LA is a city of wonders where you can find event spaces at any price range dotted all over the city. No matter what type of event you’ve got in mind, conference rooms, wedding venues, restaurants, bars, etc. at reasonable prices are all waiting to be discovered. What’s more, here on Tagvenue you will find them with only a few clicks! So don’t hesitate to take our search engines for a spin and discover all the amazing affordable venues in Los Angeles that will make your night without ruining your budget!
The cost of affordable venues in Los Angeles averages around $250 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 Los Angeles, based on Tagvenue data from October 2025:
| From $150 | to $550 | hire fee per hour |
| From $2500 | to $5500 | minimum spend per event |
| From $2000 | to $8000 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated October 2025), the best options include:
Non-Private Bar at Paper Tiger Bar
in Koreatown - rated 5/5
Our user said: ‘Great space and ambience for the cost...’
Selma Lounge at Saint Felix Hollywood
in Hollywood - rated 4.9/5
Our user said: ‘Absolutely BEAUTIFUL venue!’
All-Purpose Studio at The People Place
in Culver City - rated 4.8/5
Our user said: ‘This venue is the most wonderful venue.’
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 Los Angeles, together with the standard prices in each size range, based on Tagvenue data (October 2025):
| Small affordable venues | up to 100 guests | prices average $180 hire fee per hour |
| Medium affordable venues | between 130 and 200 guests | prices average $250 hire fee per hour |
| Large affordable venues | over 260 guests | prices average $3500 minimum spend per event |
Try your luck around Beverly Hills and West Hollywood! It’s possible to find wedding venues there at both reasonable and affordable prices. Also, venues in Fashion District and Arts District have beautiful and elegant spaces to offer. You can also search a little further from the central neighborhoods, for example, in Southern LA. Thanks to LA’s beautiful weather you can always organize an outdoor wedding reception on the beach in Santa Monica without breaking the bank!
Of course! You can find many affordable venues Downtown, especially near the Pershing Square metro line. However, we recommend not to limit yourself to only one area during your search for an affordable venue. There are plenty of hidden gems in neighboring areas that you can easily reach via public transport or a car. And with Tagvenue you will find them without any stress!
Planning an event should be exciting, not stressful. If you're hosting a corporate meetup, a wedding reception, or a birthday dinner with friends, the process can be just as enjoyable as the event itself, especially when you're smart with your budget.
With a few smart decisions and a little flexibility, you can pull off a memorable celebration, meeting, or gathering, without going over budget. From choosing the right venue to managing food, guest count, and timing, here’s how to keep costs in check while still delivering an event that feels polished, personal, and worth showing up for.
Create a clear budget sheet to map out your spending. List your must-haves; venue, food, decor, equipment, and leave some wiggle room for unexpected costs. Ask venue managers about what's included in the rental. In many cases, booking a blank canvas venue and hiring your own caterer can save more than going with in-house options.
Knowing how many people you’re hosting helps you avoid overspending on a venue that’s too big. You are also able to plan food and drink quantities accurately. Use our search filters to search by guest count and instantly find venues that match your crowd size and style.
Pick a few venues that meet your needs and compare them side-by-side:
Visit your shortlist in person, ask questions, and don’t be shy about negotiating. Many venue managers are open to offering discounts or customizing packages if you ask.
Your event date can have a big impact on your final cost. Want to save?
Once your guest list is set, decide on food and drinks. A sit-down dinner might not be necessary. You can have finger food, buffet-style dining, or even a cocktail-only. It can work wonders. Compare in-house catering costs vs. hiring an external caterer. If your venue allows it, bringing in outside food often gives you more flexibility with your budget and menu.
If you're planning a birthday party on a budget, here are a few wallet-friendly picks:
These venues keep things fun and flexible without a high price tag—ideal for birthdays that are big on atmosphere but easy on the wallet.
Weddings in LA don’t have to cost a fortune. With the right location, you can host a beautiful ceremony and reception on a tight budget, especially if you’re open to weekday or off-peak dates. Here are some great affordable wedding venue options: