Prices of affordable wedding venues average $500 hire fee per hour. The cost varies based on the venue's size and additional services such as catering, floral arrangements, or bridal suites. It may also be influenced by the number and type of event spaces available in the venue, for example, separate areas for the ceremony, reception, and photo sessions. Spaces offering all-inclusive packages are a budget-friendly option for couples seeking a fuss-free experience. Check out typical price ranges in Downtown Chicago, based on Tagvenue data:
| From $150 | to $625 | hire fee per hour |
| From $5500 | minimum spend per event |
Based on the popularity and user ratings on Tagvenue (updated September 2026), the best options include:
The Event Hall at One East Wacker
in Chicago Loop - rated 5/5
Venue said: The Event Hall is an event space in One East Wacker defined by a contemporary open-plan layout that adapts to different set-ups. Design: The interior features warm herringbone timber flooring and pale wood panelling that...
Chicago River Ballroom at Embassy Suites Chicago Downtown
in Streeterville - rated 4.9/5
Venue said: The elegant Chicago River Ballroom has 6,240 sq.ft of space that can easily accomodate around 500 people. Located on the ML floor of the hotel, this room can be divisable into seven different breakouts, making it perfect...
Aspire B at Eurostars Magnificent Mile
in River North - rated 4.8/5
Venue said: By dividing the Aspire room, we get the perfect room for smaller events. The maximum capacity of Aspire B is up to 50 people. Contact us for more details.
Page last updated in September 2026
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