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Top Cheap Function Rooms in New York City, NY
Planning a thrilling event in the vibrant metropolis of New York City doesn't need to strain your budget! Take advantage of the city's cheap function rooms, ranging from chic loft spaces in Brooklyn to sophisticated meeting halls in the heart of Manhattan. Whether you're organizing a casual get-together or a formal gathering, our listings encompass a diverse selection of budget-friendly event locations. Dive into our platform today to secure one of the finest function venues in New York City, all at a wallet-friendly price.
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![Back Room at B Lounge NYC in East Village, New York City, NY]()
from $200
minimum spend / per sessionCheck availabilityBack Room
35 guestsB Lounge NYCEast Village, New York City, NY
#Supervenue
CCindy Y.
“Perfect venue for a 35 person birthday party! would definitely recommend and book here again. ” -
![The Peacock Room at The Raines Law Room at The William in Murray Hill, New York City, NY]()
from $3850
minimum spend / per sessionCheck availabilityThe Peacock Room
40 guestsThe Raines Law Room at The WilliamMurray Hill, New York City, NYCClient E.
“The venue was brilliant, location, staff, setup, look and feel. Loved the terrace and the bar and food. ” -
![Versatile Event Space at Once Upon a Time, Inc in Richmond Hill, New York City, NY]()
from $90
hire fee / per hourCheck availabilityVersatile Event Space
75 guestsOnce Upon a Time, IncRichmond Hill, New York City, NYIIrving M.
“I needed to find a quick and affordable venue for a Friendsgiving and this location was perfect. ” -
![Velvet Room at Velvet Brooklyn in Brooklyn, New York City, NY]()
from $30
per person / per sessionCheck availabilityVelvet Room
60 guestsVelvet BrooklynBrooklyn, New York City, NYRRick T.
“Good location and venue. Open bar was great and the bartender made good cocktails. ” -
![Hawthorne & Peacock & Terrace at The Raines Law Room at The William in Murray Hill, New York City, NY]()
from $7150
minimum spend / per sessionCheck availabilityHawthorne & Peacock & Terrace
100 guestsThe Raines Law Room at The WilliamMurray Hill, New York City, NYAAbi S.
“Beautiful venue, great location, friendly helpful staff, easy booking process and great cocktails ” -
![Main Room at H I D D E N in Bed-Stuy, New York City, NY]()
from $83
hire fee / per hourCheck availabilityMain Room
75 guestsH I D D E NBed-Stuy, New York City, NYJJulian
“I loved everything about it. The venue was perfect for throwing my Fiancé's 30th birthday. ” -
![The Sterling Room at The Wallace Hotel in Upper West Side, New York City, NY]()
from $3000
minimum spend / per dayCheck availabilityThe Sterling Room
90 guestsThe Wallace HotelUpper West Side, New York City, NYThe Wallace's Sterling Room is our elegant function room for 90 guests. It's a bright space with comfortable modern furniture, carpeting, and multiple overhead lights. -
![Function Room at China Glatt in Brooklyn, New York City, NY]()
from $2200
minimum spend / per sessionCheck availabilityFunction Room
70 guestsChina GlattBrooklyn, New York City, NYLooking for a private dining space in Borough Park? China Glatt offers a Function Room accommodating up to 70 guests, featuring elegant yet neutral modern-style decor that complements any party theme. -
![Designer Soho Loft Space at The Farm Soho in SoHo, New York City, NY]()
from $350
hire fee / per hourCheck availabilityDesigner Soho Loft Space
50 guestsThe Farm SohoSoHo, New York City, NYThis space is one of New York City's most unique event venues. Featuring a historic venue, centrally located in Soho, with plenty of natural light and rustic Americana design, it will undoubtedly impress you and your guests. -
![Royal Blueprint Venue at Royal Blueprint NY | Venue + Event Planner in Bushwick, New York City, NY]()
from $200
hire fee / per hourCheck availabilityRoyal Blueprint Venue
90 guestsRoyal Blueprint NY | Venue + Event PlannerBushwick, New York City, NYRoyal Blueprint is a modern event venue in the heart of Brooklyn with high ceilings, customizable lighting, and luxe décor. Ideal for baby showers, birthdays, micro weddings, and mixers, it includes tables, chairs, uplighting, -
![Private Space at Jashn Events Space in Queens, New York City, NY]()
from $175
hire fee / per hourCheck availabilityPrivate Space
30 guestsJashn Events SpaceQueens, New York City, NYPerfect space for all your private events and meetings, such as workshops, seminars, tutoring classes, etc. The space can accommodate 25-30 people comfortably. -
![Main Dining Room Floor at Gran Morsi in TriBeCa, New York City, NY]()
from $90
per person / per sessionCheck availabilityMain Dining Room Floor
125 guestsGran MorsiTriBeCa, New York City, NYThe Main Dining Room Floor includes a full-service private bar, sound system, and individual restrooms. We also offer audiovisual capabilities, including a screen & projector, flatscreen television, and wireless microphones.
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FAQs about Top Cheap Function Rooms in New York City, NY
The cost of cheap function rooms in New York City averages around $175 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 New York City, based on Tagvenue data:
| From $75 | to $350 | hire fee per hour |
| From $2000 | to $7150 | minimum spend per event |
| From $1850 | to $7000 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated August 2025), the best options include:
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Velvet Room at Velvet Brooklyn in Brooklyn - rated 5/5
Our user said: ‘The venue allowed us in an hour before the event started, which was fantastic!’ -
Back Room at B Lounge NYC in East Village - rated 4.9/5
Our user said: ‘Great space and very responsive host! Location is great. The bartender was wonderful (thanks Brian!).’ -
The Peacock Room at The Raines Law Room at The William in Murray Hill - rated 4.9/5
Our user said: ‘The venue was brilliant, location, staff, setup, look and feel.’
Absolutely! Many cheap function rooms in New York City allow you to bring your own catering. It's a fantastic way to personalize your event and stick to your budget. Moldova Restaurant on Coney Island Avenue in Brooklyn allows external catering as well as a BYO (Bring Your Own) alcohol option. If you're looking to bring your own catering, be sure to check with the venue for any specific guidelines or restrictions they might have!
Yes, you can find plenty of inexpensive function rooms in New York City that are perfect for large gatherings. From corporate conferences to grand celebrations, these venues prove that affordability doesn't mean compromising on space or comfort! For instance, New Women Space in East Williamsburg offers a multifunctional space that can accommodate up to 90 guests. With an affordable rental fee starting at $85 per hour and a flexible layout, it is an excellent choice for hosting events such as fundraisers or corporate functions.
