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Sheet vinyl is the cheapest DIY flooring, depending on the brand, style, and quality you choose. Not only is it one of the most affordable flooring products on the market, but it is also easy for most homeowners to install, as it only requires cutting, trimming, and gluing down to the existing floor surface. Some sheet vinyl manufacturers make a loose-lay sheet vinyl flooring that does not even need to be glued.

Carpet squares, tile stickers, painting or stenciling existing tile floors, and painting existing concrete flooring are also affordable options for DIY flooring.

Installing carpet padding is mostly a matter of measuring the room and cutting the carpet pad to size with a utility knife. You can save some money on carpet installation costs by doing it yourself. Before installing the carpet padding, you should install the tack strips around the room’s perimeter and prepare the subfloor by cleaning and making any necessary repairs. Then, unroll the carpet pad and cut sections as needed. Staple the carpet pad to the subfloor along the edges, leaving the tack strips exposed.

Carpet glue is very sticky, but it's not permanent. The glue usually lasts as long as a typical carpet installation, which is five to 15 years. For the best results, you should always use the right type of carpet glue for the area you're using it in. There are carpet glues for high-traffic areas, which are more high-quality and durable than others.

There are a few different types of finishes to choose from for the final step of the project. 

Water-based polyurethane sealants emit fewer odors and fumes but dry quickly, which can pose a challenge when trying to get a smooth coat. Oil-based polyurethane sealants let out more odors and fumes into the air (it’s especially important to wear a respirator if you choose this type), but they take longer to dry, which can be more forgiving during the finishing step. 

Some may prefer wood oil to polyurethane because rather than creating a layer, it becomes part of the wood. Wood oil takes longer to dry, and is less resistant to wear and tear; however, it creates a natural-looking result by enhancing the grain of the wood.