Trying to throw an event in Philly without emptying your bank account? We feel you! Whether you’re hosting a baby shower, wedding, or corporate event, affordable function rooms in Philadelphia are the answer. With venues in neighbourhoods like Fishtown and Rittenhouse Square, you can host an amazing event while keeping the costs in check. No need to settle for less – get a venue that’s as impressive as it is budget-friendly, right here on Tagvenue.
The cost of affordable function rooms in Philadelphia averages around $75 hire fee per hour. 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 Philadelphia, based on Tagvenue data from October 2025:
| From $65 | to $100 | hire fee per hour |
| From $500 | to $2700 | minimum spend per event |
| From $1500 | to $1800 | hire fee per event |
You'll find affordable function rooms 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 Philadelphia, together with the standard prices in each size range, based on Tagvenue data (October 2025):
| Small affordable function rooms | up to 25 guests | prices average $65 hire fee per hour |
| Medium affordable function rooms | between 40 and 60 guests | prices average $95 hire fee per hour |
| Large affordable function rooms | over 75 guests | prices average $1800 hire fee per event |
It’s recommended to book your function room in Philadelphia at least 3-4 months ahead. The city is a popular destination for events, and venues can book up quickly, particularly in well-known areas like Rittenhouse Square or Fishtown. Booking early guarantees access to your preferred location and ensures availability during peak seasons.
Consider the atmosphere of the venue, its location in relation to your guests, and the type of event you’re hosting. Make sure the venue fits the vibe of your event and offers the right amenities, including catering and audio-visual support if needed. Check out The Ultimate Checklist for Choosing a Venue (#5 Will Save You Time and Money!) for more tips.