Discover cheap party apartments for hire in London, the ultimate destination for unforgettable gatherings without breaking the bank. From budget-friendly event spaces in bustling Soho to cost-effective celebration apartments in historic Covent Garden, our selection caters to every taste and budget. Experience the charm of the city’s nightlife with our listing of economical party flats, perfect for any occasion. Whether you're planning a vibrant birthday bash, a lively hen night, or a casual get-together, our London budget party rentals offer the ideal setting. Let's turn your event into a memorable celebration with our cheap party apartments in London.
Booking costs of cheap party apartments average £2000 minimum spend per event. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in London, based on Tagvenue data from December 2025:
| From £1000 | to £4250 | minimum spend per event |
| From £75 | to £150 | hire fee per hour |
| From £950 | to £2000 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated December 2025), the best options include:
Music Studio X The Loft at Bread and Butter Studio X The Loft
in Shoreditch - rated 5/5
Our user said: ‘Totally loved it and would love to have some more parties here!’
The Loft at Low Profile Studios
in Finsbury Park - rated 4.9/5
Our user said: ‘Everything, Just the perfect space for a small private party.’
PocketSquare Skyline Bar at Hyatt Place London City East
in Tower Hamlets - rated 4.8/5
Our user said: ‘Fantastic venue!! We just had a client social event here and everyone was very impressed!’
You'll find cheap party apartments 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 London, together with the standard prices in each size range, based on Tagvenue data (December 2025):
| Small | up to 20 guests | prices average £120 hire fee per hour |
| Medium | between 40 and 70 guests | prices average £1000 minimum spend per event |
| Large | over 90 guests | prices average £2590 minimum spend per event |
These are the venues within 1.2 mi from central London, available to book on Tagvenue:
From intimate birthday bashes and spirited bachelor or bachelorette parties to engaging corporate gatherings and lively reunions, these affordable rental spaces cater to all. Located near iconic landmarks like the Tower of London, Shoreditch's lively nightlife, or the serene beauty of Hyde Park, these venues offer an immersive London experience.
When booking a budget-friendly party apartment in London, be aware of noise restrictions to ensure your celebration doesn't disrupt the peace. London's residential areas, including those near West End or quieter districts like Greenwich, often have strict noise regulations, particularly after 11 PM. To avoid fines or complaints, it's crucial to check with the landlord about specific noise guidelines or community quiet hours.
Consider the apartment's location, ideally near public transport or within walking distance of London's Underground stations, to facilitate easy guest access. Additionally, confirm the venue's capacity to accommodate your guest list comfortably and ask about amenities like a kitchen, audio equipment, or outdoor space. Always read the rental agreement thoroughly to understand the cancellation policy, deposit requirements, and any additional fees, ensuring a smooth and successful event.
Page last updated in December 2025
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