A great option for studio apartments or guest bedrooms, murphy beds are a great way to save space without sacrificing your home's style. Take this one, for example: crafted from solid rubberwood, this piece features an extending base designed to look like two drawers that pull out to become the base. The two cabinet doors open to reveal the included, folding mattress, so you simply have to unfold it before your guests can drift off to sleep. Tongue and groove paneling and slim bar pull round this piece out with a touch of cottage style.