The cost of banquet halls averages around $3000 minimum spend per event. 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 Hollywood, based on Tagvenue data:
| From $1500 | to $10000 | minimum spend per event |
| From $5500 | to $7500 | hire fee per day |
| From $85 | per person |
Cheap banquet halls in Hollywood start from $1500 minimum spend per event or $3500 hire fee per day. Check out these budget-friendly spaces you can book through Tagvenue, as of September 2026:
Selma Lounge at Saint Felix Hollywood, from $1500 minimum spend per event
(up to 75 guests seated)
Our user said: ‘Our payment for the event was a bit complicated, because we had various schools contributing to the budget.’
Studio A at Studio Eleven43, from $3500 hire fee per day
(up to 150 guests seated)
Venue said: The studio is a good-sized, open space — about 53’9” wide, 52’11” long, with 20-foot ceilings, so there’s plenty of room to work and move around comfortably.
Entire Venue at Trophy Room LA, from $5500 hire fee per day
(up to 300 guests seated)
Venue said: Trophy Room offers a rich, nostalgic experience, curated to your needs. Memories made timeless. We are your Hollywood destination for turn-of-the-century, old Hollywood, and prohibition-era events, filming, and photoshoot...
Page last updated in September 2026
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