It's the centerpiece of the nursery and possibly the most expensive purchase new parents make. How to decide on a crib? Take a look at our top picks. By Danielle Friedland

Best Modern, Affordable

Name: Baby Mod by Million Dollar Baby Roxanne 3-in-1 Crib
Price: $300
Why It's Great: If you're craving a modern crib, but can't quite justify the hefty cost, this Baby Mod crib is the answer to your wishes! It's perfect for space-challenged new parents, with a storage drawer below. It also converts into a toddler bed when needed. Made by Million Dollar Baby, it's imported from New Zealand and is constructed of all wood – no pressboard. Best of all is the price tag, just under $300 and available only at walmart.com, where you can have it shipped to the Wal-Mart store nearest to you for free pick-up.

We also like: DwellStudio for Target Silver Lake Crib ($300) also has a drawer underneath.