Designing a small bedroom is not just about creating interiors that save up on space. It needs to be a combination of style and space consciousness that exudes balance and panache. This requires both proper planning and a touch of ingenuity. Lack of space in the bedroom does not mean you have to give up on either comfort or elegance. Compact bedrooms can appear as lavish and luxurious as any other that is blessed with ample space. In a world where studio apartments and city lofts are becoming more and more common, savvy design seems an absolute must.