Affordable Venues for Hire in London

Organising a proper party or event in London for cheap may seem like a daunting task. If you think you won’t be able to find a venue cheap enough to fit your budget, we’re happy to give you a helping hand. Thanks to Tagvenue, you can find the best affordable space for your event, contact venue managers directly, and pay online. If you need any tips on how to set yourself up for success with your London venue hire, feel free to follow this guide.

How to Find Affordable Venues in London

If you want to find yourself a great London venue on a budget, you will have to think outside the box. There are many different tips and tricks on how to save money on venue hunting and we know all of them. Here are some of the approaches you can use when searching for your dream cheap venue in London:

• Go off the beaten path - Search the less popular districts and discover hidden gems. Not only are many of them one of a kind, they’re usually much cheaper. The rule of thumb is: the further you are from London’s centre, the more affordable deals for the event spaces you can find. Who knows, maybe you’ll find a deal so great that it’ll be worth the extra drive?
• Minimum spend - This basically means free venue hire. Sounds too good to be true? Instead of paying a hire fee, you just have to spend a minimum amount on food and drinks at your event. It's a great option for all types of parties and celebrations, making them truly cheap!
• Focus on alternative venues - Looking for a budget wedding venue in London? Try thinking outside the box. More and more people are celebrating special occasions in pubs. Their owners are often more than happy to hire out their function rooms for events, especially midweek. Depending on what you’re going for, you can also opt for cheap meeting spaces, creative studios, or warehouses if you find something that interests you.
• Choose a smaller venue for hire - What’s the point of hiring a huge space for 300 people when you only expect 100 guests to show up? Usually, the more space you hire, the more you pay. Focus on a perfect party venue that’s not too big for your event if you’re working with a tight budget. To do that, you can ask the guests to RSVP to your event way in advance. That way you’ll get the maximum amount of seats you’re going to need. Remember to think about how many guests you can host before you send out the invitations.
• Decorate the venue yourself - This is a no-brainer, especially if you want to go for an unfurnished affordable venue. Bring some basic furniture (or ask the venue if they could provide it), check out some DIY decoration ideas on Pinterest and see where your imagination is going to take you!

• Handle the food and drinks yourself - In-house catering can get quite expensive at times, so why not do it yourself? Preparing a feast for over 50 people may just be too difficult, but smaller dishes and hors d'oeuvres are perfectly approachable for you or people willing to help you.

The Best Types of Cheap Venues for Hire in London

• Warehouses - If you need a unique budget party location with a high ceiling and a cool, industrial vibe, warehouses are the ultimate choice. Converted factories, lofts and railway arches are usually an affordable option for private parties, wedding receptions and many other occasions.
• Halls - Another versatile and cheap venue hire option, perfect for partying on a budget in London. And the best thing? There are plenty of cheap halls to choose from in every district of London. No matter which part of the city you live in, Tagvenue will help you find a location that meets both your needs and your budget.
• Blank canvases - These are truly affordable spaces that can do it all. Weddings, meetings, or parties can be arranged in an appropriately sized blank canvas space. And they’re pretty cheap and common in central London.
• Art galleries - Feeling a little artsy? London is full of affordable art galleries for hire. While they’re most commonly used for exhibitions or artist collaborations, you can ask them to set up for many different types of events or parties.
• Creative spaces - If you’re looking for an alternative to a typical photo or art venue, creative spaces offer just that. They are very versatile in their use cases and facilities, so you may be able to find a cheap venue that fits your creative project or event.

When you manage to pick the best venue for your budget, closing the deal will be as easy as pie. Just head to Tagvenue, choose a venue, fill out your event details, and send the enquiry. Your venue manager will soon reach out to you and provide you with all the details. You can even pay the hire fee online, with no additional costs!

Where Can I Find Cheap Venues for Birthday Parties in London?

To make things easier, we’ve rounded up some of the best budget-friendly spots where you can host a fantastic birthday bash without the hefty price tag.

