When planning a renovation or new build, choosing the right flooring is one of the most important decisions you’ll make. Naturally, you want something that looks great, lasts long, and fits within your budget. At RM Flooring, one of the most common questions we hear is: “What is the best and cheapest flooring option?” The answer depends on your specific needs, lifestyle, and the space you’re working with—but we’re here to help you break it down.
1. What Does “Best” Really Mean for Flooring?
“Best” can mean different things to different people. For some, it means durability—especially in high-traffic areas or homes with pets or children. For others, it’s all about aesthetics or ease of maintenance. Ideally, a great flooring option should offer a balance of:
- Cost-effectiveness
- Visual appeal
- Durability
- Comfort underfoot
- Low maintenance
2. Top Affordable Flooring Options
Here are some of the most popular and budget-friendly flooring materials we recommend:
A. Luxury Vinyl Plank (LVP)
- Price: $2–$5 per square foot (material only)
- Pros: Waterproof, scratch-resistant, realistic wood/stone look, easy installation
- Best for: Kitchens, basements, rental properties, homes with kids or pets
- Why it’s great: LVP offers an upscale look without the price tag of real hardwood or stone.
B. Laminate Flooring
- Price: $1.50–$4 per square foot
- Pros: Durable, affordable, easy to clean
- Cons: Not fully waterproof (watch for spills)
- Best for: Living rooms, bedrooms, hallways
- Why it’s great: Laminate gives you a hardwood look with less maintenance and lower cost.
C. Sheet Vinyl
- Price: $1–$3 per square foot
- Pros: Water-resistant, inexpensive, low-maintenance
- Cons: Less realistic in appearance, harder to repair
- Best for: Bathrooms, laundry rooms, rental suites
- Why it’s great: It’s one of the most budget-friendly options that still performs well in moisture-prone areas.
D. Carpet (for Comfort & Warmth)
- Price: $1–$4 per square foot
- Pros: Soft, insulating, quiet underfoot
- Cons: Harder to clean, wears faster
- Best for: Bedrooms, basements
- Why it’s great: Carpet remains one of the cheapest and coziest options for low-traffic areas.
3. So What’s the Best Value Overall?
If you’re looking for the best balance between cost, appearance, and performance, Luxury Vinyl Plank (LVP) is often the winner. It’s durable, stylish, and suitable for almost any room in the house. Plus, with waterproof options available, you don’t have to worry about spills or humidity damage.
4. Professional Installation vs. DIY
While some flooring options are marketed as DIY-friendly, keep in mind that professional installation can save time and avoid costly mistakes. At RM Flooring, our experienced installers ensure your floors are done right—the first time.
5. Let RM Flooring Help You Choose
Still not sure what flooring is right for your home or budget? Our team can help you compare options, get samples, and work out a quote tailored to your needs. Whether you’re refreshing a rental unit, finishing a basement, or planning a full home makeover—we’re here to help every step of the way.
👉 Contact us today to book a free consultation or visit our showroom to explore affordable flooring that looks and performs great.