Affordable Wedding Venues for Rent in Downtown Chicago, IL

Affordable Wedding Venues for Rent in Downtown Chicago, IL

Elegant wedding venues at a price you can afford

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Top Affordable Wedding Venues in Downtown Chicago, IL

If you're looking for a cheap wedding venue in the center of the Windy City, you're in luck! The city offers amazing wedding spaces whether you are seeking a historic ballroom with skyline views and amazing decor or a chic loft space near the Magnificent Mile. Search downtown Chicago for budget-friendly options that won’t compromise on style. Hop on Tagvenue to explore affordable wedding venues and find a setting that leaves a lasting impression.

Map of Downtown Chicago, IL
26 Wedding Venues in Downtown Chicago, IL

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Affordable Wedding Venues for Rent in Downtown Chicago, IL

FAQs about Top Affordable Wedding Venues in Downtown Chicago, IL

Prices of affordable wedding venues average $10000 minimum spend per event. 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 February 2026:

Prices of affordable wedding venues in Downtown Chicago
From $5500 to $18000 minimum spend per event
From $150 to $775 hire fee per hour
From $4500 to $7500 hire fee per day

Based on the popularity and user ratings on Tagvenue (updated February 2026), the best options include:

  • Aspire AB at Eurostars Magnificent Mile in River North - rated 5/5
    Venue said: Each room is cared for down to the last detail to preserve the characteristic atmosphere of the hotel and respond to the needs of each guest.

  • Whole Venue at The Tavern Club at 333 in Streeterville - rated 5/5
    Venue said: Host a business meeting with an unprecedented view of downtown Chicago, a cocktail party with a fully-stocked high-end bar, or a family gathering in the heart of the city.

  • 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...

You'll find affordable wedding 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 Downtown Chicago, together with the standard prices in each size range, based on Tagvenue data (February 2026):

Small up to 120 guests prices average $2500 minimum spend per event
Medium between 150 and 300 guests prices average $185 hire fee per hour
Large over 320 guests prices average $25000 minimum spend per event

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Page last updated in February 2026

To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.