If your budget is limited, the best options for you are laminate and vinyl floorings. These two options can both look like hardwood but at more affordable prices. Both Laminate and Vinyl flooring are made by a High-Density Fiber (HDF), with a balancing melamine backing layer underneath and a unique decor layer on the top, covered by a transparent and clear wear layer on top.
Vinyl flooring can be installed using a float, glue or loose lay methods while laminate flooring can only be installed using floating methods. Floating means planks are locked together, but they not attached to the subfloor. They are both can be installed over wood or concrete subfloors on any level of the home (including basement), Both can be cleaned easily by sweeping and dry mopping. Laminate is not suitable for areas with high levels of moisture, like bathrooms, while Vinyl is resistant to water, mold, and mildew, which makes it an especially great choice for basements and bathrooms. There are some types Vinyl planks which are waterproof. Laminate is more affordable than Vinyl, and both Laminate and Vinyl are more affordable than hardwood flooring. They also both will give you a variety of stunning styles.