Looking for affordable venues for hire in Melbourne? Well, whether you’re looking for a meeting room in Brunswick, a funky venue in Collingwood or an event space in the CBD, we have listings for cheap venues that are worth getting excited about. With a huge selection of low-cost event spaces on offer, we have the best of the best for the least amount. Remember, you don’t have to spend a lot of money to have a great time, so get started on your hunt for great, cheap venues today!
Based on Tagvenue’s data, as of August 2026, here’s an overview of some of the best spaces you can book for your event in Melbourne:
Unique Heritage Ballroom at Fringe Common Rooms
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Event Pavilion at Amora Herencia Riverwalk Melbourne
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Events Space STUDIO 705 at Music Valley
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| Space type | Ballroom in an Event Venue | Event Space in a Hotel | Event Space in a Music Studio |
| Venue | Located in Melbourne's historic Trades Hall, Common Rooms offers a vibrant setting with a state-of-the-art sound system and stage. Perfect for lively parties and performances, with a ready-made festive vibe. | Amora Hotel in Richmond features a stunning Event Pavilion with a green living roof and Yarra River views. Perfect for weddings and stylish events with a calming atmosphere. | Located in Melbourne, Music Valley offers fully equipped studios with premium recording and soundproof facilities. Ideal for rehearsals, recordings, and music video productions, this space is praised for its exceptional support and staff, making it perfect for musicians and artists. |
| Booking costs | from $1000 minimum spend / per session | from $89 per person / per morning | from $97 hire fee / per hour |
| Capacity | 114 guests seating, 250 standing | 200 guests seating, 250 standing | 60 guests seating, 65 standing |
| Location | Carlton, Melbourne | Richmond, Melbourne | Point Cook, Melbourne |
| What users say | ‘The room already has a stage/professional lighting rig/sound system and private bar in the room.’ | ‘She provided great insights into options available, and their pros and cons...’ | ‘The ease of booking, the friendly staff and how amazing the venue was...’ |
The cost of affordable venues averages around $2500 minimum spend per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in Melbourne, based on Tagvenue data from August 2026:
| From $2000 | to $5000 | minimum spend per event |
| From $35 | to $120 | per person |
| From $300 | to $2500 | hire fee per event |
Based on the popularity and user ratings on Tagvenue (updated August 2026), the best options include:
Unique Heritage Ballroom at Fringe Common Rooms
in Carlton - rated 5/5
Our user said: ‘The room already has a stage/professional lighting rig/sound system and private bar in the room.’
Events Space STUDIO 705 at Music Valley
in Point Cook - rated 4.9/5
Our user said: ‘The ease of booking, the friendly staff and how amazing the venue was...’
Event Pavilion at Amora Herencia Riverwalk Melbourne
in Richmond - rated 4.8/5
Our user said: ‘She provided great insights into options available, and their pros and cons...’
You'll find affordable venues in various sizes, from smaller spots to larger venues; keep in mind that the type of space and your chosen layout will affect the capacity! Below you can see the typical venue sizes in Melbourne, together with the standard prices in each size range, based on Tagvenue data (August 2026):
| Small | up to 80 guests | prices average $120 hire fee per hour |
| Medium | between 120 and 180 guests | prices average $150 hire fee per hour |
| Large | over 220 guests | prices average $4500 minimum spend per event |
These are the venues within 300 m from central Melbourne, available to book on Tagvenue:
Based on Tagvenue data (as of August 2026), users looking for affordable venues most commonly go for these venue types:
| Event Venue | prices average $3000 minimum spend per event | typically between 100 and 300 guests |
| Hall | prices average $20000 minimum spend per event | typically between 170 and 500 guests |
| Bar | prices average $2000 minimum spend per event | typically between 80 and 250 guests |
| Hotel | prices average $3000 minimum spend per event | typically between 155 and 250 guests |
| Function Room | prices average $2475 hire fee per event | typically between 130 and 250 guests |
For sure! The prices for budget-friendly venues will be around $50 per person (usually for wedding venues), and $300 to $700 per session for other events. Of course, you’ll be able to find more expensive options as well.
Generally, you can find cheaper venues outside the city centre, in the city's lovely suburbs. However, if you are looking for specific areas to start your search, we recommend heading to Southbank to find some of the least expensive venues in Melbourne. Other neighbourhoods you should also check out are: South Yarra, Carlton and East Melbourne. However, there are many options spread out all over the city so check out our Tagvenue map for the best options in Melbourne!
Explore Melbourne’s diverse range of budget-friendly venues, perfect for any occasion. Discover affordable wedding venues where you can celebrate your special day without going over budget. Find budget-friendly meeting rooms ideal for productive gatherings and business events. Explore cost efficient outdoor venues for enjoying Melbourne's beautiful weather. Lastly, uncover unique venues hat offer distinctive settings you won’t find anywhere else!
Are you ready to check out Melbourne's affordable venues? Let’s start with a small, budget-friendly venue hire guide!
Melbourne is a bustling metropolis with many exciting, inexpensive venues. Unfortunately, many of them can be expensive. However, great options are available. You just need to keep your eyes peeled and your tabs open on Tagvenue order to book the best locales!
Start your search for low-cost spaces with the city administration. They offer a variety of community spaces for resident use. Great for meetings or workshops, receptions or parties, these function spaces are found across the city in libraries, recreation centres, community halls, parks and other public spaces. You can even book rooms in the Melbourne Town Hall.
If you are seeking an inexpensive hire for a wedding or other more formal event, you need to broaden your hunt a bit. The city has a variety of unique and funky venues in the cafe-rich section of Melbourne known as the Inner City. In Carlton, Collingwood and Abbotsford, for example, you can hire an entire venue for a reasonable flat fee of around $1000.
Another option is a smaller-sized function room in a pub or bar, which can offer you a minimum spend option, allowing you to secure the space for free as long as you ensure your guests spend a certain agreed-upon amount.
If you need a meeting room or more formal space for a conference call or training, you can find a cheap meeting room for a low price in co-working spaces throughout the city. These shared office spaces offer rooms of varying sizes, along with refreshments or via an on-site kitchen. These also offer a quite reasonable service, with daily fees starting around $40, and monthly membership plans as well. Prices vary depending on room size and duration.
Now that you know how to rent affordably, it’s time to check out some fab venue suggestions that were brought together by the team. If you still have some questions, then make sure to head to the FAQ section below, where we answer some of the most common questions!
Page last updated in August 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.