flooring

Using plywood for your floors may seem unusual, but it’s an affordable alternative to hardwood. Depending on the type of plywood and finish, it can seem like a realistic dupe that will last until you can afford to use real hardwood. 

Factors To Consider When Choosing Cheaper Flooring

You need to look at a variety of factors before deciding on a flooring option. Here’s what you should consider:


How much you can afford directly impacts what kind of flooring you can buy. If your budget is $10 per square foot, there’s no way you can buy hardwood. Be sure to factor in the cost of installation, not just the material.


Durability is a huge factor for most homeowners, especially those who plan to stay in their house for a while. Some types of carpet are less durable and may require frequent cleanings, while the right type of hardwood may last decades. You should also consider what kind of wear and tear the room will get to find the best type of flooring.

DIY vs. Professional Installation

Installing flooring yourself will save you money on labor costs, but homeowners need to be realistic about their abilities and time constraints. Hiring a professional will speed up the process and often result in a better outcome, though you’ll pay for more for the convenience.

Style Longevity

A major consideration for homeowners is how trendy your new flooring is. What looks good on Instagram now might be dated in 10 years when you want to sell the house. If you’re considering moving anytime soon, choose the flooring option that will be timeless and have a mass appeal.

Years ago, people only had a few options for their floors. But in 2020, flooring choices are limitless. No matter what room you want to redo, it’s easy to find a flooring solution to fit your lifestyle and your budget.

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    Zina Kumok

    Zina Kumok is a freelance writer specializing in personal finance. A Certified Financial Health Counselor and Student Loan Counselor, she also works as a money coach helping people one-on-one at Conscious Coins. She has been featured in Lifehacker, DailyWorth and Time. She paid off $28,000 worth of student loans in three years.