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The cashmere sweater dress is a luxe (and versatile!) cold weather wardrobe closet staple.
Known for being incredibly comfortable, cozy, and classy, cashmere sweater dresses are also often known for their higher price points. That’s why I’ve curated the best affordable cashmere sweater dresses for women under $500. These cashmere sweater dresses are elegant, timeless, and won’t break the bank (without skimping on quality!).
Whether you prefer a classic turtleneck, a sophisticated mock neck, or a chic mini, midi, or maxi length, there’s a cashmere sweater dress that perfectly suits your style and preferences.
27 Best Affordable Cashmere Sweater Dresses Under $500
It’s hard to beat Quince’s prices when it comes to 100% Grade-A Mongolian cashmere.
Quince’s bestselling cashmere turtleneck mini sweater dress is available in a variety of colors for under $100!
One reviewer wrote, “Beautiful sweater dress. I am in love with this dress, it is super soft, cozy and the perfect color! I’m glad I sized up, because it runs a little short.”
If you prefer a midi length, this cashmere turtleneck sweater dress has a side slit for easy movement and fine ribbed detailing on the turtleneck, cuffs, and hem.
One reviewer said, “Gorgeous and oh so soft. Gorgeous dress that fits just right to size, incredibly soft and has now survived many wears without a sign of it!”
This v-neck midi sweater dress receives rave reviews for its comfort and versatility. This dress is a fall and winter capsule wardrobe staple that is easy to dress up or down.
One reviewer said, “This is the sweater dress I’ve been waiting for!! It’s elegant and beautiful and comfortable, a perfect winter basic. I’m going to pair mine with some beautiful belts to look polished and flattering. I think it runs true to size or slightly large. I couldn’t be happier!”
Quince is having a hard time keeping this chic sleeveless midi dress in stock.
This effortlessly chic wool-cashmere blend sweater dress has been quick to sell out. Made from 57% merino wool, 25% cashmere, and 18% nylon, this mini sweater dress has slit sleeves, dropped shoulders, and a relaxed fit. (Note: This style runs large.)
One reviewer called this the “Perfect winter dress. The softest and coziest sweater dress. Love how it’s oversized and the slits at the wrists are a really fun detail. Also somehow the neck droops / sits perfectly without trying to lay it a specific way.”
Crafted from 70% Merino Wool and 30% Cashmere, Loulou Studio’s Altra dress is a timeless sweater dress silhouette that can be worn year after year.
If you like The Row’s aesthetic, this minimalist midweight 100% cashmere dress has a relaxed fit, crew neckline, and wide long sleeves that look sophisticated, not sloppy.
With fair-trade working conditions, Naked Cashmere pieces are 100% Grade-A Mongolian cashmere that is cruelty-free, ethically sourced, and sustainable.
Crafted from 100% Grade-A Mongolian cashmere, this chic ribbed turtleneck midi dress is simple and sophisticated.
One reviewer said, “Stunning fit, high quality, super soft cashmere, I love this dress and had to get it in both colors.”
Naked Cashmere’s stylish Gianna mini dress makes it effortlessly easy to throw on and go.
I’ll let this review speak for itself: “I can’t even begin to say what a flattering, and amazing dress this is. I bought this in black, and I don’t think I’ve ever looked better in a LBD. This is a fitted dress, but has enough give to flatter any size body. The cut of the dress is sheer perfection, and the weight of the cashmere will hide a multitude of sins. This is one hot dress, and I can see it dressed up or even with a casual pair of shoes. I have a feeling this will be getting a lot of wear in my rotation, and I may need a second color. Great dress from a great company.”
This beautiful bestselling 100% cashmere dress will receive plenty of compliments.
All of the following Reformation sweater dresses are made from 90% Recycled Cashmere, 10% Cashmere.
This elegant cashmere maxi dress is incredibly figure flattering.
Beautiful for the holiday season and cocktail parties.
The Basil midi is a great elevated staple that can be styled for work, brunch, or running around town. This dress can easily be paired with anything from heels to knee high boots to white sneakers.
This midi mockneck dress with a modest slit will keep you warm.
A sophisticated sleeveless staple.
This modest maxi is luxe enough to wear to a winter wedding.
If you’re looking for something more casual, this cashmere tee dress pairs perfectly with boots.
With dropped shoulders and extra-long sleeves, this relaxed-fit, calf-length cashmere dress will keep you cozy and comfortable.
This 100% Mongolian cashmere crewneck midi dress is a classic style that every woman should own. With an A-line silhouette designed to hit at mid calf, this dress style is flattering on many body types, while also keeping you cozy.
Made from 100% cashmere, this midi cashmere sweater dress has a V-neckline, A-line silhouette, and just the right amount of slouch.
This form-fitting sweater dress with chic bell cuffs is made from a cozy cashmere-blend (70% wool, 30% cashmere).
These NAADAM dresses are made from 100% Mongolian Cashmere that is not only super soft, but sustainable.
If you’re looking for one capsule wardrobe cashmere dress, NAADAM’s Luxe Cashmere Turtleneck Dress is the best of all worlds: midweight, midi length, and versatile. This elevated and easy to style sweater dress checks all the boxes.
This chic, slim-fitting cashmere midi dress has a hidden support band to keep the neckline in place all day.
With a relaxed polo collar and full button front, this slim-fitting ribbed cardigan midi dress is a versatile casual go-to.
One reviewer wrote, “The weight and drape of this dress is beautiful as is the color. The buttons are a nice touch. It’s incredibly soft and has a nice feel – weighty. It also has some stretch, but not too much. Hangs straight down as pictured. Very lovely piece.”
This v-neck midi dress has a relaxed yet flattering fit that won’t go out of style.
Lisa Yang’s Dolly midi dress is a minimalist staple you’ll want to have on hand. Seamless and strapless, this 100% cashmere dress is lightweight and easy to style for day or night.
CASHMERE CARE TOOLS
And if you’re looking for tools to keep your cashmere looking new, here are some great options!