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Top Affordable Venues in London

We’re experts when it comes to cheap venues in London. This city may not be known for its affordability, but that doesn’t mean there aren’t affordable venue hire options in the capital! If you’re looking for the best value for money, you’re in the right place – book with us and see how much you can save on venue hire!

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Affordable Venues Hire Guide

Top tips and tricks for cheap venue hire 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. Sometimes the road less travelled is really worth taking!

  • Minimum spend – which basically means free venue hire. Sound 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.

  • 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 space for events, especially midweek. Pubs not your thing? Think community centres, golf clubs and simple dry hire spaces that you can decorate yourself.

  • 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 something that’s not too big for your event if you’re working with a tight budget.

Popular types of cheap venues for hire in London:

  • Warehouses – if you need a unique 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. And the best thing? There are plenty of cheap halls to choose from in every district of London. No matter if you live in the east, west, south or north of the city, #tagvenue will help you find a location that meets both your needs and your budget.

Affordable Venues in London FAQ

Can I hire an affordable venue in London?

Even though London belongs to one of the most expensive cities in the world, you shouldn’t lose hope when it comes to hiring an affordable venue for any occasion. There are many smaller spaces for lower prices or you can opt for booking a minimum spend space. This means you only commit to spending a set amount of money on drinks and food, but don’t need to pay anything for the space itself!

How much should I expect to pay for an affordable venue in London?

The final prices of venues differ from spot to spot, but in general, hire fee starts around £12 per hour. You can find a per person price as low as £25 per session, while minimum spend usually doesn’t get lower than £50 per session. (All data from platform).

How can I save money on venue hire?

There are several ways to stay on a budget while hiring a venue in London. Make sure your guest list is as short as possible, because the smaller the place, the cheaper it may be. If your event requires catering, you can decide to hire a venue that allows you to bring your own alcohol and food, which will also help you save some money.

Guests Reviews of Affordable Venues on Tagvenue

Precious Tawia
Booked Function room at the Venue at The Old Street Gallery
Pacha went above and beyond to help me. I was heavily pregnant during the time of booking so she video-called me to ensure I still was able to view the property. On the day of the event she was such a friendly welcoming host and her and her staff member were a great support to me and my team. I plan to book out the venue for the rest of the year. Great venue and even greater venue manager! Very happy!
Joanna Venkov
Booked Meeting Room 1 at Canada Water Theatre
Really great venue for our away day. We had everything we needed in the room, including laptop, projector and screen, flipchart, whiteboard and pens. Everything was really easy to use. The meeting room was clean and modern and had great views over the water. The venue manager, Lea, was really responsive and helpful by email and made the process of booking very easy. I would definitely recommend Canada Water Theatre as a great venue that is good value and easily accessible.
Chris K
Booked Main Bar at Trapeze Bar
Rosie did an amazing job in setting up our Summer Party - Great communication before hand and on the night did all the running around making sure everything was ok. Everyone who attended said how amazing it was and more importantly how friendly the bar staff were! They really helped make a good night, great! So please pass on our thanks to them too and all others involved, nor forgetting of course your performers!! The food was also top notch! Thanks again, brilliant :)
Emma Miyo
Booked Photography Studio at Dot Athena
We organised a photoshoot for my choir here and it was the perfect venue. Christos and Evelyn couldn’t have gone to more trouble to help us before and during the booking and the room was well lit, clean and contained some great props and furniture to work with. We are a group of over 20 people, so it was great to have a separate waiting area with tea and coffee making facilities and space for everyone to eat and change.
Booked Royal Lounge at SPACES
Host was outstanding, on hand to support and help with anything I asked for. Loved the Decor of the venue, everything was beautifully styled. Food was delicious, for a great price. Sound system and lighting was wonderful too.
Iyanu Adebiyi
Booked The Lounge at Floaty McFloat Face
Our host was very helpful and lovely, she made us feel welcome and was able to answer any uestions we had The boat itself was amazing and perfect for our baby shower. They decorated the place well and the weather was great so we had the ceiling open which made it even better All our guests loved it and we will definitely recommend this venue to everyone! And will definitely use it again in the future!

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