•  Wildwood Room at The Green Man – A crowd favourite with great reviews and quick responses. This rustic space features wooden floors, festoon lights for perfect party photos, and seating for up to 30 guests (or 60 standing). It comes with a widescreen TV, Bluetooth connectivity, public WiFi, and a stocked stationery box. Catering is available, making it a great choice for a casual party with friends.
• Function Room at Simmons | Monument – If you’re planning a night of drinks, dancing, and fun, this venue is perfect. The private function room has a fully stocked bar, DJ booth, and a standalone sound system. You can play your own music and even arrange external catering. With space for up to 150 standing guests and private restrooms, it's a great option for a fun birthday celebration.
• Mala Madre at The Last Talisman – Great for a birthday lunch or brunch, this stylish space combines an Asian grill with a fantastic bar for a memorable experience. Choose from the stunning Mala Madre private event space, the cosy Mezzanine, the exclusive Chef’s Room, or the hidden Secret Private Dining Room in the basement for your private birthday gathering.

Are there any Affordable Spaces for Weddings in London?
There are plenty of affordable wedding spots. To find one that fits your budget, use our filters to set a price range. Need a quick recommendation? Here are some of our top picks:

• The Playhouse at The Playhouse – This former theatre offers a stylish, open-plan space with plenty of natural light. It has cosy breakout areas, elegant décor, and seating for up to 60 guests, making it great for a medium-sized wedding. The venue also provides catering and is fully accessible.
• The Fishing Smack at Boathouse Studios, Barking – A blank canvas venue overlooking the River Roding, perfect for a personalised wedding. The hire fee includes tables, chairs, LED lights, and a projector, giving you everything you need to create your dream setup.
• The Nave at St Ethelburga’s Centre – If you're looking for a beautiful yet budget-friendly venue, this historic space is a great choice. With high ceilings, 14th-century arches, and a stunning stained-glass window, it sets the scene for an elegant and memorable wedding.

These venues prove you don’t need to spend a fortune to have a magical wedding day!

Areas in London Where You Can Find Cheap Spaces

1. East London: Known for its vibrant arts scene and industrial heritage, East London offers many affordable venue options. Areas like Shoreditch, Hackney, and Bethnal Green feature converted warehouses, art galleries, community centres, and cheap creative spaces that cater to different events, from pop-up markets to live performances. 
2. South London: South London has a mix of historic venues and modern event spaces at affordable rates. Neighbourhoods like Peckham, Brixton, and Deptford offer a variety of venues, including affordable party pubs, community halls, and cultural centres, ideal for everything from small gatherings to larger functions. 
3. North London: North London has several areas with affordable venue options, such as Camden, Islington, and Stoke Newington. Here, you can find budget-friendly venues like function rooms, church halls, and local community centres, perfect for hosting meetings, workshops, and social events. 
4. Outer London Boroughs: Beyond central London, the outer boroughs offer more affordable venue options without sacrificing convenience or accessibility. Areas like Croydon, Walthamstow, and Stratford provide a range of venues, including conference centres, sports halls, and educational institutions, suitable for events of all sizes and budgets.
5. Suburban Areas: Suburban areas surrounding London, such as Richmond, Wimbledon, and Twickenham, offer a tranquil setting with affordable venue options. Here, you can find venues like village halls, leisure centres, and parks that provide a relaxed atmosphere for weddings, family gatherings, and community events. 
6. Academic Institutions: London is home to numerous universities and colleges that offer affordable venue hire options for events and conferences. Universities such as Imperial College London, University College London (UCL), and King's College London often rent lecture theatres, seminar rooms, and event spaces at competitive rates. 
7. Cultural Institutions: Museums, galleries, and cultural institutions throughout London may offer affordable venue hire options for events, exhibitions, and performances. Places like the Museum of London, the Tate Modern, and the Barbican Centre often have event spaces available for hire at reasonable prices.

Find the perfect cheap party spot in London with our filters. Reach out to venue managers, book with ease, and get ready for an amazing celebration