Point blank: you can never go wrong with a pair of penny loafers. The slip-on, no-fuss shoes are a seasonless wardrobe staple that can be worn with anything at any time. Slip them on for work, a cocktail party, or even casual daytime wear—the opportunities are endless.
Popularized in the 1930s, it's safe to say men's loafers will never go out of style thanks to their beloved qualities: durable construction, unmatched comfort, timeless appeal, and versatility. The modern-day loafers that made this Top 10 list offer those same qualities with details like moccasin toe stitching, supple leather, driver details, tassels, and cushioned footbeds.
With hundreds of iterations of the loafer on the shelves and even more to choose from online, it can be challenging to narrow down a pair—or three—to add to your shoe rotation. So, to make shopping for the best men's loafers simple, we turned to our data-backed algorithm to find and rank only the best ones the internet has to offer.
How We Found The Best Men's Loafers
Factoring in best-seller lists, social media buzz, trusted user reviews, editor recommendations, and more, our unbiased algorithm scoured the internet and landed on the following Top 10 loafers suited for every budget and style. Scroll ahead to shop the best men's loafers, from luxury designers to popular brands like Cole Haan, Salvatore Ferragamo, Gucci, and Clarks.
November 28, 2022
Written By:Naomi Venerable
Product Expert:Georgia Jones
Top 10 Lists serve as unbiased shopping guides to the most trusted product recommendations on the internet. Products are scored and ranked using an algorithm backed by data consumers find most valuable when making a purchase. We are reader-supported and may earn a commission when you shop through our links.
The Rankings
Clarks Men's Tilden Free Loafer
Overall Score
4.1
10
Clarks Men's Tilden Free Loafer
4.5
5089 User Reviews
3.3
Best Seller
0
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Cushion
WHAT IT DOES
This slip-on loafer has a sleek, moccasin silhouette that's equal parts stylish and comfortable. The rubber outsole provides long-term durability and enhanced shock absorption, while its OrthoLite insole offers plush cushioning.
ADDITIONAL THINGS TO KNOW
This loafer comes in two neutral colors—black and dark tan—and is also available in wide-width sizes.
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Vince Camuto Esmail Penny Loafer
Overall Score
4.1
09
Vince Camuto Esmail Penny Loafer
4.7
154 User Reviews
2.6
Best Seller
0
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Budget
WHO’S IT FOR
A classic take on the penny loafer, these leather slip-ons feature a classic driver sole that can be dressed up or down.
STYLE WITH
Pair these penny loafers with a pair of slacks or dark-wash denim for a classic look.
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Allen Edmonds Randolph Loafer
Overall Score
4.1
08
Allen Edmonds Randolph Loafer
4.1
261 User Reviews
2.7
Best Seller
3
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Size Range
WHO IT’S FOR
If you’re looking for a pair of durable loafers that will last for years to come, you’ve met your match. The Allen Edmonds loafers may be a splurge, but according to reviewers, the high-quality leather, unmatched comfort, and well-made construction are certainly worth it.
USER REVIEW
“For many years, all I have worn is Allen Edmons. I need a 9EE, and they are not the easiest to find. One of my friends introduced me to Allen Edmonds 30 years ago. This was my first penny loafer, and I love them. They fit great and feel good. I expected nothing less!"
More Colors
Marc Joseph New York Wall Street Bit Loafer Driving Shoe
Overall Score
4.15
07
Marc Joseph New York Wall Street Bit Loafer Driving Shoe
4.9
16 User Reviews
2.2
Best Seller
0
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Drivers
WHY PEOPLE LOVE IT
Made from supple calfskin leather, these loafers fit snug for all-day comfort and cost a fraction of the price of similar high-end styles.
ADDITIONAL THINGS TO KNOW
These loafers come in a variety of colors, including navy, brown, and tan.
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J.Crew Camden Loafers In Leather
Overall Score
4.15
06
J.Crew Camden Loafers In Leather
3.6
14 User Reviews
5
Best Seller
3
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best For Everyday Wear
WHY IT MADE THE LIST
A smooth leather lining and a durable rubber outsole make these classic penny loafers perfectly suited for everyday, easy styling.
ADDITIONAL THINGS TO KNOW
This version is based on the brand’s original 1930s design and is made with premium leather uppers and a smooth leather lining that will soften with each wear.
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To Boot New York Men's Francis Penny Loafers
Overall Score
4.15
05
To Boot New York Men's Francis Penny Loafers
4.95
186 User Reviews
2.6
Best Seller
0
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Penny Loafer
WHO IT’S FOR
Modern-day loafer aficionados claim this pair sacrifices neither comfort nor style, thanks to its smooth leather lining and almond moc toe.
ADDITIONAL THINGS TO KNOW
These loafers are part of Bloomingdale’s exclusive collection, which means you won’t find this design anywhere else.
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Salvatore Ferragamo Men's Grandioso Double Gancini Bit Leather Slip On Loafers
Overall Score
4.2
04
Salvatore Ferragamo Men's Grandioso Double Gancini Bit Leather Slip On Loafers
4.5
30 User Reviews
5
Best Seller
0
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Splurge
WHY PEOPLE LOVE IT
Loved for its lasting leather quality and timeless design, the Double Gancini is a signature twist on the classic penny loafer.
ADDITIONAL THINGS TO KNOW
These loafers fit true to size, so we recommend sticking to your normal shoe size.
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Cole Haan Men's 4.ZERØGRAND Loafer
Overall Score
4.25
03
Cole Haan Men's 4.ZERØGRAND Loafer
4.7
54 User Reviews
2.4
Best Seller
3
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Casual
WHY IT MADE THE LIST
Cole Haan reimagined what a loafer can do with the innovative design of the 4.ZERØGRAND. It has proprietary multi-layered foam cushioning that provides all-day comfort and a lightweight yet durable outsole that offers all the traction you need for everyday activities.
ADDITIONAL THINGS TO KNOW
These loafers come in black and tan and are available in regular and wide-fit options.
More Colors
M.Gemi The Filare
Overall Score
4.3
02
M.Gemi The Filare
4.8
50 User Reviews
2.4
Best Seller
3
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Minimal
WHY PEOPLE LOVE IT
Made by artisans in Italy, the M.Gemi Filare is a favorite among loafer collectors due to its hand-burnished finish in luxe calf leather, grosgrain binding for blister-free wear, and stacked leather sole for extra durability.
ADDITIONAL THINGS TO KNOW
Reviewers suggest going up half a size as these run slim and narrow.
More Colors
Gucci 1953 Horsebit Leather Loafer
Overall Score
4.55
01
Gucci 1953 Horsebit Leather Loafer
4.9
20 User Reviews
5
Best Seller
4
Industry Recognition
0
Social Buzz
About Our Scoring System
In order for any product to be featured on Rank & Style, it must first meet the requirements set by our algorithm—a vetting process that allocates points based on consumer and industry data to score and rank products within a given category.
Best Overall
WHY PEOPLE LOVE IT
The iconic Gucci design and unmatched comfort make this pair of men’s loafers a staple worth investing in.
USER REVIEW
“There are no imitators to the classic and iconic Gucci 1953. The supple quality of the leather is instantly noticeable. They're extremely comfortable to wear, especially with the more updated cloth-lined interior. You can't go wrong, and there's simply no other loafer that defines elegance at the same level.”
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